Binance has found itself to be in the possession of $775,000 worth of Stellar tokens after unknowingly receiving dividends for validating transactions on the Stellar network since August 31, 2018. The crypto exchange announced it would distribute the found tokens to all Binance users holding at least 10 Stellar tokens on Saturday, July 20.
Category: STO News
Ed Tuohy, CEO of MERJ Exchange Limited – Interview Series
Edmond Tuohy is the CEO of MERJ Exchange. MERJ Exchange is an innovative end to end, multi-market global financial exchange for equities, debt and derivatives. MERJ is soon to launch its Digital Assets and Security Token markets along with the opportunity to invest in MERJ Exchange. Antoine: MERJ Exchange is a securities exchange that currently […]
tZERO Announces New Management Heads from IMAX and Barclays
On July 17th 2019, tZERO announced the appointment of several new managerial heads including its Head of Issuance, Head of Investor Relations, and Head of Communications. The new employees bring notable experiences from the likes of Barclays, IMAX, and Intermarket. The Continued Growth and Development of tZERO Explained Effective July 15th 2019, tZERO has several […]
BitBond Finance BmbH STO Hits €2.1 million
The enterprise lending solutions provider, BitBond Finance concluded its STO this week. The public crowdfunding event officially started in March of this year. In total, BitBond secured €2.1 million in funding from the STO. Interestingly, this event was the first regulated STO held in Germany. Now, BitBond seeks to expand its platform’s service to include […]
Digimax Partners with Entoro Capital for Broker-Dealer Collaboration
As of July 15th 2019, Digimax announced a partnership with Entoro Capital. The new deal will result in a collaboration to benefit each others’ clients in the issuance and management of regulated digital assets such as security tokens. The Partnership Between Entoro and Digimax Explained Entoro is an investment bank and member of FINRA. The […]
Blockstack App Mining Program to Increase Developer Rewards to $1,000,000 in STX in May 2020
App developers using Blockstack PBC, a decentralized computing network, will from May 2020 start receiving rewards of up to $1,000,000 per month in STX tokens. Announcing this, Blockstack said the program which was launched in December 2018 to award builders of great apps had achieved more success than they had initially hoped. Since Dec 2018 […]
Is the SEC Acting Like a “Regulatory Escape Room?”
It seems that, nowadays, the SEC is intent on burying its cryptocurrency regulations under a heap of legalese. For many projects, it feels as though having to exit an escape room from regulators. SEC Commissioner Hester Pierce—often called “crypto Mama”—has spoken out on her own agency’s response to the question of broker-dealer firms wanting to […]
Bitcoin Gains Another New Supporter In The Government: House GOP Leader Kevin McCarthy
The blockchain technology and the crypto market have plenty of supporters, no one can deny that. However, some people still believe that only some economists, young investors and tech-related people like the token, but the truth could not be more different. Kevin McCarthy, the House leader of the Republicans, has recently joined the crypto club. […]
European Securities and Markets Authority Publishes Report on Regulatory Gaps in the Cryptocurrency Market
The European Securities and Markets Authority (ESMA) has just released a report identifying ‘gaps’ in regulation for the cryptocurrency space. The areas discussed include crypto-asses, ICOs, and distributed ledger technology. ESMA has just put out a report titled Licensing of FinTech Business Models which surveys national competent authorities (NCAs) on the licensing of fintech firms. Conducted by […]
Blockstack’s SEC Worries Are Far from Over
Blockstack recently was approved to offer its security token offering (STO) to everyday retail investors. However, there’s an indication that the crypto startup may still have an uphill battle to climb. The process was long and tedious for Blockstack, the first-ever SEC-approved Reg A+ token offering. However, now with this approval, Blockstack could set the stage […]
