A lot of talks have emerged on the possibility of the Federal Reserve issuing a digital dollar as part of the $2.2 trillion dollar stimulus package to fight the COVID-19 pandemic being a key turning point in the discussions. Now, an Ethereum-based project is accelerating its efforts in the development of a platform that will […]
Category: STO News
TokenSoft Partners with Ex-Military Cyber Firm Hub Security
This week, the token issuance platform, TokenSoft made major upgrades to the security of its systems via a partnership with Israel’s ex-military cyber firm Hub Security. The maneuver gives Tokensoft access to some of the most advanced security features in the world. As such, the partnership bolsters the firm’s market positioning in a major way. […]
Investors Plan Exit as Telegram’s Token Distribution Delays
The company promised to distribute the token by the end of April.
How Will the Coronavirus Stimulus Package Impact the US Dollar?
The coronavirus stimulus package is expected to inject more than $2 trillion into the US economy. Not too long ago, the US Federal Reserve (Fed) reported $1.75 trillion in circulation. While the bill is bringing much needed aid, how will another $2 trillion from the coronavirus stimulus package impact the value of the US Dollar? […]
Coinbase Wallet Users Can Now Earn Interest From DeFi DApps Directly In The App
The Coinbase Wallet has just integrated with decentralized finance (DeFi) apps in order to allow its users to lend crypto assets and track the growth of their interest straight from the wallet app. As an announcement made by Coinbase on Wednesday says, Coinbase Wallet users are already putting millions into DeFi platforms through the wallet’s […]
Telegram Challenges Court Decision over GRAM Token Distribution
The SEC, in its request for a halt, said once the tokens were delivered, billions of Grams would be sold into US markets.
Crypto Lender Nexo Now Allows Retail Investors To Use PAX Gold (PAXG) As Collateral
Renowned crypto lending firm Nexo has opened up the possibility of retail investors to use PAX Gold (PAXG) as a collateral option against loans. The firm had previously launched a pilot scheme on the same but the services were only available to institutional investors only. The pilot saw a high demand for the gold-backed credit […]
EOS Block Producers Reach ‘Strongest Consensus’ In Approval Of Worker Proposal
The EOS Worker Proposal, which is famous for being very controversial, was announced by the most important EOS block producers that it went into its first execution stage and is supported by many participants to the network. One of the leading EOS block producers, EOS Nation, reported that many Eosians agreed to support the new […]
DLT Replacement of ASX ‘CHESS’ Program Delayed
Inevitable Delay Dating back to 2015, the ASX has been developing a replacement for their ‘Clearing House Electronic Subregister System’, also known as ‘CHESS’. While they have a plan, and it is in motion, the popular exchange has suffered various setbacks along the way. The latest of which is due to COVID-19. With so much […]
SEC Files Charges Against ex-Senator David Schmidt – Meta 1 Coin
This week, the Securities and Exchange Commission (SEC) continued its ICO crackdown campaign. This time regulators announced charges against former Republican Washington state senator David Schmidt and two other individuals for their roles in the 2018 Meta 1 Coin scam. The fraudulent ICO left investors out of millions. Now the SEC seeks retribution for those […]
