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Token Launches From Ethereum to Telegram: Where Do We Go From Here?

In February, United States Securities and Exchange Commission Commissioner Hester Peirce was asked to give her opinion on the SEC’s case against Telegram. She declined to comment at the time, as SEC officials do not speak publicly about ongoing enforcement actions. In late July, however, with the Telegram case settled, Commissioner Peirce gave a speech titled “Not Braking and Breaking” that pointedly questioned the approach taken by the SEC in the Telegram case. Concluding her remarks, Commissioner Peirce asked:“Who did we protect by bringing this action? The initial purchasers, who

Stocks Continue to Rally While Digital Assets Take a Breather

The idea of the tooth fairy never made much sense to me. I don’t like the idea of presenting fiction as fact, especially to my children. My wife, on the other hand, is quite into it. For one thing, the economics are all messed up. Supposing there’s some kind of business or even a nonprofit, how does the Tooth Organization sustain the kind of overhead involved when every transaction results in a loss? The other thing is the timing, which almost never adds up. While you might be able to

South Korean Beachgoers Can Now Use Bitcoin to Pay for Services

A pilot project run by Bitbeat-affiliate company CIC Enterprise wants to provide crypto payment solutions at two of the busiest beaches of the country for tourists to use.According to ZDNet Korea, the firm partnered with card and cash payments provider Innotech for the token-powered payments solution in the Haeundae Beach System on the beaches of Busan in South Korea famous with tourists.The program will allow people to pay for water sports-related activities, life jackets, and even parasol rentals, among others, with Bitcoin (BTC), Ethereum (ETH), along with MCI and WAY

Real Estate Blockchain Firm Ubitquity to Build Tokenized Title Platform

Real estate blockchain platform developer Ubitquity will build a platform for creating tokenized property titles with Rainier Title, a news report said. The platform will also log records of conveyance for the Washington-based Rainier Title. It will integrate with the conveyance suite Qualia. Rainier Title is currently in the process of migrating to Qualia. Tokens created through the platform represent a client’s property so title owners have more opportunities to develop new value like a fractionalized ownership investment in the real estate. Ubitquity said in a statement that having tokens represent a

TikTok Ban: The Beginning of a New Age in Social Networks?

President Donald Trump has signed an executive order that forbids American companies to transact with Tencent and Bytedance. The ban comes after a long debate involving alleged data mining from apps like WeChat and TikTok. Following the ban, Tencent shares fell 5%. American companies will effectively have 45 days to stop transacting with these companies. The ban is sparking worldwide debate regarding the boundaries of national security. Is this an opportunity for decentralized social media platforms to step up? Tencent and the Yuan Plummet The announcement was immediately felt on

Celebrating The History And Spirit Of Bitcoin Independence Day

This article originally appeared in our Weekly Bits newsletter. If you want our news and analysis before anyone else, make sure you subscribe now! In my view, Bitcoin Independence Day is a holiday that says a lot about the BTC community. Its origins are highly technical and difficult to understand, the “independence” it celebrates refers to the developer community overcoming interests from industrialized miners and, ultimately, it’s a chance for Bitcoiners to reflect on the young history of the technology and engage in debate. To celebrate, Bitcoin Magazine hosted a day

dYdX Full Guide: A DeFi Margin DEX

DeFi protocol dYdX might seem like another trading and lending platform based on Ethereum, but that’ only the tip of the iceberg. Probing further, you’ll find out that this protocol is challenging the status quo to take Decentralized Finance to new heights. Margin trading, derivatives, and options are the relevant tools that power traders use. Unfortunately, in the crypto space, these tools are mostly available only on centralized exchanges like Binance, Huobi, and Kraken. With dYdX, the entire traditional trading spectacle is now built in a permissionless and decentralized mechanism. Table

Bitcoin Black Friday 2020 Will Host Major Discounts For BTC Payments

Before Bitcoin was a movement, it was a digital currency. While the store-of-value aspect of Bitcoin gets highlighted often, the permissionless payments side often doesn’t receive the attention it deserves. In 2012, Jon Holmquist embraced the Black Friday holiday in order to help Bitcoiners showcase the advantages of their favorite technology, launching BitcoinBlackFriday.com and hacking a mainstream cultural moment into a tool for Bitcoin adoption. In years past, thousands of merchants have participated in Bitcoin Black Friday, offering special discounts for those willing to pay in BTC. P2P marketplaces have

BitBlockBoom Is Bringing Bitcoiners Back Together

Gary Leland is hosting the third installment of the BitBlockBoom conference in Dallas, Texas on August 29, 2020. But this year’s event is decidedly different: this is set to be the first well-attended, in-person Bitcoin event held in the United States since the Covid-19 outbreak began. Because of the unique situation he’s in, Bitcoin Magazine wanted to check in with Gary and understand more about the preparations he’s making to ensure that BitBlockBoom is both a successful and safe event for everyone attending. Flip: I think you’re the first well-known