The addition of the OMG Network token on Japanese crypto exchange GMO Coin indicates that the digital asset has been approved by regulators. The body for regulating digital assets in Japan, the Financial Services Agency (FSA), has whitelisted OMG Network’s native token for trading. According to a July 22 announcement from GMO Coin, the Japanese […]
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The creator of the software company behind anti-virus program McAfee alleges Intel is suing him over the use of his own name. John McAfee, the crypto enthusiast who once said he would ‘eat his own dick’ if Bitcoin did not surge to $1 million, claims that Intel is suing him over his privacy project Ghost. […]
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A new project building on Polkadot received an investment of $600,000 to build liquid staking, a way of unlocking liquidity devoted to proof-of-stake. An upcoming decentralized finance project built on Polkadot (DOT) is looking to unlock liquidity that would be tied up in staking as part of its consensus mechanism. Called Stafi, short for Staking […]
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Blockchain project Avalanche raises $42 million in a public sale, with the mainnet launch now being expected to come by the end of August. The Avalanche project, a blockchain protocol founded by Cornell’s Emin Gün Sirer, has completed a $42 million public token sale after raising $12 million in a private sale in June. Avalanche […]
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Tether has reached $10 billion in market capitalization as growth in 2020 picked up. Tether (USDT) has reached a market capitalization of more than $10 billion as of July 22. The milestone was announced by Tether and also seen through the market price aggregator CoinGecko. Tether’s issuance has seen a significant growth in 2020, doubling […]
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Leading NFT collectibles issuer Dapper Labs has announced a deal with Dr. Seuss Enterprises to launch tokenized collectibles depicting the firm’s iconic characters. Dapper Labs, the team behind the pioneering non-fungible token (NFT) game CryptoKitties, has partnered with Dr. Seuss Enterprises to launch tokenized digital collectibles depicting the company’s most iconic characters. Announced on July […]
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Examining COMP’s ability to pass the Howey test for being qualified as investment contracts and to be considered a security. Innovation springs eternal in the digital asset ecosystem, and with Compound’s launch of its governance token, COMP, last month, the burgeoning world of decentralized finance continues to pick up steam. The broader cryptocurrency community has […]
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Swiss blockchain investment firm CV VC and PwC released a report covering top global firms focused on implementing blockchain in art. Big Four auditor PwC and Swiss blockchain investment firm CV VC, together with Cointelegraph, have released a preview for their new periodical report devoted to blockchain technology in various industries. Published on July 21, […]
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The tale of hacked exchange Cryptopia’s extended liquidation is poised to see new legal action from a major creditor and token issuer. On July 21, legal representation for GNY, a firm focused on artificial intelligence and the issuer of LML, filed a final notice of liquidators’ failure to comply with duties. The liquidator in question […]
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The crowdfunding model in crypto is far from dead, as Republic illustrates with a compliant profit-sharing token that distributes the proceeds from successful equity investments. The crypto industry has long been a testing ground for crowdfunding initiatives. Although previous models, such as the Initial Coin Offering (ICO) and Initial Exchange Offering (IEO) have attracted regulatory […]
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