Yearn Finance surges 45% as it joins dog pack with WOOFY

Yearn Finance is up nearly 45% in 24 hours, and it appears to be thanks to the team’s new dog token offering a bi-directional peg to YFI. Despite Dogecoin retracing from its all-time highs above $0.70, dog tokens continue to attract astonishing levels of popularity, with DeFi “blue-chip” Yearn Finance emerging as arguably the most prominent team seeking to cash in on the canine meme coin craze with the launch of its WOOFY token.But the YFI fans jumping in early may not have fully understood the coin’s utility which saw the price sail into the stratosphere.Whisperings of the new project began to circulate on Twitter over the past 24 hours, with users associated with Yearn hinting at a new token called WUFFY.

Singapore’s largest bank posts tenfold crypto volume growth in Q1 2021

DBS Bank CEO Piyush Gupta said the bank's exchange has scheduled a token offering for quarter two. DBS Bank, Singapore’s largest retail and commercial bank, has announced its first-quarter financial results following the launch of its institutional cryptocurrency exchange in December 2020. DBS chief financial officer Chng Sok Hui said that the bank saw record performance as quarterly net profit surpassed $2 billion for the first time in history, doubling from the previous quarter. DBS’ newly launched crypto platform, DBS Digital Exchange, apparently played a significant role in the bank’s latest milestone, as the platform saw a tenfold increase in daily trading volumes, reaching $30 million to $40 million, DBS CEO Piyush Gupta said.  The CEO announced further plans for the newly launched crypto exchange, including the company’s first security token offering scheduled for the second quarter of 2021. Gupta also mentioned the company’s collaboration with United States investment bank JPMorgan Chase and Singapore state investment firm Temasek to create a new blockchain venture focused on global interbank transactions.  “Blockchain can change the paradigm.

Germany’s Financial Regulator Warns Binance Over Stock Token Offering

Germany's financial regulator BaFin has warned Binance that it may be violating European securities laws with the introduction of its stock token trading.

One of Europe's largest investment banks issues security token on Tezos

Société Générale continues its crypto and blockchain experimentation by issuing a tokenized security on the Tezos network. European financial behemoth Société Générale has issued a security token on the Tezos blockchain. According to an announcement on Thursday, the move constitutes the first tokenized asset offered by Société Générale. The bank stated that the security token offering was a significant milestone in the efforts to begin full-spectrum cryptocurrency market operations by 2022. Société Générale through its Société Générale – Forge, or SG Forge, subsidiary reportedly plans to issue tokenized securities that can be integrated with legacy banking systems.

Wen Doggcoin? Snoop Dogg hints at future token offering

“Is d-o-g-g similar to d-o-g-e?” asked Snoop. Dogecoin (DOGE) proponent and media personality Snoop Dogg has said he hopes to release his own cryptocurrency in the future. In a Vanity Fair interview released on Friday, Snoop said his recent non-fungible token, or NFT, offering through Crypto.com will likely not be his only contribution to the crypto space.

Lympo LMT Token Offering Generates Over US$36m Value

Disclaimer: The text below is a press release that was not written by Cryptonews.com. 24 March 2021 — Tallinn, Estonia — Lympo, a subsidiary of Animoca Brands, announced today that it has successfully launched LMT and concluded the LMT token offering (announced 18 March 2021).

Lympo Launches 72-hours LMT Token Offering on 19 March 2021

Disclaimer: The text below is a press release that was not written by Cryptonews.com. 18 March 2021 — Tallinn, Estonia -- Lympo, a subsidiary of Animoca Brands, is pleased to advise that it will launch LMT, a new utility token to empower Lympo’s ecosystem of sports-related non-fungible tokens (NFTs), including collectibles based on world-famous athletes.

Supercar maker Mazzanti Automobili launches security token offering

The STO will take place on the Luxembourg-based STOKR marketplace. Italian luxury car manufacturer Mazzanti Automobili has launched its security token offering on regulated digital marketplace STOKR. As part of the offering, Mazzanti aims to raise 999,999 euros ($1.2 million) on STOKR to develop a special edition of its hypercar model Evantra Millecavalli R. According to a Feb.

IOI gaming platform applying NFT family starts the token public sale soon

IOI corporation, a blockchain game developer, is announcing the launch of their public DEX token offering (IDO) coming soon. IOI is behind the blockchain solution for gamers, traders, and crypto The post IOI gaming platform applying NFT family starts the token public sale soon appeared first on AMBCrypto.

