Tag: Platform

Blockchain platform for trading securities OTC moves forward with SEC approval

A Delaware company is seeking registration with the United States Securities and Exchange Commission (SEC) to carry out over-the-counter (OTC) stock trading on-chain.  BlackStar Enterprise Group has been developing the platform since 2018 and spent almost two years in communication with the regulator, answering dozens of questions and comments from examiners. Recently, the company has taken the next step in providing a detailed plan to the SEC Trading and Market division about how its platforms will be operated. BlackStar CEO Joseph Kurczodyna told Cointelegraph that he sought the SEC’s permission…

HashKey Expands Its Business, Launches Wealth Management Platform

HashKey is looking to attract both private and institutional investors with its newly-launched platform. Digital asset firm HashKey Group has added wealth management services to its list of offerings. The Hong Kong-based firm shared the development via a Friday,  April 14 announcement. Per the announcement, there is presently a high demand for wealth management services. Therefore, HashKey is looking to attract both private and institutional investors with its newly-launched platform. Part of the statement reads: “Despite recent market volatility, there is a significant demand from investors to access virtual assets.”…

Virgin Money Launches Digital Wealth Platform with Leverage from Leading Financial Services Facilitator FNZ

Virgin Money has launched a digital platform that caters comprehensively to first-time and professional investors.  Virgin Money has launched a digital retail wealth management platform for traders through a joint venture partnership. The Virgin Group financial services brand partnered with British-based global investment platform Abrdn to grant investor access to various investment funds. Virgin Money also leverages technology from FNZ for its digital platform initiative. First-time and seasoned investors will have online and mobile access to three investment choices within an ISA or GIA. The three available funds within the Individual Savings…

Twitter Works with eToro to Let Users Trade Stocks on Microblogging Platform

The Twitter-eToro stock-trading initiative is a milestone under Musk’s watch as the Tesla CEO strives to transform Twitter into a super-app.  Twitter is partnering with Israeli financial services facilitator eToro to bring stock trading to users of the social media giant. According to reports, starting today, Twitter users can buy and sell stocks and securities via eToro. The Twitter-eToro partnership is a rare deal for the microblogging platform’s owner Elon Musk since he assumed control last October. Furthermore, the collaboration between both companies underscores Musk’s intent to transform Twitter into a “super-app” that offers social media and…

Metaverse Platform MetaPoint Suffers $1M Exploit that Sinks POT Value by 80%

The MetaPoint exploit once again casts doubt on the fortification of blockchain technology after the platform lost more than 2,500 BNB. Metaverse platform MetaPoint recently experienced an exploit that cost roughly $1 million in Binance Coin (BNB). According to reports, the cyber attackers made away with 2,515 BNB, raising concerns about blockchain vulnerability. The MetaPoint exploit also comes as the tech space begins restraining its expectations regarding the emerging metaverse. MetaPoint Yet to Properly Address Exploit MetaPoint has yet to issue an official statement on the exploit and whether it…

Lightspark Announces New Bitcoin Lightning Platform for Businesses

Some of the major features of the lightning network by Lightspark are its security and reliability. It presents itself as a secure infrastructure for enterprise-grade payments. Bitcoin tech infrastructure company Lightspark has unveiled a lightning platform for businesses. Lightspark was created in 2022 to power payments on the lightning network and has been quiet since its introduction last year. The company was developed to “explore, build and extend the capabilities and utility of Bitcoin” and is led by ex-PayPal president and co-creator of Diem. Lightspark took to Twitter to announce the Lightning…

Aumenta Solutions, MSI, Jelurida Partner for Blockchain-Based Port Infrastructure Maintenance Platform

Aumenta Solutions and MSI’s port infrastructure maintenance project is based on the Ardor blockchain and makes use of augmented reality technology. The TECNIO Centre EASY research group’s Aumenta Solutions, an augmented reality solution provider for industry, engineering and architecture professionals, has partnered with shipping company MSI and blockchain development and maintenance firm Jelurida to transform the port infrastructure maintenance industry. The collaboration will incorporate blockchain technology and augmented reality to provide real-time maintenance data sharing, increase efficiency and reduce system downtime. TECNIO Centre EASY is a research group from the…

Winklevoss Twins Lent Their Crypto Platform Gemini $100M: Bloomberg

The $100 million figure stands out in part because that equals the amount Gemini agreed to give some of its customers as part of the Genesis bankruptcy case. Genesis, which, like CoinDesk, is owned by Digital Currency Group (DCG), froze withdrawals in the aftermath of FTX’s collapse last year, a decision that locked up money for customers of Gemini’s Earn yield product. As part of a February settlement DCG reached with creditors, Gemini said it would contribute up to $100 million to Earn users. Source