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Tag Archives: Backed

QuickX Announces Token Sale Backed by Former Malta Finance Minister

This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. QuickX is proud to announce their upcoming token sale, backed by the former finance minister of Malta, John Dalli. QuickX To Solve 4 Main Problems With QuickX Protocol QuickX looks to solve 4 ...

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New Stablecoin Backed by the Euro, EURS

A Malta-based company Stasis has launched a new stablecoin called EURS. EURS is backed by the Euro and should trade on a one-for-one basis. The coin has been built on the Ethereum EIP-20 standard platform and has already begun trading on London-based exchange DSX already. DSX predict the order volume to reach $500 million USD by year-end. Stablecoins: EURS and Tether ...

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Cereal, the crypto asset backed fiat loan platform, Adds MIT Professor John R. Williams as Advisor

“The Cereal business model is one of the best I’ve seen in the blockchain space.” The Cayman Islands, June 30, 2018 — Cereal, a fintech startup & blockchain platform for crypto asset and mining rid-based lending market, has announced that prominent MIT professor John R. Williams has joined the team taking an advisory role. “I’m excited about Cereal because they ...

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Bahamas is Launching a State Backed Cryptocurrency, is it Legitimate?

As Freeport, Grand Bahama Island continues its quest to become the Silicon Valley of the Caribbean by hosting the 2018 Bahamas Blockchain and Cryptocurrency Conference its central bank has announced plans to pilot a digital currency. Bahamian Dollar to go Digital Deputy Prime Minister and Minister of Finance, the Hon. K. Peter Turnquest made the announcement during the conference as ...

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Tether Fully Backed by USD, Law Firm Founded by Fmr. FBI Director Says

Controversial cryptocurrency startup Tether has released a “transparency update” indicating that its dollar-pegged USDT token, which had a $2.55 billion market cap as of June 1, is fully backed by physical dollars deposited in two separate banks. Released on Wednesday, the report was a product of Freeh, Sporkin & Sullivan LLP (FSS), a legal firm founded by three former federal ...

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War of Crypto Creates History by Offering Pre-Sale Items Backed by Cryptocurrency

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. SINGAPORE, ...

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New Solar-Powered Crypto Mining Outfit Blasts Off, Backed by Star Trek’s Shatner

William Shatner, the former fictional Captain Kirk from Star Trek, is the spokesperson for a new solar-powered cryptocurrency mining facility, according to a press release published yesterday, June 13. The recently acquired mining warehouse, located in Murphysboro, Illinois, covers 165,000 square feet and was purchased for a “nominal cost” by Solar Alliance Energy as part of a green energy jobs ...

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Bitcoin Mining Manufacturer Canaan Confirms IPO Filing, Backed By Major Banks

Chinese Bitcoin mining hardware manufacturer Canaan Creative plans to start trading of its IPO as soon as July, Bloomberg reports May 16. Canaan, which confirmed rumors it was planning an IPO with a filing this week, will likely create the largest Bitcoin-focused offering yet seen when it debuts on the Hong Kong stock exchange. Citing anonymous sources, Bloomberg added that ...

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