After more than three years of development, blockchain-powered tokenized security exchange tZERO appears to be on the verge of a full public debut. The Overstock.com-backed project released series of videos yesterday, demonstrating how tokenized versions of stocks and other securities can be bought, sold, and traded on the platform. While some cryptocurrency exchanges currently allow […]
Earlier today, prices for nearly every cryptocurrency began to rapidly drop. Major cryptos like BTC, ETH, and LTC have fallen by nearly 9%, while lesser-known tokens like IOTA, NEM, and TRON have seen losses in the 15% range. While this kind of volatility is nothing new in cryptocurrency circles — three drops of similar scale […]
According to a tweet from Venezuelan President Nicolas Maduro, the country’s oil-backed Petro cryptocurrency has raised $735 million on its first day. Sales of the highly controversial token began on Tuesday with deeply discounted sales (as much as 60%) to select investors. A larger-scale public sale slated for next month. If true, the launch would […]
We all expect 2018 to be the year that blockchain grows up. 2017 was a year when cryptocurrency markets dominated the public imagination, was a monumental year for cryptocurrencies and the blockchain. While some of us grew excited by the explosion of new applications, platforms and technologies being launched, many others were simply happy […]
In a surprising turn of events, long-struggling photography brand Eastman Kodak has announced plans to move into the cryptocurrency space with a pair of new initiatives. Yesterday, Kodak revealed that it will be launching a new, blockchain-powered platform, called KODAKOne, which is intended to “empower photographers and agencies to take greater control in image rights […]
Since late November 2017, South Korea has looked to regulate cryptocurrency trading in domestic exchanges. South Korea’s primary financial regulator is in discussions with counterparts in China and Japan toward the regulation of cryptocurrencies like bitcoin. South Korea is the world’s third largest market in bitcoin trading, after Japan and the U.S., and the largest […]
As 2017 winds to a close, the major financial news outlets have begun to publish their year-in-review coverage. Given the utter dominance of bitcoin and other cryptocurrencies during the second half of the year, it’s hardly a shock that many of these articles focus heavily on the future of digital currencies and other blockchain-related topics. […]
In a blog post released on Tuesday, crowdfunding giant Indiegogo announced plans to create a “reliable, global platform for ICOs” through their site. The new platform appears to be modeled on Indiegogo’s existing Equity Crowdfunding model, providing a curated selection of token sales and pre-sales that meet current SEC guidelines for ICOs. The new initiative […]
Earlier this week, the Securities and Exchange Commission (SEC) filed a complaint with the Federal Court in New York seeking to freeze all U.S. assets of Quebec-based cryptocurrency startup PlexCoin, including the personal assets of founders Dominic Lacroix and Sabrina Paradis-Royer. The company’s Canadian assets have already been frozen by Quebec’s regulatory agency, the Autorité […]
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