9 / 14 Relevant items tagged with #Tokens

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DOJ wants SBF’s bail revoked over witness tampering, diary leak allegations

[Jul 30, 2023 1:01 AM] The filing revealed that on Jan. 15, 2023, SBF contacted the current general counsel of FTX US, who could potentially serve as a witness in the trial.

Lawmakers probe Apple’s App Store policies on blockchain, NFTs

[Jul 29, 2023 3:07 AM] Their letter aimed to explore whether these guidelines might inadvertently hinder the progress and growth of cutting-edge innovations.

SEC, Binance unite against Eeon’s lawsuit intervention

[Jul 29, 2023 12:42 AM] The U.S. SEC claims that Eeon has a history of repeatedly unsuccessfully representing itself in court cases.

Here’s how big food and beverage brands are using NFTs: Report

[Jul 28, 2023 5:39 AM] The key supporting factors for the market are the adoption of blockchain technology and the demand for NFTs for transparency and traceability in the food industry.

Hong Kong and Saudi Arabia collaborate on tokens and payments

[Jul 27, 2023 6:02 AM] The Saudi Central Bank warned in 2019 that Bitcoin is “not recognized by legal entities” but hasn’t made many statements on crypto since.

Securitize issues tokenized assets in Spain, plans September trading start

[Jul 27, 2023 6:00 AM] The U.S.-based trading platform is set to become the first to issue and trade tokenized assets in both the U.S. and the EU, and will operate under the new DLT pilot regime.

Italian central bank backs DeFi tokenization project with Polygon, Fireblocks

[Jul 26, 2023 8:00 AM] The Italian central bank’s Milano Hub has selected a project headed by Cetif Advisory and Polygon Labs in its second round of proposals.

Binance, CZ to Seek Dismissal of CFTC Complaint

[Jul 26, 2023 12:00 AM] Crypto exchange Binance and its founder and CEO Changpeng Zhao (CZ) plan to seek the dismissal of a lawsuit filed by the U.S. Commodity Futures Trading Commission (CFTC). On July 27, the trading platform is due to submit its response to the CFTC…

Avalanche Foundation allocates $50M investment to on-chain asset token purchases

[Jul 25, 2023 11:21 AM] Called "Avalanche Vista," the initiative will consider investing in any asset that can be tokenized.

Solana's Parrot Protocol submits proposal to go tokenless, investors risk face -89% returns

[Jul 22, 2023 2:49 PM] The proposal calls for the redemption of PRT tokens for liquid treasury value, and the transition to a no-token protocol. Community members referred to the move as a "financial crime".

Manta Network developer raises $25M in Series A, launches layer 2 for ZK apps

[Jul 19, 2023 7:00 AM] The funds will be utilized to expand the network, attract more users and explore diverse use cases for Manta Pacific.

Scarce Open Market Supply of Top Two Gold Tokens as Concentration Levels Run High Among Top Holders

[Jul 18, 2023 1:30 PM] Over the last six months, the value of an ounce of gold has witnessed a 3.8% surge in relation to the U.S. dollar. Within the realm of cryptocurrencies, there exist two noteworthy tokens backed by gold: pax gold (PAXG) and tether gold (XAUT)…

Enterprise blockchain: ‘Ethereum for Business’ explains key use cases

[Jul 16, 2023 7:01 AM] Paul Brody’s “Ethereum for Business” gives a basic overview of enterprise Ethereum, while providing real-world use cases of how EY clients leverage the technology.

A new age in investing: The transformative power of asset tokenization

[Jul 16, 2023 3:00 AM] From real estate to franchising, and from renewable energy to Hollywood, tokenization has the potential to transform the way we do business.

