token
4 Reasons Why Sushi Token Price Dropped Below $1
SushiSwap token dropped below $1, here is why.
Coinbase Pro Will List Uniswap Token UNI Instead of Sushi Token
Major United States crypto exchange Coinbase will list the Uniswap token UNI which was launched earlier today but snubs Sushi token.
Dapper Labs Raises $18M in Token Sale
The team responsible for the crypto-collectibles phenomenon “Crypto Kitties” has just secured an $18 million token sale.
Uniswap DEX Launches UNI Governance Token
Uniswap, the decentralized exchange platform, and the on-chain market maker has launched its own governance token called Uni.
Voyager Digital announces the listing of Elrond Gold token
Voyager digital has just listed the Elrond gold token on it’s exchange
PornVisory Plans Token Rewards for Porn Streaming
PornVisory is an Italian based adult content streaming site modeling the Brave Browser's system by rewarding users with its own token (PVY) to reward users who view content and ads on the site while also promoting anonymity.
Crypto Alert: Revolutionary DGT Token Community Presale
Tallinn, Estonia, 8 January 2021 DGBLabs OÜ, announces it Community Presale of the DataGrid Token (DGT) for 22nd- 26th January offering a 5% bonus, which is reduced 1% a each day during the sale, on a minimum of one quarter ETH at the price of $.005. Higher Bonus levels available for purchases over 80 ETH. Participants will be required to complete WhiteListing on Blockpass prior to the sale date.
New XRP Trading Pair Available as Bitrue Launches “IOU” Spark Token Trading
Bitrue crypto exchange announced that XRP/Spark (FLR) token trading pair has officially launched.
Will SushiSwap's Sushi Token Suffer a Second Price Drop Below $1?
The SUSHI token may suffer a second drop, which could plummet below $1. Here's why.
SEC Delays Decision on Overstock-Backed Security Token Exchange
The SEC has extended the timeline for its to disapprove or approve operations by the BSTX, a security token exchanged affiliated with Overstock’s blockchain arm tZERO.
Top Brazilian Crypto Exchange Mercado Bitcoin Adopts Sports Token Chiliz
Mercado Bitcoin, the largest cryptocurrency exchange in Brazil, has announced its plans to add sports token Chiliz ($CHZ) to its existing list of digital assets.
Blockstack’s STX Token Starts Trading on KuCoin Today
Blockstack is increasing its presence in Asia with the addition of its token Stacks (STX) to popular Asian-based cryptocurrency exchange KuCoin.
McAfee's Ghostcoin Gets Backing as Payment in Hong Kong
John McAfee's Ghostcoin gets backing for use as a payment coin in Hong Kong across 60 vending machines including Disneyland.
The SpaceX Token Scam: A Cautionary Tale in Cryptocurrency Fraud
SpaceX Tokens, a cryptocurrency linked to SpaceX, are allegedly used for decentralized funding and community engagement, but evidence suggests they are part of a scam involving fake advertisements and social media.
Decentralized Exchange dYdX Proposes $20M Incentive Program for v4 Launch
Chaos Labs proposes a $20M, 6-month Launch Incentives Program for the transition to dYdX v4. The initiative aims to facilitate user and volume migration to the new dYdX Chain, with a robust pre-launch and post-launch strategy. Governance proposals will guide the distribution of DYDX rewards, maintaining transparency and community oversight throughout the program.
Flare Networks Clarifies on Launched Spark Token Airdrop, Ripple XRP Shows No Signs of Bullish Revival
Flare Networks’ Spark token airdrop program launched officially on December 12, but there may be some misconceptions surrounding the official debut.
Compound Protocol Halts Supply of Four Tokens Due To Low Liquidity
Decentralized lending protocol Compound has decided to pause the supply of four tokens used as lending assets for collateral on the platform, including ncZRX, cBAT, cMKR, and cYFI.
Expobank Sets Precedent in Russia by Issuing the First Crypto-Backed Loan
Russian commercial bank Expobank has set the ball rolling in this nation by issuing a loan secured by crypto tokens, Waves crypto was used as collateral.
Enabling Innovation in Asset Management: SFC's Approach
Christina Choi of the SFC spoke at the Bloomberg Buy-Side Forum Hong Kong 2023, emphasizing the importance of balancing innovation with regulation in the asset management industry. She highlighted the SFC's ongoing work on guidelines for tokenization of investment products.
Magic Eden Halts BRC-20 Trading Temporarily Amid Ordinals Expansion
Magic Eden temporarily suspended BRC-20 trading on October 22, 2023, to ensure user protection until certain BRC-20 regulations were agreed upon. Earlier in June, the platform had extended support for BRC-20 tokens, diving deeper into the Bitcoin ecosystem. Following the halt, trading resumed on July 13, 2023, with a promotional reduction in listing fees to 0.1% for new BRC-20 tokens for a month.
Already Driving Real-World Crypto Usage, Gleec Team Launches New Exchange
The global crypto ecosystem only expands as users realize the real-world applicability of digital assets and distributed ledger technology. Alone, the worldwide blockchain market size projects to grow to $23.3 billion by 2023 hinged on an 80.2% compound annual growth rate. Market size totaled $1.2 billion in 2018.
Mythical Games Unveils Mythos Foundation DAO, Mythos Token to Democratize Web3 Gaming
Mythical Games enlisted 22 partner companies and several big-name advisors in an effort to bring decentralization to Web3 gaming through the launch of the foundation and the token.
End of Chainlink’s Bull Run? LINK Developers and Whales Dump Tokens
Chainlink (LINK) recently hit $20 on Binance and has surpassed Bitcoin Cash (BCH) by market capitalization before taking a dive.
Hong Kong's Crypto Rise: Harbinger for China?
Hong Kong's rising status as a crypto hub amidst regulatory amicability sparks speculations on China's evolving stance towards digital assets. The significant crypto activity in Hong Kong, combined with its thriving Over-The-Counter market, reflects a conducive environment for both institutional and retail crypto engagements. As Hong Kong continues to bolster its crypto market, it might be hinting at China's exploratory approach towards understanding and possibly embracing digital assets in the long term.
Hamilton Lane Tokenizes Funds to Offer Individual Investors Access Private Markets
Hamilton Lane is making three investment funds available to individual investors by tokenizing part of its $835 billion funds via a partnership with Securitize.
Decentralized Perpetual Exchange PairEx Announces Beta Trading Competition with Up to 8,888 USD ARB & PEX Tokens
PairEx.io, a decentralized perpetual exchange built on the Arbitrum network, is excited to announce its beta trading competition with a prize pool of up to 8,888 USD equivalent in ARB and PEX tokens. The competition, which is now live, offers traders the opportunity to showcase their trading skills and win lucrative rewards.
Wormhole Announces W Token Airdrop
Wormhole, a leading interoperability protocol, has unveiled its native token W and an airdrop to decentralize its network, reinforcing its commitment to the Web3 vision.
Has the DeFi Bubble Burst? Top DeFi Tokens Crash by 50%
The decentralized finance (DeFi) industry appears to be crashing, with DeFi tokens plummeting and dropping by 50% and more over the past seven days.
Blockchain-Focused Fund COSIMO X Acquires Seven-Figure Funding from RIT
COSIMO Ventures, an investment firm situated in Boston and Dublin, recently announced that the Rochester Institute of Technology (RIT) has endorsed them with a seven-figure investment.
Judge Denies Telegram's Appeal to Issue Grams to Non-US Entities, Says it's Too Late to Question SEC Jurisdiction
US Federal Judge P. Kevin Castel has denied Telegram’s request to issue its Gram tokens to overseas investors.
Understanding the Rise of Non-Fungible Tokens
Non-fungible tokens are currently garnering attention in the digital market. To verify their ownership and authenticity, NFTs use blockchain technology. They represent a wide variety of things, such as art, music, games, and even real estate. The concept of NFTs has gained popularity and acceptance. This article details the rise of NFTs and the potential benefits of investing in them.
BOCI and UBS Partner to Issue First Tokenized Security in Hong Kong
BOCI, a leading Chinese financial institution, has issued the first tokenized security in Hong Kong, reaching a milestone in digital finance.
Former FTX CEO Sam Bankman-Fried to Appear in court remotely
According to a Feb. 18 court filing, Sam Bankman-Fried has days to provide documentation to Voyager Digital's unsecured creditors committee.
OKX Announces Support for LSK Token Migration
Cryptocurrency exchange OKX is set to support the migration of LSK L1 tokens to LSK L2.
Bitfinex Securities Shaping Future of Investment with Tokenised Securities
Bitfinex Securities leverages tokenised securities, merging traditional investment instruments with digital assets to reshape investment paradigms.
Animoca Brands Announces Plan to Buy More EDU Tokens
Animoca Brands discloses its intent to acquire more EDU tokens from the open market.
EOS Network Approves New Tokenomics Proposal, Signals Growth for EOS
EOS Network Foundation's new tokenomics proposal aims to revitalize the EOS ecosystem.
GalaSwap Introduces Project Token Creation Tool for Custom Tokens
GalaSwap launches a tool allowing users to create custom tokens by burning $GALA and seeking community approval.
Chiliz (CHZ): Italy and Argentina Launch Exclusive Digital Collectibles to Celebrate Championship Legacies
Italy and Argentina unveil digital collectibles to celebrate their championship legacies.
OKX Supports ZK Token Migration to ZKJ with Detailed Plan
OKX announces support for ZK token migration to ZKJ at a 1:1 ratio, with specific arrangements for the swap.
Binance to Support Token Merge for Fetch.ai (FET), Ocean Protocol (OCEAN), and SingularityNET (AGIX)
Binance announces support for Fetch.ai, Ocean Protocol, and SingularityNET token merge into ASI.
OKX Completes Migration of ZK Token to ZKJ, Announces New Trading Pair
OKX has successfully completed the migration of ZK tokens to ZKJ. ZKJ/USDT spot trading will commence on June 17, 2024.
Chiliz (CHZ) Chain Unveils Dragon8 Hard Fork with Enhanced Tokenomics
Chiliz (CHZ) has launched the Dragon8 hard fork on its blockchain, introducing substantial technological improvements and a new tokenomics model.
Binance to List ZKsync (ZK) and Launch Token Distribution Program
Binance announces the listing of ZKsync (ZK) and introduces a token distribution program starting June 17, 2024. Trading pairs include ZK/BTC, ZK/USDT, ZK/FDUSD, and ZK/TRY.
EOS Network Unveils Major Tokenomics Overhaul in Recent X Space Event
The EOS Network Foundation reveals a comprehensive tokenomics overhaul, including significant reductions in EOS supply and new funding allocations.
OKX to Facilitate DORA Token Migration According to Dora Factory's Plan
OKX announces support for DORA token migration as per Dora Factory's official plan. Deposits and withdrawals are temporarily closed.
Comprehensive Guide to Token Swapping on GalaChain via GalaSwap
Learn how to use GalaSwap for seamless token swapping on the GalaChain network. Follow this detailed guide to create and find offers easily.
Animoca Brands' Motorverse Collaborates with Turbo Token to Enhance Ecosystem Engagement
Animoca Brands' Motorverse partners with Turbo Token to explore collaboration opportunities around joint marketing and interoperability.
Binance Converts BEAM, BCD, GO, NSBT, and SGB Balances to USDT
Binance has completed the conversion of BEAM, BCD, GO, NSBT, and SGB token balances to USDT, based on holdings as of December 26, 2023.
Naresh Nagia of Deloitte Discusses Tokenization and Financial Disruption
Naresh Nagia of Deloitte explores the impact of tokenization, DLT, and CBDCs on traditional banking in episode 117 of the Public Key podcast.
Ensuring Integrity: Secure LLM Tokenizers Against Potential Threats
NVIDIA's AI Red Team highlights the risks and mitigation strategies for securing LLM tokenizers to maintain application integrity and prevent exploitation.
Binance Launches Promotion to Share 20,000 USDC in Token Vouchers
Binance introduces a new promotion where users can share 20,000 USDC in token vouchers by depositing and trading selected AI tokens.
Binance Updates Monitoring Tag for Multiple Tokens Including BAL, CTXC, and CVX
Binance will extend the Monitoring Tag to include 11 new tokens and remove it from two tokens effective July 1, 2024.
Binance to Support Galxe (GAL) Token Swap and Rebranding to Gravity (G)
Binance announces support for Galxe (GAL) token swap, redenomination, and rebranding to Gravity (G), with key dates for trading and withdrawals.
