Approval of spot bitcoin exchange-traded funds may necessitate the release of a third iteration of the Token Safe Harbor Proposal, Hester Pierce, a commissioner with the U.S. Securities and Exchange Commission, has said. The commissioner argued that it’s illogical to subject a nascent token project to the same disclosure rules applicable to a company with […]
Jupiter’s JUP Token Makes a Grand Entry With $700M Airdrop on Solana Blockchain
Jupiter successfully launched its JUP token. The airdrop, one of the largest in crypto history, distributed an astounding $ 700 million worth of JUP tokens to almost a million wallet holders. Jupiter’s JUP Token Airdrop Distributes to Nearly a Million Users The cryptocurrency world witnessed one of the largest token airdrops in its history …
Spectacular Swings — The Week’s Victorious Crypto Climbers and Fallen Token Challengers
Bitcoin has seen a 2.9% rise against the U.S. dollar in the past week, while ethereum has experienced a 5.8% decline during the same period. Several cryptocurrencies have made notable gains over the past seven days. Leading the pack is manta network (MANTA), which surged by an impressive 47.2% against the greenback. On the flip […]
Solana Unleashes Token Extensions to Enhance SPL Token Standard
On Wednesday, Solana Labs unveiled the launch of token extensions, marking a noteworthy advancement in the SPL Token standard. The blockchain network’s token extensions aim to provide a suite of solutions for businesses transitioning to distributed ledger technology, emphasizing security, compliance, and ease of use. Solana’s New Token Extensions Set to Boost Blockchain Adoption …
Okx Exchange Announces Plans to Compensate Users After OKB Token Flash Crash
Following a sudden plunge in the value of its native token OKB, which fell over 50% in a matter of minutes, Okx exchange has committed to developing a compensation plan for users caught in the resultant wave of automatic liquidations. Okx Exchange to Roll Out Compensation After Unexpected OKB Token Flash Crash Okx exchange experienced […]