tokens

London-based crypto trading firm Copper plans to start offering tokenized securities early next year, according to reports on Nov. 29. Under the leadership of former British Chancellor Phillip Hammond, the company expects to capitalize on institutional investors' demand.The service is expe ...

Around $750 million of vested digital assets are scheduled to be unlocked and released into the markets this coming December. Among the projects releasing locked tokens, decentralized exchange (DEX) dYdX will unlock the largest amount. The exchange is expected to unlock 150 million to ...

Users have concerns about centralized exchanges’ transparency and trustworthiness, but decentralized alternatives lack liquidity and security. Crypto exchange Phemex, celebrating its 4th year anniversary this week, is poised to usher in a new era, where traditional barriers in finance are ...

The Fantom Foundation, a nonprofit organization developing the Fantom blockchain platform, has eliminated a significant vulnerability after a $550,000 hack in October.On Oct. 17, the Fantom Foundation suffered a hot wallet hack, with an unknown attacker draining 1% of Fantom Foundation’s f ...

BNB (BNB) has gained over 7% in the last day after Bloomberg reported that the United States Department of Justice is contemplating a $4 billion settlement with Binance to resolve its investigation into the company.Cointelegraph Markets Pro shows BNB spiked 6% to $262 in around 30 minutes ...

Decentralized crypto exchange dYdX has disclosed new measures to mitigate trading-related risks after burning $9 million of its insurance fund on Nov. 17 to cover users’ losses.According to an announcement on X (formerly Twitter), the exchange increased margin requirements on several ...

Lee Jeong-hoon, the former chairman of Bithumb, one of South Korea’s major cryptocurrency exchanges, is at the center of a legal battle and might be facing an eight-year prison sentence in the appeal whose verdict is scheduled for Jan. 18.According to Korean local media reports, prosecutor ...

The Singapore-based BSN Foundation, a global blockchain infrastructure organization, officially announced its launch with five international founding members on Nov. 16.BSN’s founding members include the institutional digital asset wallet Blockdaemon, the blockchain infrastructure automati ...

The Philippines Bureau of the Treasury announced it would offer 10 billion pesos ($179 million) of one-year tokenized treasury bonds for the first time after canceling the traditional auction scheduled for Nov. 20.The Bureau of the Treasury will offer these tokenized bonds to institutional ...

Binance Labs, the venture capital arm and incubator arm of Binance, said on Nov. 15 that it has invested in Arkham (ARKM), the native token of the “deanonymizing” blockchain platform Arkham.The company said in a blog post on the website that the investment aims to support “on-cha ...

The Monetary Authority of Singapore (MAS) has introduced five additional industry pilots into the Project Guardian to test various use cases around asset tokenization. Project Guardian is a collaborative initiative led by Singapore’s central bank that seeks to develop new financial in ...

The Australian Taxation Office (ATO) has issued guidance on capital gains tax (CGT) treatment of decentralized finance (DeFi) and wrapping crypto tokens for individuals, clarifying its intent to continue taxing Australians on capital gains when wrapping and unwrapping tokens.In May 2022, t ...

The Indian Supreme Court declined to consider a Public Interest Litigation (PIL) that aimed to establish regulations and a framework of guidelines for cryptocurrency trading in India.According to a report, the bench headed by the Chief Justice of India (CJI), after listening to the plea, r ...

One of the Big Four banks in the U.K., Lloyds Bank, has said that reports of cryptocurrency investment scams by victims have surged by 23% in the current year compared to the same period in 2022.According to a press release published by Lloyds Bank, an increasing number of investors face t ...

Cryptocurrency enthusiasts often argue that businesses need to start accepting crypto as payments for adoption to grow — boosting usability and potentially creating strong demand for these currencies.Some crypto communities often focus heavily on growing business adoption, with maps now co ...

For an extended period, centralized exchanges (CEXs) have played a pivotal role in cryptocurrency trading, offering traders dependability and robust liquidity. These platforms have been the go-to choice, with users trusting CEXs to safeguard their assets, appreciating user-friendly interfa ...

Several attendees of Yuga Labs’ ApeFest event on Nov. 4 in Hong Kong reported eye-related issues, including burns, damaged vision and “extreme pain” in their eyes.Yuga Labs’ official X account has now addressed the issue, claiming they are aware of the reports of po ...

