Germany Grants BaFin License to Financial Firm for STO Platform

Luxembourg-registered financial firm Black Manta Capital Partners has received a license from the German Federal Financial Supervisory Authority (BaFin) for its Security Token Offering (STO) platform. A regulated STO platform in Germany Black Manta Capital Partners announced on Aug. 19 that its Berlin-based entity received a MiFID II license by BaFin for its regulated STO platform on Aug. 1 nine months after filing. Now, the company will be able to offer regulated brokerage services using blockchain technology. On its platform, the firm represents rights to an asset as tokens managed…

Bakkt Announces Sept. 23 Launch of Futures and Custody Platform in US

Bakkt has announced the coming launch of its much-anticipated platform for daily and monthly futures in the United States in a blog post on Aug. 16. Having received approval from the necessary regulators, the launch is scheduled for Sept. 23.   Bakkt’s physically delivered futures have been the subject of a great deal of anticipation, with the company initially announcing its launch August 2018 before being subject to repeated delays over compliance issues. Satisfying the Commodity Futures Trading Commission (CFTC) has proven particularly challenging. The company began testing in earnest on…

Celsius Network Incorporates Bitcoin.com Platform to Streamline Services

A new partnership between crypto lending and borrowing platform Celsius Network and fintech-focused media outlet Bitcoin.com aims to streamline digital currency-related services for crypto owners using the Celsius App. Per a press release published on Aug. 15, Celsius has integrated Bitcoin.com’s trading platform into its Celsius App to simplify cryptocurrency holders’ access to financial services. Users can now purchase a range of major cryptocurrencies including Bitcoin (BTC), Bitcoin Cash (BCH) and Ether (ETH) through Celsius App using Bitcoin.com’s crypto trading platform. The release also hints that the companies expect further…

Ripple’s Xpring Gives $265 Mil in XRP to Content Platform Coil

Ripple’s infrastructure development and XRP adoption initiative Xpring announced a 1 billion XRP (roughly $265 million) grant to web monetization platform Coil on Aug. 15. Coil will reportedly use the funds to build an ecosystem of creators, developers, companies and nonprofits that use XRP through the Web Monetization open standard. Giving creators control over distribution and monetization Coil is a platform that provides an alternative method for creators to monetize their content on the internet. Users can post public and exclusive content on the platform, which is automatically enabled for…

Terra Stablecoin Alliance Adds South Korean Music Streaming Platform

Blockchain payment system and stablecoin issuer Terra has added South Korean music streaming platform Bugs to its e-commerce alliance.  As CoinDesk reported Aug. 14, there are now 25 partners in the Singapore-based company’s South Korea-focused payment ecosystem. The Terra Alliance uses payment solutions provider CHAI as its front-end. CHAI incorporates a mobile payments app which connects to 15 major local banks. Terra’s blockchain-based platform then sits in the background, linking payments to e-commerce sites. Terra co-founder Daniel Shin said that the platform is smoother than the legacy payment systems in…

Iran Crypto Devs Launch Platform for Flood Victims in Light of US Sanctions

Volunteer cryptocurrency developers in Iran have created a blockchain platform called IranRescueBit, which allows people to make charitable cryptocurrency donations to aid regions in the country in recovering from destructive flooding. Al Jazeera shared the news in a report on Aug. 14. According to the report, the platform supports donations in Bitcoin (BTC), Ether (ETH) and Litecoin (LTC). The government is reportedly not involved in the project. IranRescueBit reportedly allows donors to dodge American sanctions that have insofar prohibited international donations to the Iranian Red Crescent Society, which is a…

Binance Jersey Partners with Crypto Platform Caspian for Faster Trades

Binance’s fiat-to-crypto conversion branch for euros and British pounds, Binance Jersey, has entered into a partnership with the crypto investment service Caspian, which provides trading, portfolio and risk management on its platform. Caspian shared news of the partnership with Cointelegraph on Aug. 14. The partnership will purportedly result in improved security for crypto investors, as well as a lower barrier to entry for the crypto market. The managing director of Caspian Chris Jenkins elaborated: “I am delighted for us to partner with Binance Jersey, a  substantial step forward in helping…

Blockstack Joins Lambda School for New Platform to Teach App Coding

Privacy-centric computing network and app ecosystem Blockstack has announced a partnership with Lambda School. Students enrolled in the program can reportedly now learn how to code Blockstack apps and earn monthly revenue through its App Mining Program. Gain the skills to pay the bills According to a press release shared with Cointelegraph on August 12, Lambda is a skills-based online school with a curriculum designed around the requirements of employers. This reportedly ensures that graduates master all the skills required to succeed. In addition, it offers tuition at no cost…

Colu Blockchain Platform Shutting Down, Buys Back Its Tokens

Colu Group subsidiary Colu DLT has announced that it is shutting down its blockchain-based Colu Local Network, and is offering to repurchase and burn the accompanying CLN tokens sold to investors during its initial coin offering (ICO). The company’s buyback offer comes by way of an official announcement from Colu DLT on its website. According to the notice, the company is looking to repurchase its tokens with Ether (ETH) over a 90-day period. The company intends to subsequently burn all the tokens repurchased this way. According to the announcement, the…

EY Hired to Help Develop Blockchain-Based Fine Wine Trading Platform

A blockchain-based fine wine investment trading platform has selected Big Four auditing firm EY to provide technology services as its development continues. WiV Technology enables clients to trade bottles and cases of premium wine, with the origin, quality and value of assets certified on a constantly updated blockchain. In a news release on Aug. 12, EY said that wine will be tokenized through the use of non-fungible ERC-721 tokens on the platform. Saving cost and time Smart contracts are used to track wine ownership and transaction history, and the properties of…