Tagged: digital tokens

DeFi Tokens Aave and YFI Continue to Rally as Institutional Investors back Decentralized Finance Intiatives: Report

Analysts are still quite bullish on decentralized finance (DeFi) as increased capital flows indicate that the market is “primed to move higher,” according to a report from OKCoin. Following Bitcoin’s (BTC) ascent to around $18,700, major DeFi tokens have continued to surge as well. OKCoin’s… Read More

Bruce Pon: CEO at BigChainDB Explains how Ocean Protocol Allows Developers to Build Marketplaces for Sharing Data

  We recently connected with Bruce Pon, Founder of Ocean Protocol (OCEAN), which allows software engineers to build marketplaces and other apps to privately and securely publish, exchange, and consume data. Pon is also the CEO at BigChainDB, which is an organization that allows app… Read More

Cypherium, an Interoperability Solution Provider for Blockchain based Digital Currencies, Finalizes Public Sale, Raising $28M in Total

Cypherium, an enterprise-focused distributed ledger tech (DLT) platform that aims to facilitate interoperability between blockchains and central bank digital currencies (CBDCs), revealed on November 18, 2020, that it had finalized its public sale round and has now acquired $28 million in capital through the sale… Read More

China’s Public Blockchain Network Nervos Launches sUDT Token Standard to Compete with Ethereum ERC-20

China-based Nervos, a major public blockchain-based network, has reportedly launched its own token standard, sUDT (Simple User-Defined Token), in order to compete with Ethereum’s widely-adopted ERC-20 standard. As mentioned in a release shared with Crowdfund Insider, the sUDT standard will allow blockchain or distributed ledger… Read More

Fuse.io, a Platform Leveraging DeFi Instructure to Help Turn Communities into Economies, Achieves #2 Spot on Product Hunt

Fuse.io, a Tel Aviv based Fintech firm that aims to leverage (decentralized finance) DeFi infrastructure to create a platform for entrepreneurs that allows them to turn “communities into economies,” notes that they’re proud to confirm that after Fuse Studio was shared on Product Hunt this… Read More

Bitfinex Set to List HUMAN Token

Digital asset exchange Bitfinex announced on Thursday it is set to list the HUMAN Token (HMT), which is notably a medium of exchange that will be used to power the decentralized labor markets built on the HUMAN Protocol. The HUMAN Protocol notably provides a hybrid… Read More

Tel Aviv’s Fuse.io, a Platform Leveraging DeFi Instructure to Help Turn Communities into Economies, has Launched on Product Hunt

Mark Smargon, CEO at Fuse.io, a Tel Aviv based Fintech firm that aims to leverage (decentralized finance) DeFi infrastructure to create a platform for entrepreneurs that allows them to turn “communities into economies,” has confirmed that the Fuse.io project has now been launched on ProductHunt… Read More

Switzerland’s SMART VALOR, a Regulated Digital Asset Exchange, to Run Automated Price Reserve for its Token on Kyber Network

SMART VALOR, a Switzerland based regulated digital asset exchange, will be running an Automated Price Reserve for the VALOR token on the Kyber Network, which provides a tool that allows traders to exchange tokens instantly without having to use exchanges. The VALOR token will be… Read More

Ocean Protocol Founder Explains that Ocean Market, a Data Marketplace, Supports Automatic Determination of Price Using Balancer powered AMM

Trent McConaghy, Founder at Ocean Protocol, which allows software engineers to build marketplaces and other apps to privately and securely publish, exchange, and consume data, explains that the Ocean Protocol aims to “equalize the opportunity to access and monetize data.” According to McConaghy, data marketplaces… Read More

Reserve Bank of the Philippines to Continue Working on its Central Bank Digital Currency which Might Streamline Financial Services

Benjamin Diokno, the Governor of the Reserve Bank of the Philippines, recently noted that the underlying technology behind digital tokens may streamline or enhance existing financial services. The nation’s central bank is looking into the feasibility of issuing its own virtual currency. Diokno believes that… Read More

