June 2019 / 97 posts found

Charlie Lee opens up about Litecoin (LTC) Foundation and TokenPay Partnership

by crypto journalist
Litecoin founder Charlie Lee has to clarify some of the issues surrounding the . This arrangement, which includes a stake in German bank WEG Bank AG, has been criticised by some Litecoin investors who believe they are subsidising a risky venture. Lee points out that Litecoin and the Litecoin Foundation (LF) are very different things. The first is a “decentralized network and currency” while the second is a “centralized non-profit organization” with a mission of furthering the “development, adoption, and usage” of LTC. As Lee is the Managing Director of the LF, as well as the creator of Litecoin, the […]

TokenPay Announces Its Successful acquisition Of German Bank

by crypto journalist
TokenPay, a decentralized and self-verifying payment platform project, announced that it had officially closed a deal with German bank WEG in Berlin. Share certificates representing 9.9% of the equity interest in WEG Bank AG have been transferred to TokenPay Swiss AG, along with options to acquire an additional 80.1% of the bank upon customary regulation approval. In the announcement by TokenPay, it was declared that the proceeds of this transaction were derived from the firm’s December 2017 token sale. “Today we are announcing that we have officially closed a deal with WEG Bank AG, located in Germany.” #TokenPay Announces Acquisition […]

The Big Blockchain Lie

by crypto journalist
new comment has been posted. new comments have been posted.   Comments on this paragraph,  in all Comments on this article  Nov 6, 2018 The way I see it, Roubini scalds a specific technology for the manner in which some ‘initiates’ have chosen to use it.Not that different from blaming a gun for the murder in which it was used… A new reply to this comment has been posted.   Nov 3, 2018 Why did you use a source that was four years old when talking about the wealth imbalance in bitcoin? Did you use four year old information in your […]

SMM Gone Bad: TokenPay (TPAY) Better than Bitcoin but Similar to Bitcoin Cash (BCH)

by crypto journalist
TokenPay (TPAY) is a new player in the crypto verse that offers merchant services to its community. Its self-verifying mechanism has been gaining a lot of interest from businesses and individual users across the globe. With a robust infrastructure in place, the coin has been in the media as a way of popularizing its services in a bit to attain its mass adoption goal. Social Media Marketing (SMM) has become the best route to the market for majority of crypto coins and tokens but TokenPay appears to have taken the strategy notch higher. Comparing itself with other coins appears to […]

Bamb-U Australia Offers 50% Discount On Every Transaction Through Verge (XVG), Tokenpay (Tpay)

by crypto journalist
There has been silence in the Verge (XVG) community after the last attack, with many observers saying the end of the altcoin has come. The Verge Meet-up came shortly afterward, and it was branded a success. Then, series of issues has been surfacing in the cryptocurrency community, but on the end of Verge, the news that Bamb-U has started accepting Verge and TokenPay enlivened the VergeFams. Not that it has only started accepting the two coins alone, the Australia’s leading bamboo sunglasses & bamboo watches brand, was said to have put a 50% discount on every transaction made with Verge […]

Seems Litecoin (LTC) And TokenPay (TPAY) Are Partnering on Acquiring Bank In Germany

by crypto journalist
The unveiling of Verge’s mystery partnership opened doors to many things. It is noteworthy that there has been the reduction in the value of Verge since the announcement was made. However, there are two to three success stories for Litecoin (LTC) and TokenPay (TPAY). When Charlee Lie, Litecoin Founder teased Verge on Twitter and urged Pornhub to add bigger cryptocurrencies claiming the entertainment industry should not be monopolized, many a number of enthusiasts took their time to condemn Lie’s stance on the partnership. Derek Capo, CEO TokenPay was part of those who condemned Lie’s attitude, questioning the CEO on why […]

You Can Now Hold Ether In Blockchain, One Of The World’s Most Popular Cryptocurrency Wallets

by crypto journalist
With the price of Ethereum’s token, ether, up almost 4,000% for the year, Blockchain.info, one of the oldest and most popular user-controlled bitcoin wallets, Thursday adds it as a second currency to the service. The move gives the 16 million Blockchain wallets access to the second-highest market cap coin, which is used to power smart contracts on the Ethereum platform. Additionally, the wallet, available in 140 countries, now integrates the crypto-to-crypto exchange Shapeshift so users can easily trade from bitcoin to ether and vice versa. “The reason we decided to add Ethereum is we really feel like Ethereum as a community, ecosystem […]

Monero [XMR]s lead developer states TokenPay are “snake oil salesmen”

by crypto journalist
Recently, Twitter witnessed a feud involving the lead developer of Monero, Riccardo Spagni, who goes by the name Fluffy Pony on Twitter, and TokenPay, a cryptocurrency payment platform. According to the posts, Riccardo was invited for an open debate by TokenPay to address the allegations made by him which stated that TokenPay was a centralized platform and their proposed Distributed Proof of Stake [DPoS] model was significantly worse than the distributed database. After a series of discussions, the CEO of TokenPay, Derek Capo accused Riccardo of creating a platform which could be used by criminals to access the darknet marketplace whereas […]

TokenPay completes acquisition of 9.9% of Germany’s WEG Bank

by crypto journalist
TokenPay, a decentralized and self-verifying payment platform project today announced that it has officially closed a deal with WEG Bank AG, located in Berlin, Germany. Share certificates representing 9.9% of the equity interest in WEG Bank AG have been transferred to TokenPay Swiss AG, along with options to acquire an additional 80.1% of the bank upon customary regulatory approval. The proceeds of this transaction were obtained from TokenPay’s December 2017 token sale. As outlined in the TokenPay  roadmap, the company completed this partnership during Q2 2018, in line with its November 2017 projections. As discussed by the TokenPay team last month, it is […]