Blockchain infrastructure firm Bison Trails and cryptocurrency storage provider Coinbase Custody announced on Jan. 30 that they have joined the Proof of Stake Alliance to support what one CEO called “the next wave of blockchain technology.
Coinbase and Ripple executives are leading an effort to fight the fraud that's chasing off cryptocurrency investors and the uncertainty strangling innovation. To do this, the Blockchain Association has formed a Market Integrity Working Group with the goal of pushing for clear, fair, and transparent federal regulation of the cryptocurrency trading markets.
Speaking at the World Economic Forum in Davos, Switzerland, on Friday, Ripple CEO Brad Garlinghouse more or less said outright that Ripple wants to go public with a traditional stock market initial public offering this year.
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.