TRON Foundation CEO Justin Sun is riding the wave of crypto projects conducting Ask-Me-Anythings (AMAs), events that allow members of the community to pose questions on anything from partnership plans to technological progression. To celebrate the launch of #BitTorrentSpeed with the $ BTT wallet, our CEO @justinsuntron will be hosting a live AMA with our VP of Product, […]
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Crypto Startup Block.one to Conduct Major Share Buyback
Block.one, the startup behind the EOS blockchain ecosystem, is reportedly offering to buy back 10% of its stock, at a valuation of about $ 2.3 billion. According to a recent report by Bloomberg, Block.one’s current valuation is roughly 6,567% higher than its seed round valuation, meaning investors have the option to exit with a significant return. Block.one […]
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How Much Does It Cost To Conduct An ICO?
Driven by a common misconception that ICOs are an inexpensive endeavor to be engaged in, a lot of founders find themselves dealing with immense bills that they have not anticipated while launching an ICO. Ivan Aleksandrov, the CEO of Memorandum Capital, an investment company focused on ICOs and investing in blockchain-based assets, dwells into real costs of ICOs and all the expenses of the preparation for private- and public-sale.
My clients very often address me with questions with regard to ICOs and how much they cost, being disillusioned about all the specifics and characteristics of the entire process.
Taiwan’s Financial Regulator to Conduct Limited Oversight of Cryptocurrencies
The Financial Supervisory Commission of Taiwan has indicated its intentions to maintain only a limited oversight of cryptocurrencies. The regulator said it’s going to focus mainly on the enforcement of anti-money laundering policies, while remaining open towards innovations like those coming from the crypto sector.
Also read: Bitcoin Businesses Denied Banking Services in Ireland
Not Stifling Innovation
With the executive power in Taipei still mulling over new regulations for cryptocurrencies and initial coin offerings (ICOs), representatives of Taiwan’s financial regulator indicated their unwillingness to slow down progress in the fintech industry. The Financial Supervisory Commission (FSC) will mainly focus on one of its core duties – overseeing the enforcement of anti-money laundering policies, and will continue to welcome innovations that come with digital currencies.
Bitt signs MOU to conduct fintech pilot on blockchain in ECCB countries
Barbados-based fintech firm Bitt Inc., a portfolio company of Medici Ventures, the wholly-owned subsidiary of Overstock.com focused on the blockchain, and the Eastern Caribbean Central Bank (ECCB) have signed a memorandum of understanding (MOU) to conduct a fintech pilot on distributed ledger techno…
The post Bitt signs MOU to conduct fintech pilot on blockchain in ECCB countries appeared first on CoinReport.
Coinbase Granted E-Money License by UK’s Financial Conduct Authority
Coinbase appears poised to increase its global market share for licensed cryptocurrency exchanges. It recently hired a mergers and acquisitions veteran who handled more than 40 deals for Linkedin, signaling its intent to start gobbling up competitors in the industry. Now it’s also established a new legal beachhead in the UK from which it can further penetrate the European bitcoin market.
Also Read: Coinbase Launches Cryptocurrency Trading Tax Calculator
The Abyss Aims to Conduct the World’s First DAICO, A New Protection Mechanism for ICO Contributors, Raised By Vitalik Buterin
The Abyss is a next-generation digital distribution platform with the vision to create a crypto reward ecosystem for millions of gamers and developers.
January 11, 2018 — The Abyss, the next generation digital distribution game platform, today announced the intent to launch a pioneering DAICO, a reinforced version of ICO merged with aspects of Decentralized Autonomous Organisation (DAO). The DAICO fundraising model was proposed by Vitalik Buterin, co-founder of Ethereum, earlier this month as a more responsible way to conduct initial coin offerings. The Abyss DAICO is scheduled on February 7, 2018.