Nixon ended gold standard 53 years ago today — WTF happened in 1971?
In his 1971 speech ending the gold standard, Richard Nixon promised to stabilize the dollar, but instead, nearly everything has gone up in price.
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Acting OCC comptroller calls for standards on stablecoins
According to Michael Hsu, representatives from the crypto industry as well as within the U.S. government could work toward setting standards on stablecoins. 161 Total views 2 Total shares Michael Hsu, the acting head at the United States Office of the Comptroller of the Currency, said stablecoins need standards comparable to the early internet.In a…
Game distributor G2A opens gaming-focused NFT marketplace
G2A Capital Group CEO Bartosz Skwarczek said that the marketplace will help gamers find information on Web3 games and buy and sell assets associated with the games. 148 Total views 1 Total shares Digital game vendor G2A has recently launched a marketplace for nonfungible tokens (NFTs) linked to Web3 games to expand its offerings by
Top 5 cryptocurrencies to watch this week: BTC, XRP, LINK, BCH, FIL
Bitcoin (BTC) and most major altcoins have been relatively quiet during the holiday period from Good Friday onward. This suggests that cryptocurrency traders are not initiating large bets during the period when the U.S. equities markets are closed. That could be because of the tight correlation between Bitcoin and the S&P 500 and the uncertainty…
Senate Passes New $484 Billion Pandemic Aid Package
The Senate has passed a new $485 billion pandemic aid bill to help small businesses and hospitals. 537 Total views 31 Total shares A month after the massive $2 trillion stimulus bill passed and the U.S. Senate has approved a supplemental $484 billion aid package to help small businesses and hospitals get through the tough…
OKEx Continues Their Ongoing OKB Token Buyback
Cryptocurrency exchange OKEx announced the eighth round of buyback for its platform’s proprietary OKB token. 1284 Total views 44 Total shares Cryptocurrency exchange OKEx announced the eighth round of buyback for its platform’s proprietary OKB token.In a June 5 announcement, OKEx announced the start of the eighth and largest buyback of OKB tokens. From March…
Samsung SDS Includes Blockchain Within Digital Transformation Framework
The president and CEO of Samsung SDS — an IT and consultancy subsidiary of the South Korean tech conglomerate Samsung Group — has revealed the firm is including blockchain as one of the key technologies for its “Digital Transformation Network.”The development was revealed during president and CEO Hong Yuan Zhen’s keynote speech at Samsung’s Real…
Bitcoin headed for Christmas volatility as 100K BTC options expire
The Bitcoin futures market has a major expiry date on Dec. 25. 1714 Total views 12 Total shares In a Monday tweet, crypto data provider Skew reported that 102,200 Bitcoin options will expire on Dec. 25. Options contracts allow holders to buy or sell Bitcoin at a specific price, which is known as the strike price.…
Crypto and Blockchain News From Japan: Oct. 14–20 in Review
The cryptocurrency- and blockchain-friendly country of Japan has seen a number of significant developments for the industries this past week. A self-regulatory organization has introduced guidance for cryptocurrency custodians, while a subsidiary of major financial services firm SBI Holdings will conduct compliance policies using blockchain technology. Here is the past week of crypto and blockchain news…