Wrapped Bitcoin on Ethereum has officially hit $1 billion. It was around the middle of this year that WBTC started minting bitcoin at a record pace. From just under $10 million, on May 1st, the total value locked (TVL) in WBTC surged a whopping 900%. Source: DeFiPulse With the idea to bring the vast liquidity […]
Category: STO News
Total value locked in ‘Wrapped Bitcoin’ hits $1BN
Wrapped Bitcoin saw its value increase by over 900% in the space of two months Last month, for the first time, the total value locked of all Bitcoin tokenized on the ETH network topped the one billion dollar mark. This was followed by the latest milestone achievement for Wrapped Bitcoin — the ERC-20 that is […]
Trouble for DeFi tokens as market drops 25%
Top DeFi tokens have declined by 25% in seven days to see total market cap reduced to $10.2 billion A large number of the leading tokens by market cap in the decentralized finance (DeFi) market have sunk by more than 20% in the past seven days — led by Yearn.finance, Sushiswap (SUSHI) and Aave and […]
Yearn finance (YFI) dives 20% as bears target $12,000
YFI/USD has dropped 50% over the past seven days and nearly 20% in 24 hours Yearn.finance surged to highs of $44,000, blasting past Bitcoin to trade around $12,500 at the time. This was on the back of a DeFi boom that materialised so suddenly, it pushed several Ethereum-based tokens to new all-time highs. However, the […]
CoinLinked to raise funds via token offering for early investors
CoinLinked has announced that it intends to raise $5 million via a regulated security token offering (STO) to investors Southern California company, CoinLinked, announced that it intends to raise $5 million with its upcoming security token offering. The blockchain-based social network and eCommerce platform revealed it would be offering REG D 506(c) and/or Regulation S […]
Blockchain Capital’s BCAP Token Q3, 2020 Results
Blockchain Capital launched the first security token back in April 2017, this was to be the first tokenized venture fund. This STO event raised $10M USD. Today they announced that the net asset value (“NAV”) of each BCAP token as of September 30th, 2020, is $5.53, based on the NAV of the underlying venture capital […]
Pandemic Opportunities for Boosting Credit/Paying Off Debt
You’re holed up in your home these days (maybe venturing out, but probably not as much as pre-COVID-19). As long as online shopping hasn’t made you victim No. 1, your spendy-spend habit might be all but gone. You aren’t planning month-long trips to the Seychelles and racking up mounds of credit card debt at the […]
IOHK and United Nations Launch $10,000 Hackathon to Fight Hunger & Climate Change Using Cardano Blockchain
IOHK announces a partnership with the United Nations. The Cardano-developer will launch a hackathon targeting the millennium development goals (MDG). The Input-Output Hong Kong (IOHK) development team is partnering with the global humanitarian organizations, the United Nations (UN), launching a hackathon to end poverty, hunger and solve climate change. The hackathon will have a top […]
Google Cloud Partners With Block.one to Become an EOS Block Producer
Google Cloud joins the EOS blockchain network as a block producer (BP) after a successful vote from current EOS token holders. The search engine subsidiary becomes the first high-level Silicon Valley firm to join the EOS BP network. In an official statement online, Google confirmed they would join the EOS community and participate as one […]
UNI Holders Continue to Increase as Uniswap Dominance Jumps 24% in Just Over a Month
While centralized cryptocurrency exchanges struggle to live, with at least 75 of them closed down due to hacks and scams so far this year, Decentralized Exchanges (DEX) are leading 2020. These past couple of weeks, even big exchanges like KuCoin and BitMEX weathered some storms. Decentralized Finance (DeFi) has some part to play in this. […]
