Overstock Invests $2 Million In Blockchain-Based ID Company
Cryptocurrencies are mixed as Overstock.com launches tZero token platform
Crypto Market Recap
Cryptocurrency prices are broadly mixed this afternoon with the price of Bitcoin (BTC) up 0.09% in the last 24 hours to USD$3,594.75. Binance Coin (BNB) is posting the largest gains among major cryptocurrencies, up 3.25% in the last 24 hours to USD$6.70. IOTA (MIOTA), meanwhile, is down the most among major cryptocurrencies, falling 1.06% over the last 24 hours to USD$0.291356. BNB flipped MIOTA to become the 12th largest cryptocurrency by market capitalization as a result of the coins’ respective gains and losses.
Crypto Developments in Financial Services
Overstock, a US e-commerce giant who is transitioning business practices into the blockchain and crypto industry, has launched live secondary trading of itstZEROtokens, as per a press release Thursday. Secondary trading of tZERO is available only to accredited investors through a digital securities account at Dinosaur Financial Group, who will act as a broker-dealer. CEO of tZERO, Saum Noursalehi, said on the token launch, “The world of security tokens has lacked a regulated venue for secondary trading. The trading of our own security tokens is the cross of the Rubicon for the new world of digital assets. This will create liquidity, democratize access, bring transparency and efficiency to global markets, and accelerate the adoption of security tokens.”
Major US-based cryptocurrency exchange and wallet service Coinbase has announced the addition of services to enable users in the US to claim crypto trades on their taxes. In addition to an extensive crypto tax educational guide, Coinbase also added integration with popular tax software TurboTax on its platform. Coinbase aims to add clarity for its users regarding cryptocurrency transactions and their tax requirements with the launch of its new services.
Crypto Regulatory Environment
Elizabeth Rossiello, the CEO and founder of African blockchain startup BitPesa, has been appointed by the World Economic Forum (WEF) to serve as one of two co-chairs of the Global Blockchain Council, as per an official press release. According to reports, Rossiello has been working with industry experts and the Global Blockchain Council’s thirty members at the WEF Annual Meeting in Davos, Switzerland to determine the agenda and priorities of the council. As per the press release, the Global Blockchain Council was established, “to shape a global technological policy and corporate governance agency,” in the fields of cybersecurity and blockchain.
General Crypto News
Aetna, a US-based health insurance giant, is partnering with IBM to develop a blockchain platform for the healthcare industry, according to a Reuters report Thursday. Aetna and IBM also issued a joint statement specifying that the blockchain platform will be tailored to streamline insurance claims processing and payments. Other notable US companies, including PNC Bank, Health Care Service Corporation, and Anthem Inc. Have also joined the blockchain initiative.
A new survey published by the Global Blockchain Business Council, a global trade association, finds that 40% of institutional investors believe blockchain could be the most important innovation since the Internet. The survey questioned 71 investors with the results being revealed at the World Economic Forum in Davos, Switzerland. 38% of those surveyed also believe that firms will need to reveal their approach to blockchain technology within the next five years.
The utmost quantity of tweets per day this 12 months about Bitcoin was 75,543. Hottest posts about Bitcoin. This was one in every of yesterday’s most engaged tweets about Bitcoin: #Binance is happy to announce the launch of Binance Pool, providing Proof of Work (PoW) and Proof of Stake (PoS) providers for quite a lot of cash and tokens. The assurance that the company is committed to its cryptocurrency and blockchain position comes after Overstock suffered a 23% decrease in revenue. According to a Sept. 18 press release, Overstock is working with regulatory authorities on making its digital asset-based dividend freely tradable by non-affiliates following distribution. As such, the company will not have to put its dividend shares on the six-month holding period as required under Rule 144 enforced by the United States Securities and Exchange Commission. Commenting on the ... Overstock invests $2 million in the blockchain-based identity company Evernym via its venture arm –Medici Ventures according to the press release from the company which we have in our Blockchain news today.. Medici ventures participate in the Simple agreement for future equity of the blockchain ID company which will be transferred into the preferred stock at an undisclosed date. Binance, the world’s second largest crypto exchange by adjusted volume, has released its official Trust Wallet on its decentralized trading platform Binance DEX. The news was revealed in a press release shared with Cointelegraph on June 4. As previously reported, Binance acquired Trust Wallet — an open source, decentralized wallet that initially offered native support […] Binance kündigt den Start ihrer Kreditplattform an. Anleger können auf ihre ungenutzten Krypto-Assets eine Rendite von bis zu 15 Prozent generieren. Zudem möchte Binance neue Kunden gewinnen und plant daher weitere Projekte und Services. Binance gehört nach Handelsvolumen zu den größten Handelsplätzen für Kryptowährungen weltweit.
CoinMarketCap EXCLUDES Korean Exchanges! Binance Reopens to New Users!
Also, Binance has released their trading platform to new users! If you enjoyed the video, please be sure to subscribe and like.. I upload daily Cryptocurrency content! Thank you! #Bitcoin Addressing the audience at the ongoing #BlockShow Asia 2019, CEO of Crypto.com #Kris #Marszalek stated this is going to be the most liquid and secure exchange platform for cryptocurrency. NEW CHANNEL: https://www.youtube.com/channel/UCH9HlTrjyLmLRS0iE1P4rrg ----- Amazon Affiliate Link - (If You Buy Somethin... A fairly unique aspect of the Binance Card is that its internal balance will be in cryptocurrencies, initially Binance Coin (BNB) and Bitcoin (BTC). As Josh Goodbody, head of growth at Binance ... 'The Block' were the first to release the info about Binance acquiring CoinMarketCap. It was just last year The Block were in dispute with CZ who accused them to publish fake news that Binance had ... Bitcoin plunged below $8,000 this morning and we're now waiting for the next move. Will it be to the upside or downside? Mattie will also take a look at Binance testing new stablecoin, John McAfee ... Index Funds And Bitcoin Dumps! Binance FUD, Tokyo Whale, SEC and CFTC Press Releases - Ep159 - Duration: 20:02. Coin Mastery 35,316 views The press release for the pool states that large miners can contact Binance to negotiate an extension of the fee-free period. Approximately 15 of Binance’s more than 1,000 employees work full ... Nichtsdestotrotz sorgte die Mitteilung, dass die Krypto-Börse Binance nun die Übernahme von CoinMarketCap für ein Gesamtvolumen von 400 Millionen US-Dollar plant, für Verwunderung. Die Meldung ...