Author: CryptoPress

A new political meme coin themed around Joe Biden is scheduled to launch on Coinbase’s Layer 2 network, Base, this week. The project has allocated a significant portion of its token supply specifically to compensate traders who incurred losses on the MAGA-related TRUMP token. The token rollout capitalizes on the ongoing surge of political meme coins within the decentralized finance ecosystem. A new political meme coin themed around Joe...

AMC Entertainment CEO Adam Aron launched a scathing attack on Robinhood’s newly surging stock tokens on Thursday evening, branding the crypto-based derivatives as “contemptible, outrageous, disgusting, detestable, inexcusable, and vile.” The theater chain executive followed up on Friday by officially asking the retail brokerage to “voluntarily CEASE AND DECIST the trading of AMC stock tokens,” noting that he had already consulted AMC’s outside...

Privacy coin Zcash (ZEC) experienced a massive 45% weekly surge, pushing its market valuation to multi-year highs. The token hit price levels not recorded since 2016, mirroring a renewed wave of market interest in zero-knowledge cryptography and transaction confidentiality. Trading volumes expanded significantly across major centralized and decentralized exchanges as momentum picked up pace. Privacy-centric cryptocurrency Zcash (ZEC) rallied...

South Korea aims to launch a fully commercialized tokenized securities market by February 2027, according to regulatory timelines outlined by the Financial Services Commission. The initiative follows ongoing legislative efforts to amend the Electronic Securities Act and the Capital Markets Act to accommodate distributed ledger technology. Market participants are gearing up for institutional integration, aiming to bring fractional investments...