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New Cryptocurrency Releases, Listings, and Presales Today - Trestle, Animalia, NAVX Token

New Cryptocurrency Releases, Listings, and Presales Today - Trestle, Animalia, NAVX Token
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San Diego s Silvergate Capital buys Facebook s cryptocurrency assets, eyes possible payment service

Silvergate Bank provides bridge services between traditional and digital currencies. As a chartered bank, it could face an easier road from regulators to launch a blockchain-based e-commerce platform.

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Gold, Stocks, and Bitcoin: Weekly Overview — August 12

Gold, Stocks, and Bitcoin: Weekly Overview — August 12
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Diem and the economy

Diem and the economy January 3, 2021 The Facebook Diem is a cryptocurrency that Facebook announced on June 18, 2019. The project was announced by CEO Mark Zuckerberg, but its creators are actually Morgan Beller (staff at Facebook blockchain division), David Marcus and Kevin Weil (Novi’s Vice President of product). The original plan for the proposed cryptocurrency was to create a stable coin that would be backed by a basket of assets (currencies like the Euro, Singapore dollar, US dollar, Pound sterling), but in November 2020, according to a report by The Financial Times, Facebook announced that it would be launching the project with a slimmed-down plan that includes the currency being backed one-for-one by the US dollar as opposed to its original plan to back it up against major currencies.

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