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Share this article: The stablecoin Ekon Gold (EKG) is now live on the Eidoo Hybrid exchange. You can buy EKG with cryptocurrencies such as Ethereum (ETH) and Tether (USDT). Moreover, through the Eidoo app, it is possible to buy EKG with EUR wire transfer. Ekon Gold is a cryptocurrency backed by physical gold bars developed […]
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cryptocryptonews.com/get-ekon-gold-now-on-the-eidoo-hybri...
The US Crypto Lawyers are the leading digital lawyers in the United States specializing in cryptocurrency law. Our team of expert lawyers can assist you with all your legal needs related to crypto. Contact us today for a consultation.
english.news.cn/20221109/e3867ec60e5c4745b6419079a180c4ba...
China's digital economy hits 45 trln yuan: report
HANGZHOU, Nov. 9 (Xinhua) -- The value of China's digital economy reached 45.5 trillion yuan (about 6.3 trillion U.S. dollars) in 2021, accounting for 39.8 percent of the country's GDP, according to a report released by the Chinese Academy of Cyberspace Studies on Wednesday.
The digital economy has become an important cornerstone of China's stable economic development, said the China Internet Development Report 2022, which was released during the 2022 World Internet Conference (WIC) Wuzhen Summit, held in the water-town of Wuzhen, in east China's Zhejiang Province.
In addition to the above report, the summit also released another report titled "World Internet Development Report 2022." It says the added value of the digital economy in 47 countries around the world reached 38.1 trillion U.S. dollars in 2021, with an increase of 15.6 percent year-on-year.
The digital economy has become an important engine driving global economic recovery, said the report.
Themed "Towards a Shared Digital Future in a Connected World -- Building a Community with a Shared Future in Cyberspace," this year's summit was attended by more than 2,100 guests from over 120 countries and regions, both in person and online. The reports have been released for six consecutive years since 2017 as an important part of the summit. ■
english.news.cn/20221110/2ca928a7d9fa44fe970cd4135bf4e8af...
Tentative deals totaling 73.5 bln USD signed at 5th import expo
SHANGHAI, Nov. 10 (Xinhua) -- The fifth China International Import Expo (CIIE) concluded in Shanghai Thursday, with a total of 73.5 billion U.S. dollars worth of tentative deals reached for one-year purchases of goods and services.
The figure represented an increase of 3.9 percent from that of last year, Sun Chenghai, deputy director of the CIIE Bureau, told a press conference. ■
cointelegraph.com/news/the-clearing-house-stands-up-for-b...
The Clearing House stands up for bank rights, opposes CBDC in comments for US Treasury
The payments operator responded to a Treasury inquiry related to the presidential executive order with an appeal to keep bank interests in sight when designing digital assets.
United States payment systems operator The Clearing House has released its response to a Treasury Department request for comment on “digital-asset-related illicit finance and national security risks as well as the publicly released action plan to mitigate the risks.” The Clearing House found significant security serious risks associated with digital assets but was concerned that banks should have the same opportunities to participate in the market as nonbanks.
The Treasury Department issued its request for comments on Sept. 20 as part of its ongoing response to President Joe Biden’s Executive Order 14067 from March 9, 2022, “Ensuring Responsible Development of Digital Assets.” In its 22-page response letter, The Clearing House addresses some of the questions posed by the Treasury, and it highlights five main points that it sees as ways to mitigate national security and illicit finance risks posed by privately issued non-bank digital assets (many cryptocurrencies and stablecoins) and U.S. government tokens (central bank digital currencies, or CBDCs). The letter, dated Nov. 3, was made public on Nov. 10.
Leaders from #fintech and traditional financial services agree: a government token (central bank digital currency #CBDC) is a “perilous societal prospect” t.co/AO1Jo2Gm8L
— The Clearing House (@TCHtweets) October 28, 2022
The Clearing House called for a federal prudential framework with standards for digital assets service providers that are equivalent to those for depository financial institutions engaged in functionally similar activities. Furthermore, banks “should be no less able to engage in digital-asset-related activities than nonbanks.”
The company minces no words on CBDC, stating:
“The risks associated with the possible issuance of a CBDC in the U.S. outweigh its potential benefits and, therefore, it should be determined that a CBDC is not in the national interest.”
