tezos

Babylon upgrade activates on Tezos

Today marks yet another milestone for the self-amending blockchain Tezos where it has experienced an upgrade from its governance mechanism. The activation marked the third on-chain update for the protocol. For the changes to be included, the proposal, Babylon 2.0, needed the support of at least 74.7% of the participants in the network, where 84.53% […]
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Oct 17, 2019, 11:47PM UTC

Custodian Anchorage adds support for Tezos and Stellar, hoping to lure investors with staking returns

Institutional crypto custodian Anchorage is adding Stellar and Tezos to its list of eligible assets, the firm announced in a blog post. The Andreessen Horowitz-backed firm is among the first regulated entities to offer custody support for Stellar. Meanwhile, Coinbase Custody is the only other institutional custodian that currently supports storage of Tezos, although uptake […]
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Aug 21, 2019, 12:01PM UTC

Analysis: Ether holdings of ICO projects gradually falling

Ether (ETH) holdings of projects that raised funds via initial coin offerings or ICOs have been steadily declining, according to research from The Block. We analyzed 57 ICO projects, and on average, each of them has liquidated or moved around 2,500 ETHs (~$530,000) per month over the past 12 months. These projects raised 8.2 million […]
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Aug 1, 2019, 1:52PM UTC

Ethereum, Tezos, Stellar Foundations back a hackathon to make crypto ‘useful and usable’

The foundations and firms behind five blockchain protocols – Ethereum, Tezos, Stellar, Oasis and NEAR – have partnered with an online hackathon event to make blockchains and cryptocurrencies “useful and usable.” The hackathon, organized by design firm IDEO’s business unit IDEO CoLab, and token sale platform CoinList, starts on Aug. 5 and ends on Sept. […]
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Jul 25, 2019, 6:00PM UTC

Tezos founders claim 'marital privilege' to keep emails between them confidential

Disclaimer: These summaries are provided for educational purposes only by Nelson Rosario and Stephen Palley. They are not legal advice. These are our opinions only, aren’t authorized by any past, present or future client or employer. Also we might change our minds. We contain multitudes. As always, Rosario summaries are “NMR” and Palley summaries are […]
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Jul 12, 2019, 5:30PM UTC

Tezos court issues compromise ruling, orders SEC communication produced

Disclaimer: These summaries are provided for educational purposes only by Nelson Rosario and Stephen Palley. They are not legal advice. These are our opinions only, aren’t authorized by any past, present or future client or employer. Also we might change our minds. We contain multitudes. As always, Rosario summaries are “NMR” and Palley summaries are […]
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Jun 23, 2019, 1:35PM UTC

Securitize broadens reach into Asian market with Japanese partnership

Security-token management firm Securitize is teaming up with a Japanese educational advocacy organisation to promote the adoption of digital securities in the country, they shared with The Block on Tuesday. Securitize and Japan Security Token Association (JSTA) are planning on collaborating closely with local and international business regulators.  “Our partnership with the Japan Security Token […]
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Jun 18, 2019, 11:02AM UTC

Fallout between Tezos Foundation and OcamlPro may lead to Tezos hard fork

French engineering group, OcamlPro, is pursuing a Tezos fork after the token’s managing foundation threatened to stop funding them over governance concerns, according to a blog post by the Tezos Commons Foundation. OcamlPro’s leadership is said to have partnered with a newly registered crypto fund, Starchain Capital, in order to fork Tezos and to create […]
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Jun 17, 2019, 9:00PM UTC

Tezos Foundation hires former PwC exec as new CFO

The Tezos Foundation has hired Roman Schnider as its new Chief Financial Officer (CFO) and Head Of Operations, the company announced in a post, replacing Eelco Fiole who stepped into the role approximately half a year ago. Schnider worked for PricewaterhouseCoopers (PwC) for 15 years, most recently as its Assurance Director. In 2016, he helped […]
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Jun 13, 2019, 9:00AM UTC

The scope of discovery could influence the outcome of ongoing Tezos litigation

Disclaimer: These summaries are provided for educational purposes only by Nelson Rosario and Stephen Palley. They are not legal advice. These are our opinions only, aren’t authorized by any past, present or future client or employer. Also we might change our minds. We contain multitudes. As always, Rosario summaries are “NMR” and Palley summaries are […]
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Jun 9, 2019, 12:30PM UTC

Bangkok based securities broker plans to offer tokenized real estate on Tezos by summer

Thai based Seamico Securities Digital, a brokerage company backed by Elevated Returns, has officially announced its received its Thai ICO portal license which will allow it to issue real estate security tokens. Today, the President of Elevated Returns, Stephane De Beats, announced on his Twitter profile that Seamico Securities Digital received its Thai ICO portal […]
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Apr 22, 2019, 11:35PM UTC

Tezos securities litigation continues with a new lead plaintiff

Disclaimer: These summaries are provided for educational purposes only by Nelson Rosario and Stephen Palley. They are not legal advice. These are our opinions only, aren’t authorized by any past, present or future client or employer. Also we might change our minds. We contain multitudes. As always, Rosario summaries are “NMR” and Palley summaries are […]
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Apr 13, 2019, 8:00PM UTC

Tezos' governance model, Athens, will be put to the test

The very first proposals for Tezos have been submitted. Bakers (also known as stakers for some proof-of-stake protocols), will now be able to vote on adding changes to the network’s design for the first time. If 80 percent of participants vote in favor of either of the submitted proposals, the changes would go into effect […]
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Mar 1, 2019, 12:29AM UTC

Tezos litigation potentially slowed by plaintiff problems

Disclaimer: These summaries are provided for educational purposes only by Nelson Rosario and Stephen Palley. They are not legal advice. These are our opinions only, aren’t authorized by any past, present or future client or employer. Also we might change our minds. We contain multitudes. As always, Rosario summaries are “NMR” and Palley summaries are […]
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Feb 15, 2019, 6:09PM UTC

Elevated Returns sets to tokenise $1 billion of real estate on Tezos using Securitize DS Protocol

Elevated Returns (ER), a financial group known for its tokenisation efforts of the Aspen St. Regis Resort, has announced its plans to switch its tokenised real-estate offerings from ethereum to Tezos. To make sure the transition will run smoothly, the firm is working with the Tocqueville Group, as well as their compliance partner Securitize. “We […]
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Feb 12, 2019, 12:00AM UTC

Class action against Tezos - is it a securities offering?

Common issues of law and tote-bags, the case of the stolen Mongolian tether, and Midwestern jurisdictional peregrinations (as the courthouses close down?) Strap in for our TWENTIETH CCM, which covers a crypto trifecta — one new lawsuit (stolen tether), one new brief in the bazillion-dollar tezos litigation, one new opinion (mind your jurisdiction counsel). [As always, Rosario […]
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Jan 25, 2019, 9:47PM UTC
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