Paxos launches a unique asset – the PAX Gold token under the PAXG ticker is based on the Ethereum blockchain, it will be tied to gold. Paxos introduced its new product in a September 5th press release. It is known that Paxos has already received permission to work with PAX Gold from NYDFS, where it was announced that this product will be the first virtual currency tied to gold in the state of New York. One PAXG token is backed by one ounce of gold from London's Good Quality Delivery Standard. Owning tokens, the token holder owns gold, however, the…
Author: BlockchainJournal
Russian officials are working on an initiative that sets the bar on Internet freedom and common sense in general. Every step of the Russians on the Internet will be recorded The authorities plan to create a system in which information about our actions on the Internet will be collected: all the content that we watched (photos, videos, texts, etc.) and also what ads were shown to us. Vedomosti learned about the plans of the officials, having received confirmation from three sources. Why is this necessary? Let’s go from the official side: according to the position of officials and regulators, the…
The Abyss gaming platform has announced a partnership with Waves , an open decentralized ecosystem for Web 3.0 applications, within which the parties will create a trading blockchain platform for digital goods and in-game items. The Abyss will be the first gaming platform to use Waves blockchain technology to create a universal trading platform for digital goods and in-game items offered by developers in their games. Users will be able to purchase any available in-game item for Abyss tokens or sell it to other users, regardless of which game it was received in. Thus, game developers will receive an additional…
Binance, the world's largest crypto platform in terms of trading volume, presents its own stablecoin, the value of which is tied to the US dollar in a 1: 1 ratio. It is known that BUSD will be based on the Ethereum project blockchain. The Paxos team will take part in the project for developing stablecoin from Binance – the company will be engaged in the issue of stablecoin and act as a custodian of phyto reserves. Note that recently Paxos introduced its own stable coin – Paxos Standard Token (PAX), the coin is also tied to the US national currency.…
Hardware wallet developer Ledger has announced the release of a new version of the Ledger Live application, which, in addition to 22 cryptocurrencies, now supports more than 1250 tokens of the ERC-20 standard. BREAKING NEWS ?? # ERC20 tokens are now supported on #LedgerLive! Manage more than 1250 assets all through one app. Discover more here: https://t.co/SZu9ECTTym pic.twitter.com/Co0ypcOTau – Ledger (@Ledger) September 5, 2019 The French company notes, […]
Paxos launched the gold-linked cryptocurrency asset based on the Ethereum Pax Gold blockchain (PAXG) and received the appropriate permission from the New York Financial Services Authority (NYDFS). The company also entered into a partnership agreement with the Binance exchange for the release of Binance USD (BUSD) – stablecoin pegged to the US dollar. In CoinDesk's comment regarding Pax Gold (PAXG) Paxos CEO Chad Cascarilla […]
Bank of the Netherlands De Nederlandsche Bank announced that each crypto company in the country will have to register with the country's financial regulator, which is necessary to continue its activities legally. The deadline is January 1, after which any company that has not fulfilled the requirement will be considered unlicensed and, therefore, not eligible to provide financial services to the population of the Netherlands. The new requirements are due to European principles to combat money laundering to prevent the theft of cryptocurrencies, as well as the illegal withdrawal of funds outside the country. The Netherlands is certainly not the…
Representatives of the Klaytn blockchain platform reported that by the end of September, the Klay token will be listed on the crypto platforms Upbit Singapore and Upbit Indonesia. Upbit is a cryptocurrency exchange managed by the fintech company Dunamu, located in South Korea. The exchange supports the trading of 150 crypto assets and has offices not only in South Korea, but also in Singapore and Indonesia, where Klay will be represented. Upbit is also a partner of the U.S. cryptocurrency exchange Bittrex. As part of the celebration of Klay listing on two platforms, the company organized an airdrop of 5…
Over the past week, the amount of computing power used to mine bitcoin (BTC) has grown by 25%. On September 3, the hash rate approached 90 exams per second (EH / s). According to Blockchain , the hash rate is now nearly 88 EH / s. At the end of last week, this figure for the first time in history exceeded 83 EH / s, now we are seeing a new record. A Twitter user under the pseudonym hodlonaut emphasizes that over the past two years, the hashrate of the BTC network has grown by more than 12 times and…
South Korean technology giant Samsung will release a new version of its Galaxy Note 10 smartphone with a built-in cryptocurrency wallet and blockchain applications. It is reported by The Wall Street Journal. The smartphone will be called KlaytnPhone – in honor of the previously launched blockchain platform from another major South Korean company, Kakao. According to media reports, the new device will not be different from the Galaxy Note 10, with the exception of […]