Binance, the largest crypto exchange in the world, has begun offering tokenized stock trading, starting with Tesla (TSLA), following the likes of FTX and Bittrex Global who launched tokenized stock trading last year.

Thorchain, a blockchain trading network, is launching today, promising it can provide seamless trading of crypto across different blockchains without the need for middlemen or synthetic “wrapped” tokens.

TIME Magazine has plans to drive crypto adoption by creating a series of educational crypto videos with Grayscale, largest digital asset investment firm. They have also announced their plans to buy bitcoin and pay their president, Keith Grossman, in Bitcoin.

TODAY: Join AAVE and CryptoCompare to discuss NFTs and DeFi at 12PM EST / 4PM GMT.

Sponsored: Aventus, the layer-2 blockchain protocol that brings scalability, lower costs, and speed to Ethereum transactions, announced last week its Validator Staking Program Part 2 to allow AVT token holders to earn their share of transaction fees from Aventus Network transactions.

Top stories in the Crypto Roundup today:

• Binance Launches Tokenized Stock Trading, Starting with Tesla
• Thorchain Set to Launch Trustless, Cross-Chain Crypto Trading
• TIME Magazine is Investing In Bitcoin and Partnering With Grayscale
• Join AAVE and CryptoCompare to discuss NFTs and DeFi Today at 12PM EST / 4PM GMT.
• Sponsored: Aventus Network Launches Second Validator Staking Program For AVT Token Holders

 

Binance Launches Tokenized Stock Trading, Starting with Tesla

Binance, the largest crypto exchange in the world, has begun offering tokenized stock trading starting with Tesla (TSLA). Following the likes of FTX and Bittrex Global, Binance joins the ranks of crypto exchanges that have recently launched tokenized stock trading.

Users can buy one-hundredth of a Tesla share, making it much more affordable for the retail investor (Tesla is currently trading at around $700). Like FTX and Bittrex Global, Binance has partnered with the same European financial firms to offer this service. However, unlike FTX, Binance is not charging commission, making it unclear how they plan to generate revenue from this product.

"Stock tokens demonstrate how we can democratize value transfer more seamlessly, reduce friction and costs to accessibility, without compromising on compliance or security," said Binance CEO Changpeng Zhao.

Thorchain Set to Launch Trustless, Cross-Chain Crypto Trading

Thorchain, a blockchain trading network, is launching today, promising it can provide seamless trading of crypto across different blockchains without the need for middlemen or synthetic “wrapped” tokens.

Thorchain has been in development for three years, aiming to allow decentralised exchange (DEX) traders to swap assets without having to rely on wrapped versions of assets such as WBTC. The team hopes that by bringing trustless trading to the most important blockchains, Thorchain will drive more decentralised trading activity.

To start with, Thorchain will facilitate trading of bitcoin (BTC), ether (ETH), litecoin (LTC), bitcoin cash (BCH) and Binance Chain’s (BNB). Currently the Thorchain token RUNE is up around 85% in the past 90 days.

TIME Magazine is Investing In Bitcoin and Partnering With Grayscale

TIME Magazine has plans to drive crypto adoption by creating a series of educational crypto videos with Grayscale, largest digital asset investment firm. They have also announced their plans to buy bitcoin and pay their president, Keith Grossman, in Bitcoin.

According to Grayscale CEO, Micheal Sonnenshein, the educational videos will be released this summer. Given TIME Magazine’s large audience, crypto advocates are hopeful the partnership will foster understanding and adoption of crypto.

It was unclear how much TIME intends to invest in Bitcoin (BTC) but analysts speculate that it would be a multi million dollar investment given the current size of the company's balance sheet.

TODAY: Join AAVE and CryptoCompare to discuss NFTs and DeFi at 12PM EST / 4PM GMT.

NFTs have recently exploded into the public eye, presenting a unique intersection of the creative economy finally entering the digital assets ecosystem. This special panel session, brought to you by AAVE, will take a deep dive into the world of Non-Fungible Assets and their relationship to Decentralized Finance. What trends have we seen and what is likely to come in 2021 and beyond? Don't miss this live zoom discussion of the convergence of art, tech, finance, and defi.

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Aventus Network Launches Second Validator Staking Program For AVT Token Holders

Aventus Layer-2 Ethereum scaling solution pays validators their share of transaction fees from more than 8.5m historical transactions

Aventus, the layer-2 blockchain protocol that brings scalability, lower costs, and speed to Ethereum transactions, announced last week its Validator Staking Program Part 2 to allow AVT token holders to earn their share of transaction fees from Aventus Network transactions.

What is the Aventus Validator Registration Program?

The Aventus Network (AvN) main net is a second-layer blockchain protocol that brings scalability, lower costs, and speed to Ethereum transactions. 

The network relies on AVT holders as Validators who process transactions in return for a fee. The Aventus Network launched with 10 nodes, each with an equal probability of selection to process transactions.

Each node earns fees associated with the processed transactions at an average of $0.01 per transaction. And each node will have a total stake of 250,000 AVT.

AVT holders staked more than 1.5m tokens during Part 1 and now have the chance to stake up to 1m more tokens during Part 2, totalling 25% of total AVT supply.

Validator transaction fee rewards are paid in proportion to the amount of AVT a Validator associates with a node. 

Thanks to Aventus’ existing partnerships with Cashback App, Artos Systems, FanDragon, and VOW currency, Aventus Validators earn transaction fees from the processing of a minimum of 8.5m historical transactions.

Become a Validator

Validators are free to withdraw their proportional share of transaction fees associated with their nodes on a monthly basis and deposit any amount of AVT to any of the 10 nodes using the Ethereum smart contract provided. The smart contracts have undergone a security audit by an independent third-party.

The Validator Staking Program Part 2 began on March 31st and will last until the end of April.

How to earn transaction fees with your AVT as a Transaction Validator

To register for the Transaction Validator Program, visit Aventus' Products.

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