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Showing posts with the label tokens

XRP whales load up on 150 million tokens — should you buy the dip?

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In the midst of a market-wide pullback, XRP has demonstrated an unexpected degree of resilience, having posted smaller losses than many other leading digital assets. Despite worries that a crash below the crucial $2 support level could lead the price of the token to plummet, over the last 24 hours, XRP has only seen modest changes in price, amounting to a 0.03% loss. It seems that the bulls are having a relatively easy time keeping XRP above $2.30. At press time, the token was trading at $2.33, having marked a 10.22% gain since the start of the year. For the sake of comparison, Bitcoin (BTC) has marked a 12.27% loss in the same timeframe — while the S&P 500 benchmark index has shed 3.73% in value. Picks for you Top 3 commodities to invest in 2025 2 hours ago ...

Most Trending Cryptocurrencies on Base Chain Now – Brett, Mister Miggles, Chaos

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Looking for the next big thing in cryptocurrency? Meet Brett, Mister Miggles, and Chaos, three trending tokens that are shaking up the market with their unique stories and potential. Each of these tokens brings something exciting to the table, captivating both investors and traders. Most Trending Cryptocurrencies on Base Chain Now Have you heard of Brett, the meme-inspired token turning heads with its innovative community engagement? Or Mister Miggles, a playful yet purposeful coin dedicated to empowering creators? And then there’s Chaos, a coin merging artificial intelligence with decentralized finance to redefine the DeFi experience. Their unique use cases make them the most trending cryptocurrencies on Base Chain now . 1. Brett (BRETT) Brett is a meme-based cryptocurrency inspired by the character Brett from Matt Furie’s “Boys’ Club” comic series. Launched on the Base blockchain, a layer-2 solution incubated by Coinbase, BRETT has quickly become a pr...

Uniswap Labs pays $175K to settle CFTC charges

Uniswap Labs has settled charges with the Commodity Futures Trading Commission (CFTC) that allege it violated the Commodity Exchange Act.  The settlement does not involve Uniswap admitting or denying the allegations contained within the order.  The order targets Uniswap Labs, citing its contributions to the protocol and providing an interface to use it. The protocol and interface were then supposedly used to trade tokens meant to represent “leveraged exposure to digital assets” such as ether and bitcoin.  The tokens in question are BTC2XFLI, ETH2XFLI, ETH2XFLI-P, BTC2XFLI-P, and oSQTH. These were issued by ‘Issuer 1,’ which seems to be Index.  The CFTC feels that both ether and bitcoin are commodities and that offering these assets through the interface Uniswap Labs created, without ensuring users were all eligible contract participants , is a violation of the Commodity Exchange Act. The monetary penalty was reduced to this level in light of Uniswap La...

Pullix (PLX) solid as ERC-404 tokens Pandora, DeFrogs plummet

ERC-404 tokens have plummeted, with PANDORA and DEFROGS seeing huge declines in the past 24 hours. Pullix (PLX) is getting closer to its hybrid exchange launch and the PLX presale has surpassed $5.3 million. While Crypto markets heat up amid recent gains, the ERC-404 token ecosystem has experienced a significant decline. In the past 24 hours, PANDORA, DEFROGS and RUG have all seen double-digit losses. Meanwhile, and away from the experimental token standard on Ethereum, new platform Pullix (PLX) is edging closer to its launch. PANDORA leads ERC-404 slump As noted above, ERC-404 is the experimental token standard on the Ethereum blockchain aimed at enabling more liquidity and fractionalization by bridging fungible tokens and non-fungible tokens (NFTs). On Monday, data from CoinGecko showed that tokens in this category – Pandora, DeFrogs, Rug and Crystal – had all plummeted more than 20% in 24 hours. PANDORA was down 30%, DEFROGS 33%, RUG 28%...

