#Bancor

Cryptocurrency Exchange Bancor Restrics U.S.-Based Investors from Trading on Its DEX

June 19, 2019 by Aisshwarya Tiwari at Exchange, News, Regulation

In a blog post published on June 18, 2019, decentralized exchange (DEX) Bancor announced that from July 8, 2019, its U.S.-based users will no longer be able to use the exchange to trade digital currencies. Unclear Regulations to Blame The decentralized P2P exchange blamed ambiguous crypto and blockchain regulations in...

Ethereum dApp Bancor Moves to EOS to Open up BancorX

September 21, 2018 by Priyeshu Garg at Altcoins, Blockchain, Business, Ethereum, Exchange, News

Bancor, a decentralized cryptocurrency exchange (DEX) protocol and one of the most popular decentralized applications (dApps) on the Ethereum network, is bringing its trustless token trading to the recently-launched EOS blockchain, the company announced in a September 19 press release. The First Cross-Blockchain Decentralized Liquidity Network Bancor, a popular dApp...

How Bancor Plans to Fix the Cryptocurrency Trading Process

September 18, 2018 by Alex Lielacher at Altcoins, Business, Cryptocyclopedia, Exchange, Finance

Leading blockchain project Bancor is attempting to introduce automated cryptocurrency trading through its innovative technological solutions. Using a combination of its proprietary algorithm called the Bancor Protocol and a new type of smart contract-powered token, Bancor believes it can usher in a new age where people can trade digital currencies...

Bancor Criticized For its Ability to Freeze Fund, Not For the Theft Experts React

Bancor Criticized For its Ability to Freeze Funds, Not for Exchange Hack

July 12, 2018 by Joseph Young at Altcoins, Blockchain, Crime, News

Bancor, a decentralized crypto exchange that raised $153 million in June 2017, has lost $12.5 million in ether, the native cryptocurrency of Ethereum, in a recent security breach. However, the blockchain protocol and its developers were criticized not for the theft of their funds, but for their ability to freeze...

Cryptocurrencies are Set to Transform Kenyan Communities

June 20, 2018 by Kieran Smith at Altcoins, Blockchain, Business, Finance, News, Tech

In a bid to help combat poverty, Bancor, the “decentralized liquidity network,” is launching a blockchain network to support community currencies in Kenya. Bancor’s Cryptocurrency Push This is to be achieved through a partnership with Grassroots Economics, a non-profit organization that develops community currency programs in Africa. Under the initiative,...

Hash Card Integrates Bancor Protocol to Provide Token Liquidity for Card Holders Crypto Debit Card Offers Instant Cryptocurrency Conversion

May 14, 2018 by Guest Post at Press Releases

Hong Kong – May 11, 2018 – Hash Network Limited (HSHC), one of the first providers to offer a crypto debit card with instant conversion, announced today its integration of the Bancor Protocol to provide continuous liquidity for the Hash Card platform. Earlier this week, Hash Card received over 1500...

Bancor Criticized for Untested Code After $150 Million ICO

June 15, 2017 by Joseph Young at Altcoins, Commentary, News

The Bancor Network, a blockchain project endorsed by prominent billionaire investor Tim Draper, recently raised $150 million in an initial coin offering (ICO). However, the development team behind Bancor was criticized for the abrupt extension of investment period and its untested code. On June 12, Bancor extended the investment timeframe...