Crypto Tokens

In a recent court hearing, a lawyer representing Coinbase Global Inc (NASDAQ:COIN) compared buying cryptocurrencies to collecting Beanie Babies, a popular toy from the 1990s. The lawyer argued that buying crypto tokens doesn’t grant the buyer any rights, unlike traditional securities. The...

Gaming coins are the ones that combine crypto and video games wherein many of the online games use a cryptocurrency as the in-game currency. The past week saw significant gains reported by cryptocurrency tokens linked to Web3 gaming projects. What Happened: Tokens like Axie Infinity (CRYPTO: AXS),...

Cryptocurrency token ORDI, connected to the Bitcoin (CRYPTO: BTC) Ordinals framework, has seen a remarkable 50% leap in value over the last day. This upswing in market activity comes after its addition to the listings of the major digital currency platform Binance (CRYPTO: BNB), spotlighting ORDI...

Crypto-native trade surveillance and risk monitoring firm Solidus Labs on Tuesday identified $2 billion worth of wash trades on Ethereum (CRYPTO: ETH)-based decentralized exchanges (DEXs) since 2020. This alarming revelation underscores the challenges and vulnerabilities present in the rapidly...

In a significant move towards digital advancement, the Indian Ministry of Electronics and Information Technology (MeitY) has launched the Indian Web Browser Development Challenge (IWBDC). The primary focus of this initiative is to develop an indigenous web browser that allows users to digitally...

Coinbase (NASDAQ: COIN) CEO Brian Armstrong has expressed his commitment to continue operations in the U.S., even if it loses its ongoing lawsuit against the Securities and Exchanges Commission. He also expressed his firm's determination to challenge the cease and desist orders...

FTX recently detailed its proposed restructuring plan, which aims to facilitate the exchange's revival as an offshore entity. Documents submitted on July 31 include a draft plan that describes the disgraced company's planned approach to resolving an "exceptionally large and complicated...

In a year marked by significant growth for the crypto industry, a new report has revealed that over one-third of the projects funded in 2021 have not yet delivered a product. The report by crypto venture funding firm Lattice provided a comprehensive analysis of the performance of...

The outcome of the SEC v. Ripple (CRYPTO: XRP) case is seen as a pivotal moment in shaping future U.S. crypto regulation, according to a report by Cantor Fitzgerald. The report, which quoted an interaction with Pacific Street Managing Director Gareth Rhodes, suggested that...

Binance.US is suspending trading services for several crypto tokens effective Thursday in response to a lawsuit filed by the U.S. Securities and Exchange Commission.  The lawsuit, which accuses the company and its management of offering unregistered securities, marks an escalation in...

The Securities and Exchange Commission (SEC) is expected to launch regulatory action against Coinbase Global Inc (NASDAQ: COIN) soon, according to a research report from Berenberg. It's a move that might resemble previous actions against competing cryptocurrency exchanges such as...

There has been a recent surge in the launch of fraudulent meme coins by crypto scammers, blockchain experts have revealed. Cointelegraph reported ZachXBT, an independent blockchain investigator, stated that a single wallet address launched 114 meme coin scams in the last 45 days...

With the crypto market seeing a rise in fraudulent schemes that promise guaranteed earnings and then fail to deliver, investors would do well to watch out for the signs of a scam project before investing their money. To protect themselves from these scams, investors need to...

Bank of America (NYSE: BAC) says the cryptocurrency market had a strong start in 2023. The token universe is up 42% year-to-date to $1.1 trillion. Also, 2023 is expected to be the year of token price divergence, with tokens that provide utility and a call on cash flows outperforming meme and...

Approximately one-quarter, or 24%, of cryptocurrency tokens launched in 2022 showed indications of being involved in pump-and-dump fraud, according to Chainalysis. This type of fraud, which is prevalent in traditional finance, is executed when scammers promote stocks they own to other investors,...