TOKEN
A Token represents an asset built on an existing blockchain (different from a coin).
Coindesk May Be Sold as Parent Company DCG Struggles
CoinDesk may sell. Digital Currency Group (DCG), its parent firm, looks to be struggling financially. DCG has received many bids over $200 million for the media group in recent months.
Fasttoken holds the public sale of its cryptocurrency, FTN
Fasttoken (FTN) is excited to announce its initial exchange offering (IEO), set to take place from Jan. 18 to 20, 2023. A limited number of 10 million tokens will be available for public sale, with a price of 0.35 euro per token.
The Bahamas Regulator Denies Requesting FTX To Manufacture New Tokens
The allegations made by FTX debtors have been rejected by the Securities Commission of The Bahamas (SCB), which also expresses worry over the fact that the inquiry has been hampered. The Securities and Exchange Commission (SCB) had to issue a statement on January 3 clarifying that it had to address significant misstatements made by John J. Ray III. According to the attorneys for FTX, the government of the Bahamas is said to have demanded that Sam Bankman-Fried, the former CEO of FTX, launch a new cryptocurrency that would be controlled by local authorities.
Metropoly Pre-Sale Raised 300k After Releasing Beta
The Metropoly presale for the METRO token has started successfully, with seven stages sold out and only three remaining. The METRO token presale started at $0.033 and will launch at a fixed price of $0.1. Metropoly has already managed to raise over $300,000 in its presale. The blockchain-based project aims to transform the real estate industry's operations, bringing it into the digital age.
Wrapped Tokens Issued by FTX or Alameda Slumps, No Longer Redeemable
Following the filed Chapter 11 bankruptcy from FTX, the wrapped tokens issued by the crypto exchange or its sister trading shop Alameda Research have now undergone a price decline.
HSBC to Issue Digital Bonds to Institutional Investors through Tokenization Platform
Multinational banking giant HSBC has revealed plans to issue digital bonds to corporates and financial institutions through its new proprietary tokenization platform called HSBC Orion.
Compound Protocol Halts Supply of Four Tokens Due To Low Liquidity
Decentralized lending protocol Compound has decided to pause the supply of four tokens used as lending assets for collateral on the platform, including ncZRX, cBAT, cMKR, and cYFI.
Unregistered Crypto Asset Manager BPS Sued by Aussie Regulator
Australia's ASIC has sued BPS Financial Pty Ltd for misleading investors about Qoin Token
Altcoin Watch: Top 3 Tokens for Better Entry- QNT, HT & AR
The combined crypto market cap was down 0.31% and pegged at $921 billion. With the seemingly bearish trend, here is a brief rundown of altcoins entering the new week with an impressive weekly performance.
DeFi Startup Arch Secures $5m from Seed Round, to Achieve 'BlackRock of Web3'
Arch Finance, a DeFi startup, has acquired $5 million in funding from a seed round, aiming at becoming the "BlackRock of web3."