Blockstack’s Stacks (STX) to Lose Security Token Status Once Its Blockchain 2.0 Launches

Blockstack PBC, a decentralized computing network innovation, has published a legal memorandum to support the transition of its native token Stacks (STX) from an SEC recognized security to a non-security. According to the publication, the legal memorandum was prepared by Blockcstack’s independent counsel, Wilson Sonsini Goodrich & Rosati, PC (WSGR). The project plans on launching […]

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Bittrex lists tokenised stocks for Amazon, Tesla, Google and more

Bittrex Global launched trading in tokenised stocks that would allow its users to trade stocks of popular companies, including Amazon, Apple, Tesla, Google and others Cryptocurrency exchange Bittrex revealed that it had launched tokenised stocks for leading global companies. According to the cryptocurrency exchange, its users can trade the tokenised versions of Amazon, Apple, Tesla, […]

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Investing in Theta – Everything You Need to Know

What is the Theta Blockchain? The Theta blockchain is a purpose-built decentralized video delivery network and cryptocurrency. This innovative platform provides both technical and economic solutions to the problems facing the streaming sector. As such, the Theta blockchain was designed to incentivize the sharing of bandwidth across the network. Specifically, users gain the opportunity to […]

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Artist Sells Digital Artwork on Gemini-Owned Platform, Nifty Gateway, for Over $21K

Asides from its business and government applications, blockchain is also gaining traction in gaming and art commerce. Blockchain Art for Good This week, Anthony Pompliano, the founder of Morgan Creek Digital Assets, announced on Twitter that his company had helped an artist sell his work online. The artwork had been auctioned on Nifty Gateway, a blockchain-based digital art […]

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Tesla, Amazon, Netflix, & Pfizer Now Tradeable on Bittrex Against USD, USDT, & BTC

Cryptocurrency exchange Bittrex announced on Monday that it will now allow its users to trade popular stocks. After derivatives platform FTX, Bittrex is the latest one to list the tokenized stocks on its exchange. This is made possible through its partnership with Digital Assets.AG. Digital Assets.AG is a Swiss-based company that facilitates the tokenization of […]

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Grayscale Seeing New Group of Investors Seeking Ethereum as a First & Only Asset

While Bitcoin continues to rule the cryptocurrency market, the second-largest crypto Ethereum also sees a lot of traction. According to Michael Sonnenshein, managing director at Grayscale Investments, which caters to institutional and accredited investors only, up until 2020, most investors’ first stop was Bitcoin. But now, the most actively used blockchain in the world and […]

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BIS Wholesale CBDC Proof-of-Concept in Collaboration with SNB and SIX was A Success

The Bank of International Settlements (BIS), Swiss National Bank (SNB), and SIX Digital Exchange has completed a wholesale CBDC proof-of-concept (PoC), which tested the integration of a CBDC with tokenized assets and the feasibility of linking existing payment networks with Digital Ledgers (DLTs). As earlier reported by BEG, the SNB and BIS were planning to […]

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