This news section spotlights emerging altcoins, project updates, tokenomics changes and ecosystem developments driving innovation in DeFi, Web3 and digital assets. Keep track of the next wave of digital currencies before they make headlines—and gain insights that matter in the altcoin sector.
A subsidiary of IOVLabs, RSK, has purchased a Spanish social media platform Taringa and got access to its nearly 30 million users.
Talking at a blockchain event at the U.N. headquarters in Geneva, Libra’s managing director Bertrand Perez said Libra will not replace existing fiat currencies, but could help the UN achieve its SDGs as eliminating poverty and achieving gender equality.
Telegram has developed a wallet for its Gram cryptocurrency. Currently, the wallet is available in the alpha version of the Telegram messenger for iOS and functions in the TON testnet.
SEC’s Hester Peirce stated that cryptocurrencies prove to be important “transaction mechanisms” and their “store of value” is an important function of the digital assets.
Flexa a payment wallet system running of Winklevoss-backed Gemini cryptocurrency exchange is participating in a demo retail store featuring the latest technological innovation. The store was created by top management firm McKinsey.
Binance has launched its staking platform that enables users to earn dividends or interest on their digital assets just for depositing them on the platform.
Echoing Marcus’ forecast that Libra could potentially change the world, Armstrong called Facebook’s project one of the most important cryptocurrency projects in development.
CEO of the once-popular messaging app Kik has indicated that the firm will go to trial against the United States Securities and Exchange Commission of classification of their Cryptocurrency token Kin as a security.
Reports show some evidence, though not conclusive, that institutional investors may have played a role in the recent Bitcoin price drop with many expecting it to test the $7,500 support before recovering.
Mark Zuckerberg has ensured that now, when Facebook’s team is getting ready to launch their crypto project Libra, they are really focused on doing it right.
Cryptocurrencies ushered in a new era of digital assets, but also opened up innumerable scams that led to people losing millions. This is where Q DAO Team has taken the initiative to help investors in distress.
ECB Board Member Benoit Coeure has warned that private stablecoins like Libra are posing big risk to the monetary sovereignty, however, they can also solve some of the burning issues.
California-based financial firm SoFi has added BTC, ETH and LTC trading to its platform SoFi Invest. Crypto trading on SoFi Invest joins the list of previously introduced trading of stocks and exchange-traded funds.
David Marcus, the head of Calibra wallet, went on Facebook to explain the company’s motivation behind building Libra. David elaborates on why Facebook didn’t choose to build on top of existing systems, but rather chose to build a new one.
On September 24, Justin Sun, the creator of Tron, revealed what developments and updates the community can expect to see in the near future.