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Real Estate Blockchain Expo • September 19-21, 2018

 Co-hosted by Korea’s no. 1 Economic Media, the Korea Economic Daily and Real Estate Experts, FIABCI Korea Chapter, we are…

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Tag: Stablecoin

Hong-Kong Based Blockchain Firm Set to Raise $12.7 Million to Finance Yen-backed Stablecoin

Category: Altcoins, Blockchain, Business, Finance, News, Regulation

Hong-Kong Based Blockchain Firm Set to Raise $12.7 Million to Finance Yen-backed Stablecoin

Grandshores Technology Group, a Hong-Kong based real estate firm turned blockchain investor, is set to raise HKD 100 million ($12.7 million) to finance a Japanese Yen backed cryptocurrency project The South China Morning Post reported on September 18, 2018. From Real Estate to Blockchain Investment Formerly known as SHIS Ltd., Grandshores Technology entered into the blockchain foray as a result…

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The Big Discussion: Are Stablecoins Quintessentially “Shitcoins”

Category: Altcoins, Business, Finance, News, Tech

The Big Discussion: Are Stablecoins Quintessentially “Shitcoins”

Stablecoins have been praised as the solution to crypto’s volatility problem with the potential to revolutionize crypto trading and expand crypto adoption by making cryptos more attractive to merchants due to reduced price risk. The Winklevoss Twins recently launched the Gemini Dollar, touting it as the world’s first fully regulated stablecoin that will change the crypto market. A deep dive…

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Binance, Huobi, OKEx, and Dunamu Come Together for $32 Million Stablecoin Project

Category: Altcoins, Blockchain, Business, Development, Finance, Investment, News

Binance, Huobi, OKEx, and Dunamu Come Together for $32 Million Stablecoin Project

Binance, Huobi, OKEx and Dunamu (the company behind Korean crypto exchange Upbit) have announced plans to partner on a  $32 million stablecoin project called ‘Terra.’ According to an August 28, 2018 report in Fortune, the purpose of Terra is to get skeptical consumers into the crypto space by offering them a digital asset that does not suffer from the legendary…

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Wyre Ties up with MakerDAO to Offer Dai-Based Fiat-Crypto Trading Pairs

Category: Altcoins, Bitcoin, Blockchain, Business, Ethereum, Exchange, Finance, News

Wyre Ties up with MakerDAO to Offer Dai-Based Fiat-Crypto Trading Pairs

Wyre, the blockchain-based payment transfer company from San Francisco, has entered a new agreement with the developer of Dai to add the barely one-year-old stablecoin into its portfolio on August 14, 2018. Dependence on Speculative Cryptocurrencies Per the deal with MakerDAO, the firm that developed Dai, Wyre will roll out new Dai-based fiat-crypto trading pairs in more than 30 countries…

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MakerDAO and bZx Announce Partnership to Enable Decentralized Cryptocurrency Trading

Category: Altcoins, Bitcoin, Business, News

MakerDAO and bZx Announce Partnership to Enable Decentralized Cryptocurrency Trading

bZx and MakerDAO are announcing a partnership where they plan to bring their protocols together, to enable decentralized trading using smart contracts running on the Ethereum blockchain. While bZx is a decentralized margin lending protocol and liquidation oracle marketplace on the Ethereum blockchain, MakerDAO is the firm that developed the Dai stablecoin. MakerDAO was the first company introducing the concept…

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IBM Partners with Stronghold to Create Stablecoin for Cryptocurrency Ecosystem

Category: Altcoins, Blockchain, Business, Development, Finance, Investment, News

IBM Partners with Stronghold to Create Stablecoin for Cryptocurrency Ecosystem

On July 17, 2018, global payment and trading platform Stronghold announced the launch of their stablecoin “Stronghold USD.” The cryptocurrency will be built on Stellar Lumens’ (XLM) blockchain and will offer a one-to-one ratio with the U.S. dollar. The San Francisco based firm also disclosed a strategic partnership with IBM to explore novel business applications using the stablecoin. Cure Crypto…

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Technology Company to Launch Stablecoin Backed by Taiwanese Dollar

Category: Altcoins, Blockchain, Development, Finance, News

Technology Company to Launch Stablecoin Backed by Taiwanese Dollar

Taiwan-based technology company Green World Fintech Service announced that it is set to launch Taiwanese Dollar-backed stablecoin dubbed Taiwan Digital Token (TWDT). The stablecoin will be based on the Ethereum blockchain network. Taiwanese Dollar Pegged Cryptocurrency TWDT will be pegged with the Taiwanese dollar on a one-to-one basis. It can be purchased at retail counters or online Green World, as…

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GoDaddy Executives Raise Venture Capital Investment for “Stablecoin” Cryptocurrency

Category: Altcoins, Bitcoin, Blockchain, Business, Finance, News, Tech

GoDaddy Executives Raise Venture Capital Investment for “Stablecoin” Cryptocurrency

Ex-executives of GoDaddy, the Internet domain and hosting giant, raised $6.5 million in June 2018 to develop a stablecoin. Stablecoin Project According to a report by Fortune on June 22, 2018, Rene Reinsberg and Marek Olszewski, previously vice presidents at GoDaddy’s restaurant and small business division, are looking to emulate their success with startups – the entrepreneurs were founders of…

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Tether’s Transparency Update Report Raises More Questions Than it Provides

Category: Altcoins, Bitcoin, Blockchain, Business, Finance, News, Tech

Tether’s Transparency Update Report Raises More Questions Than it Provides

In an exciting turn of events, the people at Tether seem to have finally done what they have not been able to do since dissolving their relationship with their auditor six months ago – produce an independent report on their currency reserves. While still not an actual audit, the report was supposed to silence the critics, but this is not…

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USDT Killer? Circle Announces USDC and Raises $110 Million in Series E Funding

Category: Altcoins, Business, Finance, News

USDT Killer? Circle Announces USDC and Raises $110 Million in Series E Funding

Bitmain has led a $110 million investment in Circle Internet Financial, in a funding round that values the company at $3 billion. Circle has also announced plans to launch USDC, a stable coin pegged to USD. Circle Bitmain Partnership The investment is the largest ever raised by a cryptocurrency or blockchain company, eclipsing $107 million raised by banking consortium R3….

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