Stocks.Exchange Delists Tokens Due to Low Volume

StocksExchange has announced that on February 19, 2018, it will delist ETHCA, TOTN, DRIP, PFR, BOLD, ANT, XGT, XCPO, NXS tokens due to the low volume of transactions
19 February 2018   749

StocksExchange is a worldwide exchange, and a market where users can invest in any business worldwide using cryptocurrencies or fiat money. On the worldwide stock exchange market, businesses can issue their stocks, assets, or tokens on major established crypto platforms, sell them, do business, and pay dividends to stock holders.

On February 13 StocksExchange has announced in its official Twitter account that it will delist tokens due to the low volume of transactions.

The following tokens will be removed from the exchange on February 19, 2018:

  • ETHCA (Price on Crypto Bridge: 0.001 BTC = 110.039 ETHCA)
  • TOTN (Price on CoinsMarkets: 0.000000029 BTC = 1 TOTN)
  • DRIP (Price on IDEX: 0.00009 ETH = 1 DRIP)
  • PFR (Price on IDEX: 0.00011499 ETH = 1 PFR)
  • BOLD (Price on Stocks.Exchange: 0.00000204BTC = 1 BOLD)
  • ANT (Price on Bittrex: 0,00048509 BTC = 1 ANT)
  • XGT (Token price: $0.1)
  • XCPO (Price on Cryptopia: 0,00001435 BTC)
  • NXS (Price on Bittrex: 0,00026375 BTC)

Stocks.Exchange reported that its orders currently work slowly and the exchange promised to fix this problem once for all in next few days.

South Korea to Invest $1B in Blockchain Startups

Blockchain is a revolutionary technology and an integral component of the Fourth Industrial Revolution, local authorities believe
19 February 2019   103

Until 2022, Seoul authorities are investing 1.2 trillion South Korean won ($ 1.07 billion) in fintech startups working with distributed ledger technology. This is reported by CoinDesk.

Funds will be allocated for the development of new technologies through the Seoul Innovation Growth Fund, created last year by local authorities. The foundation will support startups working on various solutions, including those that are in the early stages.

In the first half of this year, the Fund will allocate 13.25 billion won ($ 11.75 million) and 8.4 billion won ($ 7.45 million) in the second half of 2019. For the Korean authorities, the blockchain is a revolutionary technology and an integral component of the Fourth Industrial Revolution.

The officials also noted that the average investment per start-up at an early stage of development in South Korea is almost seven times lower than, for example, in Silicon Valley.

Last fall, Seoul authorities submitted a five-year development plan for the blockchain industry.