Korea’s Oldest Bank to Use Hedera Network for Testing KRW-Stablecoin in Cross-Border Remittances

Shinhan Bank, Korea’s oldest bank, has announced the completion of a proof-of-concept leveraging stablecoins and focused on international remittances. The PoC is built on the Hedera Network, the enterprise-grade public ledger for the decentralized economy. This partnership pushed the price of Hedera’s native token HBAR up 10% to $0.36. The $6.5 billion market cap coin […]

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Loopring Video Demonstrates How To Eliminate ETH Gas Fees

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. As of now, the average transaction fee on Ethereum is around $47, making the network very expensive for small transactions. To tackle this issue, Vitalik Buterin recently put forward a new Ethereum Improvement Proposal, […]

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Investing In Request (REQ) – Everything You Need to Know

Request (REQ) is a decentralized network and cryptocurrency that empowers users to send virtual payment requests. The protocol provides a streamlined way for companies to invoice clientele while leveraging the immutable nature of blockchain technology. Its combination of features and services has helped the network to see increased adoption. The Request network has grown considerably […]

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There Are Fewer Crypto Criminals Now, But Higher Volumes For Those Remaining

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The latest report from Chainalysis paints a picture of where the illicit crypto funds are going and by how much. Ransomware takes the top spot for scams this year, while criminal transactions have taken […]

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China Creates Own NFTs, Continuing Trend of “Borrowing” Western Tech

Neither the author, Kingsley Alo, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The People’s Republic of China has revealed intentions to introduce its version of NFTs, albeit an uninteresting variety. The news comes after the  South China Morning Post, recently published a white paper. The document […]

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