Token

Former South Korean Social Media Giant in Talks ‘With Major Gaming Companies’ to Implement Its Crypto

<div class=”featured_image_container”> </div> <strong>A former South Korean social media giant is still keeping alive its promise to relaunch its business with the help of the cryptocurrency industry. A local media outlet reported that Cyworld is in talks with “major gaming companies” that involve crypto-related ventures.</strong> Company Also Plans to Launch Its Mainnet to Compete With …

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Former South Korean Social Media Giant to Relaunch Its Business by Creating a New Ethereum-Based Token

<div class=”featured_image_container”> </div> <strong>A social media giant that significantly impacted South Korea’s internet influence in the early 2000s is set to take a second breath. The company plans to regain its popularity by launching a new cryptocurrency.</strong> New Ownership Reportedly Got Over $7 Million From Investors to Rebrand Cyworld According to Hanguk Kyungjae, Cyworld is …

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Spanish Municipality Creates Its Own Cryptocurrency to Boost Economy Hurt by Coronavirus Crisis

<div class=”featured_image_container”> </div> <strong>A municipality in the province of Sevilla, Spain, has launched its own cryptocurrency, which aims to encourage residents and merchants to arrange transactions with it in the midst of the coronavirus-driven economic impact.</strong> Spain’s Sevilla Municipality Launches ‘Elio’ Cryptocurrency to Boost Local Economy According to Europa Press, the City Council of Lebrija …

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Major Producer Nornickel Issues Its First Metal Contract-Backed Digital Coins

<div class=”featured_image_container”> </div> <strong>One of the world’s biggest palladium producers, based in Russia, announced that it’s starting the first stage of issuing blockchain-powered tokens to its industrial partners Traxys and Umicore.</strong> Palladium Producer Giant Issues Its First Blockchain-Powered Tokens According to the announcement, Norilsk Nickel (known as Nornickel) said the issuance of the digital coins …

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Russian Parliament Foresees a Wave of Token Issuance for 2021 in the Wake of Crypto Law Promulgation

<div class=”featured_image_container”> </div> <strong>The head of the Russian parliamentary committee on financial markets and the country’s first crypto law’s author is forecasting a “surge in token issuance” for 2021 in the wake of the promulgation expected to take place in January.</strong> Russian Parliament Expects a ‘Surge in Token Issuance’ for 2021 After Crypto Law Promulgation …

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Apple Co-Founder Wozniak’s New Venture Lists Token to Help Fund Energy Efficiency Projects

Apple co-founder Steve Wozniak has launched Efforce, a company that facilitates investments in energy efficiency projects via cryptocurrency and blockchain technology.  The company aims to be a marketplace to streamline the process of financing and undertaking such projects by enabling them to receive crowd contributions from investors via its token, WOZX, which was listed on …

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Major South Korean Crypto Exchange Raided by Police in Alleged $25.2M Fraud Case

South Korean police raided the country’s largest cryptocurrency exchange, Bithumb on September 2 as part of an investigation of fraud allegedly committed by the organization’s main shareholder. With the recorded number of visitors to the platform touching 4.11 million between May and July, Bithumb is the largest exchange in the country. According to a local …

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Markets.Bitcoin.Com Holds Fort as Coinmarketcap Temporarily Goes Offline

Coinmarketcap (CMC) temporarily went offline Thursday, August 13 and normal service only resumed some hours later, but not before inconveniencing a number of regular users. Crypto investors accustomed to CMC’s service scrambled to find reliable alternative sources of fresh market data. During this downtime, crypto traders that are new to markets.Bitcoin.com got a glimpse of …

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Title Token for Blockchain Estate Registry, Part 3

The advantage of the cross-blockchain protocol for public registries is that it can unite any number of existing ledgers in one ecosystem and does not need to upgrade the protocols of such blockchains. In simple terms, the protocol works as an aggregator of tokens across blockchains. The protocol conceptually comprises two major elements: The format …

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