Stasis Onboards First Institutional Client for EURS Stablecoin
Stasis, the crypto ecosystem which recently launched the stablecoin EURS that is paired exactly against the Euro recently announced that it had onboarded its first institutional client.
The announcement was made through a tweet by Stasis CEO Gregory Klumov. Speaking exclusively to CCN, Klumov explained that the client operates in the field of money management.
“We are happy to welcome on board of the STASIS ecosystem a licensed money manager, specializing in liquid alternatives. Institutional investors are just starting to accumulate crypto exposure and the EURS token is a perfect start to get involved in this exciting marketplace”, Klumov told CCN.
There has been much talk of late on how the recent slump in cryptocurrency prices has had to do with the lack of interest from institutional investors. This new development could see further moves in the field as interest in the cryptocurrency space continues to grow.
https://www.ccn.com/stasis-onboards-first-institutional-client-for-eurs-stablecoin/
Topic: ✷ News ✷ Analytics ✷ Analysis ✷ Forecasts - page 5. (Read 2256 times)
Hong Kong Trade Finance Will Fight Fraud With a Blockchain-Based Platform
The Hong Kong Monetary Authority (HKMA) has partnered with Chinese Ping An to release a blockchain-based trade finance platform. The joint effort is expected to speed-up the process and prevent fraud.
CCN first reported the Hong Kong’s de facto central bank’s initiative back on March 30. At the time, the bank unveiled a proof-of-concept (PoC) blockchain platform built for trade finance.
https://www.ccn.com/hong-kong-trade-finance-will-fight-fraud-with-a-blockchain-based-platform/
The Hong Kong Monetary Authority (HKMA) has partnered with Chinese Ping An to release a blockchain-based trade finance platform. The joint effort is expected to speed-up the process and prevent fraud.
CCN first reported the Hong Kong’s de facto central bank’s initiative back on March 30. At the time, the bank unveiled a proof-of-concept (PoC) blockchain platform built for trade finance.
https://www.ccn.com/hong-kong-trade-finance-will-fight-fraud-with-a-blockchain-based-platform/
Japanese platform SBIVC started accepting bitcoin, XRP and BCash.
"In June 2018, the main banking consortium of Japan, SBI Group, announced the launch of the virtual currency platform. Today the exchange of virtual currencies SBIVC the beginning of customer service. First, the platform was launched with XRP cryptocurrency, then bitcoin (BTC) and BCash (BCH) were added in the Japanese yen pair".
https://ambcrypto.com/sbi-virtual-currencies-begins-accepting-new-users-offers-xrp-bitcoin-btc-and-bitcoin-cash-bch/
"In June 2018, the main banking consortium of Japan, SBI Group, announced the launch of the virtual currency platform. Today the exchange of virtual currencies SBIVC the beginning of customer service. First, the platform was launched with XRP cryptocurrency, then bitcoin (BTC) and BCash (BCH) were added in the Japanese yen pair".
https://ambcrypto.com/sbi-virtual-currencies-begins-accepting-new-users-offers-xrp-bitcoin-btc-and-bitcoin-cash-bch/
Exchange Binance and KuCoin hold quarterly burning your tokens Cryptocurrency
"Exchange Binance officially announced the next – the fourth – quarterly "burning" your token Coin Binance (BNB).Also today, the quarterly burning of their tokens spends another popular cryptocurrency exchange – KuCoin. Its cryptocurrency KuCoin Shares (KCS) is burned at approximately the same principle as that of Binance".
https://twitter.com/kucoincom/status/1018717683808784384
"Exchange Binance officially announced the next – the fourth – quarterly "burning" your token Coin Binance (BNB).Also today, the quarterly burning of their tokens spends another popular cryptocurrency exchange – KuCoin. Its cryptocurrency KuCoin Shares (KCS) is burned at approximately the same principle as that of Binance".
https://twitter.com/kucoincom/status/1018717683808784384
"The American company Robinhood, at the beginning of the year launched a service for non-Commission trade in crypto-currencies, announced the addition of Dogecoin (DOGE) to its mobile application".
https://twitter.com/RobinhoodApp/status/1018842982043168771
https://blog.robinhood.com/news/2018/7/15/dogecoin-is-now-on-robinhood-crypto
https://twitter.com/RobinhoodApp/status/1018842982043168771
https://blog.robinhood.com/news/2018/7/15/dogecoin-is-now-on-robinhood-crypto
‘Bond Coin’: Thailand Plans Blockchain Token for Instant Securities Settlement
A prominent securities markets body in Thailand is preparing a blockchain-based token that will power instant clearing and settlements of corporate bonds.
