Ever since 2017, cryptocurrency trading has been an area of interest for new and old investors alike. Notably, cryptocurrency trading involves speculating on future price movements within the market. In its simplest form, trading requires the buying and selling of cryptocurrencies in a manner that produces profit. In order to accomplish this task, you need […]
Tag: STO
Crypto Lender to Pay Out $6.1 Million In Dividend To Users Who Staked Nexo Token
Crypto lending platform Nexo has announced that it would be paying out 30% of its profit, equivalent to $6.1 million, as dividends to those who staked their Nexo token. The payout would take place on August 15th as per the Press Release. The official statement from the crypto lender read: “This payout marks a 154.32% increase […]
CAOF to be Lead Plaintiff in Block.one ICO Lawsuit After Others File Inaccurate Data
A United States Court Judge Kaplan has now ruled that the class action suit brought against EOS developer Block.one ought to be represented by a lead plaintiff. This was after five of the investors of Block.one ICO displayed a lack of goodwill and commitment to make them the lead plaintiff of the case. “Raises further […]
Goldman Sachs New Digital Asset Manager Reveals Plans to Bring A ‘Digital Token’ to the Bank
U.S. financial giant Goldman Sachs is pushing forward its plans to launch a digital asset with the appointment of its new digital asset manager, Mathew McDermott, former head of the bank’s investment internal funding operations. McDermott confirmed the bank is looking into a digital asset of its own. According to CNBC, Goldman Sachs is rejuvenating […]
Binance IEO Project, Band Protocol, Sees Coinbase Effect With Listing News; What Altcoin Is Next?
The ‘Coinbase Effect’ is not something new; it is a temporary surge in pricing for the listed coin. In the past, Coinbase has been accused of pumping and dumping the coin through the listing as the price of the token starts pumping hard before the announcement is made public. But for a very brief time, […]
Animoca and Atari level up partnership — blockchain gaming on the rise
Interest in blockchain gaming from players and investors is on the rise, which could move blockchain closer mass adoption in the gaming industry Blockchain gaming has seen increasing interest from investors in and out of the blockchain ecosystem, with companies like Algorand, Ubisoft, Animoca, AMD, Enjin and Atari creating the Blockchain Gaming Alliance, as well […]
Ledger Nano X Review – A Secure Hardware Wallet for Advanced HODLs
Ledger has an impeccable reputation when it comes to bitcoin hardware wallets. They have two products and the Ledger Nano X is the more advanced of the two which is perfect for the advanced cryptocurrency investor who is looking at protecting their digital assets. When it comes to quality, functionality and security this is comparable […]
Russia’s State Owned Bank, Sberbank, Mulls Over Issuing A Ruble Pegged Stablecoin
Russia’s largest state-owned bank Sberbank is mulling over the idea of issuing their stablecoin reported a local daily. Many believe the decision was prompted by the recent signing of a new cryptocurrency law by President Putin. The director of transaction business Sergey Popov confirmed the same and said that if everything goes as planned, the […]
Coca-Cola to Utilize Baseline Protocol For Supply Chain Tracking with Exposure to DeFi
Coke One North America (CONA) has partnered with Provide and Unibright to streamline the supply chain of the largest coca-cola bottlers in the region by integrating the Baseline protocol as a fundamental technology. This initiative will not only improve the communication between internal and external stakeholders in the bottling process but also expose them to […]
SEC Seeks ‘DLT Smart Contract Analysis Tool’ As DeFi Becomes A Key Focus Point On Compliance
The United States Securities Exchange Commission (SEC) is looking for a distributed ledger technology (DLTs) smart contract analysis tool in its latest efforts to analyze and closely monitor the base code of blockchains. The latest solicitation from the SEC comes at a time the decentralized finance (DeFi) industry is booming, and the forensic tool will […]
