Follow up
As the United States House Financial Services Committee looks to further impede the introduction of a digital dollar, where does this resistance to a CBDC stem from?
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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.
- Interview
Decentralized identities offer ownership and control over digital identities, increasing user empowerment and promising greater sovereignty in the digital landscape.
8695 - News
The Optimism network has revealed that it will sell 116 million OP tokens in a series of planned sales.
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The new blockchain-based service will use tokenized deposits for trading and liquidity services after two pilots.
2787 - Interview
While TradFi is the main source of demand for blockchain tech, digital identity and supply chain are exciting areas too, according to Google Cloud Head of Web3 James Tromans.
8872 - News
During a panel moderated by Cointelegraph editor-in-chief Kristina Lucrezia Cornèr at the Swiss Web3 Fest, industry experts provided insights into how tokenization enables solutions never seen before.
6642 - News
The Dutch bank used Tokeny’s platform to issue and manage digital green bonds operating on Polygon’s layer-2 Ethereum protocol.
3040 - News
Deaton is known for his active engagements in legal proceedings and discussions surrounding cryptocurrency regulations and legal actions.
14560 - News
ANZ’s banking executive Nigel Dobson says the bank sees “real value” in tokenizing real-world assets on-chain like the Aussie dollar.
6167 - News
Analysts at market intelligence platform Santiment suggest that the Ether market may experience increased volatility, potentially leading to a recovery.
3561 - News
Messaging app Telegram endorsed TON as its blockchain network of choice for Web3 infrastructure, boosting Toncoin’s price by 7%.
6235 - Opinion
Ripple Labs built its XRP token on a centralized system. But with legal action against Ripple coming to a close, it could move toward a more open platform.
8587 - Analysis
NFTs have taken a massive hit since the 2021 bull market, but some experts say they could make a comeback.
2258 - Use Case
Modular oracle aims to help DEX platforms offer derivatives trading of gold, silver, oil and other real-world assets, like tokenized Treasury bills, with tailor-made data feed models.
22728 - News
Banana Gun’s newly launched token plummeted more than 99% within three hours of its launch after a bug was discovered in its contract.
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