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  • Cryptocurrencies
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  • Regretfully, these are real gold bars and not gold-wrapped chocolate bars (via Pixabay).
    Regretfully, these are real gold bars and not gold-wrapped chocolate bars (via Pixabay).
    Cryptocurrencies,  Technology,  Tether

    Paxos and Binance to launch dollar-based stablecoin

    Meanwhile, asset-backed PAX Gold hits market Thursday

    September 5, 2019 /

    Paxos Trust, the company behind stablecoin Paxos Standard, announced plans to launch two new asset-backed coins.

    Read More
    Lawrence Lewitinn
  • Tether
    Tether is on fire, but not in a good way (via Shutterstock).
    Tether

    Playing with fire, Tether looking to launch Chinese yuan-based stablecoin

    Tether may be doubling down with a renmimbi product

    August 21, 2019 /

    Tether—with its sister company Bitfinex—may be in a heap of trouble in New York, but the stablecoin issuer is trying its hand at taking on another major currency: China’s yuan.

    Read More
    Lawrence Lewitinn
  • Photo of Mike Tyson by Jerry Metellus
    Mike Tyson (by Jerry Metellus, courtesy of Lakiha and Mike Tyson).
    Alt coins,  People

    Billionaire ‘Tyson Token’ backer Shi Jianxiang to throw down with boxing champ

    Accused of masterminding a multi-billion-dollar Ponzi scheme in China, Fight to Fame’s backer calls Tyson a liar, threatens defamation suit

    August 18, 2019 /

    We’re not sure how powerful a punch Chinese billionaire Shi Jianxiang (in Chinese: 施健祥) can throw, but he’s threatening to go head to head with former heavyweight champion Mike Tyson—well, at the very least in a courtroom. That’s because the bout between Iron Mike and Shi’s sports-related blockchain project Fight To Fame (in Chinese: 一战成名) is heating up on the pages of Modern Consensus.

    Read More
    Lawrence Lewitinn
  • Don't confuse Bitcoin for gold (via Pixabay).
    Don't confuse Bitcoin for gold (via Pixabay).
    Bitcoin,  Opinion

    Crypto’s Gold Replacement Theology remains a myth—for now

    Data show Bitcoin isn’t the gold-replacing safe haven touters say it is

    August 13, 2019 /

    For the past several days, Bitcoin/self-promoters have been touting the cryptocurrency as a safe haven from uncertainty in the markets. In other words, they are letting fantasy get in the way of reality.

    Read More
    Lawrence Lewitinn
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