The U.S. SEC has requested that Kik Interactive Inc. provided detailed information about its operations since it released its native token, Kin.
Tokens News
A token is a unit of value that is released by an organization and based on a blockchain, acting as an alternative for tasks when a cryptocurrency is unable to be used. Tokens exist digitally as a distributed record in the register of a blockchain. To understand tokens better, it is important to realize that they are to attract investors in an initial coin offering or ICO. While new Bitcoins are made through mining, new tokens are made by an individual or entity that already has Bitcoins or other kinds of digital money. Everyone can invest in a start-up with a guarantee of getting a share of the income from transactions. So here, tokens work as stock but does not give its owner managing rights in the company. Inside an application, tokens function as an internal currency for buying products and services and they facilitate the investment of fiat money into the cryptocurrency-related projects. Here they perform as debentures with a guarantee of profit in a fixed period of time.
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Malta-based sports blockchain venture Chiliz is launching a cryptocurrency exchange for sports and entertainment tokens.
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Telegram lawsuit update shows the SEC bashing TON’s blockchain development and lack of Gram token use cases.
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The Blockchain Association has filed an amicus curiae brief in response to the litigation against Telegram initiated by the SEC.
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Circle’s CEO, Jeremy Allaire, projected that in the next two or three years the possibility of securitization of assets through tokenization will become more re...
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The Cardano blockchain’s commercial arm, Emurgo, has partnered with the government of Uzbekistan to form a blockchain task force.
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The Foin project has released an official explanation of why its token tanked after the purported price pump.
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Zero-fee futures exchange announces trading competition to onboard new users and to prepare for the mainnet’s launch.
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Brooklyn Nets player Spencer Dinwiddie will launch his tokenized security offering on Monday, Jan. 13, after reportedly settling terms with the NBA.
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by Helen Partz
Telegram will still have to prove that its bank records comply with foreign data privacy laws despite a U.S. court denying a Jan. 2 application by the SEC.
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Fans of Italian professional soccer club Juventus have used blockchain platform Socios to vote on Blur’s Song 2 as the official goal song at home games.
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by Helen Partz
In a new public notice, Telegram stresses that Gram tokens are not investment products, which would mean that they are not under the SEC’s sway.
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ESRI researchers propose that using a blockchain-based “forward trading system” can provide a more effective incentive for the smart management of energy consum...
- New Year Special
Cointelegraph reached out to leaders of the crypto and blockchain space to find out what their New Year’s wish was for the industry.
- Investigation
Looking deeper into Foin price movements and the project’s operations, Cointelegraph discovered a number of red flags for investors’ consideration.
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