• Tether launches gold-backed cryptocurrency
    Cryptocurrencies,  Tether

    Tether launches gold-backed cryptocurrency

    The new Tether Gold tokens will be backed by one fine troy ounce of gold stored in a secure Swiss vault, the company said

    Tether launched a gold-backed cryptocurrency, tether gold (XAUT), that can be redeemed for one fine troy ounce of gold stored in a secure Swiss vault—assuming you can redeem 430 tokens currently worth about $670,000 at once.

  • PlanetWatch and Algorand put air quality test results on a blockchain (Photo: Flickr)
    Technology

    Algorand puts air quality test results on a blockchain

    The DeFi-focused blockchain firm is teaming up with PlanetWatch to create an immutable record of global air quality test results

    In addition to using Algorand’s open-source, permissionless blockchain to quickly disseminate and permanently record pollution readings, PlanetWatch plans to use it to reward volunteers who maintain pollution sensors with Planet utility tokens.

  • Pornhub logo
    Cryptocurrencies,  Tether

    Pornhub now accepts tether for model payments

    The world’s biggest porn site now accepts the world’s biggest stablecoin 

    Visitors to Pornhub, which boasted 42 billion visits in 2019, can now pay live webcam models with tether via the Tron wallet, the site announced yesterday. The move follows PayPal’s announcement in November that it would stop supporting payments for the hugely popular pornographic website.