On March 9th, 2020, popular trading platform Robinhood was down again. Last week, on a record-setting day for the stock market, Robinhood was down periodically — suffering outages which lasted nearly two days. Lawsuits even emerged. Now, with Robinhood down again, speculation is surfacing over disruptive FinTech trading platforms’ ability to handle extreme cases of […]
Category: STO News
Blockchain-based Privacy Browser Brave Jumps To 4 Million Daily Active Users
It seems that the cryptocurrency-powered web browser Brave is more and more popular, as it has surpassed the 4 million number of daily users. Brave was co-founded by its chief executive Brendan Eich, who used to be a CEO for Mozilla. In a recent tweet, Eich says Brave has 12.2 million users a month. Besides, […]
AZ Congressman Gosar Updates ‘Crypto-Currency Act of 2020’ Bill To Provide More Clarity
The US congressman Paul Gosar just introduced the Crypto Currency Act of 2020 that aims to bring more clarity on which regulator should cover digital assets. The bill proposal says digital assets should be divided in 3 categories: crypto commodities, crypto securities and crypto currencies. These 3 should be governed by the Commodity Futures Trading […]
DBRS Morningstar Grants 1st-Ever Ethereum Security Rating
However, DBRS Morningstar also said that the ethereum tokens are only “digital representations” of ownership.
PlusToken Wallet Moves 13K BTC to Mixer: Another Sell-Off Imminent?
According to blockchain analyst Ergo, the alleged crypto scam has been continuously selling off its supply of BTC.
Ethereum Price Crashes 13%; Co-founder Vitalik Buterin Sees ‘Increased Network Privacy’ Coming
As the Bitcoin price took a hit, so did the price of altcoins. Ethereum is down about 13% trading at $216 while managing the trading volume of $487 million on the top ten exchanges with real volume. “ETH on the daily level around $228-229. It looks very bad. Losing it and I’d be aiming for […]
First Lawsuits Emerge After Robinhood Down on Record Day
On March 2nd, 2020, Robinhood suffered serious outages. The popular trading app — used by 10 million investors — was down for nearly two days. One of those days just happened to be a record setting day for the Dow Jones Industrial Average. Now, class action lawsuits are emerging as traders seek compensation for missing […]
KlickOwn Partners with Netfonds on New Tokenization Platform
This week, Hamburg-based tech startup KlickOwn announced the formation of a strategic partnership with the leading financial platform Netfonds AG. The maneuver is part of larger plans to launch a blockchain-based management and marketing tokenized real estate platform. The news demonstrates further tokenization in the EU market. KlickOwn Platform The updated KlickOwn tokenized real estate […]
Arca Funds Seeks to Tokenize US Treasury Bonds
This week, Arca Funds announced it will seek regulatory approval to begin tokenization of US Treasury Bonds. Importantly, this filing isn’t the first time Arca sought SEC approval for a new blockchain-based platform. The news showcases the further integration of blockchain technology into the traditional financial sector, as well as, further determination on the part […]
Reserve Bank of India to Petition Supreme Court Ruling on Virtual Currencies
Not So Quick Earlier this week the Supreme Court of India made waves in the world of cryptocurrencies, as they overturned a blanket ban, imposed by the Reserve Bank of India, on the industry. While many were quick to celebrate this decision – with various exchanges immediately reinstating services – it should be important to […]
