Browsing:Tokens

Magic Square Launches $SQR Staking Program for Token Holders
1 month ago 2 mins read

Magic Square Launches $SQR Staking Program for Token Holders

Road Town, BVI, March 25th, 2024 Following its acquisition of TruePNL earlier this year, Magic Square, the Binance Labs backed Web3 app store, has launched a staking program for holders of its $SQR token. This initiative aims to enhance the utility of the $SQR token and incentivize the Magic Square community to support the ecosystem’s growth. Token holders can earn an Annual Percentage Rate (APR) by staking their $SQR tokens across various pools, with reward rates varying by pool. The total rewards earned will depend on the amount of $SQR staked and the duration of staking. Participants can choose their preferred pool

DigiFT Introduces First RWA Depository Receipt Tokens , To Safeguard Investors’ Rights And Protection On-chain
1 month ago 3 mins read

DigiFT Introduces First RWA Depository Receipt Tokens , To Safeguard Investors’ Rights And Protection On-chain

Singapore, Singapore, March 25th, 2024 DigiFT, the first licensed exchange for on-chain real-world assets, announced the launch of the first ever U.S. Treasury Bill depository receipt tokens that represent direct beneficial ownership in the underlying U.S. Treasury Bill. Depositary receipts (DR) are a well-tested structure in traditional finance and was first introduced in the late 1920s when J.P. Morgan created the first American Depositary Receipt (ADR) to facilitate trading of the shares of British retailer Selfridges on the New York Stock Exchange (NYSE). The 1990s saw further expansion in the use of depository receipts, including the introduction of Global Depositary

ProBit Global Announces Exclusive 50% Discount on MUSIC Tokens
3 months ago 2 mins read

ProBit Global Announces Exclusive 50% Discount on MUSIC Tokens

Vilnius, Lithuania, January 16th, 2024 ProBit Global, a top 20 global cryptocurrency exchange, is excited to announce an exclusive promotion providing its users the opportunity to purchase Gala Music (MUSIC) tokens at a 50% discount. The limited-time offer will run from January 23rd to 29th, 2024. Load Up on Limited-Time Token Discounts Through the promotion, ProBit Global will make available a total allocation of 10,000 USDT worth of MUSIC tokens to its users. There will be no lock-up or vesting period imposed on tokens purchased. To participate, users must hold a minimum of 500 PROB, the native exchange token of ProBit Global,

AI Token Trading Explodes Hits $3 Billion in Surging Volume
5 months ago 1 min read

Artificial Intelligence Tokens Skyrocket with a 200% Surge, Breaking $3 Billion in Trading

The weekly trading activities of crypto projects centered on artificial intelligence (AI) have increased dramatically in the last six weeks. AI-related crypto assets such as Render (RNDR), Worldcoin (WLD), and Fetch.ai (FET) have been leading the pack in terms of trading volume, according to Kaiko, a prominent on-chain analytics firm. According to the data presented in Kaiko’s tweet, the trading volume of AI tokens was initially less than $1 billion in early October. However, a significant and consistent increase propelled weekly trading volume to more than $3 billion this month, representing a remarkable 200% increase. The chart shows that the

Swiss Bankers Association
1 year ago 1 min read

Swiss Bankers Association Pushes for Deposit Tokens to Boost Digital Economy

The Swiss Bankers Association has published a white paper that outlines how Swiss banks can contribute to the development of the country’s digital economy. The group has suggested a Swiss franc “joint” deposit token as a solution. According to the paper, stablecoins have limited penetration in the Swiss financial system despite end-to-end digitization becoming more common in business models. Additionally, there are no Swiss stablecoins that are accessible by the general public. The white paper suggests a deposit token that is “issued by regulated and adequately supervised intermediaries” and redeemed by smart contracts denominated in Swiss francs. The token could

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