XTZ up 778% in the past year, surging to a new high of $3.40 Baking and stable protocol pushing the prices up but more people entering the market creating a “snowball effect” Baked XTZ has no lock-up period and shorts are climbing to ATH, so a reversal expected that has the potential to get ugly […]
Category: STO News
ConsenSys Codefi’s Activate To Launch Its “Proof-Of-Use” Token Platform With SKALE
Activate to limit partnering projects based on a maturity level gauge and how ready partners are to launch Tokens to be issued to only dedicated users as they implement proof of use Activate, a Consensys backed token platform, has announced making its maiden token launch with the SKALE mainnet. Built by the ConsenSys Codefi, it […]
265-Year-Old German Bank To Use Stellar’s Blockchain To Tokenize Securities With Bitbond
German Bank von der Heydt, which was established in 1754, made on Monday the announcement that it’s developing a special-purpose Euro stablecoin. The aim of this stablecoin will be to make tokenized securities private placements easier for investors. The bank closed a partnership with Bitbond, the blockchain financial services provider, in order to integrate tokenization […]
IOTA, Eclipse Foundation Form Working Group To Explore Tangle Tech In Commercial Uses
The American computer company, Dell is one of the 15 companies that has joined an IOTA working group because it wants to see how the Tangle technology can integrate into commercial solutions. The open-source software developer Eclipse Foundation and IOTA made on Tuesday the announcement that the Tangle EE working group is going to start […]
Report: JPMorgan Could Merge In-House Blockchain Unit Quorum with ConsenSys
As of February 11th, 2020, JPMorgan Chase & Co is reportedly in talks of merging Quorum with ConsenSys. The banking giant has been exploring different options for Quorum throughout the past two years and has supposedly deemed a merger with ConsenSys as the best path forward. What is JPMorgan’s Quorum Blockchain? Acording to a report […]
Google Cloud Joins Hedera Hashgraph’s Governing Council To Instill Protocol Reliability
Google Cloud is now a member of the distributed ledger firm Hedera Hashgraph’s governing body, as an announcement from Tuesday says. This is from a blog post from the cloud-focused business unit reads: “As part of our council membership, Google Cloud will operate a Hedera network node, and make the ledger data available for analytics alongside […]
Codefi, SKALE Team Up to Launch First Network on Active
Utility tokens issued on the platform cannot be flipped on the market for speculative trading.
CFTC to Give its Stance on GRAM Token Classification
This month, the Securities and Exchange Commission (SEC) stepped up its battle against the mobile messaging giant Telegram. For months, the two groups have been enthralled in a trial to determine the classification of Telegram’s GRAM token. This week, in an attempt to break the legal stalemate, the SEC reached out to the Commodity Futures […]
Coinbase Custody Adds Polkadot’s Token Support
The users of the custodian can also claim their tokens directly from their accounts.
Ethereum-based FLYT is First Property-backed Security Token in Africa
On February 8th, 2020, Flyt Property Investment announced the launch of Africa’s first-ever security token backed by property. The firm partnered with technology provider Bakari to create FLYT security tokens which are equivalent to one share in the Flyt Hospitality Fund. The FLYT Security Token in Africa Explained Based in Cape Town, Flyt Property Investment […]
