Scarce Open Market Supply of Top Two Gold Tokens as Concentration Levels Run High Among Top Holders
Over the final six months, the worth of an oz. of gold has witnessed a 3.8% surge in relation to the U.S. greenback. Within the...
FTX Debtors Report $8.9B Shortfall in Customer Funds and ‘Highly Commingled’ Assets in Latest Presentation
On March 2, 2023, FTX debtors launched their second stakeholder presentation, which comprises a preliminary evaluation of the now-defunct cryptocurrency change’s shortfalls. The newest presentation...
Nearly 3 Billion BUSD Stablecoins Have Been Removed From the Market in 6 Days
Six days in the past, just a few hours earlier than the blockchain infrastructure platform Paxos introduced it could now not mint BUSD stablecoins, $2.86...
Paxos Receives Wells Notice from SEC, NYDFS Orders Issuer to Stop Minting BUSD
According to a report revealed on Feb. 12, 2023, the New York-based monetary establishment and expertise firm, Paxos, has acquired a Wells Notice from the...
Dubai Multi Commodities Centre to Issue Gold Backed Tokens Using the Xinfin Blockchain Protocol
The Dubai Multi Commodities Centre (DMCC) has introduced a brand new partnership with the agency Comtech Gold with a view to digitize gold buying and...
US Law Enforcement Directs Paxos to Freeze More Than 11,000 PAXG Tokenized Gold Coins
According to the blockchain infrastructure firm Paxos, the agency has frozen 11,184.38 pax gold (PAXG) tokens held on the platform FTX.com. The regulated token issuer...
These Are the Crypto Economy’s 5 Most Expensive Assets per Unit in August 2022
On July 18, 2021, Bitcoin.com News researched the highest 5 costliest crypto property and at the moment there have been two digital currencies price 5...
2 Tokenized Gold Crypto Projects Saw Massive Growth Over the Last 15 Months
15 months in the past the value of 1 ounce of high quality gold was $1,790 per ounce and since then, it has elevated in...
Tokenized Gold Market Caps Grew Significantly Last Month as Fresh Demand Drives Premiums
While gold tapped an all-time excessive (ATH) this 12 months surpassing $2K per ounce, the highest tokenized gold crypto property by market valuation proceed to...
Demand for Gold-Backed Tokens Brings Premiums as Precious Metal’s Value Jumps Higher
While shares and cryptocurrency markets have floundered over the past week, the value of the valuable metallic gold has elevated in worth by 3.85% over...