Announcement of TCOW contract address
According to the official twitter report of cowlab, TCOW has passed the torn distributed open source protocol,TCOW will establish a low threshold, high transparency, strong accessibility and inclusive point-to-point decentralized financial system.
In order to prevent fraud, the TCOW contract address is officially announced: TAp5LFZL32A62LnPEv8n7GmxceKSyLEKNM, with a total amount of 2100 million, 70% of which is used for DAPP application developer award, 15% for community incentive, 10% for global institutional investment, and 5% for technology operation and maintenance team award.
Recommended News
-
US Senate Approves $1.9T Stimulus Plan; Measure Now Returns to the House
The Senate passed President Joe Biden’s $1.9 trillion Covid 19 relief package Saturday, a possible positive development for cryptocurrencies. The measure, which was passed by a 50-49 party-line vote, now heads back to the House, which would have to approve Senate changes to the package before it can head to the president for signing. The House is expected to take up the measure next week, according to The Wall Street Journal. The legislation would provide $300 in weekly unemployment benefits through early September, send $1,400 payments to some Americans and direct…
-
Security Token Startup Founder Arrested on Sexual Assault Charges, Toronto Police Say
The founder of a security token startup has been arrested on charges of sexually assaulting a minor, Canadian authorities said. Trevor Koverko, former CEO of Polymath, was taken into custody on March 14 by Toronto police, a spokesperson for the department, Caroline de Kloet, told CoinDesk Wednesday. He has apparently deleted his Twitter. Koverko has been charged with “sexual interference with a person under 16 years of age” (Section 151 of Canada’s Criminal Code) and “sexual assault” (C.C. 271), said de Kloet. Chris Housser, Polymath’s other founder and interim CEO, said Koverko resigned from…
-
How NFTs Became Art, and Everything Became an NFT
“Today, the physical mural doesn’t exist. But it still exists with NFTs, and with value,” Boyart tells me from Paris. “This is very satisfying.” See also: What Are NFTs and How Do They Work? Subscribe to State of Crypto, our weekly newsletter on policy impact. SUBSCRIBE By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy. Boyart minted a non-fungible token (NFT) version of the mural, dividing it into 100 pieces and selling each one for 0.5 ETH. He would sell more NFTs. Many more….
-
The Node: Beeple Sold Out. So What?
Not long after Mike Winkelmann, aka Beeple, received his $53 million in ether (ETH, +3.76%) (ETH) for selling a non-fungible token (NFT) through Christie’s (after fees), he reportedly converted the cryptocurrency into fiat. What was seen as a vote of confidence for this new technological medium – it was the third-largest art sale ever, right behind Jeff Koons’ “Rabbit” and David Hockney’s “Portrait of an Artist (Pool With Two Figures)” – might now be seen as a betrayal. He quite literally sold out. Beeple told The New Yorker on Monday, “I’m not remotely a crypto-purist. I was…
-
If Bitcoin Starts Closing Below the 50-Day SMA It May Mean Deeper Pullback Ahead
Bitcoin fell sharply on Sunday, dipping well below the 50-day simple moving average (SMA) support for the first time in six months. While the decline looks typical of a bull market correction, it could be extended further if prices find acceptance under the 50-day SMA, according to one analyst. “The loss of [bullish] momentum is only short-term in nature, but we would view consecutive closes below the 50-day SMA as a reason to move to the sidelines,” Katie Stockton, technical analyst and managing partner of Fairlead Strategies, told CoinDesk in…
-
The dark horse of the decentralised storage industry, crushing the FIL, what is the MACCion FIL II all about?
MACcoin FIL II, invested by Stanford University and Yale University’s investment advisor, is about to start mining, and has already received investments from Slow, Collab Crypto, IDEO and Naval RavikantToken Titan (Titan Capital), HWLLO CAPITAL (Haru Capital), HONGLIAN CAPITAL (Red Chain Capital) NEXT BLOCKCHAIN CAPITAL (NBC Capital), EFUND, Sky Chain Capital and other institutional investment. Becoming a file coin miner is an opportunity for community members to help store and preserve access to humanity’s most important information. By providing network security and infrastructure, MACCion FIL II miners help to build…
-
SYW Coin Launching Mainnet, Realizing Global Circulation
Recently, something great happened within blockchain network. SYW coin completed the deployment on the ETH public chain and successfully launched the mainnet. This means that SYW has successfully realized global circulation and can be transferred in any blockchain networks. From now on, global investors can freely purchase or sell SYW coins. As a blockchain 2.0 application network, ETH’s related ecology has attracted the attention of many blockchain users and cryptocurrency owners. Ethereum holds the vast majority ofr DeFi protocols and stable coins. Due to its characteristics of having stable…
-
Crypto.com Launches Tool to Simplify Crypto Taxes
Crypto.com has launched a free service it says reduces the complexity of filing cryptocurrency tax returns. In a blog post Wednesday, the Hong Kong-headquartered exchange said its new tool provides “an estimation of taxable gains/losses on relevant crypto transactions,” which can be downloaded for tax filing. Users can import transaction records from supported exchanges and wallets via CSV files or using API synchronization where supported. Initially, the service is only available in Canada but will later be rolled out to other jurisdictions. When that happens, the tool will use country-specific tax calculation…
-
What is the origin of the capitalist FTS that has set the NFT market alight?
The world’s progress is a process of subversion and re-subversion, innovation and re-innovation, however, every epoch-making technological revolution has fundamentally advanced the progress of human civilization,, with Bitcoin’s ten-year 26 million investment income, and created numerous wealth myths in just a few years, the emergence of Bitcoin has also made the decentralized distributed ledger blockchain technology popular worldwide , making Bitcoin gradually The fourth industrial revolution, with blockchain as its core, will bring unprecedented changes to humanity. NFT (TNon-Fungible Token), a digital cryptocurrency on the blockchain, is divided into…
-
A Comprehensive Insurance Platform – Blockchain Insurance Global
Our global economy has grown steadily in recent years, and an increase in income levels has driven the growth of consumer demand. Among them, the demand for health protection has seen a significant increase. However, the traditional insurance model is cumbersome, delivering a poor experience for users. A transformation and upgrade of the industry is imperative. In 2020, an insurance platform that relies on blockchain technology, AI and big data started to receive attention from the mass markets. The aptly-named Blockchain Insurance Global (BIG for short) has created a new insurance platform, and has achieved a growth rate of 53% in 2020, reigning as the growth leader of the industry. By empowering the insurance…