The Japanese industry body that makes rules for crypto exchanges is considering easing restrictions on listing new tokens, Bloomberg reported on Wednesday. Under the proposed new rules, crypto exchanges will be able to list more than a dozen tokens at once, Bloomberg said, citing people familiar with the matter. The current screening process takes six months or more. The Japanese Virtual Currency Asset and Exchange Association (JVCEA) is responsible for approving token listings for crypto exchanges. The Financial Services Agency (FSA), Japan’s regulator,…
Tag: Token
Japan's Crypto Exchanges Body Considers Easing Rules for Token Listings: Report
Industry association Japanese Virtual Currency Asset and Exchange Association (JVCEA) has to approve token listings on exchanges. Source
Panther Protocol’s $ZKP Token Launches, Sets to Revolutionize Private Finance – Sponsored Bitcoin News
sponsored In the growing DeFi panorama, both institutional traders and retail investors are starting to notice the inherent privacy issues with the most popular Layer-1 blockchains. The extreme transparency of L1s such as Ethereum, Solana, and Avalanche, to name a few, leaves investors vulnerable to attacks such as front-running and MEV. Meanwhile, the lack of interchain features to seize the many opportunities of a thriving ecosystem keeps billions of dollars in value separated. And, of course, traceability and surveillance are issues permanently looming on the horizon. Introducing Panther Protocol, the…
GensoKishi Online’s MV (Metaverse) Token to Be Listed on QuickSwap (DEX) – Press release Bitcoin News
press release PRESS RELEASE. GensoKishi is pleased to announce that the MV (Metaverse) token has been listed on QuickSwap (a decentralized exchange) at 10:00 UTC on January 29, 2022. GENSOKISHI Online, is a GameFi project that evolves from an award winning Nintendo Switch/PS4 game called “Elemental Knights”, that has been vigorously played for 13 years and has accumulated a total of 8 million downloads worldwide. GensoKishi already has a 3DMMORPG game with active users, with a fully-functioning 3D metaverse, that simultaneously connects users from around the world, be it smartphones,…
Ethereum Whale Splurges $637,000,000 on One Crypto Exchange Token, Making It Top Traded Coin Among ETH Investors
A large Ethereum (ETH) whale has spent over half a billion dollars to load up on the native asset of a crypto derivatives exchange. New data from whale-surveilling platform WhaleStats shows that the 105th-ranked Ethereum whale purchased 15,720,427 FTX Tokens (FTT) worth $637.14 million in a single transaction. 🐳🐳🐳🐳🐳🐳🐳🐳🐳🐳 An ETH whale just bought 15,720,427 #ftx token ($637,148,906 USD). Ranked #105 on WhaleStats: https://t.co/2do7yJzgy7 Transaction: https://t.co/JVi0s5JWod#FTX Token #ERC20 #DEFI #ETH #whalestats — WhaleStats – the top 1000 Ethereum richlist (@WhaleStats) January 29, 2022 FTX Token is the utility token of…
The Sandbox (SAND) metaverse token gains 40% after Snoop Dogg, Warner Music partnership
Sandbox (SAND) refused to go down despite broader negative market sentiment in the past 24 hours. Instead, the altcoin logged a breakaway recovery as traders assessed its recent high-profile partnerships as a sign that the project has strong fundamentals. SAND rose 10.23% to $3.38 at the UTC close on Jan.27, followed by another 5.42% spike to $3.57 on Friday. In contrast, Bitcoin (BTC), dropped 1.41% within the same timeframe. SAND/USD daily price chart. Source: TradingView SAND adoption booms Traders decided to increase their exposure to SAND after the Sandbox announced partnerships with…
Terra Luna Drops 20%, While Symbol Token Climbs on Friday – Market Updates Bitcoin News
Terra (Luna) was one of this week’s biggest crypto losers, falling by as much as 20% during Friday’s session. Declines in terra came as cosmos (ATOM) also had a double-digit decline. Biggest gainers Although crypto markets were mainly trading in the red, symbol (XYM) was one of the rare exceptions to climb higher today. XYM rose to an intraday high of $0.1728 during Friday’s session, rising from an earlier low of $0.155. This move started when the symbol surged from its support at $0.146, an area where it has been…
Axie Infinity devs release governance token for Ronin Blockchain to mixed player response
On Thursday, Sky Mavis, the creator of the monster-battle game, Axie Infinity, released its much-anticipated RON governance token. The token is based on its Ethereum (ETH) sidechain Ronin Network. Its purpose includes paying for transactions on Ronin, staking and participating in community proposals. According to its developers, Ronin has over 250,000 unique daily active addresses. When ranked by the number of weekly active users, Katana, Ronin’s decentralized exchange (DEX), is the No. 2 largest DEX. In addition, the blockchain surpassed $5 billion in deposited value, with 15% of all nonfungible token (NFT)…
Fan Token Site Socios Sues Argentine Soccer Association for Signing Competing Deal With Binance
Fan token site Socios sued the Argentine Football Association (AFA) for unilaterally terminating a sponsorship contract with it and signing a similar one with crypto exchange Binance. Socios filed a complaint before an Argentinian national commercial court led by judge María José Gigy Traynor, who issued a prohibitory injunction ordering AFA to recognize the three contracts signed with Socios, according to the official decision document, which was seen by CoinDesk. AFA recognized the injunction but told CoinDesk it is provisional and will be appealed by the association. According to the…
Axie Infinity Founder Sky Mavis Launches RON Governance Token
“It’s important that Ronin has shared ownership by the community that builds and uses it. In the first month of Ronin, Axie experienced a 300% increase in monthly NFT trading volume and a 131% increase in daily active battlers,” said Jeff Zirlin, Sky Mavis growth lead and co-founder. Source