If you don’t have a traditional stock account and want to gain exposure to Coinbase stock you can now do so on Binance. Before we look at how to buy Coinbase Stock Tokens, let’s first clarify what tokenized stocks are.

What Are Coinbase Stock Tokens?
Stock Tokens on Binance are zero-commission digital tokens backed 1:1 by the underlying stock held by Binance. The tokens are pegged to the performance of the stock on the NASDAQ.

Unlike other digital assets on Binance, trading of stock tokens on Binance follow traditional exchange hours.

For a greater understanding of the risks involved read the Binance Stock Tokens Trading Service Agreement here.

https://cryptonews.net/en/news/market/604958/

Switzerland’s stock exchange, SIX, released its trading data for April, showing a 20.6 percent decline in demand month-over-month. The exchange recorded a trading turnover of CHF 109.8 billion for the month.

The official data shows that there was a decline in most of the key trading metrics. The trading volume decline was triggered by a lesser trade execution number, which, for April, came in at 5,148,483, 19.4 percent lower than the previous month.

Demand for equities and exchange-traded funds (ETFs) dominated with 4,925,792 trades being executed, bringing a total turnover of CHF 90.8 billion. CHF and non-CHF bonds generated volumes of CHF 9.2 billion and CHF 1.79 billion, respectively.

The decline in trading demand can also be observed in the numbers of the first four months of the ongoing year. The total turnover generated from the trading activities from January to April came in at CHF 486.8 billion, 34 percent less than what the exchange recorded in the same period last year.

However, it should be noted that the trading venues across the globe earned a windfall in March 2020 due to the financial market turmoil created by the Covid-spurred volatility. Those record monthly numbers not only impacted the quarterly financials of exchanges but also dragged the yearly revenue and profits. The operating income of the exchange jumped by 21.8 percent last year.

Crypto Demand Soars
SIX is one of the few traditional exchanges listing many cryptocurrency products as well. These products generated a turnover of CHF 845.8 million, 36 percent higher than the previous month. And since the beginning of this year, demand for crypto products jumped by 194 percent. Last month, Finance Magnates reported that Seba bank joined the Swiss exchange to list crypto ETPs.

https://cryptonews.net/en/news/market/606890/

The decentralized finance space has become increasingly crowded in recent months. New protocols, exchanges, and automated market makers are launching on an almost daily basis. One of the original protocols feeding many of those new ones, is Balancer, and it is still going strong.

The Ethereum based automated market maker allows users to create or add liquidity to customizable pools and earn trading fees. Balancer derives its name from the formula it uses. As such, it essentially allows any number of tokens in any weights or trading fees into to its custom pools.

The protocol is designed two categories of user:

Liquidity providers who own Balancer pools or participate in shared pools.
Traders who buy or sell the underlying pool assets on the open market.
Over the past 12 months, the collateral locked into the platform has exploded from around $2.5 million to over $2 billion. This securely places Balancer in the top ten largest DeFi platforms on the planet.

More information

American food company General Mills has released its first nonfungible tokens (NFTs) with Dunkaroos, as per a tweet earlier this week.

NFTs…cause why not?
NFTs are blockchain-based representations of tangible or intangible objects that prove their holders are the true owners of that underlying asset.

They were initially limited to blockchain-based art pieces, virtual lands, and other crypto collectibles, but have since been used to sell sneakers, list real estate, release iconic merchandise and music albums…and now even cookie brands.

“Introducing Dunkaroos New Frosting Tokens (NFT)– 90s inspired art. You can own your favorite 90s snack as an NFT and get a taste of our new flavor before they hit the market,” wrote the team on Twitter.

Introducing Dunkaroos New Frosting Tokens (NFT)– 90s inspired art. You can own your favorite 90s snack as an NFT and get a taste of our new flavor before they hit market. Check them out: https://t.co/NB5BlUx3pY. 100% of the profits earned will be donated to Feeding America® pic.twitter.com/0Fu0Mkf39E

— Dunkaroos (@Dunkaroos) April 28, 2021

Dunkaroos are a snack food first launched in 1990. It consists of a snack-sized package containing cookies and frosting and was among the most popular snacks in that decade. Dunkaroos were discontinued in 2012 but returned in 2020.

In a release to CryptoSlate, Dunkaroos said it had minted 10 one-of-a-kind “New Frosting Tokens” (NFTs) for fans who want to own original Dunkaroos digital artwork and score exclusive first taste access to Chocolate Dunkaroos.

