BitcoinWorld South Korean Crypto Exchange Coinone’s Groundbreaking Digital Asset Sale In a significant development for the digital asset landscape, Coinone, a prominent South Korean crypto exchange , has announced plans for a substantial crypto sale. This move marks a pivotal moment, as Coinone becomes the first among the country’s top five exchanges to leverage new regulatory frameworks, signaling a new era of operational transparency and financial management within the cryptocurrency sector. Why is Coinone Making This Groundbreaking Coinone Crypto Sale ? Coinone’s decision to proceed with a Coinone crypto sale stems directly from the need to cover essential operating expenses. This strategic financial maneuver, valued at approximately 4.1 billion won (around $2.95 million USD) based on July 31st closing prices, is designed to ensure the smooth functioning of the exchange and maintain its robust service delivery to users. Specific Assets Involved: The sale includes a diversified portfolio of major cryptocurrencies, carefully chosen to meet their financial objectives: 10 Bitcoin (BTC) 300 Ethereum (ETH) 200,000 XRP 40,000 Cardano (ADA) Purpose of Sale: Funds generated from this digital asset sale are primarily earmarked for critical expenditures such as payroll, administrative overheads, and technology upgrades. This ensures the stability and continuity of the exchange’s operations, reinforcing its commitment to its employees and users. This proactive step highlights Coinone’s commitment to responsible financial management within the evolving cryptocurrency market. It also sets a clear example for other exchanges on how to navigate the complexities of operational costs in a highly volatile industry. Navigating the New Korean Crypto Regulations This bold step by Coinone is made possible by recent amendments in Korean crypto regulations . As of June, South Korean regulators introduced provisions allowing crypto exchanges and certain nonprofit entities to sell their proprietary crypto holdings . This regulatory shift represents a crucial acknowledgment of the operational realities faced by digital asset platforms. However, these permissions come with strict conditions, reflecting a cautious yet progressive approach to the burgeoning crypto market. The framework permits such sales only under specific, limited circumstances: Tax Obligations: Exchanges can sell assets to fulfill their tax liabilities. Operational Costs: Funds can be raised to cover essential operating costs, including employee salaries and daily administrative expenses. Default Risk Mitigation: Sales are allowed to address clear risks of default on legal obligations, ensuring financial solvency and protecting stakeholders. These regulations aim to provide exchanges with necessary liquidity for legitimate operational needs while preventing speculative or manipulative sales of their own assets, thereby safeguarding market integrity. What Does This Pivotal Digital Asset Sale Mean for the Market? Coinone’s proactive approach in initiating this digital asset sale sets a significant precedent for the entire South Korean crypto industry. Being the first among the nation’s top five exchanges to utilize this regulatory allowance, Coinone demonstrates a strong commitment to operational sustainability and compliance. This move signals a maturing market where regulatory clarity is slowly but surely emerging, fostering greater trust and stability. This development could encourage other exchanges to similarly assess their crypto holdings and leverage the new regulations for financial health. It provides a blueprint for how established platforms can manage their treasuries transparently. The market’s reaction to Coinone’s sale will be closely watched, potentially influencing future strategies for other South Korean crypto exchange platforms seeking to enhance their financial resilience. Ultimately, this sale could lead to a more stable and predictable environment for digital asset trading in South Korea, benefitting both exchanges and their users by ensuring continued, reliable service. Coinone’s strategic Coinone crypto sale represents a significant milestone, not just for the exchange itself but for the broader South Korean digital asset ecosystem. It highlights the growing importance of clear regulatory guidelines that enable exchanges to manage their finances responsibly, ensuring long-term viability and fostering a more secure environment for users. This move underscores a crucial step towards mainstream acceptance and operational maturity in the dynamic world of cryptocurrencies. Frequently Asked Questions (FAQs) 1. What is the main reason for Coinone’s crypto sale? Coinone is conducting the crypto sale primarily to cover essential operating expenses, such as payroll and other administrative costs, ensuring the exchange’s continued stability. 