Tokens

MakerDAO Proposes New DAI Ceiling After Hitting $100 Million Cap

The MakerDAO loan system, administered by the Maker Foundation, hit its debt ceiling Wednesday with roughly $100 million worth of the stablecoin DAI issued and more than $339 million worth of ethereum locked up as collateral. On Thursday, the Maker Foundation proposed a new debt ceiling of 120 million DAI, which will now be voted on …

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Nasdaq-Powered Security Token Exchange Shutters to Pursue Merger

Just nine months after its launch, the Nasdaq–powered digital trading platform DX.Exchange is temporarily shutting down as it pursues a merger or outright sale. The Estonia-based platform made the announcement on Nov. 3, informing users that “the costs of providing the required level of security, support and technology is not economically feasible on our own.” …

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Security Token Platform Receives Transfer Agent License From SEC

Harbor, the digital platform for alternative assets, has received a transfer agent license from the United States Securities and Exchange Commission (SEC). On Oct. 31, Harbor CEO Joshua Stein told the Block that his blockchain-enabled platform is “now the first blockchain company to receive both a transfer agent license and a broker-dealer license.” Transfer agent …

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Cryptophyl Exchange Reveals Fiat On-Ramp to SLP Token Ecosystem

<header class=”article__header”> </header> <strong>The London-based exchange Cryptophyl is a trading platform focused on the Simple Ledger Protocol (SLP) and bitcoin cash (<a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a>) ecosystem. On October 29, the exchange announced the launch of the first fiat on-ramp to obtain well-known SLP tokens.</strong> Also read: Avalon Mining Rig Maker Canaan Files for …

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Bitcoin.com Joins the Coinex Chain Pre-Election Node Process

<header class=”article__header”> </header> <strong>Trading platform Coinex recently announced the creation of a public decentralized exchange (dex) blockchain that leverages the consensus protocols Tendermint and the Cosmos SDK. This month, up until the mainnet launch, Coinex is in the midst of its pre-election process with new node participants preparing to partner with the Coinex Chain ecosystem. …

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Bank of Lithuania Issues Guidelines on Security Token Offerings

</header> <strong>Recognizing that businesses are seeking alternative ways to raise capital other than bank lending, the Bank of Lithuania has issued new guidelines on security token offerings</strong><strong>. The goal is to clarify applicable rules without introducing more regulations. </strong> Also read: Mario Draghi Leaves European Central Bank Without Ever Raising Interest Rates Guidelines Aiming to …

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Report: Telegram’s TON Investors Vote Against a Refund Amid SEC Probe

Investors in the Telegram Open Network (TON) and $1.7 billion Gram token sale have voted against the return of their funds, Forbes Russia reported on Oct. 23. Two sources close to the Telegram team told reporters that a majority vote — with the inclusion of investors in both rounds of the offering — had agreed …

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Belarusian Bank Gets the Go-Ahead to Service Crypto Investors

</header> <strong>A bank in Belarus has effectively gotten the green light to process transfers related to digital assets. DFS, an affiliated company of Belveb Banking Holding’s member VEB Technologies, was recently registered as a resident of the High Technologies Park. The country’s special economic zone has already become home to many crypto businesses. </strong> Also …

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Bittrex Pulls Out of 31 Markets Citing Regulatory Uncertainty

</header> <strong>Cryptocurrency exchange Bittrex is discontinuing operations in 31 countries, including Venezuela and Zimbabwe. The trading platform has justified its decision on the basis of the regulatory uncertainty in these jurisdictions. Some of the nations in the list are going through political turmoil and socio-economic challenges. </strong> Also read: Russia Blocks 2 Crypto News Websites …

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