The Canadian securities regulator, the Ontario Securities Commission, has accused the cryptocurrency exchange Poloniex of flouting Ontario securities law. Ontario Regulator Files Statement Of Allegations Against Poloniex The regulator filed a statement of the allegation on Tuesday, claiming that Poloniex failed to seek approval as a crypto trading platform operating in the province. The Canadian […]
Tag: STO
Investing In Conflux Network (CFX) – Everything You Need to Know
Conflux (CFX) is an advanced DeFi ecosystem that seeks to promote cross-border, multi-chain collaboration in the Asian blockchain sector. The network is unique in many ways. Notably, it’s the only state-endorsed public blockchain operating in China at this time. As such, the firm plays a vital role in advancing education and research in the market via […]
Vertalo, the ‘Operating System for Digital Assets’, Secures $5M in Series A
Vertalo, the Texas based tokenization specialists, has recently announced the successful completion of its Series A funding round. In this particular round, Vertalo was able to raise $5 million in fresh capital from 13 different investors. Vertalo notes that this funding was raised on the back of ‘6 quarters of sequential growth’ – growth which […]
Was The NFT Mania Fuelled By Collectibles Culture?
Collectibles by definition is an item valued by collectors. As history has shown, people are collecting everything from jars, sunglasses, vinyl to baseball cards, and most recently, lines of code. With digitization in full swing, physical collectible items have converged towards the digital medium. Examples of rare in-game items being collected and traded reiterate collectibles […]
Crypto Asset Funds had Record Outflow for Second Week in a Row; Cardano Attracted its Largest Inflow
Digital asset investment products saw yet another record outflow for the second consecutive week. For the week ending May 21, 2021, another new record of outflows totaling $97 million occurred, representing only 0.2% of total assets under management (AUM). Compared to net inflows for the year to date, $5.5 billion, the outflows remain low at […]
Investing In SKALE (SKL) – Everything You Need to Know
SKALE (SKL) is a programmable multi-blockchain ecosystem designed to simplify the creation and maintenance of new Ethereum sidechains. The protocol is among the first to do away with the Ethereum Gas Fee structure. Instead, developers rent network resources via a subscription fee that covers the cost of executing their blockchain computations. In this way, SKALE […]
An Increase In Growth Regarding DeFi PwC Showcased Across Crypto Hedge Funds
The Crypto Hedge Funds have gotten to $3.8 billion in 2020, which was up from $2 billion the year prior, 2009, which was an increase of 90%. PwC and AIMA have reported that these funds are showing an increased interest for decentralized finance (DeFi) 31% across all crypto hedge funds use decentralized exchanges (DEXs) The […]
PwC Report: Boom Time For DeFi Sector As Crypto Hedge Funds Show Growing Interest
A newly released report by PricewaterhouseCoopers (PwC) and Alternative Investment Management Association (AIMA) has shown that hedge funds’ interest in decentralized finance (DeFi) is growing. The research titled the 2020 Global Crypto Hedge Fund Report was conducted in Q1 2020, polling responses from the world’s largest global crypto hedge funds by assets under management (AUM). […]
Binance Continues to Branch Out with ‘NFT Innovative Creators Program’
Whether it be digital securities, non-fungible tokens (NFTs), digital currencies, or even utility tokens, one thing is clear – blockchain based assets have the ability to affect a wide range of industries. As a result, an equally wide range of investors are drawn in by their allure – Bitcoin maximalists find themselves trading on the […]
DeFi Tokens Plunge Amid Another Crypto Crash on Sunday
Top DeFi projects recorded massive price and TVL dips yesterday. The weekend’s cryptocurrency market crash extended into the decentralised finance (DeFi) sector, impacting many projects in the process. Before yesterday, many DeFi tokens had survived the bloodbath in the market that saw crypto assets tumble. Things changed yesterday when selling pressure overwhelmed top DeFi protocols. […]