After researching blockchain technology for a bond registrar services platform, the Thai Bond Market Association (TBMA) has revealed its intention to create a “Bond Coin”, a custom token on a private blockchain between permissioned participants including issuers and investors alongside regulators and registered firms.
Notably, the TBMA has already received permission from the Securities and Exchange Commission, the country’s securities market regulator, to develop the blockchain in a three-phase project expected to launch in August 2018, the Bangkok Post reports.
The first phase will involve the development of a bond registrar subscription system that will also be used to verify bond transactions, TBMA president Tada Phutthitada revealed. Even at the initial stage, the platform will be powered by smart contracts and will include a settlement information system, a subscription system and a verification system for corporate bonds. Further, the blockchain platform will also provide an information fact sheet with details including interest rates and payments, among other information. At this stage, the system will bring the operational process from 7-10 days down to 1-3 days.
https://www.ccn.com/bond-coin-thailand-plans-blockchain-token-for-instant-securities-settlement/
A prominent securities markets body in Thailand is preparing a blockchain-based token that will power instant clearing and settlements of corporate bonds.
After researching blockchain technology for a bond registrar services platform, the Thai Bond Market Association (TBMA) has revealed its intention to create a “Bond Coin”, a custom token on a private blockchain between permissioned participants including issuers and investors alongside regulators and registered firms.
Notably, the TBMA has already received permission from the Securities and Exchange Commission, the country’s securities market regulator, to develop the blockchain in a three-phase project expected to launch in August 2018, the Bangkok Post reports.
The first phase will involve the development of a bond registrar subscription system that will also be used to verify bond transactions, TBMA president Tada Phutthitada revealed. Even at the initial stage, the platform will be powered by smart contracts and will include a settlement information system, a subscription system and a verification system for corporate bonds. Further, the blockchain platform will also provide an information fact sheet with details including interest rates and payments, among other information. At this stage, the system will bring the operational process from 7-10 days down to 1-3 days.
https://www.ccn.com/bond-coin-thailand-plans-blockchain-token-for-instant-securities-settlement/
E-Commerce Platforms Get Hit With Lightning-Fast Bitcoin Payments for Businesses.
"The Strike payment platform has launched an API for Lightning micro-payments, allowing businesses to receive aggregated bitcoin transactions through the WooCommerce plugin developed by ACINQ".
https://dailyhodl.com/2018/07/15/e-commerce-platforms-get-hit-with-lightning-fast-bitcoin-payments-for-businesses/
"The Strike payment platform has launched an API for Lightning micro-payments, allowing businesses to receive aggregated bitcoin transactions through the WooCommerce plugin developed by ACINQ".
https://dailyhodl.com/2018/07/15/e-commerce-platforms-get-hit-with-lightning-fast-bitcoin-payments-for-businesses/
Top Swiss Stock Exchange Says It Is ‘Open’ to Offering Crypto Trading on Its Platform
"SIX Group, the main company of the Swiss stock exchange, said that it is" ready " to provide cryptocurrency trading services on its digital trading platform, Cointelegraph writes. The platform, which is still under development, will be launched by mid-2019, as the representative of SIX Group told the news resource Swissinfo on July 15".
https://cointelegraph.com/news/top-swiss-stock-exchange-says-it-is-open-to-offering-crypto-trading-on-its-platform?utm_source=Mosaic%27s+Daily+Cryptoasset+Newsletter&utm_campaign=c09b27db17-EMAIL_CAMPAIGN_2018_07_04_01_52_COPY_109&utm_medium=email&utm_term=0_7f4e848a0e-c09b27db17-68242389
"SIX Group, the main company of the Swiss stock exchange, said that it is" ready " to provide cryptocurrency trading services on its digital trading platform, Cointelegraph writes. The platform, which is still under development, will be launched by mid-2019, as the representative of SIX Group told the news resource Swissinfo on July 15".
https://cointelegraph.com/news/top-swiss-stock-exchange-says-it-is-open-to-offering-crypto-trading-on-its-platform?utm_source=Mosaic%27s+Daily+Cryptoasset+Newsletter&utm_campaign=c09b27db17-EMAIL_CAMPAIGN_2018_07_04_01_52_COPY_109&utm_medium=email&utm_term=0_7f4e848a0e-c09b27db17-68242389
Japanese Messaging App Line Opens Crypto Exchange in Singapore.
