As of January 24th 2019, Zilliqa and MaiCoin have announced plans to launch Hg Exchange, a soon-to-be security token platform in Singapore. While the platform already has a list of companies lined-up for business, the exchange has revealed early plans which involve the tokenization of existing shares to include Uber, Airbnb, and Space X. How […]
Category: STO News
JSE + Blockstation – Piloting Towards Supporting and Listing Security Tokens
Announcement This past week has been a productive, and promising, one with regards to digital securities. For example, we saw not only the launch of the long-awaited tZERO platform, but promising statements regarding the Jamaica Stock Exchange and Blockstation were released. Over the past 60 days the Jamaican Stock Exchange has been participating in a […]
Trust Wallet to Serve as Binance Chain and DEX’s Official Native Wallet
Weeks after a sneak peek of their new Binance DEX, the world’s largest cryptocurrency exchange by trade volume is at it again, this time teaming up with Trust Wallet. According to a disclosure made by the giant wallet, it will be the native wallet for Binance Chain and DEX. Trust Wallet is indeed a giant […]
Stablecoin Dai Lending Rates Decrease, Total DEX Volume Increases Over 16%
Compound, an Ethereum protocol that “establishes money markets with algorithmically set interest rates”, added the Dai stablecoin (DAI) to its protocol last year in December. In the past week, Compound’s Dai supply APR (annual percentage rate) has fallen to around 2.95%, after reaching 11% in December 2018. Compound’s Dai borrow APR has also dropped to […]
Venture Capitalists Continue to Search for Crypto Investment Opportunities in the Market
Although Bitcoin (BTC) and other virtual currencies have been in a bear trend during the last 12 months, venture capitalists continue to explore opportunities in this market. This can be seen with what some companies are already doing. For example, Nasdaq Ventures led a Series B funding round that raised $20 million for Symbiont, a […]
Expert Ponders if New Samsung Galaxy S10 Smartphone Crypto Wallet Integration is Bigger Bakkt and Bitcoin ETF?
Cryptocurrency has been dealing with the bear market that 2018 put it into, and many consumers are trying to figure out a way out. Analysts believe that an arrival of institutional investors from Wall Street will ultimately be the cure, while the Intercontinental Exchange has decided to launch Bakkt as a subtle connection between traditional […]
Fundstrat’s Tom Lee Grilled by Fox News Anchors Over Infamous $25,000 Bitcoin Price Prediction
In a recent interview with Fox’s finance team, Fundstrat co-founder Tom Lee was asked to talk about the current state of the traditional stock market sector as well as the future of the cryptocurrency industry. However, not long into the conversation, the hosts of the show brought up Lee’s now infamous “$25,000 by the end […]
JP Morgan Analyst Says Bitcoin (BTC) is Still Exhibiting “Bubble-Like Properties”, is a Skeptical Investment
According to JP Morgan’s financial outlook team, Bitcoin’s future appears to be extremely bleak and that the asset is only fit for use in some type of “dystopian future” where conventional financial structures have completely collapsed. If that wasn’t enough, a spokesperson for the firm also stated that he no longer had faith in most […]
Agricultural Kingpin Cargill Invests in Hyperledger Grid Blockchain to Streamline Supply Chains
Agricultural conglomerate Cargill and one of the biggest American companies recently announced that they are going to be investing in digital engineering resource. Cargill, Incorporated is an American privately held global corporation based in Minnetonka, Minnesota, and incorporated in Wilmington, Delaware. Some of Cargill’s major businesses are trading, purchasing and distributing grain and other agricultural […]
Nouriel Roubini Tones Up His Attack Against Bitcoin at the 2019 Blockchain Economic Forum
Nouriel Roubini aka Dr. Doom is one of the biggest critics of cryptocurrencies. He came into international limelight when he had predicted the 2008 financial crisis. Now, almost 10 years later, he has done almost nothing of relevance. In fact, he stays in the news cycle taking cheap shots at cryptocurrencies and blockchain in general. […]
