With this tremendous growth and the widespread availability of crypto technology, STOs may soon be a viable way for most companies to raise revenue. However, some aspects of the STO bear a bit of explaining beforehand.
With institutions now firmly in on the game, crypto is entering a new era. This is great news for retail investors, as many of funds, derivatives, and other financial instruments are also open to individuals now.
Litecoin Foundation and American football team the Miami Dolphins teamed up to usher in cryptocurrency payments. The partnership will start during NFL season, where the Dolphins will accept Litecoin (LTC) as their “official cryptocurrency.”
At Binance’s 2nd anniversary’s AMA, Changpeng Zhao spoke about the extension of their 25% trading fee discount and the team’s commitment of BNB allocations to the token burn. Also, he announced testing of Binance Futures and providing Binance Visa card.
Japanese licensed cryptocurrency exchange Bitpoint has become a new victim of hackers and lost $32 million in crypto assets in the recent attack.
The SEC has approved YouNow’s Ethereum token enabling investors to use an alternative investment method to acquire a financial stake in companies through participating in community developing engagements.
Judging by recent news, Fidelity Digital Assets, the company which just recently announced that they are adding Bitcoin to their asset managing services, now is seeking for 10 new blockchain experts.
Speaking at the social media summit, US President Donald Trump takes a jibe at Bitcoin and cryptocurrencies in general. Says the US Dollar is the most superior currency and will continue to remain so.
Good news, you can now send and receive TRON (TRC 10 tokens and TRX) and Bitcoin (BTC) through the beta version of the Opera browser for Android. The new version also allows webpages to conduct transactions with Bitcoin.
The BTC has been undergoing a correction for two days already. Generally it is trading at $11,500.
Anchorage has announced that they have raised around $40M in a Series B funding round. A few of the large backers include Visa, Blockchain Capital, and Andreessen Horowitz. Anchorage provides crypto custody services for institutional investors.
Coinbase is involved in deep talks with Aon with an aim of creating a regulated ‘captive’ insurance company to shield its clients from hackings and unexpected loss of funds.
In recent news, Tyler and Cameron Winklevoss have admitted that they might soon join the Libra Association. This is considered as a surprise taking into consideration their previous disagreements with Mark Zuckerberg about the idea behind Facebook.
From around 14:00 UTC on July 10, Bitcoin fell $962 from its previous price in a little over an hour, landing just above the $12,000 psychological support before another wave of sellers dragged it to a peak low of $11,445.
Turkey has revealed its economic roadmap. It has become known that its Central Bank will be working on the development of the country’s national cryptocurrency.