Cryptocurrency Analysis and News Portal
On March 7, onchain observers noticed that Vitalik Buterin, the co-founder of Ethereum, had allegedly sold billions and trillions of airdropped ERC20 tokens, resulting in a gain of an estimated $700,000 in value. The market liquidity of the airdropped tokens was shallow, and the relatively unknown ERC20 tokens plummeted in
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Binance has increased the number of assets accepted by its proof-of-reserves (PoR) system from 15 to 24 by adding 11 new digital currencies. Dogecoin, Curve DAO Token, and 1inch are among the added tokens. The crypto trading platform has announced that, as of the most recent update, the total value of
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According to an announcement on Mar. 7, cryptocurrency exchange Binance has added an additional 11 tokens to its proof-of-reserves (PoR) report. These include MASK, ENJ, WRX, GRT, CHR, CRV, 1INCH, CVP, HFT, SSV, and DOGE. With the latest update, Binance says it now has over $63 billion across 24 assets
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The waiving of corporation and sales taxes targets companies that issue digital tokens for investment Original Source
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“The events of the last year have made it clear that legitimate crypto and DeFi projects with a long-term strategy can no longer afford to operate outside the bounds of TradFi regulatory frameworks,” said Republic Crypto head Andrew Durgee in a press release. ”Astra Protocol converges the best of both
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The project, which is still under development, will live on non-fungible-token platform Mintbase. By using blockchain technology, the platform is “building out a core database and a publishing back end that allows these photographers to be able to license their photos” on social-media websites and in magazines, Davis said. Source
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That created a rush for Xmon tokens in mid-February when sudo initially become tradeable. Prices of xmon jumped from $19,000 to lifetime peaks of $43,000 in a single day as traders purchased the tokens, and then locked those for becoming eligible for the sudo lock drop. Source
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A central focus for many in the Web3 community has been improving identity solutions available to consumers. Last year the emergence of soulbound tokens (SBT) introduced a new way for users to define themselves. Although the SBT hype quieted over the last months, they have not disappeared off the scene. On Mar.
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Gaming- and metaverse-affiliated tokens, which led January’s winner board, were among February’s biggest laggards. GMT, the native token of the STEPN ecosystem in the Culture and Entertainment sector, dipped 33% this month, while Gala Games' native GALA token, which surged 233% last month, dropped 28% in February. Original Source
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By Marcus Sotiriou, Market Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK). Bitcoin dropped below $23,000 over the weekend, after SEC Chairman Gary Gensler’s opinion on which
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