The partnership will see banks across the globe seamlessly integrate cryptocurrencies across their financial products Swiss banking software giant Temenos AG has selected blockchain fintech firm Taurus SA as its partner on a project that should see the latter help over 3000 banks access and integrate digital assets. Currently, one out of every two banks […]
Category: STO News
“Don’t Give Me Power in Your Project,” says Ethereum Co-founder on Burning SHIB Tokens
After tanking the prices of Dogecoin-inspired meme coins, Ethereum co-founder Vitalik Buterin has burned a ton of SHIB tokens. The price of SHIB tokens fell about 58.5% the day Vitalik donated a big chunk of SHIB supply along with other dog-based coins to charity. After falling in tandem with the broad crypto market over the […]
Yearn BuyBacks Another YFI Dip; But in Current Form, DAO Treasuries ‘Set Up For Financial Failure’
Continuing with its buyback and build theme, Yearn project has purchased an additional 8.15 YFI for $408,000 at an average price of $50,121 per YFI. This purchase also includes two previous smaller buybacks that weren’t announced by the team; the last one was bought at $60k. “Tradfi companies do buybacks on the way up. Yearn […]
All that Triggered Bitcoin’s Crash, But Only 15% and Is Already On Its Way Back Up
As the internet puts it, “Elon woke up and chose violence.” There’s never a dull day in crypto and this week took it even further. Bitcoin has already been reeling from Tesla CEO Elon Musk talking about Bitcoin using an “insane” amount of energy. Crypto Twitter spent all week trying to make him, millions of […]
Musk Confirms Tesla Hasn’t Sold Its Bitcoins
Tesla founder Elon Musk said today that the company is holding its Bitcoins (BTC). “To clarify speculation, Tesla has not sold any Bitcoin,” tweeted Musk. The speculation started after Musk started debating the merits of Bitcoin on Twitter. Specifically, after he replied “Indeed” to the following tweet by user @cryptowhale: “Bitcoiners are going to slap […]
Increasing Prices of Cryptocurrencies Prove There is Real Demand, Says Mark Cuban
In a recent 10 tweet thread, American billionaire entrepreneur and investor Mark Cuban weighed in on the present situation and the way forward for blockchain technology and funding. He concluded that current prices are more about the potential of crypto projects, but it is gradually moving in the direction of reflecting the actual demand & […]
Investing in BakerySwap (BAKE) – Everything You Need to Know
What is BakerySwap? BakerySwap is where decentralized finance merges with NFTs in the Binance Smart Chain. There are several blockchains in the crypto world, including Ethereum, Polkadot, Tezos, Tron, etc. Among these blockchains, the Binance Smart Chain stands tall with its fast and cheap services. Transactions on BSC cost as little as a few cents. […]
Investing in Shiba Inu (SHIB) – Everything You Need to Know
Shiba Inu (SHIB) is the latest breakout meme token to capture the interests of the blockchain investment community. This token is seen by many as a knock-off of the Dogecoin in that it also borrows inspiration from the famed Shiba Inu. Additionally, both projects were created with a light-hearted approach. However, there are some significant […]
Sushiswap’s SUSHI is the “Most Undervalued Token,” says Arca CIO Jeff Dorman
After bottoming out at about $10, SUSHI is back to moving towards its all-time high of $23.38 as it trades around $17.5. If Bitcoin doesn’t correct and takes the entire crypto market down with it, SUSHI has a good chance to rally here and make a new ATH just like other cryptos. BTC -5.15% Bitcoin […]
State-Owned Swiss Bank Launches Crypto Trading App
PostFinance, the national postal service of Switzerland’s baking subsidiary, has collaborated with the online trading platform Swissquote to launch a stock and crypto investment app. Introduced at a virtual event on May 11, Yuh (pronounced “yoo”) is a mobile app that enables users to save and pay funds and invest in various assets. In terms […]
