#tokens

The Universal Protocol Alliance Launches Government-Backed Tokenized Gold

Crypto News Point

Jul 31, 2020
2 min

The Universal Protocol Alliance Launches Government-Backed Tokenized Gold

The Universal Protocol Alliance has launched a token backed by the Western Australian government-owned Perth Mint. The Universal Protocol Alliance is a crypto consortium that includes Bittrex Global, Ledger, CertiK, and Uphold. The tokens, ‘Universal Gold’ or UPXAU, can be purchased on Uphold and spent using the firm’s debit card. Introducing Universal Gold on Uphold. UPXAU is the only form of gold that is: ✔️ Free to hold (no storage fee) ✔️ Government backed ✔️ No minimum t

A Simple Introduction To DeFi Yield Farming

Crypto News Point

Jul 30, 2020
3 min

A Simple Introduction To DeFi Yield Farming

Just like how actual farmers measure their crop yield based on the total amount of crop that is grown, similar DeFi advocates have used the somewhat similar terminology called yield farming to measure yield based on the amount of interest on top of assets such as Dai, USDC, and USDT on when putting to use in DeFi platforms. 2020 has been a good year for the DeFi sector before yield farming came onto the scene. DeFi Pulse reveals that there are around $1.9 billion in crypto as

SBI Holdings Now Owns 10% Stake In Digital Security Offering Platform Boostry

Crypto News Point

Jul 26, 2020
1 min

SBI Holdings Now Owns 10% Stake In Digital Security Offering Platform Boostry

Japanese financial services company SBI Holdings now owns a 10% stake in the digital security offering platform Boostry. The news is followed by the signing of a memorandum of understanding between Nomura Research Institute and SBI with the following stakes: 54% by Nomura Holdings 34% by Nomura Institute 10% by SBI The three entities will now form a strategic alliance concerning the operation of Boostry. Major Japanese financial services company SBI Holdings now owns a 10% st

Crypto News Point

Jul 25, 2020
2 min

Travel Booking Site Travala’s AVA Token To Be Added To Swipe Visa Card

Travala’s native token AVA will now be added to the Swipe wallet service and Visa card platform. Announced on July 24. Travala’s AVA token will now be spendable at 60 million merchants. #Travala Partners with @SwipeWallet to Enable $AVA Payments at 60 Million Merchants with Visa Card and will add $SXPhttps://t.co/jHRGvN9fZy — Travala.com 🏨 ✈️ 🏡 (@travalacom) July 24, 2020 Swipe’s integration with major players will make AVA supported by: Samsung Pay Google Pay Apple Pay Th

Crypto News Point

Jul 24, 2020
2 min

Lithuania’s Central Bank Releases NEM Blockchain-Based Collector Coin

Lithuania’s central bank has released a NEM blockchain-based collector coin digitally in dedication to Lithuania’s Act of Independence of 1918 and its 20 signatories. The Bank of Lithuania claims it’s the world’s first with the digital coin representing: “a bridge that brings together classical numismatics and rapidly evolving financial technologies.” First issued on July 23 the new LBCOIN is intended to serve both as a national symbol and as a signal of the bank’s strategic

Huobi Japan Opens Voting Line For Users On Listing 6 New Tokens

Crypto News Point

Jul 20, 2020
2 min

Huobi Japan Opens Voting Line For Users On Listing 6 New Tokens

Huobi Japan calls out its users on which new cryptocurrencies they would like to see on the platform. The voting lines on listing the 6 new tokens are open till August 16. On July 16, Huobi updated on its site that the platform is considering to list the following tokens: Enjin (ENJ) IOS Token (IOST) Neo (NEO) Ontology (ONT) Qtum (QTUM) Tezos (XTZ) ◆フォビ、株式会社HashPort Acceleratorと共催で、新規取扱い暗号資産の上場に関する投票アンケートを開催◆ 🎉本日スタート🎉/ 🚀新規コイン上場の投票アンケートを通して、上場させたいコインに投票しよう！$ENJ $IOST $NEO

Everything You Need To Know About Non-Fungible Tokens (NFTs)

Crypto News Point

Jul 19, 2020
6 min

Everything You Need To Know About Non-Fungible Tokens (NFTs)

Non-Fungible Tokens or NFTs and its various applications in the realm of art, gaming, even real-estate makes it to be the next big thing in blockchain technology. Utility tokens, security tokens, cryptocurrencies and their classifications keeps evolving with newer technologies and better modifications. As people are getting themselves familiar with Bitcoin and other cryptocurrencies, there is another classification of digital asset that is slowly starting to get its momentum.

