American CryptoFed DAO, a Wyoming-based decentralized autonomous organization, has filed two forms with the United States Securities and Exchange Commission, or SEC, to launch two variants of inter-dependent stablecoins named Locke and Ducat. According to…
Professional wrestler and actor John Cena said fans only purchased 7.4% of his World Wrestling Entertainment, or WWE, nonfungible tokens (NFTs) that he made available last month. Speaking at Florida Supercon 2021 on Sept. 12,…
Zabu Finance, a DeFi application on the Avalanche blockchain, has reportedly been exploited for crypto tokens worth $3.2 million. The removal of a large number of tokens eventually reduced the value of Zabu tokens to…
Tokenized stocks have had a shaky few months from a regulatory perspective, but that seemingly hasnt stopped legacy financial giants and decentralized finance (DeFi) advocates from inking new deals. Bloomberg reported today that Nasdaq, Finnhub and…
Hong Kong-based cryptocurrency exchange Bitfinex is moving into the security token offering (STO) industry by launching a new STO platform regulated in Kazakhstan. Bitfinex Securities, Bitfinex’s blockchain-based investment product provider, has launched its investment exchange…
The United States National Football League (NFL) has reportedly barred all teams and members from crypto-related sponsorships and advertisements, as well as nonfungible token (NFT) sales. According to a report by The Athletic, the NFL…
Sber, the largest banking institution in Russia, continues progressing with the development of its blockchain-based platform for issuing digital assets. Anatoly Popov, deputy chairman of the executive board at Sber, said that the bank is…
Dfinity’s Internet Computer has announced the release of 10,000 nonfungible tokens (NFT). Users are eligible to claim their free token Wednesday at 8 pm UTC. Conceptualized by brothers Przemek and Tomasz Chojecki, alongside Adam Stępnik,…
Decentralized talent network Braintrust has officially launched its BTRST token on the Ethereum mainnet, setting in motion a new governance framework as it aims to drive mass enterprise adoption of its services. The project launched…
The adoption of nonfungible tokens has served as a practical entry point for users joining the crypto economy, driven primarily by their respective fandoms and the benefit-centric nature of the tokens. For instance, if you’re…