SushiSwap CEO proposes new tokenomics for liquidity, decentralization
The new tokenomics intends to boost liquidity and decentralization in the platform, enabling SushiSwap to continue operations.
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China to Launch ‘Digital Asset Trading Platform,’ Media Report Unveils
A marketplace for digital assets is soon going to open in China under a public-private partnership, local media revealed. According to the report, the goal is to establish a regulated…
BMW taps Coinweb and BNB chain for blockchain loyalty program
BMW will integrate decentralized tech in two phases- first in its daily operations to eliminate complex paperwork, and the second phase would see the development of a customer loyalty program.
Gold-Based Digital Assets Issued in Russia
A blockchain platform built by Russia’s largest banking institution, Sber, has been used to issue digital assets based on gold. The value of the tokenized precious metal will depend on…
The Stablecoin Economy Shed $28 Billion in 2022 After a Handful of Tokens Lost Their $1 Peg
2022 has been an interesting year for stablecoin assets as the market capitalization of the entire stablecoin economy lost just over $28 billion in value. Moreover, more than $3 billion…
SEC Charges Gig Economy Platform for $2.6 Million Unregistered Coin Offering
The U.S. Securities and Exchange Commission (SEC) has charged Thor Technologies and its co-founders with conducting an unregistered securities offering. In 2018, the company minted and sold tokens to raise…
Nifty News: Building bridges in the Metaverse, elaborate Apes scam and more
A South Korean province is using the Metaverse for closer economic ties with Vietnam and an elaborate phishing scam netted 14 Bored Apes.
Stablecoin BUSD’s Supply Shrunk by 3.24 Billion in 3 Days, Market Cap Is Down 20% Since Last Month
While billions of dollars in crypto assets have been withdrawn from Binance, the world’s largest exchange in terms of volume, the stablecoin BUSD has seen its coins in circulation drop…
Russian Social Media Giant Vkontakte Launches NFT Service
Russia’s largest social network, Vkontakte, has launched a feature allowing users to upload digital collectibles to the platform. Account holders will also be able to buy and sell them in…
Is DeFi back? GMX rallies toward all-time high and LOOKS price gains 30%
GMX and LOOKS price pulled off double-digit rallies in the last week as former BitMEX CEO Arthur Hayes revealed his investment thesis for both projects.
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