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Meme Coin Economy Swells by $5.8 Billion in Less Than a Month, Suggesting Demand for Meme Tokens Still High
5.2.2023
The meme coin economy has grown significantly over the past 27 days, increasing 34.52% against the U.S. dollar. The largest meme coin by market capitalization, dogecoin, has risen 29.5% in the past month, while the second-largest meme coin, shiba inu, has jumped 71.9% in 30 days. Since Jan....
MakerDAO Constitution Would Fund Sustainability Efforts With 20K MKR Tokens From Reserves, Emissions
3.2.2023
With “scientific sustainability” as a core principle, the Maker Constitution is to play an active role in combating climate change by allocating $14 million worth of MKR tokens to its Scientific Sustainability Fund
South African Retailer Pick n Pay Now Accepting Payments via BTC at All Its Stores
3.2.2023
Pick n Pay, one of South Africa’s leading retailers, reportedly now accepts bitcoin as payment at all its stores across the country. Using the bitcoin lightning network, Pick n Pay’s customers can now buy items such as groceries, airtime and electricity tokens. Using BTC for Everyday...
Australia introduces classification for crypto assets
3.2.2023
The national regulators propose to distinguish four major types of products related to the crypto industry
Mastercard's NFT Product Lead Resigns, Leaves Behind a Surprising Farewell Gift
3.2.2023
Satvik Sethi, payments giant Mastercard's now-former non-fungible token (NFT) product lead, announced that the had resigned from this role on Thursday - but in a surprising and fitting move, he minted his resignation as an NFT....
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US Judge Dismisses Customer Lawsuit Against Crypto Exchange Coinbase
3.2.2023
A U.S. district judge has dismissed a lawsuit against Coinbase and its CEO Brian Armstrong filed by customers of the crypto exchange. The lawsuit alleges that Coinbase sold 79 crypto tokens that are unregistered securities. Customer Lawsuit Against Coinbase Dismissed A proposed class action lawsuit...
Euro stablecoin launched in Finland, claims to be first approved in the EU
2.2.2023
USDC issuer Circle Inc. previously released a euro-backed stablecoin that is regulated in the United States
HSBC needs someone to helm its tokenization efforts
2.2.2023
HSBC is looking for a candidate who knows of digital assets, especially asset tokenization and custody, according to a job posting
BonqDAO protocol suffers $120M loss after oracle hack
2.2.2023
An oracle hack allowed the exploiter to manipulate the price of the AllianceBlock token, leading to an estimated $120 million loss, according to Peckshield
Stargate to Reissue STG Tokens Following Alameda Wallet Hack
1.2.2023
The price of STG token rose 14% following news that the token would be reissued in March
First NFT Exchange-Traded Fund Announces Closure as Market for Non-Fungible Tokens and Metaverse Assets Cool Down
1.2.2023
The first-ever exchange-traded fund focused on NFTs and metaverse assets has announced closure as the crypto winter continues to take more victims.
The Defiance Digital Revolution ETF, which is listed on the NYSE under the ticker NFTZ, will close down by the end of February, according to...
XRP Price Prediction as Ripple On-Demand Liquidity Product Surpasses $200 Million XRP Tokens Sold – XRP Pump Incoming?
1.2.2023
The XRP price has gained by 1% in the past 24 hours, reaching $0.402474 after Ripple published its Q4 Markets Report. Its current level marks a 3.5% increase in a fortnight and an 18% rise in the last 30 days, with Ripple's latest report revealing that it sold just over $220 million in XRP in...
Rally Crypto Firm Pulls the Plug on Its Sidechain as Crypto Industry Struggles – Here's What Happened
1.2.2023
Social token platform Rally has announced the closure of its sidechain operations due to a lack of funding. The project warned users that their crypto assets will become stranded as tokens on the Rally sidechain are not transferable to mainnet....
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Cardano-Based Djed Stablecoin Attracts 27M ADA Tokens as Reserve Backing
1.2.2023
Djed started on Tuesday and has a collateral backing ratio of 600% at the time of writing
Metaverse Tokens Outperform Top Crypto Assets in 2023 With Decentraland’s MANA Leading the Pack
1.2.2023
During the first month of 2023, the top two leading cryptocurrencies, bitcoin and ethereum, experienced double-digit gains against the U.S. dollar. Meanwhile, several alternative cryptocurrencies saw even greater increases in value, with metaverse tokens like Decentraland’s MANA and...
Crypto Market January Roundup: Aptos, Metaverse-Affiliated Tokens Lead Broad-Based Rally
31.1.2023
Layer 1 blockchain Aptos’ native token has surged over 387% this month, leading all cryptocurrencies for gains and dwarfing bitcoin and ether’s performance. Solana’s SOL token also rises
Social token platform Rally announces shutdown of sidechain
31.1.2023
Rally cited a "challenging year" for the crypto industry in its decision to “begin to sunset” the platform's sidechain after Jan. 31
Metaverse Tokens Outperforming Bitcoin in January
31.1.2023
Decentraland’s MANA has surged 152% for the month, while The Sandbox’s SAND is up over 90%
What are reflection tokens, and how do they work?
31.1.2023
Describing crypto tokens that generate passive income, reflection tokens redistribute gas using smart contracts by rewarding their investors with extra crypto
CertiK Report Reveals a Strange Twist Behind the ‘Monkey Drainer’ Scam
31.1.2023
The latest report by the security-focused ranking platform CertiK revealed two individuals behind a several-million-dollar-heavy scam – and there is a twist to the duo’s partnership.
The report explained that “a number” of scammers had been using a phishing kit known as ‘Monkey Drainer’ over...