The Digix project community voted to return funds to investors, 95% spoke in favor.
Thus, the project investors will receive Ethereum for $ 64 million. Three years ago, Digix raised $ 5.5 during the ICO, and in 2018 they launched the DGX token linked to gold on the market. But at the moment, the developers decided to curtail the project and investors agreed with this proposal.
Given the fact that from 2016 to today, the price of Ethereum has grown 16 times, the project investors will receive a good profit in dollars. We can say that Digix went ETH for them.
Compiled a top blockchain on the average daily activity indicator in development on GitHub
Data taken by the CryptoDiffer team from Santiment’s 2019 market report. projects are sorted by average daily development activity in 2019 on Github. The number of daily events is approximately.
The leaders are Cardano and Ethereum. Cardano team was preparing for the long-awaited Cardano working on Shelley testnet – a big step towards decentralization of the network (testnet was successfully launched on December 13). The Ethereum team has been pushing updates for Ethereum 2.0 planned for 2020.
PS: It turned out a very good list of really worth the attention of coins.
In Tokyo, two men stole $ 710,000 in bitcoins from a company account on a cryptocurrency exchange
On January 23, it became known that the Tokyo police arrested two men for stealing ¥ 78 million in bitcoins from a foreign crypto exchange. ¥ 78 million is about 83 BTC, or about $ 710,000.
The arrestees are 25-year-old Yuto Onitsuka and 28-year-old Takumu Sasaki, who are suspected of gaining access to an account on CoinExchange, owned by a Tokyo-based virtual currency management company. Coins were stolen from CoinExchange on October 29, 2018 and transferred to two accounts in foreign and Japanese exchanges.
The investigation established that Onitsuka then worked in that Tokyo cryptocurrency company and knew the username and password of the company account. Sasaki allegedly received this data from Onitsuki and stole bitcoins.
As a result, part of the stolen cryptocurrency was exchanged for cash, which was withdrawn to Sasaki’s bank account. An investigation by the Tokyo police was launched after the company reported the theft.
Startup Kik will provide information on its activities after the Kin token sale at the request of the SEC
The U.S. Securities Exchange Commission (SEC) requested Kik’s startup to provide detailed information about its activities after the sale of Kin tokens.
The Canadian company Kik Interactive, the developer of the Kik messenger, has been suing the regulator since last year. The SEC claims the company violated the securities law when it held the Kin token sale in 2017.
The court ordered Kik Interactive to provide the SEC with the requested information. The regulator will also question Kik’s director of operations and technical consultant Tanner Philip on January 29th.
This move follows Kik’s recent request for a formal date for the trial. The start-up continues to argue that the SEC has no convincing evidence in support of the claims, and CEO Ted Livingston said he wants to face the court as soon as possible.
Both parties had previously agreed to complete the trial by June 2020, but court documents published on January 9 showed that Kik was opposed to the SEC’s testimony, which could delay the deadline for the completion of this case.
Crypto.com Introduces New Crypto.com Private Service
Crypto.com has launched the new Dubbed Crypto.com Private service, which provides customers with interesting benefits. A Crypto.com statement said the new service is a package of premium awards and benefits. They are designed for Obsidian Black, Rose Gold and Icy White cardholders.
New benefits complement the set of preferences that already exist, which include “cashback up to 5% of all purchases, unlimited access to the airport lounge area with a guest, discounts on Airbnb and Expedia.” The service will be available from March 1, 2020.
According to the report, cardholders will be able to take advantage of the following benefits:
- Crypto Earn: additional 2% per annum paid in MCO tokens on deposits;
- Crypto Earn: increased maximum limits ($ 1 million for Icy White / Rose Gold and $ 2 million for Obsidian Black, $ 0.5 million for other card levels);
- Amazon Prime (up to $ 12.99 per month, including membership fees);
- Crypto.com exclusive trademark welcome package exclusively for Obsidian Black cardholders;
- Private Jet Service (full refund of membership fees).
- In addition, members of Crypto.com Private will gain access to crypto services. In particular, they will be able to take advantage of the capabilities of Crypto Invest and the OTC token trading MCO and CRO. In addition, users will have access to Crypto.com exclusive analytical reports and will be able to attend the main events of the crypto industry. Please note that Obsidian Black cardholders will receive priority access.
The Blockchain Association, an organization of Coinbase, Circle, 0x, Ripple, and other well-known crypto industry companies, has supported Telegram in a lawsuit with the US Securities and Exchange Commission (SEC).
The association issued expert opinions stating that Telegram had made enough efforts to meet SEC requirements.
The Association is confident that the lawsuit and the actions of the regulator can harm not only Telegram, but also the cryptocurrency market as a whole.
“The court should not block a long-planned and impatiently expected product by interfering in an agreement between qualified parties. Such actions may harm investors whose interests are to protect securities laws. ”
The Association’s appeal also says that companies working with blockchain and cryptocurrencies have been unable for a long time to obtain clear and understandable guidelines from SEC for conducting activities in their field. At the same time, the regulator’s claims to Telegram only aggravate the situation.
“The SEC lawsuit raises new questions about whether companies are prohibited from raising funds from qualified US investors, according to established regulatory standards, to create blockchain networks.”
The Blockchain Association asks the court to “dismiss the SEC’s argument that the non-existing Gram tokens were securities at the time of the conclusion of the agreement to buy them.”
Meanwhile, the SEC has published a memorandum expressing doubts that the Telegram Open Network project is being implemented at all. In particular, the SEC claims that there is no evidence of its readiness. According to the SEC, if something has been done by Telegram, the product most likely will not correspond to what is indicated in the whitepaper and the documents provided to investors.