Wikipedia Rival Everipedia Debuts, Rewarding Users With Crypto Tokens

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Billing itself as “the online encyclopedia reinvented for the modern age,” Everipedia has officially introduced its long-anticipated, peer-to-peer, online encyclopedia using EOS.IO technology that rewards users with crypto tokens for providing and editing articles. These “IQ” tokens entitle the holder to voting rights within the network. Seeing itself as as an alternative to Wikipedia, Everipedia seeks to […]

FINRA Throws Shade on the ‘SAFT’ ICO Framework

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The Financial Industry Regulatory Authority (FINRA), a Washington-based self-regulatory body, has cautioned investors to beware of ICOs touting their adoption of the SAFT (Simple Agreements for Future Tokens) framework as evidence of investment security or regulatory compliance. SAFT Background The warning, which appears in its August 16, 2018 Investor’s Alert publication addressing potential ICO investors […]

Chinese Retail Giant JD.com Launches Open Blockchain Platform

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JD.com, China’s largest retailer and e-commerce provider, has deployed an open blockchain platform to enable customers to have their own blockchain solutions to improve the transparency, efficiency and security of their operations, the company announced on its corporate blog. The JD Blockchain Open Platform expands the company’s Retail as a Service and will allow customers […]

Interview: Michael Dunworth, CEO of Money Transfer Service Wyre, on MakerDAO Partnership

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On Tuesday, U.S. international wire transfer startup Wyre announced a strategic partnership with MakerDAO. We’ve written about Wyre several times in the past: first when they raised a $5.8 million Series A led by Chinese firm Amphora Capital. The firm went on to acquire Bejing-based Remsity as they took on China. At the time — April 2017 […]

Decentralized Crypto Exchange AirSwap Launches OTC Market to ‘Unlock New World of Liquidity’

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Decentralized exchange AirSwap is launching the framework for over-the-counter (OTC) trading product for mainnet rollout. In an update posted on its website, AirSwap said the new product would be available “exclusively to a private beta group.” Founded in 2017, AirSwap became known for offering frictionless peer-to-peer trades for ERC20 tokens to a group of primarily […]

90% of Employees at Major Crypto Exchange Binance Receive Salary in BNB

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At the Liechtenstein Cryptoassets Exchange (LCX), Binance CEO Changpeng Zhao told TechCrunch founder Michael Arrington that 90 percent of the exchange’s employees receive their salaries in BNB. “Just one of the interesting things @cz_binance told me this week at LCX event: 90% of binance employees choose to receive their salary in BNB tokens. Smart people,” […]

Cobinhood Founders Raise $20 Million for Blockchain That Processes 1 Million Transactions Per Second

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The founders of cryptocurrency exchange Cobinhood are commissioning the development of a new blockchain capable of processing 1 million transactions per second, a massive undertaking given that Bitcoin transaction can take hours to complete and Ethereum transactions range from 1-5 minutes, with even Visa’s ~2000 tx/s being dwarfed in comparison. The company behind the project […]

Op-ed: Energy Security and Blockchain — A Solution for Oil Politics and Geopolitics

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Modern economies run on a different kind of ‘Power’ than the medieval kingdoms. Today, power is derived from coal, petroleum, and biofuels instead of the King’s exalted office. The economies that ensure a steady and sufficient supply of energy for their citizens and governmental machinery are the ones that have Energy Security. Today, Energy Security […]