The Fantom team also shared that once the Sonic chain goes live, expected sometime this year, the network will have its own native token, $S, “which will be 1:1 compatible with Fantom’s existing $FTM token after a recent governance vote codifying the two tokens’ interoperability.” Source
Plume plans to make it possible for people to easily – and compliantly – bring real-world assets (RWAs) like real estate and collectibles onto blockchains. Source link
In both cases, owning the underlying asset enables full portability, 24/7 liquidity, and the ability to do things on Bitcoin or Ethereum crypto rails (namely global payments, Decentralized Finance, and more). However, the ETH ETF now introduces a key aspect that advisors should consider. Unlike bitcoin, ether can become a yield-bearing asset by staking it to help secure the Ethereum network. It is very unlikely that the first ETH ETFs offer any staking rewards to investors for a number of regulatory and operational reasons of the issuers. Today, owning and…
In an interview posted Thursday, Charles Hoskinson called the Bitcoin following a ‘religion’ and unsustainable. Hoskinson, CEO of IOG, a profit-oriented company that builds Cardano (ADA) software, made this bold declaration in a recent interview and criticized Bitcoin’s devout following, likening it to a religion, declaring that the crypto industry has outgrown its dependence on Bitcoin (BTC). “The industry doesn’t need Bitcoin anymore to survive. It’s nice to have a digital asset like Bitcoin that has that reputation and its digital goal,” Hoskinson said, “Remember, at the end of the…
With these services, press releases are generally just “syndicated”, meaning that, although they will indeed be published by dozens of news sites, including crypto-focused ones, they’ll often end up published in a non-editorial “backyard” section of the website that gets a lot less eyeballs. The actual content will just be a duplicated version of the original press release, with no editorial review, no analysis, no opinions or unique interpretation of what’s happening. Just a sponsored labeled press release, with a regulatory requirement to disclose that it’s basically just a paid…
Margex is a cryptocurrency exchange platform founded in 2019 focusing primarily on derivatives trading. However, it also offers other popular features such as copy trading, staking, price alerts, an attractive referral program, and much more. Margex’s interface is designed to be intuitive, making it an excellent choice for those taking their first steps into the world of cryptocurrency derivatives trading. Although its primary focus is beginners, it is also suitable for more advanced traders who value ease of use. Margex can be accessed through its website, mobile browser, or mobile…
This is why Web3 people are always banging on about the importance of digital property rights. Without property rights on the internet, users become shackled to the Web2 platforms that amass them. When everything they’ve created and achieved, and even the community to which they belong, is owned by the platform, it’s not as simple as just picking up, moving on, and starting anew. In fact, the more value the creator creates on Roblox, the harder it gets for them to leave. It is a poignant example of the injustices…
PrimeXBT, a prominent brand in the online trading industry, recently launched a revamp of its brand, website, and all-in-one trading platform. This overhaul is part of the company’s commitment to “democratise financial markets” and “make investing accessible to everyone”. The relaunch is accompanied by a “We listen” campaign, emphasising PrimeXBT’s client-centric approach and the importance of user feedback. Let’s take a closer look at the all-new PrimeXBT. A new look and feel The first thing users will notice is PrimeXBT’s sleek new look. It features a redesigned logo, a refreshed…
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The SEC, after weeks of limited engagement, asked exchanges supporting spot ether ETF applications to refile their 19b-4 forms with universal language earlier this week. Those forms were submitted to the SEC by Tuesday, and the exchanges began publishing them online that night. The SEC also appears to have begun engaging with the would-be issuers themselves, as companies like Fidelity and Grayscale filed updated S-1 forms this week. The SEC has to make a final decision on at least one spot ether ETF application by the end of the day…