![Russia mulls launching tokens backed by cenbank-owned gold: report](https://crypto.news/app/uploads/2023/12/crypto-news-Russian-Banker-option01-880x525.webp)
Token News
Latest Token News
![Flux rallies 22% in last 24 hours, analysts eye further gains](https://crypto.news/app/uploads/2024/01/crypto-news-token-unlocks-option01-880x525.webp)
News
Flux, the native token of the Flux ecosystem, has surged by 22% in the last 24 hours, making it a top trending cryptocurrency in the U.S. At the time of writing, Flux (FLUX) was still up 20%, exchanging hands at…
![Flux](https://coin-images.coingecko.com/coins/images/5163/large/Flux_symbol_blue-white.png?1696505679)
![IOTA becomes Sharia compliant as its price stalls](https://crypto.news/app/uploads/2022/03/The_Iota_For_Business_Lightpaper_is_Out-880x525.jpg)
Markets
IOTA price rose on Tuesday, joining other cryptocurrencies that bounced back after falling sharply on Monday. The IOTA (IOTA) token rose to an intraday high of $0.1290, 25% higher than this week’s low of $0.1028. Cryptocurrencies have recovered Its rebound…
![IOTA](https://coin-images.coingecko.com/coins/images/692/large/IOTA_Swirl.png?1696501881)
![Russia mulls launching tokens backed by cenbank-owned gold: report](https://crypto.news/app/uploads/2023/12/crypto-news-Russian-Banker-option01-880x525.webp)
News
As sanctions keep biting, Russia is exploring gold-backed tokenized assets for cross-border trades, with plans for broader testing by year-end. Russian lawmakers are exploring the introduction of gold-backed tokenized assets, directly managed by the central bank, as a solution for…
![RWA heralds the next wave of blockchain innovation in tradfi | Opinion](https://crypto.news/app/uploads/2024/07/crypto-news-RWA-heralds-the-next-wave-of-blockchain-innovation-in-tradfi-option04-880x523.webp)
Opinion
Tokenized assets appear poised to increase transparency, liquidity, and accessibility to tradfi markets, facilitating fractional ownership and liquidity.
![Web3 infrastructure startup ThirdFi secures $2m in token funding backed by Chainlink](https://crypto.news/app/uploads/2024/05/crypto-news-Could-tokenized-RWAs-help-cover-your-next-vacation-option03-880x525.webp)
News
Distributed web3 infrastructure startup ThirdFi has raised $2 million in token funding backed by Chainlink, Techstars, and others. ThirdFi, a web3 infrastructure startup aimed at making decentralized finance more accessible via API, has secured $2 million in its THI token…
![Winter is coming: Why altcoin market declines after token unlocks](https://crypto.news/app/uploads/2023/12/crypto-news-altcoin-surge-option05-880x525.webp)
Follow-up
Altcoins face an early crypto winter, mainly due to the large token unlocks in 2024. According to Bloomberg, early project investors seek to sell the received tokens quickly, wanting to lock in short-term profits. At the same time, they do…
![ZKsync slumps 21% after airdrop amid sustained selling pressure](https://crypto.news/app/uploads/2023/09/crypto-news-trading-down01-880x525.webp)
Markets
ZKsync, the Ethereum-based layer-2 blockchain platform, has witnessed a significant 21% drop in its token value following the recent airdrop, as selling pressure mounts. The much-anticipated distribution of “ZK” tokens initially placed the market capitalization of the asset near an…
![Binance lists Zksync (ZK) with token giveaway amid airdrop controversy](https://crypto.news/app/uploads/2023/09/crypto-news-Binance-front-side-view-internet-and-blockchain-background-yellow-and-black-color-v5.1-880x525.jpg)
News
Crypto exchange Binance announced the listing of Zksync (ZK) trading pairs and a token distribution program aimed to alleviate community concerns about the token airdrop. Starting at 10:00 (UTC) on Jun. 17, the ZK token will be available for spot…
![Convex Finance price rallies 100%, traders bet on its downfall](https://crypto.news/app/uploads/2023/10/crypto-news-Price-Rally-for-Apecoin-El-Hippo-and-PEPE04-880x525.webp)
News
The price of Convex Finance (CVX) recorded an impressive rally over the past day. Now, traders are betting on its downturn. CVX is up by 100% in the past 24 hours and is trading at $4.28 at the time of…
![Convex Finance](https://coin-images.coingecko.com/coins/images/15585/large/convex.png?1696515221)
![ERC-404 and the evolution of NFTs towards standardization and accessibility | Opinion](https://crypto.news/app/uploads/2024/05/crypto-news-ERC-404-and-the-evolution-of-NFTs-towards-standardization-and-accessibility-option02-880x525.webp)
Opinion
The dialogue surrounding NFT standards is still in gestation, but the direction signposted by ERC-404 is unmistakable.
![EigenLayer stakers to receive 15% of token supply](https://crypto.news/app/uploads/2024/04/crypto-news-crypto-airdrop-option17-880x525.webp)
News
Ethereum restaking protocol EigenLayer revealed its plan to airdrop free tokens to users in two phases and introduce a new staking security system.
![Birdeye refutes airdrop plans in latest announcement](https://crypto.news/app/uploads/2024/01/crypto-news-laptop-trading-chart-option03-880x525.webp)
News
Crypto trading aggregator Birdeye has unveiled a new feature to customize the data pool, while also addressing speculations surrounding a potential airdrop. In an X post on Jan. 27, Birdeye unveiled a tool called “Terminal,” designed to empower users to…
![Solana launches ‘token extensions’ for enhanced dev control and compliance](https://crypto.news/app/uploads/2023/12/crypto-news-Solana-option08-880x525.webp)
News
Solana is elevating its token functionality, providing developers with enhanced control by implementing customizable token ownership and usage rules. This development is the result of the Solana (SOL) Foundation’s recent announcement about the activation of “token extensions” on Solana’s SPL…
![OKX launches investigation after OKB price plunged by 50%](https://crypto.news/app/uploads/2023/12/crypto-news-trading-chart-front-side-view-Exchange-building-background-bright-neon-colors-option04-880x525.webp)
News
Crypto exchange OKX has started an investigation into the abrupt 50% decline in the value of its native token OKB. Cryptocurrency exchange OKX has launched an investigation following a rapid 50% decline in the value of its native token, OKB.…
![OKB](https://coin-images.coingecko.com/coins/images/4463/large/WeChat_Image_20220118095654.png?1696505053)
![Thailand’s second-largest bank embraces crypto fundraising](https://crypto.news/app/uploads/2023/07/crypto-news-modern-Thailand-top-side-view-blurry-blockchain-and-technology-background-day-light-golden-and-blue-colo-v5.2-880x525.jpg)
News
Thailand’s second-largest bank, Kasikornbank Pcl, is charting a course to develop a digital-asset ecosystem, providing a unique funding avenue for companies. With the recent acquisition of Thai licensed crypto exchange, Satang Corp., Kasikornbank is now encouraging some clients to explore…
![Crypto news website Decrypt merges with Rug Radio](https://crypto.news/app/uploads/2023/07/crypto-news-company-merger-office-background-bright-light-low-poly-style-880x525.jpg)
News
Decrypt has signed a letter of intent to merge with Rug Radio to double down on web3 content. Crypto media website Decrypt is set to merge with Rug Radio, a decentralized content creator platform, to create a joint venture on…