Stablecoins

xBacked Launches xUSD, a 110% Over-Collateralised Stablecoin for Algorand Positioned to Transform the DeFi Realm

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Time Stamp: January 17, 2023 4:29 AM - Modified On: January 17, 2023 - Published By:
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MEDIA RELEASE xBacked is a permissionless over-collateralized stablecoin protocol built on Algorand that allows anyone to use cryptocurrency without the volatility xBacked's decentralised stablecoin xUSD is available now to be minted on the platform, and aims to maintain a stable value of $1 USD backed by assets in the basket Stability pool, on-chain governance and TGE (token generation event) will be available in the coming months 17 JANUARY 2023: Launching today, xBacked is set to raise the bar with its over-collateralized stablecoin, xUSD. Built on Algorand and backed by multiple

Reasons for Regulation

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Time Stamp: January 5, 2023 3:56 AM - Modified On: January 5, 2023 - Published By:
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There are multiple reasons cited for increased regulation in crypto, the most common of which are investor protection, institutional adoption, and safety. While regulations can be seen as a good thing in general for the space they’re by no means a universal panacea. Examining what central banks want regulation to look like gives a clearer indication of who benefits most from them. In December Sir Jon Cunliffe, Deputy Governor of the Bank of England said, “We would need to regulate to ensure that we get the same level of protection,

VNX Gold token now available on LBank, expanding global interest in gold-backed digital assets

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Time Stamp: November 2, 2022 12:44 PM - Modified On: November 2, 2022 - Published By:
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[vc_row][vc_column][vc_column_text]Leading cryptocurrency exchange LBank, adds VNX Gold to its platform, becoming one of the exchanges to offer VNX’s asset-backed token tied to precious metals[/vc_column_text][vc_gallery type="flexslider_slide" interval="0" images="1782274,1782268,1782269,1782270,1782271,1782272,1782273" img_size="full" onclick=""][vc_column_text]Liechtenstein, November 2022 — VNX, Europe’s first regulated platform for investing in tokenized precious metals, announces that VNX Gold token is available on a top virtual asset exchange LBank. VNX Gold tokens represent an ownership stake of physical gold bullion certified by the London Bullion Market Association (LBMA). As the premier token of the VNX platform, VNX Gold empowers users to invest

Archblock welcomes END-Labs to TrueFi as Its Newest Portfolio Manager

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Time Stamp: October 28, 2022 3:09 AM - Modified On: October 28, 2022 - Published By:
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[vc_row][vc_column][vc_column_text] END-Labs will leverage TrueFi to scale up and fund its asset pools while onboarding more real-world borrowers [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_gallery type="nivo" interval="3" images="1780586,1780584,1780560,1780558,1780552" img_size="large" onclick=""][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] San Francisco, October, 2022 – Archblock, the core team behind leading DeFi credit protocol TrueFi, bridging traditional finance (TradFi) with the DeFi infrastructure, announces the onboarding of END-Labs as a portfolio manager on the protocol. TrueFi’s Capital Markets allows nearly any portfolio manager to launch financial products on TrueFi with global reach from day one. By using TrueFi’s infrastructure, END-Labs gains access to a vast pool

Stratis Joins ‘APPG Blockchain’ to Help Guide UK Blockchain Policy

Source Node: https://coingenius.news/stratis-joins-appg-blockchain-to-help-guide-uk-blockchain-policy-3/?utm_source=rss&utm_medium=rss&utm_campaign=stratis-joins-appg-blockchain-to-help-guide-uk-blockchain-policy-3
Time Stamp: September 20, 2021 8:15 PM - Modified On: September 20, 2021 - Published By:
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[PRESS RELEASE – London, United Kingdom, 20th September 2021] Stratis has joined the UK’s All Party Parliamentary Group on Blockchain (APPG Blockchain) to contribute its knowledge and experience of deploying blockchain for innovative use-cases. APPG Blockchain includes organisations like Capita, the IOTA Foundation, SAP and the British Standards Institute (BSI) who collaborate with an array of experts in public evidence-forums to provide tangible recommendations to policy-makers working on the UK’s approach to blockchain. As one of the UK’s most prominanent blockchain projects the Stratis team will contribute its knowledge and

HaloDAO, a Stablecoin Marketplace Protocol, and Yield Guild Games to Support Cash Outs in Southeast Asia

Source Node: https://www.crowdfundinsider.com/2021/09/180375-halodao-a-stablecoin-marketplace-protocol-and-yield-guild-games-to-support-cash-outs-in-southeast-asia/
Time Stamp: September 15, 2021 9:00 AM - Modified On: September 15, 2021 - Published By:
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HaloDAO is collaborating with YGG for “local” stablecoin support “for simpler cash out,” according to an update shared with Crowdfund Insider. HaloDAO, a stablecoin marketplace protocol, is working cooperatively with Yield Guild Games (YGG) to “enable YGG community members to support simpler cash outs in local regions with its updated v1 stablecoin optimized AMM on Ethereum and Polygon,” the announcement noted. There will be a special focus on expanding access to Singapore and the Philippines and other “high growth” regions, the update revealed. The objective of stablecoin support is to

Ethereum fees are skyrocketing — But traders have alternatives

Source Node: https://blockchainconsultants.io/ethereum-fees-are-skyrocketing-but-traders-have-alternatives/?utm_source=rss&utm_medium=rss&utm_campaign=ethereum-fees-are-skyrocketing-but-traders-have-alternatives
Time Stamp: March 6, 2021 10:37 AM - Modified On: March 6, 2021 - Published By:
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With the rapid growth of decentralized finance, upcoming scaling developments on Ethereum 2.0, and increased crypto allocation in the portfolios of institutions, the price of Ether (ETH) is rapidly ascending. In fact, we’ve already seen ETH break the $2,000 barrier for the first time, marking a brand-new all-time high. All this action may be bullish for ETH holders and DeFi investors, but for smaller DApp developers and other users on the network — such as traders using ERC-20-based stablecoins — it’s quickly pricing them out. That’s because the cost of

$2 Billion USDT Migrate from Tron to Ethereum & USDC is Added to Stellar

Source Node: https://coingenius.news/2-billion-usdt-migrate-from-tron-to-ethereum-usdc-is-added-to-stellar/
Time Stamp: February 4, 2021 6:15 AM - Modified On: February 4, 2021 - Published By:
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Germany has a very diverse, active blockchain ecosystem of companies and enthusiasts, especially in the city of Berlin. And an important step in the development of this ecosystem has been taken by the federal government itself, which tries to preserve and promote the vibrant blockchain ecosystem to continue its growth and make Germany an attractive opportunity for investment in this field. Comprehensive, sound regulation To further this goal, the German government adopted a national blockchain strategy back in September 2019 to support its commitment to the use of the technology.

Chainlink Introduces VRF Tool to Help Smart Contracts Achieve On-Chain Randomness

Source Node: https://blockonomi.com/chainlink-vrf-tool/
Time Stamp: May 13, 2020 5:49 AM - Modified On: May 13, 2020 - Published By:
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Chainlink is best known for its pioneering work around decentralized oracles, but the project’s experts have also gone expansive with work on Mixicles, meta oracles, and beyond. The Link Marines are buzzing anew, then, as Chainlink has rolled out yet another major contribution to the smart contracts ecosystem this week, the Chainlink VRF. The “VRF” in that stands for verifiable random function, a cryptographic primitive that can generate random numbers in verifiable and unbiasable fashion. Why’s this important? There are no shortage of use cases in which blockchain projects could