Santiment finished second round of ICO in 45 seconds

ICO brought 45 000 Ethereum to the company in two days
12 July 2017   2767
Blockchain

Distributed database that is used to maintain a continuously growing list of records, called blocks.

The Santiment project, which will be a decentralized information and analytical platform for crypto-currency trading, reported the successful completion of the sale of tokens. This is reported by Forex Magnets.

Ethereum

Open-source blockchain-based distributed computing platform featuring smart contract functionality, which facilitates online contractual agreements.

The company has reached the established limit of 45 000 ETH (≈ $ 10 million) in two days. At the first stage, a limited number of investors put into the project 32 000 ETH. On the second day, the crowdsdale continued on the cofound.it platform and in the first 45 seconds managed to attract the missing 13 000 ETH.

In total, 710 investors from all over the world took part in the crowdsale.

Santiment community distribution chartSantiment community distribution chart

Maxim Balashevich, CEO of Santiment, was very exceeded due this fact and said that international community of investors is a great result. 

Binance to Launch BTC-Pegged Own Chain Based Token

In this way exchange wants to transfer crypto based on own blockchains to its ecosystem and  increase liquidity and trading volumes at Binance DEX
17 June 2019   158

In the coming days, Binance Exchange will launch a series of BEP2-tokens, tied to different cryptocurrency rates, on its own Binance Chain blockchain. The first token of this type will be BTCB - its rate is tied to Bitcoin.

BTCB is backed with bitcoins located in Binance reserves. The address for storing bitcoins has already been made publicly available, so that users can verify that the token has the necessary support.

In the future, the BTCB / BTC trading pair will be launched on Binance.com. With its help, users will be able to convert the original cryptocurrency into the Binance Chain token. The price spread in this case will be about 0.1%.

According to Binance, in this way it can transfer cryptocurrencies based on its own blockchains to its ecosystem and currently not represented in the Binance Chain. The company expects the launch of new tools to increase liquidity and trading volumes at Binance DEX.

While this approach is more centralized than atomic swaps, we believe it provides a higher degree of ease-of-use to most traders. And most traders are already trusting Binance.com to hold their funds anyway.
 

Binance Team

To date, Binance has independently reserved 9,001 BTC and released 9,001 BTCB. The BTCB / BTC trading pair on Binance.com will tentatively appear within a day, and an asset will be added to Binance DEX after approval of the relevant offer.