The current roadmap for Ethereum shows that there are certain upgrades and milestones that the platform aims to reach over a 4-stage plan. The most recent stage is set to include a newly integrated type of PoW (proof of work) algorithm called ProgPoW. The algorithm is resistant to ASIC use and it will be used […]
Category: STO News
After JPMorgan Hypes Up Blockchain-Based JPM Coin, The Bank’s Mobile App And Website Experiences Nation-Wide Outage In US
JPMorgan Chase has been revving up to launch a new token that is based on blockchain technology. It is known around the world, but their banking services online experienced an outage this morning. The outage impacted online and mobile banking, which happens to follow the announcement yesterday that the JPM Coin would soon be launched. […]
CityBlock Capital to Hold Security Token Sale and Trading on the SharesPost Platform
SharesPost, a secondary market for private tech companies and their security token offerings, has now announced the second digital issuer on their platform for 2019. CityBlock Capital will tokenize ownership of its fund and offer them in an STO on SharesPost. One of the areas where tokenization of securities is most likely is with existing […]
Luxembourg Passes New Bill Giving Tokenized Securities Official Legal Status
The small European city-state of Luxembourg has just passed a bill which provides a new legal framework for tokenized securities. 58 members of parliament approved the measure with only 2 opposed. There’s been much talk of which would be the first nations to adopt legislation specifically addressing the topic of tokenized securities. Although Malta is […]
TokenMarket to Host Security Token Offering
Upcoming STO In a recent announcement, TokenMarket indicated that they will be hosting an upcoming security token offering. This event will take place on their own issuance platform, under the watch of the Financial Conduct Authority. The fundraising event will see the company strive to sell £10 million worth of digital securities to accredited investors. […]
SPiCE VC Continues Portfolio Expansion with InvestaCrowd
Growing Portfolio The SPiCE VC portfolio continues to grow. The trendsetting company has recently announced that they have invested in InvestaCrowd. Through this investment, SPiCE token holders will now gain exposure to the growing InvestaCrowd. A digital securities platform that operates under a licence given by the Monetary Authority of Singapore. The goal of InvestaCrowd […]
Why the SEC’s ‘ICO Guide’ Paints a Dark Picture for Cryptocurrency in 2019
This week, the Securities and Exchange Commission tweeted out its guidelines for those launching and investing in ICOs, although many would say that over a year on from the peak of the cryptocurrency boom, the guidelines amount to too little, too late. That said, the document still throws up several points of contention, including a […]
Here’s Why MakerDao (MKR) and (DAI) Stablecoin has been the Hottest Coin of 2019
In the current bear market, there is one cryptocurrency that is defying the odds which is 17th largest cryptocurrency by the market cap of $507 billion, according to the data provided by Coinmarketcap. MakerDAO promises the “stability for the blockchain,” while featuring a stable coin called Dai (DAI) and its native cryptocurrency known as Maker […]
Liechtenstein’s Post Office Is Now Selling Bitcoin (BTC) to Interested Individuals
Cryptocurrencies and Bitcoin (BTC) continue to expand all over the world. The government-owned post office in Liechtenstein is now offering Bitcoin to interested users. This post office located in Vaduz, the capital of the country, is now seeling the most popular virtual currency and will also offer new digital assets in the future. In order […]
Fundamental Interactions Opens Proprietary Hedging Platform for Tokens
The Enterprise market technology developer Fundamental Interactions launched a new automated hedging platform specifically designed for tokens. With this platform, the intention is to jumpstart liquidity in new token exchanges. The information was released by the company in a press release. The company is launching a new service that allows automated market refactor quote feed […]