Opportunistic trader front-runs HydraDX’s Balancer LBP contract for $50,000

A cunning trader exploited Balancer’s LBP contracts to front-run HydraDX’s token offering for $50,000 before it officially launched. Polkadot-powered decentralized exchange HydraDX has raised roughly $22.86 million in just the second public token sale offered using Balancer’s Liquidity Bootstrapping Pool, or LBP. However, one opportunistic trader was able to front-run the offering by exploiting the fact that Balancer’s LBP contracts are deployed in “unpaused” status by default. HydraDX is a substrate-based DEX that will use a single “omnipool” to drive automated market-making on the platform.

INX’s acquisition of security token platform OpenFinance almost complete

INX has completed all the documents needed to complete its acquisition of security token platform OpenFinance, and is now awaiting regulatory approval. Crypto IPO issuer INX has announced that its acquisition of security token offering platform OpenFinance is almost complete. According to an email sent to OpenFinance users, the parties are now just awaiting regulatory approval to complete the change in ownership.

Publisher of ‘Infinite Fleet’ Game Kicks Off Token Offering With $1M Tether Investment

The security token offering enables investors in select EU countries to share in future profits, Exordium says.

Infinite Fleet publisher launches STO led by $1M investment from Tether

Unlike most blockchain gaming fundraises, this one offers equity in the company and future profit-sharing. Exordium, the publisher of the upcoming sci-fi strategy game Infinite Fleet, has announced a public security token offering, or STO, on the STOKR platform, starting Jan.

The US SEC Fines Shipchain $2 Million for Conducting an Unregistered Token Offering: Company Agrees to Cease Operations

The US Securities and Exchange Commission (SEC) has issued a cease and desist order against Shipchain and ordered it to pay a penalty of $2.05 million.

Former HKEX Executive: HkbitEX Will Issue The First STO Project Next Year

On a forum, Lin Shi, the Chief Development Officer of HKbitEX, said that they will issue its first security token offering (STO) project in 2021.

Andre Cronje's new KP3R token surges 2000% in hours

The latest token offering by Yearn Finance founder Cronje has surged within hours of launch A newly launched token by Yearn Finance founder Andre Cronje has skyrocketed within hours of launch as degen farmers load up. The new token called KP3R is for Cronje’s latest project called Keep3r Network which is a decentralized gig-style, smart contract powered marketplace for technical jobs. Within hours of the token launch, traders and degen farmers had ‘aped’ into it causing prices to surge, topping out at over $180 a couple of hours ago according to Uniswap.info. Trading on Uniswap started as low as $10 per token, but the momentum soon picked up sending it surging almost 2000% within hours.

Japanese Firms Unveil ‘First Real Estate STO’ for New Retirement Home

Three Japanese companies have teamed up to launch what they said is the “first real estate securities token offering (STO) for retail investors in Japan.” The collaboration involves security token specialist Securitize, advertising firm and Lifull Homes property listing website operator Lifull and real estate agency Enjoyworks. And per a press release, the first

Filecoin Offering: Community Alleges Token Dumping, Tron’s Justin Sun Wants the US SEC to Investigate

The recent Filecoin (FIL) token offering is creating controversy as some crypto community members are alleging that an unknown account has received 1.5 million tokens when only 500,000 were due for unlocking.

Esports Team to Pay FIFA, Super Smash Bros Players in XRP

Crypto meets competitive gaming in a whole new way as SBI e-Sports announces initial signings ahead of security token offering.

Financial Giant SBI Launching Security Token Offering for Digital Sports Subsidiary, Considers Tokenizing Real Estate and Fine Art

SBI Holdings announces that it will launch a security token offering (STO) for its digital sports subsidiary, SBI e-Sports Co., and that it is contemplating STOs for additional asset classes in the future.

Ripple partner SBI Holdings to hold security token offering this month

Japanese financial services company, SBI Holdings announced today that it will raise funds by holding a security token offering (STO) using the Ibet blockchain platform from Boostry, instead of conven The post Ripple partner SBI Holdings to hold security token offering this month appeared first on AMBCrypto.

Financial giant SBI to run its first security token offering in October

SBI is considering tokenizing assets like real estate and fine art in the future. Japanese financial conglomerate SBI Holdings is getting more serious about the security token offerings industry. SBI is planning to run its own STO allotting shares of SBI e-Sports, the company’s new e-sports gaming arm, Cointelegraph Japan reports Oct.

SBI Subsidiary to Hold Security Token Offering Later This Month

The Japanese financial group is also mulling other business lines around tokenized securities.

CoinLinked seeks to raise $5m in regulated Security Token offering

CoinLinked, the social network platform launched by Wall St.