Posts in category

Digital assets


Bancor has announced today it will launch a network of blockchain-based community currencies in Kenya. The new project is expected to combat poverty through the stimulation of local and regional commerce and peer-to-peer collaboration. By using the Bancor Network, disadvantaged communities in Kenya will be able to create digital currencies that can hold one or …

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Asset tokenization platform TrustToken just raised $20 million in a strategic token sale with the help of major venture corporations, including Andreessen Horowitz (a16z). The startup announced Monday that the cash raised in the funding effort, which was also backed by BlockTower Capital and Danhua Capital, will be used to continue developing its platform, which …

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Jeff Garzik first tuned the world into his latest venture in the fall of 2017. The Bloq co-founder unveiled Metronome (MET), a cryptocurrency he founded alongside Matthew Roszak, at the Las Vegas Money 20/20 conference in late October, and the project caught the attention of Bloomberg and Fortune at the time. What makes Metronome interesting …

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According to data from EOS Authority, EOS has finally acquired the minimum votes required for its network to go live. After EOS failed to launch its platform on its projected launch date of June 2, a live-stream vote was called, where users voted “Go” to launch the blockchain network. But while the network got the …

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There is substantial controversy surrounding Tether, a cryptocurrency that claims to be pegged to the U.S. dollar. According to Tether, each Tether token is backed by one U.S. dollar, held in the full reserve of Tether. But the existence of the U.S. dollars pegging Tether has been called into question. Moreover, worries exist that Bitfinex …

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Vancouver-based blockchain and cryptocurrency firm DMG Blockchain Solutions Inc. has announced the official launch of its BitScore web API. The platform is designed to provide cryptocurrency deposit and withdrawal risk-scoring for both anti-money laundering (AML) and anti-fraud compliance. DMG Blockchain Solutions seeks to manage, operate and develop end-to-end solutions for monetizing the blockchain ecosystem, and …

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Venezuela has reportedly offered the Indian government a fantastic deal: a 30 percent discount on crude oil imports. The only condition being that the oil must be purchased through the nation’s newly minted cryptocurrency, the Petro. Venezuelan Crisis   The release of the currency comes as Maduro’s government attempts to address a number of pressing …

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The cryptocurrency project “Ravencoin” published its first white paper on April 3, 2018. Entitled “Ravencoin: A Peer to Peer Electronic System for the Creation and Transfer of Assets,” the document is authored by CoinCPA founder Tron Black and Chainstone Labs founder Bruce Fenton, and seeks to offer information about the coin’s features which, until now, …

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People have a fetish for lists: frequent versus infrequent; business versus personal. There are grocery lists, to-do lists, bucket lists, Oscar nomination lists, top charts, top movies and top restaurants. By utilizing blockchain technology, token-curated registries (TCRs), that is, decentralized lists created with underlying economic incentives, have the potential to increase the accuracy and governance …

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Korea has many of the pieces of the puzzle to become the first “Crypto-Powered Nation,” one that runs on blockchains and supports a crypto economy. Here’s what I learned during an intense two and a half days there in March 2018. Some country out there is going to be the first “Crypto-Powered Nation.” That would …

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Today, March 22, 2018, at the government’s second International Fintech Conference, Exchequer Chancellor Philip Hammond announced the launch of a Fintech Sector Strategy that looks to keep the U.K. on the forefront of the industry. The primary component of this new strategy will be the introduction of a Crypto Assets Task Force composed of representatives …

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Following Facebook’s lead, Google has announced it will ban all cryptocurrency advertising on its platforms by June 2018. This restriction applies to all Google-owned platforms including YouTube and any websites where Google sells digital ad space. On Sunday, March 18, 2018, Sky News reported Twitter will ban a range of cryptocurrency advertising by April 2018, …

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TrustToken has launched trading for TrueUSD, “the first independently verified asset-backed stablecoin on the market that fixes its value to the U.S. Dollar.” TrueUSD (TUSD) is live on the cryptocurrency exchange Bittrex. “TrustToken is proud to launch TrueUSD so that traders can easily and quickly trade into a stablecoin that is 100 percent USD collateralized …

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The Republic of the Marshall Islands (RMI), an island country located near the equator in the Pacific Ocean with a population of about 50,000, is poised to become the first sovereign nation to issue a cryptocurrency that will be legal tender. The new currency is called “Sovereign” with the symbol “SOV.” The SOV, which will …

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With crushing debt and a starving population, the Maduro government in Venezuela is launching what it says is the world’s first sovereign cryptocurrency. The cryptocurrency is designed to bypass U.S. government sanctions against the socialist regime. The “Petros” cryptocurrency will have an initial value tied to the price of a barrel of Venezuelan crude oil …

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The cryptocurrency ecosystem has continued to take some major hits lately, causing many investors and holders to rethink the way they trade their crypto assets. Several high profile cryptocurrency hacks have made the news in the past few years. In one of the most recent hacks, the Japanese cryptocurrency exchange, Coincheck lost more than $500 …

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Po.et, a blockchain startup that allows content creators to create time-stamped titles for their written, visual and audio work, has announced Jarrod Dicker, who has held positions at the Washington Post, Time Inc. and Huffington Post, as its new CEO. It may be the perfect match. Po.et wants to change the way content creators manage …

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TEND, an ethereum-powered marketplace for sharing “tokenized” luxury goods, has partnered with a Porsche dealer based in Switzerland’s “Crypto Valley” to put a sports car on a blockchain. The startup’s founder, Marco Abele, who previously served as chief digital officer for Credit Suisse, told CoinDesk that TEND is collaborating with Porsche Zentrum Zug in order to offer …

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If you are one of the 81 million people who use WordPress to publish content, you’ll soon be able to automatically timestamp your works within the WordPress content management system using the new Po.et plugin. February 8, 2018 marked the launch of Frost, an open API and set of developer tools from Po.et that will …

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Concerns are growing as to whether tether (USDT), the stable token pegged to the dollar, is backed by actual U.S. dollars. And recent scrutiny by U.S. regulators is doing nothing to allay those fears. As of this writing, the number of USDT in circulation is 2.2 billion. That means Tether should have a matching number …

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