The Tezos Foundation has announced that it will hold their first formal call for proposals through an open grantmaking process, according to an announcement published July 13. According to the announcement, Tezos’ public call for grants will be made in August of this year, and has determined three main areas as an initial target. These include “research that furthers the Tezos protocol and related technologies,” “development of tools and applications to support the Tezos ecosystem,” and “efforts to strengthen and nurture the burgeoning Tezos community.” Within the initiative, the Foundation is reportedly going to invite community members, institutions, developers, and …
Wednesday, July 11: crypto markets are experiencing a slight decline with the total market cap down just $2 billion from the same time yesterday. Market visualization from Coin360 Bitcoin (BTC) is fluctuating between $6,300 and $6,400 price points today. At press time, the cryptocurrency is trading at around $6,330, down 0.8 percent over the 24 hour period. Bitcoin price chart. Source: Cointelegraph Bitcoin Price Index Ethereum (ETH) is down 0.75 percent on the day, trading at $434 at press time. Ethereum price chart. Source: Cointelegraph Ethereum Price Index Total market capitalization of all cryptocurrencies is similarly slightly down from yesterday …
Tuesday, July 10: crypto markets have taken a deep plunge today, after a week of relatively stable growth. All but one of the top 20 cryptocurrencies by market cap are in the red, with total market capitalization going back to its monthly low levels. Market visualization from Coin360 Bitcoin (BTC) is trading at around $6,417 point at press time. The top cryptocurrency is down almost 6 percent over the past 24 hours and 2.9 percent over the past week, even after pushing close to the $7,000 price point July 8. Bitcoin price chart. Source: Cointelegraph Bitcoin Price Index Ethereum (ETH) …
Monday, July 9: crypto markets are mainly seeing red today, with total market capitalization down almost $15 billion from yesterday’s high, according to data from Coinmarketcap. Market visualization from Coin360 Bitcoin (BTC) is down 1.49 percent over the 24 hour period, trading at $6,672 at press time, according to the Cointelegraph price index. Bitcoin price chart. Source: Cointelegraph Bitcoin Price Index Ethereum (ETH) has seen bigger losses over the past 24 hours, down 3.46 percent, and trading at around $467 at press time. Ethereum price chart. Source: Cointelegraph Ethereum Price Index Total market capitalization is above $265 billion, down from …
Crypto markets continue to see mixed signals, but hold recent gains today, July 6, according to data from Coin360. All but one of the top ten coins on CoinMarketCap are seeing only minor fluctuations over the past 24 hours to press time. Market visualization from Coin360 Bitcoin (BTC) is challenging $6,600, trading at $ 6,650 at press time, up just about 1 percent over the 24-hour period. The leading cryptocurrency holding gains made since June 30, solidly trading above the $6,300-6,400 resistance level, which market research firm Fundstrat’s Robert Sluymer says the coin needs to “rally through” to reverse its …
On June 30, almost a year after the widely successful ICO — a project that raised $232 million worth of BTC and ETH back in July 2017, setting a record at the time — which was followed by an internal dispute and several class-action lawsuits, the Tezos Foundation has finally launched its beta network. Here’s how the project started, what caused the infamous delay and why the anticipated launch comes with reservations. ‘The last cryptocurrency’: What is Tezos? Tezos was developed by Arthur Breitman, who studied applied mathematics, computer science and physics in France and later moved to the U.S. …
The Tezos Foundation has launched its beta network, calling the move an “inflection point” for the project, according to an official statement June 30. According to Tezos’ statement, the team has proposed the genesis block of their so-called ‘betanet,’ and transactions can be processed on the network. The Tezos team also stated that users can start validating blocks or ‘baking’ after the first seven cycles, which they estimate to be in about three weeks. In their statement, the company encourages community members to take precautionary measures to ensure the security of their tokens while interacting with the betanet. Tezos further …
In the financial industry, you know you’re becoming increasingly popular when the US Security Exchange Commission, or SEC, is looking to regulate what you do. That’s the current state of the Initial Coin Offering, or ICO, market. The SEC ruled in July that some of the “coins” being sold are securities, making them subject to regulations. The attention of the SEC prompts the question: just how big is the ICO market? Let’s take a look at the biggest ICOs so far — and how they happened. Filecoin: $250 mln and still counting Blockchain data storage network Filecoin began its initial …
Tezos, the Tim Draper-backed Blockchain technology company, has announced that it will be using $50 mln of the funds raised during its ICO to start a new VC fund dedicated to financing companies building on its ledger platform. According to the announcement: “The innovation and growth of the ecosystem is the top priority of the Tezos Foundation.” Ethereum fears allayed? There had been great concern over what Tezos would do with the record-setting funds raised by its ICO, with many suggesting that they would dump the ETH onto the market, causing price collapses. Drokzid, the alt coin buyer on Twitter …
“Self-amending cryptographic ledger” Tezos has raised almost $200 mln in the first two days of its ICO. The uncapped sale of its Tezzies (TEZ) tokens will continue through July 12. At press time Monday, contributions had reached 42,600 BTC ($104.3 mln) and 184,700 ETH ($51.2 mln) for a combined total of around $155.5 mln. The lack of hard cap means Tezos could easily end up being the largest ICO ever once it closes in ten days’ time. The project had garnered tremendous interest from the cryptocurrency community and beyond, thanks in part to support and bullish sentiment from celebrated investor …