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Switzerland-based Tiberius launched on Oct. 1 a new crypto that is fully-backed and exchangeable for a basket of precious metals that include gold, platinum, copper, aluminum, nickel, cobalt and tin. Tiberius Coin gives investors as well as industrial companies access to physical metals as part of their investment, risk management and even operational strategies.
The availability of Tiberius Coins will be limited to the actual metals in storage which fully back the tokenized asset.
On September 26th, Circle announced the release its new stablecoin USD Coin (USDC), which will begin trading on Circle’s Poloniex exchange immediately. The new USDC stablecoin will be fully collateralized by USD at a 1:1 ratio. The stablecoin market has been particularly active recently, with several other projects launching in past few months.
Circle’s announcement also highlights that the firm has over thirty supporting companies lined up to begin offering trading and support for the new stablecoin. Exchanges that have agreed to begin trading in the new stablecoin. In addition to Poloniex, other exchanges include OKCoin, KuCoin, Digifinex, Coinplug, XDAEX, and CoinEx. Additionally, numerous prominent wallet providers have pledged to begin supporting USDC shortly.
Earlier this month, three stablecoins (Gemini, Paxos and Carbon) that are pegged 1:1 to the U.S. dollar launched with regulatory approval. But many investors don’t like the dollar’s inflationary features and some undoubtedly prefer value stored in precious metals. This week, a Switzerland-based startup launched an ERC-20 token whose price is tied to gold, opening a crypto-investing avenue that appeals to traditionalists.
Eidoo’s (Ekon) coin is redeemable for one gram of 99.9 percent fine gold.
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Randy Brito is the head of Bitcoin Venezuela, a non-profit organization dedicated to educate and promote Bitcoin in Venezuela. He is also spearheading the Locha project, which he describes as “an effort to push the needed developments and research for achieving the hyperbitcoinization in Venezuela.” Brito also sees a use case for bitcoin in countries
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Cryptocurrency startup Swarm has an ambitious plan to democratize venture capital, and it has today taken a major step toward that goal by listing tokens that allow investors to purchase fractional shares in privately-owned fintech darling Robinhood. No, Robinhood, a wildly-popular commission-free stock trading app that recently earned a $ 5.6 billion valuation, isn’t holding a
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Coming off fresh first quarter losses undeterred, giant cryptocurrency merchant bank, Galaxy Digital, began trading on the Toronto Stock Exchange August, 1, 2018. It is one of the earliest banks in the crypto space to achieve such a listing. Many eyes are watching to see what will become of the relationship between legacy financial institutions and digital assets.
While Coinbase, Binance, and other giant crypto exchanges have made a name for themselves and dominated the market, a new model is slowly taking root. The zero-fee trading model was advanced by Robinhood, and now a new entrant is seeking to snatch the crown. Voyager, backed by some renowned tech investors including an Uber co-founder, will offer at least 15 cryptos to trade on its platform, giving it an edge over Robinhood which only offers five. It will also aggregate the prices of cryptos from at least ten different crypto exchanges, giving its users access to the best possible price.
With all the controversy and mistrust surrounding Tether (USDT) it’s no surprise that a multitude of new alternatives have popped up recently. The latest example is from Malta where a company seeking a local crypto license has launched a Euro-backed stablecoin, EURS.
Stasis Launches EURS
Stasis, a financial tokenization platform, has launched EURS, a new stablecoin built on Ethereum’s EIP-20 standard and claimed to be backed 1-for-1 by the Euro. The EURS has begun trading on one exchange already, London-based DSX, and the company says that the order volume is projected to reach $ 500 million by year’s end.
Tether Ltd., which issues a stable coin allegedly tied to U.S. dollar reserves, claims it has hired Freeh Sporkin & Sullivan LLP — a law firm co-founded by FBI Director Louis Freeh — to confirm its bank deposits and assure investors that its cryptocurrency is backed by USD. While the law firm did not perform an official audit, it did have access to Tether’s bank accounts and has released data regarding how much money the company holds.
