In an attempt to spur innovation in the security token offering (STO) sector, the Canadian Securities Administrators (CSA) released a public request for comment regarding proposed changes to the country’s securities laws – Proposed National Instrument 45-110. The changes would provide companies access to more capital and, raise the maximum investor amount under the exemption. […]
Category: STO News
Rapper TI Cleared Of Securities Fraud, Kevin Hart Awaits Judgement For 2017 FLiK ICO
Renowned US rapper Clifford Harris Jr., more commonly known as T.I, has been let off the hook from securities fraud for allegedly promoting the FLiK ICO. However, his co-accused, the businessman – Ryan Felton – together with popular comedian and actor Kevin Hart, were not so lucky. Law360 also reports that a US Court sitting […]
IOTA Urges Users To Use Seed Migration Tool Before Network Coordinator Goes Live In 7 Days
IOTA urges Trinity users to take advantage of the seed migration tool before March 7th when they are set to restart their coordinator. Moonpay vulnerability was identified as the most likely source of the attack. The IOTA foundation last month began the seed migration in preparation for their network restart. This was after they shut […]
Justin Sun, Binance, Huobi, & Poloniex Hostile Takeover Steem Network To Prevent ‘Hack’
Steem hackers defeated and funds are SAFU – Justin Sun who acquired Steemit The witnesses say Sun and exchanges used users’ STEEM to take over the blockchain Binance CEO CZ knew beforehand of the hard fork and approved but will now unvote EOS co-founder and Steemit co-creator Dan Larimer says this power struggle demonstrates just […]
Marko Hafez, President & CEO of BlockStation – Interview Series
Marko is a serial entrepreneur and innovator who started his first company at the age of 19 and never looked back. His passion for blockchain technology and the transformative potential of tokenization for financial instruments led him to co-found Blockstation. You were an early believer in digital securities, having launched BlockStation in 2014. What was […]
BIS Latest Report Discusses How Payment Are Evolving With Tokenization and CBDC’s
Bank of International Settlements (BIS) researchers focusing on the payments’ future, reveals their latest quarterly report released on Sunday. The paper has 138 pages and looks at what’s on the horizon in the financial sector, especially since tokenization, central bank digital currencies (CBDCs) and cross-border payments are starting to be more and more in trend. […]
Huobi Collabs With Nervos On Blockchain Framework Testnet For DeFi Applications
Huobi announced on Feb 28th the launch of its blockchain beta testnet as part of an expansion plan to tap into the decentralized finance (DeFi) market. Huobi Chain, the blockchain network designed for this, runs as an open-source where participants can leverage the platform’s features to get financial services attributed to digital assets. The Singapore-registered […]
Bitfinex To Delist 46 Crypto Trading Pairs Due to Low Liquidity On March 6th
Bitfinex crypto exchange has revealed that it will kickoff a delisting process starting from coming Friday to remove crypto trading pairs that have very low volumes. In a blog post released on March 2, Bitfinex stated that it will delist 46 cryptocurrency trading pairs starting on March 6 as a result of low liquidity within […]
Increased Safeguards Is Needed For Crypto Growth As Nearly $10B Has Been Stolen: KPMG
Almost $10 Billion in Crypto Stolen by Hackers Since 2017 KPMG says the crypto market needs to improve security when it comes to digital assets, seeing the industry is currently valued at $245 billion and growing. Ever since 2017, hackers have stolen over $9.8 billion in digital assets due to poorly written code or lax […]
A Month in Review – February 2020
Now that we are firmly entrenched in 2020, we are beginning to see companies follow through on their plans for the new year. The month of February brought us news of various high-profile acquisitions, in addition to developments pertaining to, both, Facebook and the U.S. Presidential race. This edition of ‘The Digital’ looks to shed […]
