Stability

xBacked Launches xUSD, a 110% Over-Collateralised Stablecoin for Algorand Positioned to Transform the DeFi Realm

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Time Stamp: January 17, 2023 4:30 AM - Modified On: January 17, 2023 - Published By:
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MEDIA RELEASE xBacked is a permissionless over-collateralized stablecoin protocol built on Algorand that allows anyone to use cryptocurrency without the volatility xBacked's decentralised stablecoin xUSD is available now to be minted on the platform, and aims to maintain a stable value of $1 USD backed by assets in the basket Stability pool, on-chain governance and TGE (token generation event) will be available in the coming months 17 JANUARY 2023: Launching today, xBacked is set to raise the bar with its over-collateralized stablecoin, xUSD. Built on Algorand and backed by multiple

Bringing It All Together

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Time Stamp: November 30, 2022 1:31 PM - Modified On: November 30, 2022 - Published By:
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It starts with a national brand for music rehearsal space After 15 long years on the road touring with national acts such as Tool, Filter and Rage Against The Machine as lead singer for the Oregon based hard rock band DFiVE9, Nic Yannariello was looking for a way to get off the road, and so in 2003 he built and established the now iconic Hawthorne Theatre, a 600-person concert hall in Portland for national tours and regional acts. Seeing a need for his fellow musicians, Nick then founded Puddletown Studios

Take A Chance, Be The Pioneer Of The New Era With Nibiru

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Time Stamp: October 27, 2022 6:04 AM - Modified On: October 27, 2022 - Published By:
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HONG KONG, Oct 26, 2022 - (ACN Newswire) - With the continuous development of technology and Internet applications, the world wide web had evolved from WEB1.0 (read-only web), WEB2.0 (participative social Web) to WEB3.0 metaverse (read, write, execute Web). The unique features of metaverse - Digital Avatar, Community Driven, Immersive, Low Latency, Creator Economy, Diversity, Openness & Persistence enable you to be who you want to be, create what you want, where you want, for whom you want, and how you want. Nibiru is a Web3 platform, and a network

BSV Coin.

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Time Stamp: October 12, 2022 4:38 AM - Modified On: October 12, 2022 - Published By:
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What is Bitcoin SV? Bitcoin Satoshi Vision (Bitcoin SV) was created to protect the Bitcoin ledger from dishonest users by reverting back to old protocol versions. The intention is to keep it stable and secure, as well as allow for global demand for open public ledger technology. Satoshi Nakamoto's original vision for Bitcoin, known as Bitcoin Satoshi Vision (BSV), is closely linked to the history of Bitcoin. In late 2018, BSV was produced as a result of a hard fork from the Bitcoin blockchain. These disputes in the Bitcoin community

Money is Power

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Time Stamp: September 10, 2022 4:32 AM - Modified On: September 10, 2022 - Published By:
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The politician Benjamin Disraeli once said, “Money is power, and rare are the heads that can withstand the possession of great power.” Understanding that powerful nations have the ability to control world events through monetary policy helps to explain why regulators take such a strong interest in stablecoins. As we explained earlier this week the present strength of the US Dollar is due to the fact that over 80% of world trade has to be settled using dollars and there’s currently a shortage of dollars. This places the US in

ESTN Launches World’s First Player-Owned Esports Metaverse Arena Featuring Universal Player Ranking Engine

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Time Stamp: June 5, 2022 6:27 AM - Modified On: June 5, 2022 - Published By:
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SAINT PETERSBURG, FL – June 4, 2022 -- ESTN announced the official launch of the Electronic Sports Tournament Network™ - a global blockchain-powered metaverse esports arena owned via NFT ‘Seat Licenses’. The ESTN platform allows gamers and organizers to host their own online tournaments and the ability to earn a share of fiat winnings, prize pools and arena earnings and NFT distributions via the ESTN Vault. Esports tournament competitor pairings will be based upon the ESTN-derived Universal Player Ranking engine (UPR score) to assure like-skilled athlete match play. 18,100 NFT-based