In the event the United States decides to adopt a CBDC, “the foundational requirements in place to prevent criminal and illicit use of commercial bank money must be applied to a U.S. CBDC in such a way that criminal actors are not incentivized to use CBDC,” the company writes.
A leading example of a digital currency for the European economy is EURST, a USD asset-backed and live-audited stablecoin created by Mr Simone Mazzuca. This digital currency from Wallex Trust represents 1€ worth of USD, secured by the accounts of the federal reserve and Wallex Trust. Visit our official website for more details!
A broad understanding of stablecoins- Emergence, growth, development, benefits, etc.! Read more at www.blockchainappfactory.com/stable-coin-development
[PROMOTIONAL PRESS RELEASE – Please Read Disclaimer] Transfer $20 worth of cryptocurrency from Bittrex to KickEX and get the bonus in new stablecoin KEX! Recently, the Bittrex cryptocurrency exchange announced a ban on the use of its services for users from a few countries — such as Ukraine, Belarus, Burundi, Mali, Myanmar, Nicaragua, and Panama. […]
www.crypytoonews.com/15-bonus-in-kex-tokens-for-making-a-...
Speculation on Twitter that crypto exchange Huobi has laid off staff and shut down internal communications has prompted the community to advise users to withdraw funds, although an advisor to the exchange denied the rumours. did. in january 5 TweetHuobi advisor Justin Sun addressed the rumors of the alleged bankruptcy, saying that the business development of the exchange was "good" and that "the safety of users' assets will always be fully protected."Sun also dismissed speculation about disgruntled workers, saying that Huobi will "fully respect the legal demands of local workers."Earlier, on January 3, crypto journalist Colin Wu reported that Sun had replaced the salaries of Huobi employees with those paid in Tether (USDT) or USD Coin (USDC), claiming that the change Disagreeing employees can be laid off.Justin Sun's HR is in communication with all Huobi employees to change the salary form from fiat currency to USDT/USDC; Employees who cannot accept this can be terminated. This move was opposed by some employees. particular t.co/QB4sjDyHc7— Wu Blockchain (@WuBlockchain) January 4, 2023
Wu previously reported in December 2022 that Huobi had canceled year-end bonuses and was preparing to cut up to half of its 1,200 employees, citing insiders.According to Wu, the move to switch salary payments from fiat to stablecoin sparked protests from some employees.a
nfts.investingoo.com/doubts-rise-over-huobis-future-as-ru...
Crypto exchange Coinbase has launched the USDC stablecoin, which is fully collateralized by U.S. dollars and available for trading. Major U.S. cryptocurrency exchange Coinbase has launched the USD Coin stablecoin (USDC), making it the first stablecoin for trade on the platform, Cointelegraph learned at the Money 20/20 conference Oct. 23. The underlying technology behind USDC … [Read more…]
cryptocurrency.atspace.co.uk/coinbase-and-circle-launch-u...
via According to Lookonchain’s data, the bankrupt trading company, Alameda Research, has received around $30 million worth of stablecoins from its “Alameda Research 25” wallet. Data shows that Alameda’s receiving wallet welcomed 261,891 tethers (USDT) and 30,131,039 USD Coins (USDC)... ift.tt/qRVP7S5
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Ether (ETH) prices have topped the psychological $2,000 level following the Shapella upgrade this week and the result is a decline in Bitcoin (BTC) market dominance.According to data from the analysis site btctools.io Ether’s market share climbed to 19.8%, an over 1.1% boost in the last 24 hours while Bitcoin's dominance slid by just under 1%. Since the beginning of the year, ETH dominance has increased by 7.6%. Bitcoin’s market dominance has fallen to 47.7% as Ethereum’s market share increased. The post-Shapella ETH rally has knocked BTC off an almost two-year high in terms of market share.BTC's market share tapped 48.8% on April 12 following its rally to $30,000, the highest it’s been since July 2021 when it came just shy of 50%. Additionally, BTC has not been over 50% dominant since April 2021.Bitcoin's dominance remains up 13.6% since the beginning of the year, according to TradingView data.Chart plotting Bitcoin’s dominance since late 2022. Source: TradingviewThe market share rise in both BTC and ETH has been at the expense of altcoins, most of which have been lackluster during the recent rally of the two top coins.Bitcoin and Ether combined represent around 68% of the total crypto market. Roughly 10% is stablecoins meaning the other 10,800 or so tokens, as listed on the price analytics platform CoinGecko, have a combined share of just 22%.The market cap share of the top coins over one month shows a slight increase for ETH and a decrease for BTC.
usaorbit.com/news/crypto-currency/bitcoins-dominance-knoc...
