SK Group’s Securities Arm Teams Up With Blockchain Real Estate Firm
SK Securities, a branch of South Korea’s largest telecom SK Group, partners with a blockchain real estate firm Kasa Korea Go to Source Powered by WPeMatico
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Arca Funds Files With SEC to Issue Stablecoin-Like Digitized Shares on ETH Blockchain
Institutional-grade investment management firm Arca Funds filed with the SEC to issue digitized securities as ERC-20 tokens on the ethereum blockchain Go to Source Powered by WPeMatico
London-Based Blockchain Startup Raises $3.9M with Equity Tokens on LSE’s Turquoise
London-based blockchain startup 2030.io has raised $3.9 million by selling equity tokens on a platform owned by the London Stock Exchange Go to Source Powered by WPeMatico
South Korea’s Largest Crypto Exchange Sold to Singapore-Based Consortium
The largest cryptocurrency exchange in South Korea by trading volume, Bithumb, has reportedly been sold to a Singapore-based consortium for approximately 400 billion won or $354 million. Bk Global Consortium, led by plastic surgeon Kim Byung-gun, will acquire the controlling stake and become the largest shareholder of Bithumb. Also read: 160 Crypto Exchanges Seek to Enter … Read more
Northern Bitcoin, Rawpool Sign Wallet and Mining Deal
Germany’s Northern Bitcoin AG (MUN:NB2) has agreed to offer Bpal Wallet, a wallet and payments app created by China-based Rawpool Group, in the European market. The agreement between the Munich-listed company and the bitcoin cash (BCH) miner, effective from today, also covers mining operations and cryptocurrency exchanges. Shares of Frankfurt-based Northern Bitcoin AG rose 2.8 percent … Read more
FT Highlights Crypto as One of Last 10 Years’ ‘Biggest Changes’ in Financial Markets
FT releases special report on financial markets, outlining crypto as one of the “biggest changes” globally over the past 10 years Go to Source Powered by WPeMatico
Mining Round-Up: Nvidia Shares Drop, College Students Mine on Campus
In recent news pertaining to cryptocurrency mining, Nvidia has witnessed a drop in its share price after announcing an unexpectedly modest earnings outlook – partly driven by reduced demand for mining hardware. Also, the World Digital Mining Summit has been scheduled for late September in Tbilisi, Georgia, and reports continue to surface detailing opportunistic students … Read more
Bafin Clarifies Stance on ICOs as More Germans Ask About Tokens
Germany’s financial regulator has clarified its position on initial coin offerings. Bafin admitted it was receiving many inquiries about the status of tokens and cryptocurrencies distributed to investors through ICOs. The federal agency advised interested parties to refer to regulations applicable to traditional financial instruments and comply with current requirements. A new survey found out … Read more
TD Ameritrade CEO Says Young Investors Focused on Cryptocurrencies and Pot
This week Tim Hockey the chief executive officer of the large brokerage firm, TD Ameritrade, revealed that his company is seeing a “huge uptick” in investments from millennials tied to cryptocurrencies and cannabis. Also read: The Marketing Ploys of Clones: Another Project Aims to Create a ‘Perfect Bitcoin’ Millennials Are Investing a Great Deal In Cannabis … Read more
Grayscale Will Launch Stock Split for Bitcoin Trust Shares
This week the sponsor of the Bitcoin Investment Trust, Grayscale Investments has announced the launch of a 91-for-1 stock split of the Trust’s issued and outstanding shares. According to Grayscale, the division will take place on January 22 and shareholders will receive 90 more shares on top of their original shares held. Also read: Markets Update: … Read more
