Sentences with phrase «digital tokens like»

So far, conventional financial products are already more vulnerable to exploitation than digital tokens like bitcoin.

«Digital tokens like bitcoin, ethereum that are stateless, do not have sovereign endorsement, a qualified issuing body or a country's trust, are not legal currencies and should not be spoken of as digital currencies,» he said.

The functioning of the AvantGarde Ratings and the Tokens could be impacted by one or more regulatory inquiries or actions, including, but not limited to, restrictions on the use or possession of digital tokens like the Tokens, which could impede or limit the development of the AvantGarde Ratings.

Almost every major cryptocurrency, from the flagship bitcoin to lesser known digital tokens like litecoin and dash, took a hit Friday morning, with some down as much as 33 %.

However digital token like XRP shall continue to ride higher as Ripple emerges as one of the most bankable technologies.

Not exact matches

Ripple wants to use its bitcoin - like XRP digital token to revolutionize the cross border money transfer industry, erasing scenes like this one where migrant workers from India change money at a stall in Malaysia.

Poloniex, which for now trades only digital tokens (about 70 types), needed a way to translate its cryptocurrency exchange fees into fiat money like U.S. dollars — «to buy cookies and milk and pay rent,» as Allaire likes to say.

Typical initial coin offerings sell digital tokens in companies but do not imply any ownership stakes like stocks.

Nearly as bad, the SEC says the digital tokens they claimed to be selling «don't really exist,» meaning REcoin and DRC — much like the notorious global scam OneCoin — weren't running on blockchains at all, and therefore weren't even really ICOs.

In case you haven't been keeping track, digital tokens are a new asset class, powered by cryptocurrency networks like Bitcoin and Ethereum.

The maturation of infrastructure and societal acceptance for digital currencies has set the stage for the next phase: internet - based crowdfunding of novel Bitcoin - like tokens for new applications.

Just like your private password grants you access to the email stored on a centralized cloud database like Gmail, your private key grants you access to the digital token stored on a decentralized blockchain database like Ethereum or Bitcoin.

The critical distinction is whether the token is simply a useful and tradable digital item like a paid API key.

Tokens are often released through a crowdsale known as an initial coin offering (ICO) in exchange for existing coins, which in turn fund projects like gaming platforms or digital wallets.

Like other regulators, the FCA encouraged due diligence, telling consumers to «fully research the specific project if you are thinking about buying digital tokens» and be «prepared to lose your entire stake.»

The concept behind bit gold was very similar to Bitcoin: It included a digital token that was scarce, like gold, and could be sent electronically without needing to pass through a central authority like a bank.

This could be an established digital currency, like Bitcoin, or the platform's own tokens.

In fact, recent events like an admission by a Japanese exchange that it had been robbed for more than $ 500 million in digital tokens are leading to a push for further regulation in the United States.

In fact, an Internal Revenue Service (IRS) loophole known as the «like - kind exchange,» which had allowed crypto investors to sell one virtual currency and put that money to work in other digital tokens (a like - kind exchange) allowed investors to completely avoid taxation as a result of technicality.

Securities Commission Malaysia (SC) would like to caution investors as we note the emergence of digital token based fundraising activities / investment schemes in Malaysia and elsewhere, which may be referred to as «initial coin offerings», «initial token offerings», «token pre-sale», «token crowd - sale» (collectively referred to as ICO schemes hereon).

Until recently, the most recognized app for blockchain, a kind of digital ledger, has been its role as a platform for cryptocurrencies like Bitcoin and Ether, the token used in the Ethereum system.

Finally, there's the token Toyota digital clock, which looks like it was adapted from a McDonald's Happy Meal digital watch.

Unfortunately named to sound like IPOs, initial coin offerings are sales of digital tokens that represent either a stake in a common enterprise (similar to equity) or a right to use the company's service (similar to Canadian Tire money or redeemable points).

Poloniex, which for now trades only digital tokens (about 70 types), needed a way to translate its cryptocurrency exchange fees into fiat money like U.S. dollars — «to buy cookies and milk and pay rent,» as Allaire likes to say.

In case you haven't been keeping track, digital tokens are a new asset class, powered by cryptocurrency networks like Bitcoin and Ethereum...

Like other digital currency startups, Armstrong has a certain company in mind when talking about its new Token product, and that's WeChat.

Ads promoting «initial coin offerings,» or ICOs, and other digital token sales, have flooded social networks in recent months amid surging hype around cryptoassets, like Bitcoin.

