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Home Security Token Offering (STO)

Texas vs. Celsius, Revolut Pays Rent In Bitcoin + More News

admincrypto by admincrypto
October 7, 2021
in Security Token Offering (STO)
Texas vs. Celsius, Revolut Pays Rent In Bitcoin + More News
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Alex Mashinsky, CEO of crypto lender Celsius Network. Source: a video screenshot, Youtube, Kitco NEWS

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Regulation news

  • Texas accused major crypto lender Celsius Network (CEL) of offering residents unregistered securities and is now seeking a hearing to determine whether to issue a cease and desist order against the company, Bloomberg reported. At 15:58 UTC, CEL trades at USD 5.17 and is down by 2% in an hour and almost 12% in a day.
  • Germany’s Federal Financial Supervisory Authority (BaFin) has approved the EXOeu token by game publisher Exordium, marking the first time the regulator has given its approval for a security token offering (STO) issued on a Bitcoin sidechain, said Exordium. Local retail investors are now eligible to participate in the sale on major European digital marketplace STOKR.

Adoption news

  • Fintech firm Revolut will become the first customer at any of co-working space operator WeWork’s locations to pay their office rent using bitcoin (BTC), per an announcement.

NFTs news

  • Non-fungible token (NFT) marketplace OpenSea has announced that it has “requested and accepted” the resignation of the employee who was caught buying NFTs that he knew would later be displayed on the front page of the marketplace. “We are taking this very seriously and are conducting an immediate and thorough third party review,” OpenSea said.
  • Publisher of mobile games Animoca Brands has entered into a binding agreement to acquire a majority stake in NFT solutions provider Bondly. This will position both companies to drive mass NFT adoption across Animoca Brands’ portfolio companies operating in gaming, sports, entertainment, collectibles, and other areas, said the company, adding that “Animoca Brands does not deem the acquisition to be material.”

DeFi…

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