November 6

First compliant STO trading on a DEX!

“Thanks to the power of Open Finance, the exchange of real estate is undergoing a paradigm shift.

RealTokens listing inside of Uniswap is significant because it represents a security token operating inside of an Ethereum financial application, while still retaining compliance. Owners of 9943 Marlowe RealToken also collect rent revenue paid by the tenant of the property.

All RealTokens operate with a whitelist in order to remain compliant with U.S. regulations. RealTokens transfers on Ethereum only execute if the address being sent to is approved. This is because RealTokens are technically shares of a company. RealT tokenizes a property by wrapping it inside of a legal entity, an LLC. Ownership of the LLC then defined as a specific batch of ERC20.

Good read.

“Synths, or synthetic assets, are derivatives similar to CFDs. Buying them lets you participate on price movements of underlying assets without needing to hold the underlying assets—there is no delivery of the underlying asset. Almost any asset can be mirrored as a synth—cryptocurrency, token, commodity, stock, indice, or fiat.

Derivatives are huge part of legacy financial system and synths are their bankless version.

Do you believe that BTC will go up, but you don’t want to leave the comfort of decentralized Ethereum ecosystem? Just buy sBTC! Are you convinced TRX (Tron) is over-priced and dump is imminent? Buy iTRX.”

Allocate funds to multiple DeFi platforms with 1 tx – Very cool new product!

See Also: DeFiZap
See Also: dDAI (same same but different)

“Bitcoin (BTC) mining will not face a state crackdown in China, authorities have confirmed in new official documents.

China’s National Development and Reform Commission has removed cryptocurrency mining from the list of industries they want to eliminate. A previous incarnation of the document earlier this year had conversely included Bitcoin mining as one of the government’s targets.

The news marks a rare boon for Bitcoin-related activities in China.”

“Bitfinex and a blockchain project launched by Kim Dotcom have “mutually agreed” to part ways, scuppering a planned initial exchange offering (IEO) for the controversial internet entrepreneur.

Citing the current “regulatory environment” and the “risks associated with raising funds” for the project, Bitfinex said in a blog post Wednesday that it was in the interest of its “community” not to host the sale of Dotcom’s kimcoin token.”

Binance has today released an open-source implementation of its Threshold Signature Scheme (TSS), a new cryptographic protocol for distributed key generation and signing. Binance claims that threshold signatures will mean that a single compromised device won’t put a user’s assets at risk.

TSS technology allows us to replace all signing commands with distributed computations so that the private key is no longer a single point of failure. For example, each of three users could receive a share of the private signing key, and in order to sign a transaction, at least two of the three users will need to join to construct the signature.”

“Square’s Cash App has started charging fees of as much as 1.76 percent on bitcoin purchases.

Cash App may charge a fee when you buy or sell bitcoin. If so, the fee will be listed on the trade confirmation before you complete a transaction.”

“North Korea employed a shipping and logistics firm called Marine China, which runs on a blockchain platform, to avoid international sanctions by laundering stolen cryptocurrency.

Severe sanctions against North Korea from the UN and other international bodies have pushed the country’s regime towards cryptocurrencies over time. The country is developing its own cryptocurrency with properties similar to bitcoin to sidestep international sanctions.”