Raiffeisen Bank participates in the first successful global tokenized collateral trial. Twenty-eight organizations including Raiffeisen and 17 other banks have participated in the successful completion of the Ivno Global Tokenized Collateral Trial. This is the first global token trial on the R3 Corda platform, hosted on Microsoft Azure, as reported on Oct. 17. Efficiencies in…
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As the IMF says a fresh crisis looms, one Bitcoin analyst reminds the industry that fiat currencies trend to zero in just 27 years. Bitcoin (BTC) may only be ten years old, but it is about to match half the lifespan of the average fiat currency — while actually increasing in value. Average fiat dies…
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Recently, there was a minor upside correction in bitcoin price above the USD 8,000 level. However, BTC/USD failed to gain momentum above the USD 8,100 level and struggled to test the USD 8,200 resistance. As a result, there was a fresh decline below USD 8,000 and USD 7,900. Similarly, ethereum, EOS, bitcoin cash, litecoin, ripple,…
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As exchanges expand Bitcoin derivatives, the CFTC clears the way for Ether futures. But will investors be interested in such a tool? The United States Commodity Futures Trading Commission (CFTC) hasn’t come to bury Ether, it’s come to regulate it. That was the message drawn from Heath Tarbert’s remarks from the stage at Yahoo Finance’s…
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Decentralized cryptocurrency exchange Binance DEX is preparing to list BCH-1FD, a pegged token that tracks the value of Bitcoin Cash. Changpeng Zhao (aka “CZ”), CEO and founder of major cryptocurrency exchange Binance, has proposed to list a token pegged to Bitcoin Cash (BCH) on Binance DEX, the platform’s decentralized counterpart. According to the post published…
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It seems that the major economies are about to intensify the war for control over money. The Group of Seven (G7) largest advanced economies has instructed its members to compete with cryptocurrencies and stablecoins by improving the existing financial system – and consider issuing digital fiats. In a detailed report from the G7 Working Group…
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Developer of the world’s tallest building Burj Khalifa will launch its new blockchain token-based referral and loyalty platform in 2019. Dubai-based real estate giant Emaar Properties has released its new blockchain token-based referral and loyalty platform. Real monetary value Emaar, which developed the world’s tallest building, the Burj Khalifa, as well as the Dubai Mall,…
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Nearly 75 percent of German consumers would not use Facebook’s Libra stablecoin as a means of payment at home or abroad. Almost three-quarters of German consumers would not use Facebook’s planned digital currency, Libra, according to a recent poll. Only 27 percent considers using Libra On Oct. 17, Cointelegraph auf Deutsch reported that out of…
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Facebook’s blockchain chief David Marcus has warned Washington that stopping the launch of Libra will open the door for China to steal a key advantage in the world of digital currencies. Marcus stated, per Bloomberg, “The future in five years, if we don’t have a good answer, is basically China re-wiring [much of the world]…
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A G7 task force believes that stablecoins could present a significant risk to the global financial stability, but also present an opportunity to update payment systems. A G7 task force reports that stablecoins, such as Facebook’s Libra, present significant risk to the global financial system but also have potential in the field of payments. Doubling…
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