By successfully democratizing stock trade for the masses, Robinhood infuses the financial arena with a new level of zeal and flexibility. Kodak shares are the latest example of this phenomenon. Robinhood users hurled to buy them upon hearing Kodak was a recent beneficiary of a $765 million government loan. As a result, the number of […]
Category: STO News
HashStacs to develop blockchain for tracking investor holdings
Singapore-based HashStacs announces partnership with Bursa Malaysia Berhad for the development of Project Harbour Project’s Harbour is focused on offering Bursa Malaysia’s Central Securities Depository (CSD) an alternative to facilitate growth — as discussed in a press release by Bursa Malaysia. The blockchain-powered platform will allow the tokenization of bonds to enable investors to track […]
tZERO Update: Successes and Preparations for Capital Raise
As the digital securities sector continues to mature, there are a few companies leading the pack – one of which is tZERO. In a recently released recap of the company, and status of its various endeavors, new light was shed on what tZERO‘s next moves may look like. More Funding? Moving forward, tZERO is looking […]
Binance Opens Fiat-to-Crypto Trading Platform for the Australian Market; Ran by TravelbyBit Exec
Binance has launched a new fiat-to-crypto platform for the Australian market, a move that will enable its users from the down south to be able to buy digital assets as well as trade them against the local currency, AUD. The crypto exchange announced the milestone in a blog post on July 28, noting that Australians […]
TradeStation Launches New Features for Cryptocurrency Trading Platform
Despite the adverse effects of COVID-19, the cryptocurrency sector appears to be growing. This is evidenced by the myriad of new features, services, and platforms that are being introduced into the ecosystem. One of the newest of these comes courtesy of TradeStation. TradeStation Launches Crypto Trading This information is made available via a July 29, […]
Several Catalysts Will Drive the Demand for the Scarce Digital Asset, Bitcoin: Fidelity Report
Bitcoin’s inherent properties have given rise to the perspective that the digital asset could be a store of value, states Fidelity in its latest report on Bitcoin Investment Thesis. It is actually an “aspirational” SoV, creating value as it matures into a store of value. Fidelity likened investing in bitcoin today to investing in Facebook […]
Cardano sees price dip after launch of Shelley Upgrade
Cardano is trading just above $0.1399 as bulls look to steady prices after a 6% drop The price of Cardano against the US dollar has dropped by about 6% in the past 24 hours. As of writing, bulls have clawed back some of the losses incurred in the last trading session and are aiming for […]
DeFi App, Aave, Releases Aavenomics Upgrade as It Prepares to Launch Its Governance Token
Aave, the Ethereum based DeFi protocol, has released a tokenomics upgrade proposal dubbed ‘Aavenomics’ that will define its shift to a more decentralized governance ecosystem. The firm announced this milestone on July 29 via a medium blog, noting that it is another exciting phase for Aave. Aave’s founder and CEO, Stani Kulechov, has since confirmed […]
Bitcoin: No More Selling Pressure from $5.7 Bln PlusToken Ponzi Scheme as Chinese Police Arrest 82 Key Members
Chinese police have finally arrested all 27 primary suspects involved in the Plus Token Ponzi scheme. The investigation led by the Ministry of Public Security successfully arrested all the major suspects and 82 key members of the case, reported Chinese financial news outlet CLS. The Multi-level marketing (MLM) scheme has reportedly grown to 3,000 layers […]
Cardano’s Long-Awaited Shelley Mainnet Launches; Over 500 ADA Staking Pools Open
After a long three year wait, the Cardano development team finally launched the Shelley network following a successful hard fork from the Byron mainnet. The upgrade includes several new features, including new staking pools and a new user=delegation platform, starting Cardano’s journey to full network decentralization. Launched on Wednesday, the Shelley upgrade currently has over […]
