$20 Million In what is believed to be an industry first, Santander recently announced the completion of a $20 Million bond settlement. This process, which took place on the public Ethereum blockchain, was unique, as the entirety of it was completed digitally – including, both, the issuance and settlement. Santander completed this feat as a […]
Category: STO News
Libra Association Head: Facebook’s Crypto Stablecoin Still On Track To Be Launched By End Of 2020
The head of Libra Association, the non-profit organization behind Libra stablecoin project, has revealed that the token will be launched by the end of 2020. We believe that the global, open, instant, and low-cost movement of money will create immense economic opportunity and more commerce across the world: https://t.co/AtKw4B2dQl. #LibraAssoc #FinancialInclusion pic.twitter.com/0bALfq5j3Q — Libra (@Libra_) […]
tZERO Teams Up With Entertainment Financing Startup BLOQ FLIX To Tokenize Films
Overstock’s subsidiary in charge of tokenizing securities, tZERO has partnered with entertainment financing firm BLOQ FLIX to come up with a technology service which will help BLOQ FLIX to tokenize its financing options in the entertainment industry. The partnership means that the tokenization will be done using tZERO’s protocol technology. According to Yahoo Finance, the […]
$2 Bln (200,000 BTC) Lost In Mt. Gox Bitcoin Hack Can Be Recovered For A 75% Fee Claims Russian Law Firm
Prominent law firm from Russia Zheleznikov and Partners claims that a proposed legal action in the country can recover the funds lost in the Mt. Gox hack. They claim that they can recover an estimated 170,000 to 200,000 Bitcoins from the Russian parties who received the stolen tokens. The value of these tokens will touch […]
Myles Milston, CEO of Globacap – Interview Series
Myles Milston, is the CEO & Founder of Globacap, an end-to-end solution for Capital Raising, Asset Administration, and Custody of Digital Securities. You were previously CTO of Colossus Bets, which is a successful sports betting business operating out of the UK. Were you initially introduced to bitcoin and crypto in this role? Colossus doesn’t […]
SFOX Report: BTC Is Mildly Bullish As ETC Is Only Crypto With Positive Month-Over-Month Returns
SFOX, a crypto analytics firm, released their August 2019 report on the state of cryptocurrency industry during the month on September 12. The analytics team collects data from the six top cryptocurrency exchanges including the token’s price, volume, and volatility. Six tokens are included in the study including Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), […]
Tether ‘Mints’ 300M USDt Causing A Stir On Crypto Twitter; Turns Out To Be A Omni To ERC20 Swap
Tether, the famous stablecoin operator of the USDT tokens, has recently decided to mint 300 million USDT tokens. This was part of a swap that had the goal of creating Ethereum-based tokens to replace Bitcoin-based Omni protocol ones. However, despite the creation of the new tokens, it does not seem yet that the old tokens […]
Korean Messaging Giant Kakao’s Klay Crypto, Running on Klaytn Blockchain, Gets First Listing On UpBit
The new token created by Kakao, the South Korean messaging giant, will be listed on its first platform shortly. This new asset, which is quite well-known in South Korea, will be listed on one of the main platforms of the country, Upbit. Ground X, the Kakao subsidiary that develops the token, was the first to […]
KoreConX Partners with Broker-Dealer Payment Solution POSConnect
As of September 12th 2019, KoreConX has announced a partnership with POSConnect. The new deal is said to facilitate seamless financial transactions when raising capital through KoreConX-powered Security Token Offerings (STOs). KoreConX and POSConnect’s Partnership Explained KoreConX is building a permissioned blockchain ecosystem designed to facilitate the compliant issuance and management of security tokens. Now, […]
France Announces No Tax on Crypto-to-Crypto Trades, Only Crypto-to-Fiat
According to a recent report by Bloomberg Tax, France has announced that it will not tax crypto-to-crypto trades. Instead, tax will only be applied when an investor ‘cashes out’ by exchanging their cryptocurrency for cash. France’s Stance on Cryptocurrency Tax Explained According to a recent report, French economy minister Bruno Le Maire has announced that […]
