Month: March 2020

Tron Launches Djed, a Platform That Looks Suspiciously Like MakerDAO

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On March 28, Tron (TRX) founder Justin Sun tweeted to announce the release of Djed, a system for collateralized loans he described as “something new.” The platform was immediately criticized as many see it as a plagiarized version of MakerDAO (MKR). Sun teased the launch on Jan. 16 when Sun let his fans choose the name of a planned decentralized stablecoin that was initially to be backed by TRX and BitTorrent Token (BTT). Self-described TRX whale and Tron fan Mike McCarthy was the one who proposed the name Djed, just…

Bitcoin Price Pumps $600 to CME Gap, But $6.6K May Be End for Bulls

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The price of Bitcoin (BTC) retraced to $5,800 during the weekend, which left the markets with an open CME gap between $5,900 and $6,620. Aside from that, buyers have stepped in at the $5,850 level, leading to a $600 rise in the price on Monday. However, is the correction over or is the market range-bound? Crypto market daily performance. Source: Coin360 Bitcoin finds support at the $5,850 level The bearish scenario showed the movements in the previous article, which stated the support levels at $5,800 as significant levels to be…

University of Malta Students Develop and Use Blockchain Voting Application

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Sharing is caring! Master students in Blockchain and Distributed Ledger Technologies at the University of Malta have designed, built, and used decentralised blockchain app developed to vote for their student representatives. According to the Times of Malta: “At this time especially, given the current situation, it was important to have a remote voting mechanism in place that enables trust and transparency thanks to the Blockchain-based solution. The main challenge to achieve this is onboarding users in a trusted manner – and digital identity platforms such as that provided by Vodafone…

CasperLabs & BitMax.io Conduct First-Ever Exchange Validator Offering (“EVO”) to Promote Decentralization and Provide Access to Retail Token Buyers

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CasperLabs, a Switzerland-based development company, constructing a high-performance blockchain network that implements the Correct-by-Construction (“CBC”) Casper Proof-of-Stake blockchain protocol, has announced a collaboration with BitMax.io, a Singapore registered digital asset trading platform, to facilitate an exchange validator offering (“EVO”) through which BitMax.io will provide technology support to give its users exclusive access to participate in CasperLabs’ private validator token offering. The collaboration between CasperLabs and BitMax.io represents a unique go-to-market approach for high-caliber blockchain projects which have historically restricted access to seed and private token sales to a selective niche…

Japan’s Nomura Securities and BOOSTRY Issue First Blockchain Digital Bond Offering

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Sharing is caring! Nomura Securities (NS) joined the Nomura Research Institute (NRI) and BOOSTRY have joined up in a venture to create Japan’s first digital asset bond and digital bond to use value co-creation to help develop the countries’ capital markets, along with solving social issues.  The digital asset bond was offered directly to investors by NRI, while NS served as the underwriter, Nomura Trust and Banking (NTB) acted as fiscal agent, while BOOSTRY provided its blockchain platform “ibet” and acted as register agent. The platform allows issuers to keep…

Japan’s Nomura Securities and BOOSTRY Issue First Blockchain Digital Bond Offering

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Sharing is caring! Nomura Securities (NS) joined the Nomura Research Institute (NRI) and BOOSTRY have joined up in a venture to create Japan’s first digital asset bond and digital bond to use value co-creation to help develop the countries’ capital markets, along with solving social issues.  The digital asset bond was offered directly to investors by NRI, while NS served as the underwriter, Nomura Trust and Banking (NTB) acted as fiscal agent, while BOOSTRY provided its blockchain platform “ibet” and acted as register agent. The platform allows issuers to keep…

Celsius Partners With Chainlink to Decentralize Price Data

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Today, March 30, Celsius Network (CEL) begins using Chainlink’s (LINK) price data feed oracles while offering treasury management servicec to the oracle platform. The CEO and founder of Celsius, Alex Mashinsky, told Cointelegraph about the rationale behind the partnership: “Celsius wants to be more transparent and more decentralized and that is the main driver for partnering with Chainlink.” The partnership will begin with Celsius using Chailink’s crypto price oracles, after which Celsius will move transactions on-chain for greater transparency.  Celsius will provide treasury service to Chainlink, managing “several million dollars” worth…

Opera Rolls out Update and Expansion of its Cryptocurrency-Friendly Browser Blockchain Architecture

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Sharing is caring! Norwegian company Opera, the first browser to introduce Web 3 capabilities and a built-in cryptocurrency wallet across its mobile and computer browsers, is adding several new features using blockchain. The updated Opera blockchain browser does not only have a built-in crypto wallet for its Web 3 mobile and computer users, but it is also adding more features due to partnerships with Wyre and Unstoppable Domains which grease the wheels of the cryptocurrency experience on the browser. It’s also expanding the service. Opera now supports seamless crypto top-ups…

Crypto ‘Dutch Auctions’ Show Promise After $1.76M Offering Sells Out

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On March 24, United States-based blockchain company Solana successfully sold all of its tokens via a “Launch Auction” hosted by crypto fundraising firm CoinList. Solana raised $1.76 million from 445 bids placed from 91 different companies. 8 million SOL tokens were distributed at $0.22 each. 1,416 prospective investors had registered to participate. CoinList’s Launch Auction token issuance model comprises a “Dutch auction” — where the bidding for a token begins at an initial price ceiling which is dropped by a fixed amount periodically.  Investors bid for the number of tokens…

Hong Kong Bank Partners with Aegis to Focus On Asset Digitalization Using Blockchain Technology

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Sharing is caring! CTBC Bank in Hong Kong has cut a deal with San Francisco-based Aegis Custody to expand its digital financial asset business, launching bundle factoring, REITs and equity investment in special asset digitalization (security tokens) to tap into channels for cash flow and support diversification of the banking sector. Founder and CEO Serra Wei of Aegis said: “A stable cash flow is essential for big enterprises. They will be able to access a stable cash flow after the digital digitalization of traditional assets. This is indeed the practical…