Source: Adobe/irklig The Australian capital-raising platform STAX has announced that its client the West Coast Aquaculture Group (WCA) is to become the country’s first business to launch an initial public offering (IPO) that will accept a blockchain-powered token, the stablecoin tether (USDT), as part of its fundraising drive. WCA is set to be listed on […]
Source: iStock/yystom The native token of the Augur prediction market – REP – has surged across all exchanges since reaching a low of around USD 5.60 per token last Sunday. It jumped by 47% in the last 24 hours (UTC 07:47 AM.) Also, as of press time, REP is up more than 170% since its […]
Source: Adobe/Denys Rudyi The rapid development of automated market makers (AMMs) is one of the main forces driving the expansion of decentralized exchanges (DEXs), which surpassed 5% of total crypto exchange volume last month, per a new report. Over 90% of DEX volume is currently generated by AMMs, according to research published by crypto analysis […]
Source: Adobe/PiyawatNandeenoparit Ant Group, the blockchain and e-pay subsidiary of Chinese tech giant Alibaba, is accelerating its business operations with the launch of a new cross-border trade blockchain platform, stepping up its bid to go public – and has sealed a key deal with the busiest container port on the planet. Ant, which also operates […]
Source: Adobe/Nuthawut While gold-backed crypto tokens are being touted as an alternative to USD-pegged stablecoins, a previous price premium on these tokens has now turned into more of a mixed picture as one popular token leads, while other lags behind the soaring traditional spot gold price. At the time of writing on Wednesday (06:54 UTC), […]