Tokens
Japanese Crypto Issuers Won't Pay Taxes on Unrealized Gains, Govt. Clarifies
Token issuers in the country were taxed for unrealized gains from holding on their own tokens.
Meme Coin BOB Tanks 45% After Elon Musk Calls its Twitter Bot Account a 'Scam'
Musk had previously engaged with the Bob token bot several times, aiding a value rise.
Crypto Exchange OKX Burns $258M of OKB Tokens in Record Move
OKX periodically buys back and burns the tokens to reduce their supply on the open market.
A House Bill Would Make It Harder for the SEC to Argue Crypto Tokens Are Securities
The five-page, bipartisan Securities Clarity Act by Representatives Tom Emmer and Darren Soto would significantly reduce uncertainty for both crypto investors and issuers, write Bain Capital Crypto’s Tuongvy Le and Khurram Dara.
Shiba Inu-Themed Floki Sees Trading Volume Surge Amid China Plans
Floki prices rallied on Sunday amid a bitcoin-led market push and bets on the token's “China narrative.”
Tornado Cash’s TORN Token Up 10% as Attacker Submits Proposal to Undo Attack
The proposal would revert Tornado Cash’s governance back to token holders, but not everyone in the community agrees that it's a benevolent plan.
Tokenization of Real-World Assets 'Changes How Value Is Transferred'
Institutions and fund managers have wanted to tokenize assets for some time, but it's been a manner of infrastructure catching up.
'Pepe the Frog' Meme Coins Rocket as Crypto Twitter Moves Over Dogecoin Obsession
Some early users have turned a few hundred dollars to six figures on the latest meme obsession.
Ethereum Layer 2 Network zkSync Era Jumps to Nearly $250M in Locked Value
More than 7 million transactions have been conducted on the network since launch, which can process 3.5 transactions per second, data shows.
Shiba Inu's Metaverse Will Partially Open by End of 2023, Developers Say
The metaverse is unlikely to be fully completed on release as it will be an “ongoing project,” developers said.