OKX Completes AGIX Token Migration, Ends AGIX Deposits
OKX has successfully completed the migration of AGIX tokens and has ceased support for AGIX deposits, according to OKX.
Emerging Digital Asset Trends in Africa: A Closer Look
Explore the key digital asset trends in Africa, including the rise of cryptocurrency adoption, regulatory advancements, and the role of technology providers.
Astar Network Burns 5% of Genesis Allocation, Enhancing Tokenomics
Astar Network burns 350 million ASTR tokens, optimizing tokenomics and enhancing staking rewards.
Binance to Support Render (RNDR) Token Swap and Rebranding to Render (RENDER)
Binance announces support for the Render (RNDR) token swap and rebranding to Render (RENDER), delisting and reintroducing trading pairs on specified dates.
Exploring the Future of Asset Tokenization: Opportunities and Challenges
Asset tokenization is set to revolutionize the financial sector with an estimated value of $16 trillion by 2030. Discover the key insights and challenges.
OKX to Facilitate AGIX Token Migration to FET
OKX will support the migration of AGIX tokens to FET at a 1:0.43335 ratio starting July 1, 2024. Users are advised to follow the provided schedule.
SFC Issues Warnings Against Tokencan, VBIT Exchange, and HKD.com for Fraud and Unlicensed Activities
The SFC has issued warnings about Tokencan, VBIT Exchange, and HKD.com Corporation for suspected virtual asset-related fraud and unlicensed activities.
Flower Frenzy: New Telegram Game Offers Token Rewards for Gardening
Gala Games introduces Flower Frenzy, a Telegram clicker game where users plant flowers to earn token rewards. Start your gardening adventure today!
Understanding Closed-Loop Tokens: Enhanced Security and Customization
Closed-Loop Tokens (CLTs) offer enhanced security, compliance, and tailored functionality for specific applications, according to The Sui Blog.
OKX to Facilitate RNDR Token Migration to RENDER
OKX announces support for RNDR token migration to RENDER, following Render Network's official plan, with a detailed schedule.
Binance Launches New 'Learn & Earn' Program Offering W Token Rewards
Binance announces a new round of its 'Learn & Earn' program, allowing verified users to earn W token rewards by completing courses and quizzes.
IOTA Partners with Tokeny to Enhance Enterprise-Level Tokenization
IOTA collaborates with Tokeny to integrate advanced tokenization technology into IOTA EVM, boosting on-chain compliance and control.
Astar Network Completes 350 Million ASTR Token Burn
Astar Network successfully burns 350 million ASTR tokens, marking a significant milestone in optimizing the network’s tokenomics and enhancing sustainability.
Alchemy Pay Expands Support to Chiliz (CHZ) Chain and Fan Tokens
Alchemy Pay extends its fiat-crypto gateway support to Chiliz (CHZ) Chain and various Fan Tokens, enhancing fan engagement in sports and entertainment.
Understanding Tokens and the Vision Behind Mocaverse
Explore the purpose of tokens and how Mocaverse aims to revolutionize network effects in the Web3 ecosystem.
Binance Futures Launches Referral Campaign with Up to $100 in Token Vouchers
Binance Futures introduces an exclusive referral campaign offering up to $100 in token vouchers for new and existing users participating in the promotion.
Tokenisation: A Future-Ready Solution for Financial Markets, Says Bitfinex
Bitfinex argues that tokenisation is a crucial innovation for modernising financial markets, countering skepticism from traditional finance.
Binance Completes Render (RNDR) Token Swap and Rebranding to Render (RENDER)
Binance has successfully completed the token swap and rebranding of Render (RNDR) to Render (RENDER), opening new trading pairs and enabling deposits and withdrawals.
Wormhole Unveils Native Token Transfers (NTT) Framework for Seamless Cross-Chain Transactions
Wormhole introduces the Native Token Transfers (NTT) framework, offering a flexible, open-source solution for transferring tokens across blockchains, ensuring security and composability.
Comprehensive Guide to Token Design, Launch, and Rights Management
a16z crypto provides an in-depth guide on designing, launching, and managing token rights, covering essential strategies and best practices.
a16z Crypto Explores Token Best Practices and Emerging Trends
a16z crypto offers guidance on token best practices, financial models, and innovation ecosystems, while highlighting recent blockchain advancements in California.
Binance to Support Frontier (FRONT) Token Swap and Rebranding to Self Chain (SLF)
Binance announces support for Frontier (FRONT) token swap and rebranding to Self Chain (SLF), affecting trading pairs and futures contracts.
Turbo (TURBO): The AI-Driven Memecoin Revolutionizing Crypto
Discover Turbo (TURBO), an AI-driven memecoin project operating on the Ethereum blockchain with a community-centric approach.
Innovative Economic Model Introduced for App Tokens by a16z Crypto
a16z Crypto unveils a new model for cash flows in app tokens, aiming to enhance compliance and maximize protocol value.
Understanding Token Compensation: A Comprehensive Guide
Explore how tokens fit into compensation strategies, with insights on structuring grants, vesting schedules, and tax considerations.
Circle Proposes New Capital-Risk Framework for Stablecoins
Circle's top financial leaders introduce a risk-based capital framework tailored for stablecoins, addressing unique risks and operational challenges.
HKMA Unveils Project Ensemble Sandbox to Propel Tokenisation Adoption
The Hong Kong Monetary Authority (HKMA) has launched Project Ensemble Sandbox, focusing on accelerating the adoption of tokenisation in the financial sector.
Hong Kong SFC Endorses Project Ensemble Sandbox for Tokenisation Development
Hong Kong's SFC has launched Project Ensemble Sandbox, marking a significant step in the region's tokenisation development.
Binance Completes Frontier (FRONT) Token Swap and Rebrands to Self Chain (SLF)
Binance has finalized the Frontier (FRONT) token swap and rebranding to Self Chain (SLF). Deposits, withdrawals, and spot trading for SLF tokens are now available.
Exploring the Future of Real World Assets in DeFi
Tokenizing real world assets is transforming traditional finance by integrating physical assets into DeFi ecosystems, enhancing accessibility and efficiency.
Injective (INJ)Launches Tokenized Index for BlackRock's BUIDL Fund
Injective (INJ)introduces the first-ever tokenized index for BlackRock's BUIDL Fund, offering innovative on-chain financial instruments to users.
Exploring the TokenTimeLock Contract on BitTorrent Chain (BTTC)
Discover the TokenTimeLock contract on BTTC, a smart contract enabling secure, time-based token management for various blockchain applications.
Exploring Ethereum's Future: Tokenization Use Cases
Dive into the future of Ethereum (ETH) and explore the potential of tokenization in treasury products, private equity, NFTs, and more.
BNB Incubation Alliance (BIA) to Host Third Edition at Token 2049 Singapore
BNB Incubation Alliance's third edition will take place at Token 2049 Singapore, aiming to foster early-stage blockchain projects within the BNB Chain network.
Tokenize Xchange Partners with Animoca Brands, Secures Investment for Titan Chain
Tokenize Xchange has announced a strategic investment from Animoca Brands for its Titan Chain mainnet, enhancing its blockchain infrastructure and market reach.
Gala Games to Showcase Innovations at TOKEN2049 Singapore 2024
Gala Games will participate in TOKEN2049 Singapore 2024, presenting its vision for a decentralized future and exploring new partnerships.
BNB Chain Announces Voting for BIA Winner at Token2049 with $1,000 BNB Reward
BNB Chain invites participants to vote for the BIA Winner at Token2049, with a chance to share $1,000 in BNB rewards.
Tezos (XTZ) Shines at TOKEN2049 with Key Presentations and Events
Tezos made a significant impact at TOKEN2049 with keynotes, innovative showcases, and side events, highlighting advancements in Web3.
BitMEX Introduces POL Token Conversion Amid MATIC Migration
BitMEX now supports the conversion of POL tokens, enhancing the MATIC to POL migration process. Users can convert Tether to POL without fees or slippage.
BNB Incubation Alliance Announces Winners at Token2049 Singapore
BNB Chain reveals the winners of the BNB Incubation Alliance during Token2049 in Singapore, aiming to accelerate Web3 innovation.
NVIDIA GH200 NVL32: Revolutionizing Time-to-First-Token Performance with NVLink Switch
NVIDIA's GH200 NVL32 system shows significant improvements in time-to-first-token performance for large language models, enhancing real-time AI applications.
Highlights from Token2049: Injective's Dynamic Presence in Singapore
At Token2049, Injective (INJ)impressed with keynotes, panels, and engaging activities, showcasing its influence in the web3 space.
$MUSIC Tokenomics Revamp: Gala Music Introduces New Ecosystem Changes
Gala Music announces updates to $MUSIC tokenomics, introducing dynamic emissions, standardized node rewards, and removal of track rarities to enhance transparency and sustainability.
Binance to Convert Delisted Tokens to USDC: Impact on VAI, TORN, OMG, and More
Binance announces conversion of delisted tokens to USDC, impacting tokens like VAI, TORN, and OMG. Withdrawals available until October 28, 2024.
Bitfinex Lists NYM Token to Enhance Digital Privacy
Bitfinex announces the listing of NYM, a privacy-focused token from Nym Technologies, enhancing online security through decentralized mixnet technology.
Understanding Nym Tech (NYM): A Decentralized Privacy Solution
Nym Tech is a decentralized, privacy-focused project utilizing a mixnet to secure digital privacy through encryption and tokenized incentives. Discover how NYM tokens support its privacy infrastructure.
Immutable (IMX) Drives Web3 Gaming's Future at TOKEN2049
TOKEN2049 in Singapore highlighted Immutable (IMX)'s leadership in Web3 gaming, showcasing new business models and blockchain innovations, with a focus on mainstream adoption and global growth.
Is Bitcoin's Price at $10K Stable? Here are Some Factors that Could Influence BTC
Bitcoin's (BTC) price dropped below $10,000 on the weekend, which ended BTC's two-month streak of staying above $10K.
Bitcoin NFTs to Hit $4.5B Market Cap
Galaxy Digital's research unit predicts that the Bitcoin nonfungible token (NFT) market could reach a $4.5 billion market cap by March 2025 based on conservative estimations. The report also outlines bear and bull case scenarios for the market.
Animoca Brands subsidiary Darewise Entertainment Secures US$3.5M for Bitcoin Metaverse Ecosystem Token
Darewise Entertainment raised US$3.5 million via a token pre-sale on 17 October 2023, ahead of its Bitcoin metaverse ecosystem token launch, aimed at enhancing the development of its game Life Beyond. With significant backing from notable investors and strategic support from Horizen Labs for a 2024 token release, the project marks a substantial stride toward creating a Bitcoin-powered gaming metaverse.
Mastercard Unveils Interoperable CBDC in Australia
Mastercard, in association with the RBA and DFCRC, has demonstrated a groundbreaking interoperable CBDC solution to enhance Web3 commerce in Australia and beyond. The live demonstration showcased a pilot CBDC holder purchasing an NFT on Ethereum, utilizing Mastercard’s Multi Token Network, emphasizing the potential of blockchain interoperability in fostering secure and efficient digital commerce.
Over 50% Investors Look for more Alternative Investments for Next 12 Months, Survey Shows
Subject to escalating inflation, over 50% of investors are looking for more investment in alternative assets, Asset Tribe's survey suggests.ation
INX to Tokenize and List Casper Labs Equity on Regulated ATS Platform
INX Digital Company, Inc., a US-regulated broker-dealer, ATS, and transfer agent, announced on July 19, 2023, that it will tokenize and list the equity of Casper Labs, a leading enterprise blockchain software provider.
Chiliz (CHZ) Chain Announces Tokenomics 2.0 with Inflation Model and Burn Mechanism
Chiliz Chain introduces Tokenomics 2.0, enhancing utility and blockchain longevity with an 8.80% base rate and token burn mechanism, aiming for a minimum annual yield of 5.72% APY.
Optimism (OP) Conducts Private Sale of 19.5M OP Tokens
Optimism Foundation announces a private sale of 19.5 million OP tokens, initiating a two-year lockup period for governance participation, amid a positive market trajectory.
Constellation Network’s $DAG and $LTX Tokens Launch at LCX Exchange
LCX will provide a legal framework package for additional L_0 tokens and businesses.
Cryptos Confiscated from $4.2 Billion PlusToken Scam Likely Sold by Chinese Police, says Journalist Colin Wu
China’s crypto journalist Colin Wu believes that Chinese police have sold cryptocurrencies seized from the $4.2 billion PlusToken Ponzi crackdown.
