Tag

Cryptocurrency
20
Nov

Xank Signs MOU with Smart Olive

Xank (CEO Kim Ryu Hyun) and Smart Olive (CEO Park Hyun-sook) announced on the 20th that they signed a blockchain business agreement on November 13th. As an electronic food stamp platform company, Smart Olive opened its service in 2016 and now has strengths in the corporate sector, educational institutions, and cafeteria services by differentiating IT...
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31
Aug

Xank Signs MOU with CNI

On August 28th, Xank signed an MOU with CNI for blockchain consulting and marketing. CNI is a domestic and international blockchain consulting and marketing agency. It is in charge of a number of domestic and international blockchain projects, managing consulting and marketing, and has a portfolio of many successful projects. Xank, the free-floating stable transaction...
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01
Aug

Xank Wallet User Guide

Hello Xank community. With the soft launch of our Xank Wallet, we think it would be wise to give you a guide on how you can best make use of our product. We’ve created this guide so that anyone, even those without any experience in cryptocurrencies, can access xank.app and enjoy our coinback (cashback, but...
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02
Jul

Xank Monthly Report June 2020

Announcements CoinMarketCap Listing We are pleased to announce that Xank is now on CoinMarketCap! You can now search for Xank and check out our market pairs, price chart, and find other relevant information.  Please click the below link to visit Xank’s page on CoinMarketCap. https://coinmarketcap.com/currencies/xank/ Blockfolio and Delta Listing In addition to our CMC listing,...
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25
Jun

Xank Signs MOU with Bytesmix

On June 24th, Xank signed an MOU with Bytesmix for technical development. Bytesmix is a software development and consulting company with an experienced team from well-known IT firms like Naver and ESTsoft. Bytesmix has been running its very own blockchain wallet and is also preparing to launch a dApp by the end of this year....
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05
Jun

Introducing the Xank Reserve

Today, we’d like to introduce the core element of Xank’s Stable Pay mechanism, which is the Xank Reserve. We hope to shed more light on how the Xank Reserve will operate to enable better, price stable transactions. Xank is unique in that the cryptocurrency itself can fluctuate in price, but it still can perform as...
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03
Dec

Central Banks Can’t Ignore the Impact of Digital Currencies Anymore

The idea of a CBDC which was mostly frowned upon till a short time ago is now being openly discussed by various Central banks Although the price action in digital currencies in Q3 has disappointed the Crypto bulls, the mainstream adoption of digital assets has continued to gain traction throughout the year. While financial regulators...
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28
Oct

Crypto Trading & Exchanges Review Q3’ 2019

5 Charts showing the state of Crypto trading & Exchanges in the Third quarter Just as the second quarter of 2019 had provided a strong bullish momentum and a ray of hope for the crypto enthusiasts from the protracted bear run, the third quarter saw bears making the rounds with Bitcoin giving up more than...
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16
Oct

Are Things Falling Apart for Libra?

The proposed digital coin by the social media giant is losing support as the big-name initial supporters quit There is absolutely no doubt that Facebook’s proposed digital payment coin got more than its fair share of attention ever since its launch in June of this year. The proposed project raised so many eyebrows since it was being...
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28
Sep

Takeaways from the BTI Crypto Market Surveillance Report

Blockchain Transparency Institute (BTI) analyzes Wash trading, Cleanest exchanges & True volumes of digital coins The launch of Bakkt Bitcoin Physical futures has been a bummer for the Cryptos. At the time of writing only 71 monthly futures contracts had traded on the new platform. Not only was the slow start a little disappointing, but Bitcoin’s price...
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12
Sep

Crypto Diaries: The Stable Coin Wars have Begun

Facebook, Chinese Central bank (PBoC) & Binance are vying for dominance in the Stable coin space As the Crypto gains from earlier this year have faded the price action points towards further weakness. The premiere digital coin Bitcoin continues to slide making lower highs, unable to hold the $11K resistance. The U.S SEC Chairman Jay...
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21
Aug

Is ‘Project Venus’ Really a Competitor for Libra?

Binance’s blockchain project will act as a platform for launching localized stable coins Top Cryptocurrency exchange Binance has been a major player wielding a lot of influence in the Cryptoverse with its broad-based ecosystem. Starting off as a digital exchange only, it has broadened its horizons to include educational initiatives, a very own native coin (BNB), an...
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06
Aug

Crypto Trading & Exchanges Review Q2’ 2019

5 Charts showing the state of Crypto trading & Exchanges in the second quarter Second-quarter for 2019 started off with a bullish momentum pulling the general crypto market out of the cold depths of the ‘Crypto Winter.’ While the gains in Alt. coins have waned since then, Bitcoin has temporarily stabilized creating a support base around...
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09
Jul

The Current State of Stable Coins in Six Charts

2019–2020 are shaping up to be the biggest years for Stable coins coming live Going through a recent report from the blockchain research group Blockdata, gives you insight into how big the whole Stable coin movement has gotten in the past 18 months or so. After a successful 2018, we are looking at another robust year...
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28
Jun

Why do we Need Cryptocurrency When we Have Mobile Money?

An unbanked person is someone who does not “have an account at a formal financial institution,” the most common institution being banks.
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25
Jun

Bitcoin is acting as the New hedge against the Global Liquidity Risk

5 Charts showing the emerging role of Bitcoin as a hedge in the 21st Century What a relentless recovery has the Crypto kingpin Bitcoin staged in the past 10 weeks or so as it finally broke the all-important $10K psychological level, last seen in Mar. 2018. Not only that, the FOMO (Fear of missing out) factor...
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18
Jun

6 Charts Showing the Stable Coins Rise and China’s Dominance of Global Demand

Stable Coins are still popular as Chinese appetite dominates Some of the most recent reports on Cryptocurrency trading volume have concluded that most of the demand is coming from the U.S. & select global exchanges. However, this hasn’t lessened the concern of the U.S regulators about the Bitcoin price manipulation. Previewing the data about the...
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10
Jun

Understanding the Common Shortcomings of Stablecoins

This month, Bitcoin went on a bull run that harkened memories of 2017 when digital currencies routinely reached new peaks before pushing seemingly ever higher. While everyone remembers the peaks, it’s easy to forget about the valleys. The price decreases that often accompany Bitcoin’s price ascendance. Volatility is the less exciting component of the digital...
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26
May

The Skewed Distribution of Wealth

The household wealth varies greatly across the Global financial spectrum depending on where you live, access to financial services & markets literacy.
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22
May

Bitcoin is Popular, But It Won’t Transform Payments Any Time Soon

After months of relative dormancy, Bitcoin is having a big month. After hovering around $4,000 for most of 2019, this spring has brought a thaw to a year-long crypto winter that has kept prices constrained. First, the digital currency broached the $6,000 price point, a critical resistance level for ultimately higher valuations. The token even...
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