Cryptocurrency Analysis and News Portal
Social media networks with crypto aspirations must guard their systems against criminal exploitation, the U.S Treasury Department's deputy fiscal crimes enforcer said at an anti-money laundering (AML) conference.In prepared remarks, Jamal El-Hindi, deputy director of the Financial Crimes Enforcement Network (FinCEN), said these “new payment technologies” need to be held
Read More
ConsenSys has purchased a U.S.-based broker-dealer in an attempt to overhaul the multi-trillion-dollar municipal bond market.The ethereum-focused VC and technology company said it had completed the purchase of the Philadelphia-based Heritage Financial Systems, Bloomberg reported Tuesday. The acquisition gives ConsenSys advisory and broker-dealer capabilities in the U.S., allowing it to
Read More
ConsenSys, a major blockchain firm founded by Ethereum co-founder Joseph Lubin, has acquired an American broker-dealer, Heritage Financial Systems.Heritage, a broker-dealer registered with the United States Securities and Exchange Commission (SEC), has been acquired by ConsenSys’s own broker-dealer, ConsenSys Digital Securities. ConsenSys’ blockchain-powered commerce and finance arm ConsenSys Codefi
Read More
The United Nations Development Programme has partnered with Dutch NGO the FairChain Foundation to use blockchain for the more equitable funding of cocoa farmers.According to an Oct. 17 report from SpringWise, the partners will launch a new chocolate bar, made with Ecuadorian-grown cocoa, together with a token-based scheme that
Read More
Ripple partner CoinField has today announced its XRPL powered crypto exchange which teases us with a glimpse of the future. Sologenic is a sophisticated XRPL eco-system allowing the trade of on-demand tokenized assets, stocks and ETF’s from over twenty-five global exchanges. We’re making it easy for people around the world to have
Read More
The National Basketball Association (NBA) notified Brooklyn Nets’ player Spencer Dinwiddie that he cannot tokenize his $34.4 million contract.As The New York Times reported on Sept. 27, the NBA pointed out that Dinwiddie’s initiative goes against the collective bargaining agreement in a statement sent to the outlet. The statement
Read More
Spencer Dinwiddie of the Brooklyn Nets professional basketball team is reportedly planning to tokenize his $34 million NBA contract extension.Following a three-year $34 million NBA contract extension, Dinwiddie is reportedly going to sell digital tokens tied to the contract, wherein investors in the offering would receive principal and interest,
Read More
The Liechtenstein Cryptoassets Exchange LCX has cut a deal with Hollywood superstar actor Wesley Snipes to tokenize a $25 Million USD movie fund, investing in upcoming motion picture and television shows produced by the famous actor and his production studio Maandi House. advertisement Wesley Snipes said: “It’s an exciting time now that all
Read More