"Line, one of the most popular messengers in Asia, has launched the Bitbox platform - cryptocurrency exchanger in Singapore. Trading on the platform started this Monday and is limited to pairs with cryptocurrencies, cryptovest writes.Bitbox supports 28 cryptocurrencies, including bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Ethereum Classic (ETC), Bcash (BCH), Bitcoin Gold (BTG), MonaCoin ( MONA), Qtum (QTUM), and Golem (GNT). The coins are grouped in 54 pairs with BTC, ETH, and USDT".
https://cryptovest.com/news/japanese-messaging-app-line-opens-crypto-exchange-in-singapore/
"Line, one of the most popular messengers in Asia, has launched the Bitbox platform - cryptocurrency exchanger in Singapore. Trading on the platform started this Monday and is limited to pairs with cryptocurrencies, cryptovest writes.Bitbox supports 28 cryptocurrencies, including bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Ethereum Classic (ETC), Bcash (BCH), Bitcoin Gold (BTG), MonaCoin ( MONA), Qtum (QTUM), and Golem (GNT). The coins are grouped in 54 pairs with BTC, ETH, and USDT".
https://cryptovest.com/news/japanese-messaging-app-line-opens-crypto-exchange-in-singapore/
"According to Financial News, BlackRock, the world's largest asset management company, has $5.4 trillion under its management., is going to move to the cryptocurrency market.
BlackRock has established a working group to explore ways in which the company can legally competently enter the fast-growing cryptocurrency market, despite the fact that its chief Executive officer has previously harshly criticized bitcoin".
https://www.fnlondon.com/articles/blackrock-begins-exploration-of-bitcoin-20180716
BlackRock has established a working group to explore ways in which the company can legally competently enter the fast-growing cryptocurrency market, despite the fact that its chief Executive officer has previously harshly criticized bitcoin".
https://www.fnlondon.com/articles/blackrock-begins-exploration-of-bitcoin-20180716
"A self-regulatory organization in Thailand plans to create a token designed to accelerate the process of payments for corporate bonds in the country.
The Association of the bond market of Thailand (TBMA) announced that it has received a green light from the Commission on securities and stock exchanges of Thailand to create a private blockchain, which will be available only participants of the debt market, such as registered issuers, investors and Depository organizations".
https://www.coindesk.com/thailand-is-planning-a-bond-coin-for-faster-securities-settlement/
https://www.bangkokpost.com/business/news/1504154/blockchain-registrar-use-under-study
The Association of the bond market of Thailand (TBMA) announced that it has received a green light from the Commission on securities and stock exchanges of Thailand to create a private blockchain, which will be available only participants of the debt market, such as registered issuers, investors and Depository organizations".
https://www.coindesk.com/thailand-is-planning-a-bond-coin-for-faster-securities-settlement/
https://www.bangkokpost.com/business/news/1504154/blockchain-registrar-use-under-study
"SEC opened the CBOE ETF filing for public comments and what it means for the crypto market.
Friday, August 10th is the day the SEC will announce if they will approve the Bitcoin ETF from CBOE or not, so mark your calendars people because this is gonna be HUGE".
https://www.sec.gov/comments/sr-cboebzx-2018-040/cboebzx2018040.htm
Friday, August 10th is the day the SEC will announce if they will approve the Bitcoin ETF from CBOE or not, so mark your calendars people because this is gonna be HUGE".
https://www.sec.gov/comments/sr-cboebzx-2018-040/cboebzx2018040.htm
The EOS network recorded a new record - 991 (already 1275) transactions per second. This number of transactions created an account blocktwitter http://eosnetworkmonitor.io
What’s Behind the Multi-Billion Dollar Venture Capital Interest in Crypto?
The mercurial rise in popularity for the ICO fund-raising model has led many industry observers and evangelists to conclude that the days of venture capital are long gone.
Indeed, the market for ICOs has exploded in the past year and a half. During the first quarter of 2018, ICO funding easily outstripped the full year sum for 2017. The ability for retail investors to contribute to projects they believe in, and the freedom it grants companies themselves, made ICOs appear as the only solution going forward.
Even so, the VC world has not stayed on the sidelines as many participants would be led to believe. The sector’s search for new profitable ideas and opportunities meant that eventually, the draw of cryptocurrencies and blockchain would be too strong to pass up. Many VC firms have also had time to establish themselves in the ecosystem, with crypto-centric funds starting to appear as early as 2013.
The reasons for this interest in a seemingly competing funding model is simple. For VCs, crypto and blockchain offer a market of untapped profit potential that provides significant liquidity and financial flexibility. Moreover, the increasing likelihood that blockchain is here to stay, and its embrace by the mainstream means that a VC company that doesn’t at least have a plan in place to adapt could be left in the dust.
https://www.ccn.com/whats-behind-the-multi-billion-dollar-venture-capital-interest-in-crypto/
The mercurial rise in popularity for the ICO fund-raising model has led many industry observers and evangelists to conclude that the days of venture capital are long gone.
