BitGo Acquires Security Token Platform Harbor in Industry First

On February 18th, 2020, digital asset custodian BitGo acquired Harbor, a securities tokenization platform. Through the acquisition, BitGo will extend beyond custodial services and break into the “issuing, trading, and transferring” of security tokens. The deal is set to make BitGo the world’s first company with broker-dealer, transfer agent, and qualified custodian licenses. BitGo Acquires […]

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Crypto Custodian, BitGo, Acquires Harbor to Expand its Digital Currency Services

BitGo has announced that it will soon be an all-stack digital currency service provider following the acquisition of Harbor. The crypto custodian also acquired Harbor’s business subsidiaries which include a transfer agency and broker dealership for digital currencies. The beauty about Harbor’s existing operations is that they are legally under the supervision of the Financial […]

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BoE Economist; Speculation in Crypto Markets Reduces Bitcoin’s Transactional Value

A senior Economist at U.K’s central bank has published a working paper on how speculation affects the value of digital currencies. Peter Zimmerman, a BoE economist, highlighted that crypto coin users are mostly speculative making it hard to realize the transactional value of digital assets like Bitcoin. According to the paper, a speculative approach to […]

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Tron’s Justin Sun Gives Away 1000 BTT ($.53) to FCoin Victims But First Sign-up For Poloniex

You read it right! Tron founder Justin Sun, the guy with all the marketing tactics in his box, is giving away 50 cents “to recover the loss for users.” He is who doesn’t let any marketing opportunity slide by him. Deadly Coronavirus outbreak, Sun’s “Fighting coronavirus,” and “TRON is on the way!” American professional basketball […]

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Australian Securities Exchange (ASX) Prepares Blockchain Clearing System Launch

This week, executives from the Australian Securities Exchange ASX made some encouraging statements regarding the firm’s shift towards blockchain technology. The company has spent several years contemplating how to best upgrade its current outdated clearing and settlement system – CHESS. Now, thanks to a team of ingenuitive developers, the entire Australian securities market will now […]

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