Cryptophyl is the world’s first digital marketplace for trading SLP tokens, airdropping the tokens as soon as they are listed. Users can deposit BCH and get instant access to SLP. Besides, the platform conducts regular audits and lists quality tokens to create the definitive token portfolio. Before listing, the free tokens are airdropped to users […]
Category: STO News
Pundi X Labs Announces XWallet Upgrade, Binance Chain Wallet to Be Added Among Other Perks
On Saturday, August 10, Pundi X Labs published an upgrade notice, in which its XWallet will undergo some additions it seems, on Monday, August 12 between 10:30 and 12:30 GMT+8. The four-hour long upgrade is said to add the Binance Chain Wallet, Crypto Gift supports tokens and an update to the FX App, which will […]
FCA Issues New Crypto Classification Guidelines
Crypto investors in the UK got some clarification this month from the country’s Financial Conduct Authority (FCA) in regards to how to classify their cryptocurrency. The firm released an updated crypto classification guide after an outcry from blockchain businesses seeking more transparency in the industry. FCA Token Classification Token classification continues to be a hot […]
Has Litecoin (LTC) Been Recognized by the IMF as a Legitimate Payment Token?
The IMF report which refers to Litecoin as being a payment token dates back to October 2018. As many of our regular readers are probably already aware of, the Litecoin ecosystem recently underwent a ‘halving’, as a result of which, block rewards associated with the currency have now dropped to 12.5 LTC. As per a […]
Wyoming Becoming an Unexpected Blockchain Hub
For some reason, Wyoming residents are feeling the impact of blockchain more than any other state. Despite being the vast expanse of land for rodeo and cattle ranches, technology is making a big impact in this state. Wyoming may be seen as ‘old-fashioned,’ but it’s definitely not stuck in the past. In fact, many blockchain […]
New Jersey Establishes ‘Blockchain Task Force’
New Jersey Governor Phil Murphy has just signed into law bill S2297 which establishes the ‘Blockchain Initiative Task Force.’ The group will be responsible for researching and advising the adoption of blockchain on the state and local levels. New Jersy is jumping head-first into addressing the regulatory hurdles for cryptocurrencies in the state by establishing […]
Prime Trust Partners with Fireblocks to Leverage its MPC & SGX Technology
On August 8th 2019, Prime Trust announced a partnership with Fireblocks. The agreement will allow Prime Trust to utilize unique technology developed by Fireblocks, to bring an added layer of security to the custody of digital assets. The Prime Trust – Fireblocks Partnership Explained Digital asset custody firm Prime Trust is continuing to develop its […]
US Regulator Initiates Crackdown on Fraudulent ICOs in “Operation Cryptosweep”
A US state regulatory is cracking down on two New Jersey-based ICOs for having “fraudulent unregistered securities.” The cease and desist orders are part of “Operation Cryptosweep.” Two fraudulent New Jersey-based ICOs are being hit in a crackdown in the state by regulators. Two investment schemes titled “Zoptax LLC” and “Unocall” are being targetted by […]
UK Financial Conduct Authority (FCA) Does Not Consider Ripple’s XRP to Be a Security
In a recent video released by the UK’s Financial Conduct Authority, the regulatory body compares XRP to Ethereum. Both can be used both for payment and as a utility token. Concerns over Ripple’s XRP being a security token have been present online for years now. Only two cryptocurrencies, Bitcoin and Ethereum, have been confirmed to […]
South Korea’s SK Group Set To Launch A Donation Blockchain With Two Native Cryptocurrencies
Two tokens set to be launched by the third largest Korean conglomerate, SK Group, after local dailies report the development of a business blockchain. The conglomerate will launch the Social Value Coin (SVC) and the Social Value Power (SVP) Local reports from South Korea confirm that SK Group, one of the largest conglomerates is planning […]