Tag: Token

Ethereum layer-2 solutions may focus less on token incentives in the future

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Layer-2 networks continue to gain momentum as the Ethereum ecosystem advances. For example, data from analytics provider Token Terminal found that layer-2 scaling solution Polygon had 313,457 daily active users as of Jan. 17, 2023 — a 30% increase in activity since October 2022.  Moreover, the Polygon ecosystem recently announced the launch of its beta version Zero-Knowledge Ethereum Virtual Machine. As a result, Polygon’s native token, Polygon (MATIC), maintains a bullish narrative. While notable, some believe layer-2 networks offering token incentive models may soon become obsolete. For instance, Jesse Pollak…

Huobi Token (HT) Experiences a Flash Crash But Swiftly Recovers

Interesting price action was experienced in Huobi Token over the past 24 hours in which the digital currency, native to the Huobi Global exchange experienced a flash crash with its price dropping by as much as 93%. In what is considered a very rare event, the digital currency rebounded at almost the same rate within a short time. The Huobi Token (HT) traded as low as $0.31 at 21:00 UTC on Huobi, a figure that was also recorded as its lowest score in more than a year. The coin is…

Gaming Protocol Aavegotchi Members Are Voting to End Multiyear Token Sale, Which Could Limit GHST Supply

CryptoX – Cryptocurrency Analysis and News Portal The motivation for ending the smart contract is two-pronged, according to Jesse Johnson, founder of Pixelcraft Studios, who said in an interview with CryptoX, “We could derisk from DAI – not be reliant on a different ecosystem at all and … fund our own destiny.” Source The post Gaming Protocol Aavegotchi Members Are Voting to End Multiyear Token Sale, Which Could Limit GHST Supply appeared first on CryptoX. CryptoX Portal

AI-Focused ZK Layer 2 Blockchain CryptoGPT to Issue GPT Token Friday

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BITCOIN scénario BEAR ( que faire ? )

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io —-Toutes les règles d’analyse des vagues en PDF contre une donation 25 euros* : —-Abonnement pour le PDF + les directs + Discord + analyses 50 euros* : _____________________________ Le BTC serait peut être sorti de sa baisse , nous abordons une analyse graphique bearish et bullish ensemble ! Nous voyons en détail chaque support, résistance, et figure envisageable durant ce fameux dump ou pump BITCOIN ! _______________________________ Mes analyses ne sont que mon point de vue du marché, il ne faut…

Thailand to offer tax breaks for investment token issuers

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The government of Thailand is moving to benefit from the digital asset industry growth by allowing tax-free issuance of digital tokens for investment. Thailand’s cabinet has agreed to waive corporate income tax and value-added tax (VAT) for companies that issue investment tokens, Reuters reported. Announcing the news on March 7, deputy government spokesman Rachada Dhnadirek said that companies will be able to access alternative ways of raising capital through investment tokens in addition to conventional methods like debentures. Rachada added that the government expects investment token offerings to generate 128…