Physical version of gold-backed token replaces Zimbabwe dollar

Crypto Twitter is a powerful place. Not only does the online discussion follow the ups and downs of digital assets, but it can also shape price action. Oftentimes, a spike in Twitter attention can anticipate a dramatic increase in an asset’s price. Yet, in other cases, the order can be reversed, or there may be…

Project reps say the platform has transferred more than 1,100,000 actual trade and finance documents for over 75,000 customers since its implementation. 77 Total views 21 Total shares CargoX, a blockchain company specializing in document transfer solutions, announced a long-term extension to its agreement with the Egyptian government to digitize the nation’s trade flows. Last…

The United States Immigration and Customs Enforcement (ICE) has revealed the existence of a Cryptocurrency Intelligence Program (CIP) in the agency’s 2021 budget proposal.The proposal states that the CIP seeks to identify unlicensed capital flows taking place across peer-to-peer (P2P) marketplaces, online forums, and darknet markets. The CIP was developed by ICE’s Bulk Cash Smuggling…

The European Union is increasing the amount of data that can be reused as raw material for artificial intelligence and blockchain projects, the trading bloc announced in a news release on June 6.Officials hope the relaxed rules will “boost the EU data economy, contribute to the development of a data-based society and stimulate growth.”High-value datasets will be available free…

The price of Bitcoin (BTC) dropped sharply from $37,800 to $35,000 overnight, liquidating $572 million worth of cryptocurrency futures positions.There are three major reasons why the price of Bitcoin declined steeply in the past 12 hours. The reasons are an overheated derivatives market, growing doubt in the market, and the lack of upside volatility.BTC/USD 15-minute…

Amid mounting criticism on social media, crypto investment firm CoinFLEX has attempted to clarify its plans to build a new crypto exchange with Three Arrows Capital (3AC).A leaked pitch deck on Jan. 16 revealed it was collaborating with the now-bankrupt hedge fund to build a proposed crypto exchange called "GTX" — which would focus on the trading…

Bitcoin Cash advocate, Roger Ver, claims he spent thousands of dollars on individual Bitcoin transaction costs in the past. 511 Total views 26 Total shares Bitcoin Cash (BCH) proponent, Roger Ver, claims he paid thousands of dollars in Bitcoin (BTC) fees on multiple occasions. "I paid a thousand dollars in fees for a single transaction on…

Debtors jumped on the opportunity to grab a discount on their loan repayments when USDC and DAI de-pegged from the dollar. 2047 Total views 15 Total shares Own this piece of history Collect this article as an NFTThe depegging of USD Coin (USDC) and Dai (DAI) from the United States dollar prompted a frenzy of…

Fidelity argued Bitcoin should be considered separately from the rest of the digital asset market as no other altcoin comes close to its properties 88 Total views 27 Total shares Fidelity, the multinational brokerage giant, released a paper on Bitcoin (BTC) titled Bitcoin First. The financial services provider calls for BTC to be treated separately…