#coin

Arthur Hayes wrote on X that he bought SOL, but he referred to the coin as a "Sam-coin piece of dogshit L1," alluding to Sam Bankman-Fried's significant contribution to this cryptocurrency.

JPMorgan Coin is a stablecoin designed to maintain a 1:1 peg with the U.S. dollar, offering stability and efficiency in transactions.

NYDFS wants to increase transparency from cryptocurrency companies operating in the state, particularly in their processes for listing and delisting cryptocurrencies. The new framework will require firms to develop their coin-listing policies in three key areas: governance for the coin-listing process, risk assessments of coins, and procedures for monitoring coins. The framework will also require firms to provide detailed information on their criteria and decision-making process for delisting a coin. The proposed legislation is open for public comments and will remain so until October 20th.

Coin Center, a crypto-focused policy nonprofit, has reached out to Congress members, urging for more transparent crypto tax regulations. In a letter to Senate Finance Committee's Ron Wyden and Mike Crapo, Coin Center emphasized the need for guidance on cryptocurrency taxation, especially concerning capital gains. They suggested a threshold for gains below which no tax would be due. Coin Center also stressed the importance of a "de minimis" exemption, without which, every small crypto transaction could become a taxable event. This exemption would simplify the use of cryptocurrencies for daily payments, especially for micropayments.

A year has passed since WhiteBIT's exchange token was unveiled on August 14th. In this brief time, the team behind it didn't just rest on their laurels; they launched a blockchain, making WBT's first anniversary a celebration of a genuine coin! Facing the challenges of a prolonged bear market head-on, WBT swiftly carved out its own space, gaining a legion of ardent supporters. Its market standing? A noteworthy triple of its inaugural IEO pricing and a 5th rank amidst centralized exchange tokens, as chronicled by CoinGecko. We salute this shining star and hope for further ascent, delighting all crypto enthusiasts who set the level!

Floki, initially a meme coin, is venturing into the DeFi space with its new tokenization platform, TokenFi. The platform aims to tap into the burgeoning real-world asset (RWA) market, allowing users to tokenize assets like real estate and cars.

Forbes, in a recent investigative report, has shed light on the 2017 ICO (Initial Coin Offering) conducted by Binance, and it paints a different picture of its success than previously believed.

The BALD project’s scammer team managed to relocate 7000 ETH ($13 million) from Base network into Ethereum. Not stopping there, they sent 2100 ETH (around $4 million) to the Kraken exchange, possibly gearing up for a grand withdrawal. Want the full story on this crafty meme coin scam? Read all about it in our detailed article!