Blockchain 

Blockstack Raises $23 Million USD in First Regulated Token Offering

Blockstack has raised $23 million USD in the first-ever token offering approved by the US Securities and Exchange Commission. Blocskstack PBC, which is a decentralized computing network aiming to antiquate data breaches and trust violations, first announced the token sale in July, having received SEC approval to raise up to $28 million USD in a Reg A+ compliant offering. The breakdown of the token offering consisted of $15.5 million USD raised through the sale of  74.3 million Stacks tokens through its Reg A+ sale in the US, and an additional…

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Blockchain 

Basic Attention Token (BAT) Gains 6% After Launch of New Brave Wallet

The enormous rally that was enjoyed by Bitcoin and the wider crypto market during the first half of the year resulted in the emergence of some tokens that people may not have heard of before. One of those tokens is the Basic Attention Token (BAT), which is meant for the Brave browser project. BAT has not made any significant gains this year and remains a small-cap cryptocurrency, but it is in the news today because it is one of the few tokens that has experienced a rise. The project related…

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Blockchain 

Ripple’s XRP Outperformed in Q2 2019 as the Token Seeks More Transparency

The crypto winter kept cryptocurrency markets in the grip for almost two years until sometime this year, but in this period of grey, one asset stood out. Ripple’s XRP continued to perform well within expectations. XRP’s Strong Performance in Q2 Ripple has indicated that XRP sales in the first and second quarters of 2019 have increased, which furthers asserts XRP’s immunity to the wild fluctuations in the cryptocurrency industry. Despite the company having large hoards of XRP, they have been restricting sales for the most part. Even still, in Q2…

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Blockchain 

BitTorrent Token (BTT) to Power Expedited File Sharing on TRON Network

BitTorrent Token (BTT) has taken a significant hit in recent weeks after hitting peak levels in May. While a crash to new lows against Bitcoin (BTC) is a point of concern, the software company behind the token is already looking into the future. BitTorrent Speed The TRON subsidiary has launched BitTorrent Speed, a new crypto powered approach designed to enhance peer-to-peer file sharing. The speedy software seeks to scale up upload and download speeds within the TRON network. Millions of users stand to enjoy fast and uninterrupted access to files…

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Blockchain 

Another Fan Token | WestHam Soccer Club Signs with Socios.com

Back in September, Juventus Soccer Club launched its own ‘fan token’. Now, the partner behind that token, Socios.com, is buddying up with West Ham United. The Socios.com Fan Token Socios.com is a “new app for football fans.” It allows its users to vote on club matters by collecting the fan token that is issued by the Socios blockchain and tradeable against the platform’s native cryptocurrency ChiliZ (CHZ). As stated, Juventus signed up last September. Paris St. Germain soon followed, inking its deal two weeks later. West Ham is the first…

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Blockchain 

The SEC Guidelines are HERE! Release of Crypto Token Guidance

It’s been nearly six months in the making and now the US Securities and Exchange Commission (SEC) has finally published its regulatory guidelines for token issuers. Though many questions remain unanswered, crypto enthusiasts have finally got some clarity on the issue of “tokens as securities.” SEC Guidelines The SEC Guidelines focus on tokens and how and when they may be classed as a security. It includes examples of networks and tokens that fall under security laws, as well as examples of those that don’t. It outlines a number of elements…

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Blockchain 

Polymath Partners with SeriesOne for Security Token Issuance

Security token platform, Polymath, has reportedly partnered with digital securities fundraising platform, seriesOne, to give customers “end-to-end” solution for security token issuance. Polymath and SeriesOne Partnership The news was first announced by seriesOne yesterday via a press release. The company said the new product will allow issuers to create and manage security tokens that are “compliant throughout their entire lifecycle.” This means from the initial token offering all the way to trading on an exchange. Easier The aim of the partnership is to simplify the creation and management of security tokens.…

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ICOs 

Emaar Community Token | Owners of Burj Khalifa Plan ICO

At nearly 3,000 ft tall, the Burj Khalifa is the tallest building in the world. Soon, it may also be the first with its own cryptocurrency. Emaar Group, the real estate firm in charge of the world-famous building, wants to develop its own crypto token dubbed the Emaar community token. Let’s check this out. Emaar Community Token Emaar Group is one of the largest real estate developers in the United Arab Emirates. Earlier today, the group announced plans to develop the Emaar community token. At first, this coin will only…

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Cryptocurrency 

BitTorrent Token (BTT) Sale Over in Minutes

The BitTorrent Token (BTT) sale on Binance took place yesterday. In under 15 minutes, $7.1 million was raised, selling 50 billion BTT token. Binance announced the conclusion of the sale via an official blog post on their website. BitTorrent Token (BTT) Sale The token sale ran in two different sessions: One for purchasing BTT with TRON (TRX) and the other purchasing BTT with Binance Coin (BNB). Both sale sessions ended quickly. This didn’t go without a hitch though. It seems Binance wasn’t fully prepared for the amount of traffic it was…

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Cryptocurrency 

BTT Token Coming Soon | First Step in Supporting Decentralized Internet

On Thursday, January 3rd, BitTorrent, Inc. said that it plans to launch a crypto token, called the BitTorrent token (BTT). While many have done something similar, CEO Justin Sun described the BTT token as having a competitive edge. BTT Token Coming Soon According to Sun, the BTT token is “the first in a series of steps to support a decentralized internet.” For the most part, the BitTorrent token will be used to achieve quicker download speeds. It can be bought, sold, and traded. Speaking further on the matter, Sun said…

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