The Libra “coals” are heating up again. The Bank for International Settlements (BIS), the central bank for all other central banks, is concerned about the Libra Project. At its behest, it has arranged for a major meeting to take place between representatives from Facebook’s Libra executive team and officials from 26 central banks across the…
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The crypto financial press has been inundated with recent articles discussing Bitcoin dominance and how it might be sounding the death knell for Altcoins. An Altcoin death narrative seems a bit extreme a position to take at this juncture in the crypto evolutionary cycle, but authors are speaking in terms like “survival of the fittest”…
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The buzz around Facebook's Libra stablecoin is gone off through the roof, as some might say. The truth is that the cryptocurrency project undertaken by Facebook has shaken regulatory bodies around the world so "violently" that they cannot simply decide if Libra is a huge opportunity or huge threat. However, there are certain details around…
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Asia-based digital assets custodian Hex Trust announced earlier today that it has selected TradAir to provide clients with the ability to trade digital assets directly from the Hex Safe custody platform. Hex Trust bridges the gap between traditional custody and the digital asset world. Hex Trust now extends trading capabilities to its users, deploying TradAir’s…
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Just when Mark Zuckerberg and his executive team had thought that the nasty news about Facebook and its Project Libra had died down a notch, out comes Yves Mersch, executive board member at the European Central Bank (ECB), with a blistering attack that opened up old festering wounds. “Treacherous promises”, and “Cartel-like behavior” are not…
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The largest cryptocurrency exchange Binance is now launching a new USD-pegged stablecoin in the U.S. The more exciting news is that the new coin, called BUSD, has been approved by the New York Department of Financial Services or NYDFS. The other partner on the project is Paxos Trust Company. The Binance stablecoin will be pegged…
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LeapRate Exclusive… Czhang Lin is the CEO of PIEXGO, an innovative global digital currency trading platform that provides a one-stop seamless experience for institutional and individual traders. PIEXGO’s platform is the first to launch an IXO, essentially an upgraded IEO which seeks to promote an ecosystem of protocols, dedicating resources and opportunities for emerging blockchain…
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Cryptocurrencies emerge from everywhere nowadays: from companies, from governments, and not so often - from individuals. However, one such individual has announced that he is launching what is essentially the first celebrity cryptocurrency. Manny Pacquiao is a champion boxed who just announced the launch of his very own cryptocurrency in front of a crowd in…
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Some companies raise enormous amounts of money when it comes to issuing their own cryptocurrency. Telegram is definitely one of those companies. The firm is scheduled to release its Gram cryptocurrency by October 31st, 2019. If it fails to do so, Telegram automatically loses more than $1.6 billion. According to press, Telegram has set a…
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John McAfee is probably the most ardent Bitcoin enthusiast. Now, news emerged that the Bitcoin bull will support the Zombie Coin project, and not only that, but write its white paper. The zombie ICO is a rather hilarious project that is managed by China Zombie, which wants to teach zombies how to use alt coins.…
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