In November, following the protocol’s loss of funding from Alameda, Ren accelerated its shift from Ren 1.0 to a more efficient, secure version. Source
Tag: Token
Fan Token Project Chiliz Sets Up $50M Incubator Backed by Jump Crypto
“Chiliz has developed a unique solution to one of the most salient problems that sports teams and leagues face, which is how to sustainably and affordably scale their brands and maximise fan engagement globally,” Kanav Kariya, president of Jump Crypto, said. Source
0x Protocol's Token Surges After DEX Partners With RobinHood, Polygon For Tx Relay
Robinhood wallet will be the first to use the Tx Relay API. Source
Stacks’ Token Starts March With a Bang
Deribit, the world’s largest crypto options exchange by volume, will soon launch bitcoin volatility futures, offering digital-asset investors a simpler way than options to hedge against market volatility. Futures tied to Deribit’s forward-looking bitcoin volatility index will be available to Deribit under the ticker BTCDVOL at the end of March, Luuk Strijers, the exchange’s chief commercial officer, told CoinDesk. DVOL, which was released early 2021, measures bitcoin’s 30-day implied volatility calculated using Deribit’s options order book. Implied volatility refers to the options market’s expectation for price turbulence over a specific…
Crypto Fund Manager Numerai's Token Rises Nearly 9% Amid Reports of Impressive Returns
The Numeraire token (NMR) has surged by 8.8% to $21.64 over the past 24-hours after it was revealed that the hedge fund behind the token returned 20% to investors last year. Source
Klaytn Blockchain Will Focus on Increasing KLAY Token Demand in 2023
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Gamium Native Token Price Jumps Following Meta & Telefonica Partnership
Gamium token is riding high following reports that Meta and Telefonica would provide resources for the Web3 startup. The token of metaverse project Gamium (GMM) recently spiked 340% to $0.0025 following a partnership announcement with Meta Platforms (NASDAQ: META) and telecoms firm Telefonica (NYSE: TEF). According to reports, Gamium will collaborate with Meta and Telefonica on the Metaverse Activation Program. This program is an initiative established to assist and scale startups in the Web3 space. Furthermore, startups would also have access to Meta artificial intelligence (AI) proprietary technologies. The social media giant also…
Liquity’s Token Leaps on Binance Listing
Coinbase (COIN) will suspend trading of binance USD (BUSD) starting March 13 because the stablecoin doesn’t meet its listing standards, the U.S.-based cryptocurrency exchange announced in a tweet Monday. “Our determination to suspend trading for BUSD is based on our own internal monitoring and review processes,” a spokesperson told CoinDesk. “When reviewing BUSD, we determined that it no longer met our listing standards and will be suspended.” The suspension affects Coinbase.com, Coinbase Pro, Coinbase Exchange and Coinbase Prime. Users will still be able to access their BUSD funds and withdraw…
Stablecoin Lender Liquity's Token Rises 35% on Binance Listing
CryptoX – Cryptocurrency Analysis and News Portal LQTY, the native token of stablecoin lender Liquidity, has risen by 35% after being listed on Binance’s innovation zone. Original Source The post Stablecoin Lender Liquity's Token Rises 35% on Binance Listing appeared first on CryptoX. CryptoX Portal
2023 Will Be The Year of Crypto Token Price Divergence: Bank of America
The bank views cryptocurrencies that power smart contract-enabled blockchain platforms, on which developers can build applications, as growth assets exposed to the same risks as growth stocks. It notes that these cryptos, and small-cap liquid tokens, have led this year’s rally. Source