Retail interest in Chainlink, which acts as a bridge between cryptocurrency smart contracts and off-chain data feeds, is now at the highest level it has ever been. According to Google Trends, worldwide queries for the word “Chainlink” on the search engine reached a score of 100 in the week ended […]
Token
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There’s one thing that all investors like: doubling, tripling, or even quadrupling their money. How about a 12-fold increase? That’s what traders have reaped this year from the decentralized lender Aave’s LEND token, up about 1,200% on a year-to-date basis. You’re reading First Mover, CoinDesk’s daily markets newsletter. Assembled by the CoinDesk […]
Chainlink’s link token jumped to record highs on Monday, far surpassing bitcoin’s returns since the start of 2020. The ever-increasing use of Chainlink’s price oracles in decentralized finance (DeFi) is driving the cryptocurrency higher, according to analysts. The 12th largest cryptocurrency by market value clocked a lifetime high of $5.72 […]
One startup founder has done the math and he thinks the true value for the COMP token right now should be more like $40. The governance token for the Compound lending platform has been trading between $172 and $215 over the last seven days, according to CoinGecko, after touching a […]
Blockchain predictions platform Augur is launching a new version of its protocol next month, but users will have to migrate to a new token if they want to use it. The company announced Monday the “v2” rollout has been slated for release on July 28, and will represent an entirely […]
Matic Network announced Sunday that the first iteration of its staking solution was now live. Launched in stages, direct staking will initially be restricted to the Matic Foundation, the non-profit behind the Ethereum-based scaling solution, which will stake tokens on users’ behalf, the company said in a press release. The […]
The COMP token may have been around for less than two weeks, but it’s already been listed on both Coinbase’s retail and Pro platforms. The San Francisco-based exchange said in a blog post Thursday the token had been made available on Coinbase.com and via the firm’s Android and iOS apps. […]
Decentralized finance (DeFi) protocol Compound saw its governance token, COMP, skyrocket in price when it launched last week. Now, decentralized options marketplace Opyn has launched put options on COMP that will provide a safety net of sorts by helping holders mitigate some of the risk should COMP’s fortunes take a […]
The COVID-19 crisis may have been the last straw for a non-profit digital identity organization, breaking its efforts to raise funds to pay staff and carry out a regulated token issuance. The Sovrin Foundation, a U.S.-based umbrella organization that oversees the development of blockchain-based digital identity standards (also known as […]
Brooklyn-based blockchain firm Kadena hopes its new app can verify that COVID-19 tests are the real deal by letting users track test kits. Announced Thursday, Kadena said the open-source application would be available to use on its testnet immediately, and would provide a secure way for medical professionals and patients […]
Citing regulatory concerns, Berlin-based security token startup Neufund has announced plans to freeze its fundraising campaigns and sideline future tokenized equity offerings. “Many European countries had aspirations to become a blockchain-friendly hub … [T]he authorities have stifled this plan, blocking the innovation in its tracks,” the firm wrote in a […]
The speculative fervor surrounding the autonomous lender Compound’s new digital token rose another notch Thursday as its already relatively lofty price more than doubled in 24 hours. The rapid ascent of the COMP “governance” token comes as something a surprise given it was released just Monday and is still only trading on […]
Sen. Tim Scott of South Carolina speaks at a news conference on Capitol Hill to announce a Republican police reform bill on June 17. Andrew Harnik/AP hide caption toggle caption Andrew Harnik/AP Sen. Tim Scott of South Carolina speaks at a news conference on Capitol Hill to announce a Republican […]
Democrat Privilege.Senator Dick Durbin described Republican Tim Scott’s police reform bill as a “token” approach!Senator Tim Scott is a black Republican Senator! Advertisement – story continues below Can you imagine a Republican getting away with such a statement? Sen. Dick Durbin describes Sen. @TimScottSC‘s police reform bill as a “token, […]
Crypto exchange Coinbase is hoping to streamline how it adds new tokens to its platform. The San Francisco-based exchange rolled out a new open-source technical framework for asset listings Wednesday, making it easier for the company to integrate tokens it wants to add by giving developers a blueprint for what […]
The chief financial watchdog of Mauritius, an island-state off the coast of Madagascar, has created a regulatory regime for a full-fledged security token ecosystem in the country. On Monday, the Mauritian Financial Services Commission (FSC) announced a framework specifically for security tokens. Together with a 15-page guidance document, the regulator […]
The co-founder of the Centra Tech crypto project that at one time garnered A-list celebrity endorsements but was later called a scam in court, pleaded guilty Tuesday for conspiring to commit securities and wire fraud. Robert Farkas, 33, admitted he and co-founders Sohrab Sharma and Raymond Trapani misrepresented Centra Tech’s […]
Coinbase announced Wednesday it is considering listing Bancor’s BNT token, as well as 18 others, which already gave the asset’s global trading price a slight bump. “Coinbase’s goal is to offer support for all assets that meet our technical standards and which comply with applicable laws,” the announcement said. “As […]
Digital security manager Securitize, a blockchain-based transfer agent, has delivered a dividend-like payout to holders of one of its issuer’s security tokens — a company first. Distributing a “royalty payment” to holders of Lottery.com security tokens Friday, Securitize claims it has become the first registered securities record keeper, a transfer […]
Numerai has sold an additional $3 million in NMR tokens to a slate of investors led by Union Square Ventures on the strength of its latest product, Erasure. The 17th-largest dapp in terms of value staked on it, Erasure currently holds $2.1 million worth of crypto, according to DeFi Pulse. […]
Blockchain venture studio Thesis has put a pause on deposits into tBTC, its new platform meant to put BTC on Ethereum so BTC can be used in decentralized finance. The Thesis team cited a bug, but is not disclosing details until all funds have been safely withdrawn from this iteration […]
TokenSoft is bringing its security token issuance platform to Europe through a Switzerland-based counterpart, TokenSoft International AG. The regulated STO platform announced Wednesday that it struck a licensing deal with its eponymous European partner, who now has exclusive continental distribution rights for TokenSoft’s tokenization software. Mason Borda, CEO of TokenSoft […]