[urlhttps://cryptonews.net/en/news/nft/596226/]more info[/url]

Cryptocats are digital art tokens (NFTs) made in 2017 that are hosted on the Ethereum Blockchain -one of the main crypto networks- and sparked interest recently with the huge NFT Market growth these past few months.

This story is the story of how old digital assets get valued by the public, and why there is more to it than actual art quality and ownership issues.

CryptoCats Reborn: How it Started
Until March 11th and the widespread craze for NFTs in the cryptosphere, a significant portion of these cats NFTs were patiently awaiting their adoption, dormant on the Cryptocats website, just like Mooncats and Cryptopunks before them. Their rediscovery by NFT “Archaeologists” -modern-day archaeologists who search for older, forgotten art tokens- sparked a huge rush with over $1 Million spent in a matter of hours by people trying to get their hands on a precious digital feline.

What made them so popular so quickly is that not only they’re one of the oldest digital tokens ever, but they also are the very first fork (made using the same source code) of the famous Cryptopunks, with some of the cats designed by John Watkinson from LarvaLabs (CryptoPunks co-creator). However, unlike CryptoPunks and their 10000 unique punks, the total amount of Cryptocats available is only 625, so the community that formed around it is way smaller than the CryptoPunks one, and the hype/marketing surrounding it quickly vanished.

That was until a week later, on March 19th, another group of NFT Archaeologists discovered the very first versions of these cats on contracts that were published prior to the official ones.

These early versions featured cats of the latest version that were thought to have been lost forever in “forgotten wallets”, making the rush even more massive.

The original #CryptoCat devs deployed 2 contracts within 3 minutes of each other. The only difference appears to be a cost of 0.08 ETH instead of 0.8 ETH. Greed? Maybe, maybe not. Regardless. There’s cats for the taking.

DYOR, you are 100% responsible.https://t.co/Pj6kMw4n8b

— Allen Hena (@RealAllenHena) March 19, 2021

CryptoCats See New Ownership
Within a few minutes, several hundred cats found a new owner. This story could have ended there, but the blockchain is full of surprises. The first version of these cats is similar in all aspects to the final version except for one non-negligible detail- The price.

They are ten times cheaper than their little brothers. Accused of hiding these versions out of pure financial interest, the developers of the CryptoCats decided to deny this version by doing everything in their power to prevent their trade.

They quickly made an official statement on the matter, wrongfully stating that any older contracts were “buggy” and “unusable”.

We had a situation that happened a few hours ago where people found some old CryptoCat contracts that were never used and never associated with our CryptoCat official website.

— CryptoCats (@CryptoCats26) March 19, 2021

This decision came with serious consequences and angered several users who believed that the developers had violated the spirit of the blockchain. Decentralization, by definition, means that no single individual or entity can own the blockchain as it belongs to the community. It is up only to the market to determine what holds value. A group of enthusiasts began to rehabilitate these cats, disowned by their creators.

The ”unofficial” cats were published on OpenSea, the largest market available for NFTs, but quickly taken down after the original developers reported them.

That didn’t stop the new community from working on making these cats available for everyone, and the archaeologists team who found the contract took the matter in their own hands and started working on a decentralized exchange.

Love and passion coming from this Community is incredible. It’s crazy.
We will do our best to perpetuate the spirit of blockchain and decentralization. Come and write history by joining CryptoCats Labs. The very first disowned. Made by the Community.https://t.co/JkNuvGmBRh pic.twitter.com/VcAYzaTBzu

— Archaeology NFT (@TheSybarit) March 22, 2021

Thus, 2 days later, CryptoCats Reborn, and its exchange cryptocatslistings.com were born, a fully decentralized exchange acting directly on the contract, without intermediates.

A runaway success that generated over 200 trades and $600,000 in volume in less than a week, all the while the official version of the contract only showed a single sale in 10 days, an all time low since their rediscovery.

-The devs rejected the older(1st deployed) contracts found by the community

– The community decided to build their own UI after getting kicked off @opensea

-In less than 48hrs, the 1st deployed CryptoCats have done 200 ETH+ in volume.

The market has spoken 🔥 https://t.co/DPNVAVeOvE

— JuanSnow (@Juan_Snow1) March 26, 2021

This story of CryptoCats Reborn once again reminds us of the beauty and power of decentralization. The blockchain allows us to free ourselves from individuals and centralization, and it is its users that define the market value of anything on it.

