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  • South Korea investigates crypto exchanges for listing native tokens

    South Korea investigates crypto exchanges for listing native tokens

    Korea Financial Intelligence Unit (KoFIU) launched a probe into crypto exchanges in relation to listing their in-house, self-issued tokens as Korean crypto exchanges are barred from issuing native tokens, according to a local report.

    Initial investigations revealed that all crypto exchanges performed lawful operations across South Korea. However, a FSC spokesperson revealed plans for deeper investigation because “there are still some doubts related” to in-house token listings.

  • Whales continue stacking Dogecoin (DOGE) despite rising crypto market risks

    Whales continue stacking Dogecoin (DOGE) despite rising crypto market risks

    Whales continue stacking Dogecoin (DOGE) despite rising crypto market risks

    Data from Santiment showed that Dogecoin addresses holding one million to 10 million coins increased their balance from 9.26 billion DOGE to 9.99 billion DOGE since Oct. 2. Addresses holding 10,000 to 100,000 coins filled their bags from 4.76 billion to around 5 billion.

    On the other hand, addresses with 100,000 to one million addresses also increased holdings from 7.72 billion to 7.99 billion in the same amount of time.

  • SHIB Army remains positive as Memecoin Social Sentiment Index remains positive

    SHIB Army remains positive as Memecoin Social Sentiment Index remains positive

    Despite the pervasive negative sentiment prevailing in crypto markets after the FTX collapse, SHIB’s Social Sentiment Index has been mostly positive in the last two weeks, hovering around 79/100.

    Against the backdrop of the deepening crypto winter, the number of crypto wallets holding SHIB has also steadily increased, reaching 1,274,150 holders.

  • First USD stablecoin launches on XRP Ledger

    First USD stablecoin launches on XRP Ledger

    In a piece of vital news related to XRP — Stably, a leading Seattle-based Web3 startup has announced the launch of its multichain $1 pegged stablecoin on XRP Ledger (XRPL).

    The stablecoin, which goes by the ticker symbol USDS, supports XRPL’s mission to provide a sustainable and scalable platform for individuals and organizations.

  • Cardano builder IOG, University of Edinburgh launch world’s first blockchain decentralization index

    Cardano builder IOG, University of Edinburgh launch world’s first blockchain decentralization index

    Input Output Global (IOG), the builder of the decentralized finance (DeFi) cryptocurrency project Cardano (ADA), has unveiled the world’s first blockchain decentralization index.

    The tool, dubbed the Edinburgh Decentralization Index (EDI), is a partnership between IOG and the University of Edinburgh that aims to establish a transparent mechanism for rating the decentralization level of public blockchain initiatives, IOG said in a blog post published on November 18.

  • Ripple to expand its European presence by obtaining a license in Ireland

    Ripple to expand its European presence by obtaining a license in Ireland

    Ripple, a U.S.-based crypto payments platform, is looking to obtain regulatory approval in the Republic of Ireland so it can access the European market, CNBC reported on Friday.

  • Highlights of the week

    Highlights of the week

    $SRM forked by developers after FTX hack
    $ADA plans to release new blockchain and token
    Nike launches Web3 platform Swoosh on $MATIC
    $TWT launched a new web browser extension wallet
    $1INCH seeks to optimize gas costs with its new v5 router
    Cristiano Ronaldo launches first NFT collection with $BNB
    Luxury hotel in Dubai accepts $SHIB1000 as payment method

  • Cardano (ADA) plans to release new blockchain and token

    Cardano (ADA) plans to release new blockchain and token

    Cardano is launching new privacy blockchain and token

    Input Output Global (IOG), the firm behind the Cardano blockchain, is releasing a new privacy-focused blockchain called Midnight and a token called dust to accompany the new network.

    Midnight will be a data protection-based blockchain that safeguards sensitive commercial and personal data, protecting fundamental freedoms of association, commerce, and expression for developers, companies, and individuals.

  • Tether says it’s moving 1 billion USDT from Solana to Ethereum

    Tether says it’s moving 1 billion USDT from Solana to Ethereum

    Tether, the issuer of the USDT stablecoin, said it was conducting a chain swap to move 1 billion USDT from Solana to Ethereum.

    The chain swap will reduce the total amount of circulating USDT on Solana, but the company said on Twitter that overall supply of the stablecoin will not change.

  • Soccer fan tokens skyrocket in price days before FIFA 2022 World Cup

    Soccer fan tokens skyrocket in price days before FIFA 2022 World Cup

    Chiliz, the platform used to issue the majority of soccer-related tokens is experiencing positive price movement for its $CHZ token. $CHZ has increased by 17.43% in the past 7 days and increased by 50% in just 1 month.

    In the last seven days, the prices for $ARG (Argentina) and $POR (Portugal) also rose by 33.67% and 42.84%, respectively.