BTT Token Coming Soon | First Step in Supporting Decentralized Internet

On Thursday, January 3rd, BitTorrent, Inc. said that it plans to launch a crypto token, called the BitTorrent token (BTT). While many have done something similar, CEO Justin Sun described the BTT token as having a competitive edge. BTT Token Coming Soon According to Sun, the BTT token is “the first in a series of steps to support a decentralized internet.” For the most part, the BitTorrent token will be used to achieve quicker download speeds. It can be bought, sold, and traded. Speaking further on the matter, Sun said…

Token Refreshes – The Coinbase Blog

Every time we log into an app using our Facebook or Google account, we rely on the authentication protocol OAuth. As developers, we frequently have to work with APIs that use OAuth as their authentication mechanism. The Coinbase App uses OAuth to authenticate users so they can buy and sell digital currencies with the Coinbase API. “Highly accurate depiction of OAuth authentication” After receiving a token, apps typically persist it and apply it to each request that requires authentication. In the Coinbase Android app, we do this using an Interceptor.…

Aion Token Project Estimates 18-Month Runway After Bitcoin and Ether Sales

Cash is king – especially during a crypto winter. That’s the takeaway from a report out Wednesday from the Aion Foundation, which raised $23 million worth of bitcoin and ether through a token sale in October 2017. Compiled with the help of Deloitte, though not formally audited by the Big Four accounting firm, the report details how Aion has been managing its crypto war chest, providing a rare level of transparency for a token project. According to Aion Foundation CEO Matt Spoke, the foundation has sold off half of the…

Kik Selects Stellar Over Ethereum for Token Launch

Messenger app maker Kik is quitting ethereum for good as it continues to develop its cryptocurrency, dubbed kin. Launched on ethereum early in the ICO boom, Kik has now announced that it will close kin’s atomic swap with ethereum. Without specifying a date, the Kin Ecosystem Foundation said Wednesday that it would soon release a tool for kin holdings off of ethereum. Kik’s token has had several homes in its short life. The company raised just shy of $100 million in crypto during a September 2017 initial coin offering. By November,…

Expect the SEC to Target More Token Exchanges After EtherDelta

The Securities and Exchange Commission’s (SEC) settlement with the founder of EtherDelta is likely the first of many enforcement actions to come against crypto token exchanges. Until recently, the SEC’s scrutiny of the cryptocurrency industry largely focused on projects and teams that raised money through initial coin offerings (ICOs) in possible violation of securities laws. But a person familiar with the SEC’s thinking told CoinDesk Thursday that crypto trading platforms have become a significant priority for the agency’s enforcement division. As such, the news that the SEC had charged EtherDelta founder Zachary…

Coinbase Users Can Now Buy and Sell Brave’s Basic Attention Token

Crypto exchange Coinbase is adding web browser Brave’s Basic Attention Token (BAT) to its retail trading platform, less than a week after listing it on Coinbase Pro. The exchange announced Thursday that customers would be able to buy, sell, trade or otherwise transact with the token on coinbase.com, as well as its Android and iOS apps. Coinbase first said it was supporting the token on its professional trader platform Friday, making BAT the second ERC-20 token to be listed by the company, after 0x. That being said, not all customers…

JRR Crypto Launches Token Design Competition

In a collaboration with LongHash and BTC Inc, JRR Crypto has launched an international token design competition. Beginning on October 26, 2018, JRR Crypto launched this design competition at a multiday festival in Berlin. According to the group, it’s designed to address one of the fundamental issues that the development of decentralized projects faces today. “JRR observed that most blockchain projects that design a pass-through mechanism are too focused on fundraising rather than actual economic model building and the landing of business models,” according to a translated description of the…

Stablecoin? USD-Backed Crypto Token Tether Falls 5% [Again]

Twitter Facebook LinkedIn Tether, or USDT, is supposed to remain “tethered” to the US Dollar, as its name implies. That’s its whole purpose as a token: it exists on exchanges as a way for traders get their profits to safety, in a sense, so they have some idea of the real fiat value of their portfolio. It was originally created by Brock Pierce, former actor and current crypto entrepreneur, and some other venture capitalists and first launched on major fiat-crypto exchange Bitfinex. At present, it is used on nearly every…

Coinbase Is Officially Adding Support for Basic Attention Token (BAT)

On November 2, 2018, Coinbase announced that it would be integrating support for Basic Attention Token (BAT), an ERC-20 token that is designed to work out-of-the-box with the privacy-centric Brave Browser, on CoinbasePro. BAT will initially trade against USD Coin (USDC), a stablecoin that Coinbase developed with Circle Ltd. and recently added to its platforms. The new offering is not available on Coinbase’s primary platform, and the company said it would make a separate announcement when this occurs. The offering is being integrated on Coinbase Pro in the following order…

Coinbase Token Attracts Capital But PAX Leads Trading

Twitter Facebook LinkedIn It’s now been nearly two months since Winklevoss-led cryptocurrency exchange Gemini fired the first shot in the stablecoin wars through the launch of its USD-pegged crypto token, the eponymous Gemini Dollar. That same day, Paxos — like Gemini an NYDFS-regulated firm — made a similar announcement, and before long, crypto unicorns Circle and Coinbase revealed that they had partnered to co-issue a consortium-led, fiat-backed token, USD Coin. These three tokens, along with fellow “regulated” stablecoin TrueUSD (TUSD), which launched earlier in the year, have collectively attracted more…