Coins

Advancing Financial Inclusion AUC Coins Set to Revolutionize Retail Payments in South Africa

AUC Coins to be Added as a Payment Method for Retail in South Africa Key Highlights: Advanced Project's TIER platform enables direct AUC Coin payments at South African retailers. TIER facilitates payments for goods, services, and even municipal bills, creating a holistic ecosystem for AUC Coin usage. Africa leads the way and Advanced Project's success in South Africa serves as a beacon for wider digital asset adoption across the continent. Cape Town, South Africa – January 2024 – Advanced Project, a leading force in African blockchain innovation, is taking a

Ex-Singapore Parliamentarian’s Swiss Company Launches Swiss Franc and Euro Stablecoins

Singapore investor and former parliamentarian Calvin Cheng's newly rebranded Swiss company, Anchored Coins, was granted membership in the Swiss VQF in early 2023. VQF is the largest and oldest cross-industry self-regulatory organisation in Switzerland and is officially recognised by FINMA, the country's financial services watchdog. Anchored Coins is launching a Swiss Franc-backed stablecoin (ACHF) and a Euro-backed stablecoin (AEUR), and will be issued on the Ethereum and BNB Chain blockchains. DCS Card Centre in Singapore is planning to issue credit cards collateralised by AEUR and ACHF. ZURICH, SWITZERLAND, Aug 16,

Dynamic Rewards Unleashed

Following weeks of preparation and hard work, we’re incredibly excited to open the Paribus Mainnet v1 tomorrow. This marks the welcome return of our protocol and heralds the beginning of our rewards program. For those who participated in our staking program, the concept behind the rewards program will be simple to understand. We’ve allocated 100 million PBX tokens to be issued as rewards to borrowers on the platform. This concept is even more exciting because the rewards are scheduled to be released evenly across every block and are anticipated to

Crypto Chaos

Despite the second-largest bank failure in US history, the Federal Reserve continued its interest rate hike strategy last week. This caused markets to react by pricing in continued monetary tightening, pushing back their expectations of rate decreases to 2024. Some have perceived this move as necessary to combat inflation, even if it comes at the cost of breaking the banking sector. Unfortunately, this sober outlook suggests that the rest of the year may be marked by more sideways action in the markets rather than a steady recovery. Meanwhile, in the

TrueFi powers WOO X’s institutional services through decentralized loans to verified clients

[vc_row][vc_column][vc_column_text] The DeFi credit protocol launches its first non-stablecoin portfolio, with loans managed by WOO X [/vc_column_text][vc_images_carousel images="1572653,1572652,1572651,1572650" img_size="full" onclick="link_no" autoplay="yes" wrap="yes"][vc_column_text]San Francisco, California, July 2022 — TrustToken, the core team responsible for building the leading unsecured lending protocol TrueFi unveils its collaboration with WOO X, a zero-fee digital asset trading platform incubated by Kronos Research, the leading digital asset quant company and market maker. WOO X will use TrueFi to support its institutional services by issuing loans to its clients through the protocol. The amount of value locked into

Why Turn to a Crypto Trading Bot | Automatic Investments

Image source Trading and speculation with goods, shares, or foreign exchange are an enormously important economic factors today. In the digital age, corresponding processes often take place very quickly and are also incredibly complex. This demands a lot from professional traders because they must constantly keep an eye on numerous factors on the market and be able to react to them quickly. Therefore, it is no wonder that trading is no longer done manually. Automated trading is also possible with the help of special software. Such software is also called

Up by 71%, LUNA makes big gains, but will they sustain over coming days

Terra’s native token LUNA which stands only 2 spots below the top 10 list, became this week’s biggest gainer of the entire top 100 cryptocurrency list. While a lot of aspects factor in for this, the bigger concern only remains in the interest of investors. LUNA in 7 days… The altcoin has been consistently increasing since the end of November, charting an everyday rise of 14% and 15%. This led to the altcoin recovering all of November’s losses while in the process also marking a new all-time high within 3

🔴 Infrastructure Bill Impacting Crypto | This Week in Crypto – Nov 22, 2021

 The controversial U.S. infrastructure bill becomes law, Square reveals its DEX, and a crypto exchange stamps its name on a major US sports venue. These stories and more this week in crypto. Hundreds of billions of dollars of value were wiped off in a market-wide dip just a week after the crypto market had peaked. The dip brought the price of Bitcoin back down below $57,000 and other major cryptocurrencies also suffered double digit drops in value before stabilising. President Joe Biden signed the Infrastructure Bill containing controversial crypto

Cardano’s top exec believes SHIB & DOGE can lead to depression and hyperinflation

Most of the canine cryptocurrencies, especially Shiba Inu and Dogecoin have been victims of online speculations. Despite the surge, many believe these tokens will exist as long as memes trend on the internet. In this development, this renowned figure is the latest individual to address the FUD concerning these “speculative” coins. He even believes that trusting these memecoins would lead to depression and/or hyperinflation. The community got no ‘Calm’ Calm https://t.co/gjTfs7USzr — Charles Hoskinson (@IOHK_Charles) November 18, 2021 Cardano and IOHK chief Charles Hoskinson in the recent Youtube discussion has

India Considering Registration, Taxation in Crypto Regulation

India’s government is planning regulations that could require coins to register before being listed and traded on exchanges.Sponsored Sponsored According to anonymous sources from Reuters, the process is intentionally cumbersome in order to deter investors from holding cryptocurrencies. Only coins that have been pre-approved by the government may be traded, with those holding other coins risking a penalty. This regulation would create a barrier of entry for thousands of peer-to-peer currencies if carried out. Another senior government source claimed that capital gains and other taxes, potentially amounting to over 40%,