News by results: Tokens

The Japanese social media and messenger software firm Line Corporation has announced the company is introducing a non-fungible token (NFT) marketplace on April 13. Line detailed on Wednesday that the market will be called “LINE NFT” and it will showcase “more than 100 types of NFTs.”

Thailand is targeting newly-minted crypto millionaires to breathe life into its pandemic-battered tourism industry.

In recent years we have seen a rush on the crypto market by investors large and small, drawn to the promise of colossal rewards by a plethora of emerging players. What followed was the widely publicized ‘Great Crypto Crash’ of 2018 that led many coins to either fail completely or struggle to recover fully.

Harbor, a startup that made headlines in April when its $20 million token sale fell through, is now helping other companies tokenize their securities.

Atlético de Madrid, a Spanish football (soccer) team, has partnered with Chiliz, a sports blockchain, to create Fan Tokens, a platform that will give fans special access to team merchandise, information, and experiences.

Germany’s biggest insurance company, Allianz, has been developing a blockchain-based digital token for payments, similar to investment banking giant JPMorgan’s JPM Coin.

Seychelles’ stock exchange has just listed a tokenized security for trading, becoming the first in the world to do so.

Ripple, the company behind XRP, the third-largest cryptocurrency by market cap, has revealed that it sold $251.51 million in XRP in the second quarter of 2019. Ripple published its Q2 report on July 24.

Houbi, one of the world’s oldest cryptocurrency exchanges, has taken steps to reduce the supply of the token that powers its decentralized platform, Huobi Token (HT), in a quarterly burning event.

Stablecoin operator Tether accidentally minted and subsequently burned 5 billion USDT tokens, Whale Alert tweeted on July 13.

Ampleforth, the first token to be offered on Ethfinex and Bitfinex’s IEO platform Tokinex, reached $5 million in 11 seconds during its initial exchange offering, according to a news release. Jean Louis van Der Velde, CEO of Bitfinex and Ethfinex called the demand for the sale “incredibly high.”

Telegram, the most hyped ICO in the history of ICOs, is finally making its tokens available to retail investors through a limited listing that will precede a full sale later this year — but there are a lot of catches.

Electronics firm HTC has announced its blockchain smartphone EXODUS 1 will now allow users to exchange major ERC20 tokens like BAT, KNC, and DAI.

Overstock’s tZERO security token trading platform has once again failed to close on a capital injection by the targeted date.

The Enterprise Ethereum Alliance (EEA) and Microsoft have corralled the major blockchain providers behind a new project to help businesses design and create the right sort of crypto tokens for their particular needs.

A newly passed act in France allows life insurance providers to invest in cryptocurrencies and tokens without any limitation on the amount that can be allocated.

Canadian police have frozen assets of the founders of blockchain consulting firm Vanbex, which raised $22 million in an alleged fraudulent initial coin offering (ICO). The development was reported in a court document released on March 14.

The National Development Council (NDC) of Taiwan announced today that it will launch a blockchain alliance in three months, English-language local media Taiwan News reported on March 26.

Chris Burniske, a partner at Placeholder, a “thesis-driven” venture capital firm that is focused on investing in “decentralized information networks”, has argued that business leaders have increasingly been turning to the “relative equity-capitalized, cash-flow extracting” markets.

Binance, the world’s largest cryptocurrency exchange by adjusted trading volume, is about to release its decentralized exchange, Binance DEX, for public testing.