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Binance USD Bancor Raised $153 Million and Found Actual Users. Why Did Its Token Tank?
The cryptocurrency industry is still grappling with the legal implications of the initial coin offering (ICO) trend of 2017. Two… read more
Bancor (BNT)
$4.06
+2.66%
What is Bancor?
The flexibility of these blockchains allows tokens to be locked in reserve and to issue smart tokens on the Bancor system, enabling anyone to instantly purchase or liquidate the smart token in exchange for any of its reserve tokens. The BNT is the first smart token on the Bancor system and it will hold a single reserve in Ether. Other smart tokens, by using BNT as one of their reserves, connect to the BNT network. The Bancor Protocol is a blockchain-based system for discovery and a liquidity mechanism supporting multiple smart contract platforms. The BNT establishes network dynamics where increased demand for any of the network s smart tokens increases demand for the common BNT, benefiting all other smart tokens holding it in reserve.
Bancor News
Bancor Raised $153 Million and Found Actual Users. Why Did Its Price Tank?
The cryptocurrency industry is still grappling with the legal implications of the initial coin offering (ICO) trend of 2017. Two… read more
Bancor Bans US
For the first time, an ethereum based decentralized exchange has decided to ban US residents from accessing its website. “Beginning… read more
Bancor Seeks to Exclude US Users From Trading Over Regulatory Uncertainty
Decentralized exchange platform Bancor plans to restrict United States residents from trading tokens on July 8, the company confirmed in… read more
Bancor Hacker Moves Funds
More than 25,000 eth stolen from ethereum based dapp Bancor has now moved from an address known to belong to… read more
Bancor Launches Wallet for On-Chain Conversions Between ETH and EOS Tokens
Decentralized liquidity network Bancor has launched a wallet for on-chain conversions between Ethereum (ETH) and Eos (EOS) tokens, according to… read more
Bancor’s Cross-Chain DEX Between Ethereum and EOS is Now Live
Twitter Facebook LinkedIn Bancor, a popular decentralized exchange (DEX) protocol on the Ethereum blockchain announced in September that they’d build… read more
Bancor Begins Cross-Blockchain Token Trading Between Ethereum and EOS
Decentralized liquidity network Bancor announced it had completed its partnership with EOS to provide cross-blockchain token swaps in a press… read more
Bancor Bent on Cross-Chain Liquidity With Expansion to EOS Blockchain
In a bid to extend the reach of its services, Bancor is opening up shop on another blockchain. The decentralized… read more
Ethereum DApp Bancor is Building a Bridge to the EOS Network
Bancor, a decentralized cryptocurrency exchange (DEX) protocol and one of the most popular decentralized applications (dApps) on the Ethereum network,… read more
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