The Securities and Futures Commission (SFC) of Hong Kong laid down the business requirements for offering tokenized securities and other investment products in a circular released Nov. 2.The market demand in Hong Kong for tokenized investment products combined with the various benefits of ...

Should the current rate of adoption continue, blockchain technology could have 100 million daily users by 2028, according to projections by Bloomberg Intelligence analyst Jamie Coutts. On X (formerly Twitter), Coutts pointed out that blockchain adoption has been "unabated" throughout ...

The United States Supreme Court has taken up a legal dispute concerning Coinbase and its users, specifically addressing a significant procedural matter on whether a judge or an arbitrator should decide which contract governs disputes.According to a report from Bloomberg, this issue stems f ...

Decentralized finance project SafeMoon, which was charged by the United States Securities and Exchange Commission (SEC) for security rules violations and fraud, has said that it is closely examining recent developments and will work to resolve the situation promptly.According to a statemen ...

The National Bank of Georgia (NBG) has selected Ripple Labs Inc., a leading blockchain payments platform, as the official technology partner for developing Digital Lari, their central bank digital currency (CBDC) project.Ripple said in a  statement that the partnership will ...

The Dubai Virtual Assets Regulatory Authority (VARA) has issued an “Initial Approval” license to the crypto firm WadzPay, marking a pivotal step in the company’s journey toward obtaining a Virtual Asset Service Provider (VASP) license for virtual asset services and activities. ...

Hong Kong’s securities regulatory authority has issued two circulars to regulate digital asset tokenization in its pursuit of becoming a prominent Web3 hub in Asia.The Securities and Futures Commission (SFC), in these circulars, offered instructions to intermediaries participating in token ...

Ripple’s chief legal officer, Stuart Alderoty, has expressed reservations about the recent string of legal defeats suffered by the U.S. Securities and Exchange Commission (SEC) during Gary Gensler’s tenure. These remarks follow another setback for the SEC in the Fifth Circuit court af ...

Banking giant Hong Kong and Shanghai Banking Corporation (HSBC) have tested the use of tokenized deposits – from issuance to transfer to redemption – with major Chinese banker Ant Group, founded by Jack Ma, in a sandbox arranged by the Hong Kong Monetary Authority.The initiativ ...

The teams behind the Floki protocol and Bitget crypto exchange have accused each other of market manipulation after the protocol’s token, TokenFi (TOKEN), was listed and delisted by Bitget. This is according to an October 31 social media post from the Floki team and a blog post from Bitget.  ...

Stablecoins are essential to cryptocurrency markets, and traditional payment systems, especially cross-border ones, can also benefit from them. Edelcoin sets a new standard for stablecoins, offering low volatility, inflation protection, and zero reserve investment risk. Its verified reserv ...

Bitfinex Securities, a platform focused on listing real-world tokenized securities has announced its first tokenized bond that will be listed later in November this year. The new tokenized bond called ALT2611 is a 36-month, 10% coupon bond, denominated in USDT and issued by Mikro Kapital, one of ...

The crypto community on X (formerly known as Twitter) has been thrown into a series of guessing games by a couple of cryptic posts made by prominent individuals.One of these posts was made by David Schwartz, Ripple’s chief technical officer (CTO). He published a  picture of ...

Maestrobots, a group of cryptocurrency bots on the Telegram messenger, is refunding users in the aftermath of a 280 Ether (ETH) attack.The Maestro team refunded the users affected by the Maestro Router 2 contract, the platform announced on X (formerly Twitter) on Oct. 25. According to the ...

Cryptocurrency rug pulls are not too difficult to be spotted by investors as the majority of such scams usually share distinct and visible features, according to a new report.Blockchain security auditor Hacken on Oct. 25 released its latest security insights report, aiming to spot the tren ...

Following the launch of Patricia token (PTK) issued to customers to manage users’ debt by Patricia, a Nigerian cryptocurrency exchange, the chief executive officer of the exchange (CEO), Fejiro Hanu, has confirmed that customers now have the option to convert their owed funds into Patricia ...

The Office of the Comptroller of the Currency (OCC), an independent bureau of the Treasury Department that supervises “national” commercial banks in the United States, will host a symposium on tokenization in February 2024. The upcoming symposium is set to ignite a public dialogue on ...

