Tag: Token

Thai Stock Exchange Plans to Launch a Token Trading Platform

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The Stock Exchange of Thailand (SET) is looking to capitalize on investor interest in cryptos by offering a new digital assets exchange. According to a report from Bangkok Post on Thursday, the SET is planning to apply for a license from the country’s Ministry of Finance to operate the platform. The move comes as the exchange looks to capture the growing investor demand for cryptos, Pattera Dilokrungthirapop, vice-chairwoman of the SET board of governors, said in the report. The stock exchange will work to have a sound technical system in…

BitTorrent’s Tron-Based BTT Token Integration Will Launch by Summer

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BitTorrent’s system dubbed BitTorrent Speed, which will integrate the Tron-based BTT token into the popular µTorrent Windows client, will launch by summer. The company has confirmed this in a press release shared with Cointelegraph on Jan. 19. BitTorrent Speed will issue cryptocurrency token rewards to users that serve content to others via the µTorrent network. The client’s users — which number more than 100 million, according to BitTorrent — will also be able to pay for faster downloads with the same tokens. The company also announced that to all accounts…

Ex-BitTorrent Exec Says There’s ‘No Way’ Tron Will Manage BitTorrent’s Token

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According to Simon Morris, former chief strategy officer at BitTorrent, Tron will not be able to manage the transaction volume needed to tokenize BitTorrent. Blockchain news website BreakerMag published its interview with Morris on Jan. 11. According to the interview, Morris noted that when he worked at BitTorrent, he and his team discovered that bringing a token and automated auctions to prioritize download queues could increase the speed of the network by up to 40 percent. Nevertheless, Morris reportedly stated that there’s “no way” the Tron blockchain could handle the…

TRON Can’t Handle BitTorrent’s Crypto Token

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Simon Morris, former Chief Strategy Officer at BitTorrent, believes that TRON won’t be able to manage BitTorrent’s high rate of transactions. His statement comes only a few days after TRON announced that it was going to launch BitTorrent crypto tokens on Binance Launchpad. In an interview with blockchain magazine BREAKER, Morris said that the network would likely continue the tokenization process on a different network. I suspect that what they’re really going to do is they’ll do it on some central server, they’ll wave their hands and say, ‘Oh, it’s a…

TRON Can’t Handle BitTorrent’s Crypto Token

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Simon Morris, former Chief Strategy Officer at BitTorrent, believes that TRON won’t be able to manage BitTorrent’s high rate of transactions. His statement comes only a few days after TRON announced that it was going to launch BitTorrent crypto tokens on Binance Launchpad. In an interview with blockchain magazine BREAKER, Morris said that the network would likely continue the tokenization process on a different network. I suspect that what they’re really going to do is they’ll do it on some central server, they’ll wave their hands and say, ‘Oh, it’s a…

Overstock’s Security Token Trading Platform to Give Investors Control Over Token-Holdings

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The security token exchange subsidiary of e-commerce retail giant Overstock, tZero, has started releasing control of its tokens, according to a letter to investors released on Jan. 11. Last August, the subsidiary had announced that its security token offering would close, having raised $134 million out of the maximum amount of $250 million previously specified. In June 2018, tZero had also signed a letter of with investment company GSR Capital for the purchase of $160 million in tZero Security Tokens. According to tZero CEO Saum Noursalehi’s letter, investors now have…

Binance Continues Expanding With New Token Sales on ‘Launchpad’

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Crypto exchange Binance has shown no sign of slowing down during the year-long bear market as it continues to innovate and nurture projects to foster the embryonic industry. Its latest offering is called Launchpad which has been described as a token launch platform which helps blockchain projects raise funds and increase their reach in the crypto ecosystem. The initiative will be surmising one new token launch each month during 2019 according to the official blog post. Projects that meet the criteria will be introduced to Binance’s huge user base which…

BTT Token Coming Soon | First Step in Supporting Decentralized Internet

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On Thursday, January 3rd, BitTorrent, Inc. said that it plans to launch a crypto token, called the BitTorrent token (BTT). While many have done something similar, CEO Justin Sun described the BTT token as having a competitive edge. BTT Token Coming Soon According to Sun, the BTT token is “the first in a series of steps to support a decentralized internet.” For the most part, the BitTorrent token will be used to achieve quicker download speeds. It can be bought, sold, and traded. Speaking further on the matter, Sun said…

BitTorrent Launches Native TRON-Based Token

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Peer-to-peer torrent client BitTorrent has launched a native token, BitTorrent (BTT), based on the TRON protocol, according to a press release shared with Cointelegraph Jan. 3. The token can be exchanged between users to optimize their network speed and attain faster downloads, according to the press release. BitTorrent’s first full-fledged move to begin to tokenize its content sharing ecosystem — which reportedly serves over 100 million users — comes around six months after the company was acquired by decentralized internet startup TRON for an undisclosed amount. BTT tokens, which are…

Binance Launchpad Keeps Faith in Token Sales as Blockchain Industry Matures

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Binance Launchpad Keeps Faith in Token Sales as Blockchain Industry Matures January 3, 2019 by Jon Southurst Binance Launchpad — the platform designed to make token sales more accessible to the public and help raise capital for blockchain startups — is showing faith in the initial coin offering (ICO) market. The popular exchange announced today that it plans to list new token launches almost every month in 2019, starting with BitTorrent and Fetch.AI. Also read: New Year New ETH: Ether Retakes 2nd Place in Crypto Market Cap Swing Subscribe to the Bitsonline…