$104,981.00
-0.32%$2,531.06
-0.65%$2.17
0.87%$646.43
-1.08%$145.37
-0.93%$0.999709
-0.01%$0.177592
0.42%$0.269645
-0.34%$2,530.45
-0.74%$0.631889
-0.76%$41.04
0.90%$105,023.00
-0.27%$3,049.95
-0.20%$2.98
-1.52%$433.40
2.10%$13.11
-1.61%$9.06
0.59%$0.258579
-0.22%$19.05
-1.01%$2.96
-1.00%$0.00001215
1.99%$0.999613
-0.03%$0.157898
1.46%$2,532.45
-0.72%$2,706.49
-0.84%$85.89
2.26%$1.00
-0.10%$1.00
0.04%$312.59
-0.23%$3.78
-1.21%$39.09
12.45%$4.55
0.94%$104,978.00
-0.58%$0.00001109
2.26%$0.620742
11.33%$7.28
-2.25%$275.25
-3.43%$1.18
0.02%$368.77
0.40%$51.64
-0.69%$5.59
1.87%$1.00
0.00%$4.50
1.80%$0.091613
0.76%$2.22
-0.61%$16.74
1.97%$0.791515
0.76%$175.88
-0.99%$1.055
0.02%$29.28
3.55%$1.00
0.06%$0.639501
-0.15%$10.37
4.03%$17.02
-0.50%$0.074578
-4.62%$4.45
0.00%$0.0221288
-1.19%$4.13
0.99%$0.087693
10.35%$104,677.00
-1.19%$0.200533
-0.81%$0.29524
-0.22%$3.42
-0.29%$0.675141
1.39%$0.337956
-0.86%$2.43
1.25%$0.984114
0.93%$0.17878
0.45%$105.45
-1.45%$2,531.31
-0.74%$1.00
-0.08%$0.998435
0.00%$4.37
-0.13%$1.00
-0.00%$11.19
-0.26%$1.40
-0.80%$153.60
-0.30%$0.01848715
1.81%$1.83
3.08%$0.411679
0.05%$1.21
-0.21%$1.84
-0.82%$1.20
0.84%$2,881.89
-0.70%$2,649.60
-0.47%$0.00001484
0.96%$11.65
0.64%$0.343791
5.83%$3.65
2.30%$0.600045
2.59%$1.00
-0.01%$0.999376
0.00%$0.059985
-0.71%$0.634006
1.55%$0.999764
-0.01%$0.176718
1.11%$2,705.16
-0.80%$2,653.73
-0.70%$104,701.00
-0.33%$0.15015
-5.76%$0.461781
0.98%$104,776.00
-0.52%$646.38
-1.12%$0.854585
4.40%$2,656.34
-1.01%$3,440.36
0.25%$0.533426
0.63%$3,461.87
0.32%$0.087757
1.20%$107,123.00
0.71%$0.01298015
7.09%$0.597658
-2.80%$2.43
0.55%$0.00007855
1.17%$162.31
-0.85%$0.807693
-0.44%$2,735.95
-0.60%$44.17
-3.83%$189.21
-0.94%$111.43
0.02%$0.704359
0.66%$0.01512483
1.40%$20.31
1.01%$0.999811
-0.02%$1.11
0.04%$1.97
1.06%$0.00000067
0.02%$0.170235
0.40%$0.265208
1.62%$0.01315029
-0.27%$0.46387
-0.05%$31.33
3.65%$41.03
0.98%$0.997623
-0.02%$0.10651
-0.03%$3.75
0.28%$1.97
-1.93%$0.00960461
-1.83%$2.07
-2.12%$0.72054
10.29%$104,386.00
-0.35%$0.567253
1.34%$1.094
0.03%$0.581077
-0.84%$0.998873
0.12%$0.215183
-3.41%$0.352539
0.95%$2,532.53
-0.09%$2,531.15
-0.45%$0.691674
4.61%$105,026.00
0.09%$2,680.79
0.55%$2,705.36
-0.88%$1.49
-0.22%$0.485318
0.06%$2,532.69
-0.73%$8.88
-0.04%$105,004.00
-0.13%$0.264631
0.55%$0.997068
-0.08%$52.66
-0.78%$1.64
0.82%$41.04
0.65%$2.50
0.89%$0.177311
0.09%$0.417383
-2.42%$0.01324686
-1.58%$0.04459046
3.80%$1.001
0.01%$1.41
-1.48%$0.060648
-1.00%$0.59328
12.00%$0.999709
-0.00%$0.429575
2.76%$1.03
3.45%$0.00002074
1.90%$0.346518
-1.16%$0.519922
1.34%$1.09
-0.00%$0.00000041
-0.76%$36.94
-1.77%$0.999868
0.00%$0.404922
-1.15%$0.119563
0.40%$6.10
0.87%$0.04028997
-2.82%$0.978865
-1.59%$5.61
-0.40%$13.93
0.20%$1.26
-0.77%$2,691.51
-0.18%$0.147132
-2.88%$2.34
1.19%$2,529.00
-0.73%$0.074554
0.53%$1.001
-0.24%$0.00400734
-0.41%$0.00366619
-1.33%$0.00629252
0.03%$1.086
0.65%$0.03659777
1.86%$2,791.24
-0.65%$0.0000009
-2.86%$0.139586
-0.95%$1.44
3.04%$0.01803653
-0.66%$0.341159
-1.76%$2,766.68
-0.67%$104,822.00
-0.50%$0.00411074
-4.81%$0.159546
-2.78%$1.22
-0.71%$0.00006064
7.51%$2,532.67
-0.65%$104,694.00
-1.86%$0.776192
-0.04%$0.493519
-2.81%$0.03238619
-0.27%$19.55
0.98%$0.068136
2.21%$0.999057
-0.01%$0.320071
2.61%$0.999841
-0.11%$0.999601
-0.03%$0.00369089
2.37%$158.05
-1.10%$0.01996558
1.69%$0.00582034
1.06%$0.0000015
6.13%$2,529.34
-0.79%$113.36
0.56%$0.200655
-0.62%$19.07
-0.76%$6.95
-0.14%$0.633619
1.34%$1.001
-0.01%$0.627577
-0.90%$0.999915
0.02%$1.018
0.02%$104,761.00
0.24%$0.194849
3.01%$102,870.00
-1.75%$0.274997
6.31%$1.64
0.76%$2,108.41
-0.39%$0.00377289
3.26%$8.82
-0.03%$103,651.00
1.17%Reading
Are IEOs dead? There’s at least one cryptocrypto exchange looking to keep initial exchange offerings alive—despite growing legal uncertainty.
