Why is Notcoin up 300% over the past week?
Notcoin became the fifth-most traded cryptocurrency on Monday, beating the trading volume of Circle’s USDC stablecoin, as social interest continues to drive its price action.
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Airdrops can work, but be aware of the risks
Airdrops have emerged as a powerful tool for token distribution, user acquisition and community building as the blockchain industry has grown. They provide a unique opportunity for projects to distinguish themselves, incentivize desired behaviors and foster long-term relationships with their user base. But the question remains: Do airdrops work?Based on my prior research in the…
‘Token will defeat cryptocurrency’: Russia debuts palladium-backed stablecoin
Backed by a sanctioned Russian oligarch, Atomyze became Russia’s first legal digital asset manager, obtaining registration from the central bank in February 2022. 414 Total views 50 Total shares The Russian government-backed tokenization platform Atomyze has issued its first digital asset backed by palladium in collaboration with the local bank Rosbank.Rosbank officially announced on Monday…
Experts yet to explain massive spike in ETH active addresses
The sudden dramatic spike in active addresses on the network has left many guessing about the cause. 308 Total views 48 Total shares On-chain metrics firm Santiment says it is still investigating the cause of a sudden surge of ETH active addresses, which have eclipsed the previous ATH by a whopping 48%On July 27, the…
Crypto News From Asia: Sept. 9–15
In this week’s selected cryptocurrency- and blockchain-related news from Cointelegraph Japan, government and industry officials secured important appointments, while new data shows the popularity of cryptocurrencies and their favored uses in Japan and China. Expert: Bitcoin is most commonly used for remittances in ChinaOn Sept. 11, Cointelegraph Japan reported that Sunny Wang, Japan's representative of Chinese…
Tron asks NY judge to turf ICO suit from Binance bag holders
The Tron Foundation has filed a motion to dismiss a lawsuit from plaintiffs alleging securities violations with its $70 million 2017 ICO. The Tron Foundation has requested a New York federal judge dismiss a class action lawsuit alleging securities violations through Tron’s 2017 initial coin offering, describing the claims as “fatally flawed.”The Chinese blockchain developer…
Top-5 Cryptos This Week: XMR, XRP, BSV, LEO, BNB
While the fundamentals in the crypto space have been improving over the past few months, repeated opposition to popular projects like Libra has kept the sentiment subdued. Speaking at the International Monetary Fund and World Bank fall meeting, German Federal Minister of Finance Olaf Scholz vehemently opposed the idea of allowing Facebook to create Libra…
Arca Files With SEC to Issue Stablecoin-Like Digitized Shares on ETH Blockchain
Arca, an American institutional-grade investment manager, is seeking regulatory approval to issue digitized securities on blockchain, according to a filing document released on April 12.The company has filed with the United States Securities and Exchange Commission (SEC) to issue its Arca UST Coins — digitized shares that will be authenticated and then recorded in a…
Crypto Insurance a Promising Sector Despite Caution of Major Players
The growth in popularity of cryptocurrencies has, in many ways, outpaced the infrastructure built to support it. In terms of security, cryptocurrency exchanges that serve both as a marketplace and a store of the digital assets have become a hacker’s favorite target. Now that the cryptocurrency market has grown to its current capitalization of more…