StanChart and UnionBank of the Philippines Collaborate on PoC of $187 Million Blockchain-Powered Bond
The UnionBank of the Philippines and Standard Chartered have created a proof of concept required in the issuance of a blockchain-powered retail bond.
Singapore Regulator MAS is Exploring Use of Cases in Digital Assets
The Monetary Authority of Singapore (MAS) has launched Project Guardian, a sandbox initiative that is set to explore a number of defined use cases with respect to asset tokenization on the blockchain.
Crypto Art Sales are Soaring as Non-Fungible Token (NFT) Market Gains Traction
Crypto art being bought and sold as ERC-721 non-fungible tokens (NFT) has been making headlines based on the record-breaking sales being witnessed.
wBTC Supply Hits 9-Month Low After Major Burn
The supply of wrapped Bitcoin (wBTC) has hit its lowest point since May 2021 following a significant burn of 11,500 wBTC linked to Celsius. The current total supply of wBTC stands at 164,396, with a monthly growth rate of -7.39%. wBTC is an ERC-20 token that mirrors the value of Bitcoin and is pegged 1:1 with its price. It is managed by the decentralized autonomous organization wBTC DAO.
INX to renew Share and Token Repurchase Programs
INX announced the renewal of its normal course issuer bid (NCIB) to repurchase common shares and INX Limited's token repurchase program.
LINE Messaging App Launches Digital Asset Wallet and Blockchain Platform to Run Dapps and Tokens
LINE communications app recently launched a new blockchain digital wallet that can be used to manage various crypto assets.
KPMG Study Confirms US Consumers Are Ready to Use Blockchain Digital Tokens
Data don’t lie. New research from KPMG investigated how consumers feel about the application of blockchain digital tokens. It turned out that consumers believe that the blockchain-baked tokenization could significantly transform the way businesses interact with the public. But it emerged that most businesses have not embraced the new technology. Now, you can guess the implications.
Cryptex Finance to Launch NFT Index Token JPEGz in Q4
Cryptex Finance is set to launch a new JPEGz token powered by Chainlink and Coinbase Cloud.
Reddit to Discontinue Blockchain-Based Community Points Program
Reddit is discontinuing its blockchain-based Community Points program due to scalability issues, moving towards more scalable rewards programs. Despite initial promise, high transaction fees and bandwidth limitations on Ethereum led to a transition to Arbitrum Nova in 2022. However, scaling challenges persisted, prompting the phase-out by early November 2021. The termination caused a significant drop in associated token values. Reddit now focuses on other community incentive programs like the Moderator Rewards Program and the Contributor Program.
Sygnum Pioneers Treasury Tokenization with USD 50M Fidelity MMF Investment
Sygnum Bank breaks new ground by tokenizing USD 50M of Matter Labs' treasury reserves into the Fidelity Institutional Liquidity Fund, enhancing the synergy between traditional finance and crypto.
CoinGecko Hit by Phishing Scam
CoinGecko, a cryptocurrency data aggregator, experienced a security breach in January 2024, exposing its vulnerability to phishing scams and highlighting the need for robust security measures.
KuCoin's Emphasis on Self-Regulation and User Security Highlighted at TOKEN2049
Alicia Kao, KuCoin's Managing Director, discussed the challenges and opportunities of cryptocurrency exchanges during the TOKEN2049 panel. She highlighted the importance of self-regulation and KuCoin's strict security protocols. KuCoin, a leading global exchange, has a user base of 29 million and endorses over 750 projects. The panel provided valuable insights into the crypto industry's future direction.
Brazil’s Securities Market Regulator Targets Mercado Bitcoin over Token Sale
Brazil's regulator has ordered Mercado Bitcoin, the largest local crypto exchange, to provide information on fixed-income tokens the exchange has issued over the last two years.
Coindesk May Be Sold as Parent Company DCG Struggles
CoinDesk may sell. Digital Currency Group (DCG), its parent firm, looks to be struggling financially. DCG has received many bids over $200 million for the media group in recent months.
CyberConnect Fully Responsible for Proposal Fueling CYBER Token Manipulation Rumors
CyberConnect has retracted a proposal aiming to optimize CYBER liquidity across Ethereum, Optimism, and BNB Chain, citing rumors of CYBER token manipulation and market control. The revised proposal will focus on a bridge for free CYBER movement, undergoing a multi-day voting period and security audit.
CoinFlex Issues New Token by Offering 20% Annual Return amid Halting Withdrawals
CoinFlex has announced plans to raise funds by issuing a new token that will offer a 20% annual return while the exchange is still halting their withdrawals service, according to a report from Bloomberg.
FC Barcelona Fan Tokens Worth $1.3 Million Sold Out in Two Hours
FC Barcelona Fan Tokens (BAR) got sold out barely 2 hours after it went live on sale. With BAR, fans all over the world will be more engaged in the decision at the club.
Christie’s Auction House Sells NFT Crypto Art ‘Block 21’ for Over $130K
One of the most prestigious auction houses in the world, Christie’s has sold a digital portrait of the Bitcoin (BTC) code “Block 21” for over $130,000.
Coinbase and Binance.US Will Support Flare Network's Spark Token Airdrop, Ripple's XRP Price Could Dip
Crypto exchanges Coinbase and Binance US have lent support for the Flare Network's Spark Token airdrop sending XRP price slightly higher.
Arcade fighting game Battle of Olympus to launch presale for GODLY token on Arbitrum on March 27
Battle of Olympus, an arcade street fighting game, is set to launch the first phase of its presale for its in-game currency $GODLY on Arbitrum on Monday, March 27.
Facebook Moving Further Away From Libra, But Considering its Own Digital Token System
Facebook is now considering developing a system of digital tokens, pegged to different government-issued currencies including the US dollar and the euro. The new plan will still include Libra, although Libra Association, separately, will continue its work on the stablecoin pegged to a basket of global currencies.
OKEX Suspends Withdrawals Causing a Bitcoin and OKB Token Price Plunge
OKEx has caused a mild selling panic in the crypto markets after suspending withdrawal services to cooperate with an investigation with the BTC price plunging nearly 3%.
Solana's SOL Price Predicted to Surpass $3000 in Bullish Scenario by 2030
VanEck's analysis suggests Solana could reach significant valuation by 2030 due to its technical innovations and user-focused applications. However, challenges like financial sustainability, technical stability, and developer adoption need to be addressed for this potential.
What Ripple Thinks of Flare Networks, as Whether Tokens Already Minted for Spark Token Airdrop Questioned
Ripple’s CEO Brad Garlinghouse expressed excitement for what the smart contract utility fork Flare Networks had in store.
Tokens.com Corp Launches Hulk Labs, Focusing on GamFi and NFT
Toronto-based publicly-traded Blockchain technology company Tokens.com Corp has launched Hulk Labs, a platform focusing on Crypto gamefi and NFT investment.
First Ever Blockchain-Based IPO Launches on National Stock Exchange
The shares are available on the MERJ exchange platform as well as through broker-dealer Jumpstart and crypto custodian Prime Trust, which are both based in the US and via Globacap.
Asset Tokenization to Expand into $16.1M Business Opportunity by 2030: BCG, ADDX Report
Asset tokenization will expand into a US$16.1 million business opportunity by 2030, according to a report published by BCG and ADDX.
Animoca Brands subsidiary Forj Unveils $APE Accelerator to Boost ApeCoin Ecosystem
Forj, under Animoca Brands, has inaugurated the $APE Accelerator to bolster the ApeCoin ecosystem. The accelerator is now open for applications, inviting innovative Web3 projects to leverage the platform and connect with a substantial ApeCoin community. The initiative underscores a community-driven approach to enhance the utility and value of ApeCoin.
Telecommunications Giant Deutsche Telekom Invests in Blockchain Payments Platform Celo
Deutsche Telekom, a German-based telecommunications company, has entered the crypto space by investing in Celo, a San Francisco-based blockchain payment platform that offers crypto on mobile phones.
Sui Network Redirects Additional 40M SUI, Totaling 157 Million
The Sui Foundation has redirected an additional 40 million SUI tokens towards ecosystem and community development, adding to the previous 117 million SUI, making a total of 157 million SUI. This reallocation aims to bolster the DeFi ecosystem of Sui Network, which has shown a significant uptick in total value locked, marking over 100% increase in the last two months. The initiative follows a series of remarkable achievements by Sui, underscoring its commitment to fostering a robust ecosystem for decentralized applications and financial protocols.
TemDAO World Heritage Project Helps the Cultural Sector through Democracy-Fueled Donations
TemDAO is a world heritage project that seeks to protect and preserve cultural assets through donations and democracy. The project, powered by the $TEM token, ensures the long-term sustainability of global cultural sites.
Binance Fan Token Announces PORTO Trading Competition
Binance Fan Token has launched the PORTO Trading Competition, offering users the chance to trade on PORTO spot trading pairs and earn up to $750 in PORTO Gift Cards. New users can also receive a $5 PORTO Gift Card for registering using the "PORTOTC" referral code or link, totaling $7,500.
Bitcoin and Ethereum Prices Unaffected Despite $150M Hack Suffered by KuCoin
Bitcoin and Ethereum prices have been reported to be unaffected by the security breach that impacted coin exchange KuCoin and that resulted in a loss of $150M.
Universal Carbon UPCO2: World’s First Carbon Off-Set Token Now Tradable on Uphold Platform
Universal Carbon (UPCO2), the world’s first tradable carbon token is available on Uphold to trade or to offset corporate carbon footprints, each token representing 1 ton of CO2
Sushiswap Founder Transferred Control of the Project to FTX's CEO, What's Behind This Event?
Chef Nomi, the founder of decentralized exchange SushiSwap, has tranferred the SushiSwap control to FTX CEO. What's behind the event and Who is Chef Nomi?
Winklevoss Backs Ethereum DeFi Craze, Despite Crypto Downtrend and Market Experts' Concerns
With speculations that the decentralized finance (DeFi) industry is rapidly approaching bubble territory, the Winklevoss twins have vouched for the contrary, saying that the current DeFi craze is a revolution in the making.
PancakeSwap's CAKE Token Skyrockets by Over 50%
PancakeSwap's CAKE token experienced a 50% surge in a week, thanks to strategic token burn and a new supply cap proposal, marking a significant DeFi milestone.
Binance Accelerates LUNC Burn, Fuels Market Optimism with Over 49 Billion Tokens Burned
Binance's recent burning of 5.57 billion Terra Luna Classic tokens has significantly reduced LUNC supply, leading to a 7% increase in LUNC and USTC prices.
Ethereum 2.0 Testnet to Launch: Can the Blockchain Network Keep Up With the Surge in Demand?
With the number of transactions on Ethereum recording an all-time high and shooting up over the past few months, crypto experts are speculating on whether the network can keep up with the high demand whether its scalability is reliable enough.
Fan Token Issuing Startup Socios.com Receives Italian Regulatory License
The sports-based fan token market has surpassed $440 million since football fans' blockchain app Socios.com announced it has received regulatory approval from the Italian government, up 97% from the previous month.
Donald Trump's NFT Success Unveils Former President's Crypto Ventures
Former U.S. President Donald Trump has made significant strides in the NFT market, as revealed in a recent financial disclosure form submitted to the Office of Government Ethics.
SushiSwap CEO Proposes New Token Model
SushiSwap's CEO, Jared Grey, is leading a community proposal to revamp the platform's tokenomics, aiming to improve reward efficiency, recalibrate incentives, and diversify revenue streams.
Dave Portnoy Offers to be The Savior of Bitcoin and Chainlink (LINK), Angering Crypto Twitter
After declaring that he may be quitting crypto trading altogether, Dave Portnoy is now hinting that he will “save Bitcoin and crypto.”
FTX Japan users withdraw funds amid litigation
Due to the large number of FTX-SBF victims, payment is projected to take time.
Token vs Coin: What's the Difference?
Crypto coins and tokens are two common but distinct types of crypto. Let’s explore the distinctions, creation processes, and roles within the crypto ecosystem.
FSB 2024 Agenda: Strengthening Crypto Regulation and Embracing AI"
The Financial Stability Board (FSB) has announced its 2024 Work Programme, focusing on crypto regulation, AI, and digital innovation, aiming to enhance global cooperation and stability in finance.
SNX and AAVE Prices Remain Stable Amid Bitcoin Driven Market Dip
Despite the ongoing market correction, DeFi tokens Synthetix Network Token and Aave maintains stable price momentums.
