In our “National Cryptocurrencies” section, we cover government-backed digital currencies and state initiatives related to blockchain technology. Here you will find news about central bank digital currencies (CBDCs), national crypto projects, and the role of digital money in modern economies. Read the “National Cryptocurrencies” section on ForkNews to stay informed about how countries are developing their own digital currencies.
Ticket Monster (TMON) is an e-commerce company with approximately $4 billion in sales. On Wednesday, the company issued a press release saying it had raised $32 million to issue a new stablecoin, Terra, in addition to its existing Luna token, which is collateralized on the company's blockchain platform.
Last week, EOS was at the very beginning of an ascending parallel corridor. However, the price of the token has jumped 55% over the past week amid the decision to roll out a new voting system. Such a breakthrough allowed EOS to break out of the barrier that had been keeping the token within a narrow framework for a long time.
After yesterday's lull in narrow consolidation, moderate growth could resume today
Bithumb, one of the largest cryptocurrency exchanges in South Korea, is renewing its contract with Nonghyup Bank and will reinstate new account registrations. Korean news agency Yonhap reported on Wednesday that Bithumb and Nonghyup plan to sign a contract on August 30 that will allow the exchange to register virtual accounts for cryptocurrency traders.
The sixth best cryptocurrency has added 7% to its value over the past 24 hours. Stellar also reached a transaction volume of $3.18 million.
As part of the country's new unique immigration policy, Hong Kong is offering jobs to experienced blockchain professionals from around the world who can contribute to the country's economic development.
This year, Bitcoin has surpassed PayPal in the value of processed transactions amounting to more than $1.3 trillion.
The price of altcoins, after a pullback from yesterday’s highs, is consolidating to continue growing
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