Neo 3.0 is going to be launched as a new blockchain network and users will need to swap their existing tokens for new ones, according to an official announcement shared with Cointelegraph on April 29. The Chinese platform’s co-founder and core developer Erik Zhang has said the new chain, which is coming from a new genesis block, is necessary because several architectural improvements to Neo’s performance and stability are not compatible with its current blockchain. According to the platform, all data and transaction records will migrate to Neo 3.0, and concurrent development branches will be in place before the mainnet’s …
This article has been updated to reflect that Algorand is not planning an ERC-20 token sale. Digital currency and transaction platform Algorand has refused to endorse an attempt by cryptocurrency exchange Bgogo to sell its unreleased tokens, executives confirmed on social media on April 8. Algorand issued a formal warning about the plans, which Bgogo has since confirmed are genuine in a blog post. Known as an “initial exchange offering” (IEO), the Algorand event notionally allows Bgogo traders to purchase exposure to the platform’s token, despite the fact that it does not yet exist. Bgogo will set an arbitrary price …
Predictive analytics firm Endor has launched a blockchain-powered tool allowing businesses and cryptocurrency holders to ask and answer questions based on big data. The company confirmed the launch in a press release provided to Cointelegraph on April 4. Endor, founded by two MIT researchers, has offered enterprise prediction solutions since 2014. Today’s announcement reports on the newly added Endor Protocol, which will leverage artificial intelligence (AI) to analyze data sets. In addition to business strategy, the protocol will also be able to offer insights into areas such as ERC-20 token performance, executives say, including likely price and volume behavior. The …
Blockchain security firm and wallet service BitGo has announced support for Blockchain Capital’s ERC-20 token, according to a press release shared with Cointelegraph on March 19. Blockchain Capital’s BCAP token is a security token based on the Ethereum (ETH) blockchain that was launched in a $10 million initial coin offering (ICO) back in April 2017. According to the press release, BCAP represents the world’s first security token that was sold in an ICO. According to the recent BitGo announcement, BitGo users will now be able to hold their BCAP assets using BitGo Trust Company, a qualified and regulated custodian that …
Huobi Global crypto exchange has launched support for the Ethereum (ETH) blockchain-based version of USD-pegged stablecoin, Tether (USDT), according to a press release published on Feb. 27. Starting today, Huobi will offer deposit and withdrawal services for major stablecoin Tether in both its original Bitcoin (BTC)-based Omni Layer Protocol and its more recently launched ERC-20 token form, which is built on the Ethereum blockchain. Launched in 2014, Tether aims to allow users to trade and transact traditional fiat currencies on the blockchain. Tether has two tokens, USDT and EURT, purportedly pegged 1:1 to fiat currencies, USD and the euro, respectively. …
South Korean crypto company Enjin Wallet has reportedly been appointed by Samsung to back a blockchain wallet in its new Galaxy S10 smartphone, anonymous sources told Asia Crypto Today on Monday, Feb. 25. The anonymous interlocutors provided an image to the outlet that was purportedly posted by Tworld — Korea’s second largest telecom company. The screenshot shows the Enjin wallet being used in the Galaxy S10 for Ethereum (ETH) transactions. The image also features Enjin coin (ENJ) and Basic Attention Token (BAT) — an Ethereum-based token used in digital advertising. Enjin Wallet reportedly used in Samsung blockchain keystore. Source: asiacryptotoday.com …
The Enterprise Ethereum Alliance (EEA), global blockchain community with over 500 members, will launch a “token task force” in 2019, EEA confirmed to Cointelegraph in correspondence on Feb. 13. The executive director of the EEA, Ron Resnick, said that the task force is still at the design stage and is scheduled to launch in the first half of this year. “We are creating a token task force; we will do that first half of this year,” Resnick stated, adding: “It’s going to be focused on support for fungible ERC-20 and non-fungible, ERC-721 tokens.” Resnick hopes that the new initiative will …
A new blockchain platform believes it is a “more attractive and accessible destination” for hosting tokens than the likes of Ethereum’s ERC20 platform, as it gives developers the support they need to build, market and launch custom tokens successfully. LindaX says it wants give entrepreneurs an opportunity to sculpt “absolutely unique tokens with exclusive features for designated transactions” – all the while helping them to “navigate the unfamiliar environment of cryptocurrency.” According to its white paper, the startup’s team would be on hand to help fledgling businesses forge connections with exchanges who can list their token, and offer strategies that …
A startup is aiming to attract social networks, gaming companies and mobile payment providers through a “full-service platform” that eliminates the headaches associated with using blockchain technology to reach customers. Aerum says its offering is geared towards entrepreneurs and businesses that create DApps (decentralized apps) based on the Ethereum protocol. According to the company, its infrastructure tackles the high transaction costs, lack of scalability and long processing times which have made blockchain an impractical choice for many firms – hampering its progress to become a mainstream force in the global economy. Through its platform, Aerum claims it can offer transactions …
Last week, Bitcoin.com CEO Roger Ver and lead developer Corbin Frasers unveiled a new tool which allows developers to issue tokens on the Bitcoin Cash blockchain, hosted on their publication. “For better or worse, ICOs and CryptoKitties are probably coming to Bitcoin Cash in the near future,” Fraser said half-jokingly, to which Ver optimistically added that “they are probably coming to Bitcoin.com, too,” hinting that his publication might hold an ICO based on new tokens. This became possible with the arrival of the Wormhole protocol, which might challenge the ERC-20 reign in the world of crypto tokens. What are tokens …
On June 21, the WAR FIELD company unveiled its ‘first-person shooter’ game that allows players to win cryptocurrency. Players can use WAR FIELD’s Golder (GLDR) — an ERC-20-compliant, Ethereum-based cryptographic token — to bet on their character’s “life.” Living a gamer’s dream Although monetizing gameplay isn’t a new move, WAR FIELD says the idea is attractive for gamers who are interested in making some extra money. “What could be better than getting paid to play video games? It’s been a gamer’s dream,” says Andrius Mironovskis, founder and CEO of WAR FIELD. “WAR FIELD is not about having the best graphics …