VP Bank Partners with Metaco for Digital Asset Custody Services
VP Bank has teamed up with Metaco to enhance its digital asset custody and tokenization operations. The partnership will allow VP Bank to leverage Metaco's Harmonize platform for asset minting, burning, and storage.
All You Need to Know About the Silicon Valley Cryptocurrency
The rising popularity of cryptocurrency has contributed to a revolution in the digital currency industry. Currently, a U.S based venture capital firm, Andra Capital, has announced its desire to introduce its own Silicon Valley cryptocurrency to leverage its business. It is interesting to see that the company has joined the list of other enterprises like JPMorgan Chase, Arias Intel Corp, Facebook, and others that have created or in the process of creating cryptocurrencies they call their own.
Metacade Token Sale Advances to Stage 6 with $9.3m Sold and Only 2 Stages Left
GameFi arcade project Metacade has continued to see a phenomenal response to its MCADE token presale, with 5 stages selling out and an impressive $9.3m raised to date. This leaves only two rounds before the presale closes and the hotly anticipated token finally lists on public exchanges.
FTX's Sam Bankman-Fried Urges 'Federal Oversight of Crypto'
FTX co-founder and Chief Executive Officer Sam Bankman-Fried said some tokens could be classified as securities and those that are not, urging a federal oversight of the crypto industry.
UEFA Champions League Winners FC Bayern Munich Embrace Ethereum Blockchain for Tokenization
FC Bayern Munich, is the latest entrant in the Ethereum-based fantasy soccer game platform called Sorare, which leverages non-fungible tokens.
PSG and Juventus Fan Crypto Token Prices Surge as Binance Listing Goes Live
Binance has just listed the crypto fan tokens of football giants Juventus and Paris St-Germain—both the JUV and PSG tokens have immediately recorded a token price surge.
Ways DeFi is Changing Finance and its Stand in 2020
Decentralized finance (DeFi) is the bridge between traditional centralized currency and decentralized cryptocurrencies like Bitcoin, Ethereum. Here's how it's changing finance.
Swiss-Based SEBA Bank Launches Tokenized Gold Services for Clients
Switzerland-based digital banking service provider, SEBA Bank AG has launched tokenized gold services for its customers.
Ondo Points Program Launches
Ondo Foundation's new Ondo Points program and ONDO token unlock plan mark significant steps in community engagement and token utility in the DeFi sector.
Hedera Mainnet Exploited, Leading to Theft of Liquidity Pool Tokens
Hedera Hashgraph has confirmed a smart contract exploit on its mainnet, resulting in the theft of liquidity pool tokens from decentralized exchanges (DEXs) that use code derived from Uniswap v2 on Ethereum. The suspicious activity was detected when the attacker attempted to move the stolen tokens across the Hashport bridge, leading operators to temporarily pause the bridge. The exact amount of tokens stolen is unknown, and the Hedera team is working on a solution to remove the vulnerability.
Curve Founder Michael Egorov Withdraws Near 12 Million CRV Tokens
Michael Egorov, the founder of Curve Finance, withdrew nearly 12 million CRV tokens, equivalent to $5.08 million, from the platform's vesting contracts on October 12, 2023. This move aligns with the vesting schedule of CRV, enabling Egorov to claim $235,000 worth of CRV daily.
Altcoin Watch: Top 3 Tokens for Better Entry- QNT, HT & AR
The combined crypto market cap was down 0.31% and pegged at $921 billion. With the seemingly bearish trend, here is a brief rundown of altcoins entering the new week with an impressive weekly performance.
Bybit to List OBX Token on Bybit Launchpad 2.0
Crypto exchange platform Bybit has announced plans to list the inaugural BloxVerse platform token OBX on Bybit Launchpad 2.0.
FLUUS Announces $FLUUS Token Presale On FantomStarter Launchpad
Crypto payment startup FLUUS announced it will be conducting a presale of its native token $FLUUS on the FantomStarter launchpad. The token will be available to buy at a discounted rate on the platform from May 2 - 23, with whitelisting available until May 17, before it becomes available to trade publicly on major cryptocurrency exchanges from May 24 onwards
UNICEF to Commemorate its 75th Anniversary of Changing Children’s Lives by Selling 1,000 NFTs
To celebrate efforts of saving children's lives and defending their rights for seventy-five years, UNICEF intends to sell 1,000 data-driven NFTs.
Henry Cheng's owned Knight Dragon to Issue 100,000 Tokens for Luxury Real Estates in London
Hong Kong property tycoon Henry Cheng's owned Knight Dragon announced Tuesday that it plans to issue 100,000 security tokens, named KDB4 for investors to invest in real estate items in London.
ApeCoin Experiences Sharp Price Surge on South Korean Exchange
Yuga Labs' ERC-20 token ApeCoin (APE) experienced a brief surge in price on the South Korean cryptocurrency exchange Upbit, with prices reaching $90.00 per token before a sell-off reduced most of the gains. The spike was attributed to retail frenzy and trading restrictions on the exchange.
South Korean Gaming Giant Wemade Faces $41 Million Tax Bill for Crypto Operations
South Korean gaming firm Wemade faces a $41 million tax bill for its crypto operations, highlighting the complexities of regulatory compliance in the blockchain gaming industry.
Over 3.4m Sweatcoin Crypto Wallets Created since Launch of SWEAT Token in April
Sweatcoin has seen the creation of over 3.4 million crypto wallets via its mobile application since the company announced the SWEAT crypto token last month.
How Triffic is Gamifying Advertising for Local Businesses
Entering the world of cryptocurrency can be a daunting prospect for newcomers, with several practical and psychological barriers to overcome. Most people who’ve heard of Bitcoin are aware of its notorious volatility, and in some cases, of negative headlines associated with cryptocurrencies, such as the risk of hacks and losing private keys.
Privately Issued, Regulated Digital Crypto Might Better than CBDC, Says Australian Central Bank
Australian central bank boss admits that private digital tokens could be better and their benefits will be enhanced if regulatory arrangements are made right.
How Kaspersky Protects Investors During Token Sales in 7 Ways
In the exclusinve interview with Blockchain.News, Yeo Siang Tiong, General Manager for Southeast Asia at Kaspersky shares the latest trend on cybersecurity threats in crypto fundraising and how Kaspersky's solutions can protect investors in 7 ways.
Superstate Gains $14m in Series A Led by Distributed Global and CoinFund
Superstate, an innovative asset management firm, has secured a $14 million Series A financing round, aiming to expand its team and launch private funds for institutional investors.
Token Metrics CEO: Bitcoin Price Increase to $26k likely, $32k Possible, and $40k Outlandish
Bitcoin's market rise today is historic, with the price currently sitting at over $21,770 we are officially in uncharted territory - At what price level will the BTC bulls rest?
Ripple XRP Down 7%, 3 Reasons Why Its Price Will Pull Back Slightly Before Surging Ahead
Ripple’s XRP token outperformed other altcoins throughout the crypto market’s bull run, but in the last 24 hours, it has pulled back by 7%.
XLM Price Surges as Ukraine Selects Stellar Lumens for CBDC Development
Stellar network’s native token XLM has soared by approximately 30 percent in a day, following the news that Stellar will partner with Ukraine to develop CBDC.
Nigeria Plans to Regulate Digital Asset Platforms
Nigeria’s SEC is considering new regulations for digital asset platforms, allowing licensed digital exchanges to list tokens backed by certain assets. Cryptocurrencies like Bitcoin and Ether will not be among those assets. Nigeria aims to register fintech firms as digital sub-brokers, crowdfunding intermediaries, fund managers, and tokenized coins issuers. Crypto exchanges will not be registered until the central bank provides clear regulations.
R3 Highlights the Transformative Potential of Tokenization in Finance
R3, a leading enterprise blockchain software firm, discusses the transformative potential of tokenization in the financial sector. The company emphasizes the need for regulatory frameworks and industry standards to unlock the full benefits of digital assets. According to a June 2023 report from Bernstein, $5 trillion in assets could be tokenized in the next five years, offering significant opportunities for market participants.
Crypto Project Baer Chain Has Been Classified as a Ponzi Scheme by the Chinese Police Department
The police department of the Haizhou district in Lianyungang, a coastal city in China published a notice on " information verification and registration of investment members of the Baer Chain case” on June 15. According to the notice, the project has been classified as a Ponzi scheme.
Ripple Whales With at Least 10 Million XRP Reach an All-Time High as Spark Token Airdrop Looms
With the Spark token airdrop by Flare Networks scheduled for tomorrow, Ripple addresses holding more than 10 million tokens broke the record at 339.
Hong Kong Monetary Authority Sets Regulatory Standards for Tokenized Products
The Hong Kong Monetary Authority (HKMA) has released a circular outlining regulatory standards for institutions selling and distributing tokenized products, aiming to promote innovation, ensure consumer and investor protection, and promote due diligence, transparency, and risk management.
To Criminalize or Not to Criminalize Bitcoin and Crypto? Moscow Reconsiders
The State Duma is discussing its legislative plans regarding Bitcoin and cryptocurrency usage and has been reported to seemingly have a change of heart regarding digital assets adoption in Russia.
Binance Launches Referral Promotion for African Users with 17,500 USDT in Token Voucher Rewards
Binance is launching a new referral scheme targeting users in the Africa region, offering a reward pool of 17,500 USDT in token vouchers. The promotion runs from September 18 to October 2, 2023, and requires users to register and complete KYC within the promotion timeframe. The rewards will be distributed within 20 days post-promotion.
South Korean Police Raid Bithumb Crypto Exchange For Second Time in BXA Token Fraud Case
Bithumb, the largest crypto exchange in Korea has been raided for a second time in five days by the South Korean police.
Experts Suggest Merely Tokens Might Survive after LUNA's Collapse
Major market players have explained the key to the future of cryptocurrencies. However, some of them suggest only merely tokens might survive after LUNA's event , taking reference to the bubble outbreak of Dot-Com's collapse.
Singapore's MAS Blacklists ImToken Wallet for Unlicensed Operations
Singapore's MAS has blacklisted ImToken, a crypto wallet provider, for lack of a financial license, citing its role as a decentralized, self-custodial wallet for investor protection and market stability.
Spanish LaLiga League Joins Hands With Sorare to Launch NFTs for all Players
Spanish LaLiga league has teamed up with Ethereum-based fantasy soccer game platform Sorare to establish non-fungible tokens (NFTs) for all its players.
Women in Blockchain: Sam Shrager of BCB Group
The Women in Blockchain Series describes the journeys of some of the pioneer women driving initiatives and changing the nature of work by leveraging this revolutionary technology.
Third Co-Founder of Centra Tech Pleads Guilty for $25 Million ICO Fraud
It has recently been announced that the third co-founder of Centra Tech has agreed to plead guilty for his role in the $25 Million Initial Coin Offering (ICO) Scam his cryptocurrency firm was involved in.
UBS and OSL Pioneer Hong Kong's First Ethereum Tokenized Warrant
UBS AG, in collaboration with OSL Digital Securities, introduces Hong Kong's first tokenized warrant on the Ethereum blockchain, marking a landmark moment in financial innovation and blockchain adoption.
South Korea's FSC to Submit Two Crypto-Related Acts to National Assembly
According to Newsis on July 13, the People's Power Party and the Financial Services Commission of South Korea are planning to submit amendments to the Electronic Securities Act and the Capital Market Act to the National Assembly within this month.
Ripple Gains Major Payments Institution License from Singapore's Monetary Authority
Ripple, a leading enterprise in blockchain and crypto solutions, has secured a Major Payments Institution (MPI) license from the Monetary Authority of Singapore (MAS). This follows the in-principle approval granted to Ripple in June 2023. The license will enable Ripple to continue offering regulated digital payment token services in Singapore, a key market for the company.
Astar Network (ASTR) Announces Tokenomics 2.0 with Enhanced Burning Mechanism
Astar Network, a leading blockchain platform in Japan, has unveiled its Tokenomics 2.0 strategy, focusing on creating sustainable growth for its native token, ASTR.
Bitcoin Price and Crypto Market Analysis: Opportunities or Risks Ahead?
Analysis of why the Bitcoin and crypto market going up and potential opportunities and risks ahead.
Bitcoin and the Crypto Market Could Go Down Again—Market Recap and Price Analysis
Both the stock and crypto market could go down, the bitcoin price appears ready to drop.