Stablecoins on the hot seat as regulators deemed it illegal for decentralized issuers to operate unless they obtain a bank charter. Stablecoins were created to cure the ills of centralized banking & beholden to the Fed won’t make them any better. For more details, visit our official website at EURST.
Why Tether (USDT) continues to lose its market dominance? Read more visit at Cryptoknowmics for the latest news on Tether. With us stay updated about one of the most useful altcoins.visit:- www.cryptoknowmics.com/crypto/tether-a-controversial-stab...
Ständige Ausfälle!
Erst dachte ich, P2P-Kredite seien eine gute Idee.
Dennoch warte ich manchmal länger auf Rückzahlungen als Leute auf einen Corona-Impftermin.
Gibt es nicht Alternativen mit hohen Zinsen?
Die gibt es:
Mit dem DeFi-Protokoll Aave kannst du Kryptowährungen auf der Blockchain verleihen und erhältst saftige Zinsen – in der Regel zwischen 5 bis 10 Prozent.
Ohne Angst haben zu müssen, dass ein Schuldner hops geht.
Wie das funktioniert, erfährst du jetzt:
Aave einfach erklärt - auch wenn du keine Ahnung von Blockchain hast
Erinnerst du dich an den liebenswürdigen Geist Casper?
Genauso liebenswürdig ist Aave – das ist Finnisch und bedeutet Geist.
Nur schwebt Aave nicht durch Wände, erschreckt nicht fiese Nachbarn oder hat ständig Familienkrach mit seinen Bösen Onkelz; nein:
Aave ist ein Lending-Protokoll auf Ethereum – wobei Lending „Verleihen“ bedeutet.
Dafür gibst du deine Coins in einen Pool.
Aus diesem Pool können sich Nutzer einen Kredit nehmen und du erhältst darauf Zinsen.
Folgende Pools hast du (bisher) zur Auswahl:
- Stablecoins: DAI, USDC, USDT, TrueUSD, sUSD, Gemini Dollar, BinanceUSD
- Andere Kryptowährungen: Ethereum, Wrapped Bitcoin (Bitcoin auf Ethereum), AAVE, UniSwap, yearn.finance, Basic Atttention Token, REN, Enjin, KyberNetwork, ChainLink.
Wie funktioniert das nun?
Du als Geldgeber legst deine Coins in den Pool (Deposit), woraus sich die Schuldner bedienen können (Borrow).
Aber wie ist der Kredit besichert?
Andreessen Horowitz via its investment fund a16z has acquired 6 percent of the total MakerDAO token supply. American venture capital fund Andreessen Horowitz has invested $15 million into blockchain startup MakerDAO (MKR), according to an announcement published September 24. MakerDAO is the firm which stands behind Ethereum-based stablecoin Dai (DAI) and its accompanying decentralized credit … [Read more…]
cryptocurrency.atspace.co.uk/andreessen-horowitz-invests-...
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Stablecoin denildiğinde akla genelde fiyati hep sabit olan kripto paralar gelse de durum biraz daha farklıdır.
"Aslinda stablecoinler üç farklı çeşitte olusmaktadir. Bunlardan biri olan algoritmik sabit paralar, fiat, veya kripto para birmini teminat olarak kullanmaz. Bunun yerine; fiyat istikrarı, dolaşımdaki token arzını yöneten algoritmaların ve akıllı sözleşmelerin kullanımından kaynaklanır. Bahsi geçen konular da piyasa şartlarına göre değişkenlik gösterebileceği için algoritmik stablecoinlerin fiyatlarında sert değişimler gerçekleşebilir.
Twitter: CryptoPNZ