The SEC teamed up with CFTC to issue a joint statement on Friday, saying: «When market participants engage in fraud under the guise of offering digital instruments — whether characterized as virtual currencies, coins, tokens, or the like — the SEC and the CFTC will look beyond form, examine the substance of the activity and prosecute violations of the federal securities and commodities laws.»

A fund that operates in a technology regulated environment will have to use modern digital assets like tokens and can't deal with paper - based certificates.

Many of the hottest blockchain assets today are not digital currencies like Bitcoin or Dash, but so - called tokens, distinguished from true cryptocurrencies by their lack of a blockchain.

Other investment firms like Andreessen Horowitz, Union Square Ventures, and Sequoia have been backing so - called crypto hedge funds, like Polychain Capital and Metastable, that invest in digital tokens and cryptocurrencies too.

To track the progress and value of a digital currency, most people go to a website like CoinMarketCap or CoinCap.io to see the different tokens ranked by their current market capitalization.

«We are more interested in being able to store digital assets that either have some function, like Ethereum, Namecoin, Factom, Maidsafe and things like that, or that have real world backing, such as company stocks, fiat - backed tokens or digital registry of physical assets like deeds to property,» Murashchik told Bitcoin Magazine.

The thinking seems to be bitcoin - > digital currency - > digital tokens - > loyalty points and at first pass it feels like a natural extension of a theme.

«When market participants engage in fraud under the guise of offering digital instruments — whether characterized as virtual currencies, coins, tokens, or the like — the SEC and the CFTC will look beyond form, examine the substance of the activity and prosecute violations of the federal securities and commodities laws,» it said.

Beyond cryptocurrencies and crypto commodities — and also provisioned via blockchain networks — are «finished - product» digital goods and services like media, social networks, games, and more, which are orchestrated by crypto tokens.

Powered by the blockchain and smart contract technology, Polymath and its unique Security Token Standard Protocol, ST - 20, enables securities issuers to create digital tokens to represent shares and other instruments relating to traditional financial assets like private equity, stocks, debentures, commodities, VC funds, real estate, royalties, and insurance.

Some are equity tokens while others are utility tokens, which often function more like a digital coupon, software license or high - tech product than a traditional investment.

Like other digital tokens, XFC is impossible to counterfeit or hack.

ICOs, as famously known, is a way to raise money by offering digital tokens to investors in exchange of other cryptocurrencies like Bitcoins and Ethereum.

It's easy to see why firms would want to move to keep clients from investing heavily in cryptocurrencies like Bitcoin — and equally easy to see why those clients would want to put their money in the digital tokens.

Securities Commission Malaysia (SC) would like to caution investors as we note the emergence of digital token based fundraising activities / investment schemes in Malaysia and elsewhere, which may be referred to as «initial coin offerings», «initial token offerings», «token pre-sale», «token crowd - sale» (collectively referred to as ICO schemes hereon).

Bitcoin and other cryptocurrencies infrequently operate like a financial security such as a stock or commodity; companies raise their funds through granting digital «tokens» to their contributors, or subscribers, who in their turn use either a cryptocurrency or fiat money to acquire an interest in this or that project.

Centralized virtual currencies are digital currencies that have a «centralized repository»; this is likely intended as a catch - all term for any virtual currencies which are not simply tokens for «real» currency or precious metals but rather a currency in their own right, Second Life's Linden dollars is perhaps the existing canonical example, although a hypothetical Bitcoin - like unbacked currency backed by a central repository would also fall into the scope.

For the general consumer, the TrueUSD token allows everyday people to enjoy the benefits of digital currencies like faster transaction speed and better privacy without sacrificing the stability of fiat currency.

Researchers have claimed the digital token operates like a multi-level marketing scheme and has no actual technical backing but is rather just a clone of other digital tokens.

At the same time, established financial firms like Fidelity are getting into the market, and companies like Overstock.com are offering their own digital tokens.

In ICO, the companies cryptocurrency is sold in form of «tokens» in exchange for fiat money and other digital money like Bitcoin and Ethereum.

ICOs — where companies issue their own digital currencies or tokens structured like a cryptocurrency — were in most cases sold to investors, allowing startups to fund their projects.

To take part in the ICO, supporters of the project send digital money like bitcoin (or in some cases use credit cards) to a website run by the company and then receive digital tokens in return.