Global Currency Organization Launches New USD Stablecoin USDD
The Global Currency Organization (GCO) has launched a new USDD token, a US dollar-backed stablecoin, intended for revenue sharing in institutions.
SEC Finalizes Lawsuit Against the Founder and CEO of Fraudulent ICO
The US Securities and Exchange Commission (SEC) has revealed that it has received a final judgment in a US district court action against Eran Eyal, the CEO and founder of Shopin token offering for carrying out an allegedly fraudulent ICO.
Former Bithumb Chairman Lee Jeong-hoon Faces 8-Year Prison Sentence in Appeal
Former Bithumb Chairman Lee Jeong-hoon faces fraud charges over botched deal with BK Group Chairman Kim Byung-gun, awaiting an 8-year sentence, impacting governance and crypto industry regulatory landscape.
5 Charged for Hydro Token Market Manipulation
The US Department of Justice has charged five individuals for conspiring to manipulate the market in relation to an alleged scheme involving the Hydro (HYDRO) token. The charges include conspiracy to commit securities price manipulation and wire fraud, with potential penalties ranging from five years to 20 years in prison. The alleged manipulation of the Hydro token price resulted in the co-conspirators making an approximate total of $2 million in ill-gotten profits. In addition, Hydrogen Technology Corporation and former CEO Michael Ross Kane were ordered to pay $2.8 million in remedies and civil penalties in a separate case brought by the Securities and Exchange Commission.
Singapore High Court Approves iSanctuary's Use of NFTs for Financial Investigations
In a legal first for Singapore, the High Court has granted permission to UK-based financial investigation firm Intelligent Sanctuary (iSanctuary) to use nonfungible tokens (NFTs) in tracking and freezing assets related to a hack. The NFTs, created in partnership with Mintable, will serve as a warning to counterparties and exchanges and enable real-time tracking of transactions from the compromised wallets.
Celsius May Repay Customers With Wrapped Assets
Executives at Celsius Network are proposing to pay back customers by issuing new wrapped assets to trade on other platforms, a new leaked recording revealed.
Ethereum PoW Fork Token Price Drops Over 60% A Day after Mainnet Launch
ETHPoW was trading as high as $60.68 on Thursday morning after the merge, but on Friday the new token experienced a huge plunge.
Swiss SIX Receives Regulatory Approval to Launch Digital Token Exchange
Switzerland’s SIX Digital Exchange (SDX) is launching its digital asset market that is open to firms seeking to list their securities for traders and inverts to acquire shares of the underlying companies.
Celsius Creditors Seek Help from Bankruptcy Judge to Uncover Potential Market Manipulation
Celsius creditors are requesting subpoenas to uncover suspicious trades of CEL token on FTX between April and August 2022, seeking to determine if they were legitimate or constituted market manipulation. This information could be crucial in resolving disputes related to Celsius' bankruptcy. Meanwhile, FTX is pending approval to sell LedgerX for approximately $50 million.
Ethereum’s Perpetual Swaps Open Interest Hit a Two-Month High
The latest surge in the crypto market has made Ethereum’s perpetual swaps open interest to hit a record-high.
Japan Advances LLC-Type DAOs: Easing Tokenized Membership Rights Regulations
Japan proposes amendments to ease regulations on tokenized membership rights for Decentralized Autonomous Organizations (DAOs), aligning tokenized rights with traditional company memberships, marking a significant step towards fostering DAO operations.
Binance to Cease Support for Leveraged Tokens by April 2024
Binance announces the cessation of support for leveraged tokens by April 2024, urging users to adjust their holdings and trading strategies in light of the upcoming changes.
Uniswap’s UNI Price Drops by 30%, but DeFi Protocol Still Winning
Uniswap’s very own UNI dropped by more than 30% over the weekend, plummeting from its all-time high of $8.39, according to data from CoinMarketCap.
Arbitrum Foundation Proposes Control of $1 Billion in ARB Tokens
The proposed "special grants" program on the Arbitrum blockchain, which would allocate 750 million ARB tokens worth nearly $1 billion to the centralized Arbitrum Foundation without input from token holders, has caused community concerns.
US SEC Commissioner Proposes 3 Year Securities Law Exemption for Crypto Projects
United States Securities and Exchange Commission (SEC) Commissioner Hester Peirce has doubled down on her recent suggestion to provide decentralized network developers a safe harbor and has now submitted a formal proposal.
FTX debtors report over $4 billion in scheduled assets
FTX debtors have reported over $4 billion in scheduled assets among various company silos as of November 2022 in a filing with the United States Bankruptcy Court. The report revealed that Alameda Research held the majority of scheduled assets but had "potentially material claims that have been filed as undetermined," while the data surrounding cryptocurrency holdings or transactions was limited.
What are NFTs?
A non-fungible token (NFT) is a special type of encrypted token that represents unique things such as encrypted art, digital collectibles, and online games.
DLA Piper: Security Tokenization in Hong Kong
Security tokenization is the representation of fractional interests in an asset using blockchain. A security token derives its value from an underlying asset, such as a work of art. This differs from a utility token, which gives a holder the right to use a particular product or service, or a cryptocurrency such as Bitcoin, which has its own value as a currency.
Bringing Bitcoin to Ethereum: Wrapped Bitcoin Surpasses $1 Billion in Total Value Locked
Decentralized finance (DeFi) keeps booming as one of its Bitcoin tokenization protocols recently skyrocketed by 900% in a span of two months.
Arbitrum's Governance Token Return Proposal Rejected
A proposal to return 700 million ARB governance tokens to Arbitrum's DAO Treasury was rejected by 84% of the total votes received. The proposal was introduced after the Arbitrum Foundation transferred funds without community approval in March.
CITD to Issue HK$100 Million Bonds Utilizing Blockchain
China Information Technology Development Limited (CITD) (HKEX: 8178), a leading technology company specializing in AI and cloud technologies, has announced its plan to issue HK$100 million worth of Bonds using distributed ledger technology (DLT). The proposed issuance aims to revolutionize the bond market by leveraging blockchain and smart contract technologies.
Germany’s Financial Regulator Warns Binance Over Stock Token Offering
Germany's financial regulator BaFin has warned Binance that it may be violating European securities laws with the introduction of its stock token trading.
US Blockchain Firm Ripple Considers Relocation to UK and Singapore for Better Crypto Regulatory Clarity
Ripple CEO explains why he is considering UK and Singapore as potential countries to move blockchain firm Ripple's operations to.
Binance.US To Delist AMP following SEC’s Claim Token as Security
Binance.US has announced that it will delist AMP following last week’s news that the SEC mentioned the token as a security.
$2 Million Worth of Cryptocurrency Lost in Dexible Hack
One of Dexible's founders lost $50,000 in bitcoin.
Binance.US Preps Ripple XRP Holders for Spark Token Airdrop, Over 81,500 XRP Accounts Ready for Tomorrow’s Snapshot
Binance.US, the US-based cryptocurrency arm of Binance, has been all over the Spark token airdrop despite announcing support at the very last minute.
Emirates Airline to Roll Out Bitcoin Payment and Enter the Metaverse
To optimize customer satisfaction rates, Emirates Airline has revealed plans to adopt advanced digital solutions, such as cryptocurrency, metaverse, and blockchain.
Binance Coin Unseats Tether to Become The Third-Largest Crypto As it Soars To a New All-Time High
Binance Coin (BNB), the native cryptocurrency of the Binance exchange, has just unseated Tether (USDT) as the third-largest crypto by market cap.
Crypto Token Backed by $25M Diamond Ponzi Scam Flagged by DoJ
The US Department of Justice charged a Florida native with wire fraud, for soliciting investors in a diamond-backed cryptocurrency Ponzi and investment scam.
Coinbase Rolls Out AI-Driven ERC-20 Scam Token Detection System
Chief Legal Officer Paul Grewal unveils Coinbase's ERC-20 Scam Token Detection System, combining smart contract auditing with machine learning to tackle crypto scams. Disclosed on October 6, 2023, this initiative enhances security and trust in token listings on the platform.
Bitcoin Ordinals Creator Casey Rodarmor Expands Ecosystem with "Runes"
Casey Rodarmor, known for his innovative Bitcoin Ordinals, has introduced a new fungible token protocol for Bitcoin called "Runes." The protocol aims to simplify user experience and could bring significant advantages to Bitcoin, despite the controversial reputation of fungible tokens.
Bybit Launches $BIT Token Listing
Singapore-based cryptocurrency exchange Bybit announced its first token- “$BIT”on its Bybit Launchpad platform.
KuCoin Becomes the First Centralized Exchange to Start Offering NFT ETFs
KuCoin said the launch of its ‘NFT ETF Trading Zone’ aims to improve the liquidity of NFT assets and lower the investment threshold of major NFTs to its over 20 million users.
Hydrogen Technology Corporation Settles Crypto Manipulation Lawsuit
Hydrogen Technology Corporation and its former CEO, Michael Ross Kane, have settled a lawsuit brought against them by the Securities and Exchange Commission (SEC) for alleged cryptocurrency price manipulation. The settlement requires the firm and Kane to pay $2.8 million in remedies and penalties. The SEC alleged that Kane used Hydrogen's market maker, Moonwalkers Trading Limited, to manipulate the volume and price of its ERC-20 token, Hydro (HYDRO).
Decentralized NFT Marketplace Sudoswap To Launch Ethereum Token Airdrop
The launch of the Ethereum airdrop token will enable Sudoswap to reward its active users and raise awareness of its native tokens.
Thailand's Mystic Valley Music Festival To Receive Payment Via its Minted MYST Tokens
Thailand's Mystic Valley music festival will be accepting payment for tickets from attendees through its own native MYST tokens.
Exclusive | FUSANG CEO: CCB’s $3 Billion in Blockchain-Based Debt Bonds is Rise of Crypto 2.0
According to FUSANG CEO Henry Chong, the CCB's historic blockchain-based bond listing, the first tranche of $3 billion in debt, marks a transition into what he calls “Crypto 2.0”
Ethereum Accounts for Nearly Half of the Trading Volume on Top Exchanges
Ethereum accounts for almost half of the trading volume on top exchanges compared to a quarter a year ago.
Ripple's Colombia Real Estate Tokenization Project Halts as New Govt Takesover
Ripple's project to register real estate on blockchain in Colombia is facing a crisis after a new government came into power.
NFT Surpasses Crypto and Ethereum in Google Searches
To show their trendiness, NFT Google searches have surpassed those of Ethereum and crypto, according to Google Trends.
ShareRing Enhances Digital Identity Solutions by Merging ShareToken
ShareRing, a blockchain-based ecosystem providing digital identity solutions, announced to merge ShareToken (SHR) into the Ethereum and Binance networks through a Multichain swap.
DeFi Token Price Analysis: COMP, SNX, and UNI
This week in crypto, a DeFi Token Price analysis of COMP, SNX and UNI taking into account the prediction of technical indicators and the overall crypto market.
Metropoly Pre-Sale Raised 300k After Releasing Beta
The Metropoly presale for the METRO token has started successfully, with seven stages sold out and only three remaining. The METRO token presale started at $0.033 and will launch at a fixed price of $0.1. Metropoly has already managed to raise over $300,000 in its presale. The blockchain-based project aims to transform the real estate industry's operations, bringing it into the digital age.
BRC-20 Bitcoin Tokens Surpass $1 Billion Market Cap
BRC-20 Bitcoin tokens reached a market capitalization of $1 billion, with notable tokens like ORDI, NALS, VMPX, PEPE, and MEME experiencing price variance of between +11% and -55%. The token standard uses Ordinals and Inscriptions to manage token contracts, minting, and transfers on the Bitcoin blockchain.
Binance Stops Trading Of Stock Tokens amid increasing Global Regulatory Scrutiny
Binance has announced that it will suspend providing digital versions of stocks such as Coinbase, Apple, and Tesla, a time when the exchange faces rising pressure from regulators across the globe.
$134 Million Deal Closed By Real Estate Company Using Blockchain in Switzerland
Switzerland has just recorded one of its first real estate tokenization and sale on the blockchain. The asset involved in this transaction is a building sitting on the prestigious Bahnhofstrasse in Zürich.
Harmony Plans to Mint billions of New ONE Tokens for Reimbursement
Harmony is planning a hard fork to mint billions of new harmony (ONE) tokens to reimburse victims of its bridge hack last month.
Flowcarbon Postpones Token Launch amid Crypto Market Downturn
FlowCarbon announced that it has postponed the launch of its token due to slowing operations triggered by the current difficulties in the market.
