Tag Archives: Cryptocurrencies

Popular messaging app Telegram updated the terms of service on its website on Tuesday with a new page for its yet-to-be-launched Gram wallet and token.The only link which has been publicly identified before now has been the Simple Agreement for Token (SAFT) registered with the United States Securities and Exchange Commission (SEC) in March 2018 which lists Telegram, Pavel Durov and Nikolai Durov ( the telegram developers) in the filing.Late last month the alpha version of the wallet of the...

UNICEF, the United Nations Children’s Fund, announced they are launching a crypto fund to, as per the announcement “receive, hold and distribute donations of Bitcoin and Ethereum in its aim to back open-source technology for children around the world.”On Wednesday, UNICEF said that the Cryptocurrency Fund will be among the first of United Nations organizations that will be given benefactions as are cryptocurrencies and it will allocate in the same digital currency form.The United Nations...

The United States Securities and Exchange Commission (SEC) has been in an unofficial fight with the cryptocurrency sector in general. The Commission is generally regarded as unsupportive of the sector especially with its repeated disapproval and postponement of its decision to allow Bitcoin Exchange Traded Funds (Bitcoin ETF). However, an executive from Bitwise Asset Management seems to believe strongly that the upcoming SEC ruling will come in the company’s favor.Speaking to CNBC on its ETF...

Jennifer Robertson, the widow of QuadrigaCX founder Gerald Cotten, has confirmed that she will hand over more than $9 million (12 million CAD) in assets. She has made this move to compensate the users of the now-defunct crypto exchange. The assets will be transferred to EY Canada, the bankruptcy trustee for the defunct exchange.On October 7, Robertson announced in a personal statement explaining that she will transfer the vast majority of her estate assets. These assets were previously valued...

Photo: ShutterstockWhen Facebook announced it is going with its own cryptocurrency Libra back in June, the CEO of Ripple Labs Inc., a US-based technology company, Brad Garlinghouse, was one of its first open supporters.Actually, he was so thrilled by the whole project and all the ‘fuss’ it had gathered in the crypto community that he decided to send the champagne to the Zuckerberg & Co.Be it as it may, a hard times has come to Libra, even before it actually came to circulation. As we had...

The NBA’s Sacramento Kings has announced that they will roll out their new ‘Kings Token’ for fan rewards. That makes them the first NBA team to create a reward program based on blockchain.Announced on October 7, Kings Token was created in partnership with Blockparty. Blockparty is a blockchain platform that manages live event ticketing, tokenized gamification and fan engagement. Blockparty’s chief development officer, Vladislav Ginzburg, explained:“In our opinion, the blockchain has a role in...

The World Federation of Exchange (WFE), which is made up of the globe’s giant stock exchanges such as Deutsche Boerse, the London Stock Exchange, Korea Exchange, CME Group, and Nasdaq, has requested the Financial Conduct Authority (FCA) of the United Kingdom not to illegalize crypto derivatives for retail users.The WFE made the official announcement in reply to the financial regulator’s consultation document on potentially restricting crypto derivatives like Bitcoin futures as well as...

Innovative encryption startup NuCypher has raised about $10.7 Million in what is referred to as a Simple-Agreement-for-Token (SAFT) in a financing round led by Polychain Capital and Bitmain and included VC heavyweights Y Combinator, Bitfury, Arrington XRP Capital, Notation Capital, Coinfund and other strategic investors.NuCypher’s token NU was purchased by the investors during the financing process. The $10.7 Million raised in NU tokens represents 8% of the total supply of the tokens...

Ripple‘s XRP token has been one of the poorest performers in the top ten cryptocurrencies in the market. XRP has shed more than 60% of its market cap year-to-date. However, XRP price’s sudden surge over the last few days has drawn investor attention back to the third-largest cryptocurrency.If we look at the weekly chart of CoinMarketCap, we can see that XRP has jumped by over 10% in just the last three days. At press time, XRP is trading at $0.27 with a market cap of just above $12...

In what seems to be cooperation between two of the biggest organizations in technology, Microsoft and Intel have indicated their willingness to back the reward token of the Enterprise Ethereum Alliance which is the сryptospace’s first open standards association which sets the standards for Ethereum’s blockchain architecture.The token was revealed at the annual Ethereum developers conference taking place in Osaka, Japan (Devcon 5) as a means of providing compensation for those who are involved...