Apparently gold falls into the category of one of the few assets which investors find as safe havens when political and economic tensions begin to escalate. Having an intrinsic value happens to make it compared to gold more often than not, however, this seems to be changing with the introduction of fake bars which clearly … Continue reading Gold Price Hits New Six-Year High But Fake Bars May Benefit Bitcoin
Binance and Paxos Team Up to Launch a New USD-Backed Stablecoin Crypto exchange giant Binance, and digital asset trust company Paxos recently announced their partnership to launch a USD-backed stablecoin. The announcement comes after the approval from the New York State Department of Financial Services (NYDPS). The new stablecoin, Binance USD (BUSD) is reportedly available later this month … Continue reading NYDFS Approved: Binance and Paxos New Stablecoin Collab & Paxos Gold-Backed Token
Blockchain-Based Startups Empower Individuals to Identify Fake News Back in 2017, a man named James McDaniel confessed that he had created a fake news website to test how gullible Internet readers could be. “As I continued to write ridiculous things they just kept getting shared and I kept drawing more viewers,” he told Politifact. In … Continue reading Blockchain-Based Startups Empower Individuals to Identify Fake News
The Swiss Financial Market Supervisory Authority (FINMA) issuednew guidelines for stablecoins added as a supplement to its existing guidelines for initial coin offerings (ICOs) to outline how stablecoins are treated under the Swiss supervisory law. FINMA announced on Wednesday that stablecoins are classified under the existing approach of blockchain-based tokens. The regulatory framework for stablecoins may differ depending on their underlying assets that they are … Continue reading Switzerland’s New Stablecoin Guidelines: 3 Things You Should Know
According to an announcement made yesterday, Moneygram had liaised with Visa with plans to launch a peer-to-peer debit card service. This was made known in the details of the recent news of the acquisition of payment service operator MoneyGram by Ripple. There was a lot of anticipation by the XRP community that this debit card … Continue reading Visa's New Debit Card Rumored to Use XRP for Payments
It has been reported that the firm behind CryptoKitties, Dapper Labs has been able to raise a sum of $11.2 million, Andreessen Horowitz, Digital Currency Group, and Warner Music Group were said to be a part of the fundraising according to a Forbes report. Dapper Labs new blockchain, Flow, will be built with the new … Continue reading $11 Million Raised by the Makers of CryptoKitties to Build a New Blockchain
The U.S. Food and Drug Administration (FDA) will hold a meeting with stakeholders to discuss its plans to usher in “A New Era of Smarter Food Safety .” The meetingwill take place on October 21st, with the aim of gathering input and feedback to help shape an FDA blueprint for the initiative. The FDA will propose leveraging … Continue reading US FDA Calls Meeting on Blockchain, AI and the New Era of Smarter Food Safety
1983’s sci-fi movie Brainstorm featured a device that could record an individual’s physical sensations and emotional feelings, and transfer these onto a tape-like medium, so they could be shared with others. The more mundane experiences of rollercoaster rides, high-speed chases, etc., inevitably give way to one of the human being’s most basic instincts: the sexual … Continue reading Is Blockchain the New Frontier for Human Sexuality?
IBM has opened the IBM Quantum Computation Center, bringing the world’s largest fleet of quantum computing systems online. On September 18th, IBM announced the opening of the IBM Quantum Computation Center in New York State which will house the world’s largest fleet of quantum computing systems for commercial and research activity that exists outside of an … Continue reading IBM Opens Quantum Computation Center in New York
The International Monetary Fund (IMF) recently released a blog, “Digital Currencies: The Rise of Stablecoins” outlining the adoption of new digital payment methods. The blog written by Tobias Adrian and Tommaso Mancini-Griffoli outlined the benefits and risks that stablecoins may impose on customers and society. The IMF mentioned that times are changing as Facebook has announced … Continue reading IMF Releases New Blog on the Adoption of Stablecoins