ICOs

Sberbank and National Settlement Depository to test new ICO technology

November 26, 2018

As Russia prepares to regulate ICOs and cryptocurrencies, Russia’s central bank launched this past April a “regulatory platform” to experiment and implement new financial services and technologies that require legislative changes. This platform, which involves other state institutions and industry associations, will be used in the near future to test an ICO technology. The first transactions …

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Russia prepares for cryptocurrency and ICO regulation

May 25, 2018

Earlier this week the State Duma, the lower house of the Russian parliament, approved almost unanimoulsy in first reading a bill to regulate digital financial assets, including cryptocurrencies, and ICOs. According to the new law, digital financial assets are not a legal method of payment Russia. The text regards cryptocurrency and tokens as digital property, with the …

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Russian state-backed fund wants to tokenize Siberian diamonds, gold and gas

May 15, 2018

The Far East Development Fund, which is full owned by state development bank Vnesheconombank (VEB), has partnered with Singapore-based Diamundi to launch of a new cryptocurrency, the ‘D1 Coin,’ backed by Siberian diamonds. Diamonds are a traditionally illiquid asset class, but their tokenization means that anyone will be able to buy, own and sell a fractional …

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Telegram calls off public token sale after raising $1.7 billion in private pre-sale

May 7, 2018

The popular messaging app brought in so much money from a small group of private investors that it is calling off a planned sale of cryptocurrency to the wider investing public, according to a person familiar with the matter. Telegram Group Inc. has pulled in $1.7 billion by selling newly created cryptocurrency to fewer than …

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Russian startup builds decentralized marketplace to make VR content accessible to all

April 24, 2018

This story is an excerpt from an industry report on the Blockchain and ICO markets in Central and Eastern Europe, recently published by EWDN and ICObench. Over the last several years, augmented reality (AR) and virtual reality (VR) have have been regarded as promising segments in the entertainment industry, with all major technology firms vying …

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Starta Ventures launches hybrid fund to invest via smart contract security tokens

April 10, 2018

Starta Ventures, a tech investment group with Russian roots operating internationally, has launched a venture fund with original characteristics. Investors may not only join the new fund, dubbed Starta Capital Fund II, as LPs, they may also take directly their own equity stake in any company in which the fund will invest. This mechanism is …

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How Eastern European startups attract crypto investors and partners in France

August 1, 2018

Last week in Paris, half a dozen of startups with roots in Russia, Slovenia, Ukraine and Estonia met the French blockchain and crypto community through a dedicated conference and a meetup. Organized by East-West Digital News and its sister company Blockchain-Connectors, with support from local community leaders and media, these events aimed to stimulate knowledge exchanges and …

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Blockchain startup aims to free eSports from the control of major streaming platforms

September 27, 2018

Update Sept. 27 – Having failed to reach its fundraising target, the BestMeta project is likely to be stopped, industry insiders told East-West Digital News. Still little known outside the gaming industry, eSports – these video gaming competitions usually involving professional players – is among the fastest-growing types of digital entertainment. In 2017, this activity generated …

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Telegram completes the second stage of its giant ICO

August 17, 2019

Telegram, the popular encrypted messenger launched by Pavel Durov in 2013, has completed second private token sale for its new blockchain project. As much as $850 million have been raised from 94 investors, reported Bloomberg, citing a filing to the US Securities and Exchange Commission published this past Thursday. “Raising the planned amount is a success for Telegram, …

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Crypto and online marketing industries to converge in Prague at international conference (April 23-24)

April 3, 2018

In its second edition on April 23-24, 2018, the Crypto Affiliate & Marketing Conference (CRAC) will provide the communities of marketers and digital currency enthusiasts a new chance to network while showing their first projects at the junction of the two industries. “Less than one year ago everyone was just clueless. And look how fast …

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AB-Chain raises more than $1.8 million to prepare “the cryptocurrency future of advertising”

April 10, 2018

How will blockchain and cryptocurrency impact the advertising industry? Rather than waiting several years to learn the answer, some entrepreneurs have already begun writing the next chapter in the history of advertising – an industry they hope will continue to be as receptive to technological innovation as it has been in the past. Among these …

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Driven by industry boom, eSports startup Play2live raises $30 million in ICO

April 3, 2018

As ICO activity shows no sign of slow down in the region, Play2live has announced the completion of a token sale which it claims generated the equivalent of $30 million in less than two months. Launched last year, this startup with roots in Belarus and Russia offers an original approach to eSports in terms of …

Driven by industry boom, eSports startup Play2live raises $30 million in ICO Read More

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