Tag: Digital

Digital Token Issued In Russia to Facilitate Investments in Palladium – Bitcoin News

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Transactions with digital assets backed by precious metals are beginning in Russia with the launch of a token for palladium. The rare metal, which is used in jewelry and has some high-tech applications, is not a publicly available asset in the Russian Federation. Atomyze and Rosbank Issue Digital Token for Palladium The Russian unit of Atomyze, a platform that specializes in the tokenization of commodities, and Rosbank, are starting transactions with digital financial assets (DFAs) based on precious metals. The first one is the issuance of a token for palladium,…

Austrian Post Builds the Future of Digital Stamp Collecting – Press release Bitcoin News

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press release PRESS RELEASE. Austrian Post, the national postal service of Austria, has announced the launch of its latest product called Crypto stamp art (CSA), which is based on the Ethereum blockchain. The shift to focus on going digital first is significant, since Austrian Post is a major player in the blockchain industry and have successfully sold out several iterations of Crypto stamps since 2019. Previous generations of Crypto stamps, however, mostly centered the sale around the physical stamp which was accompanied by its digital twin. The launch of the…

The Cryptocurrency Billionaires Of 2021's Digital Gold Rush | Forbes

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io It’s a digital gold rush. The surge in the value of Bitcoin and other cryptocurrencies pushed nine new crypto billionaires onto the Forbes list. As the cryptocurrency market grows, so does the industry’s three comma club. When the U.S. economy tanked in March 2020, panicked investors dumped stocks and risky assets for cash and treasuries. Bitcoin’s price fell 50% in a day, and other cryptocurrencies followed as the public braced for the unknown. Twelve months later, the prospect for digital assets has…

Bitcoin Miner Marathon Digital Signs Multiple Hosting Deals to Reach Its Hashrate View

Marathon has also signed additional deals with its existing partner Compute North to include 42MW of hosting capacity at Compute North’s facility near Granbury, Texas. Marathon expects to have an additional 14,000 miners installed at this facility, bringing the total number running near Granbury to about 26,000 miners, representing approximately 3.6 EH/s. All of the miners are expected to be installed at this facility before the end of 2022, according to the statement. Source

A New Asset Class of Digital Investment

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The digital realm has become an integral part of our daily lives. It has brought investments closer to the people, as they have become simpler and more accessible. Consequently, financial instruments such as stocks, bonds, mutual funds, and ETFs have undergone rapid digital transformation. The landscape has undergone an evolution with the advent of blockchain, which is heralding a new era of digital investments: crypto-assets. Cryptocurrencies originated with bitcoin, the world’s first decentralized, peer-to-peer money, in 2009. While the fundamental idea behind bitcoin was to establish a safe and anonymous…

ECB’s Lagarde, Panetta See Digital Euro as More Efficient Payment Means Than Crypto – Finance Bitcoin News

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Unbacked cryptocurrencies are not an efficient means of payment and stablecoins are vulnerable to runs, top officials at the European Central Bank have pointed out in a new article making the case for a digital euro. The executives have marked key objectives for the project which should provide Europeans with “easy access to central bank money” in the digital era. Trend Toward Digital Money Creates Risks, Senior ECB Officials Warn Maintaining access to central bank money is crucial for financial stability when payments are becoming increasingly digital. The digital euro…

Andorra green lights Bitcoin and Blockchain with Digital Assets Act

A small light of progress shines from Andorra, a tiny European country nestled between France and Spain. The country’s government, the General Council of Andorra, recently approved the Digital Assets Act, a regulatory framework for digital currencies and blockchain technology.  The act is split into two parts. The first regards the creation of digital money, or “programmable digital sovereign money,” which can be exchanged in a closed system. In effect, this would allow the Andorran state to create its own token. The second half of the act refers to digital…

Funko Plans to Launch Jay and Silent Bob NFT Collection via the Digital Collectibles Platform Droppp – Blockchain Bitcoin News

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Three months ago, Funko Inc., disclosed that it was entering the non-fungible token (NFT) industry when it announced it acquired a majority ownership stake in the NFT startup Tokenwave. At the time, Funko’s CEO Brian Mariotti explained that “Funko Pop digital NFTs” have the potential to be a “game-changer.” On Friday, Funko announced the company is launching a new NFT collection featuring Jay and Silent Bob from the filmmaker Kevin Smith’s Clerks films. Funko to Introduce Jay and Silent Bob Non-Fungible Tokens and Corresponding Physical Versions The cult classic characters…