Messaging Giant LINE Launches $10 Million Token Venture Fund

When evaluating layer-1 (L1) blockchains, many fundamental investors focus on metrics such as price-to-earnings or price-to-sales ratios. While these metrics are important, they ignore the programmable aspect of a blockchain’s token supply. Because a blockchain’s emissions schedule (i.e., when new tokens will enter circulation due to staking rewards and token unlocks) is known, its cost…

news Overstock.com’s long-awaited tZERO security token trading platform will go live by the end of next week, CEO Patrick Byrne said Friday. Byrne told CoinDesk the company is “ready to hit the button and go live today,” but was waiting a few more days to process user signups. “But by the end of the next week…

The U.S. Securities and Exchange Commission’s (SEC) one-two punch of suits against Binance and Coinbase this week hardly came out of the blue. The question of how to regulate crypto exchanges has been at a high simmer for years, and while the specifics of their approach are eminently debatable, the SEC was bound to go…

markets Bullish bets on bitcoin, the world’s largest cryptocurrency by value, reached 11-month highs on Monday, according to the data from the cryptocurrency exchange Bitfinex. The number of long positions on bitcoin’s US dollar-denominated exchange rate (BTC/USD) jumped to 38,237 BTC at 04:10 BTC – the highest level since March 30, 2018 – and were…

A multi-million dollar exploit of stablecoin-focused decentralized exchange (DEX) Curve Finance has traders pivoting toward the rival Uniswap's UNI token.Funding rates in perpetual futures tied to UNI have surged to an annualized 19% in the wake of the exploit, according to data tracked by crypto services provider Matrixport.A positive funding rate means the perpetual contract's…

Base, the layer 2 blockchain developed by Nasdaq-listed crypto exchange Coinbase (COIN), has completed a series of security audits as it prepares to launch its mainnet with the aim of attracting as many as 1 million new crypto users in coming years.Base, which is built on the OP stack in collaboration with Optimism, was announced…

news The U.S. Federal Bureau of Investigation (FBI) is hunting for evidence of insider trading and securities fraud relating to the 2017 blockchain pivot of then-beverage firm Long Island Iced Tea (LTEA). According to a search warrant request, first reported by Quartz, the FBI is seeking to gain access to encrypted messages held on a phone…

Sep 18, 2020 at 15:58 UTCUpdated Sep 18, 2020 at 15:59 UTCBlockchain Bites: Airdrops, Record Volumes, $1B BTC on EthereumThere is now more than $1 billion worth of bitcoin on Ethereum, record-setting transaction volume is boosting Ethereum miners’ revenue and VeChain joins China’s food safety watchdog to build track and trace capabilities.  Top shelfToken reflectionsUniswap’s…

news Blockchain startup Ava Labs is coming out of stealth and starting to open up its blockchain network — backed by a new consensus algorithm — to developers and users. Ava Labs is launching a private testnet of their technology today at Token Summit, one of the many conferences taking place during Blockchain Week NYC.…