The COVID-19 outbreak has had a significant impact on practically all aspects of life, including the business world. Many companies were forced to temporarily cease operations as a result, and some even shut down altogether. In response to this, the United States government announced a Paycheck Protection Program for small businesses. PPP Fraudster Transfers Funds […]
Category: STO News
OMFIF Founding Member: We May See “Major” CBDC Adoption in Next Five Years
Sky Guo is a founding member of the OMFIF Digital Monetary Institute — a global banking think tank. Recently, the organization has helped policymakers navigate Central Bank Digital Currencies (CBDCs). Sky recently sat down with The Tokenist to speak on a number of important issues related to CBDCs. The Tokenist (TT): Hello Sky, thanks for […]
Lead Real Estate to Issue Digital Securities in Capital Raise with Help from Securitize, GRIP, and Rialto
Japanese residential and commercial real estate developer, Lead Real Estate, has announced its intentions to host an upcoming capital raise. Through an alliance with various service providers (Securitize, GRIP, Rialto), Lead Real Estate will be hosting this event on a global platform. The capital raise will take shape as a digital securities offering (DSO), as […]
FTX Rolling Out A Derivatives DEX Is The ‘Start of an Entirely New DeFi Ecosystem’
Crypto derivatives exchange FTX is going full-on in DeFi (decentralized finance). The exchanges unveiled its alternative exchange for the fast-growing DeFi space today that will be built on top of scalable blockchain Solana. Why Solana? FTX CEO Sam Bankman-Fried clarifies the reasons for choosing to run it on Solana in blunt terms. “It’s own fully […]
The Economic Implications of South Africa’s Proposed Basic Income Grant
In a recent discussion initiated by the Department of Social Development of South Africa, there was mention of introducing a basic income grant for every South African citizen of working age. Being a somewhat theoretical offspring of the recent COVID-19 Social Relief of Distress (SRD) grant, the Department says the people will continue experiencing economic […]
Brave Partners With iOS Firewall Developer, Guardian For Privacy-Enhanced Internet Browsing
Brave Software partners with iOS VPN creator Guardian Firewall + VPN, to integrate their technology to build the safest, fastest, and most private web browser on Apple devices. The privacy-focused firms aim at providing maximum security for your data and unwavering control over your data while using the “Brave Firewall + VPN, powered by Guardian”. […]
ESPN to Launch Blockchain-based Gaming Platform With Bitcoin & Crypto Payments
E-Sports Programming Network (ESPN Global) has integrated online gaming with blockchain technology. Currently, the platform — a “blockchain-based gaming revolution,” is under the pre-launch phase, which will allow users to win cash by winning battles and tournaments. It will further allow players to make “deposits and withdrawals using bitcoin and other variety of crypto-currencies.” In […]
VISA announces global plans for crypto payments – will go global with major tokens
The major payments service will be implementing crypto into their payment system with the help of existing crypto trading platforms In a recent press release, Visa announced its move into the digital currency space by integrating crypto transactions with its global network of 61 million merchants. The platform will support 25 different cryptos, including Bitcoin, […]
Newly released YFI token sees 11,000% growth – is this sustainable?
The DeFi race continues to heat up as the Ethereum-based governance token YFI hit an all-time high of $4,664 The YFI token seems to have caught fire in the midst of the DeFi craze due to its lucrative annual interest possibilities. In a very short time, it rose as much as 11,000%. The token is […]
Ethereum targets $400 as XRP struggles to gather momentum
Ethereum is ready to test price levels above $350 but XRP/USD looks odds on for a breakdown to $0.20 Bitcoin has exploded above $10,000 and looks set to test resistance around $10,500, which could confirm an uptrend that might see the price of the top cryptocurrency climb to highs of $11,000-$12,000. In the past 24 […]
