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Avalanche Foundation Snaps up KIMBO, COQ, and Three Other Tokens as First Meme Coin Investment
15.3.2024
The Foundation first said in December it would invest in meme coin as part of a digital culture drive
Solana-Based Crypto Exchange Drift Plans Pre-Launch Market for New Tokens
14.3.2024
Drift Protocol – a crypto spot and futures exchange that operates on the Solana blockchain – plans to expand into "pre-launch markets," too, with a service that lets traders bet on the price of tokens before they start officially trading
Possible effect of Ethereum’s Dencun Upgrade on Layer-2 tokens
14.3.2024
Ethereum’s Dencun upgrade is slated to go live in the middle of March 2024. All eyes are on its Dencun Upgrade, which commits to bringing economic cost and efficiency transactions to the native network. Also, there are speculations that layer-2 tokens could get a potential boost from Dencun...
Thailand Offers Crypto Tax Break to Promote Investment Tokens
14.3.2024
The Thai government has approved crypto tax break for individuals holding investment tokens, looking to encourage the use of these tokens for fundraising purposes.
The post Thailand Offers Crypto Tax Break to Promote Investment Tokens appeared first on Cryptonews
Lark Davis, Founder of Wealth Mastery, on Bitcoin ETF In-Flows, AI Tokens, DePIN, Aidrops, and 2024 Crypto Market Cycles | Ep. 316
13.3.2024
Popular investor Lark Davis discusses the results and potential effects of Bitcoin and Ethereum ETFs, our current position in the market cycle, price predictions, airdrops, BlackRock not being our friend, and more.
The post Lark Davis, Founder of Wealth Mastery, on Bitcoin ETF In-Flows, AI Tokens...
Phishing Scammers Stole $47 Million From 57,000 Victims in February Alone — Report
13.3.2024
Nearly $47 million was stolen from approximately 57,000 crypto users by criminals who use phishing scams to lure victims. The Scam Sniffer data highlights that most of the thefts occurred on the Ethereum chain, with ERC-20 tokens being the most targeted. Unlike in January, the number of victims...
U.S. Govt. Study Concludes No NFT-Specific Legislation Needed Yet, Current Copyright Laws Adequate
13.3.2024
The current intellectual property laws are adequate to deal with concerns about copyright and trademark infringement associated with non-fungible tokens (NFTs)
Ethereum Layer 2 Tokens gain interest before Dencun Upgrade
13.3.2024
The Dencun upgrade to Ethereum is anticipated to significantly reduce transaction fees on layer-2 networks and enhance the scalability of Ethereum as a whole. The cryptocurrency has garnered investor attention and witnessed an appreciation in value for Ethereum Layer 2 (L2) tokens due to...
Bitcoin Developers Forge Alliance to Standardize BRC-20 Tokens Amid Rising Popularity
12.3.2024
A coalition of Bitcoin developers have rallied to govern the BRC-20 fungible token standard as the Ordinals protocol surges in popularity. The coalition, which calls itself the Layer 1 Foundation, announced its new BRC-20 governance structure in a lengthy tweet on X on Monday. The Layer...
Arbitrum to Unlock $2.32 Billion in Vested ARB Tokens on March 16
12.3.2024
Arbitrum, a Layer-2 blockchain network, is gearing up to release $2.32 billion worth of vested Arbitrum ARB tokens on March 16.
The post Arbitrum to Unlock $2.32 Billion in Vested ARB Tokens on March 16 appeared first on Cryptonews
Bitcoin Asset Protocol BRC-20 Enhances Governance with New Maintainers
11.3.2024
The BRC-20 protocol, a well-known standard for creating tokens on the Bitcoin blockchain, underwent a major overhaul in its governance structure. This strategic move aims to foster a more decentralized and collaborative future for the protocol.
The post Bitcoin Asset Protocol BRC-20 Enhances...
Beyond the Hype: Smog Token’s Rise as a Trailblazer in Crypto Alongside FLOKI and Pepe
11.3.2024
Meme coin mania is in full swing as the new trading week begins. Among the Ethereum-based tokens gaining traction, Smog (SMOG) is catching investors’ attention alongside the surge in prices of Pepe (PEPE) and Floki (FLOKI). The speculative mania surrounding the sector has propelled these...
Floki Inu Holders are Migrating To This New Crypto ICO To Hunt For 100x ROI Tokens
11.3.2024
As the Floki Inu (FLOKI) price consolidates below $0.0003, having pumped up nearly 8x in two weeks, profit-taking holders are migrating to a new crypto ICO called Sponge (SPONGE) as they hunt for 100x return on investment (ROI) tokens.
The post Floki Inu Holders are Migrating To This New Crypto...
Performance of AI-Related Crypto Tokens Driven by News and ‘Memetic Speculation’ — Coinbase
11.3.2024
Since the beginning of the last quarter of 2023, artificial intelligence (AI)-related crypto tokens have not only outperformed the top two crypto assets but have also outpaced key AI stocks such as Nvidia and Microsoft. According to a report by Coinbase, much of this market-beating performance...
Coinbase Says Value of Many AI Tokens is “Overstated” as Sector Surges 37% in Past Week
8.3.2024
The AI token market has experienced a surge in prices that, according to a research report from leading crypto exchange Coinbase, may be driven more by hype than actual utility.
The post Coinbase Says Value of Many AI Tokens is “Overstated” as Sector Surges 37% in Past Week appeared...
Optimism Sells $89M OP Tokens in Private Transaction
8.3.2024
The tokens have been sold to an undisclosed buyer and will be vested for two years
Memecoin Sector Surges 84% in Past Week, Outperforming Red-Hot AI Tokens
8.3.2024
The memecoin sector has taken center stage in the midst of a bullish crypto market, outperforming even red-hot AI tokens.
The post Memecoin Sector Surges 84% in Past Week, Outperforming Red-Hot AI Tokens appeared first on Cryptonews
Pantera Capital in Quest for Funds to Acquire Solana from Bankrupt FTX Estate
8.3.2024
Crypto asset manager Pantera Capital is seeking funding from major investors to purchase Solana (SOL) tokens at a discounted rate from the bankrupt FTX estate.
The post Pantera Capital in Quest for Funds to Acquire Solana from Bankrupt FTX Estate appeared first on Cryptonews
SEC Chair Gensler Cautions About Crypto Investing — Warns ‘Thousands’ of Crypto Tokens May Be Securities
8.3.2024
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has cautioned about crypto investing. “This is a highly speculative asset class. One could just look at the volatility of bitcoin in the last few days,” he stressed, warning that thousands of crypto tokens may...
First Mover Americas: AI Tokens Reclaim the Spotlight
7.3.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for March 7, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets