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Posts Tagged ‘Token’

Binance’s BNB Token Hits All-Time High in Bitcoin Value

Binance Coin (BNB), the token issued by the world’s largest cryptocurrency exchange by trade volume Binance, has extended its recent gains to set a new all-time high in bitcoin-denominated value. At press time, BNB is trading at 0.002619 BTC ($9.60) but previously reached 0.002688 at 10:00 UTC Monday – the cryptocurrency’s highest price in its…

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Swiss Stock Exchange to Launch Its Own Security Token This Year

Switzerland’s Stock Exchange (SIX) wants to have its own security token offering in the second half of 2019 alongside the launch of its SIX Digital Exchange (SDX) platform for trading digital assets.  SIX To Launch Its Own STO The Switzerland Stock Exchange (SIX) wants to launch its own security token offering (STO), according to the…

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Is ConsenSys Startup Token Foundry Dead or Doing Something Different?

Token Foundry set out last year to be the best platform for running initial coin offerings. The website of the ConsenSys-incubated startup said as much until as recently as January 21. Then, over the next few days, it would articulate two more missions before finally settling on a new goal: “This year we are adding new…

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BitTorrent’s Token Price Spikes 600 Percent Since ICO

BitTorrent token’s (BTT) price has gone up over 600 percent since its initial coin offering (ICO) which sold out in minutes, according to the data from CoinMarketCap on Feb. 4. Peer-to-peer torrent client BitTorrent, which allows users to distribute files over the Internet launched its Tron-based native token BTT in the beginning of January. BTT…

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BitTorrent Token Is Already Nearly 6 Times Its ICO Price

The price of BitTorrent Token (BTT) is closing in on six times the price of its initial coin offering (ICO), which occurred just one week ago. 59.8 billion BTT tokens were sold through Binance’s token sale platform on Jan. 28 at a price of $0.00012 per token, according to sale information provided by the exchange.…

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Proof-of-Stake Token Investors Could Use Staking For Gains During Bear Market

A Bloomberg article published today, Feb. 1, suggests that proof-of-stake (PoS) token investors have a unique option to survive the protracted crypto market slump: staking their holdings. In blockchains that use a PoS system — as opposed to proof-of-work (PoW) — nodes in the network engage in validating blocks, rather than mining them.  A deterministic…

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South Korea Will Maintain ICO Ban After Finding Token Projects Broke Rules

South Korea’s top financial regulator has said it will not lift the ban on domestic initial coin offerings (ICOs) after finding that some projects have been violating rules.As ICO investment is a “high risk” activity, the Financial Services Commission (FSC) said, calling on the public to exercise caution when investing in token projects, according to…

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Security Token Startup Polymath Locks up 75 Million Tokens

Despite chilly market conditions, one startup is locking up approximately $9 million worth of its tokens for five years. Polymath, a company best known for advancing the idea of security tokens (those designed explicitly to fit under current securities laws), revealed to CoinDesk that it is locking up 75 million of its POLY tokens. That’s…

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Overstock’s tZERO Token Platform Has Officially Opened for Trading

Overstock.com’s much-anticipated security token trading platform, tZERO, officially began trading Thursday afternoon. The company announced in a press release that its secondary market for tZERO’s own security tokens had gone live, marking the first step toward trading other digital assets on the platform. Accredited investors can sign up to trade tZERO tokens through Dinosaur Financial…

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