Loading
Welcome at World Crypto Global. This portal is packed with useful content and resources to built out your own crypto skills. WorldCrypto is a site member of Gabriel Vega Network.
China Information Technology Development Limited (CITD) (HKEX: 8178), a leading technology company specializing in AI and cloud technologies, has announced its plan to issue HK$100 million worth of Bonds using distributed ledger technology (DLT). The proposed issuance aims to revolutionize the bond market by leveraging blockchain and smart contract technologies. (Read More)
This lawsuit was filed due to allegations of price manipulation schemes, which were proven to be substantial.
NBA Hall-of-Famer Paul Pierce has been charged by the SEC for being involved in the promotion of Ethereum Max.
Some players have doubts, but major South Korean securities firms are upgrading their platforms for mobile trading.
The post South Korea Financial Regulator to Allow Transactions of Security Tokens by 2024 appeared first on BitPinas.
South Korea is on its remarkable journey concerning blockchain developments and legislation. On Monday, South Korea’s Financial Service Commission (FSC) noted that the blockchain-based tokens [...]
Security tokens are the digital form of traditional investments like stocks, bonds, or other securitized assets.
The post What Is a Security Token? Utility Tokens vs Security Tokens first appeared on StealthEX.
Utility tokens can be used within their specific blockchain ecosystem to access company products and services.
The post What Is a Utility Token? Security Tokens vs Utility Tokens first appeared on StealthEX.Jeffrey Sprecher believes regulators should impose stricter rules on the crypto industry, while the majority of coins should be viewed as securities.
The SEC made a big case earlier this week, but there're some allegations against the Commission's Chair.
Kardashian's negative experience with promoting crypto assets continues.
Kraken exchange’s incoming chief executive has no plans to register with the SEC because it does not offer securities.
<p class="text-align-justify"> On Thursday, INX Digital Company, the owner of digital assets trading platforms, launched INX ONE, a single-entry platform that combines the features of its security token and cryptocurrency trading platforms.</p><p>The company described INX ONE as “the world’s first and only fully-regulated end-to-end platform for listing and trading both SEC-registered security tokens and cryptocurrencies.”</p><p>The new integrated platform is to serve institutional and retail investors, INX said, adding that the platform will be used for token issuance.</p><p>“The unified, regulated hub streamlines the issuance process by providing everything needed to quickly and easily issue a digital security token to raise capital,” the company said.</p><p>Shy Datika, the CEO of INX, noted the company was pioneering a new era of digital asset investment for both primary and secondary markets profitable for everyone.</p><p>“The launch of INX ONE marks a pivotal moment in the evolution of the digital economy. Never before have investors and issuers had an opportunity to bring their unique communities together on a single, regulated, global hub for digital assets on the blockchain," Datika said.</p><p>Last year, INX launched the first initial public offering (IPO) for a digital security registered with the US Securities and Exchange Commission (SEC). The firm raised $83.6 million from the sale of 92.9 million INX tokens.</p><p class="text-align-justify">INX in 2022</p><p>INX’s new record trails the <a href="https://www.financemagnates.com/cryptocurrency/news/the-inx-digital-company-reports-growth-in-new-registrations-for-q1-2022/">surge in new customer </a>registrations that the digital assets trading platform owner recorded during the first quarter of 2022.</p><p>However, in its published financials for 2021, INX reported<a href="https://www.financemagnates.com/institutional-forex/securities-token-platform-inx-digital-ends-2021-with-163m-loss/" target="_blank"> an adjusted net loss of $16.3 million</a> and a cumulative loss of $215 million. </p><p class="text-align-justify">The cumulative loss adds up from a marked-to-market accounting liability of $161.2 million from INX token holders and a token warrant liability of $19.8 million.</p><p class="text-align-justify">A one-time cost of $6.8 million was associated with its initial token offering and reverse merger, and an additional $10.9 million in share-based payments contributed to the loss.</p><p>In June, INX <a href="https://www.financemagnates.com/cryptocurrency/news/inx-digital-releases-in-house-crypto-app/">launched</a> its official crypto app on the Apple App Store and Google Play Store. The company said the app was designed to allow for straightforward trading of cryptocurrencies on any mobile device.</p><p>In January, the company <a href="https://www.financemagnates.com/cryptocurrency/news/inx-acquires-sec-registered-tokensoft-transfer-agent/">acquired</a> the Tokensoft Transfer Agent LLC, which is an SEC-registered transfer agent owned by Tokensoft, a technology platform for launching digital assets on the blockchain.</p><p>INX said the acquisition will enable it to offer end-to-end service for digital securities insurance.</p> This article was written by Solomon Oladipupo at www.financemagnates.com.
