Tag

Stablecoin
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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19
Jun

Xank Token Distribution and Lockup Schedule

Hello Xank community, Today, we’d like to share with you Xank’s token distribution and lockup schedule in a single post so that you guys don’t have to go through our various papers to find this information. Let’s get right into it! Token Distribution A total of 1,000,000,000 (one billion) tokens are currently issued, and this...
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29
May

Xank Monthly Report May 2020

Hello Xank community, As we always do, we’ve had a very eventful month of May. Let’s take a look at the developments we saw this month. Listing Announcement Xank was listed on ProBit Exchange on May 4, 2020. Xank is now trading on two markets, XANK/KRW and XANK/USDT. You can read the official ProBit announcement...
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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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20
Jul

Xank Presents at the World eSports and Blockchain Summit Singapore 2019

The World eSports and Blockchain Summit is a global blockchain and eSports conference for discussing the present state of blockchain technologies and providing an outlook into what the future holds in the space. Held at the prestigious Marina Bay Sands Convention Center, the summit gathered hundreds of eager participants who shared their perspectives on regulation,...
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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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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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05
Jun

Why Stablecoins Will Play an Important Role in the Future of Finance

Bitcoin and cryptocurrencies are garnering a lot of attention right now. Prices are improving, the collective cap has doubled since the start of the year, and new products are continually emerging. In many ways, it feels like the dream of crypto enthusiasts is finally getting back on track. Interestingly, this most recent surge is also...
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03
Jun

Xank Reaches Cooperation Agreement with Jinhua Northeast Chamber of Commerce Federation

Xank, the next generational stable transaction coin, has revealed on May 31st that it has reached a cooperation agreement with Jinhua Northeast Chamber of Commerce Federation on May 29th.
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28
May

Crypto Adoption is Surprising Slow. Here’s Why.

At times, the cryptocurrency movement can feel like a ubiquitous and inevitable move toward the future of finance and technology. Its supporters are, to say the least, very supportive, and new headlines continue to appear on news feeds that show improving institutional, enterprise, and governmental interest in both digital tokens and its underlying technology, the...
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