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The Freshest Binance’s IEO Shows It Still Works
24.4.2020
A newly concluded token offering on Binance is bringing hope to proponents of the initial exchange offering (IEO) model that this method of issuing new coins and tokens to the market is still working as it used too - after an initial pump, the price is dropping.
At 2 AM UTC time on April 23, a...
How Have Petro Prices Stayed Stable While Crude Oil Falls Below USD 0?
23.4.2020
The coronavirus pandemic has wrought financial chaos for all sorts of assets and commodities – including a massive crypto dip and plummeting oil prices.
But with a barrel of crude diving into the negative zone earlier this week before recovering – a crypto-related mystery is developing. How is that...
LG Pilots Facial Recognition-powered ‘Digital Token’ Payment Platform
23.4.2020
Source: Adobe/S_E
South Korean electronics giant LG’s long-awaited digital token has taken a new and innovative twist in the wake of the coronavirus pandemic.
Per a press release shared with the Green Economic Daily, LG’s IT services arm, LG CNS, has released details about its “digital currency,”...
Dharma Launches Feature for Sending Dai Payments to Twitter Handles
23.4.2020
Dharma, an Ethereum-based crypto lender, has released a new feature that allows sending stablecoin to Twitter handles.
This peer-to-peer lending platform has announced the launch of Social Payments, which they describe as a Twitter-native financial ecosystem. They go on to say that this new service...
McDonald’s, Starbucks, Subway May Take Part in Digital Yuan Tests - Reports
23.4.2020
McDonald’s, Starbucks and Subway branches could be set to take part in the Chinese central bank’s digital yuan pilots, with Beijing’s efforts to roll out the world’s first central bank digital currency (CBDC) intensifying.
Multiple Chinese outlets, including the likes of Sina (via JRJ and Ciajing)...
New Libra Might Help Crypto Adoption - Binance Research
23.4.2020
Crypto industry might greatly benefit from Facebook's Libra coins adoption, according to Binance Research, the research arm of the major crypto exchange Binance that has its own interests in the stablecoins business.
In their analysis titled "Will Libra Live Up To Its Initial Ambitions?"...
Stablecoins Don’t Inflate Crypto Markets - Researchers
23.4.2020
Contrary to popular belief, cryptocurrency prices may not be as dependent on the issuance of the most popular stablecoin, tether (USDT) as many people have thought, according to two researchers.
Stablecoins act more like a safe haven within the crypto ecosystem that investors seek refuge in during...
Art + Crypto Tale Takes New Twist as Artist Tokenizes His Output
22.4.2020
#freetoexplore #swipelife, 2019. Exhibition view, Magasins Généraux, Pantin, France. Source: ben-elliot.com
Artists are increasingly turning to crypto-powered solutions to fundraising – and a future whereby both artists and their output are tokenized may not be far off.
In a glimpse of what might...
Ripple Sues YouTube
21.4.2020
Brad Garlinghouse. Source: a video screenshot, Youtube/Bloomberg Technology
Ripple, an American blockchain company focusing on payments technologies, has announced a lawsuit against the video sharing giant YouTube.
"Today, we are taking legal action against YouTube to prompt an industry...
Lendf.Me Attacker Screws Up, Returns All the Stolen Funds
21.4.2020
The person(s) that attacked Lendf.Me, the lending protocol in the "decentralized finance protocol" dForce network - actually returned the money they had stolen, allegedly because they broke the number one rule in hacking: don't reveal your identity.
As reported yesterday, Lendf.Me...
Crypto Listing and Delisting Announcements: Week 16
20.4.2020
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by cryptocurrency exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know...
Crypto Market Sentiment Ends Its Winning Streak; Bitcoin Back to Neutral
20.4.2020
The market sentiment cut its string of gradual, week-per-week growth. After four weeks of minor upward movements, and last week's break into the 5-6 score level with a sentscore of 5.27, this Monday the combined moving average 7-day market sentiment measure, sentscore, for the top 10 coins dropped...
'Huge Blow' to DeFi as Hackers Exploit Known Vulnerability
20.4.2020
The DeFi (decentralized finance) industry just suffered another blow that reminds us that DeFi is still very much uncharted territory. What makes it worse is that the vulnerability used has reportedly been known.
A blockchain security company PeckShield offered a detailed look into the attacks...
Chinese Central Bank Makes it Official: Digital Fiat Tests to Begin
20.4.2020
The Chinese central bank, the People’s Bank of China (PBoC), has officially confirmed a number of digital currency testing reports – and has indicated that testing will soon begin in the country’s capital, Beijing.
The PBoC has also rushed to insist that a digital yuan rollout will not spark...
Chinese IT Firms Deny Digital Currency Involvement as Shares Skyrocket
17.4.2020
Chinese tech companies have been hurridly issuing statements denying they are involved with digital currencies – as stocks in domestic IT firms continue to soar on exchanges in the Middle Kingdom.
And it seems that even though some leading companies have been going to great pains to distance...
There's Still Money for IEOs; Blockchain Fundraising Will Grow - Binance CEO
16.4.2020
Changpeng Zhao. Source: Instagram, Binance
Initial Exchange Offering (IEO) are still very much a thing and will thrive in the future, said Changpeng Zhao, CEO of major crypto exchange Binance.
"I am still very confident in the IEO market," Zhao said, speaking at the virtual BlockDown 2020...
Facebook's Libra Confirms A New Plan To Please Regulators
16.4.2020
In an attempt to ease regulatory concerns, Facebook's Libra just changed its initial plan to issue the multi-currency Libra Coin and now aims to start from single-currency stablecoins, such as LibraUSD, LibraEUR, etc.
"This will allow people and businesses in the regions whose local currencies...
Digital Yuan Real-world Tests to Begin in May - Chinese Media Reports
16.4.2020
Multiple domestic media outlets are reporting today that China is beginning its first tests for what is set to become the world’s first central bank-issued digital currency, with real-world tests coming in May.
Chinese outlets say that the digital yuan, known in China as the DCEP (Digital Currency...
Bitcoin And Altcoins Rally, Ethereum Outperforms Major Coins
16.4.2020
Recently, bitcoin price extended its decline below the USD 6,550 support area. However, losses were limited and BTC/USD bounced back sharply after tagging the USD 6,500 area. It is now trading above USD 6,850 and attempting another upside break above the USD 7,200 resistance.
Similarly, most major...
Antisemitic Holocaust-themed ERC-20 Token Uncovered
15.4.2020
The Holocaust Memorial, Berlin, Germany. Reporters have discovered a website build using the SquareSpace platform courted controversy by offering its users Holocaust-themed token in a World War II genocide-themed coin offering.
The project appeared to make light of the Holocaust, which saw Nazi...