2. Which cryptocurrencies are included in Coinone’s sale? The sale includes 10 Bitcoin (BTC), 300 Ethereum (ETH), 200,000 XRP, and 40,000 Cardano (ADA). 3. When did South Korean regulators allow exchanges to sell crypto holdings? South Korean regulators began allowing crypto exchanges and nonprofit entities to sell their own crypto holdings in June. 4. Under what conditions can South Korean exchanges sell their crypto holdings? Exchanges can sell crypto holdings only under limited conditions, such as paying taxes, covering operating costs like payroll, or addressing clear risks of default on legal obligations. 5. Is Coinone the first exchange to conduct such a sale in South Korea? Yes, Coinone is the first among South Korea’s top five exchanges to move forward with such a crypto sale under the new regulations. Did you find this insight into Coinone’s groundbreaking crypto sale informative? Share this article with your network on social media to spread awareness about the evolving regulatory landscape in South Korea’s digital asset market! To learn more about the latest South Korean crypto exchange trends, explore our article on key developments shaping digital asset sale institutional adoption. This post South Korean Crypto Exchange Coinone’s Groundbreaking Digital Asset Sale first appeared on BitcoinWorld and is written by Editorial Team
BitcoinWorld Bitcoin Asia 2025 Assembles Most Influential Voices in Hong Kong HONG KONG – July 21, 2025 – Bitcoin Asia 2025 after its stellar announcement of keynote by Eric Trump is set to deliver its most compelling speaker lineup yet, gathering regional leaders from government, finance, media, tech, and culture in the heart of Asia’s financial capital. Following a sold-out debut in 2024, Bitcoin Asia returns to Hong Kong and its Convention and Exhibition Center on August 28-29, 2025 to showcase the depth and diversity of Asia’s growing Bitcoin movement—amplifying voices that are shaping policy, redefining capital markets, and building the decentralized future. Policymakers and Regulators Signal Growing Institutional Support With Hong Kong’s ambition to become a global digital asset hub, Bitcoin Asia is proud to welcome Dr. The Hon Johnny NG, Kit Chong MH, JP , Member of the HKSAR Legislative Council , a leading voice in advancing virtual asset policy. Dr. Eric Yip , Executive Director of the Hong Kong Securities and Futures Commission , brings invaluable insights into how Asia’s most important regulatory body is shaping compliant, secure frameworks for financial innovation. From across the border, Jeremy Tan , the first Bitcoin-aligned candidate in Singapore’s national elections , joins the stage to share his vision for digital sovereignty and electoral reform in Southeast Asia’s leading tech state. Bitcoin as Culture: Media, Music, and Meaning Asia’s Bitcoin scene isn’t just financial—it’s cultural. Bonnie Chang , creator of Bonnie Blockchain 邦妮區塊鏈 , commands the largest Chinese-language Bitcoin YouTube audience in the world. With over 330,000 subscribers, she makes Bitcoin accessible to millions seeking clarity in uncertain times. Chan Baek , Korean musician and music producer, explores Bitcoin through music and philosophy, weaving themes of sovereignty, neutrality, and freedom into his art and message. Michael Guo , founder of Bitcoin TV , leads one of the most influential Web3 content platforms in Asia, broadcasting daily across seven languages to over 50,000 viewers. A veteran of traditional media and a DAO governance pioneer, Guo bridges past and future in digital storytelling. Bitcoin Builders from Across the Region At the infrastructure layer, Jack Yang of LTP , and Stephen Duan , CTO of GOAT Network and former Baidu Blockchain co-founder, will explore technical innovations powering Bitcoin’s next chapter. Jademont Zheng , founder of Waterdrip