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Paxos—How the Global Financial Crisis Inspired the Creation of the NYDFS-Regulated Stablecoin

Charles Cascarilla is the CEO and co-founder of Paxos, a financial technology company working to modernize the financial system by digitizing and mobilizing assets. Paxos is building a future where all assets—from money to gold to securities— can be digitized and then moved instantaneously.  Before Paxos, Cascarilla co-founded institutional asset management complex Cedar Hill Capital … Continue reading Paxos—How the Global Financial Crisis Inspired the Creation of the NYDFS-Regulated Stablecoin

Fed Governor Warns ECB Forum that Libra Risks are Immense

The Governor of the Federal Reserve, Lael Brainard warned a European Central Bank (ECB) forum in Germany, that the risks posed by the potential mainstream adoption of Facebook’s proposed stablecoin Libra, are too immense.   According to an article by Forbes published on Dec.18, Brainard cautioned the ECB forum that the risks already associated with … Continue reading Fed Governor Warns ECB Forum that Libra Risks are Immense

Federal Reserve Considers a FEDcoin in Wake of Rising Stablecoin and CBDC Development

Federal Reserve Governor, Lael Brainard said that the Fed is weighing the developments and policy issues in the digital payments sector and experimenting with central bank digital currencies (CBDC) in consideration of potentially issuing its own digital currency. According to Reuters, Brainard’s comments while speaking with the Stanford Graduate School of Business on Feb. 5, … Continue reading Federal Reserve Considers a FEDcoin in Wake of Rising Stablecoin and CBDC Development

Blockchain Against Corona: How the World Health Organization Uses DLT Compared to the Rest of the Globe

With disruptive technology including blockchain being continuously deployed to tackle the coronavirus COVID-19 pandemic, the World Health Organization (WHO) has chosen to partner with leading technology and blockchain companies to build a distributed ledger technology-based platform to share data. These companies include IBM, Oracle, Microsoft, and decentralized platform Hacera. The platform, MiPasa will be utilizing … Continue reading Blockchain Against Corona: How the World Health Organization Uses DLT Compared to the Rest of the Globe

ConsenSys Reveals How the Ethereum Network Weathered the COVID-19 Pandemic Market's Flash Crash on Black Thursday

The world of traditional finance has been in a state of recovery since the shock market crashes that began on March 12 due to the economic disruption of the coronavirus pandemic which was further exacerbated by Saudi Arabia’s sudden attempt to seize a controlling share of the world’s oil market. While much debate has raged about the … Continue reading ConsenSys Reveals How the Ethereum Network Weathered the COVID-19 Pandemic Market's Flash Crash on Black Thursday

Microsoft’s Crypto Patent Fuels Another Right Wing Satanic Conspiracy By Ex-CIA Agent

Ex-CIA agent Kevin Shipp has dragged Microsoft’s crypto-mining patent right back into the center of another right-wing conspiracy based on a controversial ad featuring alleged satanist Marina Abramovic. Former CIA agent Kevin Shipp has shared an image of alleged satanist Marina Abramovic promoting a Microsoft product with his 150,000 Twitter followers, further exacerbating the Microsoft devil’s … Continue reading Microsoft’s Crypto Patent Fuels Another Right Wing Satanic Conspiracy By Ex-CIA Agent

Ripple XRP Falls to Key Support Level Of Around $0.50

The crypto market, for the most part, is up once again. The Bitcoin price has pushed back above $18,500 and has tried to retest $19,000. But Ripple’s XRP, although it has been heavily correlated to Bitcoin’s movements previously, has on its end reversed its uptrend. Ripple XRP has pulled below the 30-day simple moving average … Continue reading Ripple XRP Falls to Key Support Level Of Around $0.50

Ripple XRP Price Could Suffer A Plunge Again if a Key Support Level Is Broken

Ripple is now the only mainstream cryptocurrency that has dropped while Bitcoin has surged. Ripple’s XRP price is down by 40% since its highs of $0.78 on Nov. 24. Since XRP fell below the 30-day moving average (MA) which then became a strong resistance level, it exacerbated the slide. Now the 12-hour 90 period MA indicates a … Continue reading Ripple XRP Price Could Suffer A Plunge Again if a Key Support Level Is Broken

Bitcoin Price at $30,000 Could Mean BTC is Rising too Far too Fast, says Tone Vays

Crypto Analyst and Bitcoin trader Tone Vays has warned that should the Bitcoin price hit $30,000 this week, the crypto will be in the “rising too far too fast zone” which has typically lead to drastic price plunges. Bitcoin surged above the $24,000 level and recorded a new all-time high over the weekend. Breaking past … Continue reading Bitcoin Price at $30,000 Could Mean BTC is Rising too Far too Fast, says Tone Vays

Central Bank Digital Currency (CBDC) Race: 2020 Year in Review

The Central Bank Digital Currency (CBDC) race heated up this year with the need for digital payments and cashless payment systems exacerbated by the coronavirus pandemic and economic disruption. As 2020 comes to a close, we take a look back at the most important developments in CBDC. Why Develop a CBDC? Despite being influenced by … Continue reading Central Bank Digital Currency (CBDC) Race: 2020 Year in Review

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