2 Gold-Backed Crypto Asset Market Caps Near $1 Billion, XAUT Jumps 19,000% in 23 Months

While reserve-backed crypto assets and stablecoin market valuations increased a great deal during the last year, gold-backed cryptocurrencies have also seen their market caps swell. Between the tokens tether gold and pax gold, the market valuations of these two gold cryptos are nearing a billion dollars in value with $742 million today. Tether Gold’s Market […]

PureStake CEO Derek Yoo Explains the Technology Behind Moonbeam Network

Moonbeam is an Ethereum-compatible smart contract platform on the Polkadot network that makes it easy to build natively interoperable applications. This Ethereum compatibility allows developers to deploy existing Solidity smart contracts and DApp frontends to Moonbeam with minimal changes. Derek Yoo is the CEO of PureStake, the technology company behind the Moonbeam Network. He recently […]

Technical Analysis: Meme Coins, Avalanche Move Higher on Tuesday

Meme coins were higher on Tuesday, as the global cryptocurrency marketplace rebounded from recent declines in price. Both DOGE and SHIB were trading close to 7% higher during the session. In addition to the meme coins, there were several other gainers on Tuesday, as both traders and long-term investors bought the crypto dip. Biggest gainers […]

Oman Invites Bids From Firms Interested in Creating Regulatory Framework for Virtual Assets

Authorities in the Middle Eastern state of Oman have asked specialized companies, interested in helping the country set up a regulatory framework for virtual assets, to submit their proposals. Interested companies need to submit their proposals no later than March 23, 2022. Process Divided Into Two Phases The Oman financial regulator, the Capital Markets Authority […]

Report: Google Launches Blockchain Division

googleThe software behemoth Google has reportedly started a new blockchain-based division inside its Labs group. The division will also deal with other distributed computing and data storage technologies. While the company has been wary of associating with any form of cryptocurrency, Bill Ready, Google’s president of commerce, stated on January 19 they were paying a […]