Capital , and Jason Fang of Sora Ventures will unpack investment strategies driving institutional adoption across Asia, including “microstrategy” plays reshaping treasury models in Japan and Hong Kong. Representing the frontier of Bitcoin education, Jimmy Kostro of Bitcoin Chiang Mai will share his work with city governments and universities to create a pan-Asian Bitcoin learning network centered in Thailand. Japan’s Teruko Neriki , who launched Tokyo Bitcoin Base and translated foundational Bitcoin texts, will spotlight grassroots growth in Satoshi’s homeland. Corporate Bitcoin Strategy and the Asian Treasury Pivot Metaplanet , title sponsor of Bitcoin Asia, leads the charge in institutional Bitcoin adoption across the region. As the first public company in Japan to implement a Bitcoin treasury reserve strategy, Metaplanet is setting a precedent in a market traditionally known for financial conservatism. CEO Simon Gerovich will speak to the company’s bold vision—positioning Bitcoin not as a speculative asset, but as strategic money fueling a new era of conviction-led corporate finance. They’ll be joined by Moon Inc. (HKG:1723), the first publicly traded company on the Hong Kong Stock Exchange to add Bitcoin to its balance sheet. CEO John Riggins and Head of Bitcoin Strategy Jesse Myers will offer an inside look into the mechanics of institutional Bitcoin integration in the financial capital of Asia. Also on the roster is Ted Kim , CEO of K Wave Media , who will share plans for a newly announced $1B Bitcoin Strategic Reserve rollout in 2025 , reinforcing the region’s accelerating momentum behind sovereign balance sheet diversification. Visionaries Guiding the Future of Digital Property Rights Finally, Bitcoin Asia welcomes Yat Siu , Co-Founder and Executive Chairman of Animoca Brands , whose pioneering work in blockchain gaming and digital property rights has reshaped what ownership means in the open metaverse. With over 540 portfolio companies and deep conviction in decentralization, Yat represents Asia’s vision for an equitable digital future. For preliminary speaker lineup visit: asia.b.tc/speakers About The Bitcoin Conference The Bitcoin Conference, organised by BTC Media, the parent company of Bitcoin Magazine , is a global event series, featuring notable industry speakers, workshops, exhibitions, and entertainment. These events serve as vital platforms for Bitcoin industry leaders, developers, investors, and enthusiasts to gather, network, and exchange ideas. The flagship event took place in 2025 in Las Vegas. Bitcoin 2026 is announced to be held in Las Vegas in April 2026. Its international events include Bitcoin Asia (Hong Kong, August 2025), Bitcoin Amsterdam (Amsterdam, November 2025) and Bitcoin MENA (Abu Dhabi, December 2025). This post Bitcoin Asia 2025 Assembles Most Influential Voices in Hong Kong first appeared on BitcoinWorld and is written by Keshav Aggarwal
BitcoinWorld The 8th Edition of Cripto Latin Fest is Just Around the Corner! Medellín will be the epicenter of the crypto and financial ecosystem this August 21–22. The 8th edition of Cripto Latin Fest will take place on August 21 and 22, 2025, in the auditoriums of the Jardín Botánico of Medellín, further establishing the city as one of the leading hubs for the adoption and discussion of financial technologies in Latin America. This year’s event is proudly backed by Bitfinex, Startrader, and Bitunix as main sponsors, and Exness, Vantage, and Su Red as premium sponsors—reinforcing global interest in the development of the ecosystem in the region. The Cripto Latin Fest 2025 agenda is designed to offer a complete experience that combines learning, networking, and entertainment. Highlights include: The 3rd Trading Battle, featuring both forex and crypto categories, welcoming traders from different markets A Gamer Zone, tailored for the younger community and video game enthusiasts A Workshops Zone, offering hands-on training spaces for those looking to deepen their knowledge in blockchain, trading, and decentralized finance The event will feature renowned speakers who will share their vision and expertise, including: Mariel Lang Juan Rodríguez Santi Cripto Sofía Rincón Lorena Ortiz Will Hernández Additionally, as a prelude to the event, the Business Day will be held on August 20—an exclusive space to connect with industry leaders, explore opportunities, and strengthen strategic alliances in a more business-focused setting. Cripto Latin Fest 2025 promises to be the most important meeting point for traders, entrepreneurs, investors, developers, and enthusiasts of the crypto and financial world in the region. This post The 8th Edition of Cripto Latin Fest is Just Around the Corner! first appeared on BitcoinWorld and is written by Keshav Aggarwal