The investment firm hopes to use the $4 billion tokenized fund to attract more investors.
Brad Garlinghouse has not a single doubt about what to do should Ripple lose against the SEC: They will leave the United States for good.
Bitcoin is clearly a commodity to Chairman Gensler, but he refuses to comment on any other token.
Oddity is innovating its offerings to keep up with the changing users’ expectations. (Read More)
U.S. crypto exchange giant Coinbase has found itself in another legal battle, this time over the sales of cryptocurrencies that may be deemed as securities.
The SEC seeks more regulatory enforcement in the crypto sector in 2022, according to…
The post SEC seeks more regulatory enforcement on crypto tokens, says Chair Gary Gensler appeared first on Coin Journal.
The cryptocurrency market recently witnessed a severe crash in prices. Most cryptos are deep in the red. Despite this bear market, many projects present interesting buying opportunities. Who wouldn't want to buy their favorite token at a discounted price? On the other hand, other projects look like they are dying with no real progress in the making. Ripple is one of those projects that have been lingering for quite some time now. The recent XRP crash was inevitable when the entire market crashed, but its prices did not breakthrough when the crypto market was doing well. Should you sell all your XRP tokens and move on to other cross-border payment projects? Can Ripple have a big comeback? Let's talk about Ripple and its future.
XRP Price Analysis - Nothing interesting TechnicallyDuring the important crypto Bullrun of August 2021, XRP did have an impressive rise of almost triple in its market cap. XRP prices soared from a price of USD 0.52 all the way to reach a high price of USD 1.41. Investors got excited to see Ripple back on track. Renewed hope was instigated in the market, especially with the anticipation of solving the SEC case that is still pending till today. Sadly, the month of April turned out to be the only good month of the entire year of 2021.
When zooming out on the daily chart, it looks like XRP has been on a continuous downtrend, with opportunities to short whenever prices became overbought. The only clear long winner trades would be whenever XRP prices reached the strong support of USD 0.52 (figure 1).
Fig.1 XRP/USD 1-day chart showing the downtrend of XRP - TradingView The SEC case is still PendingDespite many hopes of a win over the SEC case or even a settlement, Ripple company still has no news regarding the matter. Brad Garlinghouse, the CEO of Ripple company sees that the case would resolve sometime in the coming year of 2022, but that's going to drain the investors' patience.
The SEC case started back in December 2020, when Ripple company got charged for selling unregistered securities. Ripple claims that the XRP tokens cannot be treated as securities and that they are cryptocurrency tokens just like Bitcoin or Ethereum.
CEO of Ripple Company, Brad Garlinghouse Can Ripple stay True to Quick Borderless Payments?XRP tokens are quick to transfer, but still are volatile. I can send today 1,000 XRP for a value of USD 800 today, and after a couple of days, the amount can become USD 900. That's why most companies are interested in the underlying technology that Ripple is building, which is the blockchain.
Today, we have strong contenders that are already in the crypto payment realm. Terra is a good example of a project that is taking the crypto world by storm. Terra recently pushed updates to its protocol. The updates tackled how users reported their taxes in compliance with international standards. This would definitely add another layer of comfort to users and investors. Many analysts are optimistic about Terra, being able to provide price stability and a strong contender in cross-border payments in a highly volatile crypto environment. Similar to Ripple though, Terra also has issues with the SEC.
Ripple Price© Cryptoticker
The post XRP Crash – Here’s why Ripple’s Future looks BLEAK! appeared first on CryptoTicker.
Ripple wanted to have a list of all the crypto transactions made by people working for the SEC. A Federal judge denied that motion.
World Crypto Global opens the door to digital freedom for everyone.
Manage your free WCG Coins securely—where simplicity meets global accessibility.
FREE CRYPTO COINS
AVAILABLE FOR RESERVATION
ALREADY ALLOCATED
No fees. No catch. Your crypto journey starts here.
World Crypto Global
