Written by Zach Quezada

VP of Business Development — ICOAlert
June 7 2018

ICO Alert Crypto Minute: June 7, 2018

ICO Alert Crypto Minute: June 7, 2018

Enterprise software company SAP launches blockchain-building platform, Nasdaq to delist Long Blockchain, Rival groups competing to launch EOS, top gainers, huge losers and more!

Software Giant SAP Launches Blockchain-as-a-Service Platform

According to Coindesk, multinational enterprise software company SAP has launched a cloud based platform dedicated to helping corporations build blockchain-based applications. The announcement was made at a SAP event on Wednesday, and will aim to provide enterprises with an initial framework to build applications on blockchain systems like Hyperledger Fabric, the blockchain platform pioneered by the Linux Foundation.

Nasdaq Prepares to Delist ex-iced tea maker ‘Long Blockchain Shares

The Nasdaq Stock Exchange has informed Long Blockchain Corp. that their shares will be delisted later in June. Reported on by CCN.com, the former iced tea maker who made a fateful pivot to cryptocurrency and saw its shared skyrocket thereafter, had acknowledged its upcoming delisting in documents filed with the US Securities and Exchange Commission.

Rival Groups Now Competing to Launch Official EOS Blockchain

According to Coindesk, the official launch of the anticipated token project EOS has now become more complex, as rival groups compete to launch the official mainnet. Originally slated for an early week launch, the project has been delayed due to debates within the Block Producer community over the amount of testing that needs to be done before official launch. The testing and validation phase will continue until the block producers reach agreement on the readiness for mainnet to be launched.


Date pulled from CoinMarketCap.com at 12pm
Date pulled from CoinMarketCap.com at 12pm
Date pulled from CoinMarketCap.com at 12pm

Topics: Blockchain, Crypto Minute, Cryptocurrency, Eos, Enterprise Technology