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Akon’s Akoin Will be Listed on Bittrex

23 Oct 2020 1 minute read 3 comments Abhimanyu Krishnan

Musician and entertainer Akon’s cryptocurrency Akoin will see its first exchange listing on Bittrex, the company announced via a press release shared with CryptoSlate on October 22. Bittrex will list Akoin on November 11 Akoin is based on the Stella...

Filecoin Miners Get Their Rewards

23 Oct 2020 1 minute read 1 comment Abhimanyu Krishnan

The Filecoin network underwent an upgrade on October 22, which granted miners an immediate reward, alleviating some of their concerns about the network’s mining incentivization model FIP-004 of the Lotus 1.10 upgrade was activated at block height 17...

PayPal Might Be Buying Crypto Firms

23 Oct 2020 1 minute read 0 comments Abhimanyu Krishnan

Bloomberg reported on October 23 that Paypal is considering buying custodian BitGo, among other industry entities. Bloomberg’s sources told the outlet that Paypal was considering buying multiple companies, with BitGo being the most prominent company...

CasperLabs Raises $14M in Private Sale

22 Oct 2020 1 minute read 7 comments Abhimanyu Krishnan

Smart contract platform CasperLabs announced on October 21 that it had raised $14 million in a private sale.  The $14 million private sale was led by crypto fund Digital Strategies, with other investors including HashKey Capital, RockTree Capital, S...

PayPal to Support Cryptocurrency Payments from 2021

22 Oct 2020 1 minute read 2 comments Abhimanyu Krishnan

Online payments platform PayPal announced on October 21 that it would begin allowing users to buy, sell, and hold cryptocurrency in the next few weeks.  PayPal has partnered with Paxos for this service, a development first rumored to have happened in...

Protocol Labs and ConsenSys Partner to Integrate Filecoin into Ethereum

22 Oct 2020 1 minute read 0 comments Abhimanyu Krishnan

Filecoin (FIL) developer Protocols Labs and Ethereum development company ConsenSys have announced a partnership that will see Filecoin integrated into the Ethereum (ETH) network, according to a press release published on October 21. Protocol Labs an...

Wrapped Zcash Soon Launches on Ethereum

22 Oct 2020 1 minute read 2 comments Abhimanyu Krishnan

Privacy coin Zcash (ZEC) will soon have a tokenized form on the Ethereum blockchain as securities-focused company Tokensoft and institutional custodian Anchorage announced on October 21 that it would design Wrapped Zcash (WZEC). Anchorage and Tokens...

Yet Another Company Puts Their Reserves into Bitcoin

21 Oct 2020 1 minute read 17 comments Abhimanyu Krishnan

According to a press release published on October 21, UK-based company Mode Global Holdings has invested 10% of its cash reserves into Bitcoin, mirroring moves made by other companies in recent months. Mode Global Holdings invested 10% of its cash r...

Bancor's 2.1 Update is a Huge Milestone for AMMs

21 Oct 2020 1 minute read 0 comments Abhimanyu Krishnan

On October 18, Bancor Network (BNT) launched its 2.1 update on the mainnet, bringing with it some major features including an Automated Market Maker (AMM) and a new governance token.  The Bancor 2.1 upgrade introduces a single-sided AMM with an elas...

Kik Ends Lawsuit with $5M Settlement

21 Oct 2020 1 minute read 1 comment Abhimanyu Krishnan

Kik has ended a lawsuit with the United States Securities and Exchange Commission (SEC), having paid $5 million to settle the case, according to court documents published on October 20. The two parties have “reached agreement on a proposed judgment”...