Tether Puts the Past Behind Them by Paying $41M to CFTC for Not Having All of Its Reserves in Cash

The US Commodity Futures Trading Commission (CFTC) announced that it has settled charges against Tether for “making untrue or misleading statements and omissions of material fact in connection with the U.S. dollar tether token (USDT) stablecoin.” Tether will pay a $41 million penalty for what the company says is “putting the past behind us so […]

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Fortnite Developer Epic Games ‘Welcomes’ Crypto and NFT Games After Steam’s Ban

Steam, a video game digital distribution service, is no longer allowing blockchain-based games that involve non-fungible tokens (NFT) and cryptocurrency. “Applications built on blockchain technology that issue or allow exchange of cryptocurrencies or NFTs,” are specified under the category “what you shouldn’t publish on Steam” on Steamworks’ onboarding page. The rule has been added this […]

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$7.1 Trillion of Stocks Tied Up with Crypto Markets And Web3 Heats Up

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Analysis by Morgan Stanley Capital International (MSCI) reveals that at least 52 companies representing over $7 trillion in market capitalization have some form of crypto exposure. The analysis noted that crypto is steadily “creeping” […]

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The NFT Gold Rush Is In Full Swing: Who Will Rule The Metaverse?

Neither the author, Jack Pearson, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The new wave sweeping across the crypto eco-system has seen more renowned companies make moves into Non-fungible Tokens (NFTs). Tik Tok, Coinbase, Visa, and Sotheby’s are some of the latest firms to announce they […]

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Crypto Energy Settlements: Putin Says There Is Value In Bitcoin

Neither the author, Jack Pearson, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Russian President, Vladimir Putin, has claimed in response to a question about cryptocurrencies, that digital assets are not ready for energy industry settlements. The proposal would mean replacing the US dollar as the world’s […]

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