Liquid

Prontoblock and Mercantile Bank International Partner to Modernize the $1.25 Trillion Commercial Paper Market Through Tokenization

New York, August 10, 2023 – Prontoblock, a leading digital asset fintech company, is pleased to announce its strategic partnership with Mercantile Bank International (MBI). This partnership aims to revolutionize the commercial paper market through the tokenization of these financial instruments. This partnership will empower MBI clientele to engage in the purchase and issuance of tokenized commercial paper using Prontoblock’s cutting-edge digital assets platform. Prontoblock will collaborate closely with issuers to identify the most suitable commercial paper instruments for tokenization. The outstanding value of U.S. commercial paper exceeded $1.25 trillion

Stablecoins Under Scrutiny

Amidst the market’s recovery from the recent onslaught of SEC crackdowns, rumors swirl over the potential targeting of stablecoins in their crosshairs. Such a move could have profound implications for cryptocurrency prices, making it crucial to gauge the likelihood of this scenario and the approach regulators might adopt. The largest stablecoins by market cap are Tether’s USDT and Circle’s USDC. Both are pegged to the US dollar and backed by various assets, typically highly liquid instruments like US Treasury bills. In theory, when someone wants to buy stablecoins from an

Liquid Craft to Launch 1500 Liquor Backed NFTs on ETH and BSC 23rd Nov

press release PRESS RELEASE. Liquid Craft – is bringing a new concept to the NFT space by using collectible handcrafted bottles of Liquor to add value to their digital art pieces. Their first series Dragons and Bourbon is launching for pre-sale on Nov 20th at 12 PM PST with the public sale going live on Nov 23rd at 12 PM PST. Liquid Craft is aiming to bring innovation to two markets simultaneously with this release as well as their upcoming NFT marketplace. The NFTs are all backed by collectible bottles

Trailerblazer ABEY bags accolade

The AIBC Europe 2021 Blockchain Solution of the Year award was won by ABEY. ABEYCHAIN and ABEY ecosystem, a leading player in the emerging blockchain sector, established a victory in Malta on November 17, 2021. ABEY was announced the winner of the Blockchain Solution of the year award at the 5th edition of the AIBC Europe 2021 awards that was held in Malta on November 16th, 2021. Salient facts about ABEY  ABEY and its blockchain, ABEYCHAIN are one of the fastest-growing blockchain solutions in the world. AIBC Europe 2021 Awards

Cosmos liquid staking protocol pSTAKE raises $10 million in seed funding

pSTAKE, a liquid staking protocol from blockchain startup Persistence, has raised $10 million in a seed funding round.Three Arrows Capital, Galaxy Digital, Sequoia Capital India, and DeFiance Capital co-led the round, with Coinbase Ventures, Tendermint Ventures, Kraken Ventures, Alameda Research, and Sino Global Capital also participating. Several angel investors, including Aave's Ajit Tripathi, Terra founder Do Kwon and Alpha Finance co-founder Tascha Punyaneramitdee, also backed the round. Crypto staking infrastructure providers, including Stake.fish, Figment Fund, Everstake, and Chorus One, also joined the round. This was pSTAKE's first fundraise and was

Do Bitcoin and other cryptos have any added advantages over equities

Bitcoin has shot up in price at the start of the week following a major upgrade to its network. Even the rejection of a spot bitcoin ETF by the SEC appears to have done little to damage bitcoin’s price prospects. At press time, the token, post some correction was trading at the $65.8k mark. Nonetheless, what’s the projected price mark for the largest cryptocurrency. Gareth Soloway, the chief market strategist at stock technical guidance platform InTheMoneyStocks.com believes that the token still had some room to left to record a fresh

Crypto Valley Roundup – Fall 2021

The Crypto Valley is known to be one of the most “crypto-friendly” regions in the world. But what specifically is happening within the Blockchain ecosystem? The “Crypto Valley Roundup” aims to provide insight and highlights from selected events every two months.Sponsored Sponsored With the first Blockchain companies settling in the area of Zug from 2013 onwards, the term “Crypto Valley” was soon born in reference to the “Silicon Valley”. Thanks to politics and regulation, Switzerland was able to create the necessary legal certainty for a flourishing ecosystem around Blockchain and

Oly Sport Hits All-Time High of $1.52, up 2,600% Its IDO Price

Not so long after launching its first IDO, Oly Sport was listed on PancakeSwap and attracted a huge cash flow which made $Oly set all-time high of $1.52.Oly Sport is an NFT game that revolves around horse racing which launched its first IDO on BSC Station on November 2nd. After its IGO on GameFi last week (November 6th), Oly Sport surprised investors by listing $Oly on PancakeSwap, a very popular DEX to new blockchain projects.With the huge attraction that had been built up for a long time, in a few

Trusted Node Hits Over $31 Million TVL In Two Weeks as Adoption Grows

Trusted Node has now recorded over $31 million TVL in about two weeks of operation. The validator network created by the ex-CEO of Bitcoin.com, one of the leading websites in the crypto space, has seen tremendous success since its launch. Trusted Node has opened up a pathway for users in the space to reap the rewards associated with proof of stake networks without having to worry about any of the barriers to entry. This unique service offered by Trusted Node has made it a beloved project in the space. Trusted

Bitcoin Records Highest Monthly Close Ever, What’s Next for BTC?

Bitcoin closed the month of October at $61,343, which is its highest monthly close ever recorded. As Bitcoin Archive notes on Twitter, all-time high monthly closes are quite often a sign of more strength to come.  Bitcoin’s closing price was roughly 3% away from analyst PlanB’s floor price prediction of $63,000, though that level was already hit earlier in the month. PlanB is now shooting for $98,000 in November, or about a 58% gain over the next 30 days.  Some analysts are looking to previous bull markets to forecast what’s