Tag: Token

Kyrgyzstan’s Gold-Backed Stablecoin Just Might Put the Spotlight on Best Wallet Token

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What to Know: USDKG changes the usual stablecoin model by backing a dollar peg with real gold from Kyrgyzstan’s reserves.  If gold and commodity stablecoins grow, users will want wallets that handle many stablecoins without turning their portfolio into a spreadsheet headache. Best Wallet Token ($BEST) gives real perks, like lower fees, early presale access, and smooth cross-chain swaps. Stablecoin liquidity drives the market, and wallet-layer tokens can collect lasting value from routing, discovery, and spending features. Think of them as the toll booths of the crypto highways.  Kyrgyzstan surprised…

JPMorgan Begins Rollout of Deposit Token JPM Coin on Coinbase’s Base

Key Notes The nation’s largest bank partners with America’s biggest crypto platform to modernize institutional payment infrastructure. Commercial banking transactions now execute instantly using blockchain rails rather than traditional multi-day clearing systems. JPMorgan pursues euro-denominated token development while Coinbase relocates corporate headquarters to business-friendly Texas jurisdiction. JPMorgan Chase has officially launched its blockchain-based deposit token, JPM Coin (JPMD), on Base, the Ethereum layer-2 network developed by Coinbase. The rollout, announced on Nov. 12, marks a significant collaboration between the largest US bank and the largest US crypto exchange. According to…

SEC Chair Atkins Proposes Token Taxonomy to Limit Perpetual Securities Status

Key Notes Framework introduces digital commodities, collectibles, tools, and tokenized securities as distinct asset categories. Sunset provision allows tokens to exit securities designation when networks achieve sufficient decentralization. Secondary trading exemptions enable post-contract assets to move to CFTC-regulated or state-supervised platforms. SEC Chairman Paul Atkins proposed a token classification framework on Nov. 12 that outlines how digital assets can transition out of securities status once their underlying networks become decentralized. The “Project Crypto” initiative introduces four distinct categories, according to Atkins’ remarks at the Philadelphia Federal Reserve conference: Digital commodities…

Uniswap Founder Submits Governance Proposal To Burn UNI — Token Jumps 50%

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Uniswap is once again making headlines in the DeFi sector after Hayden Adams, founder and CEO of Uniswap Labs, announced a major governance proposal to activate protocol fees and align incentives across the Uniswap ecosystem. The announcement sent shockwaves through the market, with UNI’s price surging more than 50% in the hours following the news — reflecting renewed optimism among investors and traders. Related Reading In a post shared on X, Adams reflected on Uniswap’s evolution: “Uniswap has been my passion and singular focus for the past 8 years. What…

Uniswap (UNI) Surges 44% As Decentralized Exchange Reveals Fee and Token Burn Proposal

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The native token of the decentralized crypto exchange Uniswap (UNI) has surged 44% in the last 24 hours after the Uniswap Foundation unveiled a new governance proposal. The “UNIfication” plan would activate protocol fees and introduce a new token burn mechanism to align incentives and boost protocol growth. The proposal redirects trading fees to burn UNI tokens in a move to create deflationary pressure. The plan would also introduce a “growth” budget to fund protocol and ecosystem development starting next year, distributed quarterly. Most Foundation team members will transition to…

Coinbase Stock Rises 4.87% After New Token Sales Platform Announcement

Key Notes The platform prioritizes small purchasers through bottom-up allocation, preventing whale dominance in token distributions. Monad’s MON token debuts November 17 across 80+ countries, including the US for the first time in six years. Early sellers face reduced allocations in future sales as Coinbase implements community retention incentives. Cryptocurrency and digital asset exchange Coinbase has announced the launch of a new token sales pre-listing platform. The firm’s stock received a boost on the news, rising approximately 4.87% over the previous day’s close of about $309.16 to a morning high…

Coinbase Launches Regulated Token Sales Hub

Coinbase has unveiled an end-to-end token sales platform aimed at reshaping how crypto projects distribute tokens to retail investors, with the first offering featuring Monad from Nov. 17–22. Coinbase Brings Public Token Sales to U.S. Retail The new service allows both issuers and investors to participate in a regulated, transparent framework designed to promote fair […] Source CryptoX Portal

Best Altcoins like SUBBD Token Amp Up as BlackRock Is Still Bullish on Bitcoin

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What to Know: BlackRock’s stance remains constructive: adoption curves, liquidity depth, and regulated rails underscore a long-term bet on Bitcoin, despite sluggish price movements. Institutional flows remain sticky, with IBIT’s rapid AUM ascent reinforcing the ‘allocators aren’t leaving’ narrative during macro turbulence. In sideways majors, capital is watching utility-first plays where tokens power real-world activity (content, payments, or AI), and not just emissions. SUBBD Token is a project that tokenizes content in the first AI agent creator platform that uses blockchain technology. The presale has currently raised over $1.3M. Bitcoin’s…

The 3-Tier Economy: Coins, Gems, and the SACHI Token

This content is provided by a sponsor. PRESS RELEASE. SACHI brings fun to gaming with premium experiences and community-driven engagement rewards with a simple, three-layered economy ahead of the TGE. [Dubai, UAE] SACHI’s immersive Web3 competitive gaming universe aims to solve one of the most conspicuous issues that users face in Web3 gaming — understanding […] Source CryptoX Portal

ZK Token Sees 136% in Weekly Gains with New Buyback Initiatives

Key Notes ZKsync (ZK) gained 136% in one week, boosting market cap by $350 million. The cryptocurrency is trading around $0.07, almost flat in the past day. Analysts suggest strong bullish momentum with minor overbought risks. ZKsync ZK $0.0632 24h volatility: 6.6% Market cap: $457.22 M Vol. 24h: $329.51 M has become the week’s top-performing privacy token, soaring 136% in seven days and adding over $350 million to its market cap. The token now ranks as the fifth-largest privacy-focused crypto, trailing only ZCash ZEC $624.4 24h volatility: 17.6% Market cap:…