Six years on from the publication of its original whitepaper, Filecoin (FIL) has launched an incentivized testnet designed to test the network in realistic conditions.Aiming to build a decentralized file storage network, Filecoin carried out a $250 million ICO in 2017 – the largest Initial Coin Offering at the time. It was also the first ICO to be launched with the approval of the Securities and Exchange Commission (SEC), under a SAFT agreement – Simple Agreement for Future Tokens.According...
Read More »BitClave Settles 2017 Token Sale Allegations with the SEC
Blockchain firm BitClave is being forced to refund all the money it earned three years ago through an initial coin offering (ICO) thanks to a settlement with the Securities and Exchange Commission (SEC).BitClave: Not the First, Not the LastThe SEC has been coming down hard on blockchain and crypto companies that allegedly fail to register their tokens as securities. Since 2017, the governing body has sought to bring all companies that do not properly register their currencies to justice and...
Read More »Messari: ETH Share On Ethereum’s Blockchain Contentiously Declines, Might Soon Tumble Below 50%
The value of ETH stored on its own Ethereum blockchain has been continuously decreasing in the past year, new research shows. While numerous ERC-20 tokens operate on the network, the growth of stablecoins presents the most substantial threat to cause a future “flippening.”ETH’s Role On Ethereum Blockchain DecreasesPer the research provided by Messari’s Ryan Watkins, ERC-20 tokens are rapidly approaching 50% of the total value stored on the Ethereum network.ERC20 Tokens On Ethereum Blockchain....
Read More »Blockchain Firm BitClave Agrees To Pay Almost $30 Million Following SEC Charges
Blockchain-based company BitClave PTE Ltd. reached an agreement to settle all charges brought by the US Securities and Exchange Commission (SEC) and will pay back all of its 9,500 investors the $25.5 million raised in 2017.BitClave To Pay Back InvestorsThe SEC accused the “blockchain services company” that it conducted an unregistered initial coin offering (ICO) of digital asset securities in 2017. BitClave raised $25.5 million at the time by selling its Consumer Activity Tokens (CAT) to...
Read More »Bitamp Self-Custody BTC Wallet: Your Keys, Your Bitcoin
[Featured] Bitcoin custody is among the most widely discussed topics within the community. A lot of users trust well-known exchanges to handle a fairly large amount of money for them, relying on the fact that they are reputable and secure.While this has proven to be untrue many times in the past few years, it also goes against one of the basic principles of Bitcoin: self-sovereignty and lack of intermediaries.The multitude of attacks against many well-known cryptocurrency exchanges has led to...
Read More »Dynamic Coin Offering (DYCO) to Displace Traditional ICO, IEO and STO Crowdfunding
Digital asset early investors are to get relief from the risks associated with traditional ICO, STO and also IEO as emerging DYCO (Dynamic Coin Ordering) has become a better alternative framework for crowdfunding.Retail investors can take a deep breath as a new emerging type of framework for crowdfunding referred to as Dynamic Coin Offering (DYCO) comes in to save from exploitations of ICOs, IEOs, and STOs. The fears that scammers will sell fake news to make uninformed investors put their...
Read More »Entertrading Is Officially a Thing: Exchanges Learn to Attract Users With Referrals and Contests
[Featured Content] As the ongoing crisis forces crypto exchanges to compete for each user, they are trying new approaches to customer acquisition.Combining trading and entertainment into ‘entertrading’ is one such approach, pioneered by Nominex Exchange. It focuses on the excitement of trading, the spirit of competition, and additional ways to make a profit.Exchange marketing needs a rehaulCrypto trading may be a very new industry, but the marketing techniques used by exchanges are...
Read More »Second Class-Action Suit Is Filed Against Ripple
Ripple is facing a heavy bout of trouble. The company has had another lawsuit filed against it by a company that virtually no one in the cryptocurrency community has heard of.Ripple Is Facing More Legal TroubleThe crypto firm is currently facing another class-action lawsuit from the likes of Bitcoin Manipulation Abatement LLC. The case was filed on May 1 in a U.S. federal district court against both Ripple and its CEO Brad Garlinghouse. Documents pertaining to the case alleged that...
Read More »TRON Launches New USD-Pegged Stablecoin USDJ Via TRON’s DeFi Platform JUST
TRON, a popular blockchain platform and decentralized content ecosystem have just announced its move into the world of decentralized finance (DeFi), with the launch of JUST – a decentralized lending platform with its associated stablecoin, USDJ.JUST and USDJ are Now LiveTRON’s first DeFi project is JUST, a new platform that allows TRX holders to receive a new stablecoin called USDJ in return for locking up TRX in a collateralized debt position, or CDP.Like Tether (USDT), TRON’s new USDJ token...
Read More »Three Ways to Brush up on Your Cryptocurrency Trading Skills During the Lockdown
[Featured Content]In the last month, much of the world has gone into lockdown in response to the global coronavirus pandemic. For some, this has resulted in a radical change in working life, making remote work, video conferencing, and working in pajamas the norm.However, practically everybody under lockdown now finds themselves with more time on their hands—making it the perfect opportunity to brush up on those trading skills finally. Here are three platforms to help you do just...
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