EOS Raises $700 Million Despite Token Affording No “Rights, Uses, Purpose, or Features”

Block.one’s EOS ICO has raised approximately $700 million USD, despite EOS’ FAQ page clearly stating that token-holders will not be afforded any rights or functions. The token sale currently comprises the largest ICO to date, with the company anticipating a launch in June 2018. Also Read: Centra ICO Faces Class Action Lawsuit, Accused of Violating US … Read more

trade.io Partners With Modular, Inc, to use new Blosym framework, Decreasing ICO Process by 85% on Ethereum Network

20 December 2017, Zug, Switzerland, trade.io has teamed up with blockchain innovators, Modular Inc. (formerly Majoolr) to employ Modular’s new Blosym system.  Blosym is an all-in-one platform for distributed applications.  Blosym will simplify the use of Ethereum applications by offering an easy point-and-click interface for smart contract deployments and point-and-click token crowdfunding participation.  Current research and … Read more

Nigeria Experiences Spike in Bitcoin Adoption

Nigeria has witnessed a recent spike in bitcoin adoption, with the P2P markets setting a new record for trading volume thus far during the week of the 16th of December. Nigeria comprises the most recent African nation to experience a spike in cryptocurrency adoption, with Zimbabwe’s bitcoin prices having been among the highest worldwide for a … Read more

Major Korean Crypto Exchange Upbit at Center of Regulatory Controversy

The South Korean cryptocurrency exchange affiliated with Kakao Talk has recently become the center of regulatory controversy. Upbit is the only major exchange in Korea that has not joined the other exchanges in support of self-regulation. Their agreement with Bittrex raises the question of how the regulation applies to them. Meanwhile, the exchange is having … Read more

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