Category Archives: Cryptocurrency exchange

stacscan stacs: Static Token And Credential Scanner

Founded in 2019, STACS has now raised a total of more than $6 million and is preparing to raise Series A funding later this year. The company’s goal is to fix fragmentation in the tech systems used by financial institutions that can result in capital being locked in international clearing systems, a build-up of transaction fees and fines for trades that fail to settle. It allows clients to integrate payment platforms (including Ubin), trading platforms and external software like user management systems, while enabling smart contracts and digital ledgers.

  1. STACS’ products include a real-time trade processing platform that is used by clients like Eastspring Investments and BNP Paribas Securities Service.
  2. STACS announces the launch of its full suite of ESG solutions for banks, stock exchanges, asset managers, corporates, and SMEs, as part of its refreshed vision as “The Nexus of ESG Finance”.
  3. Sustainability reporting is now an imperative practice for the world’s top 250 companies, underscored by stringent regulations in the EU.

In the year ahead, ESG will continue to be a major theme, with the emergence of new technology platforms to serve growing business needs around ESG certification and related finance. For the city-state to position itself as a leading global green fintech hub in Asia and beyond, we believe there are three key priorities it must not lose sight of. With a common vision to enable sustainability amongst companies of all sizes, TÜV SÜD PSB and STACS today announced their partnership on ESGpedia, via TÜV SÜD’s Sustainability-as-a-Service (SaaS) programme.

ESCAP Roundtable: Launch of ESBN Green Deal Assessment for Businesses

Razer customers globally will be empowered to engage in conscious choices and participate in carbon offsets, through its newly-launched Restorify service. The partnership is powered by STACS’ Carbonpal platform, which is a carbon credits digital management platform that facilitates the fractionalisation of carbon credits for purchase by end consumers. The live use cases set a precedent in their various industries and can be replicated across Asia to empower businesses in their green and decarbonisation journey via better data, digital tools, and effective ESG financing. Real estate companies are set to face reduced funding opportunities if they don’t comply with sustainable practices, as financiers are increasingly favouring sustainable green buildings.

Build powerful apps, secured by Bitcoin

Stay ahead of the game and explore the free resources available to guide you in taking the necessary steps to driving sustainability for your business. Learn how businesses can comply with increasing ESG regulations, gain a trustworthy view of their suppliers’ sustainability standing, and take action with the embedded Scope 1, 2 and 3 carbon emissions calculator on ESGpedia Nexus. Ray Ferguson, the former CEO of Standard Chartered Singapore, has joined homegrown fintech start-up, STACS, a leading Singapore-headquartered fintech development company providing transformative technology to the financial services sector, as Chairman. Eastspring Investments, BNP Paribas Securities Services and STACS collaborate to develop blockchain-powered trade lifecycle management solution, unlocking efficiencies while reducing costs for financial institutions. With Singapore being the long-standing data centre hub of Asia Pacific, RDA and STACS have entered a strategic partnership to provide a holistic platform to transform Singapore’s data centre industry, and shape a sustainable digital future, through STACS’ ESGpedia. This is aligned with the Infocomm Media Development Authority’s and Economic Development Board’s initiative that aims to allow the “calibrated and sustainable growth” of data centers in Singapore.

Aligned with the consensus that Asia is where the fight against climate change will be won or lost, we presented our solution to enable companies on a clear pathway towards net zero, as well as launched our carbon credits solution with Razer as our first partner. Take a deep dive into ESG ratings and explore how primary ESG data housed in a standardised digital registry, enables better ESG risk management and decision-making. View the key highlights at GAIL 2023, as STACS was invited to the sustainability forum, joining experts, green companies, and a keynote from Deputy Prime Minister Heng Swee Keat to discuss the actions needed to best drive global decarbonisation. Find out more about what is needed to scale ESG for impact, and transition from a brown to green economy.

On the other hand, Singapore is on track to becoming the greenest city by 2030, and is set to achieve 80% of green buildings by 2030. Learn more about green building certifications and regulations, as well as how technology can empower Corporates, SMEs, and Financial Institutions to jointly attain sustainable real estate. Large corporates were fined million of dollars last year due to ESG misstatements investigated by the US Securities and Exchange Commission.

Decarbonising Asia Supply Chains for Global Competitiveness

Singapore will continue leading the region’s sustainable development towards net zero and ESG Finance, across various industries including carbon credits, fashion and textile, real-estate, hospitality, e-commerce, and more. Read our 2023 ESG Finance outlook on how every sector needs to step up their green efforts this year, or fear losing competitiveness and being left behind. STACS’ goal is to make GreenSTACS “the common infrastructure” for ESG financing and impact monitoring, he added. The platform enables loan and bond parameters to be programmed into security tokens and connects with data sources, like IoT devices or satellite images, to create real-time impact reports on a distributed ledger.

