Sentences with phrase «of cryptocurrency tokens»

Similar to the USD, EUR, and JPY created by company Tether.to which uses Omni Protocol, an open - source software that interfaces with blockchains to allow for the issuance and redemption of cryptocurrency tokens, like such «tethers» above.
An ICO (Initial Coin Offering) is a crowdfunding process where an organization sells a portion of or all of their cryptocurrency tokens to the general public for the first time.
An ICO (Initial coin offering) is a process in which a new cryptocurrency project sells part of its cryptocurrency tokens to early adopters and enthusiasts in exchange for money.
Sale of cryptocurrency tokens will fund development of technology for seamless native advertising in VR and AR.
The experts will be available for consumers to question within Viola.AI's marketplace, and any useful advice they provide will be rewarded by the provision of cryptocurrency tokens.
Certainly, with all the attention, time, and income invested in new products and services built off of cryptocurrency tokens, those who are building this record should be means to pattern ways to incentivize gripping the blockchain clean.
These papers have so far been used mainly for sales of cryptocurrency tokens and not for dApps token sales.
Since there is a limited number of cryptocurrency tokens available at any given time, borrowing more than is available isn't even an option; instead of grabbing a seashell whenever you want to spend or buy more than you can, you're rightfully stuck with your finite number of coconuts.
Regarding the role of a cryptocurrency token, there are many unresolved questions among investors as well as regulators.
ITC is the name of the cryptocurrency token that stands for the Internet of Things (IoT) Chain.
Laws and the future of cryptocurrency token launch are the most critical issues, bothering cryptocurrency in all countries.
He is also a partner in the firm's China and Indonesia practices, advising companies such as TenX on business structure and on legal, contractual, tax, intellectual property, corporate finance and regulatory aspects of their cryptocurrency token sale.
Lumens (XLM) is the name of the cryptocurrency token, while Stellar is the name of the network as a whole, and it's a cryptocurrency with a difference.

