Category: Digital Currency

StoneX Group announces stock ticker symbol change to SNEX
December 06, 2018 BY Valentina Kirilova

Fragments rebrands to Ampleforth, introduces a noncollateralized stablecoin Amples

The decentralized store of value protocol Fragments just announced that it is rebranding to Ampleforth. Along with the rebranding news, the company also introduced its new non-collateralized stablecoin called Amples.  Ampleforth now uses an Ampleforth protocol, which moves volatility from unit price to unit count and achieves price stability by algorithmically expanding and contracting supply among holders based on demand. …

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Banco Original chooses FICO to launch 100% digital platform
November 21, 2018 BY Valentina Kirilova

Banco Original chooses FICO to launch 100% digital platform

Banco Original, the first Brazilian bank to offer a 100% digital checking account, has informed the public that it has chosen FICO as its strategic partner to launch its digital platform. The financial institution, based in São Paulo, aims to create a safe and simplified origination process to reduce bureaucracy while keeping up safety. To…

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November 18, 2018 BY Mariela Naydenova

The world's first cryptocurrency ETF is now a reality

Many have been wondering what will happen to the much-desired Bitcoin ETF, given the strong interest from investors and the strong resistance from the SEC. And while the financial regulator has opened a special office to deal with fintech and cryptocurrency-related proposals for ETFs and new products, the first crypto ETF will go live next…

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November 15, 2018 BY Mariela Naydenova

The hash war has begun

After months of debating and anticipation, the hard fork of Bitcoin Cash is officially here. The code for the fork has been activated. As the NextWeb reports: "The Bitcoin Cash blockchain is now split in three separate networks, each with its own set of rules and governing principles: one developed by Bitcoin-ABC, one developed by…

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November 15, 2018 BY Mariela Naydenova

The crypto market's value fell by 15% in an hour

Bitcoin has just crashed by over $800 and skimmed 15% of the cryptocurrency market value in just over an hour. Bitcoin was trading above $6,000, but suddenly fell to $5,530. The initial decrease happened in about half an hour, which really shocked the market and Bitcoin investors. Other major alt coins, such as Ethereum and…

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November 14, 2018 BY Mariela Naydenova

This is the new digital gold, and it’s not Bitcoin

Bitcoin is often taunted as the new “gold”, the modern version of the most precious commodity on Earth. Whereas Bitcoin has been debated if it holds more transactional or holding value, there is a new digital product that resembles gold more closely. Sprott Inc, a precious metals investor and APMEX, an online bullion coin dealer have teamed…

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November 14, 2018 BY Mariela Naydenova

This alt coin’s value has increased by 80,000% in just 14 days

Etheera (ETA) is a Swiss-based decentralized global real estate platform, based on the Ethereum blockchain, which provides properties for purchasing, renting and bed & breakfast offers, as described on their website. The token has sparked interest across the cryptocurrency community, as the token has increased its value by more than 80,000% over the last two…

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November 14, 2018 BY Mariela Naydenova

The IMF is bullish on the use of cryptocurrencies

The managing director of the International Monetary Fund (IMF), Christine Lagarde, stated at the Singapore Fintech Festival today that the use of cryptocurrencies can help governments around the world establish the much sought-after financial inclusivity, consumer protection and better security, all relieving the growing concerns over privacy issues. Ms. Lagarde pointed out that financial institutions…

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stocks prediction 2020
November 08, 2018 BY Mariela Naydenova

The largest cryptocurrency give-away ever

$125 million worth of Stellar lumens will be given away as the largest give-away ever done so far. Stellar is partnering with Blockchain, the world's top digital wallet for Bitcoin, to surprise each Blockchain wallet holders with $25 worth of Stellar Lumens. Blockchain actually does not support a lot of companies, yet Stellar is one…

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Good news for Bitcoin investors: Israel might cut tax on profit by half
November 07, 2018 BY Mariela Naydenova

Where does Israel stand with its stablecoin plans?

In November 2017, the Bank of Israel put up a working group to identify the needs and possible launch of a government-backed digital coin, or a stablecoin. The group examined certain advantages and disadvantages of Israel issuing a stablecoin and concluded that the country should wait until more governments around the world introduce their own…

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