Cryptocurrency Exchange OKEx Lists Polkadot’s Native Token DOT

Crypto News Point

Jul 18, 2020
2 min

Cryptocurrency Exchange OKEx Lists Polkadot’s Native Token DOT

Cryptocurrency exchange OKEx lists the native token of Polkadot (DOT) on its trading platform according to an announcement on July 17. Polkadot’s native DOT is now spot trading against Tether’s USDT stablecoin on the cryptocurrency and derivatives exchange. A busy week full of #NewListing! Welcoming @Polkadot, a platform for #Web3 @web3foundation, to list @OKEx. 🔘 $DOT/$USDT spot trading available now: https://t.co/zD9mGGyCn3 🔘 Listing details: https://t.co/mm0IJPMqPb pic

Aave Raised $3M From Framework Ventures and Three Arrows Capital Through LEND Token

Crypto News Point

Jul 17, 2020
2 min

Aave Raised $3M From Framework Ventures and Three Arrows Capital Through LEND Token

DeFi lending protocol Aave has raised $3 million from Framework Ventures and Three Arrows Capital through Aave’s native LEND token sale in place of their upcoming Aavenomics Upgrade. Both the investment firms had purchased $3 million of LEND at $0.10 per token, a stake now worth around $7 million. AAVE staking comes alongside with yield farming rewarding from protocol usage, similar to COMP and BAL liquidity mining schemas which have driven exponential growth in recent weeks

Blockchain Gaming Company Animoca Brands Reports Record Revenue Amid Pandemic

Crypto News Point

Jul 11, 2020
2 min

Blockchain Gaming Company Animoca Brands Reports Record Revenue Amid Pandemic

Animoca Brands has reported unaudited revenue for the first four months of 2020 of $7.34 million amid the COVID-19 pandemic. Animoca Brands, the firm behind blockchain-powered games like The Sandbox, F1 Delta Time, and Crazy Defense Heroes. The report highlighted that the first quarter of Animoca Brands’ had the strongest on record with $4.33 million in revenue, followed by a record month with $3 million during April. @animocabrands is glowing🔥and growing📈! We are super exc

Helium Expands Its IoT Network Into Europe

Crypto News Point

Jun 25, 2020
1 min

Helium Expands Its IoT Network Into Europe

P2P crypto-powered wireless network Helium announced its expansion to Europe after launching in North America. On June 18 an announcement was made that Helium will start shipping its network’s Hotspots to Europe in July. Today we are excited to announce #ThePeoplesNetwork is going global 🌎! Hotspots are now available for purchase in Europe & Asia. We are also launching @Helium Tabs, a new tracker exclusively for Hotspot owners in the US & Canada. Read more from @fmong: ht

Crypto News Point

Jun 19, 2020
1 min

‘Believers Reward Offering’ Is The First Sustainable Alternative To ICOs And STOs

France-based crypto-asset issuance platform Tozex claims to have created the ‘Believers Reward Offering’ or BRO, “the first sustainable alternative” to initial coin offerings (ICOs) and security token offerings (STOs). Tozex claims that the BRO allows businesses to access financing by borrowing stablecoins from investors worldwide. 👋Hi, believers! Join our special online event to discover why BRO is so powerful, and why it is a sustainable alternative to ICOs & STOs! ⠀ 📢Bon

Crypto News Point

Jun 12, 2020
1 min

Collectible Cards ‘Blockchain Heroes’ Inspired By Top Crypto Personalities

A new digital trading card series on the WAX blockchain, Blockchain Heroes will feature 50 unique superheroes inspired by top influencers, inventors and content creators inspired by top crypto personalities. The series is developed by co-hosts of The Bad Crypto Podcast, Joel Comm and Travis Wright. It is a comedic parody of the top crypto-world personalities presented as superheroes. The card designs, hero names and personalities featured will be revealed closer to the launch