🚀 Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! President Trump is
Remitly plans to introduce stablecoin functionality to its global payment network, marking a big shift in how the remittance company enables international money transfers. The Seattle-based fintech, known for serving immigrants and overseas workers, aims to improve speed, reliability and cost efficiency for users in over 170 countries. The company announced Monday it will begin integrating stablecoins across three key areas of its business — value storage, treasury operations and global disbursements. Stablecoins are digital assets pegged to fiat currencies such as the US dollar and are designed to maintain price stability, making them attractive for payments in emerging markets. Stablecoin Payouts Coming to Remitly Transfers via Bridge Remitly’s first move is the launch of Remitly Wallet, a multi-currency digital wallet supporting both fiat and stablecoins. The product is currently in beta testing and is expected to go live in September. The wallet will allow users to store and use funds flexibly across borders, a feature the company says is especially useful in countries experiencing inflation or currency volatility. At the same time, Remitly is adding stablecoin payout options to its global transfer network through a partnership with Bridge, a stablecoin infrastructure provider owned by Stripe. We're so excited to be partnering with @remitly to power their stablecoin rails, enhancing the flexibility and reach of their global disbursement network! Read about the partnership here: https://t.co/7BIhoYh8K8 — Bridge (@Stablecoin) August 4, 2025 Starting in select markets this September, customers will be able to receive funds in stablecoins, routed directly from Remitly’s existing fiat system into supported wallets. USDC Now Part of Remitly’s Real-Time Treasury Operations The company’s fiat payment network already covers more than 170 countries. It supports various delivery methods, including bank transfers, mobile wallets and cash pickup at over 470,000 locations. Now, with the addition of stablecoins, Remitly aims to expand both the flexibility and reach of its services even further. Remitly is also integrating stablecoins like USDC into its internal treasury operations. By tokenizing portions of its US dollar reserves, the firm says it can move funds instantly across time zones and during weekends, reducing the need for pre-funded local currency pools and unlocking capital for more efficient liquidity management. The stablecoin rollout builds on Remitly’s early crypto involvement. In 2021, the company supported fiat off-ramps for platforms like Coinbase and Novi, helping users convert crypto assets into local currency. That experience laid the foundation for its current approach, which ties Web3 infrastructure to real-world financial needs. Stablecoins Positioned to Lower Global Transfer Costs The company says the move responds to evolving customer needs. At the same time, it reflects broader industry trends. According to the World Bank, global remittance fees average 6.26%. Stablecoins could significantly reduce these costs, especially in regions with weak or unreliable banking infrastructure. Meanwhile, Remitly notes growing demand among its users — freelancers, small businesses and families, for ways to preserve value and avoid the risks of local currency depreciation. Stablecoins, especially dollar-backed ones, offer a way to hold money in a form that resists local inflation while remaining liquid. By combining blockchain-based settlement with its licensed and compliant fiat network, Remitly is positioning itself at the intersection of traditional finance and digital assets. It hopes the move will strengthen user trust and widen access to cross-border financial tools. The post Payment Processor Remitly Plans Stablecoin Rollout for International Transfers appeared first on Cryptonews .
