Over 80% recent Binance token listings are bleeding red

May 17, 2024
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

Most of the newly launched tokens function as “exit liquidity” for insiders capitalizing on the lack of retail access, due to their high initial FDV.

Researchers have escalated their claims about market manipulation in winter 2017, now claiming that a single whale was responsible for Bitcoin’s historic price surge. The development was reported by Bloomberg on Nov. 4.John M. Griffin and Amin Shams — of the universities of Texas and Ohio respectively — have updated their previous research, which made…

Galaxy Digital partners with Alerian to launch eight crypto indexes

Galaxy Digital and Alerian announced the launch of eight passive crypto indexes that are rebalanced monthly and weighted equally. 280 Total views 2 Total shares Galaxy Digital Holdings has teamed up with Alerian and S-Network Global indexes to launch eight crypto-focused blockchain indexes.According to an Aug. 24 announcement, the duo have launched two crypto index…

US SEC’s Hester Peirce: Certain Tokens Need a Safe Harbor

U.S. Securities and Exchange Commission (SEC) commissioner Hester Peirce expressed interest in building a non-exclusive safe harbor for token offerings. The news was reported by Singaporean blockchain business consulting firm Jenga BCG in a press release published on Aug. 5.Per the document, Pierce made her remarks during the Convergence Forum held at the Singapore University…

Joseph Lubin on Ethereum 2.0: ETH to Become 1,000 Times More Scalable Within 24 Months

Ethereum (ETH) co-founder Joseph Lubin said that the Ethereum blockchain will become about 1,000 times more scalable in 18 to 24 months. Lubin made his remarks during an interview with Cointelegraph on May 11.Lubin specified that the development which will bring such a drastic scalability increase to the ecosystem will be Ethereum 2.0, also called…

Curve Finance founder’s $100M debt could trigger a DeFi implosion: Report

Curve Finance founder Michael Egorov has a total of $100 million in debt backed by over 400 million CRV tokens. 374 Total views 6 Total shares While Curve Finance is still weathering the aftermath of a recent $47-million hack, another issue concerning holders of the decentralized finance (DeFi) protocol’s token has surfaced on the internet,…

The blockchain revolution is already here, say Alex and Don Tapscott

Tech evangelists Alex and Don Tapscott believe blockchain will “rewrite the economic power grid and the old social order.” 698 Total views 16 Total shares According to tech evangelists Don and Alex Tapscott, blockchain technology will prove itself the most disruptive technology of the next decade.“We now have an Internet of value that can give…

Catalonian Government to Develop Plan for Blockchain Technology Integration

The Generalitat de Catalunya (Government of Catalonia) has revealed a plan for blockchain tech implementation in its public administrative activity, according to the official press release July 24. The Generalitat de Catalunya, an official governmental institution of the Spanish autonomous community of Catalonia, will promote blockchain technology “with the aim of improving digital services to…

Hong Kong Unveils New Rules for Cryptocurrency Exchanges

Today, Hong Kong’s financial regulator — the Securities and Futures Commission (SFC) — has published a new set of regulations for Bitcoin (BTC) and cryptocurrency exchanges. The initial announcement, reported by Reuters, was made by Chief Executive Ashley Alder at a local fintech event on Nov. 6. Regulatory clarity for crypto exchangesThe new requirements detail how…

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