Digital asset banking platform SEBA is offering a stablecoin that serves as a token for digital ownership of gold.The token will be backed by physical gold, “ready for any time on-demand delivery,” SEBA announced Wednesday.The Zug, Switzerland-based firm said the token differs from other gold derivative investment products, such as exchanged-traded funds (ETFs) or … [Read more...] about SEBA Bank Offers Token for Digital Ownership of Gold
Gold
SEBA Bank launches regulated gold token to enable digital ownership of physical gold
On Dec. 15, SEBA Bank, a licensed Swiss digital assets banking platform, launched a regulated digital token backed by physical gold and exchangeable for delivery. SEBA claimed that due to its regulatory-compliant nature and the low volatility of gold prices, the gold token could eventually be used as a stablecoin for on-chain transactions.In other words, the design of the gold … [Read more...] about SEBA Bank launches regulated gold token to enable digital ownership of physical gold
DAOs and the Next Crowdfunding Gold Rush
The biggest crossover crypto story of the past few weeks is probably ConstitutionDAO – a ragtag group of crypto believers who raised more than $40 million in ETH, the currency of the Ethereum network, to purchase an original copy of the U.S. constitution at auction.Much has been made of the ways in which the group failed. They didn’t actually buy the constitution; their … [Read more...] about DAOs and the Next Crowdfunding Gold Rush
Bitcoin Gold
Bitcoin gold (BTG) was created when the Bitcoin Gold blockchain split from Bitcoin in October 2017 with the intention of reforming the mining process that secures the network. The community behind the project hoped to reduce the role of large miners operating capital-intensive specialized equipment by changing the underlying algorithm, giving smaller operations a chance to … [Read more...] about Bitcoin Gold
Higher Inflation Expected to Send Bitcoin and Gold Higher Into End of Year
“Our view that there has been a profound paradigm shift in the global economy: The risk of inflation being durably above official targets is now a serious risk, and it is featuring prominently in corporate and household decisions once again,” Deutsche Bank strategists wrote in a research note on Wednesday. Source link … [Read more...] about Higher Inflation Expected to Send Bitcoin and Gold Higher Into End of Year