OKB, the native exchange token for OKEx, has lost nearly an additional 20% of its market value Saturday, bringing its total drop to roughly 30% since the second-largest cryptocurrency derivatives exchange suspended withdrawals early Friday morning due to a keyholder being “out of touch”. Source link
Token
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The Japanese financial group is also mulling other business lines around tokenized securities. Source link
Making consensus Featured panel CoinDesk is preparing for the invest: ethereum economy virtual event on Oct. 14 with a special series of newsletters focused on Ethereum’s past, present and future. Every day until the event the team behind Blockchain Bites will dive into an aspect of Ethereum that excites or confuses us. The Top Shelf news you subscribed to is down below. Now, a few words from CoinDesk tech reporter Colin Harper. […]
A U.S. judge ruled Wednesday that Kik violated securities law when it raised $100 million via a token sale in 2017. Judge Alvin Hellerstein, a U.S. district judge for the Southern District of New York, wrote that in his view, Kik’s “token distribution event” (TDE) satisfied the three prongs of the Howey Test, referring to the Supreme Court case used as a standard for determining whether […]
A token for rewarding content on a specific Reddit forum now has the unusual honor of being thousands of times bigger than the entire global economy… kind of. MOON, a community token for the r/Cryptocurrency subreddit, technically has a market cap of over $2.88 septillion (that’s 24 zeroes) at press time. That dwarves the global economy which, as per data from the World Bank, came to […]
Messaging app company LINK has started a rewards program where people can get LINK tokens by using its remittance and investment mobile apps. Source link
A decentralized way to copy bitcoin (BTC) over to Ethereum is relaunching today after a smart-contract bug sunk the project in May. Called tBTC, the Thesis-built protocol was first announced in April, and is now ready for a fresh start. BTC holders who want to use Ethereum but worry about censorship risk with BitGo’s WBTC are invited to deposit BTC and mint TBTC tokens. Putting bitcoin […]
Once the registration statement becomes effective, Enigma would be required to file annual and quarterly reports with the regulatory body for its token. Source link
Earlier this week, analysts with the cryptocurrency analysis firm Arcane Research were musing that new developments appeared to have slowed in the fast-growing blockchain arena of decentralized finance, known as DeFi. But they predicted any lull was likely to be temporary. “A new boost for DeFi tokens could be right around the corner,” Arcane wrote Tuesday in a report. “The sector seems determined to grow further.” As if on […]
Uniswap’s new UNI token is already trading at double the price it started out when it launched less than two days ago. Source link
Uniswap issued a governance token, Kraken is the world’s first crypto bank and there are more “newbie” bitcoin investors than any time in the past two years. Top shelf Crypto’s bankKraken Financial, a newly formed division of the popular crypto exchange, has become the first firm to receive a special type of charter making it a bank. On Wednesday, the Wyoming Banking Board approved the exchange’s application for […]
Uniswap’s new UNI tokens can be deposited on Coinbase Pro immediately, with trading to follow when there’s sufficient liquidity. Source link
The number of pending transactions on Ethereum per minute has jumped 30% after the claim for Uniswap’s UNI token begins. The decentralized trading platform announced around 00:30 UTC time Thursday that it has launched its governance token dubbed UNI with 1 billion coins that will be released over the next four years. While the liquidity mining for the governance token will not start until Friday, Uniswap […]
Decentralized trading platform Uniswap has launched a governance token, UNI, minting 1 billion coins to be released to the public over the next four years. Read more: SushiSwap Will Withdraw Up to $830M From Uniswap Today: Why It Matters for DeFi Source link
The inaugural project on ConsenSys’ anti-speculation platform, Activate, has completed a token sale with roughly 4,000 investors from 90 countries, the companies announced Monday. Around 13,000 investors with a total capital pool of $57 million had expressed interest in the Ethereum scaling project SKALE. Around $43 million of that pool was from 4,300 investors who made it through know-your-customer (KYC) checks. Ultimately, SKALE ended up raising […]
The already highly priced YFI governance token for yEarn.Finance has jumped an additional $6,000 on the news it’ll be listed on Coinbase Pro. Source link
SushiSwap, the automated market maker aiming to unseat market leader Uniswap, has moved up its launch by five days. Because of SushiSwap, total value in assets locked on Uniswap have gone up by just under $1.5 billion since the SushiSwap contract went into effect at block 10750000 on August 28, according to DeFi Pulse, making Uniswap the largest holder of Ethereum assets in DeFi right now. […]
Grant ranging from $1,000 to $5,000 will be paid out in dollars. Once Stacks 2.0 goes live, the funding switches over to STX. Source link
You’re reading First Mover, CoinDesk’s daily markets newsletter. Assembled by the CoinDesk Markets Team and edited by Bradley Keoun, First Mover starts your day with the most up-to-date sentiment around crypto markets, which of course never close, putting in context every wild swing in bitcoin and more. We follow the money so you don’t have to. You can subscribe here. Price Point Bitcoin (BTC) was up 2.2% early […]
Price point Bitcoin was up slightly at about $11,776 early Monday, rising along with European equities, stock futures, gold, copper and oil amid optimism over a coronavirus vaccine and treatments. The dollar weakened. The largest cryptocurrency is coming off a 2.2% decline in the seven days through Aug. 23, breaking a four-week string of gains. You’re reading First Mover, CoinDesk’s daily markets newsletter. Assembled by the CoinDesk Markets […]
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source link
CORRECTION (Aug. 20, 13:18 UTC): Adds context at the top of the story to make it clear it’s the price of a single YFI that’s more expensive than a single BTC and that the overall market value of bitcoin continues to be vastly greater. Also notes other tokens are priced above bitcoin, but YFI is the only one with notable trading volume. Though the total market […]
A governance token for DeFi investment protocol yEarn Finance has shot up to over $11,000 despite barely being a month old. Source link
The blockchain subsidiary of the messaging app giant has made its LINK (LN) token available to Japan-based traders for the first time. Source link
Under a pair of U.S. Securities and Exchange Commission (SEC) regulations, crowd-equity platform Republic has raised $16 million through the sale of its Republic Note security token. Announced Wednesday, the firm secured commitments of $11 million through a Regulation D offering. An additional $5 million from non-accredited investors was committed through a Regulation A+ offering that has yet to be approved. “What we did was a […]
Elrond’s move onto mainnet will replace 19.98 billion testnet tokens with 20 million mainnet tokens at a rate of 1000:1. Source link
Cardano hard forked to its proof-of-stake network, token platform tZERO cut staff and compensation, and a derivatives exchange is looking to list on Nasdaq. You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and why they’re significant. You can subscribe to this and all of CoinDesk’s newsletters here. Top shelf Hello, ShelleyCardano is now running a proof-of-stake consensus mechanism. Announced Wednesday, the […]
Aave’s LEND token is the day’s top performer among cryptocurrencies with at least $100 million market capitalization. Source link
The Jack Dorsey-backed token platform CoinList launched an exchange Thursday aimed at institutional traders. CoinList Pro, modeled after the incumbent rival, Coinbase Pro, is an exchange tailored to trading and buying the new tokens listed by CoinList clients. CoinList launched some of the trendiest cryptocurrency sales to date for non-U.S. and accredited investors, including offerings from Celo, Solana and Filecoin. CoinList CEO Andy Bromberg said the […]
Chinese police have arrested 27 leaders and 82 others suspected of operating the Ponzi scheme. Source link