As of February 12th, 2020, Circle is reportedly looking to sell SeedInvest. The firm acquired the crowdfunding platform in late 2018 in what seemed to be an entrance into the security token industry. The company’s plans have now changed to focus on stablecoin developments and a banking platform-as-a-service. Circle Looking to Sell SeedInvest Explained Based […]
Category: STO News
Coinbase Commerce Adds DAI Stablecoin As A Payment Option For Online Retail Stores
Coinbase commerce platform launches support for Maker’s DAI stablecoin. Retailers to earn extra Dai by locking tokens in the Dai Savings Rate (DSR) contract. In the course of this week Coinbase announced via its official twitter account, the support of Maker’s stablecoin, DAI, as a tradable and transferable asset. We are proud to announce the […]
Flyt Property Brings First Tokenized Real Estate STO to Africa
This week marks another important milestone within the international security token sector as the African-based tokenization platform, Flyt Property announced plans to host the first-ever Tokenized Real Estate STO on the continent. The news demonstrates an acceleration in the adoption of tokenization across the global real estate market. Additionally, it symbolizes a major advancement for […]
Bankhaus von der Heydt Unveils Blockchain Strategy
This week, the German Bank von der Heyd stunned the EU banking community after revealing plans to issue security tokens and offer custodial services in the coming weeks. The news demonstrates further integration of blockchain technology among the EU’s traditional banking sector, as well as, a desire by Bankhaus von der Heydt to become the […]
What is Leverage in Forex?
Regardless whether you are a brand new trader in the forex market or someone with extensive experience, you will have certainly encountered one thing on your journey. Leverage. If you are new to forex trading then you may wonder exactly what is meant by this, how you can utilize it, and what kind of leverage […]
IOTA Suspends Network Following Trinity Wallet Hack
Between $300,000 to $1.2 million worth IOTA tokens were stolen.
Overstock Shareholders Vote to Approve Transition to Digital Dividends
On February 13th, 2020, Overstock.com shareholders voted to approve the company’s Series A-1 Preferred Stock dividend transition to digital shares. Investors can expect to receive the dividends no later than April of 2020. The shares will trade exclusively on tZERO’s Alternative Trading System (ATS). Overstock Shareholders Vote to Approve Digital Transition Earlier today, Overstock.com (OSTK) […]
FC Barcelona to Offer ‘Barca Fan Token’ with Voting Rights, Reward System
On February 13th, 2020, world-renowned football club FC Barcelona announced an upcoming blockchain-powered token offering. In the near future, fans will be able to purchase ‘Barca Fan Tokens’. Token holders will have voting rights for certain club decisions — such as the music played once a goal is scored — along with a reward system […]
IOTA Trinity Wallet Is Under Attack, Coordinator Node Has Been Turned Off
Through its official Twitter handle, IOTA Foundation revealed that the Trinity wallet is under a possible hacker attack. After various IOTA holders complained about missing coins, the foundation said it was suspending its platform’s node known as the Coordinator as investigations are ongoing, an IOTA status update indicated on Feb. 13. According to a report […]
DTCC Urges Financial Institutions to Collaborate in Forming A DLT Regulatory Framework
U.S Depository Trust & Clearing Corporation (DTCC) published a white paper on Feb,12 calling for the establishment of a proper regulatory framework on blockchain technology. The leading American financial markets clearing and settlement company noted that this would help avoid the risks associated with Digital Ledger adoption in future. This white paper dubbed ‘Security of […]