Binance to list Scroll token ahead of official launch

Bitcoin (BTC) and cryptocurrency exchange Binance is preparing to list Scroll (SCR), the native token of the Ethereum layer 2 network also called Scroll, ahead of its official launch. This move will allow users to participate in pre-launch trading. The Scroll token, whose total supply reaches 1 billion SCR, will be included in the Binance … Read more

Cryptocurrency airdrops are securities for SEC, lawmakers demand explanation

Key facts: For Gensler, airdropping is like giving away shares in a company. Lawmakers call for clarity from SEC on how it regulates crypto assets. The U.S. Securities and Exchange Commission (SEC) has made it clear that it considers cryptocurrency airdrops to be securities offerings and that companies distributing them could therefore be subject to … Read more

WalletConnect to launch native token alongside airdrop of 185 million units

WalletConnect announced the launch of its token native, WCT, and reported that the utility of this cryptocurrency will be the payment of network fees, as well as the distribution of rewards staking and governance. Additionally, the company announced that it will make a airdrop of 185 million WCT. The WCT cryptocurrency will be based on … Read more