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Tokens News
A crypto token is an asset based on the blockchain of another asset, which is called a coin. Part of the definition of tokens is that they do not run on their own blockchains — a key distinction in clearing up the token vs. coin confusion.
Projects often build solutions on existing networks, such as Ethereum. Ethereum has a coin, called Ether (ETH), running on its blockchain. The majority of the tokens built on the Ethereum blockchain are ERC-20 tokens, or ERC-721 tokens if they are nonfungible tokens, or NFTs.
Each project typically employs its own token, meaning that the token runs on the blockchain on which the project was built. An entity can create a cryptocurrency token for a number of reasons, including use within a broader ecosystem. ICO tokens were popular during the initial coin offering boom of 2017.
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Zabu confirmed that the attacker successfully pulled out 4.5 billion tokens in Zabu Farm Contract and stole around $600K.
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Nasdaq, alongside Finnhub and Tiingo, will be providing its price feeds to DeFiChain, a DeFi platform built on the Bitcoin network.
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Bitfinex’s new security token platform will provide exposure to blockchain-based equities, bonds and investment funds.
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The NFL has reportedly restricted cryptocurrency and NFTs until the league establishes a strategy “for sports digital trading cards and art.”
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The chair of the United Kingdom’s Financial Conduct Authority has warned that over-extending the reach of regulators could backfire in the case of some cryptocurrency tokens.
6458 - News
As the largest banking and financial institution in Russia and one of the world’s biggest public companies, Sber’s move into digital assets is a significant one.
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ICPunks clown-based collectibles are seemingly inspired by musical duo Insane Clown Posse and the early NFT project, CryptoPunks.
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Since inception, the project has raised a cumulative $31 million from investors, which include some of blockchain’s biggest venture funds.
7257 - Expert Take
Blockchain offers great efficiency — and this is the main reason it will be increasingly prevalent over the next decade.
13921 - Opinion
Branded stablecoins will revolutionize reward points in the same way nonfungible tokens are revolutionizing ownership.
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The upcoming blockchain-based music investment platform is open to using different blockchain technologies.
6634 - Opinion
Blockchain technology and nonfungible tokens are transforming the way that intellectual property is licensed and sold.
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Microsoft’s new device is designed to allow developers to write code for managing tokens in a manner that is blockchain agnostic.
8723 - News
InCore Bank has also announced the upcoming launch of Tezos custody, staking and trading services targeting financial institutions.
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