aelf invites partners to extend ecological network by publicizing node election

Source Node: https://ambcrypto.com/aelf-invites-partners-to-extend-ecological-network-by-publicizing-node-election/
Time Stamp: November 20, 2021 12:15 AM - Modified On: November 20, 2021 - Published By:
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According to the official announcement shared by the aelf blockchain team on Nov. 18th, 2021, its node election procedure has begun. Blockchain heavyweights like 8BTC, bountyblok, and RockX have already confirmed their participation in aelf’s election process by press time. Starting from November 18th, two seats for new production nodes will be released weekly for six weeks. In other words, a total of 17 production nodes will be elected by the end of this year. The production nodes underly the function of aelf mainnet. Their potency comes together with responsibilities. To become

Can Crypto Destabilize Nations? Hillary Clinton believes so

Source Node: https://coingape.com/can-crypto-destabilize-nations-hillary-clinton-believes-so/
Time Stamp: November 19, 2021 2:10 AM - Modified On: November 19, 2021 - Published By:
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The ex-Democratic presidential candidate against Trump, Hillary Clinton, recently picked a rather conservative stance about crypto, levying the industry as a threat to global economic stability. She spoke remotely at the Bloomberg New Economy Forum on Friday in Singapore, highlighting exclusive challenges that global governments are currently dealing with, including disinformation and artificial intelligence. Furthermore, Clinton put special emphasis on cryptocurrencies under these categories, claiming that they hold the potential to destabilize entire nations. According to Clinton, the decentralized market may take over entire economies, by starting small but gradually

Bank of England’s Cunliffe: Crypto Threat to Financial Stability ‘Getting Closer’ — Urges Regulators to Act Now

Source Node: https://news.bitcoin.com/bank-of-englands-cunliffe-crypto-threat-financial-stability-urges-regulators-to-act-now/
Time Stamp: November 16, 2021 1:30 AM - Modified On: November 16, 2021 - Published By:
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Bank of England’s deputy governor for financial stability, Sir Jon Cunliffe, has warned that cryptocurrency is getting closer to posing a threat to global financial stability due to the sector’s rapid growth. Crypto is also being integrated into the traditional financial system at a rapid rate. He urges regulators to take action now. Bank of England’s Jon Cunliffe Warns Crypto Is Closer to Becoming a Threat to Global Financial Stability Sir Jon Cunliffe, Bank of England’s deputy governor for financial stability, talked about bitcoin and cryptocurrencies in general on BBC’s

IMF now the latest to warn against cryptos opening ‘unwanted doors’

Source Node: https://ambcrypto.com/imf-now-the-latest-to-warn-against-cryptos-opening-unwanted-doors/
Time Stamp: October 2, 2021 7:30 AM - Modified On: October 2, 2021 - Published By:
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A handful of cryptocurrency exchanges have suddenly become billion-dollar companies. An explosion in Bitcoin’s popularity has supercharged previously small-time platforms into powerhouses generating millions of dollars in revenues. And, it’s not just Bitcoin either, with other altcoins recording immense surges as well. Source: IMF Crypto is “risky” and opens “unwanted doors” The same was the subject of a blog recently published by the IMF (International Monetary Fund). The report observed, “The total market value of all the crypto-assets surpassed $2 trillion as of September 2021—a 10-fold increase since early 2020.

COTI to Issue New Stablecoin on Cardano Network

Source Node: https://beincrypto.com/coti-stablecoin-cardano-network/
Time Stamp: September 27, 2021 4:40 AM - Modified On: September 27, 2021 - Published By:
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COTI introduced a new algorithmic stablecoin called Djed for Cardano this weekend in an effort to expand decentralized finance (DeFi) on the network.Sponsored Sponsored The Djed stablecoin was announced at a Cardano Summit in Wyoming on Sept 26 by IOHK founder Charles Hoskinson. The enterprise-grade fintech platform COTI will be the official issuer of Djed which will use the new Cardano smart contracts to ensure price stability, the announcement added.Sponsored Sponsored Djed will be entering an already crowded stablecoin market that is dominated by Tether and USD Coin, however, its