VC calls Ethereum killers ‘toothless’ based on token allocation to insiders

Only two of Ethereum’s recent competitors had a “fair launch” according to the specified criteria. Mythos Capital founder Ryan Sean Adams called Ethereum killers “toothless” based on initial token allocation schemes that often prioritize insiders: Source: Twitter. Adams was referring to a recent Messari report, which summarized the token distribution for some of the most […]

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SEC-approved crypto IPO issuer INX acquires STO platform OpenFinance

The crypto industry records another major acquisition in 2020. According to an official announcement, INX has signed a term-sheet for the acquisition of OpenFinance, which operates as a registered broker-dealer in compliance with the Financial Industry Regulatory Authority and the Securities Investor Protection Corporation. With the new deal, INX is set to acquire OpenFinance’s broker-dealer […]

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Singapore’s largest bank reportedly launching crypto trading and custody

Another global bank believes that digital assets are the future of the global economy. DBS, Singapore’s largest retail and commercial bank, seems to be entering the cryptocurrency space with three new offerings. According to information seen by Cointelegrpah, DBS is launching cryptocurrency trading and custody as well as a platform for conducting security token offerings. […]

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