Nigeria’s Patricia crypto exchange seeks to explain its token amid confusion
Patricia clarified that it will operate similarly to an IOU (I owe you) document, serving as a means for the exchange to acknowledge its debt to its users. Go to Source
Tokens
Auto Added by WPeMatico
dYdX to unlock 6.52M tokens worth $14M for community treasury, rewards
Out of the lot, 2.49 million DYDX tokens — worth $5.36 million — will be allocated to the community treasury. The treasury funds contributor grants, community initiatives and liquidity mining among other programs. Go to Source
Pepecoin: Insider trading claims surface amidst token theft
On-chain analyst Yazan reports insider selling of PEPE holdings, with around 400 billion PEPE sold, aligning with Pauly’s team exposure. Go to Source
SEC vs. Ripple: Pro-XRP lawyer urges Clayton, Hinman testimony
John Deaton points out that testimony from former SEC officials Bill Hinman and Jay Clayton during the SEC vs. Ripple Labs case would have categorized XRP as a non-security early on. Go to Source
Multichain $1.5B hack investigation, Shibarium eyes relaunch, Base, Optimism join hands: Finance Redefined
Top-100 DeFi tokens had another mixed week, with most of the tokens trading in a similar range as last week with minor price fluctuation. Go to Source
Hong Kong regulator eyes tokenization for bond market improvement: Report
The monetary authority in Hong Kong released a report on its study Project Evergreen which looked at the highs and lows of recent bond tokenization activity. Go to Source
XRP whale moves 29 million tokens to Bitstamp amid price slide
Additional information suggests the possibility that this whale might be selling its XRP assets, as it had previously moved 14 million XRP to Bitso just a few hours earlier. Go to Source
Binance’s zero-fee Bitcoin update could echo March downturn
In an official statement, cryptocurrency exchange Binance unveiled its plans to implement updates to the zero-fee Bitcoin trading starting from September 7. Go to Source
Shiba Inu hints at making Shibarium public soon
The Shibarium community known as Shibarmy has taken to X (formerly known as Twitter) to respond enthusiastically to the development. Go to Source
Nigerian crypto exchange’s token launch draws scrutiny
This development follows the company’s previous disclosure of a security breach resulting in fund losses in May 2023. Go to Source