Indeed, the market for ICOs has exploded in the past year and a half. During the first quarter of 2018, ICO funding easily outstripped the full year sum for 2017. The ability for retail investors to contribute to projects they believe in, and the freedom it grants companies themselves, made ICOs appear as the only solution going forward.
Even so, the VC world has not stayed on the sidelines as many participants would be led to believe. The sector’s search for new profitable ideas and opportunities meant that eventually, the draw of cryptocurrencies and blockchain would be too strong to pass up. Many VC firms have also had time to establish themselves in the ecosystem, with crypto-centric funds starting to appear as early as 2013.
The reasons for this interest in a seemingly competing funding model is simple. For VCs, crypto and blockchain offer a market of untapped profit potential that provides significant liquidity and financial flexibility. Moreover, the increasing likelihood that blockchain is here to stay, and its embrace by the mainstream means that a VC company that doesn’t at least have a plan in place to adapt could be left in the dust.
https://www.ccn.com/whats-behind-the-multi-billion-dollar-venture-capital-interest-in-crypto/
Crypto Markets Are Almost Deaf to News From the Outside World Traditional markets respond to the news all the time, so much so that news analytics companies have now become significant drivers (and distorters) of stock values and commodity prices. However, to what extent can the same be said for the crypto market? Is it influenced by world events, political developments, and the release of national economic indicators?
https://cryptonews.com/exclusives/crypto-markets-are-almost-deaf-to-news-from-the-outside-worl-2221.htm
$13.5 Million Hack Ignites Fresh Debate Over Crypto Project Bancor
Innovation is never easy. That said, sometimes it can be that much harder.
Such was the case for crypto project Bancor this week, which saw its design decisions and strategy picked apart on social media as it sought to contain the damage from a multimillion-dollar hack.
On Monday, the project announced its app was down for maintenance, and shortly after, it revealed a security breach had taken place. At the time, the project assured no user wallets were compromised. (The startup has since brought its platform back online.)
https://www.coindesk.com/13-5-million-hack-ignites-fresh-debate-over-crypto-project-bancor/
Innovation is never easy. That said, sometimes it can be that much harder.
Such was the case for crypto project Bancor this week, which saw its design decisions and strategy picked apart on social media as it sought to contain the damage from a multimillion-dollar hack.
On Monday, the project announced its app was down for maintenance, and shortly after, it revealed a security breach had taken place. At the time, the project assured no user wallets were compromised. (The startup has since brought its platform back online.)
https://www.coindesk.com/13-5-million-hack-ignites-fresh-debate-over-crypto-project-bancor/
Sentinel Chain and POA Network Form Strategic Partnership SENTINEL CHAIN AND POA NETWORK FORM STRATEGIC PARTNERSHIP FOR JOINT DEVELOPMENT OF ERC20-TO-ERC20 EVM CROSS CHAIN BRIDGE
Sentinel Chain and POA Network establish business and technical partnership for joint design and development of ERC20-to-ERC20 cross chain bridge that facilitates the integration of both ecosystems to extend the utility of SENC and POA20 tokens. Both networks will be fully compatible with Ethereum Protocol and support only Parity client 1.7 and later. This is a direct evolution in the world of blockchain, closing the gap between private and public blockchain implementations.
Sentinel Chain and POA Network establish business and technical partnership for joint design and development of ERC20-to-ERC20 cross chain bridge that facilitates the integration of both ecosystems to extend the utility of SENC and POA20 tokens. Both networks will be fully compatible with Ethereum Protocol and support only Parity client 1.7 and later. This is a direct evolution in the world of blockchain, closing the gap between private and public blockchain implementations.
https://cryptonews.com/news/sentinel-chain-and-poa-network-form-strategic-partnership-2235.htm
Coinbase Additions, Enterprise Patents, and Massive Hacks: This Week in Crypto
https://www.ccn.com/coinbase-additions-enterprise-patents-and-massive-hacks-this-week-in-crypto/
https://www.ccn.com/coinbase-additions-enterprise-patents-and-massive-hacks-this-week-in-crypto/
Kraken Mocks Coinbase, Sarcastically Claims it is Listing 1,600 Cryptocurrencies
https://www.ccn.com/kraken-mocks-coinbase-sarcastically-claims-it-is-listing-1600-cryptocurrencies/
https://www.ccn.com/kraken-mocks-coinbase-sarcastically-claims-it-is-listing-1600-cryptocurrencies/
Bitcoin Cash Network Highly Centralized, 49% of all Nodes Run on Alibaba’s Facilities: Bitpico
https://www.ccn.com/bitcoin-cash-network-highly-centralized-49-of-all-nodes-run-on-alibabas-facilities-bitpico/
https://www.ccn.com/bitcoin-cash-network-highly-centralized-49-of-all-nodes-run-on-alibabas-facilities-bitpico/
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