Cardano has managed to grow by 1.91% in the last 24 hours, and the price movements of the past 24 hours have been in the range between 0.040845 USD and 0.043509 USD. It has shown three major price variations in this period.

Cardano opened the day at 0.041171 USD, and the first variation started at 02:35 UTC, which took the value to 0.043509 USD by 14:20 UTC. It was followed by a steep fall of 3.57% over the next 1 hour and 9 minutes and the value got placed at 0.041954 USD. The next few hours were full of volatile fluctuations, and at 17:18 UTC, it started [...]

Just a day after the announcement of OpenLibra, a decentralized fork of Facebook’s digital currency libra, the project lead is being accused of past ICO controversy.

OpenLibra co-founder Lucas Geiger first announced the project on Oct. 9, at the Ethereum Foundation’s DevCon 5 conference held in Osaka, Japan. However, Twitter user Andrew Lee was quick to call out Geiger for his previous role in the WireLine.io ICO in 2018, in which Geiger is also a co-founder. 

According to Lee, who is the founder of Web3Journal, he and several friends invested $1 million into Lucas’ Wireline ICO. Despite making the investment, Lee claims he has not heard from [...]

Bitcoin began as an alternative to gold and state-backed money. Now a company plans to issue a government-guaranteed gold-backed stablecoin.

A crypto startup is launching a token backed by government-guaranteed gold reserves, proposing it—perhaps somewhat ironically—as an alternative to volatile dollar-backed alternatives. 

The Australia-based InfiniGold is launching the “Perth Mint Gold Token,” a crypto token backed by digitized certificates representing gold held in a “network of central bank grade vaults.” Those vaults are operated by Perth Mint, a gold refiner “guaranteed” by the government of Western Australia. Each token [...]

The price of XRP plummeted by 11.23% in the last 24 hours further pushing the price of the coin to a yearly low of $0.2389. With a market cap of $10.27 billion, XRP stands third on CoinMarketCap’s list with a trading volume of only $2.32 billion. Several prominent people from the crypto community have highlighted that XRP is currently undergoing hyperinflation.

In a recent episode of Charlie Shrem’s “Untold Stories” podcast, Litecoin’s Charlie Lee was seen addressing the same. Lee pointed out that Ripple had been shunning rumors that they had printed 100 billion coins for themselves initially and argued that someone else printed them. However, Shrem revealed that they [...]