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Iran releases gold-backed cryptocurrency

Another country that faces a financial crisis due to the US sanctions issues its own national cryptocurrency. A group of Iranian banks presented a PayMon pegged to gold. Islamic revolution in digital Four Iranian banks (Bank Mellat, Bank Melli Iran, Bank Pasargad, and Parsian Bank) presented PayMon cryptocurrency, each coin of which is backed to gold reserves. дальше »

2019-2-8 17:22


Bitfury and Commons Foundation Partner to Launch Bitcoin (BTC) Mining Operations in Paraguay

Back in late November, Ethereum World News notified its readers of plans by the Commons Foundation to build the largest Bitcoin (BTC) mining farm in the world. Known as ‘the Golden Goose’ initiative, the project is meant to expand cryptocurrency and blockchain innovation in Spanish-speaking countries with its first project in Paraguay. дальше »

2019-2-4 15:36


NEM Foundation Plans Layoffs Impacting Entire Staff as Budget Cuts and Restructuring Take Over

The NEM Foundation is primarily known for their work on the NEM blockchain, functioning as a nonprofit organization that is supported by their online community. However, it seems that their funding is not enough to keep the company going in its current state, leading to massive layoffs and budget cuts. Reports suggest these widespread efforts […] дальше »

2019-1-31 18:06


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Fidelity’s Bitcoin Custody Service Could Launch This March

Fidelity Investments, one of the world’s largest asset managers, is breaking into bitcoin custody. According to a recent report from Bloomberg, three people “with knowledge on the matter” from firms in contact with Fidelity have said that the company is tentatively planning to launch a custody service for bitcoin in March. дальше »

2019-1-31 23:39


Litecoin Plans Private Transactions, Says No to Mimblewimble

Litecoin is planning to set itself apart from its Bitcoin origins by moving toward the realm of privacy coins. Charlie Lee, the creator of Litecoin, has announced that the Litecoin development team is working to add confidential transactions to the coin, adding in later comments that the feature is due sometime this year. дальше »

2019-1-31 20:46


XRP Army ERRONEOUSLY celebrating R3 and Swift partnership like a big win

Belgium-based global banking network Swift today announced that it plans to integrate R3’s trade finance platform with its own Global Payments Innovation solution (GPI). Speaking at the Paris Fintech Forum, CEO Gottfried Leibbrandt explained that the platforms would merely explore potential integration of their cross border payment solutions. дальше »

2019-1-30 17:44