Business

STO Platform’s Registration with Traditional Bank Helps Move Security Tokens Forward

[ad_1] Security token offering (STO) platform, Blockpulse, has obtained registration with the ACPR Bank of France.Blockpulse “registered at ACPR Banque de France with its partner, Lemonway, the leading European digital payment solution for investment platforms,” Blockpulse COO Marien Irzykiewicz told Cointelegraph. The company also alleges that the outfit is the first STO platform to achieve registration with the french entity.Confirmation of their registration is available on the ACPR Bank of
Business

Tezos Grants $37 Million to Ecosystem Developers

[ad_1] The Tezos Foundation released its second Biannual Report, detailing the group’s progress in Q3 and Q4 of 2019. Published on March 19, the report reveals that the foundation owns $635 million in assets — much more than the $232 million raised in its infamous initial coin offering.When asked how the foundation was able to achieve such a warchest, the company’s CFO, Roman Schnider, revealed to Cointelegraph that the project
Business

If Economic Crisis Deepens Bitcoin Will Shine as the New Gold

[ad_1] Philip Salter, head of operations at Genesis Mining, believes that economic meltdown may lead to a growing value for Bitcoin as a hedge against the banks.In the last couple of weeks, there has been a lot of turmoil in the Bitcoin world. There was a rapid decline in hashrate, followed by an even more precipitous price drop. This was particularly troublesome in view of the impending halving.Cointelegraph has had
Business

Chrono Tech Launches Australian Dollar Stablecoin in Spite of ‘Big Four’ Banks

[ad_1] Australian blockchain firm, Chrono Tech, has been experiencing difficulties securing a banking partner amid the launch of an Australian dollar (AUD)-pegged stablecoin earlier this month.The AUD Token (AUDT), available on Chrono Tech’s platform, can be redeemed 1:1 for Australian dollars held by a licensed Australian bank. However, as Chrono Tech’s CEO, Sergei Sergienko, reveals, securing a banking partner was not easy.In an interview with Cointelegraph, Sergienko discussed his company’s
Business

Bitcoin Price Drops $1,000 as Stocks Plummet — Bulls Quickly Buy the Dip

[ad_1] Today as the closing bell rang at Wall Street, Bitcoin (BTC) price corrected sharply, pulling back below $6,000 less than 24-hours after hitting a 7-day high at $6,900. The $1,000 drop from $6,670 to $5,670 is sure to have shocked investors as it is slightly below analyst’s price correction estimates but at the time of writing it appears that traders are buying into the dip.Crypto market daily performance. Source:
BLOCKCHAIN

Following Bittrex Listing, UPT Token Pumps on Thin Volume

[ad_1] Bittrex Global has listed two stablecoins and a utility token issued by ‘The Universal Protocol Alliance’ (UPA) after joining the UPA.The new listings comprise stablecoins Universal Dollar (UPUSD) and Universal Euro (UPEUR), in addition to the Universal Protocol Token (UPT).UPT rallies on Bittrex listingThe announcement appears to have comprised a boon for UPT — with the token gaining nearly 170% in 24 hours.Despite the strong price performance, the move
BLOCKCHAIN

P2P VPN Provider to Offer Their Services to Journalists for Free

[ad_1] U.S-based Peer-to-Peer VPN Provider Orchid will start offering a private network for free to journalists across the globe, according to an announcement made on March 20.According to Orchid, journalists who have press credentials and proof of status, regardless of their geographical location, can send an email to the company so they can access the network. VPN free as a measure against press censorshipSpeaking with Cointelegraph, Dr. Steven Waterhouse, CEO and
Business

U.S. Government Extends Daily Trillion Dollar Repo, Again Dwarfing Crypto Market Cap

[ad_1] The U.S. government has extended its daily trillion-dollar repo mission until the end of March, making the entire crypto market cap seem even smaller by comparison.“The Federal Reserve Bank of New York announced it will further extend its daily repurchase agreement operations (also known as ‘repo’) to $1 trillion for the rest of March,” CNBC said in a March 20 news update.“Repos are when banks submit high-quality collateral, such
BLOCKCHAIN

Folding@Home Surpasses 400,000 Users Amid Crypto Contribution

[ad_1] In a recent Reddit ask-me-anything (AMA) Gregory Bowman, Folding@Home’s (F@H) director, revealed that the project currently has 400,000 computers actively contributing to research.“We had about 30K users before the pandemic started,” he stated, adding: “In the past two weeks, 400K volunteers have joined Folding@home.”The number of F@H donors has increased 1200% in four weeksFolding@Home is a platform that diverts donations of spare computational power toward medical and scientific research.
Business

World Federation of Exchanges Says Crypto Terminology Needs Clarity

[ad_1] Responding to crypto-related regulatory framework from the European Union, the World Federation of Exchanges, or WFE, called for clarity between digital asset and crypto asset classifications.“We believe there could be value in adopting a single EU classification which covers both: digital-assets and also crypto assets, as a subcategory,” the WFE wrote in response to questions posed in a March 20 report.A new industry charts murky watersBlockchain and crypto have