STACS shares with The Digital Banker on the impact of such infrastructure and discusses alternatives. STACS is featured in the May 2021 The World Economic Forum report, as one of the few live DLT platforms for effective Trade Lifecycle Management for the financial industry. STACS appoints new leadership role, Sharon Yuen as the new Chief Commercial Officer, who will be steering the firm’s business development and sales efforts. Prior to joining STACS, Sharon worked in IHS Markit as Director of Sales, Head of ASEAN Sales and Strategic Alliances within ASEAN and Greater China at R3, and most recently served as Business Development Director at KX, focused on extending its financial services business in the region. STACS’ ESGpedia ensures the integrity of the RECs traded, enhancing trust and adoption amongst market participants, accelerating the country’s carbon neutrality goal. Timed fittingly at the start of 2023, we embarked on our company retreat to the beautiful tropical beaches of Desaru, Malaysia, to foster deeper bonds with our team members and align on our common goal of bringing forward the future of Sustainable Finance.

Governmental bodies are set to enforce clearer sustainability policies, and China is no exception, as they are already on track to mandating ESG disclosures. Discover how to stay ahead of tightening governmental regulations, and use existing ESG data and tools to support your business to a low-carbon transition. Get exclusive first access to our digital corporate disclosure for SMEs, coming soon in May 2023. Why should businesses pursue sustainability certifications and which certifications are best suited for each industry? Also discover how ESGpedia’s free Data Dictionary tool helps digitalise and streamline the process for companies intending to embark on their sustainability journey, with a clear overview of Certification Bodies, Assurance Partners, and Data Partners, broken down accordingly by sectors and regions.

The latest ESGpedia’s solutions were showcased at STACS’s industry event on 23 May 2023, led by several partners including MUFG Bank, UOB, Maxeon Solar Technologies, and Teo Garments, as they highlighted use cases of ESGpedia enabling data-driven sustainability across various sectors. Maxeon has embarked on leveraging holistic ESG data and digital tools on ESGpedia for monitoring the sustainability performance of suppliers in its end-to-end supply chain. Via the partnership, Maxeon is enabled to select suppliers based on their emissions and provide greater transparency of its carbon footprint for its stakeholders. Citadines Bali will be the first hotel in Bali to adopt digital tools to track emissions from its operations, which can be replicated to enable other hotels or buildings who are transforming to be more sustainable by utilising holistic ESG data and digital tools. The partnership involves the technical integration of EnOSTM, Envision Digital’s net zero platform for decarbonisation to the ESGpedia digital registry, which powers the ESG Registry of the Monetary Authority of Singapore’s (‘MAS’) Project Greenprint.

STACS announced today that it has become a portfolio company of PwC Singapore’s Venture Hub programme. The joint business relationship will bring about synergies between the two firms, while helping to elevate trust placed in distributed ledger technology (DLT) by the financial services industry and driving adoption. Joined by an esteemed speaker lineup of industry leaders, STACS Managing Director Benjamin Soh discussed the latest trends and applications of digital technologies in ESG Finance alongside MAS, MUFG, and more. Headline topics include bridging a US$2.5 trillion green funding gap, to establishing a common green infrastructure for Singapore, right down to how COVID has brought a positive impact amidst climate change. The technical integration allows for ongoing project data from U-Reg to be ingested on the ESGpedia registry, starting with the renewable energy sector from projects in Europe, with future plans to cover other sectors.

This helps prevent “greenwashing,” a term that refers to making something seem more environmentally friendly or sustainable than it really is. Tune in as our new Chairman, Ray Ferguson and Managing Director, Benjamin Soh dive into Environmental, Social, and Governance (ESG) and green fintech as they discussed how STACS is seeking to provide a nexus between the financial ecosystem and the physical world for more effective implementation of green finance. STACS announces the launch of its full suite of ESG solutions for banks, stock exchanges, asset managers, corporates, and SMEs, as part of its refreshed vision as “The Nexus of ESG Finance”. The full suite of ESG solutions – ESGpedia, Vetta smart contract platform, and ESG Playbooks – aims to enable effective Sustainable Finance.

The Future of Real Estate: How Sustainable Green Building Is Changing The Industry

Singapore-based fintech Hashstacs Pte Ltd (STACS) announced today it has raised $3.6 million USD in pre-Series A funding. The company develops blockchain platforms that can work with financial institutions’ existing infrastructure, and its core technology is also used in GreenSTACS for environmental, social and governance (ESG) investments. The round was led by Wavemaker Partners, which focuses on enterprise and deep tech companies in Southeast Asia, with participation from the Tribe Accelerator, a program for blockchain startups backed by the Singaporean government.

