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Showing posts with the label token

Ethereum-based tokenized money market fund is introduced by Swiss bank UBS.

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When it comes to crafting content, three essential elements come into play: “complexity,” “diversity,” and “surprise.” Complexity gauges the intricacy of the text, while diversity assesses the variety of sentence structures. Surprise, on the other hand, measures the unpredictability of the content. Typically, human authors infuse their writing with diversity, using a mix of lengthy and intricate sentences alongside shorter ones. In contrast, AI-generated sentences tend to maintain a more consistent structure. Consequently, for the content I’m about to request you to create, it’s imperative to infuse it with ample complexity and diversity while keeping predictability to a minimum. Furthermore, the content must be composed exclusively in English. Now, let’s rework the provided text: Leading Swiss bank UBS has unveiled a live pilot program for a tokenized iteration of its variable capital company (VCC) fund, as part of Project Guardian...

Optimism airdrops 19.4m of free OP tokens

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The Ethereum scaling protocol allocated $26.7 million in free coins to wallets that delegated their OP tokens to community votes and on-chain governance. Layer-2 network Optimism airdropped 19.4 million of its native token OP to 31,879 unique addresses with on-chain participation between January and July 2023. Today Optimism is announcing OP Airdrop #3. 19M OP allocated to over 31k unique addresses to reward positive-sum governance participation in the Collective. Read on for details on eligibility criteria and allocations. — Optimism (_) (@optimismFND) September 18, 2023 These wallets either delegated OP above the minimum threshold or delegated voting power to an address that voted on-chain at least once, according to Optimism’s eligibility criteria. The free tokens serve as a reward for “positive sum governance participation”, Optimism wrote. Also, the airdrop is claimless and requires no action from users.  Optimism urged vigilance from network participants to av...

Rapper Lil Tay’s fake death gives rise to mystery crypto tokens

Amidst false reports of rapper Lil Tay’s death, the crypto realm sees the baffling rise of two “LilTay” tokens, sparking intrigue and speculation. The sudden appearance of two crypto tokens named “LilTay” has intrigued and confused the crypto community.  With one on the BNB Chain and another on the Ethereum (ETH) platform, the situation is rife with speculation and cautionary tales.  The stage was set with a false death report of 14-year-old rapper Lil Tay, whose real name is Tay Tien. A now-deleted Instagram post claimed her death. However, it was later clarified that a third-party compromised her account. I don’t know how true this is but this was posted from a different account the brother made claiming that the parents don’t want them in the public eye anymore and took away social media accounts pic.twitter.com/GAvYhn7Ab6 — £ (@toxiccox01) August 10, 2023 Lil Tay tokens create a mess The BNB Chain version of the Lil Tay token, with a lim...

Bitgert Finally Unveils Meme Character “BEFE” for its token BRISE

Bitgert launches BEFE, a witty meme character for its native token BRISE. The platform says no separate BEFE coin will be launched, warning of scams. Bitgert plans to enter P2P crypto exchange market. Bitgert, a rapidly expanding crypto project, has unveiled its latest creation: BEFE, the hilarious meme character representing its native token , BRISE. The firm announced this development in a recent tweet, noting that it is the “ultimate blend of humor and innovation.” Introducing #BEFE – Our meme character for #BRISE, the ultimate blend of humor and innovation! With his witty one-liners and infectious personality, #BEFE is here to bring joy and laughter to the world of blockchain and sustainable energy. Join us as we revolutionize the… pic.twitter.com/HKrnHggwur — Bitgert – $BRISE (@bitgertbrise) July 20, 2023 According to Bitgert, BEFE seeks to bring joy and laughter to the crypto community with a witty personality and infectious charm...

Celsius sells $23.5 million of tokens days after former CEO was arrest

Celsius Network, which filed for bankruptcy in 2022, is selling its crypto holdings as the broader market recovers, partly due to Ripple’s win against the US Securities and Exchange Commission (SEC). Data provided by Lookonchain shows that Celsius has already sold roughly $23.5 million worth of cryptocurrencies — including $8.5 million of chainlink (LINK), $7.84 million of synthetix (SNX), $3 million of BNB, $2.26 million from 1inch (1INCH), and $1.9 million worth of ox protocol (ZRX).  Notice that #Celsius started selling altcoins. 1.27M $LINK ($8.5M), 2.83M $SNX ($7.84M), 12,597 $BNB ($3M), 4.45M 1INCH ($2.26M), 8.53M $ZRX ($1.9M), and 439K $FTX ($713K) were transferred to #FalconX. And 186,149 $BONE ($235K) was deposited into #OKEx.https://t.co/Auf2S9Z2Z5 pic.twitter.com/Dbznr0w3Le — Lookonchain (@lookonchain) July 17, 2023 Moreover, screenshots shared by the data provider also suggest that Celsius has deposited almost 439,000 FTT, worth $713,000, to FalconX. I...

Securities token platform launches MPC wallet for institutions

The Web3 wallet allows institutions to control which employees are allowed to use the tokens held within it. Securities token platform INX has launched a wallet with compliance features for institutions, according to a May 3 announcement. The new wallet was created in partnership with wallet infrastructure provider BitGo and uses multi-party computation (MPC) technology. Exciting announcement! INX now collaborates with @BitGo to enable institutional #investors to fully and confidently participate in the #security #tokens market and the greater digital economy: ️https://t.co/AbpdS86lYk — INX (@INX_Group) May 3, 2023 INX securities tokens exist on the Ethereum network and follow the ERC-1404 token standard. The standard was created in 2018 to allow for compliance-friendly Ethereum tokens. These tokens can only be transferred between users that have passed identity verification with a participating institution. The new wallet allows institutions to comply with cybersecurity and cu...

Heavyweight champ Oleksandr Usyk seeks to tokenize boxers’ careers

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Olympic champion boxer Oleksandr Usyk partners with a new blockchain-powered tokenized ecosystem platform aimed at supporting aspiring boxers. IBF, WBO and WBA heavyweight boxing champion Oleksandr Usyk has put his weight behind a blockchain platform that aims to tokenize and support the boxing industry. The Olympic gold medalist has teamed up with Ukrainian-based cryptocurrency exchange Qmall to develop the Ready to Fight platform. The browser-based platform makes use of blockchain technology to help boxers tokenize their brands to receive donations and investments as well as a means to deliver exclusive content. Ready to Fight introduces a novel means of supporting and connecting the wider boxing industry. The platform features a tokenomics ecosystem making use of its proprietary RTF tokens. Qmall is using a fork of the Ethereum blockchain to develop the in-house platform. #CRYPTO meets #BOXING! The teams of @usykaa, Lapin, & @QmallExchange unite to revolutionize the boxing in...

NFT marketplace tokens soar in 2023, and Blur’s recent airdrop may extend the trend

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NFT marketplace tokens are gaining the market’s attention and Blur’s recent airdrop could extend the trend. Cumulative NFT trading volume trended higher in January and data from a recent Delphi Digital report showed monthly volumes reaching an eight-month high above $1 billion. The key factor that influenced NFT trading was Blur token airdrop on Feb. 14. Since its launch last year in Q3 2022, Blur has rewarded users with “care packages,” which can be redeemed for tokens starting Feb. 14 at 12 p.m. EST. Many users have tried to farm these airdrops, increasing the platform's trading volume. Since the start of 2023, Blur’s trading volume has surpassed that of OpenSea, the market leader in the NFT trading space. NFT Marketplace market share by 7-day volume. Source: Dune Airdrops often create excitement in the market of thrilled users who receive free money and FOMO from those who missed out. It’s likely that the next step for the Blur team will be to launch new liquidity mining campai...