BRC-20 Tokens Surge in Popularity as Traders Flock to Bitcoin's Latest Token Standard
BRC-20 tokens, the latest token standard on the Bitcoin blockchain, have seen a surge in popularity as traders and investors embrace the novel fungible token. With a market capitalization of over $1 billion and a total trading volume of $207.7 million in the past 24 hours, BRC-20 tokens like ORDI, NALS, VMPX, PEPE, and MEME have experienced significant price variance.
Steamboat Willie Enters Public Domain, Inspires NFT and Meme Coin Craze
The public domain's "Steamboat Willie" Mickey Mouse version has sparked the creation of popular NFTs and meme coins, marking a new era in digital art and copyright freedom.
Ethereum Miner Balances Hit a 50-Month High as ETH Leads in NFT Sales
Ethereum (ETH) miners have seen their holdings go through the roof to the tune of $1.85 billion.
MahaDAO Shares Details of Staking Program That Delivers 40% APY
MahaDAO, the crypto collateralization and valuecoin minting protocol, is to launch a staking program for its native governance token. Holders of MAHA, which was issued to the community in an Initial DEX Offering (IDO) last week, will be able to stake their assets for a 90-day period and earn a yield of close to 40%.
South Korean Car Dealer Launches NFTs to Reduce Paperwork Costs
Han Sung Motor, a South Korean imported car dealer, has rolled out non-fungible tokens (NFTs) to offer customers a secure and convenient experience because they can check car details using their smartphones.
Tether CTO Asserts $XAUT as the Digital Resurgence of the Gold Standard
Paolo Ardoino, Tether's CTO, recently discussed the role of Tether Gold ($XAUT), Bitcoin, and gold in the evolving economic landscape.
Australia Announces 'Token Swap' Campaign to Accelerate Crypto Regulation
Australian federal government will implement a “token mapping” exercise to inform future regulation of the country’s crypto assets, laying the groundwork for “determining how crypto assets and related services should be regulated.”
Telegram Tells US Investors to Leave TON Blockchain Project and Take 72% Refund
Telegram now says US investors won’t get 110% refund and tells them to leave its blockchain TON project.
Fantom Foundation Lowers Staking Threshold to 50,000 FTM
Fantom Foundation has reduced its validator staking requirement from 500,000 FTM to 50,000 FTM, aiming to boost network security and accessibility, following a June 2023 governance vote.
Cardano's Goguen Rollout Could Directly Compete with Ethereum with its New Smart Contract Implementation
Cardano’s Goguen era, which marks the next period after Shelley, will be the era of implementing smart contracts and enabling decentralized applications (Dapps) on the network. The Goguen era is Cardano’s third development phase, which is expected to start in the third quarter of 2020 with the release of its testnet.
Italian Soccer Giant Juventus Embraces Blockchain Technology
In a move widely celebrated by fans, Juventus Football club of Italy enters into a licence agreement with blockchain based fantasy football company, Sorare.
THORChain Pauses Network Amid Reports of Vulnerability
THORChain has temporarily halted trading due to a potential network vulnerability, causing its native token, Rune, to fall 5% in value.
Filecoin Creator Dismisses Miners Strike and says the Allegations are “Nonsense”
Filecoin creator, Juan Benet recently took it to Twitter to deny the allegations against the protocol’s miners’ strike one day after its launch.
Scorpion Casino Launches Exciting Easter Promo with 40% Bonus Token Offer
Scorpion Casino kicks off an enticing Easter promotion, offering a staggering 40% additional tokens with purchases using the code EASTER40, amidst a successful pre-sale campaign.
Klaytn Adds Huobi to Growing Blockchain Governance Council
Klaytn has announced that Huobi has signed on as the latest member of its Governance Council for South Korean internet giant Kakao’s public blockchain project.
China's Supreme People's Procuratorate Examines Legal Issues of NFTs Amid Booming Digital Economy
China's Supreme People's Procuratorate has turned its attention to the legal challenges associated with non-fungible tokens (NFTs), amidst the booming digital economy, according to an announcement made on its website.
BitGo Secures MPI License Approval in Singapore
BitGo has received in-principle approval for a Major Payment Institution (MPI) license from Singapore's MAS, allowing it to expand its crypto services in the region. This aligns with Singapore's robust regulatory standards and BitGo's commitment to security in digital asset transactions.
Russian Banking Giant Sberbank and S7 Airlines to Streamline Air Ticket Purchase with Virtual Tokens
Sberbank, Russia’s biggest bank, and S7 Airlines are set to revamp the sale of air tickets with virtual tokens, smart contracts, and a blockchain platform.
EIDOS Token Airdrop Causes Congestion Problem in EOS Blockchain Network
Blockchain congestion is a serious issue in the cryptocurrency industry. Several networks suffer from this problem regularly.
Nexo Allocates Additional $50M to Long-standing Token Buyback Initiative
Crypto lending platform Nexo has approved periodic repurchases of its NEXO token for up to $50 million.
Embattled Korean Crypto Exchange Bithumb May Be Acquired by Huobi
As interest mounts up toward the acquisition of Bithumb, Huobi Global is named as one of the favorite candidates to take up ownership of the exchange.
Ethereum-Based Wallet MetaMask Adds Token Swaps to Its Features
MetaMask recently announced a new add-on to its browser which can facilitate decentralized finance (DeFi) transactions for Ethereum-based tokens.
Ethereum's Vitalik Buterin Teases "Soulbound Tokens" for Decentralized Society
In projecting what the future holds, Vitalik Buterin, the face of the project has teased about the emergence of “Soulbound Tokens (SBTs).”
Token Management Platform Magna Raises $15.2M
Magna has raised $15.2 million at a $70 million evaluation. The funding round for the token management platform was led by venture capital firms Tiger Global and Tusk ventures.
KeyFi Announces Native Token Listing on ApeSwap DEX
KeyFi, an AI-Powered DeFi aggregator platform backed by SelfKey Credentials, is listing its native token, KEYFI, on decentralized exchange ApeSwap.Finance.
EY, Microsoft and ConsenSys Create a Platform For Enterprises on Ethereum Mainnet
Global accounting firm EY have launched their open-source Baseline protocol which aims to address privacy issues to encourage enterprise adoption of public Ethereum.
Binance Launches Football Fan Token Index Perpetual Contracts Ahead of FIFA 2022
Binance is offering its customers another trading opportunity by launching football fan token index perpetual contracts. The new product is set to help users make the most of market conditions.
Hong Kong Regulator SFC Warns ICOs as Unauthorized Investment Schemes
The Hong Kong Securities and Financial Commission have issued a warning to the public to beware of unregulated investment schemes, such as digital tokens and initial coin offerings (ICO).
Signum Digital Receives Approval for Security Token Offering Platform
Signum Digital, a joint venture of Coinstreet and Somerley, has received approval-in-principle from Hong Kong Securities and Futures Commission for its security token offering platform called CS-Pro. The platform will allow investment in tangible assets such as private equities, real estate, art, and collectibles.
TOKEN2049 is Back for 2020, Examining What’s Next for the Crypto Industry
TOKEN2049, the premier crypto conference in Asia, will be returning to Hong Kong this year on 17-18 March 2020 at Shangri-La’s Kerry Hotel. As the flagship event of Asia Crypto Week, TOKEN2049 will bring together leading projects as well as key decision makers and thought leaders throughout the blockchain space.
Velas 3.0 Is Coming: Here's What You Need to Know
Velas (VLX), a platform designed to address the scaling and usability challenges seen by other blockchains, is on the verge of releasing by far its largest update to date — with the impending launch of the Velas 3.0 ecosystem.
Belt and Road in Hong Kong: the Emergence of Digital Gold in IoT
A US dollar global economy has led to the underwhelming volume of growth of Chinese goods being traded among the Belt and Road countries and corridors since the initiative began in 2013. GoldZip is the exciting new digital tool allowing countries to barter goods based on their digital gold values.
NFT Sales Slide to a 12-Month Low Amid Crypto Meltdown
The bloodbath in the crypto market has contributed to sales in the non-fungible token (NFT) sector slipping to a 12-month low, according to crypto analytic firm Chainalysis.
Australian Football Club Perth Glory FC to be Tokenized by New Owners London Football Exchange
Sports clubs and cryptocurrency, will this lead to a new method of ownership in global sports?
Are Blockchain and Tokenization the Holy Grail in Eradicating Wealth Inequality?
Blockchain and tokenization could prove to be ideal in fighting the wealth inequality challenge as they can break the vicious cycle of wealth inequality by prompting ownership of high-performing asset classes. This will enable any person to invest and partially own lucrative assets, such as commercial real estate.
OpenTrade and WOO X Unite to Offer Tokenized T-Bills to Asian Investors
OpenTrade collaborates with WOO X to unveil access to tokenized T-Bills for Asian investors. This partnership, leveraging Circle Research’s Perimeter Protocol, is a response to the escalating demand for tokenized T-Bills over DeFi yields. Concurrently, WOO X advances its strategic footprint in South Korea, aligning with CODE compliance solutions to broaden its product accessibility in the region.
Worldcoin Project Launches: Aiming to Democratize Economic Opportunity in the Age of AI
Worldcoin Foundation launches project to democratize economic opportunity in the AI era. The protocol includes World ID, Worldcoin token (WLD), and World App.
Marketlend Launches New Stablecoin Against the Australian Dollar for Security Token Purchasing
Marketlend creates a digital currency to be backed by the Australian dollars to create a secondary market for corporate loans prompting a means through which assets can be tokenized over the blockchain.
KYC on Exchanges Powerless Against PlusToken Ponzi Scammers According to New Report
The PlusToken Ponzi scheme operators are using regulated KYC compliant exchanges to dump their cryptocurrency according to an updated report by investigative firm OXT Research.
OPNX to Launch FatManTerra Justice Token, Airdropping to LUNC and LUNA Holders
OPNX has announced the imminent launch of the FatManTerra Justice Token. This move comes in response to the commencement of legal proceedings against FatManTerra by several parties.
Enjin Launches NFT-Focused Blockchain, Migrates Native Token and Merges Efinity Token
Singapore-based Enjin, a pioneer in the blockchain ecosystem for Non-Fungible Tokens (NFTs) and digital assets, has launched the Enjin Blockchain.
Huobi Token Breaches $29.54 - What's Next?
Huobi Token (HT) hit a record high of $29.54. What should we expect from the token in the upcoming days?
iFinex Proposes $150 Million Share Buyback from Bitfinex Hack Victims
iFinex, Bitfinex's parent company, plans a $150 million share buyback to re-acquire shares given as compensation for a 2016 hack. The offer follows a valuation surge from $120 million in 2016 to $1.7 billion, providing an exit route for investors. Shareholders have until October 24 to respond to the buyback offer.
Arbitrum Community Seeks Return of 700 Million ARB Tokens
The Arbitrum community has proposed the return of 700 million ARB tokens to its DAO Treasury after the Arbitrum Foundation transferred the funds without community approval. The proposal requires the foundation to return the tokens before proceeding with its budget plan, and voting ends on April 14.
Digital Currencies and Tokenization Might be a Dominant Factor in the Future, says DBS CEO
Piyush Gupta, the CEO of Singaporean multinational banking corporation DBS, believes that the digital currencies and tokenization of assets is now a reality, which might be a dominant factor in the future.
1inch Network Raises $175M in Private Token Sale, Building DeFi Products for Institutional Investors
1inch Network, a renowned decentralized exchange aggregator, announced it had completed its Series B funding round, where it raised the sum of $175 million.
Visa Reports Record-Breaking Cryptocurrency Thefts in 2022
Visa's biannual threat report reveals that over $3 billion was stolen in cryptocurrency thefts in 2022, with token bridges being a common target. The report also details a phishing campaign targeting crypto exchanges.
Bitcoin’s Dominance Skyrockets as Market Capitalization Tops $1 Trillion
On-chain metrics provider Santiment believes Bitcoin’s dominance and price have been driven by a surge in token circulation.
Crypto Whales Load Up on XRP, Anticipation for a Surge to $0.30 Escalates
Ripple (XRP) prices have risen by more than 2% in the past 24 hours on CoinGecko, kickstarting the week with a bang.
Sablier Labs Secures $4.5M Seed Funding to Revolutionize Token Streaming
Sablier Labs announces a successful $4.5M seed funding round led by prominent crypto investors to enhance its innovative token distribution platform.
