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Why Klaytn and Link Will Catalyze Blockchain Adoption in Asia

In the last two years, popular messaging giants in Asia and Europe have announced plans to launch a blockchain-powered cryptocurrency. In Asia, Kakao’s Klaytn and Line’s Link platform have launched and are quickly gaining momentum, but Facebook and Telegram’s cryptocurrencies have not fared so well. Messaging Giants Pushing Blockchain Adoption As it stands, Kakao is by far the most dominant mobile platform in Korea with a market share of 97% in the country. Kakao subsidiary Ground X began development of Klaytn back in 2019, after raising $90 million in both

MCO Price Spikes After Crypto.com Announces Token Merging

The Hong-Kong-based company Crypto.com announced a token swap program on Monday. All MCO token holders have until the 2nd of November 2020 to swap their MCO for CRO. The announcement catalyzed MCO trading volume and caused the price to surge. However, several users note some red flags around the whole merging process. Is this operation legit? Is it possible that there’s been insider trading? The Year of Crypto.com 2020 is proving to be very profitable for Crypto.com. As BeInCrypto reported not long ago, the CRO token has been one of

Blockchair In Blockchain World | Let Us Explore The Explorer In 2020

Table of Contents Rate this post Blockchain technology has the whole new world to explore whether in term of applications, tools, features, compatibility with other technologies and many more. In earlier days, when Bitcoin was launched in 2009, it was considered that Blockchain is meant for the financial system only. But, as the potential of technology was analysed by the various communities, they concluded that Blockchain is meant for exploration. In this article, we will limit our nerves to explore to cryptocurrency. In the crypto marketplace, investors generally keep track

Why This DeFi Exchange is a One Way Ticket for Ethereum’s ERC-20 Tokens?

advertisement Uniswap is a decentralized exchange with a unique mechanism for trading ERC-20 tokens on its platform. Apparently, its the perfect platform for pumping tokens. CryptoGainz, prominent crypto trader tweeted, Advertisement there’s no orderbook to scare buyers or induce selling, only a bullish narrative and sell side liquidity crisisUniswap evaluates the price of a token based on the balance of Ethereum and of the token. On a successful trade or exchange, the value is added in accordance with the Ethereum swapped for the token. Hence, there are no order books

In Legal Battle With US SEC, Telegram Sees New Support From Trade Association

The Blockchain Association, a major United States-based trade association in the crypto sphere, has filed a new brief in support of Telegram amid the firm’s continuing legal battle with the Securities and Exchange Commision (SEC).The amicus brief and the SEC’s lack of clarityThe April 3 brief takes the SEC to task for backtracking on its own guidance for legally distributing digital assets. Referring to the inconsistency that issuers of digital assets must cope with when dealing with the SEC, the brief says that “No settled precedent or agency rulemaking addressed whether

New York Judge Says Telegram Can’t Distribute Grams Outside U.S. Either

A New York judge has ruled that the injunction barring Telegram from issuing its Gram tokens extends to all entities in the United State and overseas.On April 1, U.S. District Judge P. Kevin Castel, responded to the encrypted messaging firm’s request for clarification as to the scope of the court’s March 24 preliminary injunction. He denied Telegram’s move to distribute tokens to the non-US-based participants of its 2018 initial coin offering (ICO).Approximately $1.27 billion of the funds raised to finance the development of the Telegram Open Network (TON) came from