Read the success stories of crypto entrepreneurs.

Discussions are fun when we are part of a community.
Login Free Registration

Get 10 AltcoinN Points just by registering on this forums.

Cryptophere courts gold bugs as Bitcoin loses some luster

Cryptosphere Courts Gold Bugs as Bitcoin Loses Some Luster
Olga Kharif

November 14, 2019, 7:00 PM ESTUpdated on November 15, 2019, 7:11 AM EST
  • Tether, Bitfinex plan to issue gold-backed token by Christmas
  • Pivot from Bitcoin ‘digital gold’ narrative as trading slows

The cryptocurrency world is seeing a surge in the issuance of gold-backed tokens, with some of the digital-asset industry’s biggest and most controversial participants joining in on the fresh gold rush.
The throng behind the Tether stablecoin and the Bitfinex trading platform plan to issue Tether Gold before Christmas. The token will be backed 100% by bullion reserves, according to Paolo Ardoino, who serves as chief technology officer for Bitfinex and Tether.

Cool one

Possibly Related Threads…
Thread Author Replies Views Last Post
  What does Bitcoin provide over PayPal? frankbobo 0 70 06-20-2020, 08:34 PM
Last Post: frankbobo
  Brazilian Man Arrested for Travelling with Gold Myzzdorusel 0 119 03-20-2020, 11:48 AM
Last Post: Myzzdorusel
  Fed Fails to Calm Markets; Bitcoin, Gold Slide Alongside Stocks Kaykaley 0 153 03-19-2020, 08:35 PM
Last Post: Kaykaley
  Bitcoin Still Under Key Level Coinz 0 148 03-16-2020, 09:27 AM
Last Post: Coinz
  Bitcoin Still Under Key Level Mabel1 0 155 03-13-2020, 07:38 PM
Last Post: Mabel1