ConsenSys Starts Compliance Service For Ethereum Blockchain Tokens

Crypto News Point

Jun 9, 2020
1 min

ConsenSys Starts Compliance Service For Ethereum Blockchain Tokens

Decentralized application development company, ConsenSys is releasing a compliance service to keep an eye out on transactions conducted by DeFi companies and exchanges trading tokens issued on Ethereum. On June 8 Bloomberg published an article stating that it would release a service for decentralized finance (DeFi) projects and crypto exchanges to analyze trades for tokens issued on the Ethereum network. Today we launch #CodefiCompliance, an automated and agile regulatory and

InterWork Alliance Launches To Standardize Token-Based Ecosystem

Crypto News Point

Jun 3, 2020
2 min

InterWork Alliance Launches To Standardize Token-Based Ecosystem

Microsoft’s principal architect, Marley Gray, and Enterprise Ethereum Alliance’s former executive director, Ron Resnick, on June 2nd announced the launch of the InterWork Alliance (IWA). The InterWork Alliance is a nonprofit organization aimed at bringing global standards to the token-based ecosystem. IWA indicates that startups presently working on tokenized ecosystems are mostly focusing on their individual solutions and marketing their platforms to other businesses. Today,

AVA Labs To Distribute 2M Tokens In Its Final Incentivized Testnet

Crypto News Point

May 31, 2020
1 min

AVA Labs To Distribute 2M Tokens In Its Final Incentivized Testnet

AVA Labs is planning to distribute 2 million tokens in its final testnet before the project’s full launch in summer. “Denali Testnet” will serve as the final stage of the AVA network testing before AVA’s mainnet launch. On May 29 AVA Labs announced that the new testnet will allow each validator to earn up to 2,000 AVA network’s native tokens. AVALIDATORS ASSEMBLE! The Denali Incentivized Testnet is here 🙂 Check out the challenges + rewards. You will need to be a bit more ha

Aave Introduces New Market Based On Uniswap Liquidity Tokens

Crypto News Point

May 30, 2020
2 min

Aave Introduces New Market Based On Uniswap Liquidity Tokens

The Aave lending protocol introduces a new market based on Uniswap liquidity tokens. It lets depositors borrow assets against these synthetic tokens. On May 28 an announcement was made by Uniswap market on its launch stating that it lets holders of specific liquidity tokens use them as collateral to borrow crypto assets from the protocol. What do you get when you cross a unicorn with a ghost? 🦄👻 The new Aave money market: The Uniswap Market! 💫🌟👏 Check out our latest bl

Yiedl To Launch P2P Marketplace For NFT Mortgages and Rentals

Crypto News Point

May 23, 2020
2 min

Yiedl To Launch P2P Marketplace For NFT Mortgages and Rentals

Tokyo-based crypto startup Yiedl announced that it will launch a non-custodial P2P mortgage and rental market for non-fungible tokens, or NFTs. Yiedl founder and chief executive Kohshi Shiba asserted that the platform will support a myriad of tokens as most real-world assets are tokenized: “For assets that have persistent external utility, I believe NFT is an appropriate token form.” Shiba stated, listing subscription rights, DAO, memberships, and intellectual property rights

Free TON Launches First Community Contest To Power Its Network

Crypto News Point

May 19, 2020
2 min

Free TON Launches First Community Contest To Power Its Network

A decentralized blockchain network derived from Telegram’s TON blockchain, Free TON is launching the first community contests to power its network. Starting from May 18, users, developers and validators are invited to participate in three separate contests, with Free TON planning to distribute thousands of TON Crystals, or Tons, as rewards. On May 18, the Free TON Community officially introduced proposals for the first community contests on the Free TON forum. Each contest ai

Reddit Introduces New Community Points System Built On Ethereum Blockchain

Crypto News Point

May 15, 2020
2 min

Reddit Introduces New Community Points System Built On Ethereum Blockchain

Reddit has introduced its new community points system built on top of the Ethereum blockchain. On May 13th, Reddit announced that Redditors will now be able to earn rewards in the form of ERC-20 tokens based on Ethereum blockchain for creating engaging content on the platform. Wow. @reddit mobile app now has an integrated Ethereum wallet and they've launched community currencies! r/FortniteBR & r/Cryptocurrency will distribute tokens to contributors, the value of which deriv