TokenCard TKN

$0.2864
Market Cap $ 6.851 MM (#296)
24h Volume $ 614.857
Chg. 24h: 9.78%
Algo. score 3.0/5  (#557)
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TokenCard News

📅 Day three: we've got some TokenCard t-shirts to give away ...

📅 Day three: we've got some TokenCard t-shirts to give away 👕🎅 Want to get your hands on a tee? Retweet this post… https://t.co/SSiwsIbgNQ

5 days ago

📅 Day two: We've taken a look under the hood of the TokenCa...

📅 Day two: We've taken a look under the hood of the TokenCard, explaining just how transactions will work, and wha… https://t.co/aDMpPdeH1o

6 days ago

Coinbase Finally Takes RippleLabs’ Coin on Their Custodian Services

CoinSpeaker Coinbase Finally Takes RippleLabs’ Coin on Their Custodian Services This move was first announced in October 2018 and has taken a month to seal the deal. Until then, getting a listing on Coinbase wasn’t at all easy. The exchange did listed the exclusive top five, but with the exception of Ripple that according to allegations seemed to have openly asked for getting listed among Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), and Litecoin (LTC) which was at the time of the listing ranked as the top 5th currency. The initial allegations stated that Ripple Labs offered millions to Coinbase and Gemini exchange in order to get listed, but was refused despite, which was later on negated by the foundation. Aimed at institutional investors, Custody requires a minimum cryptocurrency holding of $10 million and a thorough due-diligence process before an individual or company is accepted as a client. The addition of XRP to the list of supported assets came as surprise to many cryptocurrency enthusiasts. In the past, XRP has generated criticism for being closely linked to Ripple, an international financial services company that is actively partnering with banks worldwide. Ripple (arguably) created the XRP digital currency several years ago. Today, Ripple (unarguably) controls the majority of XRP tokens in existence. Some argue that XRP tokens are unregistered securities because they rise and fall with the actions of Ripple. Others (including Ripple) claim XRP is sufficiently decentralized. This controversy was always in the way of XRP clearing its path to the exchanges like Coinbase. In August 2018, a Coinbase blog post stated the firm was exploring 37 new digital assets for addition on their Custody product, with “no bearing on trading-related” verticals. Among the many assets were NEO, Steem, Dfinity, and lesser-known projects like PolkaDot, Tokencard, and Props. Following the new announcement, in its new service, Coinbase will work as a bank for Ripple. Custodial services mean that the entity in charge has been allowed within the law to hold fund for customers. Battle-Tested Storage for Best Crypto Assets The launch of the custodial services at Coinbase in July 2018 opened the way for institutional investors to get involved with virtual assets. As Coinbase explain: “Coinbase Custody is a combination of Coinbase’s battle-tested cold storage for crypto assets, an institutional-grade broker-dealer and its reporting services, and a comprehensive client coverage program.” Historically, Coinbase has been pretty conservative to list new cryptocurrencies across any of its businesses. However, with increasing competition and superior products being developed in the blockchain and cryptocurrency sector, Coinbase has expanded its offerings to remain relevant. Coupled with the recently-granted New York Financial Department’s license to operate as an independent custodian, the company seems primed for disruption. Since the infamous Bitcoin Cash saga, which saw Coinbase allegedly pumping the coin’s price before listing, the firm has maintained a clear line of communication with the general public. In statements in August 2018, Sam McInvagale, product head at Custody, stated: “Coinbase Custody is exploring the addition of many existing and forthcoming crypto assets for storage only. We are making this announcement internally at Coinbase and to the public at the same time to remain transparent with our customers about support for future assets.” The team at Coinbase Custody also explained to their users that they might see public-facing APIs and other signs that indicate they are conducting engineering works to support these new digital assets. This however should not be an indication of 100% commitment of adding the digital assets and they would provide updates to their customers about the process and what to expect via their Twitter page. The addition of XRP to Coinbase Custody seems pretty unique because Coinbase does not currently list XRP on its exchange. You can store XRP in Coinbase Custody, but you can’t purchase XRP from the Coinbase exchange. Only one other asset, the OmiseGO (OMG) token, shares this characteristic. It seems that USDC stablecoin will also hit next the guarding branch of the crypto-leading firm - according to a Coinbase post. With the target towards institutional investors-custodian services, the project condition before a user or group/firm is welcomed as a user/client is a minimum virtual asset holding of $10 mil and a in-detail research process. Did Coinbase Troll Ripple? Coinbase Custody website appeares to be trolling Ripple with its XRP announcement. When announcing the addition of XRP to the Coinbase Custody service, Coinbase chose to use the logo for Ripple - which is different from the XRP logo. It’s also worth noting that the annoucement back in August listed did show the XRP logo instead of Ripples. Coinbase has used the firm’s logo and the XRP logo at different times. Although thi