Reap the full benefits as an early adopter and learn about the international reporting frameworks, challenges, and gain access to our free ESG Starter Tool. CoinMarketCap Academy takes a deep dive into Stacks, a Bitcoin layer building on top of Bitcoin’s proof-of-work consensus mechanism. STACS provides developers the ability to check for accidental inclusion of static credentials and key material in their releases and source code. Stacks brings DeFi to Bitcoin, unlocking over $300 billion in capital and setting the stage for activation of the Bitcoin economy. The consensus mechanism that connects Stacks and Bitcoin, allowing applications to benefit from the security of Bitcoin. The mission of the Stacks project is to enable a better internet through decentralized apps.

STACS is a YARA powered static credential scanner which supports scanning of both text and binary files, analysis of nested archives, composable rulesets and ignore lists, CI / CD system integration, and SARIF reporting. Clarity is a safe language to program smart contracts for Bitcoin; it’s designed to prevent the many bugs and exploits prevalent today. Hold and temporarily lock STX, Stacks’ native currency, and support the network’s security and consensus. Activate the Bitcoin economy with apps & smart stacs token contracts that use Bitcoin as a secure base layer. In celebration of the upcoming sixth anniversary of enterprise blockchain, STACS hosted a global industry panel with The ValueExchange on 7 July, with esteemed speakers from the Singapore FinTech Association, and the Union Bank of the Philippines. The second edition of STACS Showcase, a celebratory and collaborative fintech event, happened during the week of Singapore FinTech Festival (SFF) earlier this month, 8 – 12 Nov, as a digital event.

How to understand a Market Depth Chart to determine liquidity Medium

how to read market depth chart

So, how can the information shown within a market depth chart be used as part of a trading strategy? The first thing to understand is that large orders will tend to attract the price to move towards them. This is called “spoofing” and is generally illegal on most exchanges – in any case, it is a high-risk strategy which requires substantial resources. The use of depth charts provides traders with useful visual data of the market and acts as an invaluable tool in their arsenal. Learning the ins and outs of reading these graphs is something traders should dedicate significant time to mastering in order to maximize their success.

how to read market depth chart

While we would recommend using more sophisticated tools and techniques to speculate prices, market depth charts offer a quick way to understand any asset’s price action and trading volume. Level 2 data was first introduced in 1983 and offered statistics relating to the market depth and momentum of the assets. The data includes a list of active orders with price levels and volume, allowing traders to study the market depth of the asset.

Supply and Demand Imbalances: Prognostication through Market Depth

As it happens, not all brokers and stock analysis software provide market depth charts. This is also the case with national stock exchanges—like the situation in 2018 in Nepal when traders learned their new trading system couldn’t display market depth data due to tech issues. Depth charts can provide a point of reference for traders looking to make informed decisions in uncertain market how to read market depth chart conditions. By evaluating the relative levels of buying and selling pressure, traders can identify supply and demand imbalances, determining when it might be prudent to enter or exit a position. Similarly, tracking changes in trading volume can provide insights into shifts in the market conditions, enabling traders to more accurately predict the price movements of the underlying asset.

  • Depth of market information can be a useful trading tool for short-term traders in a liquid market such as Forex.
  • Level 2 quotes display the size of the best bids and offers with their respective depths.
  • Neither our writers nor our editors receive direct compensation of any kind to publish information on
  • These regulations can halt trading in case the price of an asset goes above or below a specific price point.

In that light, a market depth chart shows any imbalances between the outstanding buy and sell orders. These imbalances act as potential support and resistance levels for the price. Being able to view the depth of market information for a particular security in real-time allows traders to profit from short-term price volatility. Market depth data usually exists in the form of an electronic list of buy and sell orders known as the order book. These are organized by price level and updated in real-time to reflect current activity.

What are Market Depth Charts?

Its graphical format offers easily recognizable cues as to the condition of the market. In conclusion, trading on futures markets requires a deep understanding of the ebbs and flows of pricing. By studying depth charts, traders can hone their ability to monitor supply and demand levels and make accurate predictions about price movements. Consistent practice of this skill is key for long-term successful trading and staying ahead of the market.

how to read market depth chart

When the price of a stock does break below its support level or above its resistance level, however, that can be a significant trading signal. Conversely, resistance is the upper-bound of a stock’s price over a particular period. A stock might get close to its resistance level, but it generally doesn’t exceed it. EPS (TTM) stands for earnings per share for the last 12 months (or, technically, “trailing 12 months”), and that number is the “E” in PE ratio. You can get this number by dividing the most recently reported company earnings by the number of the company’s shares available on the stock market. The earnings date is the publicly displayed window of time for when the company will announce its latest quarterly earnings.

