Galaxy Digital is in the process of acquiring BitGo for $1.2 billion, which would be settled in stock and cash Galaxy Digital, the firm owned by popular investor Mike Novogratz, is set to acquire BitGo, a leading independent digital assets infrastructure provider. The deal is worth roughly $1.2 billion and will be paid in both […]
Category: STO News
Uniswap V3 Goes Live – What’s the Larger Impact on DeFi?
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Uniswap, leading in the decentralized exchange market, has officially launched the third version of its platform. This is big news for DeFi as Uniswap is currently valued as the largest DEX in the industry, […]
Investing in Bancor – Everything You Need to Know
What is Bancor (BNT)? Established in 2016, Bancor, an on-chain liquidity protocol enabling automated, decentralized exchange on Ethereum blockchain, was founded by Eyal Hertzog, Galia Benartzi, Guy Ben-Artzi, and Yudi Levi. Headquartered in Zug, Switzerland, Bancor protocol is a trademarked system for Smart Token creation. Smart tokens are cryptocurrencies that have built-in convertibility directly through […]
The UFC Partners with Chiliz to Introduce a Fan Engagement Token on Socios
The leading mixed martial arts firm, Ultimate Fighting Competition, popular as UFC, is partnering with the social token app, Chiliz (CHZ) to provide fans with exclusive products and rewards. In a statement made on Tuesday, the MMA organization token, $UFC Fan Token, will be launched on Socios.com, a fan engagement and rewards mobile app. The […]
WallStreetBets Launches Blockchain-Powered Exchange Traded Portfolios, Ran Through A DAO
Popular Reddit community WallStreetBets has announced a new product launch dubbed WSB DApp. The group plans to create a blockchain-based app aimed at combating market manipulation in traditional finance. WallStreetBets Introduces WSB DApp This will see the largely pseudonymous WallStreetBets group move into the world of decentralization and blockchain-based finance. The initiative would be run […]
Filecoin (FIL) Launches Free Decentralized Storage Solution for NFT Markets
Released Tuesday, NFT.Storage, a decentralized file storing system, will allow developers and collectors to ‘protect their non-fungible token (NFT) assets.’ According to the statement, the platform lets developers and NFT holders store their assets on the Inter-Planetary File System (IPFS) via Filecoin to ensure NFTs last for the long term. The solution is a service […]
JPMorgan’s Jamie Dimon Still Has ‘No Interest’ in Bitcoin Despite Growing Adoption
Institutional demand has played a critical role in the surge of cryptocurrencies in the past year, with many tech companies and large banks planning to custody virtual currencies. But despite what many may call a significant victory for the nascent technology, critics still abound, with some openly declaring they cannot support the idea of digital […]
Another Bitcoin Bullrun Could Be Triggered as Smaller Banks Embrace Crypto
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. In the wake of crypto exchanges encroaching into banking territory, smaller banks seek to enroll in NYDIG’s crypto custody program. FIS, the global leader in payments integration will make it a reality. In turn, […]
SEC Moves To Expunge XRP Holders From Ongoing Ripple Lawsuit With Latest Filing
The US Securities and Exchange Commission’s ongoing lawsuit against blockchain firm Ripple Labs and its executives has taken a new twist. SEC Files Opposition To Motion To Intervene In a recent release, the agency filed a motion to stop XRP holders from intervening in the ongoing lawsuit. The filing termed the “Memorandum of Law in […]
Raydium (RAY) Alone Accounts for Nearly 90% of Solana Ecosystem’s TVL
Thanks to its low fees and fast transactions, Solana blockchain is gaining traction and trying to level up with Ethereum and BSC. While the tokens like STEP, SRM, and FIDA are driving the growth of the ecosystem, it is Raydium (RAY) which is accounting for much of the total value locked (TVL) in Solana (SOL). […]
