‘Unregulated ICOs are dead’ — welcome to the era of the STO

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Insolar (INS)
Insolar (INS) is a project that is trying to develop distributed business networks which will use new innovations in blockchain technology to make them secure and interoperable. It has a current market cap of over $8 million, a circulating supply of 32.5 million, and has traded over $2.3 million in volume during the past 24 hours according to CoinMarketCap.com.

INS/BTC is looking to break out of a symmetrical triangle price pattern that has been forming since the end of November. The range of the formation provides a potential target price near 0.0000950. A potential stop could be placed below the breakout level at 0.0000700.

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News To Know
'Unregulated ICOs are dead' — welcome to the era of the STO
One of Alan Sugar's earliest apprentices and author of Tokenomics: The crypto shift of blockchains, ICOs and tokens, Thomas Power took to the seats of the Hard Fork Decentralized Exchange this afternoon to discuss his vision of our blockchain future. The founder of 9 Spokes and Blockchain Industry Compliance and Regulation Association (BICRA) board member believes that the era of the unregulated initial coin offering (ICO) is over.

Coinify Completes Acquisition of Crypto Broker BetterCoins
Coinify, a Copenhagen-headquartered payment platform for cryptocurrencies, announced this Friday that it has acquired BetterCoins, a virtual currency broker. According to the statement, the company chose BetterCoins due to an "overlap in corporate values."

Wanchain Launch World's Most Advanced BTC To ETH Bridge
Yesterday Wanchain, the team behind the WAN cryptocurrency announced the release of Wanchain 3.0 which claims to be the world's most advanced blockchain interoperability platform. We want to explore a little bit more about what this means for cross chain compatibility between Bitcoin, Ethereum and Ethereum's ERC-20 tokens.

US Credit Union Blockchain Consortium Joins R3's Global Ecosystem
CULedger, a credit union service organization (CUSO)-owned blockchain consortium, has joined enterprise software firm R3's global blockchain ecosystem. The partnership was officially revealed in a press release published Dec. 13.

Porsche Arranges $170m Loan Using BBVA's Blockchain Platform
Prestige car-maker Porsche has arranged a loan to back its proposed strategic acquisitions using Spanish-bank BBVA's ever-developing distributed ledger technology (DLT) platform. Acquisition term loans are provided for a specific purpose and period. In this case, Porsche Holding Salzburg, a subsidiary of Volkswagen AG, is seeking to expand its retail distribution network in Europe and Asia.

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