SEC Fights Telegram on Gram Token Sale at US Court Battle
The cryptocurrency and blockchain community have been closely watching the court case between the United States Securities and Exchange Commission and Telegram over the legality of the latter’s $1.7 billion token offering.
Ahead of The Ripple (XRP) SEC Court Date, Flare Network Declares its Support
The Flare Network has stated that it is not associated with Ripple, but believes XRP is a virtual currency and not a security despite the United States SEC alllegations.
Leading Sneaker MarketPlace Sets Foot in the Metaverse to Spur Innovations
The Edit LDN, a global sneaker marketplace based in London, has entered the metaverse by developing a premium store to drive its innovation a notch higher.
Ripple Whale Moves 40 Million XRP to Bitstamp Crypto Exchange After Being Dormant for Years
Blockchain analytics picked up an unusual Ripple transfer of 40 million XRP.
Arbitrum's ARB Token Airdrop Triggers OTC Trading
The announcement of the ARB token airdrop by Arbitrum Foundation has triggered over-the-counter (OTC) trading of the unreleased tokens. ARB marks Arbitrum's official transition into a decentralized autonomous organization (DAO), giving ARB holders the power to vote on key decisions governing Arbitrum One and Arbitrum Nova. The airdrop will grant 11.5% of the total supply to eligible Arbitrum users and 1.1% to DAOs in the Arbitrum ecosystem.
Bancor 3 Integrates Over 100 Tokens to Enhance DeFi Liquidity
Bancor 3, a DeFi liquidity solution by decentralized trading protocol Bancor, has incorporated more than 100 tokens, such as USD Coin (USDC), Polygon (MATIC), and Enjin (ENJ), for more sustainable and safer DeFi yields through community sourcing.
Nifty Launches First USD-Based NFT Exchange Backed By Winklevoss Twins
Nifty, a centralized USD-based exchange for non-fungible tokens (NFTs), has announced that the Nifty Gateway 2.0 upgrade is live as of March 17.
The Thrill Behind Non-Fungible Tokens
A non-fungible token (NFT) is a digital asset whose ownership is blockchain-based, and its value is pegged on its uniqueness. Some of the most common use-cases of NFTs include event tickets, game items, digital collectibles, software licensing, digital certificates, in-game props, authentication certificates, and domain names.
WWE Plans to Release the Undertaker NFTs Ahead of WrestleMania 37
The World Wrestling Entertainment (WWE) has announced that it will release non-fungible tokens (NFTs) featuring the Undertaker ahead of WrestleMania 37, which will run today and tomorrow at Raymond James Stadium, Tampa, Florida.
OKB Token Price Rises Over 10% on News of OKEx Exchange Founder’s Release
Circulating rumors of OKEx exchange founder Mingxing “Star” Xu’s release from the custody of Chinese authorities has seen the OKB token surge over 10% today.
Binance's BNB Chain Fusion: Merging BEP-2 and BEP-20 for Enhanced Efficiency and Security
Binance's BNB Chain Fusion plans to unify BEP-2 and BEP-20 chains by April 2024, enhancing security and efficiency. Users must transfer BEP-2 and BEP-8 tokens to BEP-20 to preserve assets.
AML BitCoin Lobbyist Abramoff to Pay $55K in Convicted Guilt Plea for ICO Fraud
In the civil case filed against Jack Abramoff for his role in the 2018 Initial Coin Offering (ICO) scandal, the AML BitCoin lobbyist is expected to pay $55, 000 in disgorgement and interest for his conspiracy in fraud.
VTB Bank's Subsidiary Tokenizes Commercial Debt in Landmark DFA Transaction
Russia’s state-owned bank VTB's subsidiary, VTB Factoring has completed the country’s first commercial paper tokenization through a partnership with Lighthouse, an information system operator and startup.
TON Developers Threaten to Go Rogue and Launch Network as Telegram Battles SEC Lawsuit
While the US Securities and Exchange Commission (SEC) may have temporarily succeeded in stopping the launch of Telegram’s TON network, can they really stop open-source technology?
Can Ripple’s XRP Price Surge to $1.00 With the Upcoming Spark Token Airdrop?
Since the huge increases it recorded last month, XRP has since pulled back. Will Spark token's airdrop trigger XRP's price surge to $1.00?
EgenLayer's Airdrop Plan Raises Concerns Over Token Distribution Equity
EigenLayer, the second-largest DeFi protocol with $15.952 billion in total value locked, recently announced its native token's stakedrop. However, the distribution details have sparked disappointment and criticism within the crypto community. This article explores the allocation strategy, criticisms, and potential implications for EigenLayer.
DekaBank to Launch Blockchain-Based Tokenization Platform
German asset management DekaBank is cooperating with Metaco to build a tokenization platform but won't trade Bitcoin.
Arbitrum Foundation Under Fire for Selling ARB Tokens Before Budget Ratification
The Arbitrum Foundation sold ARB tokens before the community ratified the organization's budget, leading to a governance crisis. The Foundation used the tokens for the DAO's operational purposes. The situation calls into question the efficacy of the community governance model and the power dynamics of centralized organizations in decentralized ecosystems.
FUSANG Exchange Announces CCB $3 Billion Digital Bond Listing Suspended
FUSANG exchange announced that the listing of the $3 billion digital bond backed by China Construction Bank has been suspended.
UK's Advertising Authority Orders Arsenal to Remove "Misleading" Fan Token Ad
The United Kingdom’s Advertising Standards Authority ordered Arsenal FC to remove fan token ads from their official Facebook account and website, accusing the football club of “misleading” investors.
PlusToken Crypto Scam Masterminds to Serve 11 Years in Prison
The ringleaders of the PlusToken Ponzi Scheme have been charged with 11 years of prison after they stole cryptocurrencies worth 14.8 billion yuan.
Klaytn's Governance Council: Bringing Enterprises and Institutions Together on Blockchain
In part 1 of our interview with Zachary Keats of Klaytn, Kakao’s blockchain development arm, we explored Klaytn and Kakao’s dominance in the online and digital community in South Korea. Although Kakao gives Klaytn a large audience and participant pool in South Korea, what other attributes does Klaytn have that makes it an exceptional blockchain?
NFT Mania Grips The Market As Hashmasks Emerge
While Bitcoin’s market capitalization passed $1 trillion for the first time ever on Feb.19, the Non Fungible Token (NFT) market has been growing at a pace like never before as well. A NFT is a special kind of crypto token which represents a wide range of tangible and intangible items from sports cards or collectibles, art and even real estate.
Ethereum Tapped by Reddit to Bring Blockchain and Scaling Technology to the Online Forum
Ethereum will be leveraged by Reddit, bringing blockchain technology to the online network for the first time ever through their partnership.
Visa Rolls Out Creator Program to Empower Artists with NFTs
Payment giant Visa has launched an initiative dubbed Visa Creator Program intended to help filmmakers, artists, fashion designers, and musicians revamp their businesses through non-fungible tokens (NFTs).
PlayDapp's $31 Million Hack: A Blow to Blockchain Gaming Security
PlayDapp, a prominent NFT marketplace, experienced a security breach, resulting in the unauthorized minting of $200 million PLA tokens, worth $31 million.
AmeriCoin - The Pathway to Monetary Freedom, Tokenization and the American Dream?
Is cryptocurrency the tool to achieve the “American Dream”? Adam Kokesh, the leading libertarian candidate of the 2020 U.S. presidential race has revealed the plan to develop AmeriCoin cryptocurrency. The development of AmeriCoin will be led by Alastair Caithness, the Chief Blockchain Policy Advisor appointed by Kokesh.
New Meme Coin DigiToads (TOADS) token to list on BitMart Exchange
The crypto market has been red hot recently. Bitcoin (BTC) ripped past $30,000, Ethereum (ETH) staking withdrawals will go live, breaking the $2,000 price point whilst Bitcoin (BTC) dominance dropped while its price climbs means it might be the beginning of an altcoin season.
Ethereum Supply Diminishes to a Record Low Amid ETH Breaking the Record at $4,400
Ethereum’s record-breaking surge is being attributed to diminished supply and high token circulation.
NFT Market Facing Persistent Selling Pressure
Recent data shows that throughout April, the NFT market has had more sellers than buyers, indicating a potential lack of demand for NFTs.
Australian Taxation Office Clarifies CGT on DeFi and Crypto Wrapping
The Australian Taxation Office has issued guidelines on the capital gains tax implications for decentralized finance activities and crypto token wrapping, following a recent security breach.
Astar Network Publishes Tokenomics 2.0: A New Approach to Inflation, Fees, and dApp Staking
Astar Network unveils Tokenomics 2.0, introducing dynamic inflation, aligned transaction fees, and enhanced dApp staking for sustainable growth.
Oddity Tech Ltd Launches Security Token Offering to Democratize Investing
Oddity is innovating its offerings to keep up with the changing users’ expectations.
Aston Martin & Alfa Romeo Launches Fan Tokens as the First F1 Teams
Formula One (F1) racing teams Aston Martin and Alfa Romeo reportedly become the first F1 teams to issue fans tokens of crypto on the Socios.com platform.
Uniswap v4 Aims to Dominate Long Tail Asset Market
Uniswap plans to deploy version 4 of its decentralized exchange, aiming to capture long tail assets and small capitalization tokens, enhancing its current offering.
SL Benfica to Launch Fan Tokens through Partnership with Socios.com
SL Benfica is on track to launch its fan tokens as it has inked a very promising partnership with blockchain startup Socios.com.
Panda DAO to Refund Investors as it Explores Protocol Dissolution
Panda DAO, a Decentralized Autonomous Organization, is putting forth a proposal to dissolve its treasury and repay its investors if the proposal is passed.
Wrapped Tokens Issued by FTX or Alameda Slumps, No Longer Redeemable
Following the filed Chapter 11 bankruptcy from FTX, the wrapped tokens issued by the crypto exchange or its sister trading shop Alameda Research have now undergone a price decline.
HashKey Group Partners with HKMA on Groundbreaking wCBDC Project
HashKey Group collaborates with HKMA on a wCBDC initiative to revolutionize interbank settlements and tokenized asset management.
Trustlessly purchasing an NFT on Flare using the token of a different blockchain.
The layer-1 for data, Flare, just completed a live demonstration of new interoperability functionality now available in beta on the network. Using two core interoperability protocols, State Connector and Flare Time Series Oracle (FTSO), an NFT was trustlessly purchased with the transaction taking place on a different chain using a different token. The demo was performed on Flare’s canary network, Songbird, with the purchase made using DOGE and XRP tokens.
South Korean Police Raid Bithumb Crypto Exchange Headquarters On Fraud Allegations
South Korean Police have raided the headquarters of Bithumb cryptocurrency exchange as part of an investigation into fraud.
LINE to Offer BTC, ETH for Payment Options and Introduce token in March
Messenger app LINE is considering adding cryptocurrencies to its payment options and officially launching its native LINK token (LN) in March.
HSBC to Issue Digital Bonds to Institutional Investors through Tokenization Platform
Multinational banking giant HSBC has revealed plans to issue digital bonds to corporates and financial institutions through its new proprietary tokenization platform called HSBC Orion.
Ripple Labs Breathes Sigh of Relief as Federal Judge Wants XRP Token Holders to Present their Views
US district judge Analisa Torres has finally rejected the SEC’s appeal against letting XRP holders intervene in the ongoing legal case.
SEC Charges Crypto Project Unikrn $6.1M for ICO Violations
The Securities and Exchange Commission (SEC) has charged Unikrn for conducting an unregistered initial coin offering of its native token, UnikoinGold (UKG).
Russian Banking Giant Sberbank to Tokenize Financial Assets Using Stablecoins
Sberbank, Russia’s biggest bank, has disclosed the possibility of issuing tokens to be utilized in digital financial assets (DFA) settlements. The token will be in the form of a stablecoin to be pegged to the nation’s currency, the Russian ruble.
Avalanche Launches Avaissance to Boost NFT Ecosystem
The Avalanche Foundation has announced the launch of Avaissance, an initiative aimed at supporting digital artists and growing the Avalanche NFT ecosystem. The program includes an Artist in Resident program for over 50 artists and the Mona Lisa Initiative to curate digital art and expand the collections of art-focused DAOs. In other news, Ticketmaster has announced a new feature, token-gated ticket sales, allowing artists to reward NFT holders with exclusive benefits. Popular NFT artist Patrick Amadon withdrew his work from a major auction house to protest a lack of female representation. Sony Interactive Entertainment filed a patent for a framework allowing users to transfer and utilize NFTs across multiple game platforms.
