Cryptocurrency Analysis and News Portal
Investor Michael Terpin is suing a New York teenager for $71.4 in damages for allegedly stealing $23.8 million in cryptocurrency from him in 2018. It’s the latest legal action in a long running saga. Ellis Pinsky of Irvington, New York, along with his co-conspirators reportedly managed to snatch $23.8 million worth
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Saga Monetary Technologies has partnered with ZenGo, making the former’s SGA token storable within the keyless crypto wallet. The deal arrives at a time when interest in low volatility cryptocurrency SGA has peaked in the wake of high profile stablecoin scares. The meltdown of MakerDAO’s crypto-collateralized stablecoin issuance protocol has
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Over the last few days, the centralization versus decentralization row has erupted in earnest. In case you missed it, the activities of Tron founder Justin Sun following his takeover of blogging site Steemit have been pivotal to the controversies.Let’s briefly recap. Earlier in February, it emerged that Sun was
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Saga Monetary Solutions, a UK-based blockchain company, has come up with a daring plan to launch a stable digital currency (stablecoin) called Saga token (SGA) which will allow users to store and transfer their digital coins across borders with minimal restrictions.By design, the Saga tokens will be pegged to traditional
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Its value will rely solely on the “basket of national currencies” whose collective worth backs up SGA’s list price. Meant to mimic the International Monetary Fund’s Special Drawing Rights, a currency-like reserve asset pegged to the dollar, euro, renminbi, pound sterling and yen, this “basket” will ensure SGA’s stable price. Source
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