The Daily: launched the yellow coin mechanism, launched the security token trading platform

December 17, 2018 Bitcoin

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In The Daily on Monday, a new digital currency project aimed at protesters in the "Yellow Vest" promises cryptographic transactions without censorship. In addition, a regulated security token trading platform is now available in the United States, the South Korean giant on the internet Kakao invests in an Israeli startup and Abra's encrypted exchange is giving away bitcoins for Christmas.

Read also: Trump chooses Bitcoin Advocate as chief of staff, Congressman proposes Wall Coins

& # 39; Resume freedom! & # 39;

A new digital token project has been devised that uses symbols associated with the protesters of Yellow Vests (Gilets Jaunes) in France. The creators of Gilet Jaune Coin (GJCO) argue that their main objective is to support what has become an international movement "in the legitimate struggle of nations to self-determination and the reconquest of their economic, territorial and monetary sovereignty".

The currency website is littered with slogans such as "Reacquess Freedom", "Long Life to the Gilets Jaunes" and "The people will not be sacrificed on the altar of debt!" It is also full of promises and calls like "We will soon be listed on the stock exchange," To stay united, you should mine in our pool "and" We invite you to buy a Gilet Jaune wallet. "

The project team states that the currency is inspired by Bitcoin and based on Ethereum and insists that GJCO is easy to use and "perfect for transactions … at negligible costs". The developers of the new cryptography further assure the public that Gilet Jaune's currency is uncensored and fraud-proof, stating that its use is "recommended during the fight against the banking oligarchy, trying to enslave us!"

It is not clear whether digital money is actually related to the movement of yellow vests. The social media links on its website do not lead to real accounts, but the coin Telegram channel now has more than 90 members. The demonstrations of the Mouvement des Gilets Jaunes, started as a protest against the increase in fuel prices in France last November, have spread to other EU countries and even to Turkey and Iraq. The protesters also raised a number of requests related to socio-economic problems such as low income and government corruption.

Regulated security token trading platform now live

<img class = "alignright wp-image-261923 size-medium” title=”The Daily: launched the yellow coin mechanism, launched the security token trading platform” src=”https://news.bitcoin.com/wp-content/uploads/2018/12/shutterstock_1086290843-300×200.jpg” alt=”The daily: token token created yellow, security token trading platform launched "width =" 300 "height =" 200 "srcset =" https://news.bitcoin.com/wp-content/uploads/2018/12/shutterstock_1086290843 -300×200 .jpg 300w, https://news.bitcoin.com/wp-content/uploads/2018/12/shutterstock_1086290843-768×513.jpg 768w, https://news.bitcoin.com/wp-content/uploads/2018 / 12 /shutterstock_1086290843-696×465.jpg 696w, https://news.bitcoin.com/wp-content/uploads/2018/12/shutterstock_1086290843-629×420.jpg 629w, https://news.bitcoin.com/wp-content / uploads /2018/12/shutterstock_1086290843.jpg 1000w "sizes =" (maximum width: 300px) 100vw, 300px”/>Open Finance Network (OFN), a regulated security token trading platform in the United States, announced the transition from beta to full trading. According to a blog post on Medium, one of the security tokens available for trade at launch is Blockchain Capital (BCAP). Blockchain Capital is a tokenised risk capital fund focused on digital assets. OFN notes that this is a supply of compliant security tokens.

The platform is now available to accredited and non-accredited investors in the United States and other markets. Implement a one-off verification procedure through an application called Investor Passport that allows users to invest based on their eligibility. Open Finance Network has also developed its own security token standard called Smart Securities Standard to offer both tokens and exchanges on the secondary market.

Kakao invests in the Israeli start-up spheres

The South Korean Internet giant Kakao Corp. has invested in the Israeli crypto orchestra through its venture arm, Kakao Investment, according to Reuters. Kakao, which is South Korea's largest messaging application operator, announced at the start of this year its plans to establish a unit focused on blockchain technology. The globes, which did not disclose the size of the investment, said the funds will help it grow and build on the existing partnership with Kakao subsidiary X Block. The two companies are already working together to develop crypt technology applications.

Abra gives Bitcoin for Christmas

<img class = "alignright wp-image-261928 size-medium” title=”The Daily: launched the yellow coin mechanism, launched the security token trading platform” src=”https://news.bitcoin.com/wp-content/uploads/2018/12/shutterstock_655416904-300×173.jpg” alt=”The daily: token token created yellow, security token trading platform launched "width =" 300 "height =" 173 "srcset =" https://news.bitcoin.com/wp-content/uploads/2018/12/shutterstock_655416904 -300×173 .jpg 300w, https://news.bitcoin.com/wp-content/uploads/2018/12/shutterstock_655416904-768×444.jpg 768w, https://news.bitcoin.com/wp-content/uploads/2018 / 12 /shutterstock_655416904-696×402.jpg 696w, https://news.bitcoin.com/wp-content/uploads/2018/12/shutterstock_655416904-727×420.jpg 727w, https://news.bitcoin.com/wp-content / uploads /2018/12/shutterstock_655416904.jpg 1000w "sizes =" (maximum width: 300px) 100vw, 300px”/>The exchange of digital resources and the encrypted portfolio Abra decided to cheer crypto enthusiasts during the bear market with a Christmas promotion. The platform is now giving away $ 25 BTC to new investors for the ETF style token called Bit 10. To be eligible for cryptographic cashback, however, users must purchase at least $ 1,000 tokens before the end of this month. And there's another outlet, according to The Next Web – Bit 10 is a token market monitoring index that can only be purchased and sold via the Abra app. The token keeps track of the top 10 cryptocurrencies each month, which means that its value will go only in a bull market, but it may have difficulty in the current one.

What do you think of today's news? Tell us in the comments section.

Images courtesy of Shutterstock, Gilet Jaune Coin.

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The Daily: launched the yellow coin mechanism, launched the security token trading platform

& # 39; Resume freedom! & # 39;

Regulated security token trading platform now live

Kakao invests in the Israeli start-up spheres

Abra gives Bitcoin for Christmas

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