Balancer, a Decentralized Finance (DeFi) Application, is set to go live on Ethereum’s mainnet after launching out of their closed beta version on March 31. This non-custodial portfolio Balancer has since announced the launch of a pool manager and token exchange in line with the latest advancements. The initiative comes at a time when crypto […]
Category: STO News
Paradigm Wins 68% of MKR Token Sold in MakerDAO Auction
The DeFi platform raised 5.3 million DAI with the auction.
BMW’s Blockchain-based Supply Chain, PartChain, For Raw Materials To Launch This Year
Known by people all over the word for their automobiles, BMW, announced they will launch a new blockchain supply solution in 2020, to no less than 10 suppliers. The new blockchain platform, PartChain has already passed successful testing by BMW last year. Previously the platform’s model of the blockchain was to ensure immediate data transparency […]
Tether Prints over a Billion USDT in March, Rising Demand or Exchange Run?
We are about to end March, a month that saw the price of bitcoin hitting $3,850 and ready to end the quarter with over 10% losses. With these losses, Bitcoin will make a red quarter hattrick while BTC price hovers around $6,400. While the price of bitcoin ranges, Tether Treasury is printing the heck out […]
Lightning Labs New LSAT Protocol Promises To Do Away With Usernames And Passwords
A statement from Lightning Labs CTO, Olaoluwa Osuntokun, revealed the specs of the Lightning Service Authentication Tokens (LSAT) which is expected to act as a ticket of some sort. The new protocol can be used as both a medium of exchange and authentication token replacing passwords and login credentials for a minimal fee. “LSAT is […]
Crypto Data Analysis Website CoinMarketCap to Be Acquired by Binance for $400 Million
Cryptocurrency data provider CoinMarketCap is set to be acquired by the top crypto exchange Binance for as much as $400 million, according to a report from TheBlock. According to the report, Binance and CoinMarketCap are in the last stages of the deal that’s going to be announced this week. This would make the 5th acquisition […]
TokenSoft Launches Major Wallet Upgrade
This week, the SEC-regulated security token issuance platform, TokenSoft introduced a major upgrade. The new functionality comes in the form of a self-managed wallet for traders. The revamped system promises to be an easy-to-use interface coupled with advanced safety measures. Notably, the upgrade falls in line with TokenSoft’s recent expansions in the market. Importantly, the […]
Bearish Narratives Still in Play for Bitcoin Amidst the Bullish Signs
Crypto exchange see record volume and signups, indicating retail investors buying the dip and open interest on perpetual swaps showing recovery Meanwhile, the bearish pressure is also there in the form of the stock market not bottomed yet, PlusToken and Mt. Gox trustee potential sell-off For about a fortnight now, the price of Bitcoin is […]
France’s Central Bank Requests Proposals For CBDC ‘Experiments’ To Show Use Cases
The Banque de France made public on March 27 a request for digital currency experiment applications, in an attempt to understand the mechanisms and risks CBDCs pose in the eurozone. France comes upfront when it comes to the digital currencies debate, being the eurozone member with the highest profile as far as launching a CBDC […]
Bridges to Bitcoin Built on Ethereum Growing Amidst the Exodus of BTC from Top Exchanges
On March 12th, the price of bitcoin went down to $3,850 and altcoins dropped even harder that wiped out about $90 billion from the cryptocurrency market. Since then, the market has added $44 billion as Bitcoin jumps over 60% and takes altcoins up with it. However, investors are still withdrawing their funds from exchanges notwithstanding the […]
