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Bakkt delists majority of tokens from recently acquired Apex Crypto platform
13.5.2023
The delisting included major tokens used in DeFi; the company said it was following “up-to-date regulatory guidance.”
Defending against SEC to cost Ripple $200M, CEO Brad Garlinghouse says
8.5.2023
Ripple’s CEO reveals $200 million spent defending the SEC lawsuit, and laments about U.S. crypto regulation and a politics-first policy, advising entrepreneurs to avoid the United States
The phenomenal rise of TMS Network: Leaving exchange tokens OKB & Cronos in the dust
17.4.2023
It has become a habit in the crypto space for cryptocurrency exchanges to issue their native token. Binance, KuCoin, OKEx, and others have exemplified this. These native tokens are expected to soar in the crypto market, leveraging the leading horse of their fount. However, the recent outlook...
Stargate foundation advises DAO against reissuing STG tokens
14.3.2023
The Stargate Foundation, in agreement with FTX liquidators, has advised the DAO that issuing the STG token could put its safety at risk and may violate the automatic stay
Redemption and Reshuffling: BUSD’s Exit From Top 10 Cryptocurrencies Shakes Market Valuations
6.3.2023
It has been 21 days since Paxos revealed that it would no longer mint the stablecoin BUSD. Since then, over 7 billion BUSD stablecoins have been redeemed. Prior to the announcement, BUSD was once a top-ten crypto asset. However, the top ten cryptocurrencies by market valuation have changed since...
5 High-Profile Cryptocurrency Implosions Shatter Trust, Wipe out Billions in Value During 2022’s Crypto Winter
26.2.2023
2022 was a year of phenomenal cryptocurrency blowouts, as several projects collapsed and many more are on life support after the entire ecosystem was shattered. The fallout from these digital currency projects has not only removed billions of dollars in value from the crypto economy, but also...
Bitcoin Soars Over $25K, MEXC (MX) Rockets To All-Time High in 2023
22.2.2023
PRESS RELEASE. With Bitcoin surging to reach a new 2023 high, MX has been the top performer in exchange tokens, with a 7-day growth of 32%. Bitcoin’s price rising over $25,000 has sparked a frenzy of activity in the cryptocurrency market. With investors flocking to take advantage of...
DexibleApp aggregator hacked for $2M via 'selfSwap' function
17.2.2023
The buggy function was intended to allow users to provide their own routing information, but the code did not limit routers to a pre-approved list
First Mover Asia: Centralized Exchange Tokens Post Solid Gains in January Despite SEC Interest; Bitcoin, Ether, in the Red.
31.1.2023
The tokens of Binance, Crypto.com and KuCoin are all comfortably in the green over the past month
South Korea investigates crypto exchanges for listing native tokens
20.11.2022
Initial investigations revealed that all crypto exchanges performed lawful operations across South Korea. However, Flata Exchange is suspected of listing its in-house token, FLAT, in January 2020
FTX Contract Deployer Unlocks 192 Million FTT, Exchange Token’s Questionable Tokenomics Highlights Red Flags
13.11.2022
Following the collapse of FTX and the exchange filing bankruptcy on Nov. 11, the trading platform’s exchange token called ftx (FTT) has shed 91.6% in value during the last seven days. While the FTT token’s utility is based entirely on the backing of the now-bankrupt FTX and Alameda...
First Mover Asia: A Good Week for Exchange Tokens, Except FTT; Solana Continues Falling
8.11.2022
During the past week, a number of exchange tokens have outperformed bitcoin, including OKX and CRO. FTT is not among them
Sentiment and inflation: Factors putting pressure on Bitcoin price
26.7.2022
Bitcoin prices are besieged by a multitude of factors, and the cryptocurrency is struggling to breach the $25,000 mark
A brief history of Bitcoin crashes and bear markets: 2009–2022
10.7.2022
Bitcoin has historically seen its price down from previous highs for more than three years, and the latest peak took place just seven months ago
P2E gaming is in a rut, but Axie Infinity (AXS) could rebound for 3 key reasons
7.7.2022
AXS could recapture its former glory if market participants view the launch of land staking, increasing activity on the Ronin bridge and upcoming roadmap targets as bullish catalysts
Here’s how Thai Stock Exchange plans to connect crypto with its digital asset platform
22.2.2022
The SET announced its digital asset exchange early last year, originally planning to avoid cryptocurrencies
Airbnb users want crypto payment options, according to CEO Twitter poll
5.1.2022
AirBnB's CEO suggested that the platform's possible crypto payment option would not be restricted to one or two digital currencies
Crypto Trading Platform Bitmex Reveals Exchange Token Called BMEX, Airdrop
21.12.2021
The crypto trading platform Bitmex has announced the launch of its own native cryptocurrency called “BMEX,” following a slew of crypto platforms that have issued exchange tokens. According to the company, a user who registers and completes the KYC process will get five BMEX coins...
Coin Race: Top Winners/Losers of November; Exchange Tokens Up, Bitcoin, Meme Coins Down
1.12.2021
It’s December 1, and our monthly coin race this time shows that November has been a mixed bag for the crypto market.
Compared to October, last month saw far worse performance for the overall market, with both bitcoin (BTC), smart contract platform tokens like polkadot (DOT) and cardano (ADA),...
Automated market makers are dead
22.6.2021
With the right tokenomic models, the liquidity war raging between AMMs on underlying chains will move to a new battleground