Posts in category

Tokens


Insurance giant Allianz has been testing an internal token to move money around between its global affiliates without having to deal with currency conversions and other costs and inefficiencies. Development of the so-called “Allianz token” is being helped along by blockchain startup Adjoint, which created a proprietary blockchain for the project, CoinDesk has learned. Adjoint …

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Tim Enneking is managing director at Crypto Asset Management, which oversees Crypto Asset Fund, a regulated US cryptocurrency trading fund. The number of initial coin offerings (ICOs) is growing rapidly, having raised an astounding $5.6 billion in 2017 alone. More outrageous is that, by most estimates, over half of the ICOs launched in 2017 have already failed. …

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The EU nation of Malta is moving closer to introducing a test that would clearly define when assets derived from initial coin offerings (ICOs) are securities. In a consultation paper published Friday, for which it is currently seeking public feedback, the Malta Financial Services Authority (FSA) set out a proposal for a so-called Financial Instrument Test, …

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Wouldn’t it be nice to make some extra cash while browsing social media? That’s the promise of Golem, a peer-to-peer market for putting your computer’s excess CPU power to use for other people. And today, after three years and 14 software implementations later, it’s going live on the ethereum blockchain. The project, which sold out …

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It turns out, you can launch crypto tokens on Ripple’s XRP Ledger, and a small group of coders are seeking to be among the first to do it. Stepping back, that might seem strange on multiple levels. For one, there’s XRP Ledger’s association with Ripple, the San Francisco startup that has largely tried to distance itself …

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“I think it’s fair to say that ICO-related language is making its way into term sheets.” The comment, made by a partner at a major venture capital firm, shines a light on how traditional investors are tweaking their standard paperwork to deal with how a growing number of companies, both blockchain-based and traditional, are pursuing …

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It didn’t take long for Scott Nelson to realize he was only non-lawyer in the conference room. There amidst attorneys from various government agencies, including the SEC, the CEO of blockchain startup Sweetbridge and long-time logistics tech specialist was prepared to discuss his company’s forthcoming initial coin offering (ICO). The lawyers on his team had …

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A new patent awarded to Ford suggests the U.S. automaker is considering the use of cryptocurrency to let cars on the road communicate with each other and reduce traffic. The patent – “Vehicle-to-vehicle cooperation to marshal traffic” – was published Tuesday and awarded to Ford Global Technologies, LLC. It focuses on ways to alleviate traffic congestion, …

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Consumers might be the biggest winners when crypto tokens are designed correctly. At least that’s the case made by a new paper by MIT’s Christian Catalini and the University of Toronto’s Joshua Gans, which describes a simplified model that illustrates what might be a valuable price discovery role that utility tokens, or those that operate …

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Former Liverpool soccer star Michael Owen has partnered with the Singapore-based Global Crypto Offering Exchange (GCOX) to issue his name-backed cryptocurrency OWN coin, Bloomberg reports March 21. The OWN tokens, set to be launched next quarter, would be used to buy merchandise or make donations to charities chosen by the athletes. OWN will also be …

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Tether, the altcoin backed by fiat currencies USD and EUR, has issued another 300 mln USDT tokens priced at $1 per token on Tuesday March 20, according to data from Omni Explorer. In mid-February, Tether had released 86 mln in euro-backed EURT and 61.1 mln in US dollar-based USDT on the Ethereum (ETH) Blockchain. Bitfinex’ed, …

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Far East dealers in crypto assets have been on the receiving end of severe regulation and yet the region appears undaunted – at least, that’s if the Token 2049 Hong Kong conference is any indication. Indeed, at day one of the event Tuesday, there wasn’t much evidence of the so-called “crypto winter” being mooted in …

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Hong Kong-based OKEx became the first crypto exchange to list the South Korean high tech startup Cube, as was announced on Feb. 28. Cube’s team recently revealed its project that will protect network security designed for driverless cars and autonomous vehicles, by use of Blockchain technology. As OKEx representatives told Cointelegraph, the exchange is listing …

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Dr. Paul J. Ennis is an ICO advisor and lecturer in the College of Business, University College Dublin. James Waugh is an ICO adviser and director at Blueblock consultancy. William Weaver is a committee member of the Blockchain Association of Ireland and a host on CrytoAM. The crypto economy continues its relentless expansion, encompassing the traditional world of …

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CoinJob has failed to meet its requisite funding goals during their Initial Coin Offering (ICO) according to an announcement on their website in February, now it informs on error. The project for a low-fee, distributed labor marketplace for computer-based work was launched in August 2017 and planned to raise up to 60,000 ETH, but collected …

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Imagine getting $1,000 just for joining a newsletter. Well that’s effectively what happened for those that subscribed to Onchain’s newsletter early on in the project’s lifecycle. The company, which is building the Ontology network designed to connect real-world institutions to each other, gave 1,000 of its “ont” crypto tokens to people who signed up for its …

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Playboy Enterprises will be developing an online wallet that will allow customers to use cryptocurrency to pay for company’s online media and includes support for the new Vice Industry token (VIT), according to a post on Playboy’s website published yesterday, March 14. The first sector of Playboy to use the crypto wallet will be Playboy.TV, …

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Startup fundraising, in the traditional VC methodology, was flipped on its head in 2017 when a boom in ICO creation saw hundreds of companies forming on the Blockchain with its attached digital currency being born in the form of an investable token. However, this crowdfunding platform which exploded at a rapid rate has finally been …

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Bitpanda, an Austrian trading platform for cryptocurrencies is partnering with the Vienna University of Technology to develop an open-source platform called “Pantos” for real-time arbitrage trading between different Blockchain tokens, Cointelegraph auf Deutsch reported on Wednesday, March 7. In partnership with the Vienna University of Technology, researchers from the Research Institute for Future Cryptoeconomics (RIAT) …

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Wyoming state legislature has passed House Bill 70 yesterday, March 6, exempting certain Blockchain tokens from securities regulations and money transmission laws. The bill, which already unanimously passed in its third reading Wyoming’s House of Representative on Feb. 19, passed in the Senate 27-3, also after its third reading yesterday. “Open Blockchain tokens” offered through …

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