A new type of cross-chain bridge has been invented which integrates the interest-yielding properties of DeFi with second layer solutions for Ethereum.
A token is a unit of value that is released by an organization and based on a blockchain, acting as an alternative for tasks when a cryptocurrency is unable to be used. Tokens exist digitally as a distributed record in the register of a blockchain. To understand tokens better, it is important to realize that they are to attract investors in an initial coin offering or ICO. While new Bitcoins are made through mining, new tokens are made by an individual or entity that already has Bitcoins or other kinds of digital money. Everyone can invest in a start-up with a guarantee of getting a share of the income from transactions. So here, tokens work as stock but does not give its owner managing rights in the company. Inside an application, tokens function as an internal currency for buying products and services and they facilitate the investment of fiat money into the cryptocurrency-related projects. Here they perform as debentures with a guarantee of profit in a fixed period of time.
With secure data tokenization, we will see a mass migration of both applications and users from existing power infrastructures to blockchain.7853
The Dubai Financial Services Authority is reportedly looking to introduce two crypto-related consultation papers as part of its business plan in 2021.5880
New research from Glassnode indicates the top 1% of Chainlink holders control nearly 81% of the token’s supply.18546
A platform that delivers a central hub for DeFi trading aims to deliver a “powerful and intuitive” experience that opens up decentralized finance to all.5893
RIF got a nice price boost hours after its founder appeared on Pomp’s podcast.10206
How are trading platforms going to evolve in the coming years — and why is it important for crypto projects to integrate with one another? We asked two executives.7436
In a first for the blockchain world, the Grammy Award-winning band will use cryptocurrency tokens to distribute previously unreleased material.10297
Major German real estate group Vonovia has used the Stellar blockchain to transfer the ownership of real estate rights.24769
“Ripple’s all-star engineering team continues to grow,” Ripple CEO Brad Garlinghouse said of the firm’s new senior VP.21153
Binance has financially backed a tokenized hardware wallet for the first time — with the product offering a lightweight, simple and secure way to store digital assets.7117
A United States federal judge has reversed his decision to dismiss a lawsuit alleging that Overstock manipulated its share market by distributing a security token in 2019.11634
The major spot exchange platform has launched its mainnet trading chain OKExChain.5657
Revolut warned users that their XRP funds could be stuck "in a worst-case scenario."19303
Binance is set to list OG, ATM and ASR in its Innovation Zone and open trading against major cryptocurrencies like BTC and USDT.17306