Physical version of gold-backed token replaces Zimbabwe dollar

Alchemy's tertiary financing round brings the company's valuation to $3.5B. 466 Total views 8 Total shares San Francisco-based blockchain web services company Alchemy announced a $250 million Series C fundraising round led by Andreessen Horowitz on Thursday, bringing its current valuation to $3.5 billion.This announcement comes hot on the heels of a late April $80…

Ripple's (XRP) rallied 72% from Aug. 7 to Aug. 14 but since then, every attempt to break out of the descending channel has been quickly suppressed. The past ten days have been no different, with the XRP price correcting by 15%.The platform was first launched in 2012 and Ripple is a distributed open-source protocol and…

“They did not cite evidence, they didn’t even correctly point out what NFTs are, nor did they talk to NFT Worlds,” noted Animoca Brands co-founder Yat Siu. 258 Total views 8 Total shares Yat Siu, the co-founder of crypto/NFT venture fund giant Animoca Brands, labeled the recent Minecraft NFT ban as “hypocritical” and emphasized that…

Cryptocurrency payment processor BitPay is introducing new identity verification measures for certain high-value payments, refunds and payouts.According to an Aug. 1 announcement from the United States-based firm, the new measures notably do not apply to person-to-person payments using the BitPay and Copay apps.Photo ID, Social Security NumberBitPay is rolling out its new ID verification flow…

A pro-Bitcoin nonprofit says it will flag potential civil liberty concerns as more countries are expected to develop CBDC technology. 311 Total views 1 Total shares The nonprofit Human Rights Foundation (HRF) has launched a central bank digital currency (CBDC) tracker, the organization announced at the same Oslo Freedom Forum event it hosts. The online…

The new bridge will allow Ren’s ERC-20 representations of BTC, BCH, DOGE, FIL, LUNA, ZEC, and DGB can now be transferred onto the Polygon network. 1667 Total views 1 Total shares The launch of the new Polygon x RenVM Bridge was announced to Twitter by Polygon on May 28, who emphasized the bridge will allow…

U.K. commercial bank NatWest says it does not want to do business with clients and customers who deal in crypto. 8634 Total views 25 Total shares Corporate clients of NatWest may soon lose their banking relationship with the United Kingdom-based lender amid recent negative cryptocurrency-related policy statements.According to a report by The Guardian, Morten Friis,…

On Nov. 16, Switzerland’s primary stock exchange, SIX Swiss Exchange, announced that it will list the world’s first multi-crypto-based exchange-traded product (ETP).Exchange-traded products (ETP) are derivatively priced securities that are traded on a national securities exchange. Their pricing derives its value from other investment instruments, most commonly found in the form of commodities, stocks and…