Market

Israeli Startup Secures $4M for Offline Crypto Wallet with Online Connectivity

Israeli Startup Secures $4M for Offline Crypto Wallet with Online Connectivity

  • The $4 million funding round was led by the Co-Founder of Checkpoint, Marius Nacht, and Discount Capital.
  • The new cold wallet uses "unidirectional connection" to link it to a blockchain, where it will have "hot wallet functionalities".
MERJ is the First National Stock Exchange to Launch a Tokenized IPO

MERJ is the First National Stock Exchange to Launch a Tokenized IPO

  • The sale of the tokenized shares will begin today, 10 September, at 09:00 U.K. time.
  • The exchange is trying to raise $4 million through this sell, and will be issuing 1,652,893 new shares, with a price of $2.42 per share.
Alan Howard to Launch a $1 Billion Crypto Hedge Fund

Alan Howard to Launch a $1 Billion Crypto Hedge Fund

  • Elwood's target will be to find companies that satisfy its due diligence to dodge blow ups.
  • Bin Ren, CEO at Elwood, commented on and advocated their venture.
BitPAC Launches Politicoin ICO to Support U.S. House Candidate

BitPAC Launches Politicoin ICO to Support U.S. House Candidate

  • There will be no value associated with the token as it will be only for utility, but it will provide its holders with some sort of voting rights further down the line.
  • For now, BitPAC will be supporting only one candidate, Dan Bishop, a North Carolina State Senator.
Binance Announces Its Eight Launchpad Project

Binance Announces Its Eight Launchpad Project

  • Binance returns to high-throughput, quick-finality blockchains by hosting an IEO for Perlin's Wavelet blockchain. Lottery rules have been updated.
  • The project is backed by the Singapore Government, the Indian Government and Bitmain among others.
In advance of Bitmain’s U.S. IPO, Financial Results Get Revealed

In advance of Bitmain’s U.S. IPO, Financial Results Get Revealed

  • Reliable sources give very specific information on Bitmain’s financial situation.
  • A huge order for 7nm wafers from TSMC should result in a huge revenue boost.
Despite Community Pessimism, WINk Starts Trading at Eight Times Its IEO Price

Despite Community Pessimism, WINk Starts Trading at Eight Times Its IEO Price

  • For the first time in months, the ratio of winning lottery tickets has improved for participants.
  • The token stabilised at around 3.5 times its IEO price, proving pessimists wrong.
Mining Giant Canaan Confidentially Files for IPO

Mining Giant Canaan Confidentially Files for IPO

  • IFRAsia reports that "people with knowledge of the matter" have claimed that the company is looking to raise around $200 million through the public offering.
  • This is the second time Canaan has applied for an IPO, after its first attempt in Hong Kong failed.
A casino roulette with a deck of cards next to it

Binance Announces an IEO for a Gaming Platform Token

  • WINk is a rebrand of the most popular Dapp on the Tron network - TRONbet.
  • The IEO will value the token relatively high but expectations are that investor interest will still be high.
Binance Updates its IEO Participation Rules

Binance Updates its IEO Participation Rules

  • The BNB holding requirements in order to receive the maximum number of tickets have dropped to 250 BNB per user.
  • Ticket counts have also been increase in order to minimise the risk of big BNB holders receiving no winning lottery tickets.