The coronavirus is hitting hard — not just against the health and well-being of people across the globe, but financial markets as well. Stocks are plunging. The coronavirus will undoubtedly hurt your retirement investments — if it hasn’t already. But that doesn’t mean you can’t do anything to alleviate the situation. The Coronavirus and Your […]
Category: STO News
Russian Govt Looks To Block Censorship-Resistant Tech; IoT, TOR, and Telegram’s TON
Russia’s communications regulator, Roskomnadzor, is looking for contractors who can block networks that are resistant to censorship. According to a publication by General Radio Frequency Center on March 3, the communications watchdog is seeking technical solutions to get rid of unwanted platforms that often host extreme content. Some of the platforms that have been officially […]
2020 US Presidential Candidate Proposes Launch Of AmeriCoin Backed By ‘All’ Federal Assets
This 2020 Presidential candidate proposes a token to help Americans achieve the “American dream”. Libertarian candidate, Adam Kokesh, appointed well-known cryptocurrency advocate – Alastair Caithness – as head of blockchain policy, with a dream to launch the AmeriCoin. According to Kokesh, the proposed token will enable the American government to relinquish power back to the […]
Why Italy Needs a Financial Bailout to Combat the Coronavirus
As of March 12th, 2020, Italy has expanded its lockdown to include the entire country. With many unable to work, earn income, and pay their debt, the country is entering a stage of significant financial risk. It is now estimated that the country will need a €500 – €700 million precautionary bailout. Italy’s Bailout from […]
Binance’s US Dollar Backed Coin, BUSD, Surpasses $115 Million in Market Cap
Binance stablecoin, BUSD, hit the $100 million market cap on March 10 following exponential growth in the past few months. Stats show that this U.S dollar-backed crypto coin has gained significantly given it was recently at $22 million. As it stands BUSD is ranked 6th in market cap amongst stablecoins, Tether dominates this space with […]
Cynopsis, Tokeny Partner to Boost Compliance Offerings
The two companies will join their offerings, creating a secure tokenization process.
Why the Coronavirus May Significantly – and Unexpectedly – Hurt Google Stock
Everyone knows Google as the premier search engine of the world. But did you know Google’s efforts in the travel business are estimated to be worth over $100 billion? With global travel already affected significantly, the coronavirus could have a major — yet largely unforeseen — impact on Google stock. How Google Is Actually a […]
Provenance Facilitates Securitization & Issuance of $150M in Bonds
$150 Million A group batch of loans, structured as HELOCs, have successfully been securitized and issued as bonds to investors on Provenance, by a group of enterprising companies. This process saw $150 million worth of these asset-backed loans undergo the process, entirely with the use of blockchain. Figure Technologies, who spearheaded the endeavour, believes that […]
Top Bitcoin, Blockchain and Cryptocurrency News Stories From February
February was the month when fear gripped financial markets; with stock markets tumbling in the face of worldwide fears of Coronavirus. But that didn’t halt progress towards further development and regulations. So much so that Democrat presidential candidates were pitching crypto policy ideas this month. Here, we chronicle some of the most impactful events from […]
Facebook-led Libra’s Plan To Bank the Unbanked Gets A New Rival; Celo’s Alliance for Prosperity
The blockchain project Celo and the Silicon Valley mobile payments team behind it, cLabs, have formed an alliance with over 50 heavy hitters. Rivaling that of the Facebook-led Libra Association. Many investors and blockchain firms, including Anchorage, Coinbase Ventures, Bison Trails, Andreessen Horowitz, and just announced, cold storage crypto wallet Ledger are committed to promoting […]
