Here is what we are covering today:
🔥Bored Ape Yacht Club lists its token - ApeCoin
🔥Paxful is handing out 500 tickets to the Bitcoin conference
🔥Coinbase is accused of selling 79 unregistered cryptocurrencies
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🔥Bored Ape Yacht Club lists its token - ApeCoin
Officially, the NFT collection Bored Ape Yacht Club creates its token base on Ethereum!
Although the tokens will be provided only to Bored Ape and Mutant Ape owners, they can be sold and anyone wishing to invest in ApeCoin. About 1 billion tokens will be created, and about 30% are currently in circulation.
Interestingly, ApeCoin was not created by Yuga Labs - the team behind Bored Apes. The token is part of the ApeCoin DAO, which will help make decisions for the future.
Anyone who owns NFTs from the collections can fill out a token application token on the official ApeCoin website.
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🔥Paxful is handing out 500 tickets to the Bitcoin conference
Paxful, a digital payment company, has taken by heart the idea to spread crypto. The business has partnered with Miami Mayor Francis Suarez to hand out 500 tickets to the Bitcoin conference in Miami. The event will take place between April 6-9 and among the speakers are crypto advocates like Michael Sailor, Naib Bukele, and Senator Cynthia Loomis.
The tickets will be distributed to local students and residents who will be able to attend the event to gain knowledge of the new asset class.
🔥Coinbase is accused of selling 79 unregistered cryptocurrencies
Coinbase users have accused the company of selling unregistered securities and are seeking $5 million as a refund. The long list of over 70 tokens includes cryptocurrencies like Dogecoin, Solana, Cardano, Chainlink, Polygon, and Shiba Inu.
Consumers say that Coinbase sells securities and in doing to must be registered in front of the SEC. The users claim that the crypto exchange should compensate all of the users who suffered from losses while trading.
Many believe that the new legislation passed by President Biden will bring clarity to the industry. The law is expected to organize and regulate crypto properly.