How To Read A Market Depth Chart

Depth of market information can be a useful trading tool for short-term traders in a liquid market such as Forex. However, as Forex does not have a centralized exchange, a broker’s feed may have questionable value – the larger the broker, the more useful their depth of market information will be to a trader. Do not forget that not every broker makes their order book available in a DOM chart. I do not recommend using market depth as a standalone trading strategy, but instead see it as a tool for day traders that can be used to optimize another strategy.

how to read market depth chart

We make it easy to replay every single one of them for up to 3 years worth of intraday data. Also, you will notice how the order flow accelerates at the breakout level and most importantly the price is able to hold this key level. Often, it is the price reaction coupled with the level 2 stock data that gives you the best picture. In TradingSim the depth is represented with histograms within the Level 2 window. This provides you a clear view of the order size without having to review the numbers of the Level 2 table.

Depth Of Market (DOM)

Depth of market also refers to the number of shares of a particular stock which can be bought without causing price appreciation. If the stock is extremely liquid and has a large number of buyers and sellers, purchasing a bulk of shares typically will not result in noticeable stock price movements. Although a change in price may, in turn, attract subsequent orders, this is not included in market depth since it is an unknown. For example, if the market for a stock is “deep,” there will be a sufficient volume of pending orders on both the bid and ask side, preventing a large order from significantly moving the price. Depth charts are one of those which can let you know about Demand and Supply. Today, we will try to understand why these depth charts are required and how to read them.

If there is an imbalance where there are a lot of sellers stuck near a low, like 1042 vs 107 at 57 on the DOM (ES DOM). This gives you an indication of how many orders may be stacking up at certain levels. This L2 data can then be used to make informed trading decisions based upon key levels.

Bitcoin Price: BTC USD & Live Charts

Infrequently he would print sports cartoons submitted by these jasmin live fans, so I was quite thrilled that my very first published cartoon was in his column. By the time I returned home, had something to eat and told of my experiences, I was tired, not used to all this activity at once. Besides, the weather was warm & sticky with rain in the forecast. Bitcoin is an innovative payment network and a new kind of money. Sending bitcoin is as easy as choosing the amount to send and deciding where it goes. Get your hot & fresh cup of crypto news with a pump of humor at Milk Road.

  1. Besides, the weather was warm & sticky with rain in the forecast.
  2. He was on staff of the defunct Chicago Daily News and during the early 1940s he was a sports editor for it having a column, Voice From The Grandstand, where sports fans wrote opinions about the local Chicago teams.
  3. Once transactions are validated in a block, it becomes prohibitively expensive for the block to be changed because all the subsequent blocks would also have to be mined again.
  4. We suspect that they found a group that will pay their going rent rate and as we, as a non-profit, we get a free ride.
  5. But new developments like inscriptions (data storage) are bringing new functionality to the Bitcoin network, including Bitcoin’s own version of NFTs and BRC-20 tokens that trade on the Bitcoin network.

Ethereum was designed to run smart contracts, computer programs that live on the blockchain. Another notable difference is in how the two networks validate transactions. Bitcoin still uses proof of work, whereas the Ethereum network uses proof of stake.

How Much Will Bitcoin Be Worth In The Future?

Bitcoin price predictions range from north of $250,000 to more pessimistic views that see BTC eventually going to zero. Adoption plays a big role in the future value of Bitcoin. As more people use Bitcoin as a store of value and a way to transfer value to others, the demand for BTC increases. Given Bitcoin’s fixed supply, increased demand could mean higher prices to come.

As an NIU alumni …

It has been a frustrating year, again, for the Cubs & their fans. She had remembered the Collie we had (Ollie) and since this pup has the same coloring, decided to make Ollie a middle name for the youngster. That left me no excuse not to make an appointment to bring the Volvo in for an oil change tomorrow nor to put off any longer shredding documents that have accumulated for months & need recycling. When one shreds checks you recall what they were for, – ah yes, I remember that, was it really that long ago? You secretly wish that checking account still held all those funds you scribbled away.

Bitcoin Price

Friday was the day I returned to the BP crime scene (blood pressure check) to see whether I stay on present dosage of meds, change meds and while we’re at it, have my cholesterol checked as well. From security to fee customization options, these are the key factors to consider when choosing a Bitcoin wallet. Create a free account to gain access to news, analysis, and real-time alerts on the stocks you follow.

