TOKEN
A Token represents an asset built on an existing blockchain (different from a coin).
Binance Coin to Burn Automatically Rather Than Quarterly
Binance Coin (BNB), the digital currency of the Binance ecosystem will no longer be subjected to a quarterly burn as the exchange has introduced an automatic burning schedule to replace the former.
UK's Advertising Authority Orders Arsenal to Remove "Misleading" Fan Token Ad
The United Kingdom’s Advertising Standards Authority ordered Arsenal FC to remove fan token ads from their official Facebook account and website, accusing the football club of “misleading” investors.
Swiss-Based SEBA Bank Launches Tokenized Gold Services for Clients
Switzerland-based digital banking service provider, SEBA Bank AG has launched tokenized gold services for its customers.
UNICEF to Commemorate its 75th Anniversary of Changing Children’s Lives by Selling 1,000 NFTs
To celebrate efforts of saving children's lives and defending their rights for seventy-five years, UNICEF intends to sell 1,000 data-driven NFTs.
1inch Network Raises $175M in Private Token Sale, Building DeFi Products for Institutional Investors
1inch Network, a renowned decentralized exchange aggregator, announced it had completed its Series B funding round, where it raised the sum of $175 million.
NYC to Mine its Own Token, Following Backing From Mayor-Elect Adams
New York City Mayor-elect Eric Adams is reportedly to kick off his ambition by launching his proposed token mining on Wednesday.
Reddit Intends to Tokenize Karma Points and Onboard Half a Million Users to Web3
Reddit reportedly plans to decentralize social media, with its latest plans being to tokenize Karma Points using the Ethereum blockchain.
Publicly Traded Voyager Digital to Add Support for Avalanche Token
The Avalanche public blockchain network has continued to expand its ecosystem reach as a publicly-traded digital currency brokerage firm, Voyager Digital has announced it will be adding support for the AVAX coin.
Ethereum Supply Diminishes to a Record Low Amid ETH Breaking the Record at $4,400
Ethereum’s record-breaking surge is being attributed to diminished supply and high token circulation.
Ethereum Miner Balances Hit a 50-Month High as ETH Leads in NFT Sales
Ethereum (ETH) miners have seen their holdings go through the roof to the tune of $1.85 billion.