Urban, Author at 2100 NEWS

Tether Has Yanked $610 Million out of Circulation this Month

October 19, 2018 0 0

Tether Limited, issuer of the dollar-pegged cryptocurrency tether (USDT), has yanked nearly a quarter of the controversial stablecoin’s market cap out of circulation since the beginning of October. On Wednesday, cryptocurrency exchange Bitfinex sent another 50 million USDT to the Tether Treasury, marking the sixth time this month that the company — which shares a management team with Tether […]

7 reasons to visit the Blockchain Life 2018 forum

October 18, 2018 0 3

November 7-8, in St. Petersburg in a building of ExpoForum, the largest event of the crypto industry of Russia and Europe will host the 2nd annual international forum on blockchain, cryptocurrency and mining – Blockchain Life 2018. The main objective of the forum is to unite the global crypto-community, to help the audience understand […]

UK Foreign Exchange Firm Joins Ripple Blockchain RippleNet

October 18, 2018 0 0

Moneynetint, a UK-based provider of foreign exchange services for the corporate sector has integrated and deployed decentralized payments using Ripple blockchain network RippleNet. Based in London with a focus on payment services for corporate clients, Moneynetint revealed an ongoing collaboration with San Francisco-based blockchain industry giant Ripple on Tuesday. The payments platform, which provides cross-border […]

Rwanda Government to Tag and Trace Conflict Metal Tantalum on a Blockchain

October 18, 2018 0 0

Yet another African country is turning to explore blockchain technology following Kenyan government, that recently announced to use blockchain technology for the distribution of new government-funded housing units. The Rwandan government is now eyeing to track the supply chain of metal tantalum, which is used in consumer electronics, with blockchain technology. The move aims to reassure investors over concerns on […]

Bitcoin Has Hit the Bottom: Why it is Unlikely to Fall Below $6,000

October 18, 2018 0 0

After rising to $6,700 on fiat-to-crypto exchanges and achieving $7,700 on Bitfinex, Bitcoin has stabilized at $6,500. Over the past 48 hours, the volume of Bitcoin has risen from $3.2 billion to $7 billion at its peak, but has since dropped to $4 billion. In a two-day period, BTC has shown a 25 percent increase […]

Maldives’ Central Bank Denies Issuing Permits for Crypto Transactions

October 17, 2018 0 0

The central bank of the Maldives has warned citizens to be wary of advertisements appearing on social media platforms relating to the trading of cryptocurrencies. In a press release, the Maldives Monetary Authority (MMA) cautioned members of the public against transacting in cryptocurrencies pointing out that it was the only agency responsible for licensing money exchange business […]

Bitcoin Price Rises to $6,450 as Market Stabilizes, Has Crypto Hit a Bottom?

October 17, 2018 0 0

Over the past 72 hours, the cryptocurrency market experienced one of its wildest fluctuations in recent years, triggered by the sudden increase in the Bitcoin price. The unforeseen decline in the value of Tether (USDT), a stablecoin backed by the US dollar on a 1:1 ratio, led premiums on major cryptocurrencies like Bitcoin (BTC) and […]

Huobi Lists Four ‘Regulated’ Stablecoins Vying for Tether’s Crown

October 17, 2018 0 0

Huobi Global is set to list four new stablecoins, namely Paxos Standard (PAX), Gemini Dollar (GUSD), TrueUSD (TUSD), and USDCoin (USDC) later this week. In an announcement on its website, the cryptocurrency exchange revealed that the four new assets will go live on Oct. 19. Huobi’s New Listings PAX, a newly launched digital asset is dollar-pegged, issued […]

DocuSign Will Add Ethereum Blockchain Integration to Verify Signatures

October 16, 2018 0 0

San Francisco based DocuSign has announced the integration of the Ethereum blockchain into its electronic signature and transaction management service. The company, which currently has over 400,000 paying customers, will now have an option for customers to have evidence of a DocuSigned agreement automatically recorded on the Ethereum blockchain. This option will be an alternative to the company’s native […]

Op-Ed: Stablecoins and Bank Failure — The Unmitigated Risk of Fiat-Backed Tokens

October 16, 2018 0 0

About the author: Ranjeet Sodhi is the CEO and Co-Founder of Vault. He is also a fintech entrepreneur with over 19 years of experience leading and turning around key regulatory risk management initiatives for global top tier investment banks and financial services firms, including JPMorgan Chase, Citi, Deloitte, and E&Y. You can follow him on Twitter […]