It has been a little over three weeks now since Lepricon opened their token, L3P, to the market on Uniswap, and it has been a bumpy ride out in the markets. “It was much easier before the token went live on the market,” says Founder and CEO Joshua Galloway. When pressed to explain, Galloway, a 20 year veteran of the …
Top Thing to Do Before Launching an Initial Exchange Offering
IEOs should be taken critically, the reason is very simple. There was a lot of hype behind it. Everyone wanted to launch an IEO and we saw a similar hype to 2018 and 2019 with ICOs. ICOs did not have exchanges that were deciding which projects to accept and projects didn’t have liquidity. And that was an advantage because the …
Beyond Crypto Friendly: Swiss Bank Helps Clients Participate in ICOs
Here’s something we don’t hear every day: a Swiss bank has opted to enable its clients to participate in initial coin offerings easily. The bank, Swissquote, has previously allowed customers to trade in cryptos. This is, to say the least, an unusual service for a fiat banking institution. Additionally, Swissquote offers traditional FOREX trading and the range of services that …
Bloomberg: European Crypto Mining Firm Bitfury Considers Going Public
Blockchain technology company Bitfury is considering a potential Initial Public Offering (IPO), which could reportedly become the first major public listing in the crypto industry in Europe, Bloomberg reported Oct. 25. People familiar with the matter reportedly told Bloomberg that Bitfury is examining a range of options including raising debt financing or selling a minority stake. Should Bitfury go public …
Oracle Releases Suite of Blockchain-Based Software for Supply Chain Management
Software development company Oracle Corp. has released a suite of blockchain-based software-as-a-service (SaaS) applications based on its Oracle Blockchain Cloud Service, according to an announcement published Oct. 23. The new product is purportedly designed to improve traceability and transparency throughout supply chains. Oracle is an American corporation founded in 1977, and currently is one of the largest vendors in the …
Highlights of Week 42: Blockcloud, Rubiix, Coinomi
Blockcloud’s Token Sale ended on October 17th. The project raised a total number of 5029.729 ETH. Blockcloud reached its hardcap of 1M USD ahead of time. Blockcloud is a Blockchain based advanced TCP/IP architecture providing constant connectivity for dynamic network. Read more here. Rubiix Pre-Sale begins Nov 15 Rubiix is a positive-engagement ecosystem and a social community for brands and consumers. …
Payments Company Square Open-Sources Its Bitcoin Cold Storage Tool
U.S. payments processing company Square has announced that it is open-sourcing its Bitcoin (BTC) cold storage solution in an official blog post published today, Oct. 23. Cold storage refers to a method of keeping cryptocurrency holdings and users’ private keys offline in order to safeguard against theft via a remote attack. According to the post, Square’s solution, dubbed “Subzero,” uses …
Trade.io Reports $8 Million Stolen Crypto Funds from Cold Wallet at Bank
Coinzilla Banner 728×90 Crunchify.com social sharing. Get your copy here: http://crunchify.me/1VIxAsz Cryptocurrency hacks are nothing new. We’ve been witnessing events like these since 2014 when Mt. Gox, then the biggest bitcoin and digital currency exchange in the world, lost nearly half-a-million in BTC overnight. The scruples of the company’s then CEO Mark Karpeles have been called into question ever since. …
New York Gives Coinbase Green Light to Offer Regulated Crypto Custody
Coinbase has made yet another pioneering move in the regulatory morass that is cryptocurrency. The company today announced that its institutional wing, Coinbase Custody Trust Company, has received approval from New York State regulators to operate as an “independent Qualified Custodian.” A qualified custodian operates similarly to a bank, so much so that it is sometimes referred to as “custodian …
Binance is Legitimizing Crypto Market by Eliminating Money Laundering
Binance, the world’s largest crypto exchange, has voluntarily engaged in an initiative to eliminate money laundering on its platform. For years, despite the inherent lack of privacy measures on major public blockchain networks like Bitcoin and Ethereum that discourage the settlement of illicit transactions, a widely pushed narrative against crypto has been the suspected usage of digital assets by criminals. …