Bitfinex cryptocurrency exchange canceled the sale of tokens of the K.im decentralized content monetization platform tokens, due to regulatory uncertainty.
Cancellation of K.im. tokenToken
– is an accounting unit that is used to represent a digital balance in an asset.Details sale
Having published this news on Tuesday, the Bitfinex exchange said that the risks associated with raising funds for the sale of the K.im token are very great and both companies have decided to abandon the sale at the moment.
“After a thorough evaluation, we regret to inform that Bitfinex Token Sales and the K.im team mutually agreed not to conduct a token sale at this time.” – Bitfinex.
“K.im will put off any decision to sell tokens until it becomes fully functional,” Bitfinex added.
According to cryptocurrency news, K.im plans to continue building his platform and possibly soon make an offer based on equity for investors who want to participate in the project.
Bitfinex has announced the addition of output support for SegWit addresses (bech32). SegWit is a more economical and secure address format.