Kowala’s kUSD Becomes First Stablecoin With Ledger Hardware Wallet Support

Dollar-pegged cryptocurrency with coin-burning and minting features to be accessible to millions of users   Nashville, TN – August 9, 2018 – Kowala, a stablecoin protocol that maintains price-pegs to fiat currencies by robotically minting and burning coin supply in accordance to user demand, announced that their flagship project, the dollar-tied “kUSD”, is the first stablecoin to win public platform support from Ledger — the world’s leader in crypto hardware wallets.     The importance of Ledger’s decision to publicly support kUSD as the first stablecoin with an app on…

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Congressional Hearings: Blockchain Leaders Share Commentary on Congressional Hearings on Digital Assets.

  As reported earlier today, two U.S. Congressional Hearings on Cryptocurrencies commenced yesterday to debate the future of digital assets and cryptocurrency.  The hearings were live-streamed and viewed by many blockchain and cryptocurrency experts globally.  Guy Hirsch, US Managing Director of eToro, he believes the hearings are a “great step in the right direction.”     A number of Industry leaders have shared their takeout from the hearings:-   Deepak Jain, CEO of Swych said “The banking system has taken a century to barely cover half the world while the…

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Bithumb hack emphasizes need for Security in Crypto Industry

Korean Crypto Exchange Bithumb lost more than $30 million in the most recent crypto hack, further emphasizing the need for security in the industry. With blockchain technologies, the repercussions of a hack are much greater than in traditional technology.  Bloomberg reported that Exchanges are a juicy target for hackers, with more than a billion dollars worth of cryptocurrency being stolen.     In response to the latest hack, industry leaders highlight the importance to build confidence in the industry, follow best practice, implement a regulatory framework as well as decentralise…

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