In 2018, billions of dollars in the form of crypto tokens –including ethereum- were stolen by hackers. Most of these tokens belonged to regular individuals who did not store them in the best ethereum wallets available and did a poor job of keeping their cryptocurrency tokens safe. With ethereum being one of the more popular […]
Category: STO News
Head of European Securities and Markets Authority: It’s “Time to Deliver” on Digital Asset Regulation
Chairman of the European Securities and Markets Authority (ESMA) Steven Maijoor spoke at a Fintech conference in Brussels on February 26th 2019. His message was clear: it’s time for Europe to provide clear regulatory guidelines for digital assets— for the sake of both investors and businesses. ESMA’s Stance on Digital Asset Regulation Explained In October […]
Multiple States have Begun to Provide Regulatory Clarity in 2019
Regulation is Coming Day by day, the regulatory picture within the U.S. becomes clearer, as various states outline their stances on cryptocurrencies and digital securities. Here are a few of the states leading the way in recent months, with regards to blockchain regulations. Colorado On January 4th, the Colorado Senate brought forth the ‘Colorado Digital […]
EOS’ Daniel Larimer Criticizes Facebook for Spying on Users, Calls Possible Crypto Token ‘Spycoin’
Dan Larimer, the co-founder of EOS, has criticized Facebook, the most popular social network in the world. He attacked it for collecting user data and using it to sell targeted ads. EOS is the fourth largest digital asset in the market. Larimer explained on Twitter that Facebook uses private data to offer companies the possibility […]
Overstock CEO Patrick Byrne Announces Massive GSR Investment in tZERO as Incomplete
At the close of tZERO’s initial offering, a significant investment of up to $270 million from GSR capital was reported. Recent clarification from Overstock CEO and tZERO chairman Patrick Byrne clarified that the investment has yet to be completed, but tZERO and GSR are continuing to communicate. GSR’s tZERO Investment Status Explained According to an […]
Securrency and Vertalo Sign Agreement to Tokenize ‘$260 Million in Real Estate Assets’
As of February 28th 2019, Securrency and Vertalo have partnered to tokenize just over $260 million in real estate assets. The private offering will involve multiple properties throughout the United States. How Securrency and Vertalo Aim to Pioneer Real Estate Tokenization Securrency and Vertalo have been partners since 2018, but their biggest headline was just […]
Judge Denies Remand Motions in Class Action Lawsuit Against Ripple
Crypto Lawyer Shares Ripple Securities Class Action Lawsuite Update: Judge Denies Remand Motions Several months ago, a class action lawsuit between XRP investors and Ripple was established, combining the arguments from plaintiffs Avner Greenwald, David Oconer and Vladi Zakinov. The plaintiffs had originally filed after purchasing the XRP token, and then the market crashed, taking […]
GSR Investment in tZERO Slashed from $400 million to $100 million
GSR reduced investment Overstock and their subsidiary, tZERO, broke the news today, that their long pending deal with GSR Capital has been downsized. Some readers may recognize the name, GSR Capital, as they are also the ones that turned to tZERO for the tokenization of cobalt. Beyond this, the duo made waves over the past […]
Will Facebook launch a Stablecoin?
Identifying a Trend Here at securities.io, it is clear that we believe digital securities will play a large role in shaping finance in the years to come. It is not the only implementation of blockchain which we feel will serve the industry well. Another reason, which has been identified as an emerging trend by many, […]
Rhode Island Proposes New Laws That Would Exempt Some Blockchain Tokens from Securities Regulations
The regulations in the United States for cryptocurrency have varied over the last year. First, the complications were due to multiple federal authorities taking on different responsibilities of the assets, based on their classifications. Then, individual states started creating their own regulations and policies about how exchanges would perform. Now, a recent house bill filed […]