The waiving of corporation and sales taxes targets companies that issue digital tokens for investment
Xmon Tokens Fall 80% After End of SudoSwap Lock Drop Program
Traders initially bid up prices of Xmon to get an airdrop of sudo, the governance tokens of SudoSwap.
Klaytn Blockchain Will Focus on Increasing KLAY Token Demand in 2023
Klaytn intends to establish KLAY as a deflationary asset and provide more tools for developers intending to launch products on the network.
Klaytn Foundation Proposes Burning 5.28B KLAY Tokens, Cutting Token Supply by Nearly 50%
The proposal suggests an initial burning of 73% of the reserve supply, amounting to 5.28 billion KLAY tokens or approximately 48% of the total token supply.
Proof of Stake Alliance publishes white papers on legal aspects of liquidity staking
Experts from 10 industry organizations contributed to this pioneering examination of legal questions surrounding proof of stake.
Hundreds of Fake ChatGPT Tokens Are Luring Crypto Punters, Majority Issued on BNB Chain
Of over 172 tokens branded after ChatGPT that were issued, over 132 different tokens have been issued on BNB Chain, the most among blockchains.
BingChatGPT ‘pump & dump’ tokens emerging by the dozens: PeckShield
Blockchain security firm PeckShield on Twitter said it has found dozens of pump-and-dump tokens purporting to be related to ChatGPT.
DexibleApp aggregator hacked for $2M via ‘selfSwap’ function
The buggy function was intended to allow users to provide their own routing information, but the code did not limit routers to a pre-approved list.
Ethereum on-chain data suggests ETH sell pressure could be a non-event after the Shanghai upgrade
A recent Binance report details the status of Ethereum staking and explores why the Shanghai upgrade may not result in the ETH sell pressure some traders have predicted.
Crypto investors spent $4.6B buying ‘pump and dump’ tokens last year
Nearly 10,000 tokens launched on BNB and Ethereum last year are suspected to have been created just to dump on investors, according to Chainalysis.
Hong Kong issues HK$800m in tokenized green bonds
The bonds were underwritten by four banks and priced at a yield of 4.05%.
Binance CEO: crypto industry will probably move to non-dollar stablecoins
The Binance CEO claimed that algorithmic USD stablecoins may become more popular as well, although they “have risks.”
SEC enforcement against Kraken opens doors for Lido, Frax and Rocket Pool
Kraken has put an end to staking as a service and Coinbse could eventually be forced to follow suit. Will this create opportunities for LDO, FXS and RPL?
German DekaBank plans to launch tokenization platform by 2024
DekaBank’s partnership with Metaco is not about cryptocurrencies like Bitcoin but the tokenization of bonds and stocks.
Uniswap’s BNB deployment should use multiple bridges, claims LIFI CEO
The LIFI executive proposed that a team of four researchers be appointed to study the idea of a multi-bridge approach.
Dingo crypto token flagged as scam over 99% transaction fee backdoor
Cybersecurity firm Check Point said it discovered a smart contract function called “setTaxFeePercent” which can reportedly change the contract’s buy and sell fees.
Australia introduces classification for crypto assets
The national regulators identified four major products in the crypto sector.
Euro stablecoin launched in Finland, claims to be first approved in the EU
USDC issuer Circle Inc. previously released a euro-backed stablecoin that is regulated in the United States.
HSBC needs someone to helm its tokenization efforts
HSBC is looking for a candidate who knows of digital assets, especially asset tokenization and custody, according to a job posting.
Social token platform Rally announces shutdown of sidechain
Rally cited a “challenging year” for the crypto industry in its decision to “begin to sunset” the platform’s sidechain after Jan. 31.