Logo


Al Kasir Group Plans to Introduce Diamond-backed Crypto Assets

  • Published on: Apr 16, 2018 - 8:24 AM
  • Source: Live Bitcoin News

Most cryptocurrencies do not have their value pegged to anything. In the case of Bitcoin and Ethereum, that is not necessarily a big problem. Over in the UAE, however, the goal is to remove as much speculation from the cryptocurrency industry as possible. As such, Al Kasir Group has announced a new diamond-backed crypto asset, which will be launched very soon. There are different kinds of currencies linked to tangible assets. More specifically, it appears there is a growing number of currencies backed by oil, gold, and other resources. In the UAE, Al Kasir Group is taking this concept one step …

Read More


More Bitcoin News

On Chain VS. Off Chain Governance: The Ins And Outs (Coin Journal)
OKEX Halts ERC20 Deposits Following Discovery Of Critical (Coin Telegraph)
Bitcoin Price Sees Less Volatility Compared to Altcoins for a (The Merkle)
“I’d Put New Money Into Bitcoin, Not Bitcoin Cash”, Says (Coin Telegraph)
Bitcoin Miners Arrested for Alleged Power Theft (Coindesk)
$10K on Hold As Bitcoin Sees Price Pullback (Coindesk)
Bitcoin, Bunnies, and Brothels! The Day Has Come Where Pleasures (Cryptovest)
Chinese Police Confiscate 600 Bitcoin Mining Machines (Live Bitcoin News)
Venture Capital Firm Sequoia Sues Binance Founder Over Funding (Coin Telegraph)
ZCLassic (ZCL) Spikes Dangerously on Vague Rumors (Cryptovest)
Republic of Georgia Emerges as a Global Leader in Cryptocurrency (Bitcoinist)
More on MyEtherWallet Saga: Attackers Have 25K Ether Stockpile (Cryptovest)
Bitcoin in Brief Wednesday: Crypto Leakers, Hackers and Rappers (Bitcoin.com)
ICOs Offer SAFTs to Navigate Through SEC Regulations (Cryptovest)
China’s Official Gov’t Auditor Considers Blockchain To (Coin Telegraph)
Sequoia Sues Cryptocurrency Exchange Binance for Alleged (Live Bitcoin News)
Sequoia Sues Crypto Exchange Binance After Investment Deal (Coindesk)
Chinese #Metoo Movement Turns to Ethereum to Evade Censorship (Coindesk)
Bank of China HK Uses Blockchain for 85% of Real Estate (Cryptovest)
Andreessen Horowitz Leads the Fight to Prevent SEC From (Bitcoinist)
PR: Utrum to Launch Innovative Blockchain Platform Solving Trust (Bitcoin.com)
Litecoin (LTC) Sees Bullish Sentiment, Can it Rise to $1,000? (Cryptovest)
Bitcoin Cash Price Undergoes Steep Correction After Solid Gains (The Merkle)
EY Trials Proprietary Blockchain Audit Technology (Cryptovest)


Frontpage