This year it appears crypto is ready for its close up. Hollywood has come knocking in significant ways. Alec Baldwin (The Boss Baby, SNL, Mission Impossible), Antonio Banderas (Shrek, Zorro, Spy Kids), and Oscar-winning filmmaker Bobby Moresco (Crash, Million Dollar Baby) are presently filming Lamborghini. It’s a biographical movie about Ferruccio Lamborghini, namesake behind the ecosystem’s favorite icon for crypto wealth. Fittingly, it’s also co-produced by Tatatu, a social entertainment company run on blockchain tech.
INNOVATIVE BIORESEARCH, a biotech company specialized in HIV, cancer and regeneration research, launched INNBC Token sale to develop their novel cell-based therapy for HIV, along with an app named “You’re not alone” providing on one hand a decentralized database for clinical data, and on the other hand a social platform to provide information, support and services to the HIV positive community. In addition, the INNBC Token will be spendable to buy classic iconic JDM cars, and as such it will be backed by the value of actual physical goods. INNBC Token sale is something unique among current ICO offerings.
Cryptocurrencies do not always carry the label of “legal tender” in most countries. In fact, the number of countries where Bitcoin and altcoins are legal tender can almost be counted on one hand. Quintric is trying to change that by issuing legal cryptocurrencies backed by silver and gold. It is quite an interesting project, although its chances of success are unknown.
As the general public learns more about Cryptocurrency trading, more and more investors want to get in on it, but don’t know how. Countinghouse is making it possible for everyone to profit off of Cryptocurrency with the launch of their Cryptocurrency Hedge Fund ICO. This hedge fund uses a mathematical algorithm to constantly pull profits from the Cryptocurrency market.
South Australia, Australia – March 6, 2018, Countinghouse Fund made international news today with the announcement of a new ICO that has investors swarming. Countinghouse Fund is an already-established foreign exchange direct hedge fund which uses coded algorithms and mathematical techniques to force profit from volatility and movement in the forex market. Countinghouse’s mission is simple; apply existing techniques to the world of cryptocurrency which shows greater volatility than the traditional fiat currency exchange.
It’s incredible to witness how rapidly humans have evolved in the last couple of decades. This period in particular has held spectacular advancements in technology, especially when compared to our early history as a species. It took Homo Sapiens tens of thousands of years to come up with the concept of the wheel and another few thousand years to invent the first car in the 19th century.
Many credit card companies offer the moon to consumers such as free gifts or reward spending programs, but those perks seemed to be missing in the world of Cryptocurrency, that is, until now. ValueCash is the first Cryptocurrency exchange ecosystem that rewards its users’ earnings and spending.
Los Angeles, CA – Feb 16th, 2018, ValueCash announced this week that they will be launching an Initial Coin Offering that is sure to stir up the competition in the world of cryptocurrency trading. ValueCash is a decentralized cryptocurrency and exchange where its token holders can make payments for goods and services while simultaneously earning new ValueCash through their purchase and acceptance. ValueCash is doing something never done before by offering rewards based on spending and other ICO’s are taking notice.
The music industry is a multi-billion dollar industry that branches out in many directions and has many profitable avenues to exploit; one such avenue is background music. Many venues resort to playing music that is either unlicensed or not supposed to be used for commercial purposes. Moozicore plans to change all of that with their new platform that can be played by anyone at any time using their mobile app.
The PLAAK App ecosystem aims to give control back to Tradies and consumers alike by enabling Service Provider to choose their work hours and giving as much information as possible about the Service Provider to the consumer; allowing both parties to make the best choice for their unique requirements. The included wallet will also give true payment freedom, allowing the user to allocate funds within the wallet and pay Service Providers with the Cryptocurrency of their choice.
Tim Berners-Lee, the inventor of the World Wide Web stated: “We need diversity of thought in the world to face the new challenges”.
Zabercoin is an asset-backed cryptocurrency. Therefore, with Zabercoin we combine the blockchain technology with physical asset investments like real estate and lucrative companies more specifically located in emerging markets (EM) with recurring income re-invested to ensure growth, research, and development. Zabercoin limits your exposure to the downside risk of many existing cryptocurrencies. Zabercoin has a floor price right from the time of its inception. Each Zabercoin is backed by lucrative property and therefore we can safely state that it will always have a real or intrinsic value that will give peace of mind to the investor and user.