Last week, SEC Commissioner Paul Atkins quietly dropped what should have been the biggest headline in crypto this year: “Most crypto assets are not securities,” he said, in sharp contrast to the SEC’s long-standing position. The markets didn’t blink, but the implications are seismic. The following opinion editorial was written by Joseph Collement, Chief Legal
Bullish, a crypto exchange backed by billionaire venture capitalist Peter Thiel, is making significant strides toward its initial public offering (IPO), targeting a valuation of up to $4.23 billion. This move comes as the US experiences a shift in regulatory conditions under the pro-crypto administration of President Donald Trump. This shift is bolstered by supportive policies, such as the recently passed GENIUS Act , which paves the way for the United States to become the global hub for crypto. Stablecoin Conversion Strategy In its latest filing, Bullish announced plans to raise approximately $629.3 million by offering 20.3 million shares priced between $28 and $31 each. This marks the company’s second attempt to go public in four years, following a previous blank-check merger attempt in 2021 that was ultimately scrapped due to regulatory challenges. According to a recent Reuters report , at the upper end of its proposed price range, the crypto exchange’s valuation would represent a more than 52% discount to its earlier $9 billion target. Matt Kennedy, a senior strategist at Renaissance Capital, noted that during the IPO marketing process, bankers typically prefer to set conservative valuations initially, allowing for potential upward adjustments rather than risk overshooting and needing to lower prices. In its filing, Bullish also indicated plans to convert a significant portion of the IPO proceeds into US-dollar-denominated stablecoins, collaborating with one or more dollar-pegged cryptocurrency issuers to facilitate this transition. This strategy aligns with the growing momentum of digital assets, particularly following Circle Internet’s debut on the New York Stock Exchange (NYSE), where it now trades at over 400% of its initial IPO price at $164. Crypto Exchange Reports $349 Million Loss Amid IPO Plans Bullish is positioned as a crypto-trading platform primarily targeting institutional investors. The company is led by Thomas Farley, who previously held the role of president at the New York Stock Exchange. In addition to its exchange operations, Bullish also owns CoinDesk, a crypto news website that it acquired from Barry Silbert’s Digital Currency Group (DCG) back in 2023. Despite its ambitious plans, Bullish reported a $349 million loss for the quarter ending March 31, a stark contrast to the $105 million profit it posted the previous year. Per the report, the company aims to list on the NYSE under the ticker symbol “BLSH,” with JPMorgan, Jefferies, and Citigroup serving as lead underwriters for the initial public offering. This announcement follows a series of moves in the crypto sector, including Mike Novogratz’s Galaxy Digital, which began trading on the Nasdaq after relocating from the Toronto Stock Exchange, and Gemini, which recently filed confidentially for a US IPO. Featured image from DALL-E, chart from TradingView.com
Ryosei Akazawa, the head of Japan’s trade negotiating team, said he was leading his cavalry back to Washington starting today, August 5, to press for swift action on the auto tariff cut. Chief Cabinet Secretary Yoshimasa Hayashi also called for quicker issuance of Trump’s executive order to reduce auto tariffs from 27.5% to 15%. The Economic Revitalization Minister said his team “will push” the U.S. to ensure the executive order is prioritized and “the agreed tariff on automobiles and automotive components” is effected “as soon as possible.” Akazawa also mentioned that Japan was trying to avoid the “stacking” problem, where multiple tariffs could impact its goods. Last week, Prime Minister Ishiba said Japan exported nearly 4.318K products to the U.S. He added that his country was preparing necessary measures to cushion the effects of the high auto tariffs. Japan initially wanted those tariffs removed, but the U.S. stood its ground, leading Japan to agree to lower taxes. However, Akazawa was quoted last week saying it could take time for the 15% auto tariff rate to be effected. He hopes his team will succeed and seal the deal, similar to the auto tariff agreement recently entered into by the U.S. and Britain. Hayashi says the executive order will reduce uncertainty The Chief Cabinet Secretary recently said President Trump’s executive order to cut tariffs on Japanese automobile exports to the U.S. would reduce the uncertainty over “U.S. trade policy.” It would also mitigate the “downside risks” likely to affect Japan’s economy. If successful, the revised tariffs will be implemented from August 7. They were initially expected to take effect on August 1. Hayashi disclosed that