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Nvidia's Influence On AI Tokens: Market Reactions Highlight Role Of Render, Ethereum
Tuesday, May 28, 2024 - 11:11am | 470Recent events in the cryptocurrency world highlight Nvidia Corp‘s (NASDAQ:NVDA) influence on AI-related tokens. Nvidia, a leader in AI technology, reported higher-than-expected earnings for Q1, causing a stir in the digital assets market. Tokens like Render (CRYPTO: RNDR), closely tied to...
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Floki, A Crypto Named After Elon Musk's Dog, Becomes Title Sponsor For An International Sports Tournament: What You Need To Know
Thursday, May 9, 2024 - 3:20am | 642Floki (CRYPTO: FLOKI) was trading in the green at the time of writing, going against the broader meme market trend which saw powerhouses like Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) shed value in the last 24 hours. A new sports partnership might be fueling the surge. What Happened:...
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French Financial Giant Leverages Ethereum For Issuing First Green Bond Worth $11M
Tuesday, December 5, 2023 - 12:15pm | 339Societe Generale (OTCMKTS: SCGLY) announced the issuance of its first-ever digital green bond on the Ethereum public blockchain in the form of a Security Token. What Happened: SG-Forge, Société’s subsidiary, registered the bond worth around $11 million, and it went live on Nov....
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FLOKI Staking Program Attracts Over $54.4M Of Tokens In Just One Week
Monday, November 6, 2023 - 6:22am | 763Over $54.4 million worth of FLOKI (CRYPTO: FLOKI) tokens have been locked in the staking program within the first week of its going live. What Happened: To put this into perspective, the locked value represents approximately 17% of the total FLOKI token supply or nearly 18% of the circulating...
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FTT Token Gains 12% In Last 2 Weeks During Sam Bankman-Fried, FTX Trial: Here's Why
Friday, November 3, 2023 - 2:11pm | 633While former FTX chief Sam Bankman-Fried was on trial, the native token he created saw a two-week gain of 12%. The cryptocurrency currently stands at $1.18 at the time of writing, with a 24-hour trading volume of $32 million. What Happened: According to Fortune, speculators are hopeful that the FTT...
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JPMorgan Coin Payment System Does $1B In Daily Transactions, A Huge Jump From Four Months Ago
Thursday, October 26, 2023 - 5:23pm | 484JPMorgan Chase & Co (NYSE: JPM) digital token JPMorgan Coin handles $1 billion worth of transactions daily and intends to continue widening its usage, Bloomberg reported, citing JPMorgan Chase & Co. Global Head of Payments Takis Georgakopoulos. He added the token trades mostly in U.S....
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BNB Token Price Rises As Binance Eliminates 2.1M Tokens In Its Quarterly Burn
Monday, October 16, 2023 - 12:19pm | 554The world’s largest cryptocurrency exchange, Binance (CRYPTO: BNB) commenced this week with its 25th quarterly BNB burn of 2.14 million BNB, which is equivalent to $501.7 million. The burn includes 314.69 BNB, burned through the Pioneer Burn Program. This is compared to 1.99 million BNB...
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UBS Chooses Ethereum For Live Pilot Of Tokenized Money Market Fund
Monday, October 2, 2023 - 10:35am | 521UBS (NYSE: UBS) cut jobs last month at its Credit Suisse subsidiary. After trimming forces in the asset management division, UBS Asset Management is now looking forward to its first live pilot program of tokenized money market fund on Ethereum. Find out more about tokenization and its...
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Citi Turns To Digital Asset Space To Improve Cash Management, Trade Finance
Monday, September 18, 2023 - 3:14pm | 752CITI is set to make an appearance at the upcoming Future Of Digital Assets event powered by Benzinga on Nov 14 in NYC. Secure a spot here with code BZ10 for a 10% discount. In less than a week after Deutsche Bank (NYSE: DB) and HSBC (NYSE: HSBC) partnered with other companies for digital asset...
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Polygon 2.0 To See MATIC Replacement With POL, Proposals Outlined
Friday, September 15, 2023 - 11:57am | 531Polygon (CRYPTO: MATIC) proposed three changes for implementing the transition to Polygon 2.0. The changes involve the creation of a new POL token that will replace the current MATIC as the gas and staking tone of the ecosystem. Polygon is a blockchain platform for creating a multi-chain...
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Kyber Network's Elastic Platform Vulnerability: Why Your Funds Could Be At Risk
Monday, April 17, 2023 - 3:59pm | 412Kyber Network, a popular decentralized finance (DeFi) protocol, warned users of a possible security vulnerability in its Elastic platform, urging them to withdraw their funds as a precautionary measure. The team assured users that investigations are ongoing and no user funds have been lost. The...
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Rumors Of MetaMask AirDrop Spread Like Wildfire: Scam Leads To Jump In Transactions
Wednesday, March 29, 2023 - 3:54pm | 349MetaMask, a popular Web3 wallet provider, has issued a warning to its users about rumors circulating on social media regarding an imminent AirDrop. Reports of the AirDrop have been circulating on Twitter, with some users falling for the scam. What Happened: Cryptocurrency influencers have...
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Bitcoin's On-Chain NFTs Spark Controversy, Censorship Calls Among Developers
Monday, January 30, 2023 - 1:55pm | 782Bitcoin (CRYPTO: BTC) introduced NFTs that are stored entirely on its blockchain. These NFTs can hold up to 4MB of data, enabling the storage of short videos and even the Satoshi whitepaper on the blockchain. This has the potential to make Bitcoin a competitor to Ethereum (CRYPTO: ETH), which...
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Celsius Asks To Launch New Token To Repay Creditors
Tuesday, January 24, 2023 - 8:33pm | 474A shadow of its high point of more than $8 in June 2021, Celsius Network (CRYPTO: CEL) has not been an attractive buy for most crypto investors. As of Tuesday evening, the crypto was down 6.99% at $0.5922. But there might be a new Celsius token sale, staked not in the network’s...
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1B Shiba Inu Burned In The Last 48 Hours, Whale Acquires 110 Billion SHIB
Sunday, May 15, 2022 - 10:35am | 496In a Twitter post, @shibburn mentioned that the Shiba Inu (CRYPTO: SHIB) community had transferred 948.6 million SHIB to dead wallets. In the past 24 hours, there have been a total of 607,530,847 $SHIB tokens burned and 12 transactions. Visit https://t.co/t0eRMnyZel to view the overall total of #...