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Enjin Coin surges 71% after becoming first regulatory approved gaming token in Japan
The asset recently received the blessing of the Japanese Virtual Currency Exchange Association.
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Grayscale Investments Clears Out XRP in Its Digital Large Cap Fund
Grayscale has sold all of its XRP holdings to purchase bitcoin, ether, and other crypto assets. In an announcement made earlier today, Grayscale made it known that the firm has sold all of its XRP tokens from the Digital Large Cap Fund. Grayscale Sells Off All XRP Holdings There appears to be more gloom for […]
The post Grayscale Investments Clears Out XRP in Its Digital Large Cap Fund appeared first on Bitcoin News.
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Attackers Drain Millions From Cover Protocol, Token Holders Attack Compensation Plan
Decentralized finance insurance project Cover protocol briefly suffered losses when an unknown attacker minted over 40 quintillion Cover tokens. However, after successfully cashing out tokens worth about $5 million, the attacker unexpectedly returned ether tokens valued at about $3.2 million before leaving a message for the Cover team. Exploit No Longer Possible Immediately after the […]
The post Attackers Drain Millions From Cover Protocol, Token Holders Attack Compensation Plan appeared first on Bitcoin News.
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Spanish Municipality Creates Its Own Cryptocurrency to Boost Economy Hurt by Coronavirus Crisis
A municipality in the province of Sevilla, Spain, has launched its own cryptocurrency, which aims to encourage residents and merchants to arrange transactions with it in the midst of the coronavirus-driven economic impact. Spain’s Sevilla Municipality Launches ‘Elio’ Cryptocurrency to Boost Local Economy According to Europa Press, the City Council of Lebrija created “Elio,” a […]
The post Spanish Municipality Creates Its Own Cryptocurrency to Boost Economy Hurt by Coronavirus Crisis appeared first on Bitcoin News.
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Major Producer Nornickel Issues Its First Metal Contract-Backed Digital Coins
One of the world’s biggest palladium producers, based in Russia, announced that it’s starting the first stage of issuing blockchain-powered tokens to its industrial partners Traxys and Umicore. Palladium Producer Giant Issues Its First Blockchain-Powered Tokens According to the announcement, Norilsk Nickel (known as Nornickel) said the issuance of the digital coins involves metal contracts, […]
The post Major Producer Nornickel Issues Its First Metal Contract-Backed Digital Coins appeared first on Bitcoin News.
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Russian Parliament Foresees a Wave of Token Issuance for 2021 in the Wake of Crypto Law Promulgation
The head of the Russian parliamentary committee on financial markets and the country’s first crypto law’s author is forecasting a “surge in token issuance” for 2021 in the wake of the promulgation expected to take place in January. Russian Parliament Expects a ‘Surge in Token Issuance’ for 2021 After Crypto Law Promulgation According to the […]
The post Russian Parliament Foresees a Wave of Token Issuance for 2021 in the Wake of Crypto Law Promulgation appeared first on Bitcoin News.
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Free TON Community’s Meritocratic Token Distribution Model to Revolutionize Tokenomics
Free TON is a community driven PoS network with a focus on decentralized governance. It is based on the open-source TON project which was previously developed by Telegram. Free TON never had an ICO and will never have a token sale. Instead the project implements a distribution model that will revolutionize tokenomics. This also makes […]
The post Free TON Community’s Meritocratic Token Distribution Model to Revolutionize Tokenomics appeared first on Bitcoin News.
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PayPal might issue its own cryptocurrency soon, says CoinShares exec
The CSO of CoinShares thinks that a payments-focused PayPal token could be forthcoming.
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