Japan would continue to call on the U.S. to implement the revised bilateral agreement as soon as possible. He added that his country “will closely monitor” the progress on these talks on cars and auto parts. According to Hayashi and other Japanese officials, higher tariffs on Japanese cars dealt a massive blow to carmaking companies like Honda Motor Co. and Toyota Motor Corp . The U.S. market is critical for both companies’ bottom lines. “We will continue to call for the United States to take measures to implement the bilateral agreement swiftly, including reductions in tariffs on cars and auto parts.” – Yoshimasa Hayashi , Chief Cabinet Secretary of Japan Akazawa also emphasized that Japanese exports to the U.S. with a more than 15% levy should be exempted from the additional 15%. However, the head of the Democratic Party for the People, Yuichiro Tamaki, worried that the revised deal would not be enough to minimize the negative impact of tariffs on Japan’s economy. Noda believes the new deal should be formalized The head of the Constitutional Democratic Party of Japan, Yoshihiko Noda, preferred the U.S.-Japan trade deal to be formalized in writing. He added that the signing should be a public event, like a bilateral summit. The former Prime Minister also stressed the need for the Japanese government to “draw up” an economic stimulus package to address any “tariff fallout.” However, he pointed out that Prime Minister Ishiba had not mentioned a supplementary budget for the 2025/26 fiscal year. Ishiba recently urged officials who attended a government task force meeting to “take all possible steps” to ease the impact of Trump’s tariffs. He claimed that the country’s economists had predicted things would be slow in the “export-driven economy.” However, just a day after the U.S.-Japan deal, the U.S. announced that Japan would buy $8 billion worth of U.S. farm and food products, such as bioethanol, fertilizers, corn, and soybeans. It also said Japan would buy more U.S.-made defense equipment worth billions of dollars annually. The Asian U.S. ally is also expected to buy about 100 Boeing planes. Get seen where it counts. Advertise in Cryptopolitan Research and reach crypto’s sharpest investors and builders.
BitcoinWorld Tower Ecosystem: Animoca Brands Unveils Powerful TOWER Token Buybacks Exciting news has rippled through the Web3 gaming community! Animoca Brands, a leading force in blockchain entertainment, recently announced significant backing for its pioneering Tower Ecosystem . This strategic move, confirmed by Chairman Yat Siu, signals a robust commitment to the future of decentralized gaming and a clear vote of confidence in its long-term potential. Why is Animoca Brands Offering Strong Animoca Brands Support ? Animoca Brands’ commitment to the Tower Ecosystem isn’t just a casual endorsement; it’s a profound statement about the future of Web3 gaming. Chairman Yat Siu’s announcement on X highlighted the company’s initiation of public backing, starting with strategic TOWER token buybacks . This action underscores a deep belief in building sustainable, on-chain economies. The Tower Ecosystem stands out as one of Animoca’s earliest and most community-centric Web3 gaming initiatives . Notably, it launched without traditional investor allocations, emphasizing a grassroots approach. This unique origin story strengthens Animoca’s dedication to its success and its community-first philosophy. This public backing demonstrates several key benefits: Increased Confidence: It sends a strong signal of stability and belief in the project’s longevity to the wider market. Ecosystem Development: Funds from buybacks can be reinvested into further development, marketing, and community growth within the Tower Ecosystem . Community Empowerment: It reinforces the project’s original ethos of being built for and by the community, rather than for early investors. Understanding the Impact of TOWER Token Buybacks The decision to conduct TOWER token buybacks serves multiple purposes. Firstly, it injects direct capital and confidence into the Tower Ecosystem , demonstrating a tangible commitment from Animoca Brands. Buybacks typically reduce the circulating supply of a token, which can positively influence its value by creating scarcity and increasing demand. Indeed, the market has already reacted positively. Following the announcement, the TOWER token saw a remarkable surge. As of the latest data from CoinMarketCap, TOWER was trading at $0.0007679, reflecting a significant 60.69% increase in just one day. This immediate price action highlights investor and community confidence in Animoca’s strategic backing and the intrinsic value of the TOWER token within the ecosystem. For current and prospective holders, these buybacks mean: Potential Price Stability: Reduced supply can help stabilize or increase the token’s price over time. Enhanced Utility: A stronger token value can lead to more