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However, the company will continue with its in-house mining business, after relocating its mining operations to a region with cheaper power supply.
Comparing the speed of TRON’s and Ethereum’s development, TRON’s CEO predicts the collapse of Ethereum and a ‘slow implosion’ of the TRON token.
The Initial Token Offering has been conducted in three phases, with the first phase sold out in 3 hours and the final two phases sold out with more than a week to go.
Facebook is reportedly working on developing its own stablecoin, which initially will be focused on the remittances market in India where it will enable users to transfer money via a dollar-pegged cryptocurrency on WhatsApp.
As a result of the deal, newly launched TokenSoft Global Markets LLC. will enable issuers to choose whether to host a token sale themselves or work with a broker-dealer to manage the token sale on their behalf.
The blockchain-based versions of the Atari games RollerCoaster Tycoon Touch and Goon Squad will feature the integration of non-fungible tokens. The release of the updated blockchain versions is expected to commence in the second half of 2019.
The funds raised will be used for developing new products and recruiting more people for the Nomics engineering team in 2019.
While the company is looking for a new CEO, the post will be temporarily taken up by AG Gangadhar, who joined the firm’s board of directors in April.
The new service that allows users to broadcast their own messages via Lightning Network, will be available worldwide starting from January 2019.
Facebook has formed a blockchain technology research group which considers the idea of developing a decentralized cryptocurrency for the social media platform. Is there a place for the new crypto economy in 2019?