Stablecoins

COTI to Issue New Stablecoin on Cardano Network

Source Node: https://beincrypto.com/coti-stablecoin-cardano-network/
Time Stamp: September 27, 2021 4:40 AM - Modified On: September 27, 2021 - Published By:
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COTI introduced a new algorithmic stablecoin called Djed for Cardano this weekend in an effort to expand decentralized finance (DeFi) on the network.Sponsored Sponsored The Djed stablecoin was announced at a Cardano Summit in Wyoming on Sept 26 by IOHK founder Charles Hoskinson. The enterprise-grade fintech platform COTI will be the official issuer of Djed which will use the new Cardano smart contracts to ensure price stability, the announcement added.Sponsored Sponsored Djed will be entering an already crowded stablecoin market that is dominated by Tether and USD Coin, however, its

Cardano ($ADA) Announces New Stablecoin Issuer, Hoskinson Calls it Game-Changer

Source Node: https://coingape.com/cardano-ada-announces-new-stablecoin-issuer-hoskinson-calls-it-game-changer/
Time Stamp: September 27, 2021 2:15 AM - Modified On: September 27, 2021 - Published By:
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Cardano ($ADA) blockchain is fast moving towards building its own decentralized ecosystem after the successful integration of smart contracts via Alonzo hardfork. During the ongoing Cardano Summit 2021, founder Charles Hoskinson announced COTI would be the official stablecoin issuer on the Cardano blockchain that would issue Djed stablecoins. At the #CardanoSummit2021 stage in Laramie, Wyoming @IOHK_Charles & @shahafbg announced that @COTInetwork would be the official issuer of #Djed, a new stablecoin for #Cardano https://t.co/ifm9S6WAz6 — Input Output (@InputOutputHK) September 26, 2021 advertisement Hoskinson believes the new kind of Djed stablecoins

Italian Payments Giant Nexi Involved in Digital Euro Project

Source Node: https://news.bitcoin.com/italian-payments-giant-nexi-involved-in-digital-euro-project/
Time Stamp: September 24, 2021 2:00 AM - Modified On: September 24, 2021 - Published By:
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Nexi, a leading European payments company, is reportedly giving advice to the European Central Bank (ECB) related to the digital euro project. The announcement was made by Nexi’s CEO Paolo Bertoluzzo, who also gave his opinion about the future of central bank digital currencies (CBDC) and cryptocurrencies during the Money 20/20 fintech conference in Amsterdam. Nexi Advising ECB on Digital Euro Issues Nexi, one of the biggest payments companies in Europe, is working in tandem with the European Central Bank toward the creation of a digital euro, according to statements

TrustToken acquires EthWorks, Doubling Team Size for TrueFi Scale-Up

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Time Stamp: September 22, 2021 9:18 AM - Modified On: September 22, 2021 - Published By:
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After recently raising +$12.5 million, the world’s leading collateral-free lending platform is joining forces with a globally recognized team of Web3 engineers and designers. San Francisco, California, September 2021—TrustToken, the team responsible for launching TrueFi, the leading unsecured lending protocol, and maker of popular stablecoins including TrueUSD, announces the acquisition of EthWorks, a leading Web3 development company with a deep portfolio of successful blockchain projects. The acquisition doubles TrustToken’s team size, quadruples the company’s technical talent, and brings in senior technical and design leadership to take TrustToken’s mission to the next level.

Coinbase Files For Futures and Derivatives Trading

Source Node: https://beincrypto.com/coinbase-files-futures-derivatives-trading/
Time Stamp: September 16, 2021 2:44 AM - Modified On: September 16, 2021 - Published By:
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North America’s largest crypto exchange Coinbase has taken the first steps in making an application to allow futures and derivatives products on the platform.Sponsored Sponsored On Sept 16, Coinbase stated that it had filed an application with the National Futures Association (NFA) to register as a Futures Commission Merchant (FCM). The exchange added that “this is the next step to broaden our offerings and offer futures and derivatives trading on our platforms,” in order to further expand the crypto economy.Sponsored Sponsored The NFA’s official website now lists Coinbase Global Inc.

Pledge: NFT-based fixed lending protocol announces successful Fundraise

Source Node: https://ambcrypto.com/pledge-nft-based-fixed-lending-protocol-announces-successful-fundraise/
Time Stamp: September 14, 2021 4:15 AM - Modified On: September 14, 2021 - Published By:
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Pledge Finance, an algorithm-driven, multi-chain decentralized finance (DeFi) ecosystem, is announcing the launch of an NFT-powered structured collateralized lending platform targeted at the traditional financial sector. The Binance Smart Chain (BSC) based platform will be fully interoperable with other public chains, meaning other DeFi platforms will be able to interact with Pledge’s numerous product and service offerings.  Pledge Bridges the Gap Between DeFi and Finance Pledge Finance will include liquidity pools which will act as money markets so that users can exchange cryptocurrencies without the need for a centralized exchange.