a month ago

Liqui.io Accused of Delisting Popular Tokens to Scam Customers

Liqui.io, a cryptocurrency exchange based in Ukraine, has been accused of defrauding customers by delisting tokens, sometimes its top volume tokens like BAT and giving only 15 days to withdraw funds before seizing them. For example, in its delisting announcements, Liqui.io states: “Once the withdrawal deadline has been reached withdrawals will be disabled and the asset will be fully decommissioned. From this point forward, we will be unable to process withdrawals of impacted assets. It is imperative that customers withdraw delisted tokens by the withdrawal deadline.” Users are complaining that they have been scammed. The exchange has over 290,000 users, and it is likely that numerous users will not see the delisting announcements and end up leaving their coins on the exchange until they are confiscated. There are claims that Liqui.io is actively liquidating USD 300,000 of customer’s assets. Further, customers assert that withdraws were halted well before the 15-day deadline, giving customers no chance at retrieving funds even if they saw the announcement in time. It is unknown why Liqui.io does not leave the withdraws open until all customers have a chance to get their funds back. This is especially true for ERC-20 tokens like BAT which use the Ethereum wallet. The Ethereum wallet is still active for other coins on Liqui.io, and would work fine for withdrawing delisted coins if allowed. On 28 September 2018, Liqui.io delisted CFI, TAAS, EDG, MCO, MGO, WAVES, BAT, MLN, TKN, MYST, ICN, TIME, and REQ. On 27 October 2018 Liqui.io delisted NET, XID, PTOY, NEU, ZRX, REN, AE, DNT, QRL, SNM, SRN, and STX. BAT and ZRX are tokens that were just added to Coinbase, causing a surge in popularity. The 15-day window has already closed for these tokens, meaning any customers who left these tokens on Liqui.io have lost them. Follow BitcoinNews.com on Twitter: @bitcoinnewscom Telegram Alerts from BitcoinNews.com: https://t.me/bconews Want to advertise or get published on BitcoinNews.com? - View our Media Kit PDF here. Image Courtesy: Pixabay The post Liqui.io Accused of Delisting Popular Tokens to Scam Customers appeared first on BitcoinNews.com.

a month ago

📣 Don't forget, TKN has been delisted from @Liqui_Exchange. ...

📣 Don't forget, TKN has been delisted from @Liqui_Exchange. Please ensure that you withdraw your TKN from Liqui tod… https://t.co/ZansYWzuRZ

2 months ago

📣 ICYMI: TKN has been delisted from @Liqui_Exchange. Please ...

📣 ICYMI: TKN has been delisted from @Liqui_Exchange. Please ensure that you have withdrawn your TKN from Liqui befo… https://t.co/d9NaNfLkXV

2 months ago

📣 As of September 28th, TKN has been delisted from @Liqui_Ex...

📣 As of September 28th, TKN has been delisted from @Liqui_Exchange. If you have TKN on Liqui, please withdraw it be… https://t.co/bcfvNE8lbe

3 months ago

Liqui.io delists 15 Assets From its Platform

Liqui.io has announced that it will delist 15 tokens on the 28th of September. The process will start at 12:00 UTC and will see Assets including CFI, TAAS, EDG, MCO, MGO, WAVES, MLN, TKN, MYST, ICN delisted. Customers have been told they have until then to stop trading and withdraw all balances in these assets. However, the exchange company may extend the deadline upon any interruption of wallet availability, of which they will let know to their clients through email. Once this deadline is reached, withdrawals will be disabled while the assets are fully decommissioned. (KE)

3 months ago

Bitfinex Lists a Handful of Altcoins: ParkinGO, TokenCard and Universa

It's a tough day to make a market debut in light of the sell-off. Nonetheless, Bitfinex, the third biggest cryptocurrency exchange based on trading volume, has added support for several altcoins. The exchange announced on Twitter that “trading has been enabled in ParkinGO (GOT)” across the ETH, USD and EUR markets. Trading has also been launched in TokenCard (TKN) and Universa (UTNP), which were added on the heels of a vote by the Ethfinex community. Lastly, Bitfinex will list Ultra.io, which is a blockchain fueled gaming platform, soon. Bitfinex and Ethfinex are “integrated platforms.” (GT)

3 months ago


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