Sui’s native SUI token has struggled to regain ground after plunging more than 9% amid allegations from South Korean regulators, which have accused the Sui Foundation of manipulating the supply of the token for its own gain. SUI token gained a little under 1% in the last 24 hour ...

Yuga Labs, a company behind the major nonfungible token (NFT) project, Bored Ape Yacht Club (BAYC), has completed restructuring amid the ongoing challenges in the industry.Yuga Labs CEO Daniel Alegre took to X (formerly Twitter) on Oct. 17 to report that the company has finalized its restr ...

While critics wrote off much of the initial hype surrounding the tokenized real-world asset (RWA) market, the sector has been on a tear over the past year or so. In fact, Boston Consulting Group expects the tokenization of global illiquid assets to be a $16 trillion industry by the end of the dec ...

Troubled cryptocurrency platform Haru Invest is planning to suspend its server a few months after halting withdrawals in June 2023.Haru Invest is thinking of shutting down its server in order to reduce the server maintenance costs of services, Haru Invest CEO Hugo Lee announced on Oct. 16. ...

A steep collapse in the price of nonfungible tokens (NFTs) shouldn’t be seen as a sign of distress but rather a signal the technology is maturing, according to Web3 executives.“I wouldn’t say the NFT market has regressed,“ Decentraland Foundation executive director ...

Tom Emmer, the Majority Whip of the U.S. House of Representatives and a vocal critic of the Securities Exchange Commission (SEC) regarding its handling of cryptocurrency, has once again taken aim at the SEC's actions. Emmer's recent move is a significant amendment that spotlights what he sees as ove ...

Rario, a Polygon-based platform issuing cricket-related nonfungible tokens (NFTs), has reportedly seen its founders leaving the firm after two years since launch.Founders of Rario, including Rario CEO Ankit Wadhwa and chief technology officer Sunny Bhanot, are being pushed out as investors ...

Financial giant JPMorgan is making another move into the crypto space with a new blockchain-based solution for cross-border transactions, reveals a report by Bloomberg. The system, however, won't be available until the bank receives the green light from regulators in the United States.  ...

Seven leaders in decentralized finance (DeFi) have banded together to form the Tokenized Asset Coalition (TAC). The new advocacy group will work toward the adoption of public blockchains, asset tokenization and institutional DeFi, it announced Sept. 7.Aave Companies, Centrifuge, Circle, Co ...

A group of Nigerian digital asset professionals took to the stage at the Stakeholders in Blockchain Technology Association of Nigeria (SIBAN)’s Digital Assets Summit 2023 in Abuja, to discuss the future of digital asset regulation in Nigeria.In the panel titled The Future of Digital Assets ...

The Regulated Liability Network (RLN) has completed its United Kingdom discovery phase and is prepared to proceed to a use case with retail central bank digital currency (CBDC), according to its latest report. The RLN project seeks to accommodate central bank, commercial bank and regulated non-ba ...

In a recent Twitter post, Cathie Wood, CEO of Ark Invest, expressed her positive view on the intersection of Bitcoin (BTC) and artificial intelligence (AI)In her tweet, Cathie Wood subtly hinted at the immense transformative potential inherent in the dynamic synergy between artificial inte ...

Amidst a series of rapid developments, the XRP cryptocurrency market experiences heightened activity. A recent substantial purchase has been detected by Whale Alert, a renowned crypto-tracking platform.Whale Alert reported a significant transfer of 66,666,659 XRP (approximately $33,065,809 ...

Crypto analytics platform Arkham Intelligence has revealed financial services company and crypto trading platform Robinhood as a leading holder of Ether (ETH) and the owner of the fifth-largest ETH wallet, which contains about $2.54 billion of the cryptocurrency.Arkham stated on X (fo ...

The announcement of Patricia Token (PTK) by Nigerian crypto exchange Patricia was greeted by users with scepticism and some suspicion, as they took to social media to question the motives behind the move. Now, in a response to that reaction, the crypto exchange company has released a white p ...

"I'm pretty disappointed with the way Ethereum has gone since its launch," said Vinay Gupta, founder of Mattereum and former coordinator of Ethereum's initial release, during Cointelegraph's AMA session. "The idea was that we could use blockchain to govern infrastructure in the real world. ...

