Blockchain 

TZero-Backed Startup Wants to Launch Security Token Market

Boston Security Token Exchange (BSTX), a platform jointly owned by BOX Digital Markets and Overstock’s blockchain arm tZERO, has filed an application with the United States Securities and Exchange Commission (SEC) to approve the launch of a market for publicly traded registered security tokens. In the rule change proposal released by the SEC on Oct. 11, BOX asks the commission to “adopt rules to govern the trading of equity securities on the Exchange” which “would operate a fully automated, price/time priority execution system for the trading of ‘security tokens.’” Establishing…

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Blockchain 

OpenLibra Plans to Launch Permissionless Fork of Facebook’s Stablecoin

Lucas Geiger, co-founder of blockchain infrastructure startup Wireline, has announced OpenLibra — a permissionless fork of Facebook’s planned stablecoin. Ethereum developer Lane Rettig tweeted on Oct. 8 that OpenLibra was announced by Geiger at the Ethereum developer conference Devcon 5, adding: “Seeing #openlibra publicly announced for the first time is sending shivers down my spine. I am so excited about this initiative to ‘lock the door open’ for libra tech.” A more trustworthy environment for Libra apps OpenLibra’s developers have already released the first version of a permissionless Libra-based virtual…

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Blockchain 

Maker Foundation’s Multi-Collateral Dai to Launch on Nov. 18

Rune Christensen, the CEO of the Maker Foundation, has revealed that the Multi-Collateral Dai (MCD) system will be ready to launch on Nov. 18. Speaking at DevCon 5 in Osaka, Japan, Christensen urged all holders of MakerDAO‘s MKR token to cast their votes on November 15. Dai Savings Rate, new CDPs MCD is a decentralized blockchain-based system designed to encompass Maker smart contracts, front-end apps, tools and services.  MakerDao’s announcement points out two core features of the Maker protocol that will be heralded by its planned November launch: first, the…

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Blockchain 

Anchorage Becomes First Qualified Gram Custodian Ahead of Oct. 31 Launch

Digital asset custodian of software firm Anchor Labs has stated that it became the first entity qualified to support institutional custody for Telegram’s Gram (GRM) token. Gram to launch on Oct. 31 Anchorage Trust Company, a wholly-owned subsidiary of California-based Anchor Labs, will be the first entity that will enable institutional investors and organizations to hold Gram tokens at launch on Oct. 31, the company’s co-founder and president Diogo Monica announced on Oct. 7. Not registered with the SEC In the blog post, the firm stated that the services will…

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Blockchain 

Hyundai’s Blockchain Arm to Set Up $10M Fund for Mainnet Launch: Report

Hdac Technology, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group, plans to set up a $10 million blockchain investment fund in 2019. Hdac testnet to launch in November 2019 Hdac will spend the funds to launch its mainnet as well as to develop decentralized applications, support new industry startups and create an ecosystem with a “cryptocurrency compensation system,” Korean outlet The Financial News reported on Oct. 6. Hdac, issuer of Hyundai token (HDAC), is planning to release its mainnet in Q1 2020, the report notes. As…

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Blockchain 

Cere and Celer Networks Team Up to Launch Decentralized CRM Solution

Second layer blockchain scaling platform Celer Network has partnered with customer relationship management (CRM) startup Cere Network to launch a decentralized CRM solution. Low-cost CRM platform for business inclusion According to a press release shared with Cointelegraph on Oct. 7, Cere Network’s capacity will be increased “to provide for the world’s largest enterprises with a low-cost, fast, and accurate CRM platform” as a result of this partnership. Co-founder and CEO of Cere Network Fred Jin added: “Current CRM solutions are facing poor business inclusivity, low employee participation, and mostly require…

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Cryptocurrency 

Telegram to Launch Its Telegram Open Network (TON) in October

Telegram has indicated that the Telegram Open Network (TON) could launch at the end of this month. On Wednesday, in an email to TON investors, the firm indicated that the launch is on track as planned earlier. TON Could Be Ready by October 16 The CTO of TON Labs, Mitja Goroshevsky, confirmed the information indicating that TON Labs will be responsible for running and managing the validation pool. TON Labs is a startup tasked with the responsibility of creating tools for TON developers. Investors will receive the TON key generation…

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Blockchain 

Telegram Messenger to Officially Launch TON Network in Late October

Encrypted messaging service Telegram will launch its long-awaited TON blockchain network in late October. In an Oct. 2 message in the official TON Board on Telegram, the firm states that original investors were informed that the network would launch later this month.  Investors are provided with TON key generation software and will be required to provide Telegram with a public key to receive their Gram tokens by Oct. 16th. The entire source code for TON is now available on Github. Source link

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Blockchain 

Former Employees of JP Morgan, Intel and TrustToken Launch Stablecoin

The Global Currency Organization (GCO) is launching a new U.S. dollar-backed stablecoin, dubbed the USD Digital (USDD). In an Oct. 1 press release shared with Cointelegraph, the GCO announced the launch of the USDD, a new stablecoin pegged to the U.S. dollar. The organization, which is a new project led by former employees of JPMorgan, Intel and TrustToken, said that it plans to make the stablecoin model available to a worldwide network of partners, to focus on the possibility for end users to move between cryptocurrencies and fiat. The San…

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Blockchain 

Ethereum-Compatible SKALE Network Raises $17.1M for Mainnet Launch

The SKALE Network, decentralized Ethereum-compatible network, has completed a $17.1 million funding round for mainnet launch. Solid global backing Backed by the Liechtenstein’s Node Foundation and United States-based SKALE Labs, the SKALE Network now has over 40 investors in the U.S., European Union, Japan, Korea, Hong Kong and Singapore, according to a press release shared with Cointelegraph on Oct. 1. The new financing round featured major industry investors including Arrington XRP, ConsenSys Labs, Winklevoss Capital, Multicoin Capital, Blockchange, Hashed, HashKey and Recruit Holdings. $9.65 million raised for the network in…

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