Category: Tokens
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Russia’s Hydra Darknet Marketplace Plans $146M Token Sale
According to regional reports, the Russian darknet market Hydra is planning an initial coin offering (ICO) in order to expand the marketplace internationally. The sale is set to start on December 16 and Hydra administrators hope to raise $146 million from the token sale. Also read: Regulatory Roundup – Bitcoin Futures Fund Approved, India’s RBI-Backed…
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Cryptophyl Exchange Reveals Fiat On-Ramp to SLP Token Ecosystem
The London-based exchange Cryptophyl is a trading platform focused on the Simple Ledger Protocol (SLP) and bitcoin cash (BCH) ecosystem. On October 29, the exchange announced the launch of the first fiat on-ramp to obtain well-known SLP tokens. Also read: Avalon Mining Rig Maker Canaan Files for $400M IPO on Nasdaq Purchasing SLP Tokens With…
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Bitcoin.com Joins the Coinex Chain Pre-Election Node Process
Trading platform Coinex recently announced the creation of a public decentralized exchange (dex) blockchain that leverages the consensus protocols Tendermint and the Cosmos SDK. This month, up until the mainnet launch, Coinex is in the midst of its pre-election process with new node participants preparing to partner with the Coinex Chain ecosystem. To further promote…
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Bank of Lithuania Issues Guidelines on Security Token Offerings
Recognizing that businesses are seeking alternative ways to raise capital other than bank lending, the Bank of Lithuania has issued new guidelines on security token offerings. The goal is to clarify applicable rules without introducing more regulations. Also read: Mario Draghi Leaves European Central Bank Without Ever Raising Interest Rates Guidelines Aiming to Avoid More…
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Belarusian Bank Gets the Go-Ahead to Service Crypto Investors
A bank in Belarus has effectively gotten the green light to process transfers related to digital assets. DFS, an affiliated company of Belveb Banking Holding’s member VEB Technologies, was recently registered as a resident of the High Technologies Park. The country’s special economic zone has already become home to many crypto businesses. Also read: Bittrex…
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Bittrex Pulls Out of 31 Markets Citing Regulatory Uncertainty
Cryptocurrency exchange Bittrex is discontinuing operations in 31 countries, including Venezuela and Zimbabwe. The trading platform has justified its decision on the basis of the regulatory uncertainty in these jurisdictions. Some of the nations in the list are going through political turmoil and socio-economic challenges. Also read: Russia Blocks 2 Crypto News Websites Zimbabwe and…
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Telegram Awaits Court Hearing on SEC Case Against Its Token Sale
Telegram, the most popular messenger in the crypto community, is facing challenges surrounding the launch of its TON blockchain. Following an intervention by the U.S. securities regulator, a court hearing on the sale of the native gram tokens is scheduled to take place a week before the network was expected to go live. Also read:…
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Liechtenstein Adopts Token Act to Attract Crypto Business
One of Europe’s smallest but richest nations, Liechtenstein, has made a significant step towards clarifying the regulatory environment in its already crypto-friendly jurisdiction. The parliament of the German-speaking principality in the heart of Europe has just passed a law that is likely to entice even more crypto companies to its territory. Also read: Turkish Government…
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SLP Hackathon Produces a Variety of Innovative Token Ideas
[youtube https://www.youtube.com/watch?v=-FlOgBjZ4pQ&w=560&h=349] Software developers wrapped up the first Simple Ledger Protocol Virtual Hackathon (SLPVH) which ended on September 30 with the first place prize awarded to the Project Ignite team. The developers’ project, called Hamingja, is a non-tradeable SLP token that utilizes checkdatasig covenants for a loyalty points system. The second and third place teams…