Shiba Inu is now the ninth most valuable cryptocurrency after overtaking rival Dogecoin in recent days. Currently, Shiba Inu (SHIB) is worth $38.6 billion and has a lot of catching up to do if it were to overtake Polkadot in value at around $50 billion. But if you think Shiba Inu could rise in value […]
Category: STO News
Investing In Reef Finance (REEF) – Everything You Need to Know
Reef Finance (REEF) combines a custom-built blockchain, smart contract programmability, DeFi capabilities, and a new cryptocurrency to create an entirely new DeFi experience for users. The network seeks to provide DeFi investors with a one-stop shop for all decentralized services. As such, the Reef Chain ecosystem continues to expand. Here’s everything you need to know […]
Should I buy Loopring(LRC) after surging more than 90%?
The Loopring price spiked more than 90% over the last 24 hours. The LRC: USD opened at about $0.600 before rallying to trade at $1.175 as of this writing. Its market cap has now crossed the $1.32 billion mark. On Monday, Loopring (LRC:USD) rallied more than 90% after the Office of the Comptroller of the […]
Meme Stocks Or Tokens? Why Dog Coins Won’t Be The Next GME
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. With the recent rise in SHIB and DOGE, some retail investors may be hoping there are some similarities with these dog tokens and meme stocks such as GME and AMC. This is understandable that […]
Cream Finance Offers the Attacker 10% of Stolen Fund as Bug Bounty on Return of Funds
In its post mortem of the third hack of this year, this time of $130 million, Cream Finance shared that they are working with the authorities to trace the attacker. In the hack, only the Ethereum v1 markets were impacted, and all the other v1 markets and the Iron Bank were safe, it added. The […]
Is DENT Coin a Good Investment?
The cryptocurrency market is filled with many cryptocurrencies, and while most new traders focus on the coins listed in the top 50 list, there are other coins ranking low in market capitalisation that also make worthy investments. Unlike many traders believe, some cryptocurrencies that rank below the top 100 list have actual use cases, making […]
Ether’s New Highs Driven by Rising Inflation Can Be A Starting Point of An “Accelerating Rally,” says Goldman Sachs
Crypto assets have been trading in line with inflation breakeven since 2019, said Goldman Sachs in a recent note to its investors. Much like all the assets, inflation is driving the crypto market upwards, wrote the bank’s Global Markets managing director Bernhard Rzymelka. And if the inflation pressures continue to persist, crypto assets will keep […]
EX Sports Launches Digital Sports Collectibles Platform to Trade Athlete NFTs
Athletes from lesser-known and lesser-hyped sports leagues could soon get a piece of the NFT cake thanks to the new platform being launched by EX Sports. The Singapore-based start-up recently announced an Ethereum-based NFT platform dubbed ‘EX Sport’ that supports collecting and trading NFTs from different sports worldwide. The project seeks to bridge the wide […]
Squid Game token crashes after Twitter flags its account
After a sudden surge towards the end of last week and early Monday morning that saw its price get above $2,800 despite multiple scam warnings, Squid Game Token (SQUID) has finally taken a bow. Twitter was responsible for nailing the last nail to the coffin by flagging the coin’s Twitter account which sent the token’s […]
BIS Report: CBDCs Could Make Nationwide “Bank Runs” Easier
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Countries are increasingly adopting digital iterations of fiat currencies (CBDCs and stablecoins) to address weaknesses in their financial systems. However, a report by the Bank for International Settlements (BIS) claims digital currencies are not […]