Decentralized exchange (DEX) platform dYdX will unlock $14.02 million worth of DYDX (DYDX) tokens dedicated to the community treasury and rewards for traders and liquidity providers. On Aug. 29, dYdX will release 6.52 million in-house tokens, representing 3.76% of the DYDX circulating supply. Out ...

Metaverse platform The Sandbox has unlocked a total of 332 million SAND tokens, which is around 16% of the digital asset’s current circulating supply. The unlocked tokens are worth around $133 million at the time of the unlock. On Aug. 14, The Sandbox proceeded with its ...

Bankrupt cryptocurrency lender Voyager Digital transferred 1,500 Ether (ETH), worth around $2.77 million and an additional 250 billion Shiba Inu (SHIB), worth roughly $2.7 million, to crypto exchange Coinbase on Aug.11, according to Etherscan.The motive behind the transactions has triggere ...

A group of six legal scholars specializing in securities law and related fields submitted an amicus brief in favor of crypto exchange Coinbase in its ongoing legal battle against the United States Securities and Exchange Commission (SEC).An amicus brief is a document filed in court by ...

Legal proceedings have been initiated by the Commodity Futures Trading Commission (CFTC) against individuals and their organization, Fundsz, citing their involvement in a deceptive scheme concerning cryptocurrencies and precious metals trading.Rene Larralde from Melbourne, Florida, Juan Pa ...

Decentralized finance (DeFi) platform Curve Finance has officially stated its intention to reimburse users impacted by the recent hack resulting in $62 million of losses. According to an X (formerly Twitter) post from its official account, ongoing investigations are yielding prog ...

NFT trader's $1.5M bot chess moveYouTuber and nonfungible token (NFT) trader Hanwe Chang said he scored 800 Ether (ETH), around $1.5 million, by tricking a rival trader’s bot into buying his own inflated NFTs.In an Aug. 5 X (Twitter) post, Chang said he noticed a bot was ...

The Chamber of Digital Commerce (CDC), an American advocacy organization, on August 1, unveiled a comprehensive "impact and analysis" report on the SEC's lawsuit against Ripple. The report scrutinizes the case's verdict, highlighting its profound implications for the crypto industry's future. ...

Elon Musk has stated that his social media platform X (formerly Twitter) has no plans to launch crypto tokens in response to a post regarding questionable X and Twitter-based digital currencies on Saturday, Aug. 5.In response to a post by DogeDesigner, Musk addressed the issue of scam toke ...

Yuga Labs accelerates Otherside planNonfungible token (NFT) conglomerate Yuga Labs has agreed to acquire the metaverse-building startup Roar Studios as Yuga looks to bolster its Otherside metaverse.Yuga tweeted the news on July 31 saying the impending acquisition was to “execu ...

A new memecoin on Coinbase’s Base network fell 85% after its developer allegedly pulled 1,034 Ether in liquidity, worth approximately $1.9 million, from the market, according to social media reports and blockchain data. The developer for Bald (BALD) denied making any market sales of the coi ...

According to a July 28 court filing, the United States Department of Justice (DOJ) is seeking the revocation of Sam Bankman-Fried’s (SBF) bail, accusing him of attempting to tamper with witnesses and leaking Caroline Ellison’s diary to The New York Times.The DOJ notes that SBF was released ...

United States Representatives Gus Bilirakis and Jan Schakowsky penned a formal letter to Apple CEO Tim Cook about concerns related to the California-based company’s App Store, and the potential effect of its guidelines on emerging technologies like blockchain and nonfungible tokens (NFTs). ...

The United States Securities and Exchange Commission (SEC) and Binance have submitted responses regarding the entity “Eeon,” which has sought to intervene on behalf of customers in the SEC’s case against the crypto exchange.According to the U.S. District Court for the District of Columbia, ...

Nonfungible token (NFT) adoption is picking up steam across the food and beverage industry, with many fast-food chains showing interest in the asset class.A report by Research and Markets predicts that the global food and beverage NFT market size is expected to exceed $2 billion by 20 ...

The Bank of Italy’s Milano Hub innovation center will provide support for a project developed by Cetif Advisory to research a security token ecosystem for institutional decentralized finance (DeFi). The project has no “commercialisation purpose” but will extend &ldqu ...

