Analyst: Europe Is Secretly Preparing for a Renewed Gold Standard

Jan Nieuwenhuijs, an expert in gold markets, believes he has found evidence that Europe is preparing to adopt a new standard. He states that the recent movements of several Eastern European countries—purchasing or selling gold to reach a determined ratio—are part of the actions leading up to this development. Analyst: Countries in Europe Equilibrating Gold […] Source link

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Standard Chartered Bank Launches Bitcoin and Crypto Custody Service in UAE

Standard Chartered has officially launched its digital asset custody service in the UAE, according to an announcement from the bank. The service has been licensed by the Dubai Financial Services Authority (DFSA) within the Dubai International Financial Centre (DIFC), following a memorandum of understanding signed in May 2023. JUST IN: $800 billion Standard Chartered bank launches #Bitcoin and crypto custody service in the UAE 🇦🇪 pic.twitter.com/dlNqdVpi0J — Bitcoin Magazine (@BitcoinMagazine) September 10, 2024 “The launch of our digital asset custody offering represents a pivotal moment not just for Standard Chartered, but…

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Connext, Alchemix launch cross-chain token standard to reduce bridge exploit losses

The Connext cross-chain bridging protocol has announced a new token standard to reduce losses from bridge hacks. According to a July 24 announcement, the new “xERC-20” standard allows token issuers to maintain a list of official bridges and control how many tokens can be minted by each. In addition to Connext, decentralized finance (DeFi) platform Alchemix Finance will implement xERC-20 tokens, the announcement stated. Connext Alchemix Today, Connext is announcing support of the xERC20 standard and onboarding projects into safely bringing their tokens to every chain. As our flagship user,…

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