IBM became a shareholder of we.trade, a commercial finance platform owned by 12 European banks, signaling further consolidation on the enterprise's blockchain space. Ciaran McGowan, CEO of We.trade, said the deep relationship with Big Blue will help the platform in the next phase of global expansion. Right now, we have a very strong partnership with IBM for global replication and we are working closely together in Asia, Africa and Latin America, McG McGan said. . We.trade is different when it becomes the first enterprise blockchain group to launch in early 2018. This platform is formed by a group of banks to help European small and medium-sized businesses better access. with financial trade. IBM has been a technology partner of the project since its inception.
Online retailer Overstock has finally distributed its digital dividends to shareholders. Digital security was issued as Series A-1 shares on a 1:10 basis to all Overstock shareholders with a record date of April 27, 2020, according to a press release on Tuesday. Called OSKTO, dividends can now be freely traded, but only on Overstock's tZERO subsidiary platform, the platform is consolidated. Shareholders will need to open a brokerage account with a broker registered on tZERO ATS to trade stocks, the company said.
Block.one is about to start using its EOS allocation in ecosystem management, but the billion-dollar developer has some prerequisites. In a note last Friday, the Cayman Islands-based company, which controls 100 million EOS tokens, just under 10% of the current total supply, outlined the criteria they will use. to decide which candidate of the manufacturer (BP) will support and vote for There are only three requirements. Number two and three are: BP candidate button Node must run EOS software version version 2 or higher and must operate independently as a public query node.
Trust and Clearing Depository (DTCC), a financial market infrastructure giant, is investigating whether distributed ledger technology (DLT) can accelerate the process. stock handling or not. DTCC revealed two projects on Monday to integrate DLT with the capital market: Ion, a conceptual alternative payment service and Whitney, a secure method of issuing and exchanging private securities. Ion specifically envisions a radical future for a company that has a quick clearing and settlement route with nearly $ 2 million in securities each year - almost the entire US stock market.
The price of bitcoin, which seems to be struggling with buyer exhaustion, has had a negative effect in the past 24 hours despite positive developments on both macro and technical fronts. Leading cryptocurrencies by market value have dropped from $ 9,760 to $ 9,100 during trading hours on Wednesday, even as major investment banks JPMorgan Chase and Goldman Sachs called for an increase in the size of the The program of purchasing government bonds increased inflation due to the Federal Reserve and other organizations running large central banks. Bitcoin is increasingly being noticed as an investment alternative that is not prone to inflation.
Cryptocurrency lending and trading firm Genesis Global Trading is moving towards a full-service main broker with the acquisition of cryptocurrency custody company Vo1t, the company announced on Thursday. New York-based trading company, a subsidiary of CoinDesk, has acquired Vo1t to start developing a full suite of major brokerage services under one roof including loans, transactions, and depository. The terms of the deal were not disclosed.
Bittrex really did not want to participate in the battle that is currently raging in the Steem community. Richie Lai, co-founder of U.S.-based cryptocurrency exchange, posted a notice late on Wednesday saying his company would return - reluctantly, it seems - electricity money. a million-dollar dispute in the back of the Steem wallet that no one knows who controls. After 23.6 million stolen tokens were confiscated from anti-community protesters during a hard Steem fork on Wednesday, they were quickly transferred to Bittrex by an individual (or individual). determined with the hope they will be returned to their original 64 owners - currently all non-grata persona at the blockchain project.
The harsh new rules that cause many users of digital assets to be punished with fines or prisons could soon become law in Russia. A new bill that outlines how Russia should regulate cryptocurrencies was sent to the state parliament, Duma, earlier this week. Although the planned official website for the law has not been updated, the two documents were published on OrderCom Telegram and confirmed as real by RBK sources. Legislative proposals were reported by employees at the Skolkovo Digital Economy and Business Acceleration team. They are looking for a new version of the digital asset bill, which has been stuck in Duma for more than two years, as well as additions focused on cryptocurrencies to the nation's criminal code.
Recently I took my 7-year-old son on a bike ride and he started crossing the street without looking. I grabbed his steering wheel and shouted, did you look both ways, and he answered, brother, I forgot. Fortunately, there was no traffic that day, and I was right beside him, but I explained to him that remembering both ways is not a luxury you can forget. But looking back, I realized that I didn't remind him of that before we started. Stupid, I only focused on the rewarding experience of riding a family bike in perfect weather, and for a moment lost the downside risks.
Anchorage now has six executives in its C-suite, hiring a head of finance and head of sales with experience in both tech and Wall Street. Julie Veltman, who’s joining the crypto custodian as head of finance, has issued new asset-backed securitizations for Merrill Lynch’s Structured Product Capital Markets group. She also built out a broker-dealer, debt issuance platform and fixed-income trading business for financial services firm Cohen & Company. Most recently, Veltman drove financial planning, reporting, and efficiency at Salesforce.