The BAT/USD pair is trading in a tight range between the levels of $0.30 and $0.40. On the upside, if the bulls break above the $0.40 price level, the crypto’s price will rise to retest the $0.45 overhead resistance level. BAT /USD Medium-term Trend: Ranging Resistance Levels: $0.45, $0.50, $0. Levels: $0.35, $0.30, $0.25 Yesterday, […]
Category: STO News
Facebook Plans to Launch a Second Cryptocurrency: A Security Token for Investors
As everyone talks about the Libra, there’s also a second cryptocurrency Facebook will be the releasing. The Libra Investment Token (LIT) will be a security token issued by the social media giant. Alongside Libra, Facebook will also be releasing a security token. Although flying under the radar currently, the Libra Investment Token (LIT) will be […]
BoE Governor: Tokenization of Assets can Unlock an Explosion of Liquidity
Mark Carney, the Bank of England governor stated that adoption of distributed ledger tech (DLT) initiatives will help to “unlock billions of pounds in capital and liquidity.” The governor explained that such projects will soon experience closer backing by the central bank itself. On June 20, Carney gave a keynote speech during the Lord Mayor’s […]
Quick Snapshot of the Biggest Winners and Losers of the Crypto World in 2019
Half of 2019 has already passed and the crypto market was very active in the first half of this year. December 2018 saw considerable lows, so most of the market has fared well this year. Some tokens, however, were not so lucky. The Biggest Crypto Winners Of 2019 It is well-known that 2018 was the […]
Calibra – A Product of Facebook, Built on Two Tokens
Calibra This week, after months of speculation and anticipation, the world of cryptocurrencies and blockchain were finally greeted with Facebook’s upcoming project. This project is being overseen by a subsidiary of Facebook, known as Calibra. While the official launch won’t occur for several more months, details of the project have been released, including a thorough […]
Messaging App Line Close To Opening Crypto Exchange In Japan
Japan’s Financial Services Agency may issue a license as early as this month that would allow the messaging app Line to open an exchange, allowing its users to trade cryptocurrency, including Line’s native token, Link.
Libra Project to Launch First Fully Compliant Security Token Offering in the Middle East and Africa with KoreConX
The Libra Project— a decentralized renewable energy project— is claiming to launch the first fully compliant Security Token Offering (STO) in the Middle East and Africa. The company has selected KoreConX to power the upcoming STO. The Libra Project’s Security Token Offering Explained The Libra Project is headquartered in London with subsidiary company offices located […]
Bancor Set To Cut Off US-based Users From Trading Citing Lack of Legal Clarity
Bancor, a decentralized trading platform announced on Tuesday via a blog post that it will be closing its doors to US-based traders. This means the US users will not be able to use the Bancor application anymore to convert tokens. Although, users who have Bancor wallets will still manage to log-in, hold tokens as well […]
New TokenOSTM Open Banking Platform Gets $16.5 Million Led by BNP Paribas’ Opera Tech Ventures
The venture arm of the banking giant BNP Paribas decided to join investors in a $16.5 million investment on the fintech company Token. The information was released by the company in a press release uploaded on June 18. BNP Paribas Invests In Token The banking platform explained that it will be using the capital to […]
Blockpass to Offer Onboarding Services to Polymath Clients
Strategic Collaboration Polymath has recognized a need for providing its clients with access to regulatory compliant investor onboarding services. Seeking a provider, they have now announced an alliance with Blockpass. This alliance will see Blockpass provide token issuer’s access to a growing pool of pre-verified investors. In doing so, potential issuers can rest easy, knowing […]