Port of Rotterdam in the Netherlands and Large Shipping Firms to Conduct Blockchain enabled Pilot for Efficiently Handling Millions of Containers

The Port of Rotterdam in the Netherlands has introduced a blockchain or distributed ledger tech (DLT) -enabled pilot with some of the largest shipping companies in the world. The pilot aims to enhance the overall efficiency and safety of millions of containers that are unloaded at… Read More

University Faculty Members from China and Singapore Make Disclosure Recommendations for Cryptocurrency Token Issuers

  The cryptocurrency market reached all-time highs of more than $800 billion during the initial coin offering (ICO) craze of 2017-2018. There were many huge scams carried out during this time, which involved seemingly promising, but too good to be true companies like BitConnect. While… Read More

Real Estate Token Market Continues to Record Gains, Up 4.27% in April 2020

  While still relatively small, the global real estate token market continues to record substantial gains. Its value increased by around 4.27% during April 2020, meanwhile, the largest securities tokens experienced losses for the same time period. The total market cap of security tokens dropped… Read More

Germany-based Black Manta Capital Partners Teams Up with Finoa to Offer Custody Solutions for Security Tokens to Institutional Clients

Germany-based Black Manta Capital Partners, a security token offering (STO) platform, has teamed up with Finoa, a digital asset custody firm, in order to offer custody solutions for security tokens to institutional clients. Both companies aim to work together to create a compliant security token… Read More

Singapore’s Inland Revenue Authority Says it Won’t Collect Taxes on Cryptocurrency Airdrops or Hard Forks

Singapore’s tax authority, the Inland Revenue Authority of Singapore (IRAS), confirmed that it will not be collecting taxes on airdropped cryptocurrency, provided that the recipients get them  for free. As noted in an income tax treatment guide, released on April 17, 2020, the IRAS clarified… Read More

Cryptocurrency Liquidity Provider XHUB Announces Partnership With ByteTrade

XHUB, a cryptocurrency liquidity provider, announced on Monday it has formed a venture agreement with dual-chain blockchain protocol, ByteTrade. XHUB reputed that theoruhg the partnership, decentralized exchanges operating on the ByteTrade Open Network (BTON) blockchain and ByteBulls white label solution will have instant access to… Read More

UK Gold-Backed Token Project Aurus Scores €1 Million Investment From Dubai-Based Venture Capital Silver Rock Group

Aurus, a UK-based fintech, scored a €1 million investment from Dubai-based venture capital Silver Rock Group for its gold-back token project. Founded in 2017, Aurus describes itself as a marketplace for crypto-currencies that represent shared ownership of physical assets. The company noted that together with… Read More

NBA and NFL Say Non-Fungible Tokens, or NFTs, have A Lot Of Potential, Offer a “New Way for Fans to Connect With Games”

Adrienne O’Keeffe, associate VP of partnerships at the National Basketball Association (NBA), and Sophie Gage, counsel at the National Football League (NFL) Player’s Association, recently took part in a panel discussion during which they talked about the potential value of blockchain or distributed ledger tech… Read More

New York-based Tech Giant IBM Acquires Patent for Developing “Self-Aware” Token

New York-based tech giant IBM has reportedly acquired a patent for the implementation of a “self-aware token,” which will be developed specifically to record events of offline transactions. According to a document submitted to the US Patent and Trademark Office, the self-aware token will be… Read More

Bitcoin IRA Milestone: Surpasses $400 Million in Cryptocurrency Transactions

Bitcoin IRA, a company that allows individuals to invest in cryptocurrency in an IRS-approved retirement account, announced on Tuesday it has surpassed $400 million in cryptocurrency transactions. Founded in 2016, Bitcoin IRA claims to be the world’s first, largest, and most secure digital asset IRA… Read More

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