OKEx Jumpstart Lists ROAD for its 9th Token Sale, Went Live on November 14, 2019

OKEx, the leading global cryptocurrency platform through its OKEx Jumpstart initiative is in the process of extending its support to ROAD – a “Distributed Internet of Vehicles” economic system through its 9th token sale, set to go live on November 14, 2019. During the token sale event, the ROAD platform’s namesake ROAD tokens will be made available to the OKEx community, followed by spot trading support. ROAD is a blockchain technology-based auto ledger solution that covers full life-cycle interaction and accounting systems for automobiles. The auto ledger is an internet-of-vehicles…

Elixxir Announces Its New Privacy-Minded Token, the XX Coin

In a fireside chat with Cointelegraph Executive Editor Jay Cassano at BlockShow Asia 2019, Elixxir President Jim Dolbear announced the launch of xx coin, a digital currency that will support decentralized messaging, payments, and dApps on the associated xx network. “The way this all unfolded originally had to do with privacy associated with political expression. Who are you talking to, what are you reading?” said Dolbear. “We’re trying to allow people to control their own metadata.” In a press release shared with Cointelegraph on the same day, digital money pioneer…

BaFin Orders Gold-Backed Token Issuer and Alleged Ponzi Scheme to Cease-and-Desist

The German Federal Financial Supervisory Authority (BaFin) has issued a cease and desist order to Karatbit Foundation to immediately stop unauthorized business in Germany.  BaFin alleges that Karatbit Foundation is issuing the KaratGoldCoin (KBC) without the necessary license, according to a Nov. 11 announcement. Karatbit describes itself as a provider of a blockchain-based payment system that enables users to conduct transactions with gold, as well as trade gold with cryptocurrencies. The company claims that over 500,000 acceptance points around the world and ten crypto exchanges support trading of gold and…

Universal Protocol Alliance to List Mega-Utility Token on Bitcoin.com Exchange

In addition to listing the Universal Protocol Alliance’s mega-utility token, Bitcoin.com Exchange will also list the group’s stablecoins, as well as support interoperability between the Ethereum protocol and the Simple Ledger protocol. Also Read: Cred Merchant Solutions to Help Unbanked Business Sectors Bitcoin.com Exchange to List Mega-Utility Token It was announced today that Bitcoin.com Exchange will provide an initial exchange listing to support an interoperable mega-utility token backed by the Universal Protocol Alliance, the Universal Protocol Token (UPT). The new token is expected to be on listed Nov. 20, 2019,…

Manny Pacquiao Token to Launch in IEO on GCOX Exchange

Filipino boxing champion Manny Pacquiao made international news headlines recently when he announced he was issuing his own cryptocurrency, the PAC token. Now, the PAC token is following the 2019 crypto crowdfunding trend by engaging in an initial exchange offering (IEO), courtesy of Singaporean exchange GCOX. The sale will open on November 12. Pacquiao initially declared his intentions to release a digital token at a free concert for fans in Manila during early September. In between serenading his fans with love songs, the boxer informed them that they could soon…

Boxing Legend Manny Pacquiao’s PAC Token Set for IEO on Nov. 12

Boxing legend and Phillipino politician Manny Pacquiao’s PAC token will become available for purchase on the Singapore-based GCOX crypto exchange through an initial exchange offering on Nov. 12, according to a press release shared with Cointelegraph. The PAC token was first launched at the start of September this year, and its main purpose is to facilitate the purchase of merchandise and social media interactions with the Philippines-born current welterweight champion. According to previous reports, the token’s launch was backed and supported by Sheikh Khaled bin Zayed al-Nahyan, a member of…

Crypto Exchange Bitfinex Cancels the K.im Token Sale Over Regulatory Issues

The infamous cryptocurrency exchange and trading platform Bitfinex has announced on November 5 that it has halted the sale of K.im token on its Bitfinex Token Sale platform for an uncertain period of time due to regulatory issues. Bitfinex further affirmed that the developer of K.im will keep users notify about the token sale once the K.im platform will be fully functional and that everything that surrounds it will comply with current regulations. K.im might choose the route of equity-based offering for the investors who were planning to take a…

Following a $72 Million Token Sale, Nervos to Launch Its ‘Lina’ Mainnet

Nervos Network, an open-source public blockchain project, has announced the launch of its mainnet dubbed “Lina.” In an announcement on Nov. 6, the Chinese blockchain network founded by the creators of Spark Pool, the largest Ether (ETH) mining pool, stated that its mainnet is now fully developed, so miners and developers will be able to utilize the network starting Nov. 16. Nervos Network opened its token sale via CoinList on Oct. 16, and has since raised $72 million, exceeding its initial goal of $67.2 million. Nervos sold 21.5% of the…

Bitfinex Postpones Kimcoin’s Token Sale Until Further Notice

Bitfinex postponed the sale of Kimcoin indefinitely. The regulatory framework in the industry is affecting initial exchange offerings. Kim Dotcom tried to avoid countries within the U.S. jurisdiction. Bitfinex, a Hong Kong-based cryptocurrency exchange, announced its decision to postpone the initial exchange offering (IEO) of Kimcoin, the native cryptocurrency of the content monetization platform K.im. Halting Kimcoin Token Sale On Nov 5, Bitfinex revealed in a blog post that the first IEO on the rebranded platform Bitfienx Token Sales, formerly known as Tokinex, would not take place. The decision was…

Bitfinex Postpones Kimcoin’s Token Sale Until Further Notice

Bitfinex postponed the sale of Kimcoin indefinitely. The regulatory framework in the industry is affecting initial exchange offerings. Kim Dotcom tried to avoid countries within the U.S. jurisdiction. Bitfinex, a Hong Kong-based cryptocurrency exchange, announced its decision to postpone the initial exchange offering (IEO) of Kimcoin, the native cryptocurrency of the content monetization platform K.im. Halting Kimcoin Token Sale On Nov 5, Bitfinex revealed in a blog post that the first IEO on the rebranded platform Bitfienx Token Sales, formerly known as Tokinex, would not take place. The decision was…