robust in-game economies and increased utility for the TOWER token across various games within the ecosystem. Long-Term Vision: It signifies a long-term commitment from Animoca Brands to nurture and grow the Tower Ecosystem . The Vision Behind Pioneering Web3 Gaming Initiatives Animoca Brands has consistently championed the transformative potential of Web3 gaming initiatives . They envision a future where players truly own their in-game assets, have a voice in governance, and participate in the economic success of the games they love. The Tower Ecosystem embodies this vision by seamlessly blending Free-to-Play (F2P) mechanics with innovative Play-to-Earn gaming elements. Yat Siu emphasized that Web3 gaming is crucial for building robust on-chain economies. These economies empower players, fostering vibrant communities and creating new opportunities for value creation that go beyond traditional gaming models. Animoca’s continued investment in projects like the Tower Ecosystem reinforces their leadership in this evolving space, tackling challenges such as player retention and sustainable economic models head-on. The F2P to P2E model allows players to: Start Playing Freely: Lowering the barrier to entry for new users. Earn Rewards: Gaining TOWER tokens or other digital assets through gameplay. Participate in Governance: Potentially influencing the future direction of the games. What Does This Mean for the Future of Play-to-Earn Gaming ? For enthusiasts and participants in Play-to-Earn gaming , Animoca Brands’ latest move offers significant reassurance and optimism. The public backing and token buybacks provide a strong foundation, potentially leading to increased liquidity, enhanced token utility, and greater development resources for the Tower Ecosystem . This move is an actionable insight for other projects looking to build sustainable models. This strategic support can attract more players and developers, fostering a healthier and more vibrant ecosystem. It sets a precedent for how established Web3 companies can nurture their foundational projects, ultimately benefiting the entire blockchain gaming landscape. It signals that even in a fluctuating market, core, community-driven projects like the Tower Ecosystem remain a priority. Animoca Brands’ decisive action to back the Tower Ecosystem with TOWER token buybacks marks a pivotal moment. It not only bolsters a key project but also reaffirms the company’s unwavering belief in the power of Web3 gaming and its ability to forge truly decentralized, player-owned economies. This move is a clear signal of long-term commitment and a bright future for the Tower Ecosystem and beyond. Frequently Asked Questions (FAQs) Q1: What is the Tower Ecosystem? The Tower Ecosystem is a blockchain gaming initiative developed by Animoca Brands that connects Free-to-Play (F2P) gaming with Play-to-Earn (P2E) elements, allowing players to earn rewards and own in-game assets. Q2: Why is Animoca Brands buying back TOWER tokens? Animoca Brands is initiating TOWER token buybacks to publicly back and support the Tower Ecosystem . This move aims to strengthen the token’s value, demonstrate long-term commitment, and foster a more robust on-chain economy. Q3: How have the TOWER token buybacks impacted the token’s price? Following the announcement, the TOWER token experienced a significant price surge, increasing by 60.69% within a day, according to CoinMarketCap data, reflecting strong market confidence. Q4: What is the significance of the Tower Ecosystem launching without investor allocations? Launching without investor allocations means the Tower Ecosystem was built with a strong community focus from the outset. This reinforces Animoca Brands’ commitment to a grassroots, player-centric approach in its Web3 gaming initiatives . Q5: How does this move benefit Play-to-Earn gaming generally? This strategic support from a major player like Animoca Brands validates the Play-to-Earn gaming model. It can attract more players and developers, leading to increased liquidity, enhanced token utility, and a healthier overall blockchain gaming landscape. Did you find this article insightful? Share it with your friends and fellow crypto enthusiasts on social media to spread the word about Animoca Brands’ powerful support for the Tower Ecosystem ! To learn more about the latest Web3 gaming trends , explore our article on key developments shaping blockchain gaming innovation . This post Tower Ecosystem: Animoca Brands Unveils Powerful TOWER Token Buybacks first appeared on BitcoinWorld and is written by Editorial Team
SEC raises Bitcoin ETF options limit from 25,000 to 250,000 contracts. This enables larger strategies for institutional investors with reduced product volatility. Continue Reading: SEC Boosts Bitcoin ETF Options with New Position Limit Increase The post SEC Boosts Bitcoin ETF Options with New Position Limit Increase appeared first on COINTURK NEWS .