CryptoX – Cryptocurrency Analysis and News Portal MovEx had violated the lockup by initiating three transactions of 625K SUI to three unique wallets, sparking concerns around these excess tokens in the open market. Source The post Sui Foundation Bins MovEx After Violation of SUI Token Lockup Schedule appeared first on CryptoX. CryptoX Portal
The Avalanche Foundation announced the launch of “Avalanche Vista,” a $50 million initiative to spur tokenization on the Avalanche blockchain, on July 25. Today, the Avalanche Foundation introduces Avalanche Vista, a $50M initiative to pioneer tokenization on #Avalanche Tokenization is poised to be one of the most impactful blockchain innovations of the next decade, and Avalanche is uniquely equipped to power these systems. pic.twitter.com/ZWy109CMCi — Avalanche (@avax) July 25, 2023 Avalanche Vista comes amid a groundswell trend towards tokenization throughout the blockchain community. Essentially, tokenization allows anyone to convert an…
The low circulating supply is because the project wants to create “a network of as many human beings as possible – and to achieve this, the majority of the WLD token supply will be given to new and existing users over the years to come,” it said. Worldcoin expects the token allocation to increase during the first week of operation. Source
Wyoming is beginning its work on the state’s stablecoin, or, as it’s called officially, the “stable token” project, by opening a job position for a head of the stable token commission. The potential executive will lead a team, responsible for making a proper legislative framework for the project. The position was opened on the federal government’s website for civil jobs on July 20. The commission is seeking to hire an executive director, who would lead a team, comprised of the Wyoming Governor, State Auditor, State Treasurer and four “expert appointees”.…
Maker (MKR) stats show significant deposits, swaps, and accumulations carried out by major players in the crypto market. In recent days, MakerDAO Founder RuneKek has been involved in noteworthy swaps, according to data from Spot on Chain. He acquired 1,613 MKR by swapping a total of 1.61 million DAI, averaging $998.2 per MKR. Moreover, he removed 300.7 MKR and 305.8K DAI from the Uniswap liquidity pool, indicating a strategic move on his part. Venture Capital firm a16z has reportedly transferred 1.5K MKR daily to Coinbase in the past four days…
The Connext cross-chain bridging protocol has announced a new token standard to reduce losses from bridge hacks. According to a July 24 announcement, the new “xERC-20” standard allows token issuers to maintain a list of official bridges and control how many tokens can be minted by each. In addition to Connext, decentralized finance (DeFi) platform Alchemix Finance will implement xERC-20 tokens, the announcement stated. Connext Alchemix Today, Connext is announcing support of the xERC20 standard and onboarding projects into safely bringing their tokens to every chain. As our flagship user,…
July 23, 2023 – Dubai, United Arab Emirates The world’s first loyalty token tailored for telecom carrier businesses – Zeebu (ZBU) – has been successfully listed on global cryptocurrency exchange LBank. From today, users of the LBank Exchange can officially trade the ZBU/USDT trading pair. The milestone marks a significant step in the journey of Zeebu, whose goal is to empower telecom carriers with loyalty rewards and streamline invoice settlements within its ecosystem. Listing details Trading pair – ZBU/USDT Start deposit – 07:00 UTC on July 21, 2023 Start trading –…
Vitalik Buterin, the co-founder of the Ethereum network, released a long-form essay with his thoughts on the recently launched Worldcoin human identity verification system. On July 24th, Buterin tweeted his response to Worldcoin which launched on the same day. What do I think about biometric proof of personhood?https://t.co/yozo1buW24 — vitalik.eth (@VitalikButerin) July 24, 2023 In his article, along with an explanation of Worldcoin and how it intends to work, Buterin addressed the larger concept in discussion within the release of the Worldcoin token which is proof-of-humanity.” Worldcoin, along with other…
CryptoX – Cryptocurrency Analysis and News Portal The highly anticipated project co-founded by OpenAI’s Sam Altman launched its token on Monday. Source The post Worldcoin's Newly-Launched WLD Token Listed on Major Crypto Exchanges appeared first on CryptoX. CryptoX Portal
Worldcoin (WLD), a project partly created by OpenAI CEO Sam Alman, launched the token that will be used within the project’s ecosystem on July 24. The project has continuously split opinions from within the crypto space up to Silicon Valley, with some praising the project’s ambition to some calling it “creepy” and “dystopian.” Despite these comments, the project continues to pursue its goal of solving income inequality and online identity authentication. It’s time. 24.7.23 pic.twitter.com/9oHW4DIMJX — Worldcoin (@worldcoin) July 23, 2023 The project was first launched back on March 14,…