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“# Blockchain trading platform INX completes $125M SEC-approved token IPO ” INX Limited has completed the first-ever Securities and Exchange Commission-approved token sale event via an initial public offering. According to a release issued by the company, the blockchain trading platform raised $85 million in gross proceeds from over 7,200 investors — both retail and…
“# We all know the issues with DeFi — but what are the answers? ” Decentralized exchanges have indelibly changed the way that cryptocurrencies are traded. But in the grand scheme of things, the technology that’s driving these platforms is relatively young… meaning it’s inevitable that teething problems have emerged. Some of the heavy hitters…
“# Russian space agency uses blockchain to protect intellectual property ” Russia’s space agency, Roscosmos, aims to fight intellectual property infringement in the space industry wit blockchain technology. Roscosmos started testing an IP protection solution based on the Waves Enterprise blockchain platform, a hybrid blockchain platform developed by the eponymous local blockchain firm. Dubbed IP…
“# Binance to launch Microstrategy, Apple, and Microsoft stock tokens ” Top crypto asset exchange Binance has announced it will list three new stock tokens over the coming week, following the launch of tokens tracking the performance of Tesla and Coinbase shares earlier this month. On April 26, Binance announced it will launch tokenized stock…
“# EU regulators reportedly scrutinize Binance over securities law compliance ” Cryptocurrency exchange Binance’s latest product — digital stock tokens representing fractions of equity shares like Tesla and Coinbase — is reportedly being studied by European and British regulators over its possible non-compliance with securities laws. A new report from the Financial Times claims that…
“# Ampleforth launches FORTH governance token as adoption grows ” Base-money protocol Ampleforth has announced the launch of a new governance token Wednesday, setting the stage for further expansion and community engagement following a successful year of adoption. The project said that the FORTH token is meant to serve as the basis of Ampleforth’s evolution,…
“# Facebook-backed Diem Association reportedly to launch stablecoin pilot in 2021 ” Facebook-backed digital currency project Diem could yet launch its first stablecoin in 2021 as a small-scale pilot, according to an anonymous source. Cited in a CNBC report published on April 20, the source claimed that the Switzerland-based nonprofit The Diem Association is still…
“# Deutsche Telekom invests in mobile DeFi platform Celo ” Deutsche Telekom, one of the largest telecom providers in Europe, has invested in blockchain payments platform Celo to support the development of decentralized finance. The telecom giant has made a “significant purchase” of Celo’s native token CELO through its strategic investment fund, the Telekom Innovation…
“# Not going anywhere for a while? Grab a Dogecoin, says Snickers candy ” Snickers, the chocolate bar sold around the world for more than 90 years, is getting into the crypto space by promoting the meme-based cryptocurrency Dogecoin. In a tweet today, Snickers posted an image of the Dogecoin (DOGE) Shiba Inu dog atop…
“# As DeFi tokens surge, CRV indicates a bumper crop for ‘DeFi Summer 2.0’ ” Fire up your tractors: The farmer’s almanac of decentralized finance is indicating that DeFi Summer 2.0 could feature some healthy yields across the ecosystem. Multiple common metrics used to gauge the health of the DeFi space are pointing toward a…