Ethereum scaling startup Polygon has recently announced a $400 million acquisition of zero-knowledge (ZK) startup Mir. The new deal is part of the company’s journey in scaling Ethereum and ushering in a new era of Web 3.0. According to Polygon, the company will gain access to the world’s fastest ZK scaling technology. They believe that […]
Category: STO News
Now Evergrande Has Collapsed, What’s Next For China’s Housing Market?
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Evergrande, China’s most indebted property developer with around $300 billion in liabilities, missed a crucial repayment deadline this week. According to Fitch Ratings, the firm did not confirm payment of its latest debt obligation, […]
Polygon Acquires Mir Protocol Developer for 190 Million MATIC & $100 Mln USDC
Polygon is acquiring the startup Predicate Labs, the developer of the Mir blockchain protocol, for $500 million. The project will pay $100 million worth of USDC stablecoins and 190 million MATIC tokens, equivalent to just over $400 million at current prices. These MATIC tokens will have a vesting period of three years. MATIC is a […]
Daily Exchange Volume Back Above $50 Bln, ByBit Reports 77% Increase in Users while KuCoin’s Surpass 10 Million
Ever since early November, when the total crypto market cap surpassed $3 trillion for the first time, digital assets have been experiencing a drawdown, save for some exceptions. But while price action isn’t looking enticing, there is no lack of interest in the sector, and money is still flowing in. The largest cryptocurrency exchange Binance […]
Craig Wright Ordered to Pay $100 Million — Just 0.2% Of Plaintiff’s Claim
Neither the author, Kingsley Alo, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. A US jury has ordered Craig Wright, an Australian computer scientist, to pay $100 million in damages on Monday to the family of the late David Kleinman. Wright, who claims to be Satoshi Nakamoto, […]
Market highlights December 10: Crypto market decidedly bearish, Tesla tumbles on autopilot investigation
The crypto market was lower over the past 24 hours. The majority of cryptos were in the red at time of writing. US markets today may be impacted by inflation data, to be released at 12:30 GMT. Tesla lost 6.10% yesterday as the US National Highway Traffic Safety Administration (NHTSA) said it was investigating the […]
Why did Contentos (COS) price shoot up on Thursday night?
The price of Contentos (COS) shot up by over 30% yesterday (Thursday) night propelling its price from slightly above $0.26 to a high of $0.03381 in four hours. The price has, however, dipped by about 8% to about $0.02638 in the early hours of Friday morning. If you are entering the market now, you will […]
Pika is trending today, up 15%: You can now buy PIKA, here’s where
The live Pika price today is $1.98e-7. Pika is up 15.24% in the last 24 hours. Read on to find out what PIKA is and where you can buy it now. Top places to buy PIKA now As PIKA is such a new asset, it’s yet to be listed on major exchanges. You can still […]
Investing in Badger DAO (BADGER) – Everything You Need to Know
The Badger DAO (BADGER) project operates as a decentralized autonomous organization (DAO) that focuses on enabling Bitcoiners to take advantage of DeFi (decentralized finance) features and services. Enabling Bitcoiners to stake, farm, and P2P (peer-to-peer) lend out their crypto provides advantages for the entire sector. As such, the Badger DAO (BADGER) has seen rapid adoption. […]
The Sandbox Parent Company Animoca Brands Reports a 5x Jump in Treasury Funds in Just 2 Months
Animoca Brands released the financial updates for the first nine months of 2021, reporting growth of $529.6 million in income while its booking increased to $140 million. It currently holds a cash balance of nearly $36 million. Additionally, the company holds more than $600 million in liquid digital assets, including $112.1 million in Bitcoin, Ether, […]
