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Digix Stablecoin Seeks to Put Gold on the Ethereum Blockchain

The stablecoin is still an evolving concept, and there have been multiple approaches to it. Dai has algorithmic methods to keep it tied to the US Dollar, while the multitude of stablecoins – USDT, PAX, GUSD, TUSD, and USDC — all simply offer a 1:1 exchange ratio. The recently-rebranded Ampleforth offers an elastic supply so that the holder always gets the same value out of their investment, while they may have a different number of tokens depending on the market value of the token. Continue reading Digix Stablecoin Seeks to Put Gold on the Ethereum Blockchain

Uncle Sam Wants to Snoop on Your Monero Transactions

The United States Department of Homeland Security has announced its intention to develop a monitoring framework to effectively track Zcash and Monero transactions through enhanced forensic analytics capabilities. In a newly released document, the DHS reveals that it aims to achieve this by designing “a product to support the implementation of block chain based forensics, data analysis, and information sharing.” Continue reading Uncle Sam Wants to Snoop on Your Monero Transactions

Paxos Standard To Be A Base Token on Binance

An exchange is only as good as its liquidity. There are hundreds of exchanges to choose from, and many have chosen Binance, which was originally based in China and funded through an ICO. Binance is far and away the largest exchange in the world by volume and users, most days almost doubling the volume of its nearest competitor. Continue reading Paxos Standard To Be A Base Token on Binance