Trump Reveals NFT Income, Crypto Holdings in New Disclosure

[Jul 14, 2023 11:30 PM] Former U.S. President Donald Trump gave a more detailed account of his finances including proceeds from his non-fungible token (NFT) collection. The cryptocurrency balance of an Ethereum wallet has also been declared as part of $1 billion in income…

Google to Allow NFTs in Apps and Games on Play Store

[Jul 14, 2023 1:30 AM] Google will let developers expand offerings of blockchain-related content including through support for non-fungible tokens (NFTs) in apps on its store for Android devices. The change will allow users to earn and transact with digital collectibles…

Polygon proposes upgrading MATIC into a multipurpose token for all chains

[Jul 13, 2023 3:33 AM] The proposal for MATIC’s technical upgrade is subject to approval from the Polygon community. Once approved, MATIC’s upgrade to a multipurpose token will result in its renaming to POL.

Top Stablecoins See Steady Decline Over Past Month as Dollar-Pegged Token Economy Shrinks

[Jul 12, 2023 12:00 PM] The top stablecoins have continued to see redemptions over the past 30 days as the dollar-pegged crypto economy currently hovers at $127.32 billion on July 12. The stablecoin BUSD’s supply has dropped below the 4 billion mark as the…

Bank of China trials offline payments for digital yuan via SIM cards

[Jul 12, 2023 3:27 AM] The bank plans to enable users to make phone payments by integrating its e-CNY app with specialized "super SIM cards" that have near-field communication capabilities.

Connext founder proposes 'Sovereign Bridged Token' standard after Multichain incident

[Jul 10, 2023 1:50 PM] EIP-7281 will allow token issuers to list official bridges and limit the rate at which they can mint tokens, potentially limiting losses from bridge hacks.

XRPL grows in Q2 despite SEC lawsuit concerns: Report

[Jul 9, 2023 3:06 AM] The XRP Ledger saw a significant increase in the total new address count, which reached 138,790, representing a growth of 31.8% compared with the same period in 2022.

Ripple Labs to revolutionize real estate industry through tokenization

[Jul 8, 2023 12:28 AM] This innovative pilot program aims to enable users to tokenize real estate assets and utilize them as collateral for loans, leveraging Ripple’s CBDC platform.

Gaining speed on tokenization is vital for UK’s financial future, banking group warns

[Jul 6, 2023 3:45 PM] UK Finance says it’s not too late for the United Kingdom to make up for other jurisdictions’ faster start to securities tokenization, and it better do it if it wants to remain a global financial leader.

Binance ceases support for deposits and withdrawals of suspended Multichain-bridged tokens

[Jul 5, 2023 5:41 AM] This decision has implications for users who utilize bridged tokens on networks such as BNB Smart Chain, Fantom, Ethereum and Avalanche blockchains.

Japanese Crypto Issuers Won't Pay Taxes on Unrealized Gains, Govt. Clarifies

[Jun 26, 2023 3:57 AM] Token issuers in the country were subject to a 30% corporate tax for unrealized gains on their own tokens.

Token issuers in Japan exempt from 30% crypto tax on paper gains

[Jun 25, 2023 2:32 PM] Japan's National Tax Agency published a partial revision of its corporate tax guidelines, implementing new tax rules for token issuers.

Terra Allies’ Six Samurai team aims to revive the ecosystem

[Jun 25, 2023 2:50 AM] The Terra Allies senior full stack engineering team, known as the Six Samurai, has presented their Q3 spend proposal, emphasizing their deep passion as Luna Classic holders.

Tokenized FTX claim is used as collateral for a loan

[Jun 24, 2023 1:43 PM] A creditor of now-bankrupted crypto exchange FTX pledged a $31,307 claim as collateral for a DeFi loan.

Trader takes $4M short position on TrueUSD as issuer halts mints and redemptions

[Jun 24, 2023 1:22 AM] An Ethereum user used Aave’s v2 lending platform by depositing 7.5 million USDC as collateral.

TUSD Emerges Strong: 1 Billion Injection Bolsters Supply Amidst Declining Stablecoin Market

[Jun 21, 2023 3:09 AM] On June 16, TUSD supply surged by 52%! The difficulties the dollar-pegged token economy was facing were recently brought to light when significant redemptions caused its market valuation to drop to a 20-month low. Binance’s dominance in TUSD…