Tagged: digital tokens

Blockchain Adoption: The Reserve Protocol Deploys on Base, an Ethereum (ETH) L2 Environment

The Reserve Protocol is now live on Base, marking its first expansion beyond the Ethereum mainnet. This update matters because it aims to empower accessible innovation. As noted in a blog post by the Reserve Protocol team, the “low-cost,” and developer-friendly Ethereum L2 environment launched by… Read More

Alchemy Pay Teams Up with Trekki NFT to Extend Functionality of NFT Checkout, Backed by Trip.com

Alchemy Pay, a fiat-crypto payment gateway, has established a partnership with Trekki NFT, and extended the functionality of its NFT Checkout in order “to support and facilitate its minting processes.” These unique NFTs, “bearing a travel theme,” are backed by the global online travel services… Read More

Animoca Brands Subsidiary to Launch Metaverse Ecosystem Token on Bitcoin, Partners with Horizen Labs

Darewise Entertainment, a subsidiary of Animoca Brands and the force behind the Life Beyond Gaming Metaverse, announced an engagement with Horizen Labs for technical token, development, and consulting services. Horizen Labs, which previously “provided smart contracting and token strategy advice relating to the launch of… Read More

Crypto Education: Philcoin, the Blockchain Platform Focused on Philanthropy, Partners with Repton Family of Schools in the UAE

Philcoin, the blockchain platform dedicated to philanthropy, announces its collaboration with the Repton Family of Schools in the UAE. This partnership, part of Excella‘s esteemed network of high-performing K-12 institutions, promises to “turn student achievements into tools for fostering philanthropy through cryptocurrency tokens.” As the… Read More

Binance to Airdrop Up to $3M in BNB to Clients in Morocco Earthquake Region

In response to the devastation caused by the recent earthquake in Morocco, Binance Charity will airdrop up to $3 million in BNB to Binance users “identified as living in the areas affected by the tragedy.” Identification of the users will be “based on Proof of… Read More

Chainalysis Explains How On-Chain Data May Help Assess Digital Assets for Opportunity, Risk

Many investors are eager to embrace cryptocurrency, but don’t feel they “have the data to do so safely,” according to an update from Chainalysis. With traditional assets, there are established providers “for a variety of metrics that investors can use to assess opportunity and risk:… Read More

DeFi Adoption: Elusiv Introduces Private Swaps on Solana, Adding Privacy to Solana’s Ecosystem

Elusiv, a privacy protocol building Web3’s universal encryption layer for a secure decentralized world, has launched the first Private Token Swaps on Solana. Now available via the Elusiv Web App, the Private Token Swap functionality “allows users to exchange assets without disclosing private information about… Read More

DeFi Adoption: Dexalot Subnet Receives Avalanche Multiverse Incentives of up to $3M

The Avalanche Foundation is providing up to $3 million in AVAX tokens to Dexalot, the central limit order book (CLOB) decentralized exchange (DEX) built “on an Avalanche Subnet.” The incentives come from Avalanche Multiverse, “a comprehensive program nurturing Avalanche Subnet growth and adoption.” Dexalot’s Subnet… Read More

Decentralized Finance Integration: 1inch has Integrated with Klaytn’s Kaikas Wallet

1inch has reportedly integrated with Klaytn’s Kaikas wallet. Under this partnership, the 1inch Swap API will “power token swaps in Kaikas, a versatile wallet ensuring interaction with the Klaytn ecosystem.” In its commitment to deliver a seamless DeFi experience across the globe, the 1inch Network… Read More

Alpaca Crypto to Introduce New Digital Tokens, Extended USDC Pairs, Upgraded ERC-20 Service

Alpaca Crypto is pleased to share updates with their traders and partners. Starting from 9 am EST on Friday, August 18th, they will be rolling out support “for new cryptocurrencies, expanding their USDC pair support, and facilitating deposits and withdrawals for all supported Ethereum (ERC-20)… Read More

Blockchain Interoperability: Connext, Tokensoft to Launch Crosschain Airdrops

Connext, the “pioneering” blockchain interoperability protocol, recently announced it is partnering with Tokensoft, the token launch and distribution platform, to launch Crosschain Airdrops as a Service. For the “first” time, airdrop recipients “can claim their tokens on any chain without the need to bridge or… Read More

Worldcoin (WLD) Crypto Token Now Available via Matrixport, a Digital Asset Platform

Worldcoin is described as “an open-source digital identification platform that aims to provide a solution for everyone to verify their human identity and differentiate themselves from AI in the digital space.” As noted in a blog post by Matrixport, the Worldcoin ecosystem reportedly “comprises three… Read More

Binance Revenues May Be Declining Rapidly, New Report Claims

A recent report has looked into just how quickly Binance revenues may be declining. Available trading data provides key insights regarding the status of Binance’s crypto-focused operations and its BNB digital token. As covered earlier this month, the WSJ had released an extensive report which… Read More

Bitstamp to Suspend Trading for Certain Crypto Tokens in the US: MATIC, NEAR, SOL, Other Virtual Currencies

At Bitstamp, they claim to have a comprehensive framework in place to continuously evaluate the cryptocurrencies we provide, “taking into account the dynamic regulatory environment. Considering recent developments, they are making some changes to our crypto offerings—specifically for our customers residing in the United States.”… Read More

Before Coinbase Lawsuit, SEC Reportedly Requested the Crypto Exchange to Only Support Bitcoin (BTC) Trading

The US Securities and Exchange Commission (SEC) had reportedly requested Coinbase (NASDAQ:COIN) to halt trading in all virtual currencies with the exception of Bitcoin (BTC) prior to filing a lawsuit against the crypto exchange in June of this year, the Financial Times revealed on Monday… Read More

Ripple Chief Legal Officer Says Court’s Ruling Regarding XRP Will Have “Profound” Consequences on How Digital Tokens Are Classified in the US

Fintech firm Ripple considers the recent court ruling (in the case Ripple v. US Securities and Exchange Commission (SEC) ) to be a “landmark victory” for the company and the entire crypto industry. As noted in a blog post, the recent ruling finds that XRP… Read More

Coin Metrics Takes Data-Driven Look at Digital Asset Markets, XRP After Milestone Ruling in US SEC vs. Ripple

Coin Metrics has taken a data-driven look at digital asset markets after a milestone ruling in the US Securities and Exchange Commission (SEC) v. Ripple Kyle Waters and Matias Andrade Cabieses from Coin Metrics noted in a detailed report that we’ve witnessed a significant development… Read More

LBRY Case Judge Makes a Ruling on Whether Secondary Cryptocurrency Sales Qualify as Securities

The LBRY case judge has recently made a ruling on whether secondary cryptocurrency sales are considered to be securities. Back in January 2023, attorney John Deaton had reportedly convinced the Judge in the US Securities and Exchange (SEC) vs. LBRY court case that secondary LBC… Read More

Digital Assets: Solana (SOL) Staking Now Available on Gemini

Digital asset firm Gemini is pleased to announce that clients are now able to stake Solana (SOL) through Gemini Staking, allowing users to seamlessly receive SOL staking rewards in their Gemini account. Gemini Staking now “supports staking for Ethereum (ETH), Polygon (MATIC), and Solana (SOL).”… Read More

DeFi Security Breach: Multichain Blockchain Network Suspended After Potential $130M Hack

Multichain has reportedly halted its network on a suspected $130 million hack, a move that has come just a month after the initiative’s CEO disappeared. The Multichain service stopped currently, and all bridge transactions will be stuck on the source chains. There is no confirmed… Read More

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