Binance, the world’s biggest cryptocurrency exchange, is initiating to launch “Venus,” by calling it as an “independent regional version of Libra,” as per the recent announcement. Binance further revealed that it is initiating a project that will develop digital assets and cryptocurrencies pegged to fiat currencies around the globe.
Binance announced that it would launch Venus digital currency considering it has a presence in various nations, has its local blockchain Binance Chain set up, and hopes to demolish the financial dominance and reshape the world’s monetary framework. Moreover, Venus is an open blockchain venture to create localized stablecoins and advanced resources pegged to fiat currencies.
Binance further stated that it invites more organizations, governments, organizations, and associations with a strong influence on a worldwide scale to work together with it for the Venus project.
Facebook’s scheduled cryptocurrency Libra has an identical structure. It expects to serve the unbanked and encourage low-fee cash transfers worldwide. Moreover, Libra is anticipated to go live at next year same time, yet it has effectively confronted investigation from politicians and national banks around the globe. Facebook has recently declared that in a risk disclosure documented with the Securities and Exchange Commission that Libra may never be released because of a considerable regulatory investigation.
Coinbase Card, a crypto-powered Visa debit card from major crypto exchange Coinbase, now supports Dai, a stablecoin pegged to the United States dollar.
Do good work, earn a "badger" - that's the idea behind a new incentive launched by Microsoft and blockchain gaming project Enjin.
Cointelegraph has announced the launch of its Cointelegraph Consulting division, which is focused on advancing enterprise blockchain adoption by helping companies understand the potential of blockchain and then matching them with enterprise vendors to implement solutions.
China's Great Firewall, used by the government to regulate access to foreign internet sites, has blocked one of the most popular sources of Ethereum blockchain data.
The Stellar Development Foundation has burned 55 billion of its XLM tokens, over half the cryptocurrency’s supply, CEO Denelle Dixon announced from the stage of the Stellar Meridian conference Monday.