Magic Internet Money’ May Be Too Volatile to Attain Gold Status
Back in early 2013, the website BitcoinTalk.org asked users to select a slogan for the embryonic cryptocurrency. The winner was “Magic Internet Money,” with runners-up “In Crypto We Trust” and “You Asked for Change, We Gave You Coins.” But it’s the tagline that
Japanese Merchant Bank Signs Deal to Tokenize Estonian Properties
MBK, a Tokyo-based and Tokyo Stock Exchange-listed merchant bank, has signed a deal for the tokenization of property in Estonia. The Japanese financial company said in an announcement on Monday it will be working with BitOfProperty (BOP), a Singapore-incorporated, Tallinn-operating enterprise that’s already selling fractional
Binance.US Cryptocurrency Exchange to List NEO and ATOM
The United States-focused wing of leading cryptocurrency exchange Binance will add support for Neo (NEO) and Cosmos (ATOM). Binance.US announced on Oct. 30 that it will add full trading support for the two tokens on Oct. 31, both of which are among the
Bitcoin Faces Resistance at $10,000 as Mammoth Rally Loses Steam
As Bitcoin’s monster rally over the past few days loses steam, technical indicators show it could face further resistance at the $10,000 level. The largest digital currency gained nearly $2,500 at its peak this week following positive comments regarding blockchain technology
China Announces New Regulatory Authority to Certify Digital Payments, Blockchain Products
China’s central bank, the People’s Bank of China, will certify 11 types of financial technology hardware and software that are widely used for digital payment and blockchain services with its new verification system called the Certification of Fintech Products. The central
Calibra Head David Marcus Touts Libra’s Money Laundering Standards
Calibra CEO David Marcus recently claimed that the Anti-Money Laundering (AML) standards of Libra — Facebook’s proposed stablecoin project — will be better than other payments networks. Citing statements from Marcus’ speech at the Money 20/20 conference in Las Vegas, finance
App to Literally Buy a Cup of Coffee With Bitcoin Set for 2020
The push to integrate cryptocurrencies into global commerce looks a step closer to reality. Intercontinental Exchange Inc. said Monday that it will begin testing its consumer app for digital assets with its partner Starbucks Inc. in the first half of 2020.
Inter-American Development Bank to Pilot Land Registries on Blockchain
After years of talking about it, the Inter-American Development Bank is for the first time testing out a blockchain for land registries.Next month, the global organization will embark on a two-year project to put land registration and lending in three Latin
Binance Lists Blockstack for $250,000 ‘Long-Term Payment’
A United States Securities and Exchange Commission (SEC) filing reveals that major cryptocurrency exchange Binance received a $250,000 “long-term payment” to keep Blockstack (STX) listed for one year. Blockstack’s SEC filing reveals that Binance received 833,333 STX, which at the $0.30 token valuation
Largest American Food Coop to Pilot Mastercard’s Blockchain Tech
Topco Associates, the largest American retail food group purchasing organization, will pilot Mastercard’s blockchain tech in its operations. According to a press release on Oct. 27, Topco will test a traceability platform developed by logistics firm Envisible. The Wholechain platform is based on