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First Mover: Kyber CEO Predicts 2020 Transactions at $3B as DeFi Token Soars

7.8.2020
Kyber Network's KNC token has brought traders eightfold returns this year, dwarfing those for bitcoin and ether. CoinDesk spoke with Kyber CEO Loi Luu about the project and the token's performance

Analysis: Most DeFi Tokens Are Concentrated In Hands of Top 500 Holders

7.8.2020
A new analysis suggests the token supplies for most DeFi projects are not widely distributed, with up to 99% held by the top 500 addresses

Goldman Sachs Eyes Own Token as Bank Appoints New Head of Digital Assets

6.8.2020
The new digital asset head at Goldman Sachs said the bank was currently considering launching its own possibly fiat-backed cryptocurrency

US Congressmen Want IRS to Balance Taxation and Innovation in the Cryptocurrency Space

6.8.2020
A bipartisan quartet of US congressmen wants the IRS taxation policy not to dissuade taxpayers from participating in blockchain token staking. These politicians believe America’s ingenuity can help drive this promising staking technology. The four congressmen are Bill Foster (D) of Illinois...

Japanese Power Firm, Crypto Exchange Claim Digital Token Pilot Success

6.8.2020
Source: Adobe/Игорь Головнёв Japan’s Kansai Electric Power and crypto exchange DeCurret said that a recent “digital token”-powered, blockchain-based payment pilot was a success – and could be used for settlements in peer-to-peer (P2P) electricity transactions. Per a press release from DeCurret,...

'The Sandbox' Game Announces $3M Token Sale Through Binance Launchpad

5.8.2020
Highly anticipated blockchain game The Sandbox has announced a token sale for its SAND utility tokens later this month through Binance’s Launchpad platform

Republic Cuts Through SEC Red Tape to Raise $16M via Security Token Sale

5.8.2020
Under a pair of SEC regulations, crowd-equity platform Republic has raised $16 million through the sale of its Republic Note security token

Russia’s Biggest Bank Considers Launching its Own Stablecoin

4.8.2020
Shortly after Russia’s President Vladimir Putin signed the country’s recent cryptocurrency law, the country’s largest bank voiced its considerations

European Bitcoin Exchange Hacked for $1.4 Million, Claims It Cannot Afford to Repay Users

4.8.2020
2gether, a Spanish cryptocurrency trading platform, has been hacked for about $1.4 million and company executives claim that they do not have the money to repay customers. Chief executive officer Ramon Ferraz Estrada said over the course of several tweets on Monday that the breach of July...

As DeFi Booms, Yearn Finance (YFI) Shifts 100% of Token Supply to Users

3.8.2020
The DeFi sector recently achieved a record $4.23 billion in total value locked, so why did Yearn Finance distribute its full token supply to its users?

US Court Dismisses Claims Against XRP: Report Shows Ripple Paid Moneygram $15.1M in Q2

2.8.2020
The Northern California District Court finds that claims against Ripple Labs and its token made by two investors cannot be proven. The legal dispute, which began in May 2018, pitted Ripple Labs including CEO Brad Garlinghouse and disgruntled investors. According to a report, the discontented...

Accused of Spreading a FUD Zeus Capital Doubles Down on Chainlink Pump and Dump Claims

2.8.2020
Zeus Capital LLP has released a new report reiterating its earlier stance that Chainlink is a giant pump and dump scheme. This new report comes after the little known asset management and research firm took a flak for attacking Chainlink’s token in an earlier report. In what it now terms part...

Title Token for Blockchain Estate Registry, Part 2

1.8.2020
Focusing on title tokens, a theory of smart laws, digital authorities and how to protect the system from digital dictatorship

Beyond.Insure Is Launching A Security Token Offering (STO)

1.8.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com. Beyond Insure is a new insurtech company based in the Netherlands that aims to develop technology-based insurance solutions for European small and medium-sized enterprises (SME). Beyond Insure is launching...

US Regulator Zeroes in on Binance Chain as SEC Awards Monitoring Contract to Ciphertrace

1.8.2020
The U.S. Securities and Exchange Commission (SEC) intends to award a fixed-price contract on a single source basis to Ciphertrace. The SEC is awarding the contract to the blockchain monitoring company as it plans focus on BNB coin, as well as other tokens on the Binance’s DEX. The BNB token...

Chinese Police Take Down $6 Billion Plustoken Ponzi, Arrest 109 People

31.7.2020
Chinese authorities have reportedly arrested 109 people in connection with the Plustoken Ponzi scheme. Twenty-seven of them are allegedly the scheme’s masterminds and 82 are key members. The Plustoken scammers have swindled funds worth about $5.7 billion from more than 2 million investors....

pTokens project launches pNetwork DAO with staking rewards of 42% APR interest

31.7.2020
London, Friday 31st July 2020 – The pTokens project has today launched the pNetwork DAO, giving holders of the governance token $PNT the opportunity to help govern and influence the future of the DeFi cross-chain solution. pTokens make every cryptocurrency compatible with every blockchain...