UK Court Orders US Judge to Depose Telegram’s Advisor About Token Sale

“It has been demonstrated to this Court that justice cannot be done amongst the parties to the Action without the testimony of Mr. Hyman… This Court requests the assistance of an appropriate English judicial officer to compel the appearance of Mr. Hyman to give oral sworn testimony and to produce documents on the subject matters and for the date ranges as described in this Request,” the order says. Source link

BTSE Exchange Plans $50M Token Raise on Blockstream’s Ethereum Rival Liquid

The idea was in vogue mid-decade until the emergence of ethereum, which was designed specifically for such use cases, and became the go-to launching pad for initial coin offerings, security tokens, non-fungible collectibles and the like. But Liquid, launched in September 2018, has started to make inroads; last week, BTSE announced it was integrating Blockstream’s Liquid versions of bitcoin and the dollar-pegged token USDT.  Source link

Microsoft Azure Announces Blockchain Token and Data Management Service

Microsoft’s blockchain-enabled cloud service Microsoft Azure announced new tokenization and blockchain data management services. In a post published on the official Microsoft Azure blog on Dec. 6, the IT service giant announced the Azure Blockchain Tokens and blockchain data manager. New tools for Azure blockchain users The Azure Blockchain Tokens service aims to simplify the definition, creation and management of compliant tokens built to industry standards. The firm also provides pre-built templates for common uses and hosts a gallery for templates created by partners, which are expected to be added…

Microsoft Announces Token Collectibles on Ethereum Blockchain

Microsoft’s blockchain-enabled cloud platform Microsoft Azure announced the “Azure Heroes” blockchain non-fungible tokens (NFT) aimed at rewarding its developer community. The tokens represent cartoonish badgers (a play on the word “badge”) and aim to compensate positive behavior in Azure’s community. Each badger has a limited supply ranging from just 100 units to 10,000, Microsoft announced on Dec. 4. The firm said: “Azure Heroes aims to reward individuals for verifiable acts of impact such as coaching, creating demos, building sample code, blogging about Azure or completing certain challenges. Community members that have demonstrated…

CasinoCoin Strikes Omnia Casino Token Deal

November 27, 2019 – CasinoCoin, the blockchain for gaming, has agreed a deal with leading operator Omnia Casino to launch a custom token that will power the casino’s new loyalty and rewards programme. Players will earn tokens as part of a new loyalty scheme, and will be able to spend them in a dedicated store in exchange for free spins, bonuses or branded items of the operator’s choosing. The token, a digital asset which sits upon the CasinoCoin blockchain, will be fully branded and controlled by Omnia Casino. By leveraging…

Bancor Claims Liquidity Token Airdrop Will Increase DeFi Users by 500%

The decentralized liquidity network Bancor announced its upcoming airdrop, which will start on New Year’s Eve.  In a Nov. 27 press release shared with Cointelegraph, the decentralized exchange platform announced the official launch of its New Year’s Eve airdrop, which will give away its ETHBNT liquidity pool tokens to 60,000 people.  Liquidity pools allow members to add liquidity to a decentralized exchange (DEX) and receive a portion of the exchange’s trading fees in return. Making DEXs more liquid is purportedly crucial in ensuring that they can compete with centralized exchanges. …

Telegram Founder Pavel Durov to Give Deposition in Gram Token Case

In the latest chapter of Telegram’s legal battle with the United States Securities and Exchange Commission (SEC), the firm’s founder Pavel Durov will give a deposition along with two Telegram employees.  On Nov. 25, District Judge P. Kevin Castel of the New York Southern District Court ruled that the deposition will take place on Jan. 7 or 8, 2020, at a location agreed upon by the relevant parties. Ilya Perekopsky, vice-president of Telegram, will testify as well. Perekopsky’s deposition is set for Dec. 16, 2019.  The deposition of Shyam Parekh,…

Telegram Founder Durov Should Testify in SEC Case Over Gram Token: Judge

Telegram’s founder and CEO Pavel Durov, as well as two other employees, should give testimony in the SEC vs. Telegram case, a judge has ordered. According to a document signed by District Judge P. Kevin Castel at the New York Southern District Court on Monday, Durov’s deposition should take place on Jan. 7 or 8, 2020, at a location “agreed upon by the parties.” That would be a little more than a month before Telegram is scheduled to meet the SEC in court to dispute the legal status of the…