Tokens Financial News

01.08 / 03:13

NFT Airlines Tokens Metaverse Fiat Money Nifty News: Yuga Labs to buy metaverse studio, Etihad NFT staking to take off and more

Nonfungible token (NFT) conglomerate Yuga Labs has agreed to acquire the metaverse-building startup Roar Studios as Yuga looks to bolster its Otherside metaverse.

31.07 / 17:45

Blockchain Ethereum Tokens Scams Launch memecoin Rug Pull BALD token developer denies rug pull as price falls 85% post-launch

A new memecoin on Coinbase’s Base network fell 85% after its developer allegedly pulled liquidity of 1,034 Ether (ETH), worth approximately $1.9 million, from the market, according to social media reports. The developer for BALD denied making any market sales of the coin, stating that they “only added/removed 2 sided liquidity and bought.”

29.07 / 09:11

business Technology regulation Apple Tokens Congress lawmakers Lawmakers probe Apple's App Store policies on blockchain, NFTs

Representatives Gus Bilirakis, from Florida and of the Republican Party, and Jan Schakowsky, representing Illinois and affiliated with the Democratic Party, both serving in the United States Congress joined forces and took the initiative to address their concerns directly to Apple CEO Tim Cook. on the California-based company's App Store guidelines and its effect on emerging technologies like blockchain and nonfungible tokens (NFTs).

28.07 / 13:41

Technology Adoption NFT Tokens Here’s how big food and beverage brands are using NFTs: Report

Nonfungible token (NFT) adoption is picking up steam across the food and beverage industry, with many fast-food chains showing interest in the asset class.

27.07 / 12:09

Government Blockchain regulation Tokens Hong Kong and Saudi Arabia collaborate on tokens and payments

Hong Kong is expanding its financial collaboration with the Kingdom of Saudi Arabia, targeting agreements related to tokenization and payments infrastructure.

27.07 / 12:09

Blockchain Europe Tokens European Union Digital Asset Securitize issues tokenized assets in Spain, plans September trading start

Digital asset trading platform Securitize has begun tokenizing equity in the Spanish real estate investment trust Mancipi Partners, it announced on June 27. The firm expects to launch secondary trading on the Avalanche blockchain in September.

26.07 / 14:35

business security Tokens Bank of Italy innovation hub supports research into security tokens on secondary markets

The Bank of Italy’s Milano Hub innovation center will provide support for a project developed by Cetif Advisory to research a security token ecosystem for institutional decentralized finance (DeFi).

25.07 / 17:33

Blockchain Adoption Tokens avalanche Avalanche Foundation allocates $50M investment to on-chain asset token purchases

The Avalanche Foundation announced the launch of “Avalanche Vista,” a $50 million initiative to spur tokenization on the Avalanche blockchain, on July 25.

22.07 / 20:57

business defi Tokens Governance Token Returns Solana's Parrot Protocol submits proposal to go tokenless, investors risk face -89% returns

A recent proposal from Parrot Protocol's team, a Solana-based liquidity network, has sparked controversy among its community members. The proposal, up for vote until July 27, calls for the redemption of its PRT tokens for liquid treasury value, and the transition to a no-token protocol.

19.07 / 14:41

business privacy Tokens Bitcoin network manta zk Manta Network developer raises $25M in Series A, launches layer 2 for ZK apps

P0x Labs, the cryptographic development team behind Manta Network, has announced that it raised $25 million in a Series A funding round, with leading contributions from Polychain Capital and Qiming Venture Partners. The funding gives the company a $500 million valuation.

18.07 / 09:25

Blockchain Tokens Real Estate Shaping an emerging token economy with Brickken: AMA recap

Brickken CEO and co-founder Edwin Mata shared his views on the future of tokenization, the company's plans and inner workings during Cointelegraph's recent AMA session.

16.07 / 09:37

business Blockchain NFT Web3 Tokens Real Estate banking Power Asset Tokenization A new age in investing: The transformative power of asset tokenization

Asset tokenization has long been regarded as one of the most compelling applications of blockchain technology. Back in June 2019, the United States investment banking giant BNY Mellon declared it has the potential to “dramatically change the dynamic” for investors and unlock opportunities that were previously out of reach.

13.07 / 09:41

business Blockchain Polygon Tokens Upgrade Polygon proposes upgrading MATIC into a multipurpose token for all chains

Ethereum layer 2 development firm Polygon proposed upgrading its in-house MATIC (MATIC) token into a multipurpose token that can be used to validate multiple chains.

12.07 / 10:35

Blockchain NFT Web3 Gaming Tokens gone Where Web3 games have gone wrong — and how to fix it

The world of crypto and Web3 is fast-moving, with new trends emerging all the time. However, the industry has a bit of a problem when it comes to public perception. Figures from Pew Research Center suggest that among Americans who have heard about cryptocurrencies, 75% are either not very or not at all confident in their safety and reliability.

12.07 / 09:55

Blockchain CBDC Adoption Tokens Bank of China trials offline payments for digital yuan via SIM cards

Bank of China, one of the largest state-owned banks in China, is currently conducting trials for a novel offline payment system that connects to SIM cards. This payment method is designed specifically for the digital yuan, also known as the e-CNY, which is China's central bank digital currency (CBDC) currently being tested.

10.07 / 19:57

Blockchain Ethereum Stablecoin defi Developers Tokens Standard Multichain Connext founder proposes 'Sovereign Bridged Token' standard after Multichain incident

An Ethereum Improvement Proposal (EIP) made on July 7 seeks to standardize how tokens are bridged between networks. The “Sovereign Bridged Token” standard, or EIP-7281, allows token issuers to create canonical bridges across multiple networks.

09.07 / 09:39

business Blockchain XRP Tokens Messari sec lawsuit XRP grows strong in Q2 despite SEC lawsuit concerns, Messari report

Despite lingering concerns over the Ripple vs SEC lawsuit, XRP has demonstrated significant growth in multiple areas of its protocol during the second quarter (Q2) of this year, as revealed by a recent report from crypto analytics platform Messari.

08.07 / 09:57

business Blockchain CBDC Ripple Tokens Ripple Labs Ripple Labs to revolutionize real estate industry through tokenization

Digital payments and blockchain technology company Ripple Labs has announced an initiative to transform the real estate industry using tokenization.

06.07 / 22:49

Adoption security Tokens DLT UK government Future Financial Gaining speed on tokenization is vital for UK’s financial future, banking group warns

Advocacy group UK Finance is urging the British government to encourage securities tokenization. The market is small now, but the future stakes are high, it said.

05.07 / 11:53

business Blockchain Binance Tokens Withdrawals Multichain Support Binance ceases support for deposits and withdrawals of suspended Multichain-bridged tokens

Binance cryptocurrency exchange has announced it is ceasing its support of deposit and withdrawal services for a range of Multichain-bridged tokens, effective from July 7, 2023.

04.07 / 04:57

Adoption NFT Tokens Fashion Credit Suisse Nifty News: Blue chip NFT prices wobble, Credit Suisse tries tokens and more

The largest nonfungible token (NFT) collections by market capitalization are in a sea of red as the cheapest NFTs in their collections took dives over the past week with some hitting near two-year lows.

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