Tag: Token

Topps Sells out Crypto-Themed Garbage Pail Kids ‘Non-Flushable Token’ Cards – Blockchain Bitcoin News

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Amid the craziness tied to the FTX collapse, the latest Garbage Pail Kids (GPK) non-fungible token (NFT) collection takes aim at the crypto industry, roasting subjects like the LUNA collapse, Bored Ape Yacht Club, and Cryptopunks. Following the release, GPK’s parent company Topps explains on the firm’s NFT marketplace website that the packs of “Non-Flushable Tokens” have sold out. 2022 GPKs Feature Crypto-Themed Characters Like ‘Diamond Hans,’ ‘Paper Hans,’ ‘Airdrop Angel,’ and ‘Bored Adam Yuck Club’ Crypto market prices are down this month as the FTX fiasco has pushed digital…

KuCoin Token (KCS) Loses 20% As Top Coins Bleeding

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While trading in the red zone at press time, the KuCoin token (KCS) has lost substantially in the last 7 days. The token had joined the entire crypto market in its downward trend after the FTX implosion. However, exchanges like KuCoin may benefit from the recent failure of the FTX collapse.  Johnny Lyu, CEO of KuCoin, assured consumers after FTX’s bankruptcy that the exchange would never misappropriate user assets and be transparent. Lyu’s call for transparency was the main catalyst behind the token’s recent surge. KuCoin has publicly stated that…

Next Level Blockchain Ecosystem IllumiShare SRG Set to Launch Token Presale – Press release Bitcoin News

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press release PRESS RELEASE. In a move that will excite crypto enthusiasts, IllumiShare SRG has announced its token presale launch, which will hold on the 23rd of November after an unveiling party in Dubai on November 22nd. His highness Sheikh Mohamed Bin Ahmed Bin Hamdan Al Nahyan from the Abu Dhabi Royal Family – An Official Partner in the company, some Ministers of the Emirate government among respected business partners will be in attendance. The SRG token pre-sale will be available to gold list members before it is open to…

Crypto.com’s Exposure to FTX Less Than $10 Million Says CEO — CRO Token Not Used as Collateral – Featured Bitcoin News

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According to the CEO of Crypto.com, Kris Marszalek, his firm had recovered much of the $1 billion that had been sent to FTX when the crypto exchange collapsed. However, he acknowledged that at the time of FTX’s collapse, Crypto.com’s exposure to the crypto platform was below $10 million. Marszalek also claimed that Crypto.com has never used its crypto token as collateral. Crypto.com’s Business Model Kris Marszalek, the co-founder and CEO of Crypto.com, recently told his followers that when FTX collapsed, much of the $1 billion that was sent to the…

Exchanges delist FTX Token pairs from trading platforms

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As the FTX collapse continues to cause turmoil in the crypto industry, various crypto exchanges have delisted FTX Token (FTT) on their platforms.  In an announcement, crypto exchange Binance highlighted that they have removed the FTT/BTC, FTT/BNB, FTT/ETH and FTT/USDT trading pairs on their platform citing that the pairs failed to pass their recent reviews. However, the exchange noted that the FTT/BUSD pair is still available on its exchange. At #Binance we conduct regular reviews of listed assets to ensure they meet our standards to protect our users. Based on…

rust Wallet Token (TWT) Scores Over 97% Gains

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Despite current market conditions, the official Trust Wallet token (TWT) has posted impressive gains in the last 7 days. TWT saw an impressive rise of over 97% on its week-on-week chart. Most of the price rally happened in the last three days, with the coin marking a new all-time high yesterday. TWT’s surge also has something to do with the FTX’s crisis and CZ, the CEO of Binance. Recall that FTX, the former second-largest exchange, faced a liquidity crisis last week, which brought the crypto market to its knees. At…

Crypto.com’s CRO token is in trouble but a 50% price rebound is in play

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Crypto.com’s native token Cronos (CRO) is showing restraint on Nov. 14 against mounting sell-pressure building in the wake of the FTX’s dramatic collapse last week. Now, the CRO/USD pair is eyeing a watershed price recovery. On Nov. 14, CRO’s price wobbled between profits and losses, trading around $0.069 a day after crashing to $0.05, its lowest level since April 2020 — that’s a 60% price decline from November’s peak of around $0.178. CRO/USD weekly price chart. Source: TradingView CRO funding rate drops to -3% The period of CRO’s price decline…