Tagged: utility tokens

Digital Assets and Banking Platform Cashaa to Expand Operations in India, the UK, Europe, US

UK-based Cashaa, a digital asset exchange and banking service provider, has revealed that it’s listing on KuCoin exchange in order to promote the adoption of its native CAS token. As reported in July 2020, more than $3 million in Bitcoin (BTC) were allegedly stolen from… Read More

Binance Launchpool Introduces the Unifi Protocol DAO, a Multi-Chain Smart Contract based DeFi Solution

Binance Launchpool, a new project designed to bring the decentralized finance (DeFi) experience to the crypto exchange’s users, has introduced a project, called Unifi Protocol DAO (distributed autonomous organization), which is “a working multi-chain smart-contract based DeFi solution.” As explained by the Binance team, Unifi… Read More

Transledger to Use Telos, One of the Most Active Blockchains, to Perform Cross-Chain Digital Asset Transfers

Telos, one of the most active blockchains or distributed ledger technology (DLT)-based platforms according to Blocktivity data, revealed on May 26, 2020, that Transledger will be using its blockchain network to perform cross-chain transactions in a fast and secure manner. As mentioned in a press… Read More

Reddit Introduces Two Ethereum Tokens as Rewards for its Cryptocurrency and Fortnite Subreddits

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

Singapore’s Inland Revenue Authority Says it Won’t Collect Taxes on Cryptocurrency Airdrops or Hard Forks

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

Atomic Asset Exchange, a New Crypto Trading Platform, Is Launching its Native Token, AAB

The Atomic Asset Exchange (AAX), a newly developed digital currency exchange that offers over-the-counter, spot, and futures trading, confirmed on March 31, 2020, that it will be introducing its native exchange token, called AAB. AAX aims to connect crypto to the larger, traditional financial system…. Read More

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