Adoption
St. Kitts and Nevis to adopt Bitcoin Cash as legal tender in 2023
St. Kitts and Nevis Prime Minister Terrance Drew announced plans to adopt Bitcoin Cash as legal tender and mine it as a country.
Josh O'Sullivan 1 min read
Tokenization News
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Top Tokenization Stories
Bear Market
KuCoin CEO addresses rumours surrounding FTX, FTT exposure
Johnny Lyu, KuCoin's CEO, attests to the transparency of the exchange, discloses KuCoin holdings, and denies FTX, FTT exposure
Bear Market
Solana postpones token unlock amid double-dip fears, developers unaffected
Solana's staking lock-in period was supposed to end between Nov. 9 and Nov. 10.
Latest Tokenization News & Analysis
Stablecoins
Stablecoins fall below Dollar parity as turbulence impacts entire market
USDT, USDC, DAI all drop below $1 as market forces effect stablecoins across the industry
Research
Research: FTT token active addresses close to 0 for the entirety of 2022
Few investors hold FTT tokens off-exchange according to Glassnode data which shows hardly any active addresses on chain
Price Watch
FTT temporarily jumps 44% on news of Binance acquisition before going into free fall
The FTX native token FTT recovered over 44% after the announcement FTX.COM would be acquired by Binance. The token then retraced by 23% to $15.90 at press time.
Exchanges
Bitcoin balance on FTX Exchange goes negative – Coinglass
Coinglass data shows that FTX's BTC balance is now negative at -197.95 BTC after over 20K BTC left the exchange in the past 24hrs
Merge
Ethereum supply concentration in smart contracts hits all time high
The supply concentration of Ethereum has seen a divergence since mid 2020 with smart contracts growing considerably
Bear Market
Fears of Terra Luna style collapse of FTX native token FTT as Binance liquidates its holdings
CZ claims to be liquidating all FTT tokens held by Binance due to "recent revelations that have came to light"
More Tokenization News Headlines
Web3
A look at similarities between the 2000 dot-com bubble & post-COVID-19 bubble
Analysis
New Messari Q3 report on Polygon – bullish on growth of ecosystem
Tokenization
Top 50 Dogecoin holders unloaded $110M worth of DOGE over the past week
Exchanges
