Bitfinex Added 6 New Tokens

The addition of tokens will contribute to the strengthening of the long-term development of the Ethereum ecosystem
09 January 2018   2357

Bitfinex announced on January 9 the addition of Basic Attention token (BAT), 0x token (ZRX), FunFair token (FUN), Decentraland token (MANA), SpankChain token (SPANK) and Time New Bank token (TNB) which is tradable against BTC, ETH and USD.

According to the announcement, the addition of these tokens will contribute to the strengthening of the long-term development of the Ethereum ecosystem.

Bitfinex added that margin trading for all pairs will be enabled gradually as and when the order book develops sufficient liquidity. All ERC20 trading pairs will eventually be migrated to trade only on Ethfinex.

Basic Attention Token (BAT)

BAT, an ERC20 token built on top of Ethereum, is considered to be a token of utility in a new, decentralized, open source and efficient blockchain-based digital advertising platform.

  • Average price: $0,907663
  • Marketcap: $907 663 000
  • 24h volume: $94 252 500

0x token (ZRX)

0x is an open, permissionless protocol allowing for ERC20 tokens to be traded on the Ethereum blockchain.

  • Average price: $2,28  
  • Marketcap: $1 105 593 813
  • 24h volume: $171 985 000

FunFair token (FUN)

The FunFair Technology Platform is a project which is building a game-changing B2B platform using blockchain technology to bring transparency, efficiency and access to new markets to the casino sector.

  • Average price: $0,187281
  • Marketcap: $795 920 582
  • 24h volume: $133 679 000

Decentraland token (MANA)

Decentraland is a virtual reality platform powered by the Ethereum blockchain, where users can create, experience, and monetize content and applications.

  • Average price: $0,272962  
  • Marketcap: $280 930 008
  • 24h volume: $98 578 500

SpankChain token (SPANK)

SpankChain is a cryptoeconomic powered adult entertainment ecosystem built on the Ethereum network.

  • Average price: $0,513756
  • Marketcap: $154 149 090
  • 24h volume: $11 698 200

Time New Bank token (TNB)

Time new bank (TNB), is a cryptographic digital currency issued by M.I.T, which refers to the decentralized time commodity value transmission platform based on Grid blockchain technology.

  • Average price: $0,284736
  • Marketcap: $464 012 142
  • 24h volume: $141 597 000

Lightning Labs to Raise $10M

As reported, the raised funds will be allocated to enforce the team with developers and commercial speciaslists
06 February 2020   307

Lightning Labs attracted $ 10 million investment during the A-series financing round, and also introduced a beta version of its payment service for outlets that work with bitcoin.

If bitcoin is going to reach its potential as a viable global currency, it’s going to need to scale beyond the base layer. Similar to how Visa relieves banks from handling all fiat currency traffic, Lightning relieves the base bitcoin chain from handing all transactions, thus bring more speed and fee efficiency to the network.

 

Brian Murray

Managing Director at Craft Ventures

With the help of the raised funds, the company intends to hire more developers and commercial specialists, so that it will be able to convey the applied solutions to users. In 2018, Lightning Labs unveiled a beta version of its LND scaling solution and received $ 2.5 million investment from several investors, including Twitter CEO Jack Dorsey and Litecoin creator Charlie Lee.

Now a beta version of the new Lightning Loop service has been launched, with the help of which outlets can more effectively manage payment channels and maintain liquidity in them. Several customers have already become interested in this tool, including the developer of the Fold shopping application, which processed approximately 1,600 transactions through the Lightning Network during the holidays in 2019.

We’re growing fast and Lightning Labs’ loop service makes it simple to manage our lightning node’s liquidity, letting our team focus on building out great user experiences that bring lightning to the world.

 

Will Reeves

Fold

According to Lightning Labs, this year the company will be developing tools for working with larger payment channels. We are talking about both individual channels, which individually can hold more than $ 1,500, and multidirectional ones, which break down payments into smaller parts.