Gold has been rallying of late, topping $1,400 per ounce for the first time in six years, after recording its seventh straight week of positive gains. Gold Bugs are once again pounding their chests with pride and continuing to cast derisive insults at Bitcoin and other crypto assets, as if there were some reverse correlation…
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Deutsche Bank is on its way to the most significant restructuring in decades. The German bank announced on Sunday that it will exit the global equities sales and trading unit, cut down the investment banking arm and slash 18,000 jobs in order to try to improve profitability. According to CNBC, Deutsche plans to cut 18,000…
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Binance recently listed Dogecoin, Elon Musk’s favorite altcoin. Back in 2018, Leaprate reported the story of Dogecoin – an alt coin created as a joke, it reached a market cap of $2 billion in the beginning of 2018. Dogecoin was created as a joke to mimic the 2013 meme of a dog that went viral…
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Taringa! is a Latin American social networking company that has 27 million users. This social networking giant is launching a stablecoin rewards system with the help of two strong partners: the e-wallet provider Airtm and MakerDAO. The information comes from an official press release from the company’s website. The company revealed its new product in…
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The economy in Venezuela is going down. The country is experiencing high inflation and constant shortage of food and water, mainly because of US sanctions. In the summer of 2018, Leaprate reported that President Nicolas Maduro has placed all "his eggs in one basket" - by using the petro, a state-backed digital coin, to save…
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Facebook's ambitious cryptocurrency project called Libra is getting a lot of attention, especially from regulatory point of view. Leaprate recently reported that there are a lot of regulatory bodies now looking at Libra and wondering how this upcoming "global" currency will affect the entire world. One of this not so enamored with the project regulatory bodies…
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Many would agree that some cryptocurrency and blockchain startups have ambitious goals. However, one Canadian startup is defying the odds by aiming to convert regular ATMs into cryptocurrency ones. The exact verb here should not be "convert", but rather "upgrade". The startup is called Coinsquare and has acquired a special software that allows regular ATMs…
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While many wonder when the Bitcoin ETF will become a reality, the Swiss fintech company Amun AG does not waste any time in disrupting the crypto exchange traded products (ETP). The company listed the world’s very first Bitcoin Cash ETP with ticker sign ABCH on the SIX Swiss Exchange on July 5th, 2019. Roger Ver…
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Bitcoin has been used for almost all kinds of online and offline transactions: from buying coffee and pizza to cars. Now, this brewery allows people to invest in the business through bitcoin. BrewDog is a Scotland-based brewery that recently announced that it will extend its crowdfunding round in something called “Equity for Punks”. The round…
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Fujitsu Laboratories creates artificial intelligence and innovative computing solutions for their clients. The company has recently announced that it will develop a digital identity exchange based on the technology of blockchain that will prove reputation and the validating of users. The idea is to enable stakeholders in different online transactions to verify the other party’s…
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