The Avalanche Foundation announced the launch of “Avalanche Vista,” a $50 million initiative to spur tokenization on the Avalanche blockchain, on July 25.Today, the Avalanche Foundation introduces Avalanche Vista, a $50M ini ...

A recent proposal from Parrot Protocol's team, a Solana-based liquidity network, has sparked controversy among its community members. The proposal, up for vote until July 27, calls for the redemption of its PRT tokens for liquid treasury value, and the transition to a no-token protocol.Bas ...

The cryptocurrency market has encountered its share of ups and downs over the past year, but blockchain technology continues to see impressive growth as businesses seek digital transformation. Recent findings from the market research platform, MarketsandMarkets, estimated the global b ...

Asset tokenization has long been regarded as one of the most compelling applications of blockchain technology. Back in June 2019, the United States investment banking giant BNY Mellon declared it has the potential to “dramatically change the dynamic” for investors and u ...

Despite lingering concerns over the Ripple vs. SEC lawsuit, The XRP Ledger (XRPL) has demonstrated significant growth in multiple areas of its protocol during the second quarter of 2023, according to a recent report from crypto analytics platform Messari.The report shows that the circ ...

Ripple Labs Inc, a company known for blockchain innovation and digital payments, has announced an initiative to transform the real estate industry using tokenization.Antony Welfare, the Central Bank Digital Currency (CBDC) advisor at Ripple, highlighted the growing global interest in CBDCs ...

BarnBridge DAO members have been told to pause “all work” related to the project after a reported probe by the United States Securities and Exchange Commission (SEC).In a July 6 post to the platform’s Discord channel, Douglas Park, a lawyer for the decentralized autonomou ...

Advocacy group UK Finance is urging the British government to encourage securities tokenization. The market is small now, but the future stakes are high, it said.In a report co-written with consulting firm Oliver Wyman, UK Finance said the advantages of tokenization, such as lower costs, l ...

‘Blue chip’ floor prices near two-year lowsThe largest nonfungible token (NFT) collections by market capitalization are in a sea of red as the cheapest NFTs in their collections took dives over the past week with some hitting near two-year lows.Yuga Labs’ flagship ...

The world of cryptocurrencies has witnessed a surge in the creation of community coins, often utilizing popular names like Elon Musk, Tesla and Andrew Tate, or even memes like Pepe. Unfortunately, these coins often have no real connection to the individuals or entities they reference, lead ...

The Australian Securities Exchange (ASX) is unlikely to directly list a cryptocurrency on its exchange but could consider an “appropriately-backed” tokenized real-world asset such as gold.Speaking to Cointelegraph, Dan Chesterman, the ASX’s chief information officer and group executive of ...

The team behind the Sui network and its native SUI token has denied allegations that they unlocked SUI staking rewards and “dumped” them on cryptocurrency exchange Binance .The Sui Foundation knocked back the claim in a five-part Twitter thread on June 27, stating tha ...

The Australian Treasury’s token mapping of digital assets will adopt a “tech agnostic” and “principles-based” approach in order to define crypto assets, according to a Treasury official.Speaking to Cointelegraph on June 26 at the Australian Blockchain Week, Tr ...

Token issuers in Japan no longer have to pay corporate taxes on unrealized cryptocurrency gains, according to a law revision by the National Tax Agency on June 20. The tax exemption goes into effect nearly six months after the Japanese government approved a proposal eliminating t ...

After a joint governance proposal on liquid staking derivatives in Terra Classic (LUNC), a new proposal emerged for the next quarter suggesting the formation of a dedicated team consisting of six senior full-stack engineers.The Terra Allies senior full stack engineering team — known as the ...

A creditor of now-bankrupted crypto exchange FTX pledged a claim as collateral for a loan in the decentralized finance (DeFi) protocol Arcade. The transaction was the first on-chain loan backed by an FTX claim, according to the bankruptcy claims platform Found.The $31,307 claim was tokeniz ...

Following TrustToken’s decision to temporarily halt mints and redemptions of its TrueUSD (TUSD) stablecoin through its banking partner, Prime Trust, a trader has taken advantage of the situation by initiating an on-chain short position.According to on-chain data, an Ethereum user utilized ...