Chris Dixon says a16z doesn’t sell its crypto tokens — portfolio disagrees

Chris Dixon, a general partner at Andreessen Horowitz ( a16z ), recently appeared on the New York Times podcast Hard Fork where he defended his investment thesis and the investments of his firm.  At one point during the interview, while defending Helium, Dixon made the claim, “No company we’re involved with — nor would we allow them to do this — sells tokens to the public.” However, a review of the a16z investment portfolio raises serious questions about this claim.  A16z’s crypto portfolio is a joke We got @BennettTomlin to examine every crypto project the VC firm invests in so you don’t have to. Read https://t.co/6qUZnVC3h8 pic.twitter.com/e8RG7wBP3B — Protos (@Protos) April 14, 2023 Andreessen Horowitz invested in DFINITY, the firm behind internet computer tokens (ICP). Tokens were distributed to those who ‘donated’ to the DFINITY foundation. It also invested in Fei, an algorithmic stablecoin protocol that failed the day it l...

Exclusive: Hackers selling discounted tokens linked to CoinEx, Stake hacks

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Blockchain analytics firm Match Systems has made contact with an individual who is believed to be selling tokens linked to the recent CoinEx and Stake hacks at discounted prices. Blockchain analytics investigators have uncovered an individual linked to a cryptocurrency laundering operation that is offering stolen tokens at discounted prices from recent high-profile exchange hacks. Speaking exclusively to Cointelegraph, a representative from blockchain security firm Match Systems outlined how investigations into several major breaches featuring similar methods through the summer months of 2023 have pointed to an individual who is allegedly selling stolen cryptocurrency tokens via peer-to-peer transfers. Related: CoinEx hack: Compromised private keys led to $70M theft The investigators managed to identify and make contact with an individual on Telegram offering stolen assets. The team confirmed that the user was in control of an address containing over $6 million worth of cryptocurre...

India plans to use crypto tokens in upcoming native web browser

Feature is envisaged in the project of national web browser, cherished by the Ministry of Electronics & Information Technology. The citizens of India might get an option to sign documents digitally through crypto tokens . Such feature is envisaged in the project of national web browser , cherished by the Ministry of Electronics & Information Technology (MeitY). On August 9 MeitY announced the launch of Indian web browser Development Challenge. The Ministry hopes to “inspire and empower” developers from all corners of the country to create an indigenous web browser withan inbuilt CCA India root certificate. According to the release: “Proposed browser would also focus on accessibility and user friendliness, ensuring built-in support for individuals with diverse abilities.” Emphasized separately is the ability to digitally sign documents using a crypto token , which would be embedded into the browser .  The competition will last three rounds — after the first one the scope of p...

How to check an Ethereum transaction

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To check an Ethereum transaction, use a blockchain explorer and enter the transaction hash to view details such as sender/receiver addresses and gas fees. A transaction on the Ethereum blockchain is technically initiated by an external account owner (not a contract). For example, if User A sends 1 Ether (ETH) to User B, the action of debiting from one account and crediting to another changes the blockchain’s state. The change specifically takes place on the Ethereum Virtual Machine (EVM). Ethereum transactions need to be broadcast to the entire network, and any node can broadcast a request for the execution of a transaction on the EVM. After broadcasting the request, a validator can then execute the transaction and propagate the state change to the whole network. Transaction fees are incurred during the process of validation, and each transaction must be included in a validated block. There are different types of transactions on the Ethereum network: Regular transactions: transactions...

‘Killer use case’: Citi says trillions in assets could be tokenized by 2030

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The bank predicts the private equity market to become the most “tokenized” asset class because it is more liquid and can be fractionalized. Investment bank Citi is betting on the blockchain-based tokenization of real-world assets to become the next “killer use case” in crypto, with the firm forecasting the market to reach between $4 trillion to $5 trillion by 2030. That would mark an 80-fold increase from the current value of real-world assets locked on blockchains, Citi explained in its “Money, Tokens and Games” March report. “We forecast $4 trillion to $5 trillion of tokenized digital securities and $1 trillion of distributed ledger technology (DLT)-based trade finance volumes by 2030,” the firm's analysts said. Of the up to $5 trillion tokenized, the bank estimates $1.9 trillion will come in the form of debt, $1.5 trillion from real estate, $0.7 trillion from private equity and venture capital and between $0.5-1 trillion from securities. Blockchain-based tokenization total ...