All articles tagged with #tokens
Analysts at Cantor Fitzgerald see Nvidia as a top stock with the potential to reach a $10 trillion market cap, driven by the expanding AI industry, significant investments in AI infrastructure, and the growing demand for AI tokens and data centers, despite concerns about an AI bubble.
A new crypto token backed by the Trump family, WLFI, is launching on September 1st, with a limited sell policy for early investors. The token's debut aims to test its market value, potentially placing it among the top-45 tokens, driven by the Trump name and strategic market management. The Trump family's significant stake and involvement in the project highlight its prominence in the crypto space, amid broader family ventures into digital assets.
Trump Media Group is involved in a $6 billion deal to purchase Crypto.com tokens, highlighting a significant move in the intersection of media and cryptocurrency investments.
Goldman Sachs and BNY Mellon have launched digital tokens representing shares of money market funds, utilizing blockchain technology to modernize financial infrastructure, potentially enabling faster transactions and broader access for investors.
Multichain, a cross-chain router, has confirmed an exploit that affected $130 million in user-supplied tokens, urging users to suspend its services and revoke contract approvals. The exploit impacted bridges on the Fantom, Moonriver, and Dogechain networks, resulting in significant outflows of various tokens. Stolen tokens have not been sent to exchanges or mixing services, and related tokens such as Fantom (FTM), Moonriver (MOVR), and Dogechain (DC) have experienced price drops. Bridges, which facilitate token transfers between networks, have been a vulnerable target, with billions lost to bridge-based exploits in recent years.
The Lord of the Rings Commander decks have revealed some interesting cards, including Galadhrim Ambush, a combat trick that creates Elf tokens, Lobelia, Defender of Bag End, which can exile and cast opponent's cards for free, Glamdring, which offers value for graveyard-focused Commander decks, Mithril Coat, which offers indestructibility and flash, and Stone of Erech, a graveyard hate card with a unique static ability.
BRC-20s are fungible tokens deployed on the Bitcoin blockchain, enabled by new features introduced in Bitcoin's recent Taproot upgrade. While they have interesting potential, experts have issued strong warnings against financial speculation in the new token format. BRC-20s are not broadly compatible with smart contract or decentralized finance (DeFi) systems, and their structure may wind up being radically different from tokens on Ethereum. For now, BRC-20s can't serve as the backbone of decentralized autonomous organizations (DAOs) or other more complex systems that would give them utility and value.
Nigeria's Securities and Exchange Commission (SEC) is preparing new regulations for digital asset platforms, considering allowing licensed digital exchanges to list tokens backed by certain assets like equity, debt, or property, but not cryptocurrencies like Bitcoin or Ether. The SEC aims to register fintech firms as digital sub-brokers, crowdfunding intermediaries, fund managers, and tokenized coins issuers, but will not register crypto exchanges until the central bank provides clear regulations for the crypto market. License applicants would undergo a year of "regulatory incubation," allowing the SEC to study their operations and render their services in the country.
Bitcoin's recent rebound is just the beginning of a potential rally that could take it past $50,000 next year, thanks to the halving process that reduces the supply of new tokens. Analysts predict that this could trigger an 81% advance, despite the current struggles of the digital asset around $30,000.
Modern Warfare 2's new Trophy Hunt event allows players to earn rewards by collecting tokens dropped by defeated enemies. The rewards range from emblems, calling cards, experience boosts, vehicle skins, and even a battle pass tier skip. There are 12 available rewards with varying token trophy costs ranging from 15 to 1000. Players have until May 9 to earn these rewards through gameplay.
The Resident Evil 4 remake features shooting ranges where players can earn charms for their attaché case, which confer special perks like health boosts and ammo-crafting bonuses. The shooting ranges are scattered throughout the game and offer challenges that are part puzzle, part aiming test. Each shooting gallery challenge has its own weapon or set of weapons to use, and rewards players with silver and gold tokens that can be traded in for random charms.
Over 42 million ARB tokens were claimed in the first hour of Arbitrum's token airdrop, with 23,000 individual wallets claiming the tokens. The majority of claimers received an airdrop of fewer than 2,000 ARB tokens. ARB has a total supply of 10 billion and traded at just over $1.30 at the time of writing. The long-awaited Arbitrum token made its market debut on Thursday, trading at $3.99 on Uniswap as volatility spiked on decentralized exchanges.