Cent Routing Exchange (CENTRE), a subsidiary of blockchain startup Circle, has raised $20 million in a Simple Agreement for Future Tokens (SAFT) sale. A SAFT is an instrument employed to allow partners and participants to establish early stakes in the network ahead of a future public sale of tokens that will enable use of the network.
Gamified micro-task platform StormX has raised over $32 million in its initial coin offering (ICO). Over 11,500 people registered to participate in the ICO and nearly 9,500 were approved. The StormX ICO saw participants from all over the world, with individuals across 143 different countries contributing to the token sale.
Blockchain omnichannel loyalty solution Appsolutely has started the initial coin offering (ICO) for its LoyalCoin (LYL). LYL, an ERC20 compliant token built on the ethereum network, serving as the official virtual currency of the new Loyalty Economy.
The company recently unveiled its LoyalPlatform,
Popular online gaming platform Steam has stopped accepting bitcoin due to the currency’s high processing fees and volatility.
Steam is a digital distribution platform developed by Valve, which offers digital rights management (DRM), multiplayer gaming, video streaming and social networking services.
The air is coming out of the bitcoin bubble. As most anticipated, the incredible run-up of the last five days is gradually deflating, with bitcoin standing at the $15,500 mark this morning.
While down pricing is never good news, the hyper-inflation of BTC seen over the last two weeks couldn’t be sustained by any logic.
South Korea’s Financial Services Commission (FSC) has reportedly issued an order banning the trade of bitcoin futures contracts in the country. According to multiple reports, the regulator does not recognize the cryptocurrency as an underlying asset of derivative products so it cannot be a subject for futures trading.
Huobi is one of the largest cryptocurrency exchange platforms in China. On Oct. 31, Houbi shut down all trading services for local customers due to a months-long crackdown by Chinese authorities.
Russia’s Deputy Finance Minister Aleksey Moiseev said that the government, while working on legislation to legalize the trade of bitcoin and other cryptocurrencies, could criminalize crypto mining activities.
“The penalties will be different, mostly administrative, but if someone created the cryptocurrency for the purpose of settlements,
As part of our new feature section on Bitcoin, Blockchain and the Law, we present a selection of articles on the subject:
The digital currency markets continue to rumble, led by large price fluctuations in Litecoin and bitcoin over the past 24 hours.
A notable low volatility outlier was Ethereum Classic, which traded between $22.93 and $33.73 today, with an average price of $28.18.
Our proprietary Block Tribune Volatility Index is a measure of daily price variability compared with variability over the prior 30 days.