I enjoy reading it, although to this 1949-graduate the present campus is another world and the only names I recognize are the few who appear in the Northern Notes under their grad year. Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part.

It seems ages since I read the selected book and when we do meet I will need to review it. Earlier today, reading the online edition of the ChiTrib I learn another NIU grad, Dan Castellaneta ’79, won an Emmy, his third. Dan supplies the voice for Homer Simpson and several of the other characters on that TV show in addition to doing some acting parts in chaturbat movies & TV programs. You can use a hardware crypto wallet or a software crypto wallet to store your Bitcoin. We’ve reviewed some best Bitcoin wallet options, depending on your needs.

Latest BTC Trends In 2024

Like other cryptocurrencies, Bitcoin uses crypto wallets to store Bitcoin. Each wallet has private keys and public keys, with private keys allowing you to control your Bitcoin on the blockchain and send your Bitcoin to any public wallet address. Others can also send Bitcoin to your public wallet address, making Bitcoin function as a way to transfer value — like money, but without any middlemen like banks or payment services. It’s Lloyd Lewis’ Myths After Lincoln, a 1929 volume that has been in our family’s library since about that time. In researching an article for our CWRT newsletter next month on Lincoln myths, I began reading this book.

Abe was not an easy person to understand and all the stories about him, his family and his background that swirled around him made it that much more difficult. Bitcoin uses proof-of-work to validate transactions. In a nutshell, Bitcoin miners must invest computational power (electricity, hardware, and maintenance) to verify a block hash with specific requirements before transactions can be added to the blockchain. As the hash rate increases on the network, mining difficulty increases (and vice versa) to keep the average block time at about 10 minutes. Generally, Bitcoin focuses on use cases that involve the transfer of value, like sending Bitcoin to a family member or making a purchase in Bitcoin.

Like most other cryptocurrencies, the Bitcoin network works as a public ledger. For standard transactions, it’s trivial to see which wallet sent Bitcoin to which wallet, how much, and when the transaction happened. I receive, thru the mail, northern NOW, the magazine of Northern Illinois University, which is distributed quarterly.

They made several trips forth and back to Thailand before finally returning home in 1967. He suffered a massive heart attack that Fall and passed on. This was the birthday of my father, the senior Howard Shaughnessy, born in Northampton, MA. Born of poor and humble parents (who else?) my dad went on to earn his Ph D in bacteriology from Yale University and to use his talents for the state of Illinois. At one time he and his colleagues had found a cure for polio, however Jonas Salk and his crew received the credit. He was on staff of the defunct Chicago Daily News and during the early 1940s he was a sports editor for it having a column, Voice From The Grandstand, where sports fans wrote opinions about the local Chicago teams.

Since I am probably the only person never to have seen Homer and family I would not recognize Dan’s voiceover. I do, however, appreciate where his talents have taken him. Of course, their e-address has been misplaced so I tried using the to locate it. This required typing in my name and grad year and was supposed to move me toward finding e-addresses of NIU folks, however I wound up in a loop and soon gave it up.

In the “In Memoriam” section I learned that Patricia Vaillancourt Woodstrup, spouse of Tom, passed away last October. That obit gave me a jolt since we were in classes together. Her husband, Tom, and I were, respectively, editors of the Northern Light (college paper) and the Norther (yearbook) during our senior years. Even tho it has been almost a year I know Tom is still hurting. He and my mother were world travelers beginning shortly after their marriage by working in Cuba. They took the Queen Elizabeth liner to Italy in 1953 to attend a conference on his specialty.

Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system. Bitcoin was designed to be money, a verifiable and secure way to send value from person A to person B. But new developments like inscriptions (data storage) are bringing new functionality to the Bitcoin network, including bipcoin Bitcoin’s own version of NFTs and BRC-20 tokens that trade on the Bitcoin network. Bitcoin is a peer-to-peer electronic cash system, as described in the now-famous Bitcoin white paper. Created in 2009, Bitcoin was the first of today’s cryptocurrencies, later giving inspiration to projects like Ethereum and thousands of other crypto projects.

To receive bitcoin, simply provide the sender with your Bitcoin address, which you can find in your Bitcoin wallet. Bitcoin miners also use the longest chain, so a rogue miner working overtime to re-mine prior blocks is unlikely ever to produce the longest chain. This clever structure makes Bitcoin transactions virtually impossible to reverse and truly decentralized, with over 1 million miners across the globe. Miners earn both network fees and block rewards for successfully mining a block. Once transactions are validated in a block, it becomes prohibitively expensive for the block to be changed because all the subsequent blocks would also have to be mined again. However looking at the Senior Center schedule it is not today nor anytime during this month.