Factom Facing Liquidation After Creditor Refuses Request for Funding

Holding 90% of blockchain firm Factom’s shares, investor FastForward declared the company would go into dissolution on April 2. After failing to source additional funding, blockchain company Factom has begun the process of being liquidated.  In an April 2 notice to investors, Factom’s largest investor FastForward announced the “dissolution event”:  “The Company has been notified […]

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Poloniex Enters Controversial IEO Space With Tron-Only Platform

Poloniex has announced it will launch a Tron-powered initial exchange offering platform called LaunchBase. Poloniex revealed its forthcoming Tron (TRX)-powered initial exchange offering (IEO) platform on April 5. Projects seeking to conduct their offerings on Poloniex’s LaunchBase platform face the stipulation of issuing tokens in exchange for TRX, and will be considered on a “first-come, […]

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Adult Entertainment Supported by Crypto Shoppers During Quarantine

While crypto spending has fallen in some areas, Coingate reported an increase in the number of adult entertainment transactions. While many crypto holders around the world are practicing self-quarantine and other measures to limit social contact, some are turning to the adult industry for comfort.  Speaking to Cointelegraph, cryptocurrency payment processor CoinGate reported an increase […]

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