Token

Traders of Shiba Inu (CRYPTO: SHIB) have locked a staggering 7.38 trillion SHIB tokens into the derivatives market. This move has triggered a price surge and a renewed wave of optimism among the SHIB community. As per data from CoinGlass, the SHIB tokens locked in are valued at over $76 million....

World Liberty Financial, a decentralized finance (DeFi) platform associated with President Donald Trump‘s family, has publicized the launch of its WLFI token on the Ethereum mainnet. What Happened: The company confirmed the token’s launch on Saturday. Originally a governance-only token...

Recent events in the cryptocurrency world highlight Nvidia Corp‘s (NASDAQ:NVDA) influence on AI-related tokens. Nvidia, a leader in AI technology, reported higher-than-expected earnings for Q1, causing a stir in the digital assets market. Tokens like Render (CRYPTO: RNDR), closely tied to...

Floki (CRYPTO: FLOKI) was trading in the green at the time of writing, going against the broader meme market trend which saw powerhouses like Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) shed value in the last 24 hours. A new sports partnership might be fueling the surge.  What Happened:...

Societe Generale (OTCMKTS: SCGLY) announced the issuance of its first-ever digital green bond on the Ethereum public blockchain in the form of a Security Token. What Happened: SG-Forge, Société’s subsidiary, registered the bond worth around $11 million, and it went live on Nov....

Over $54.4 million worth of FLOKI (CRYPTO: FLOKI) tokens have been locked in the staking program within the first week of its going live. What Happened: To put this into perspective, the locked value represents approximately 17% of the total FLOKI token supply or nearly 18% of the circulating...

While former FTX chief Sam Bankman-Fried was on trial, the native token he created saw a two-week gain of 12%. The cryptocurrency currently stands at $1.18 at the time of writing, with a 24-hour trading volume of $32 million. What Happened: According to Fortune, speculators are hopeful that the FTT...

JPMorgan Chase & Co (NYSE: JPM) digital token JPMorgan Coin handles $1 billion worth of transactions daily and intends to continue widening its usage, Bloomberg reported, citing JPMorgan Chase & Co. Global Head of Payments Takis Georgakopoulos. He added the token trades mostly in U.S....

The world’s largest cryptocurrency exchange, Binance (CRYPTO: BNB) commenced this week with its 25th quarterly BNB burn of 2.14 million BNB, which is equivalent to $501.7 million. The burn includes 314.69 BNB, burned through the Pioneer Burn Program. This is compared to 1.99 million BNB...

UBS (NYSE: UBS) cut jobs last month at its Credit Suisse subsidiary. After trimming forces in the asset management division, UBS Asset Management is now looking forward to its first live pilot program of tokenized money market fund on Ethereum.   Find out more about tokenization and its...

CITI is set to make an appearance at the upcoming Future Of Digital Assets event powered by Benzinga on Nov 14 in NYC. Secure a spot here with code BZ10 for a 10% discount. In less than a week after Deutsche Bank (NYSE: DB) and HSBC (NYSE: HSBC) partnered with other companies for digital asset...

Polygon (CRYPTO: MATIC) proposed three changes for implementing the transition to Polygon 2.0. The changes involve the creation of a new POL token that will replace the current MATIC as the gas and staking tone of the ecosystem. Polygon is a blockchain platform for creating a multi-chain...

Kyber Network, a popular decentralized finance (DeFi) protocol, warned users of a possible security vulnerability in its Elastic platform, urging them to withdraw their funds as a precautionary measure. The team assured users that investigations are ongoing and no user funds have been lost. The...

MetaMask, a popular Web3 wallet provider, has issued a warning to its users about rumors circulating on social media regarding an imminent AirDrop. Reports of the AirDrop have been circulating on Twitter, with some users falling for the scam. What Happened: Cryptocurrency influencers have...

Bitcoin (CRYPTO: BTC) introduced NFTs that are stored entirely on its blockchain. These NFTs can hold up to 4MB of data, enabling the storage of short videos and even the Satoshi whitepaper on the blockchain. This has the potential to make Bitcoin a competitor to Ethereum (CRYPTO: ETH), which...