Not exact matches

Earlier this week Fortune had the scoop on Circle, a Goldman Sachs - backed fintech startup, buying the cryptocurrency exchange Poloniex, where many of these projects» digital tokens trade.
Because of this heightened risk environment, cryptocurrency experts strongly discourage leaving tokens in the custodianship of exchanges, and instead using a local wallet.
As Ethereum lets developers create their own cryptocurrency, Kassim explains how the platform plans to take real estate assets and «tokenise» each asset, giving everyone the opportunity to buy and sell those «tokens», without the overhead of a bigger entity to handle the process.
With the expansion, Circle is laying the groundwork for a day when cryptocurrencies become pervasive, prices grow less volatile, and the utility of digital tokens goes undisputed.
GP Bullhound's «Token Frenzy: The Fuel of the Blockchain» report laid out the current state of cryptocurrencies, blockchain technology, initial coin offerings (ICO) and what they think the future will look like.
But as he looked to invest further in the ballooning field of digital tokens and alternative cryptocurrencies, he was let down.
In a separate hearing on ICOs in Congress last week, Mike Lempres, chief legal and risk officer for cryptocurrency exchange Coinbase, said the company does not trade ICO tokens because it «can not take the risk of inadvertently trading an asset that is later found to be a security.»
Mainframe initially sold its tokens in a private pre-sale exclusively for accredited investors (several of whom witnessed the airdrop), raising 27,000 of Ethereum cryptocurrency that's currently worth some $ 15 million.
An ICO is a means of raising capital by issuing and selling new crypto tokens in exchange for cryptocurrencies like bitcoin and ethereum.
Last month, cryptocurrency mining network Nice Hash admitted to being hacked in a cyber-breach that saw tens of millions of dollars» worth of digital tokens stolen.
It's the technology underpinning popular cryptocurrencies like bitcoin and ether, and companies that use blockchains to build their core products can also use them to create tokens as a form of equity.
One of the coins Playboy plans to accept is the Vice Industry Token, or VIT, a cryptocurrency designed specifically to monetize adult content by incentivizing high user engagement.
The litecoin founder did not disclose the amount of tokens sold Wednesday but said it was a «small percentage» of daily volume on the cryptocurrency exchange GDAX and «did not crash the market.»
In its notice, the Canadian agency also warned cryptocurrency exchanges, where the tokens created in an ICO can be exchanged for popular cryptocurrencies like bitcoin or Ethereum, that their business could fall within the ambit of securities trading.
The building blocks of the project are blockchains and a bespoke cryptocurrency, a system of «tokens» that will both fund the development of the platform and compensate writers and editors.
Earlier this month, the Merriam - Webster Dictionary added 850 new words and definitions to its online dictionary, including a number of words related to cyrptocurrencies, including the word «cryptocurrency» and the term «initial coin offering» (a sort of initial public offering for digital tokens).
BTCChina said its decision was based on a Sept. 4 directive from Chinese authorities that expressed concern over investment risks involved in cryptocurrencies and ordered a ban on so - called initial coin offerings, or ICOs — the practice of creating and selling digital currencies or tokens to investors to finance start - up projects.
Japan's Financial Services Agency surprised the operators of Coincheck with an unannounced visit to the cryptocurrency exchange's office, and said that it had warned the firm to beef up its security measures in advance of the theft of over 500 NEM tokens in January.
Both are cryptocurrencies, but while a coin — Bitcoin, Litecoin, Dogecoin — operates on its own blockchain, a token lives on top of an existing blockchain infrastructure like Ethereum.
The proposed law would also adjust penalties according to the value of the cryptocurrency involved in a transgression, which would be determined based on a token's exchange rate with the Philippine peso at the time that the criminal act took place.
Russia's Ministry of Finance has published a draft of the long - awaited law regulating token offerings and the trade of cryptocurrencies.
In a notable counterpoint to this narrative, FINMA, a financial regulatory body serving Switzerland (not a G20 member), issued guidelines in February that described four different genres of cryptocurrencies: payment tokens, utility tokens, asset tokens, and hybrid tokens, which bear characteristics of several token types.
On April 5, it was reported that the Japanese cryptocurrency exchange Coincheck, which was robbed of some 523 million NEM tokens on January 26, decided to accept an offer from online brokerage Monex Group to acquire the beleaguered firm.
Indeed, Ethereum, the platform behind the Ether cryptocurrency that is used as a base for tokens sold in ICOs, recently hit a record high of $ 1,000 up from less than $ 500 at the end of November.
Wellsite, a professional network and collaboration platform for the upstream oil and gas industry, today announced a major blockchain initiative for its flagship platform, Wellsite.com, with the launch of a token sale for its cryptocurrency designed for the oilfield services market, Crudecoin.
The developers of a specific digital token can decide to publish their token on a cryptocurrency exchange.
Coincheck, the Japanese cryptocurrency exchange that was recently robbed of some 523 million XEM (as tokens on the NEM blockchain are called) has been instructed by the country's Financial Services Agency (FSA) to prepare a report on the incident, according to a press release on the exchange's website.
A proposed law in New Jersey would make it illegal for firms holding cryptocurrency on the behalf of clients to lend out tokens in its custody.
«I believe it is important to separate the idea of cryptocurrencies, whose main purpose is only to serve as a medium of exchange or a store of value, from the proliferation of «tokens» generally,» he declared.
China's prohibitions of cryptocurrency exchanges and token offerings clearly have not dissuaded domestic blockchain development.
While financiers and bankers alike remain skeptical, over the course of 2017, token offerings (ICOs) have attracted billions of dollars of investment and cryptocurrency has drawn increasing regulatory scrutiny across the world.
In China, over the last several months, regulators shut down vast swathes of the cryptocurrency world, banning token offerings (ICOs) and demanding that trading on cryptocurrency exchanges cease.
The Japanese cryptocurrency exchange Coincheck has been robbed of around 500 million NEM tokens in one of the largest heists the space has ever seen.
On August 10, 2017, the Commercial Affairs Department (CAD) and the Monetary Authority of Singapore (MAS) released a consumer advisory regarding token offerings and cryptocurrencies, which comes a few days after MAS's August 1 clarification on its position on token offerings.
In recent months, the FCA has issued a warning about token offerings (ICOs), cautioned investors about cryptocurrency contracts for differences, and issued a report that details the denial of banking services to firms exploring distributed ledger technology.
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He also pledged that Chinese authorities would continue to apply pressure to the trade of digital assets, which was significantly ratcheted up last year with bans on token offerings, colloquially known as ICOs, and on cryptocurrency exchanges, which had to either cease or dramatically reconfigure their operations, or move abroad.
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