Ethereum Consortium Launches Token Initiative With Microsoft, JPMorgan Chase, Others

The Enterprise Ethereum Alliance has launched a blockchain-neutral Token Taxonomy Initiative that will seek to define tokens in non-technical and cross-industry terms. The Enterprise Ethereum Alliance (EEA) has launched a blockchain-neutral Token Taxonomy Initiative in partnership with major firms, according to a press release from EEA on April 17. The initiative will seek to define […]

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Exchange Gate.io Sees Almost $3 Billion in Orders in First Week Of IEO for Native Token

The sale was oversubscribed, Gate.io says, while entry currency Tether also saw purchasing premiums in some markets. Chinese cryptocurrency exchange Gate.io saw almost $3 billion worth of orders placed during the first phase of its in-house token sale, the company confirmed in a blog post on April 14. Gate, which offers cryptocurrency-only trading, is currently […]

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Indian Banks Consider Promoting Blockchain Tech Use for Payments

Major Indian banks plan to focus on blockchain tech implementation to increase digital transaction quality. The National Payments Corporation of India (NPCI) is considering implementing blockchain technology to increase the strength of digital transactions, Indian business magazine Business Today reports on April 14. The initiative of ten banks, under the aegis of the Indian Banks’ […]

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Will China Ban Crypto Mining?

Chinese government is considering the elimination of crypto mining. On April 9, Reuters reported that a Chinese government agency is considering the elimination of crypto mining in the country. Given that China has been hosting the majority of mining pools on its soil, the global crypto industry might be poised to take a massive hit. […]

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Blockchain Ecosystem Offers $1.5 Million DApp Development Fund, Tech Support and Marketing

sponsored A blockchain ecosystem has launched a $1.5 million DApp funding program to encourage developers to build compelling applications on its platform. An established blockchain ecosystem has launched a decentralized application (DApp) funding program worth $1.5 million to incentivize developers and enthusiasts to build applications with real value. WaykiChain says it will offer support of […]

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US Legislators Reintroduce Token Taxonomy Act to Exclude Crypto From Securities Laws

American congressmen have reintroduced the Token Taxonomy Act that would exclude crypto from being classified as a security. Representatives in the United States House of Representatives have reintroduced the Token Taxonomy Act, according to a press release shared with Cointelegraph on April 9. The bill would exclude cryptocurrency from being classified as a security. The […]

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