Tagged: tokens

September 26, 2024 @ 8:00 am By Omar Faridi  |  

Stablecoins are tokens whose values are pegged to other assets, like commodities or fiat currencies, to stabilize their prices. This, according to a report from CoinGecko. The research report from CoinGecko explains that “by maintaining a peg to a specific fiat currency, asset, or commodity,… Read More

June 25, 2024 @ 10:41 am By Omar Faridi  |  

At Tether, they claim to be deeply committed to maintaining a robust and innovative blockchain ecosystem for USD₮ and all other tokens we issue. To uphold this commitment, Tether says it constantly assesses “current transport layers, striving to strike a balance between maintainability, usage, and… Read More

June 8, 2024 @ 11:26 am By Omar Faridi  |  

Visa (NYSE: V) announced a significant milestone achieved by its tokenization technology, revealing that Visa tokens have generated more than $40 billion in incremental ecommerce revenue for businesses globally and saved $650 million2 in fraud in the last year. Visa also announced it has issued… Read More

March 14, 2024 @ 8:44 am By Omar Faridi  |  

The European Banking Authority (EBA) published the final draft Regulatory Technical Standards (RTS) that set out the requirements, templates, and procedures for handling complaints received by issuers of asset reference tokens (ARTs). The draft RTS fulfilled a mandate conferred “on the EBA in the Markets… Read More

September 6, 2023 @ 7:56 am By Michael Wong  |  

Global crypto exchange and Web3 company OKX has announced its support for the upcoming migration of Dora Factory (DORA) tokens, scheduled to take place on September 6, 2023, at 11:00 (UTC). In line with Dora Factory’s official token migration plan, OKX will cancel all pending… Read More

June 5, 2023 @ 7:58 pm By Omar Faridi  |  

Gr4vy, the cloud-native payments infrastructure company, announced the launch of its centralized cloud vault to securely tokenize, store, pull, update and distribute card data, including network tokens, as well as alternative payment methods (APMs) tokens and PSP tokens. Backed by PCI DSS Level 1 certification,… Read More

April 30, 2021 @ 1:50 pm By Samantha Hurst  |  

      U.S.-based cryptocurrency exchange PayBito announced on Thursday it has crossed $2 billion in its daily trading volume and is seeking to achieve $5 billion by the end of 2021. The latest milestone comes just a few months after PayBito announced it was experiencing record… Read More

May 23, 2020 @ 1:05 pm By Omar Faridi  |  

New York-based SMC Capital, a VC firm focused on blockchain technology, and Estonia’s bigX, a Fintech firm that provides a crypto-fiat exchange, have co-published an extensive report on initial exchange offerings (IEOs). IEOs came after initial coin offerings (ICOs), which are a type of crowdfunding… Read More

May 14, 2020 @ 11:28 pm By Omar Faridi  |  

Reddit, the popular social news aggregation and discussion website, is currently testing two Ethereum-powered tokens for platform users. The blockchain-based tokens may be earned as rewards for posting content to Reddit’s online forums. The two tokens, $BRICKS and $MOONS, will be awarded to user accounts… Read More

April 20, 2020 @ 7:58 am By Omar Faridi  |  

Singapore’s tax authority, the Inland Revenue Authority of Singapore (IRAS), confirmed that it will not be collecting taxes on airdropped cryptocurrency, provided that the recipients get them  for free. As noted in an income tax treatment guide, released on April 17, 2020, the IRAS clarified… Read More

March 25, 2020 @ 8:50 pm By Samantha Hurst  |  

Metal Pay, a U.S.-based digital money transfer service, announced on Wednesday it has formed a partnership with TRON to make TRX tokens available to users through Meta Pay’s mobile app. Metal Pay reported that through the partnership TRON users can earn up to 5% cashback… Read More

January 27, 2020 @ 7:27 am By Samantha Hurst  |  

TradeStation, an online broker-dealer and futures commission merchant, recently announced its subsidiary, TradeStation Crypto, has received additional state approvals. The platform reported that residents of Illinois, Rhode Island, Washington, and Wisconsin are now able to apply for a TradeStation Crypto account to trade cryptocurrencies. TradeStation revealed instead of being a… Read More

January 26, 2020 @ 10:46 pm By Samantha Hurst  |  

Just days after launching its equity crowdfunding campaign on Crowdcube, Travala, a service that lets users pay for hotel reservations with digital currencies, has successfully secured its initial £200,000 funding target from more than 230 Crowdcube investors. Founded in 2017, Travala claims it has become… Read More

December 25, 2019 @ 8:25 pm By Omar Faridi  |  

Blockchain development company Hedera Hashgraph announced recently that their platform’s HBAR tokens can be locked by their holders, in order to earn rewards in digital currency. According to Hedera’s December 23 blog post, the new incentive program will begin early next year. HBAR holders that… Read More

May 30, 2019 @ 9:10 pm By Samantha Hurst  |  

Hong Kong-based cryptocurrency platform Crypto.com announced on Thursday the listings of Chainlink’s LINK, Ethereum Classic’s ETC, and WAVES Tokens on its Wallet and Card App. The tokens notably join a growing list of cryptocurrencies and stablecoins on the platform, which includes Bitcoin (BTC), ether (ETH),… Read More

May 13, 2019 @ 11:21 am By Samantha Hurst  |  

Austria-based fintech Bitpanda announced on Monday it has launched gold and silver trading for its one million users. Bitpanda reported that with Bitpanda Metals it is introducing the user experience and convenience of buying digital assets to the world of precious metals trading. Bitpanda also… Read More

May 3, 2019 @ 8:28 am By Samantha Hurst  |  

OKEx, a Malta-based digital assets exchange, announced on Friday it has listed its native token, OKB, on CoinMarketCap. The crypto websites have also announced their partnership.  Together with the 11 exchanges that are in collaboration with CoinMarketCap, OKEx is dedicated and opened to working with… Read More

April 26, 2019 @ 8:50 am By Samantha Hurst  |  

Hong Kong-based cryptocurrency platform Crypto.com recently announced it has added Paxos Standard’s PAX token to its Wallet & Card App, joining bitcoin (BTC), ether (ETH), Litecoin (LTC), Binance Coin (BNB), XRP, Enjin Coin (ENJ), Basic Attention Token (BAT), and its own MCO and CRO tokens. … Read More

April 25, 2019 @ 9:08 am By Samantha Hurst  |  

Canadian cryptocurrency platform Coinsquare announced on Thursday the addition of  Stellar Lumens (XLM) to its coin offering. According to Coinsquare, XLM is the first coin from the global payment system Stellar and is known for facilitating the transfer of funds instantly around the globe, and built… Read More

April 15, 2019 @ 12:36 pm By Samantha Hurst  |  

The Security Token Academy (STA) announced last week it has unveiled a new video series that highlights the companies that are pioneering the security token industry. According to the STA, the videos feature a dozen industry leaders from the organization’s Corporate Members discussing how security tokens… Read More