Top-10 Aspiring Altcoins to Watch in September

Source Node: https://beincrypto.com/top-10-aspiring-altcoins-watch-september/
Time Stamp: September 2, 2021 6:12 AM - Modified On: September 2, 2021 - Published By:
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This article will take a look at ten cryptocurrencies that have interesting developments lined up for the month of September, which could also have a positive effect on their price.Sponsored Sponsored Cardano (ADA) Current Price: $3.03Market Cap: $91 BillionMarket Cap Rank: #3 Cardano was founded in 2017 by Charles Hoskinson, who is also a co-founder of Ethereum (ETH). It is a proof-of-stake platform, whose native token is ADA. It is one of the biggest blockchain platforms to utilize the proof-of-stake instead of the proof-of-work consensus. The Alonzo testnet was launched

Tech Titan Jack Dorsey Says He’s Building a Decentralized Exchange for Bitcoin

Source Node: https://dailyhodl.com/2021/08/28/tech-titan-jack-dorsey-says-hes-building-a-decentralized-exchange-for-bitcoin/
Time Stamp: August 28, 2021 4:00 PM - Modified On: August 28, 2021 - Published By:
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Square and Twitter CEO Jack Dorsey is building a decentralized exchange for Bitcoin (BTC). The tech mogul broke the news to his 5.6 million Twitter followers on Friday after first announcing last month that Square was developing a new business, called TBD, focused on creating decentralized finance (DeFi) services for Bitcoin (BTC). ADVERTISEMENT   We’ve determined @TDB54566975’s direction: help us build an open platform to create a decentralized exchange for #Bitcoin https://t.co/jHYWHy1qmu — jack⚡️ (@jack) August 27, 2021 Mike Brock, general manager of TBD, says he believes Bitcoin will be

Jack Dorsey says plan for ‘TBD’ bitcoin project is to build a decentralized exchange

Source Node: https://www.theblockcrypto.com/linked/115868/jack-dorsey-bitcoin-decentralized-exchange?utm_source=rss&utm_medium=rss
Time Stamp: August 27, 2021 2:40 PM - Modified On: August 27, 2021 - Published By:
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advertisement Last month, Square CEO Jack Dorsey disclosed plans for a project called TBD that, at the time, would focus on the development of a platform for open-source financial services dedicated to bitcoin. That project has a clearer roadmap, according to Dorsey as well as Mike Brock, the CashApp exec put in charge of the initiative: a decentralized exchange. A decentralized exchange is a system for trading wherein no central party has custody or control of funds that pass through it.  We’ve determined @TDB54566975’s direction: help us build an open

Indian Central Bank Could Launch CBDC Trials by December

Source Node: https://beincrypto.com/indian-central-bank-could-launch-cbdc-trials-by-december/
Time Stamp: August 27, 2021 2:20 PM - Modified On: August 27, 2021 - Published By:
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The Reserve Bank of India (RBI) could launch its first digital currency trials by December, according to central bank governor Shaktikanta Das.Sponsored Sponsored The RBI is currently studying different aspects of digital currencies, including their security, potential impact on India’s financial sector. The central bank must also consider how a digital rupee would affect monetary policy and currency in circulation. “We are being extremely careful about it because it’s completely a new product, not just for RBI, but globally,” Das explained.Sponsored Sponsored According to Das, the central bank is also

Former IMF exec: ‘I am not going to say Bitcoin is going to implode tomorrow’

Source Node: https://ambcrypto.com/former-imf-exec-i-am-not-going-to-say-bitcoin-is-going-to-implode-tomorrow/
Time Stamp: August 27, 2021 1:30 PM - Modified On: August 27, 2021 - Published By:
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The Indian central bank has always been particularly wary of the cryptocurrency industry. According to former Reserve Bank of India Governor Raghuram Rajan, however, cryptos definitely have a “potential future.” Speaking at the Reuters Global Markets Forum, the economist opined that while cryptocurrencies have highly fluctuating values, they might be useful as means of payment in the coming time. As expected, the former bank exec lent more support to the idea of well-regulated stablecoins, with Rajan adding that these assets should have quick, appropriate regulations. It’s worth noting, however, that

Luxury Hotel in Swiss Alps Accepting Crypto Payments

Source Node: https://beincrypto.com/luxury-hotel-in-swiss-alps-accepting-crypto-payments/
Time Stamp: August 27, 2021 10:35 AM - Modified On: August 27, 2021 - Published By:
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The Chedi Andermatt, a luxury hotel in the Swiss Alps, announced that guests can now use cryptocurrency to pay for their stay. Sponsored Sponsored Initially, the hotel will accept both Bitcoin and Ethereum, but will consider taking other cryptocurrencies in the future. Swiss crypto service provider Bitcoin Suisse, as well as payment-service provider Worldline, will facilitate the crypto payments for the hotel. Payments in cryptocurrency are immediately converted into Swiss francs upon confirmation, the hotel said. The resort initially considered taking cryptocurrencies as a payment option about four years ago. However,