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token

28 Mar 23

Flare token up 20% after Coinbase adds to listing roadmap

The price of FLR, the native token of the EVM-based layer-1 blockchain Flare, has shot up by more than 20% in the past 24 hours. On CoinMarketCap, FLR is trading at $0.04056, a 20.46% difference over the previous 24 hours. FLR 24-hour price movement | Source: CoinMarketcap Some have tried to explain the uptick because […]

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27 Mar 23

Rook DAO proposes dissolution, treasury distribution to token holders

The Rook DAO community has proposed a dissolution of the DAO, citing network stagnation, poor management, and DAO exclusion. Rook DAO to dissolve The ROOK protocol has recently suffered severe criticism, especially from the DAO. On March 22, Wismerhill proposed the network dissolve the DAO and allow token holders to get some tokens from the […]

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18 Mar 23

Arbitrum unveils ARB token airdrop to convert its protocol to DAO

The Arbitrum Foundation, in collaboration with Offchain Labs, has declared March 23 as D-day, for the airdrop of its new governance token for Arbitrum. The newly launched ARB token will give the holders exclusive rights to vote on advancements in the prominent Ethereum (ETH) layer two landscape. ARB airdrop Ethereum’s leading layer 2 network, Arbitrum, […]

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17 Mar 23

HNT keeps falling after Binance said it will delist token

Binance.US and Binance have recently announced they would delist the HNT token given the upcoming migration to Solana. Since then, the coin has been losing value. This decision by Binance.US saw the value of HNT drop significantly, with the token losing 20% of its value in just 24 hours. The coin’s token value is now […]

hong kong

06 Feb 23

South Korean regulatory body gives security token guidelines

Ahead of the proposed legalization of cryptocurrencies in Korea, the financial services commission (FSC) published rules on Jan. 6 that outline which digital assets will be regulated as securities in the country. The guidelines stipulate that all blockchain-based tokens will be treated and regulated as securities provided they have inherent characteristics that fit them into […]

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06 Jan 23

Blockchain Association of Singapore pushes back on token lending prohibition

The Blockchain Association of Singapore (BAS) opposes “overly restrictive” proposal by Central Bank of Singapore. BAS opposes proposal to ban token lending The Monetary Authority of Singapore (MAS), Singapore’s Central Bank, recently suggested a prohibition on lending digital tokens by cryptocurrency companies to retail customers. The Blockchain Association of Singapore, a significant cryptocurrency lobby group, […]

FTX generic 1

22 Dec 22

FTX funded most of Blockfolio takeover using FTT token

The FTX crypto exchange network reportedly funded a large part of the Blockfolio takeover using the FTT token. There have been ongoing allegations that the exchange has been making fraudulent purchases and acquisitions. FTX used FTT tokens to purchase Blockfolio The FTX saga continues weeks after the exchange’s demise, with new reports indicating improper financial […]

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