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Decentralized • November 14-16, 2018

After the huge success of Decentralized 2017, the University of Nicosia is proud to announce that Decentralized 2018 will take…

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Tag: stablecoins

Crypto-Hedge Funds Are Looking for Triple-Digit Returns With Stablecoins

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

Crypto-Hedge Funds Are Looking for Triple-Digit Returns With Stablecoins

According to Bloomberg’s on November 13, 2018, stablecoins have become the next hot sector to emerge from the cryptocurrency industry, mirroring triple-digit returns from 2017’s initial coin offering (ICO) frenzy. Although the cryptocurrency industry has experienced a 70 percent decline in value from its all-time highs in December, many hedge funds are still betting big on cryptocurrencies as they believe that…

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CoinJar Cryptocurrency Exchange Founder Says Stablecoin Will Transform the Crypto World

Category: Adoption, Altcoins, Business, Exchange, Finance, News

CoinJar Cryptocurrency Exchange Founder Says Stablecoin Will Transform the Crypto World

At a time when stablecoins have become the rave of the moment in the cryptoverse, with several startups from Circle Internet Financial, Gemini, and others launching own dollar-backed altcoins, Asher Tan, the co-founder of CoinJar, a digital assets platform, has predicted a bright future for the price-steady alternatives according to a Financial Review report on November 12, 2018. Stablecoins to…

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Stablecoin Gemini USD Gets Listed on Biggest Fiat-Crypto Platform Liquid

Category: Altcoins, Ethereum, Exchange, Finance, News, Regulation

Stablecoin Gemini USD Gets Listed on Biggest Fiat-Crypto Platform Liquid

In a joint effort to bring liquidity and stability to the comprehensive crypto space, global digital asset platform Liquid in partnership with U.S. digital asset exchange Gemini Trust Company, LLC have listed the U.S. dollar-pegged Gemini USD (GUSD). Bringing Stability and Liquidy to Crypto Space This was a natural partnership for Liquid who already support multiple fiat currencies in combination…

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BitGo Launches Ethereum-based “Wrapped Bitcoin” for Providing Liquidity to dApps and DEXs

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

BitGo Launches Ethereum-based “Wrapped Bitcoin” for Providing Liquidity to dApps and DEXs

On October 26, 2018, crypto-finance company BitGo announced the launch of Wrapped Bitcoin (WBTC), an ERC20-compliant token built on the Ethereum blockchain and collateralized on a one-to-one basis with bitcoin. “Power of Bitcoin” Described as the “Power of Bitcoin and the Flexibility of ERC20,” the token’s website notes a majority of bitcoin trading takes place on centralized exchanges, which causes…

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London Block Exchange to Launch British Pound-Backed Stablecoin

Category: Altcoins, Business, Finance, News

London Block Exchange to Launch British Pound-Backed Stablecoin

London Block Exchange to Launch Cryptocurrency Pegged to British Pound The London Block Exchange (LBX) recently announced plans to launch the LBXPeg, a new stablecoin backed by the British Pound. According to an article published by Business Insider on September 29, 2018, LBX gained permission from their banking partner to move forward with the crypto pound, which will be backed…

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Bit Trade Partners with Emparta to Launch Australia’s First Dollar-backed Stablecoin

Category: Altcoins, Business, Finance, Investment, News, Tech

Bit Trade Partners with Emparta to Launch Australia’s First Dollar-backed Stablecoin

Bit Trade, an Australian cryptocurrency exchange has recently partnered with Emparta, a blockchain employment platform to build and launch a cryptocurrency backed by the Australia dollar. According to Bit Trade’s blog post, published on September 21, 2018, the Australian stablecoin is scheduled to launch in 2019. Stablecoin the Backbone of Blockchain Finance Unlike popular cryptocurrencies like Bitcoin or Ether, stable coins…

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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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Winklevoss Twins Announce U.S. Dollar-Backed Token Gemini Dollar

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

Winklevoss Twins Announce U.S. Dollar-Backed Token Gemini Dollar

On September 10, 2018, Winklevoss twins’ cryptocurrency exchange Gemini announced the launch of a new stablecoin, pegged by the U.S. dollar, dubbed the Gemini Dollar. “Strictly Pegged” to US Dollars The Gemini Dollar (GUSD) is an infant stablecoin that is claimed to be strictly pegged 1:1 against the U.S. dollar and is an ERC-20 token. Cameron Winklevoss wrote in a…

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Stable Coins 101: The What and The Why of Cryptocurrency’s Most Price-Steady Offering

Category: Altcoins, Bitcoin, Business, Exchange, News

Stable Coins 101: The What and The Why of Cryptocurrency’s Most Price-Steady Offering

The term ‘stable coin’ refers to a cryptocurrency that has its value pegged to an asset that is unchanging in value. In the past, such digital tokens have mostly been associated with the US dollar, landing them at a valuation of $1. The main feature of stable coins is that their price remains stationary for the most part. Introduction to…

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Tether Rumored to Face Double-Spend Attack, Research Firm Clears Allegations

Category: Altcoins, News, Tech

Tether Rumored to Face Double-Spend Attack, Research Firm Clears Allegations

Controversial stablecoin Tether faced allegations of a double spend attack on May 30, 2018, after a Chinese cybersecurity firm revealed findings of a code audit. However, additional reports suggest the contrary. Tether’s Neverending Controversy SlowMist, the blockchain security firm which made the original claim, confirmed in a tweet on June 28, 2018, the code vulnerability was due to exchange integration…

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