#adoption

TrustToken man presenting THKD Stablecoin audience

TrustToken Inc. Launches Hong Kong Dollar-Pegged Stablecoin TrueHKD

June 25, 2019 by Aisshwarya Tiwari at News, Stablecoins

TrustToken Inc., the company behind the TrueUSD (TUSD) stablecoin has launched a new digital token pegged one-to-one with the Hong Kong dollar, reports Crowdfund Insider, June 24, 2019. TrustToken Enters the Asian Waters In a bid to tap into the lucrative Asian digital currencies space, TrustToken has launched the world’s...

Bitcoin at the top of a mountain holding a red flag

Bull Run 2.0: This Time It’s Different

June 25, 2019 by Ashwath Balakrishnan at Bitcoin, News

Current price action is eerily similar to that of 2017, leading most people to believe that a similar boom and bust cycle is underway. In a news digest, Micky has highlighted key factors that set the coming market cycle apart from the last one, June 25, 2019. Dynamic of Fundamentals The...

Malta Island Blockchain Beach Blue White

Maltese Government to Store Rent Contracts Info with DLT

June 24, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

In a bid to ensure security and curb the activities of rogue actors, the Prime Minister of Mala, Joseph Muscat has announced that all rental contracts for property drafted in the country must be stored on a blockchain, according to a report by local news source MaltaToday on June 23,...

Russia: No Special Treatment for Facebook’s Libra ‘Crypto’

June 21, 2019 by Anthonia Isichei at News, Regulation

A Russian lawmaker has recently stated that Facebook’s expected cryptocurrency, Libra, would not be given preferential treatment in Russia. Per a report by Tass on June 18, 2019, the country wasn’t planning to adopt a crypto-friendly legislature. Going by Russia’s rough relationship with the social media giant, the recent opposition to the company’s project...

Ripple’s CEO Believes Facebook’s Libra is a Net Positive for Crypto

June 21, 2019 by Ashwath Balakrishnan at Altcoins, News

Brad Garlinghouse, the CEO of Ripple Inc, is bullish on cryptocurrency adoption stemming from the potential to attract billions through Facebook's latest cryptocurrency launch. In an exclusive interview with Fortune, Garlinghouse declared that more banks have come forward to enquire about using xCurrent and he believes the increased interest is a...

Hand Shake Between Green Block nd Blue Block People

Phillippines Department of Trade and Industry Ink MOU with American Blockchain Firm

June 21, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

The Philippines’ Department of Trade and Industry (DTI), has signed a memorandum of understanding (MOU) with Monsoon Blockchain Storage Inc., a U.S.-based firm that specializes in cloud data storage optimization. The two are aiming at enhancing capacity building and institutional development on the effective use of the distributed ledger technology...

Be Smart: Why You Should Never Forget to Bring In the Auditors

PwC Updates Halo Suite to Audit Cryptocurrency Transactions

June 20, 2019 by Anthonia Isichei at Altcoins

The Big Four consulting firm PricewaterhouseCoopers (PwC), revealed via a press release published June 19, 2019, the addition of a tool to its Halo Suite that would be used to audit cryptocurrency transactions. Per the report, the new software tools presently support eight virtual tokens, including bitcoin, bitcoin cash, litecoin, and...

Facebook Project Libra on a Board with details about what it does

Congress Representative Wants Facebook to Put a Hold on Cryptocurrency Plans

June 20, 2019 by Ashwath Balakrishnan at Regulation

American Democratic Representative Maxine Water wants Facebook to temporarily put off all implementation plans for its cryptocurrency until Congress investigates it for potential risks, as reported by The Verge, June 18, 2019. Troubles Begin for Libra Less than a day after the project was formally announced, and the whitepaper released, Facebook's...

Project Libra: A Summary of What’s to Come

June 19, 2019 by Ashwath Balakrishnan at Altcoins, News

The biggest headline in crypto this month has been the launch of Project Libra by Facebook, which was announced along with a published whitepaper. Binance Research studied the whitepaper and drew their conclusions as to what Facebook is trying to achieve with their cryptocurrency, June 18, 2019. The Biggest Mainstream...

Breez Releases iOS App to Further Lightning Adoption

June 18, 2019 by Ashwath Balakrishnan at Bitcoin, News

Breez, a non-custodial wallet solution for the Lightning network, has launched its app for iOS with the intention of offering their full stack of services to the masses. The company believes the Bitcoin network will draw the most mainstream adoption, and the Lightning Network is the best way to use...

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