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There's Still Money for IEOs; Blockchain Fundraising Will Grow - Binance CEO


Changpeng Zhao. Source: Instagram, Binance Initial Exchange Offering (IEO) are still very much a thing and will thrive in the future, said Changpeng Zhao, CEO of major crypto exchange Binance. "I am still very confident in the IEO market," Zhao said, speaking at the virtual BlockDown 2020...

Facebook's Libra Confirms A New Plan To Please Regulators


In an attempt to ease regulatory concerns, Facebook's Libra just changed its initial plan to issue the multi-currency Libra Coin and now aims to start from single-currency stablecoins, such as LibraUSD, LibraEUR, etc. "This will allow people and businesses in the regions whose local currencies...

Digital Yuan Real-world Tests to Begin in May - Chinese Media Reports


Multiple domestic media outlets are reporting today that China is beginning its first tests for what is set to become the world’s first central bank-issued digital currency, with real-world tests coming in May. Chinese outlets say that the digital yuan, known in China as the DCEP (Digital Currency...

Bitcoin And Altcoins Rally, Ethereum Outperforms Major Coins


Recently, bitcoin price extended its decline below the USD 6,550 support area. However, losses were limited and BTC/USD bounced back sharply after tagging the USD 6,500 area. It is now trading above USD 6,850 and attempting another upside break above the USD 7,200 resistance. Similarly, most major...

Antisemitic Holocaust-themed ERC-20 Token Uncovered


The Holocaust Memorial, Berlin, Germany. Reporters have discovered a website build using the SquareSpace platform courted controversy by offering its users Holocaust-themed token in a World War II genocide-themed coin offering. The project appeared to make light of the Holocaust, which saw Nazi...

Investors Sue The Maker Foundation, MKR Goes up


The Maker Foundation, that supports the MakerDAO (MKR) project, is faced with a proposed class-action lawsuit by investors, which may take more than USD 28 million out of it, but the native token appreciated in the past day. Despite the lawsuit news for the Foundation, the 29th coin by market...

Are these the First Images of China’s Digital Yuan?


Social media users believe they have captured screenshots of a beta version of China’s much-awaited central bank digital currency (CBDC). WeChat users are believed to have gained access to the screenshots on Tuesday this week. Images have since been shared to Twitter in a series of tweets from...

Chainlink Outperforms Top 20 On Strong Volume


Decentralized oracle service Chainlink (LINK) is once again seeing strong performance in the market, outperforming all other major cryptoassets over the past week on surging trading volumes across exchanges. With the broader crypto market seeing negative changes over the past seven days the bullish...

Startup Founder Sells USD 20,000 of Personal Tokens in a 'Human IPO'


A crypto entrepreneur has completed the sale of his personal tokens on the Ethereum (ETH) blockchain, raising over USD 20,000 to invest in his future business endeavors. Alex Masmej is a startup founder in his 20s who launched a for-profit DAO (decentralized autonomous organization) offering loans...

'Same Activity, Same Regulation' For 'Global Stablecoins' - FSB Chair


Cross-border payment inefficiencies will be a problem for the post-pandemic economic recovery of certain regions, says Randal K. Quarles, the Chair of the Financial Stability Board (FSB) in a letter to the G20. But when it comes to a possible solution - "global stablecoins" - oversight...

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