Seychelles-based cryptocurrency exchange Poloniex, which is partly owned by Tron CEO Justin Sun, today announced the release of LaunchBase, a new token issuance platform. The exchange said it “will collaborate closely with projects, community members and industry-wide partners to seed and promote the adoption of quality cryptocurrencies worldwide, including via the sale of tokens to eligible participants on the Poloniex platform.”
In the blog post, Poloniex said all participants will be screened for “local law requirements.” Further, the exchange noted that the platform will be exclusive to offerings made in Tron’s TRX cryptocurrency. As such, the first project selected to launch on the platform is a Tron-based stablecoin platform called “JUST.”
Poleinex said TRX tokens are slated to be used on JUST’s Collateralized Debt Position (CDP) portal “to generate USDJ,” a USD-pegged stablecoin.
But the launch of Poleinex’s new ICO-like platform comes at a potentially inopportune time. Just two days ago, Tron was hit with a class-action lawsuit alleging the sale of unregistered securities in the United States. The claim was just one of several “Red Wedding” lawsuits to come down against some of the biggest firms in crypto over the weekend. Prior, regulatory agencies such as the SEC had signaled they had begun taking a close look at IEOs over potential violations of securities laws.
Richard Levin was right. For years, the fintech attorney and former Wall Street compliance officer has been predicting that class-action suits would be brought against companies and people involved in unregulated initial coin offerings, or ICOs. “We have only likely begun to see the beginning of class-action lawsuits filed relating to blockchain-related companies or companies that participated in ICOs,” he co-wrote in a March 2018 blog post. “We believe it is highly likely other issuers of token...
Sun’s ties to Poloniex are not without its own controversy. After initially denying any formal involvement with the exchange, Sun later confirmed that he was part of the investor group that acquired the firm following its split from Circle.
(1/6)Huge congrats on launching @Poloniex #LaunchBase, a world-leading token sale platform! As Poloniex’s strategic partner, @Tronfoundation and I will fully support the LaunchBase platform and its future development. https://t.co/amRgWKjNiH
— Justin Sun (@justinsuntron) April 5, 2020
Tron’s Sun has aggressively promoted the exchange on social media over the last several months. Today, he continued his cheerleading, congratulating Poloniex on the release of LaunchBase and boasting that “$TRX will be the only eligible currency for purchases.”
Tornado Cash co-founder Roman Storm issued one of his starkest rebukes yet of the Trump administration’s Department of Justice on Friday, arguing that if federal prosecutors prevail in the developer’s upcoming criminal trial, decentralized finance could be permanently destroyed. “The DOJ wants to bury DeFi, saying I should’ve controlled it, added KYC, [and] never built it,” Storm wrote. “SDNY is trying to crush me, blocking every expert witness.” “If I lose, DeFi dies with me,” the crypto devel...
Late Thursday evening, Israeli fighter jets struck Iranian nuclear facilities, opening a wave of instability across global markets, with two camps split on what to do: those running for shelter and those fleeing risk. Gold, long considered a safe haven, beckoned investors seeking safety from the escalating Middle East conflict. Bitcoin, often touted as digital gold, instead joined the exodus of risk assets. "The traditional buyers of gold are not in the crypto market yet,” Stephen Wundke, direc...
GameStop shares plummeted on Thursday after the video game retailer announced that it would offer investors $1.75 billion worth of convertible senior notes, a form of corporate debt that Bitcoin-buying firms like Strategy have tapped to accumulate the asset. The Grapevine, Texas-based firm’s stock price had dropped 22% to $22.12, as of noon Eastern Time, according to Yahoo Finance. GameStop shares changed hands around $25.40 in late March, when the company said that it could start leveraging Bit...
