Day: February 19, 2020

Openfinance Lists New Security Token in Charity Fundraising Effort

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Openfinance, a platform for secondary market trading of digital assets, is listing Lottery.com’s LDCC security token for U.S. investors. Both accredited and unaccredited investors can buy and trade the LDCC token on Openfinance’s alternative trading system (ATS), the company announced Wednesday. Issued on the ethereum blockchain, the token was designed to entice investors into raising funds for charities across the globe. “We believe that digital security offerings are the future of fundraising. The transparency inherent in this type of offering aligns with our overall mission,” Lottery.com CEO Tony DiMatteo said…

An Abundance of These Hidden Signs Show Bitcoin is About to See Explosive Momentum

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Bitcoin has found some notable stability above $10,000 following yesterday’s massive rally that allowed BTC to surmount the resistance it was facing between $9,600 and $10,000. Its recent bounce does suggest that bulls have some significant strength. The course of its recent uptrend has also allowed the cryptocurrency to build some technical strength, and analysts are now noting that an abundance of hidden bullish divergences are likely to lead the crypto higher in the near-term. As for where BTC’s bulls may target next, one prominent trader is targeting a near-term…

New Leaders at Bank for International Settlements Fintech and DLT Research Centers

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The Bank for International Settlements (BIS) has appointed heads at the BIS Innovation Hub’s centers in Singapore and Switzerland. In a Feb. 19 announcement, the BIS revealed that Andrew McCormack — who currently serves as chief information officer at payment clearing and settlement firm Payments Canada — will now be the head of the BIS Innovation Hub Centre in Singapore. At the same time, Morten Bech, Head of Secretariat for the Committee on Payments and Market Infrastructures (CPMI) at BIS, will manage the Hub Centre in Switzerland. Fostering cross-border cooperation…

PS5 Will Dominate VR With New Patented Controllers

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Sony recently patented a controller design that looks like it might be the new controller for the PSVR 2 system. If this patent is for the PS5 it could indicate that Sony plans on chasing VR hard in the next generation. These new controllers will bring the PS5 in-line with PC VR hardware. Virtual reality (VR) versus cloud gaming seems like the battleground on which the ninth generation console war will be fought. Xbox is backing cloud gaming with Project xCloud. Sony is heavily backing VR with a new PSVR…

Binance Halts Trading to Resolve Technical Problem

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Major cryptocurrency exchange Binance halted trading on its platform to resolve an unexpected technical issue with its infrastructure. An announcement published by Binance on Feb. 19 notes that, due to unscheduled system maintenance, the exchange suspended most of its activities. More precisely, as of press time, it is not possible to perform “deposits, withdrawals, spot trading, margin trading, P2P trading, lending, redemption, as well as asset transfers from sub-accounts, margin accounts, futures accounts, and fiat wallets” on the platform. In a statement shared with Cointelegraph, Binance reassured its users that…

Why Virgin Galactic Stock Will Come Crashing Back to Earth

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Virgin Galactic’s stock price has been soaring in recent weeks. The company initially claimed it would be sending tourists to space by summer. But management seems to be backpedaling. Virgin Galactic’s murky financials are cause for concern. Investors should be cautious about the stock. Virgin Galactic (NYSE: SPCE) is a stock that investors want to believe in. It’s a pioneer in space tourism. And it’s the only publicly-traded game in town since Blue Origin and SpaceX are both private. That’s why the startup has seen its market cap rocket to…

Blockstation Builds Disclosure Tool for Security Token Issuers on Jamaica Stock Exchange

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Blockstation, a Canadian digital asset trading systems firm, has built a fast-track disclosure filing process for companies hoping to list security tokens on the Jamaican Stock Exchange (JSE). Announced Tuesday alongside JSE’s launch of a tokenized Initial Public Offering (IPO) platform, Blockstation’s new tool, called the Smart Listing Accelerator Process (SLAP), is designed to streamline the filing of required regulatory disclosures and prospectuses, said CTO and co-founder Jai Waterman. Waterman said SLAP “lowers the barrier to entry” for companies that want security token offerings (STOs) but do not know how to…

Maker (MKR) Stages Bull Run on $14M Liquidity Wipeout

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The price of Maker (MKR) crypto tokens surged by an impressive 16 percent in just four hours this Wednesday. The twenty-fifth largest blockchain asset by market cap hit a seven-month high to $727. The move uphill came as MKR’s liquidity on Uniswap Exchange dropped from $20 million to $6 million, leading to a supply deficit. Financial data analysts at Token Terminal noted that the liquidity wipeout made MKR market thinner and, in turn, “easier to pump.” 1. $MKR @UniswapExchange liquidity suddenly dropped from $20M to $6M.2. $MKR price is up…

Bitcoin Tempts Shattering All-Time High After Historic Golden Cross

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Bitcoin’s golden cross is a sign that a strong bull market is likely on the horizon. Statistics reveal that bitcoin may post a new all-time high in six months. Analysts believe that a new all-time high this year is definitely possible. Bitcoin is in the midst of a disbelief rally. The largest cryptocurrency has breached psychological resistance at $10,000 and is up over 41% year-to-date. Above $10,000, there’s very little stopping BTC from printing new all-time highs. Bitcoin has two major resistances to break before hitting all-time high. | Source:…

Square Enix Tricks Gamers with Shady Kingdom Hearts Bait & Switch

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A new campaign has been announced for the Kingdom Hearts Union χ app. Despite being included in the app, Square Enix claims this is an entirely “new” game. If this is one of the new games that we were promised, then the future of Kingdom Hearts is bleak. The internet was abuzz after Square Enix announced that two new studios would produce Kingdom Hearts games. Many longtime fans were cynical about the whole thing, and it turns out our skepticism was entirely justified. Today we learned that at least one…