China-Based Crypto Ponzi Scheme Generates $1 Billion Before Being Flagged
A cryptocurrency Ponzi scheme was reported by Chinese law officials, but not before fraudsters reaped more than $1 billion profit from it.
Ninety Eight Launches $25M Ecosystem Fund to Boost Web3 Startups in Asia
Ninety Eight, transitioning from Coin98 Finance, has launched a $25M Ecosystem Fund to support Web3 startups in Asia, leveraging the Viction blockchain and $C98 token.
Once Upon a Time in Blockchain: The Reinvention of Storytelling
Storytelling is a timeless craft. From early human art in caves around the world, to the complexity of Egyptian hieroglyphics, people have been crafting and telling stories for millennia. Now, blockchain has emerged as the next platform to create and tell stories on.
Institutional Investors Seek Tokenization Solutions
Institutional investors are seeking solutions for easy implementation of tokenization to improve liquidity for global assets expected to reach $145.4 trillion by 2025. Polygon has been working with global players such as Hamilton Lane, which has already tokenized part of its $824 billion assets under management, and JPMorgan, which executed its first cross-border DeFi transaction on the Polygon network.
ChangeNOW Hits 250 Supported Crypto Assets
ChangeNOW announces that the overall number of assets supported by the exchange exceeded 250 after listing 27 tokens this summer.
Hong Kong Crypto Exchange OSL Opens Institutions Investment in Security Tokens
OSL offers sales of security tokens to institutional investors after receiving a Type 1 license from the SFC. The offerings enable investors to own digital assets pegged to financial assets indirectly.
Coca-Cola to Launch First-Ever NFT Collectibles to Honor International Friendship Day
Coca-Cola has partnered with Tafi, a leading designer of avatars and digital wearables, for the company’s first-ever non-fungible token (NFT) to celebrate International Friendship Day to be held on July 30.
THORChain (RUNE) Price Soars After Multicoin Capital’s Heavy Investment
Multicoin Capital has made an unusual move by betting big on THORChain (RUNE), a digital currency that is not widely acclaimed like BTC
Security Token Market Launches 1st Tokenized Crowdfunding Campaign
Global leader of media and data for tokenized assets Security Token Market (STM) launches the first tokenized crowdfunding campaign that supports Web3 governance.
Grayscale Pairs with Coindesk Index to Launch DeFi Fund and Index
Grayscale Investments has made a move to launch a new DeFi fund and index with Coindesk Index. Grayscale said that the new DeFi fund would give investors the ability to invest in the DeFi protocol.
tZERO Partners With Alliance Investments to Tokenize $25M Real Estate Project in UK
tZERO has announced that it has collaborated with Alliance Investments for the sole aim of tokenising River Plaza worth around $25 million.
Team behind Friendsies NFT project refutes claims
NFTs Friendsies denies departing NFT after being called a "hard rug."
BNB Chain's Red Alert Flags 191 High-Risk Projects
Binance's BNB Chain has added 191 new high-risk projects and decentralized applications (DApps) to its weekly red alarm list. The list is based on smart contract assessment and includes projects suspected of issuing fake tokens, having high tax fees, or malfunctioning websites or Twitter handles. The alert is aimed at helping users research before investing, and does not represent the risk level of the underlying DApp projects.
Sygnum Singapore Secures MPI License from MAS
Sygnum Singapore’s acquisition of a Major Payment Institution Licence from the Monetary Authority of Singapore comes amidst a wave of similar regulatory approvals by entities like Coinbase, Blockchain.com, and Crypto.com. This development broadens Sygnum's service offerings and positions it strongly in a competitive yet regulated digital asset market landscape in Singapore, thereby potentially attracting a wider segment of institutional clientele.
Ripple's CBDC Team Reveals Real Estate Tokenization
Antony Welfare, Ripple's CBDC adviser, recently participated in a fintech conference in Central and Eastern Europe (CEE), where he presented two groundbreaking use cases. One of these is the tokenization of real estate, a concept that is rapidly gaining momentum as a potential future for the real estate industry, as he claimed
Crypto Assets Conference 2023 (CAC23A) | March 29 to March 30, 2023 | Frankfurt School of Finance & Management
As crypto jargon makes its way into everyday business, Bitcoin and Ethereum disrupt the traditional understanding of currencies and the use of DeFi in traditional banking is increasingly inevitable - the world of digital assets evolves and matures in unprecedented style. With Web3 having the ability to revolutionize how society interacts and tokenization transforming the concept of ownership, blockchain technology has more use cases than ever before. Increasingly, established industries adapt to these use cases and a future without digital assets becomes unthinkable.
Vitalik Buterin Sceptical About DeFi Yield Farming, Compares It to US Federal Reserve Money Printing
Vitalik Buterin has criticized the yield farming craze observed from the DeFi sector, comparing it to the US Federal Reserve’s mass printing strategy.
Why Google Chrome Is Losing Market Share to Cryptocurrency-Powered Brave Browser
Google Chrome is losing some of its customers to the new Brave browser primarily because of the latter's privacy by default model and BAT token incentive.
Litecoin And Atari Bring the Highly Anticipated Atari Token to The Market
US videogame producer Atari has partnered with Litecoin to facilitate cryptocurrency usage and payments across its gaming ecosystem.
HSBC to Initiate Institutional Digital Assets Custody Service in 2024
HSBC plans to launch a digital assets custody service for institutional clients in 2024, partnering with Metaco to expand its digital offerings to include tokenised securities.
Proposal to Return ARB Tokens to Arbitrum DAO Treasury Rejected
A proposal seeking the return of 700 million ARB governance tokens to Arbitrum's DAO treasury was rejected after receiving only 14.5% of the total votes. The proposal called for the foundation to return the tokens as a symbolic gesture to demonstrate the DAO's control over the governance holders. The rejection comes amid a dispute between Arbitrum's community and foundation over its governance proposal AIP-1.
Hong Kong's SFC Sets 2024-2026 Agenda: Emphasis on Tokenization and Virtual Asset Innovation
The SFC’s Strategic Priorities for 2024-2026 focus on enhancing Hong Kong's financial sector by maintaining market resilience, boosting global competitiveness, embracing financial innovation, and improving institutional resilience.
Reddit $MOON Tokens Can Now Be Sold For Fiat
This weekend, a Reddit user posted instructions on how to withdraw $MOON tokens and turn them into cash.
Metis Launches The First-Ever Community-Minted NFT
Blockchain company Metis has announced today a launch of the first-ever community-minted non-fungible token (NFT), called “Rebuilding the Tower of Babel.”
OKEx Founder Star Xu Arrested After Crypto Exchange Suspends Withdrawals
Following the sudden suspension of OKEx's withdrawal services, it has been reported that the exchange's founder Star Xu has been taken into police custody.
Blockchain Platform Owned by Russia’s Richest Man Gets Greenlight to Tokenize Air Tickets
Vladimir Potanin, arguably the richest man in Russia, has been granted permission to offer digital tokens to book air tickets, purchase metals, and transfer ski passes using his blockchain platform dubbed Atomyze. The much-needed go-ahead was given by the nation’s central bank last week based on Potanin’s urge to tokenize commodities from a consumer perspective.
FC Barcelona Enters the Crypto Space with Blockchain-Propelled Fan Engagement Platform
FC Barcelona, one of the most successful and envied football clubs in the world, has joined hands with Chiliz, a fintech firm, in the provision of a blockchain-powered fan-engagement platform.
ConsenSys Proposes Tokenization to Leverage Impure Public Goods
People generally understand that human-made public goods—highways, airports, libraries—will incur some economic costs which must be recovered through some sort of fee, toll or charge. It is apparent, however, that the general public gives little thought to the actual policy decisions made in cost recovery schemes or the impact of cost recovery methodologies on the efficient allocation and utilization of these resources for the assets. ConsenSys proposes a tokenized model to better sustain and enhances public resources.
OKEx Announces Support for Spark (FLR) Airdrop as XRP Holders Prepare for Token Distribution
OKEx has joined other digital asset exchanges in announcing support for the upcoming Spark (FLR) token airdrop.
How Are Uniswap’s UNI Governance Tokens Taxed?
Uniswap the popular decentralized exchange recently awarded members its UNI tokens. But what do holders need to know about paying tax on UNI governance tokens?
BIS and Global Central Banks to Explore Asset Tokenization in "Project Agora"
The BIS collaborates with major central banks to study asset tokenization's potential to enhance the monetary system and cross-border efficiencies.
Santander Bank to Offer Loans Backed by Tokenised Crop Products
The Argentinian offshoot of Spanish multinational financial services company, Banco Santander, is on track to start offering a loan product to farmers with tokenized agricultural-based products.
Ethereum Gathers Cybersecurity Team Dedicated to ETH 2.0 Final Testnet Launch
With the launch of Ethereum 2.0 testnet set to be released today on August 4 at 1 pm UTC, the Ethereum Foundation has been looking to build a security team that will be responsible for maintaining ETH 2.0.
Ripple CTO Assesses XRP as a Bridge Cryptocurrency Between CBDCs, Stablecoins, and Fiat
Ripple’s CTO David Schwartz discussed the key role Ripple (XRP) tokens and other cryptocurrencies would play in a market where CBDC was becoming a hot topic.
Kraken Reminds Ripple XRP Holders of Looming Spark Token Airdrop as New Tax Development Unfolds
With the upcoming Spark token airdrop by Flare Networks, many Ripple XRP holders have scrambled to deposit their XRP in participating cryptocurrency exchanges.
How Blockchain is Prompting Innovations in Waste Management
Blockchain can come in handy in the realization of efficient waste management measures through the creation of a trustworthy, transparent, and immutable supply chain network for a plethora of different records. This technology can aid in the digital tracking of information, allowing an in-depth analysis of supply chains.
US SEC Wins Lawsuit Against Kik’s $100 Million Unregistered ICO
US Judge Alvin Hellerstein rules in favor of the Securities and Exchange Commission in the regulator's lawsuit against Kik’s 100 million 2017 ICO.
US SEC Files Lawsuit against Crypto Influencer Ian Balina
The United States Securities and Exchange Commission (SEC) has brought an enforcement action against Ian Balina, a popular crypto influencer for his involvement in the promotion of SPRK tokens back in 2017.
38 Million XRP Tokens Dumped by Ripple Co-Founder Jed McCaleb, When Will His Supply Run Out?
Amid the SEC lawsuit, Ripple’s former Chief of Technology Officer (CTO) and co-founder Jed McCaleb has been getting rid of his XRP stash at a steady rate.
KuCoin Hacker Scrambles to Dump Stolen Chainlink Tokens, Crypto Exchanges Collaborate for Clamp Down
The KuCoin hacker has begun dumping his stolen funds, after having made off with over $150 million worth of Bitcoin (BTC), ERC-20 tokens, and Ether (ETH).
Scammers Target NFT Users in BLUR Token Airdrop Scam
Scammers are targeting NFT users with fake BLUR token airdrop links on malicious websites, resulting in the loss of over $300,000 in ETH. Legitimate BLUR platform has been rewarding users with tokens through its three-phase airdrop incentive scheme.
SushiSwap (SUSHI) Slashes Rewards and Total Value Locked Takes a Plunge—What Does This Say About LPs?
SushiSwap (SUSHI) recently cut its rewards from 1,000 SUSHI tokens per block for liquidity providers, to 100 SUSHI tokens as of Ethereum block 10850000.
Gulf Energy Invests in Binance.US as Both Aim to Float a Crypto Exchange
Thailand's power generation firm Gulf Energy Development Public Company Limited has unveiled its investment in Binance.US through its Hong Kong-based subsidiary, Gulf International Investment Limited.
Crypto.com Receives In-Principle Approval Tokens Permit from the MAS
Digital currency trading platform Crypto.com has been granted the In-Principle Approval token permit from the Monetary Authority of Singapore (MAS) for its Major Payment Institution License.
BlackRock Launches Pioneering Tokenized Asset Fund in Partnership with Securitize
BlackRock unveils its first tokenized asset fund with a $100,000 minimum investment, signaling a major move by the asset management giant into digital assets.
Sui Foundation Reallocates 117M SUI to Bolster Network Growth
Sui Foundation announces the reallocation of 117 million SUI tokens from external market makers to support the growth of its Layer 1 blockchain network, Sui. The move aims to bolster the network's DeFi ecosystem, which recently recorded its highest-ever total value locked (TVL) at approximately $37 million. The reallocation will not impact the circulating supply of SUI tokens.