Post-Trade Market Infrastructure Giant DTCC Publishes Guidelines for Tokenized Securities

The Depository Trust & Clearing Corporation (DTCC), a global post-trade market infrastructure giant, has published a white paper outlining guiding principles for the post-trade processing of tokenized securities. News of the white paper was announced in an official DTCC press release on March 13. The paper — targeted at regulators and other market participants — identifies the characteristics that are unique to the emerging tokenized security asset class and its market structure. In the press release, DTCC proposes that: “The market for trading crypto assets that are security tokens where…

Crypto Markets See Mixed Action While Bitcoin Holds $3,900, US Stocks Rise

Wednesday, March 13 — cryptocurrencies continued trading sideways today, with most of the top 20 cryptocurrencies by market capitalization seeing moderate price changes since yesterday. Market visualization from Coin360 Bitcoin (BTC) has managed to hold the $3,900 price threshold by press time, staying relatively stable since March 6. However, the biggest cryptocurrency dropped below the price point earlier on the day, with the intraday low of $3,891. At press time, Bitcoin is trading at $3,910, down around 0.01 percent over the past 24 hours. Bitcoin 30-day price chart. Source: CoinMarketCap…

Bitcoin, Ethereum, Ripple, Litecoin, EOS, Bitcoin Cash, Binance Coin, Stellar, TRON, Cardano: Price Analysis, March 13

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Barclays internet analyst Ross Sandler believes that a cryptocurrency by Facebook could add $19 billion to its revenue by 2021. If that happens, it will help expand the reach of cryptocurrencies and will be a major sentiment booster for the whole sector. Overstock.com’s blockchain…

Bitcoin (BTC) On Demand, ATM Double Spending Scare

Bitcoin prices stable along the 20-day MA Calgary based Bitcoin ATMs post huge losses after double-spending attacks Transaction volumes low averaging 7.3k by Mar 12 close Thieves steal $200k worth of Bitcoin in ATMs across seven Canadian cities. Nonetheless, prices are stable and above $3,500 meaning Bitcoin (BTC) buyers have a chance for $6,000. Bitcoin Price Analysis Fundamentals By substituting speed and convenience over security and fund safety, four scammers-who clearly had requisite technical expertise to pull off such a heist-found a gap and made away with $200k worth of…

Security Token Offerings ‘are Not Fundamentally Different From ICOs’

Security token offerings (STO) are becoming more popular, relative to initial coin offerings (ICO), according to a new report by Big Four firm PwC’s global consulting subsidiary Strategy&. Released on March 8, the firm’s forth ICO and STO report was developed in collaboration with the Swiss Crypto Valley Association. According to the joint report, STOs “are not fundamentally different from ICOs.” The document states that STOs are “a more mature and regulated form” of fundraising, noting — given the definition of a security — that the tokens sold in an…

Crypto Exchange Becomes Sponsor of Premier League Football Team and Its Ad Goes Viral

A crypto exchange platform has established a sponsorship deal with an English Premier League football club and is celebrating after its 200,000th user registered with its service. CoinDeal’s partnership with Wolverhampton Wanderers has resulted in its branding featuring prominently on the team’s kit, and a promotional video released at the start of February has gone viral, attracting over 400,000 views on YouTube. The 37-second spot, partially filmed at the Wolves’ ground at Molineux Stadium, their home for 130 years, aims to highlight the fast verification, vast payment methods, attentive support…

Ripple (XRP) See-Saws, Bulls Flowing In, 40 Cents Possible

Ripple prices up, could print above 40 cents Binance’s Trust Wallet offer XRP support Transaction volumes likely to increase as XRP close above 40 cents Binance will continue supporting Ripple (XRP) as long as it is a utility. Therefore, with these developments, odds are XRP prices will close above 40 cents and even 60 cents. Ripple Price Analysis Fundamentals Pointing out that in the last AMA session someone said he was the leader of the so-called XRP Army Changpeng Zhao has announced that their latest acquisition, Trust wallet, now supports…

Coinbase Completes First OTC Crypto Trade Directly From ‘Cold’ Storage

Coinbase Custody has just completed its first over-the-counter (OTC) trade directly out of cold, or offline, storage. Announcing the news in a blog post on Wednesday, the San Francisco-based cryptocurrency exchange said the trade occurred after its Custody service had been “directly integrated” with the OTC desk at Coinbase Pro. The news, it said, was a “major unlock” for its clients as it marked the availability of “immediate” liquidity. Previously, a trader would have to withdraw assets from cold storage – where the private keys are kept on a device…

New York Times Posts ‘Blockchain Exploration’ Job Listing, Removes It Hours Later

United States news giant the New York Times (NYT) has evidently been hunting blockchain talent to develop a proof-of-concept (PoC) that will implement the tech in news publishing. The development was revealed in an NYT job posting on job listings site Glassdoor today, March 13. To press time, the original listing has been taken down from the Times’ site, and has been made “unavailable” on some listings sites, such as Indeed, where it nonetheless remains visible. The reasons for its swift removal have not been explained. As of the time…

Blockchain Startup CEO Kidnapped in Kiev

Sunday, a Ukranian blockchain CEO got kidnapped in Kiev. Gregory Kucherkov is the CEO of Cornerstone, an effort to fund real estate investment with a blockchain token. Conerstone is planning an ICO. CCN received a tip from COO Fedir Martynov, and reached out to him by phone. Martynov tells us that the firm has already raised some capital for its ICO in a private sale, and they and the local police believe this may be the motive for the kidnapping. Currently Cornerstone is preparing for an ICO, and has already…