CryptoCats Reborn, When the Blockchain Takes Power Over Developers
https://cryptonews.net/594768/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared

Sicilian artist Matteo Mauro, who grew up in England, has announced that he will start to tokenize the artworks of his collectors using Ethereum-based Non Fungible Tokens (NFT).

“This need stems from the demand of our collectors, who were the first to ask us to tokenize the artworks. As a result, we decided to offer this possibility at a symbolic price to all our historical buyers. In addition, to celebrate the beginning of this process, we decided to give each of them a first NFT limited edition,” explained Matteo Mauro to The Cryptonomist.

Matteo Mauro’s first NFTs, therefore, will not be held via auction but will be targeted tokenization offers made to buyers already in possession of the physical work. The Bonus Collector’s NFT, on the other hand, will be a limited edition of the artist’s most awarded historical work: Baroque.



These NFTs will be available for sale on the artist’s profile on Foundation‘s marketplace, where he will also publish future NFTs.

Matteo’s works are or have been on display on all continents, in famous museums such as MEAM in Barcelona, Songyang Museum Contemporary Art in Spring, China or Crocetti Museum in Rome.



In 2018, the Royal Academy of Art Exhibition exhibited a digital sculpture of his, made of wood by means of a kuka robot, valued at £250,000. His gift shop, which was put online last Christmas, was completely sold out in less than a month.



About Matteo Mauro
Matteo Mauro is a Sicilian artist and designer, born in Catania in 1992. He has been living and working in England since 2010. He has worked and studied with several internationally renowned designers such as Ron Arad and Isaie Bloch, and taught at several British universities, including UCL and LSBU.

His atelier, Matteo Mauro Studio, uses a variety of digital representational techniques, which he has developed a passion for and has made technology his primary means of artistic expression.

His art observes and explores the world around him, searching for old and new methods of creative expression. He is known for his series of Micromegalic Inscriptions paintings that have won various awards including the International Van Gogh Prize given by José Van Roy Dalí, son of Salvador Dalí. The story of these works gave rise to the book of the same name Micromegalic Inscriptions, A Rococo story of contemporary engravings, published by Le Penseur in 2017.


Matteo Mauro tokenizes the works of his collectors into NFTs
https://cryptonews.net/595654/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared

NFT Alley, a new market place to launch India’s first multi-chain marketplace within the virtual economy, has successfully secured funding from the top-tier investors within the industry. It raised a total of $1M in seed, private and public rounds. 

Notable investors, including Amesten Capital, AU 21 capital, X21 Digital, Moonwhale Ventures, participated in the funding round. With the backing of these high-grade investors, NFT Alley considers itself fortunate and will also be receiving strategic guidance from founders of famous Indian ecosystem projects, in its relentless bid of bringing NFTs to mainstream adoption.

NFT Alley marketplace promises to be versatile, a “one-stop-shop” for minting, purchasing, and selling digital collectables, supporting local artists and bridging the gap of revenue leakage and income for artists and collectors globally.

The global market for NFTs has continued to grow with increased momentum from Q4 of 2020. NonFungible had reported that NFTs sales within Q1 of 2021exceeded $2.1 billion, representing more than 2,100% growth from the previous quarter, which recorded $93 million in NFTs sales. The industry is no longer just for speculative gains but now drives value creation across sectors.

Co-founder of NFT Alley Abhijith Dattatreya, says the company will deploy this latest round of funding to build sleek and intuitive products to cater to the rising needs of an interoperable NFT solution that allows users to exchange value across chains with improved liquidity. The contributions also foster a strategic relationship and fuels regional marketing efforts to drive NFT to mainstream adoption.

With the introduction of fresh funds, NFT Alley aims to create a platform that promotes a personalised experience for its users through an intuitive and sleek user interface. NFT Alley expresses gratitude to all the investors for their support throughout the journey and offers a note of appreciation to the whole community. The trust and support fuel the company to reach greater heights.

Disclaimer: Do your own research related to the promoted company or any of its affiliates or services mentioned in the article. Coingape.com does not hold any responsibility for your damage or loss.

NFT Alley Raises $1M USD To Build India’s First Multi-Chain NFT Marketplace
https://cryptonews.net/592382/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared