[ad_1] The huge reserves of greenhouse gases, frozen deep beneath the seabed, are starting to disintegrate at an alarming rate. This is according to an international team of scientists whose preliminary results were recently reported The Guardian. These deposits, technically called methane “gas hydrates”, are often described as “burning ice” …
Read More »Bitcoin’s market capitalization is more valuable than the IMF’s reserves of special drawing rights
[ad_2][ad_1] At its current price per unit, the market valuation of the decentralized cryptocurrency Bitcoin exceeded the overall value of the International Monetary Fund (IMF) Special Drawing Rights market (SDR 281 billion). Since the massive drop in the global market on March 12, bitcoin has risen more than 323% from …
Read More »Circle Publishes Another Third-Party Audit of USD Reserves for Stablecoin USDC
[ad_1] Goldman Sachs-backed Circle has published a third-party audit of its USD-pegged stablecoin USD Coin (USDC) for the second time, according to a company blog post Dec. 18. USD Coin – an ECR20 tokens first announced this May and released in September – 1 year by a swathe of new …
Read More »Nick Szabo: central banks can switch to cryptocurrency reserves compared to gold
[ad_2][ad_1] Economy At the Israeli summit Bitcoin at Tel Aviv University on January 8th, veteran cryptographer Nick Szabo explained that the use of censorship-resistant cryptocurrencies will increase in countries sanctioned by trade and economies suffering from a failed monetary planning. Szabo also said that central banks in the world could …
Read More »Updating of the eToro market: digital reserves
[ad_1] Hi everyone, Last night we saw a potentially innovative title … Unfortunately, this is not an official declaration of the Russian Federation, but of an economist named Vladislav Ginko, who is part of a group of state experts. However, the idea seems tempting. Following my recent discussions with Professor …
Read More »Central banks could move to Crypto to support reserves
[ad_2][ad_1] Cryptocurrency pioneer Nick Szabo said central banks could soon turn into cryptocurrencies to strengthen their reserves, according to Finance Magnates on January 9th. Szabo is a veteran cryptographer, having developed the concept of "BitGold" – a digital currency focused on privacy, not implemented, pre-Bitcoin (BTC) in 1998. It is …
Read More »Mastercard wins the patent for "Manage fractional reserves of the blockchain currency"
[ad_2][ad_1] Mastercard has won a patent for the fractional bank cryptocurrency, which suggests that the global payments corporation has plans for a fractional reserve management system of currency blockchain. The Mastercard Blockchain patent integrates the existing traditional payment networks with blockchain currencies The patent, filed on 29 June 2018, refers …
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