Germany’s foreign intelligence agency the Bundesnachrichtendienst (BND) has launched a dog-themed nonfungible token (NFT) collection with an on-chain treasure hunt aimed at recruiting cyber talent.Earlier in June the Federal Intelligence Service launched its “Dogs of BND” collection — 999 ...

Ripple CEO Brad Garlinghouse has warned that as Ripple's legal battle against the United States financial watchdog is coming “to a close,” it is only the beginning of a larger battle for the industry, and the fight for regulatory clarity “has to continue."Following the Hi ...

Proof-of-work coins that had a fair distribution at their launch are the most likely to avoid being labeled as securities by the U.S. SEC, according to Bitcoin OG and educator Dan Held. Last week, the SEC sued Binance and Coinbase, accusing them of offering a number of altcoins as&nbs ...

Messari CEO Ryan Selkis has praised a newly proposed Republican crypto bill, commenting it is a “10x improvement” on all other crypto bills introduced to the United States Congress so far.The “Digital Asset Market Structure” (DAMS) bill, introduced on June 1, propos ...

A number of memecoins drawing their likeness from the United States Securities Exchange Commission (SEC) and its chair Gary Gensler have seen a sharp spike in price following the regulator's lawsuits against crypto exchanges Coinbase and Binance.One such token is Good Gensler (GENSLR) whic ...

The net worths of Coinbase CEO Brian Armstrong and Binance CEO Changpeng Zhao (CZ) have suffered heavy blows due to recent lawsuits by the United States securities regulator. Armstrong’s net worth was slashed by $289 million and Zhao’s by $1.33 billion within a span of 30 hours after the S ...

On June 6, decentralized finance (DeFi) lending platform Defactor Labs said that it tokenized $100 million worth of Alpha Bonds using the ERC-3643 token standard. The bonds, tokenized on the Polygon (MATIC) network, will be lent to small- and medium-sized enterprises using real-world assets, such ...

Boosting financial inclusion is one of crypto’s strongest value propositions. Yet, ironically, the banking crisis has effectively de-banked the crypto industry itself, at least in the United States.How things panned out with Silvergate, Silicon Valley Bank and Signature — the t ...

Digital asset infrastructure provider Taurus is stepping up its tokenization efforts in Europe through a full integration with the Polygon blockchain, the company announced on June 2. The move will allow its clients to automatically issue digital securities. Taurus claims to have over ...

Focusing too much on the tokenization of assets instead of encoding social relationships of trust was a key complaint regarding the current state of Web3 that found a clear voice in a mid-2022 paper published by Ethereum co-founder Vitalik Buterin along with E. Glen Weyl and Puja Ohlhaver. ...

Circle recently announced plans for a June 8 launch of a new native version of its USD Coin stablecoin on the Arbitrum network.1/ Circle is launching USDC natively on @Arbitrum on June 8th! Keep scrolling or read the blog t ...

Cryptocurrency platform Bakkt, owned by Intercontinental Exchange, announced the delisting of a large number of tokens and cryptocurrencies as part of its move away from retail customers. The list of tokens that will no longer be listed on the platform includes large and po ...

Over the weekend, Hundred Finance's multi-chain lending protocol was targeted by hackers, resulting in a loss of $7 million. The PeckShield analytics platform reported that the attacker used a technique where they donated 200 WBTC to manipulate hWBTC's rate and subsequently drained the lending po ...

A DeFi project called Terraport Finance was recently targeted by hackers, resulting in the theft of 9.5 million TERRA, 15 billion LUNC, and 5.5 million USTC tokens, totaling $4 million. The team behind Terraport Finance took to Twitter to inform its community of the breach and that they are activ ...

On Monday, February 20th, the world's largest crypto exchange made an announcement regarding the delisting of three tokens from its platform - Anchor Protocol (ANC), Mirror Protocol (MIR), and Aion (AION). The news caused a rapid decline in the value of these cryptocurrencies. Binance stated that th ...

The Charitable Foundation of the ex-manager of the large crypto exchange FTX, has earned at least $150 million from the sale of its own tokens of the FTT exchange, according to The Wall Street Journal. Ruairi Donnelly started his career at FTX and Alameda Research in 2019 as Head of Human Resourc ...