Tag: Token

Gensler suggests staking token operators should ‘seek to come into compliance’

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United States Securities and Exchange Commission (SEC) chair Gary Gensler has again suggested that proof-of-stake coins may be securities. He expressed his view on March 15 after a commission meeting on cybersecurity issues. Gensler was asked by reporters about his reaction to statements made by Commodity Futures Trading Commission chair Rostin Behnam at a Senate Agricultural Committee meeting last week that he felt stablecoin and Ether (ETH) were “going to be commodities.” Gensler replied, as reported in The Block: “The investing public is investing anticipating a return, anticipating something on…

FNCT (Financie Token) Exceeds JPY 20 billion (USD 150 million) in IEO Applications – Press release Bitcoin News

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press release PRESS RELEASE. Trading available on Coincheck (exchange) from March 16 〜 FNCT (Financie Token) main page: https://fnct.xyz Financie, Inc. (Headquarters: Shibuya-ku, Tokyo, CEO: Hironao Kunimitsu, hereinafter referred to as “Financie”) announces the results of its crypto asset FNCT (Financie Token) sales on the Coincheck IEO. The sales result shows that the application amount was JPY 20,021,288,100 (USD 150m) and the application rate was 18.78x. FNCT (Financie Token) will be available for trading on Coincheck from March 16, 2023, and we will launch FNCT Staking in Spring 2023. Additionally,…

ORBS Token Rises After DWF Labs Invests $10M

Founded in 2017, Orbs offers public blockchain infrastructure that provides scalability, low transaction fees, fast performance, security and ease of use. The platform is meant for mass-use applications that could run into high fees and slow throughput, and can serve as the back-end for a full blockchain technology stack. The mainnet and ORBS token were launched in early 2019. Source

This DeFi Protocol Just Got Hacked. Its Token Is Still Doing Better than a Major US Bank’s

FRC and EUL’s price actions underscores how investors’ perceptions of market events can be more influential than the actual events themselves. First Republic has not defaulted, gone insolvent or been seized by the government; in fact, it raised $70 billion over the weekend to shore up its liquidity. Meanwhile, Euler has lost hundreds of millions of dollars that it has little hope of getting back. Yet traders punished FRC shares more severely. Source

Filecoin’s FIL Token Gains 18% Ahead of FVM Deployment

FIL reached a high of $6.20 on Monday, gaining 18%, according to CoinDesk data. This also puts the token up 15% on the month. Bitcoin (BTC), meanwhile, has risen just 1% this month, while ether (ETH), the second-largest cryptocurrency, has chalked up 3% gains. The wider crypto industry has also struggled over the last month, with the overall market cap dropping below the $1 trillion mark. Original Source AheadDeploymentFILFilecoinsFVMGainsToken CryptoX Portal