BitGo, a provider of Industry-leading multi-sig security, full custody Bitcoin and multi-user access controls, recently announced that it has added support for Digix’s gold-backed digital token, DGX. DGX Token Based on the description of the token from Digix’s official website. The token is backed by 99.99 percent gold cast bars from London Bullion Market Association-approved…
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Sponsored A exchange is essentially a marketplace for the cryptocurrency. Typical exchanges have trading and exchange services for listed coins and even real-time tracking of coin prices. These exchanges facilitate crypto-commerce and are a lifeline to this industry. Many people assume that cryptocurrency is just a method of storing value. However, cryptocurrency by its…
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It has been reported that countries which are expected to lead the movement, when it comes to crypto regulations, such as the U.K are still dragging their feet. Even with that, all indicators from the UK authorities are pointing towards a not so flexible regulation when the time comes. As a result of this, British…
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A recent report has it that a new Microsoft Excel plugin which makes it possible for Excel users to send and receive bitcoin has been developed. Based on a tweet from the Bitcoin Advisory’s founder, Pierre Rochard, the plunging was developed by him and he is looking to have it ready for use before the…
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The government of Sweden has made its intention of launching a nationally backed digital currency public. The Swedish government through the central bank of the country—Riksbank is planning to replace the FIAT currencies currently in circulation with a digital currency known as — e-koran. Reasons Behind the development of the e-Koran Riksbank has described the…
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Based on a recent court ruling which classified Bitcoin as a property, merchant operational within the Chinese borders can accept payments in bitcoins and still not break any of the country’s legal guidelines. Arbitration Court Verdict The Shenzhen Court of International Arbitration has officially classified bitcoin as a property. As a result of this classification…
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When ranking countries with stringent or no tolerance for cryptocurrency and blockchain technology in general. China has managed to find itself at the top of the list. China has released several policies in recent times targeted at undermining the crypto-industry. The latest in the line of this extreme policies is a report which is showing…
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The month of September for the crypto industry can be described as a mildly positive one. The positivity experienced during the month steams from preexisting project upgrades, IPO, new innovations, new regulations, and policies. Comparing this to the overall market trend, it could easily be said that the market condition is a tumultuous one. In…
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Nasdaq, the second largest stock exchange in the world has recently made an announcement that it has been awarded a very important blockchain related patent. The exchange made this known via a recent press release. Nasdaq Blockchain Patent Nasdaq made it known via the report that it initially filed for the patent in January 2017.…
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The news of crypto exchanges getting hacked in Japan of recent has greatly affected the trust of many participants in the industry. In its bid to help its citizens regain trust in the industry, the Government of Japan has issued an approval for the industry to be self-regulated. This self-regulation is expected to take effect…
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