WEG Bank, a German-financial institution where Litecoin, TokenPay and Nimiq have 9.9% stake each, has secured a cryptocurrency trading and custody license in Estonia. As contained in an update, the firm said the secured license is to be preceded by applying for security trading and custody license in Germany. Mid 2018, TokenPay transferred its 9.9% acquired stake in WEG Bank to Litecoin in exchange for a technical expertise from the blockchain organisation. The stake was a result of a partnership between TokenPay and Litecoin Foundation, which was birthed when the founder of the two firms disagreed over a partnership between […]
Here is why TokenPay (TPAY) beats Verge (XVG) at its own game This content was originally published here.
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 […]
TokenPay’s 9.9% stake in the German WEG Bank was transacted to the Litecoin Foundation on July 10 in exchange for a marketing and technology service agreement. This content was originally published here. This content was originally published here.
Binance Launchpad––’s token launch platform for transformative blockchain projects––has announced support for its eighth project of the year, , a Singapore-based startup behind a new blockchain protocol project. Perlin is developing the Wavelet distributed ledger, built on a new and pioneering ‘leaderless proof of stake’ consensus mechanism developed for easily deploying decentralized apps. Perlin’s Wavelet aims to provide the fastest public blockchain, processing over 31,240 payment transactions per second and finalizing transactions in 1-4 seconds across millions of nodes. Perlin has secured major partnerships with organizations including the Singapore government, which has provided funding, network and strategic support for Perlin […]
Game Oasis Hackathon is a global gaming hackathon co-hosted by , Cocos-BCX, Celer Network, Contentos, and Matic Network. The hackathon consists of three rounds including the preliminary online hackathon to onsite hackathons in 4 cities; Shanghai, Seoul, San Francisco, and Bengaluru. In Round 1, participants are required to register as a team. In Round 2, teams are required to build new games and compete for the opportunity to enter the next round of hackathons, which will happen in one of the selected cities across the world. In Round 3, the selected teams will gather up to build new games based […]