Tagged: bancor

April 5, 2021 @ 6:15 pm By Omar Faridi  |  

The team at Bancor (BNT), which serves as a protocol and standard for decentralized exchange networks for the automated conversion of crypto tokens into other tokens, including across blockchains (without requiring an order book or counterparty to facilitate the exchange), reports that the Bancor Vortex… Read More

March 15, 2021 @ 9:03 pm By Omar Faridi  |  

During the past month, the total value locked (TVL) in the Bancor Protocol has more than doubled, surpassing the $1.6 billion mark. Bancor, which serves as a liquidity protocol that enables automated, decentralized exchange, reveals that it managed to break into the top 10 projects… Read More

February 23, 2021 @ 3:51 pm By JD Alois  |  

A New York judge has tossed a lawsuit filed against Bancor, or BProtocol Foundation, that claimed the sale of unregistered securities, according to an Order Granting Motion to Dismiss received by CI. Judge Alvin Hellerstein dismissed the case and the Plaintiff’s offer to re-plead was… Read More

December 16, 2020 @ 10:01 pm By Omar Faridi  |  

Digital asset exchange Coinbase has announced that it has added Aave (AAVE), Bancor (BNT) and Synthetix Network Token (SNX). All three cryptocurrencies are available for trading on the US-based trading platform. The Coinbase team noted that beginning today (December 16, 2020), the exchange will support… Read More

June 11, 2020 @ 6:52 pm By Omar Faridi  |  

San Francisco-based crypto exchange Coinbase says it will continue to explore and consider adding support for new digital assets. The exchange says it aims to offer support for all crypto-assets that meet its technical requirements and standards and which also adhere to applicable laws. The… Read More

April 6, 2020 @ 1:06 pm By JD Alois  |  

Two law firms, Roche Cyrulnik Freedman and Selendy & Gay, have jointly filed 11 class actions against well-known crypto exchanges. The lawsuits also include accusations of “manipulative conduct” by Bitmex. The allegations were filed in the Southern District of New York against four crypto exchanges… Read More

February 7, 2020 @ 8:15 am By Omar Faridi  |  

Nearly $1 billion is now locked up into the evolving decentralized finance (DeFi) ecosystem, according to data site DeFi Pulse. The site tracks major Ethereum-based lending protocols including Maker, a projected managed by the Maker Foundation, a non-profit organization that supports the MakerDAO initiative, which… Read More

July 13, 2018 @ 3:00 pm By Samantha Hurst  |  

Following a security breach that caused roughly $23.5 million worth of cryptocurrency to be stolen, Bancor announced its decentralized liquidity network was back online. As previously reported, a wallet used to upgrade some smart contacts was compromised. Bancor reported that the compromised wallet was then… Read More

July 10, 2018 @ 12:55 pm By Samantha Hurst  |  

Bancor, a decentralized liquidity network, announced on Monday it experienced a security breach. Although details about the breach are currently being investigated, Bancor released an update about the facts the network has so far. According to Bancor, a wallet used to upgrade some smart contacts was… Read More

April 11, 2018 @ 10:00 pm By Cali Haan  |  

Swiss firm Sirin Labs has plans to release a cell phone built especially for cryptocurrency users. “The Finney” Android phone will offer more secure storage of cryptocurrencies and the dApps (decentralized applications) they support. (dApps are computer apps built on decentralized cryptocurrency blockchains governed by… Read More

March 27, 2018 @ 12:44 pm By JD Alois  |  

Bancor, a company that launched one of the largest initial coin offerings (ICOs) of 2017, has sent an email out to its community notifying users of a phishing scam In June of 2017, the Bancor Foundation raised more than $153 million in its ICO. The “Token Generation… Read More

March 8, 2018 @ 9:12 am By JD Alois  |  

XinFin Fintech Pte. Ltd, a Singapore-based Blockchain platform targeting global trade and finance, has integrated with the Bancor Protocol to provide continuous liquidity for the XinFin platform. XinFin says it has developed a sca​lable, secure, permissioned and commercial grade hybrid Blockchain architecture by forking JP Morgan’s Quorum. The… Read More

October 26, 2017 @ 11:10 pm By JD Alois  |  

The US Securities and Exchange Commission (SEC) pumped their regulatory brakes on Initial Coin Offerings (ICOs) earlier this year. Pointing to the DAO debacle, the Feds said if a tokenized offering is a security it will be regulated, end of story. This  statement was a long… Read More

September 29, 2017 @ 5:24 pm By JD Alois  |  

BitClave has announced a new partnership with Bancor to use Smart Tokens across the BitClave Active Search Ecosystem (BASE). BitClave reports it has joined the Bancor network and will become a member of its protocol family. The Consumer Activity Token (CAT) will be using the… Read More

August 30, 2017 @ 9:03 am By JD Alois  |  

KickCity, a multi-platform event and ticketing site, is preparing for an Initial Coin Offering (ICO). The company hopes to raise over $7 million to help fund a new vertical in their portfolio: KICK – a decentralized, transparent and reward-based event token. The Y-Combinator grad says its… Read More

July 18, 2017 @ 1:50 pm By Victoria Silchenko, Ph.D.  |  

This article is my attempt at providing a definitive guide to the complex, and so far, self-regulated, landscape of ICOs. Warning: mature content. What on Earth is ICO? Just as how in the ancient movie “Eyes Wide Shut” the password “fidelio” gave access to a… Read More

June 27, 2017 @ 5:29 pm By JD Alois  |  

Earlier this month, Bancor Foundation raised more than $153 million in a “crowdsale” in what may be considered the largest crowdfunding campaign in history. This “Token Generation Event” or TGE saw 10,855 buyers step in for a total of 79,323,978 Bancor network tokens (BNTs) created with… Read More

June 22, 2017 @ 8:11 am By Jonathan Nieh  |  

Ether, the cryptocurrency which runs the Ethereum blockchain network, fell over 10% the last couple days which was caused by a backlog of network orders from recent Initial Coin Offerings (ICOs). The cryptocoin had reached a high of over $400 a coin earlier this month… Read More

June 21, 2017 @ 1:32 am By Jonathan Nieh  |  

Last week, Bancor, a blockchain startup aiming to be the standard for smart tokens, held an Initial Coin Offering (ICO) which raised over $144 million in a few hours. A recent post on Hacking, Distributed claims that Bancor’s ICO was flawed and there were a… Read More

June 5, 2017 @ 4:47 pm By JD Alois  |  

Bancor Protocol allows anyone the ability to create a digital currency on the Blockchain protocol. No technical skills necessary. Think User Generated Currency (as they describe it). Bancor makes it easy to create and manage a “crowdsale” too. Galia Benartzi from Bancor recently pitched the company… Read More