It is not just bitcoin. A number of cryptocurrencies are posting even more garish numbers than the progenitor of digital money. Ethereum, a longtime favorite of tech geeks, quintupled in value from its 12-month low on March 16, outpacing bitcoin’s 295% rise over the same period. And XRP, a lightning …
Read More »The role of non-fungible tokens in art
Today, the artwork can be downloaded and copied for free. Artistic ownership and royalties for artists suffered a serious injury. Fortunately, non-fungible tokens (NFTs) have arrived as a new balm for authenticating ownership of digital artifacts. Non-fungibility simply means that the tokens are unique and indivisible, like cars or houses. …
Read More »Net Fake Ethereum Tokens $ 53,000 in just 30 minutes
In the letter The latest announcement of Andre Cronje’s project saw scammers immediately issue fake “DWAP” tokens. One of these scammers won $ 53,000 in under 30 minutes. Over 30 fake DWAP tokens have been issued since then. When Yearn Finance (YFI) creator Andre Cronje tweeted on its new lending …
Read More »SEC grants IMVU authorization to sell digital tokens
The Securities and Exchange Commission (SEC) of the United States has granted to another cryptocurrency companies permission to sell his native cryptocurrency. On Thursday, the SEC issued a “letter of no action” (dated November 17) to IMVU, a digital avatar company, allowing the company to sell its VCOIN digital tokens …
Read More »Binance Unveils Wrapped Tokens for Ethereum
Image from Shutterstock On November 12, Binance announced the launch of its new set of wrapped tokens for the Ethereum blockchain. Users can now convert some of their digital assets back and forth between Binance Smart Chain and the Ethereum ecosystem to explore various new decentralized apps and projects. Wrapped …
Read More »xBTC Using Chainlink Oracles Live on Mainnet to rebase digital assets, reinventing how Blockchain tokens work
NEW YORK, November 12, 2020 / PRNewswire / – xBTC has integrated Chainlink with xBTC live on the mainnet to launch a new type of product that uses Chainlink oracles to dictate the economy of a token. This first-of-its-kind integration creates a spot price for a new data point that …
Read More »Reversible Ethereum transactions, digital oil tokens and other news
Source: Adobe / nmsimoes Get your daily summary of cryptoasset and blockchain related news, investigating the stories flying under the crypto news radar today. Crypto Adoption News Kirobo, the Tel Aviv-based startup that created a “cancel button” for previously irreversible Bitcoin (BTC) transactions, available for MetaMask is WalletConnect owners, made …
Read More »Binance launches BTokens – Wrapped Tokens on Ethereum
Binance, one of the world’s most popular cryptocurrency exchanges, today announced the introduction of BTokens, Binance’s offering of Ethereum-wrapped tokens. With BTokens, users can convert existing crypto assets to Ethereum, while also exploring a new ecosystem of decentralized apps and projects. This is a significant development, especially as this is …
Read More »First engine: Bitcoin Pause, Ethereum Snafu, 1,000% returns focused on exchange tokens
Bitcoin was higher, pushing towards the upper limit of its recent range between around $ 14,700 and $ 15,600. “The positive sentiment towards bitcoin has not faded,” said Denis Vinokourov, head of research at crypto prime broker Bequant. In traditional markets, Asian equities tumbled, led by Alibaba and Tencent, as …
Read More »Bitcoin Cash’s price falls as tokens flood exchanges ahead of its next hard fork
Bitcoin Cash’s price has fallen 6% in the past four days since its next hard fork. Bitcoin Cash will undergo a protocol update on Sunday November 15, 2020, which will result in a hard fork. The price of Bitcoin Cash has been declining for the past few days, with BCH …
Read More »