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Cardano’s Commercial Arm to Help Uzbekistan Form Blockchain Task Force

News The Cardano blockchain’s commercial arm, Emurgo, has partnered with the government of Uzbekistan to form a blockchain task force to develop regulations for security token offerings (STOs) and exchanges (STXs). In a Jan. 20 press release, Emurgo revealed its new cooperation with the Uzbek gove..

Team Behind Foin Token Scheme Explains Catastrophic Price Drop

News The Foin project — which is behind the eponymous token that sunk following its supposed unlocking period at the beginning of January — has released an official explanation of the token’s tanking after the purported price pump. Cointelegraph reported in an investigation on Dec. 30, 2019 that w..

Nets Player On Pace for Jan. 13 Tokenized Bond Launch

News Spencer Dinwiddie of the NBA’s Brooklyn Nets will launch his tokenized security offering on Jan. 13, in collaboration with digital securities company Securitize, after reportedly settling terms with the NBA. “The Spencer Dinwiddie bond launches January 13th,” Dinwiddie said in a Jan. 10 tweet..

Court Denies SEC Request to Make Telegram Reveal ICO Bank Records

News The District Court for the Southern District of New York has denied a request by the United States’ securities regulator to make Telegram reveal its bank records. According to a Jan. 6 court order signed by Judge P. Kevin Caste, the court has denied an application by the U.S. Securities and E..

Juventus Soccer Club’s Fans Choose New Goal Song via Tokenized Platform

News Fans of Italian professional soccer club Juventus have used the Socios platform to vote on the song to be played when they score a goal in their home stadium. The voting marked the first-ever poll held on Socios, a tokenized fan-voting platform for sports, and a real use-case of the team’s br..

‘Grams Are Not Investment’ Says Telegram, Subtly Denying SEC Jurisdiction

News Telegram’s Gram, the native cryptocurrency for the Telegram Open Network (TON), is not an investment product, the firm stressed in a fresh public statement. In a Jan. 6 blog post, Telegram emphasized that Grams should not be associated with expectations for profits based on purchase or holdin..

Researchers Explain How Blockchain Can Innovate Green Energy Markets

News Researchers at Ireland’s Economic and Social Research Institute (ESRI) have proposed that using a blockchain-based “forward trading system” can provide a more effective incentive for the smart management of renewable energy consumption. In a working paper published on Dec. 20, Mel T. Devine, ..

Key Players in Crypto and Blockchain Share Their New Year’s Wish for 2020

New Year Special The digital currency space has seen rapid growth and expansion in 2019, with heightened interest from governments and global corporations. Cryptos recovered from the 2018 bear market, when with Bitcoin (BTC) crashed to as low as $3,800, leaving numerous experts to paint a gloomy p..

Foin Token Scheme Locks Up Investors’ Money and Pumps Price

Investigation On Dec. 15, news broke that cryptocurrency payments firm and wallet provider FoPay had acquired Estonia-based digital currency trading platform AliExchange for 1 million of its native Foin (FOIN) tokens. If one were to go by Foin’s apparent value at the time, that would make the deal..

Hackers Grab Nearly $480K From Blockchain Platform Nuls

News Blockchain platform Nuls has lost almost $480,000 worth of NULS tokens due to a hack, according to a security update tweeted on Dec. 22. In its tweet, Nuls said it had detected that 2 million tokens had been transferred, of which 548,354 tokens — worth roughly $131, 600 — had entered the trad..

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