The Fantom Foundation is working with one of Tajikistan’s oldest and biggest banks, Orienbank, to build a Central Bank Digital Currency (CBDC) for the Republic of Tajikistan. For the creation of E-SOM, the digitized version of the Tajikistani Somoni, the Foundation has signed a Memorandum of Understanding (MoU) with the bank. Working with the National […]
Category: STO News
3 Highly Ranking DeFi Projects in 2021 – Don’t Miss out on the Possible Gains
Decentralized finance (DeFi) is a major game-changer in the cryptocurrency sector. Following the rapid boom of DeFi this year, many projects have sprouted, with some even overtaking projects that have been in the industry for many years. Decentralized finance micks the traditional financial system, only that in this case, there are no intermediaries such as […]
Cardano’s Investment Arm, EMURGO, Commits $100 Million to Ramp Up DeFi Integration
The Cardano ecosystem has been making significant waves since the launch of smart contracts on the blockchain. With new functionality and demand already ramping up, the blockchain’s developers are now looking to expand into more novel spaces. All Out for DeFi Earlier this week, EMURGO – the commercial arm of the Cardano Foundation – announced […]
Analyst Says Chainlink (LINK) is Very Undervalued – Will LINK Bounce Back?
Investing in the crypto space is all about finding the right entry and exit positions. The right entry position is when the prices of a cryptocurrency are low, and the only way forward is for an uptrend. However, analysts also conduct various price analysis that shows when a coin has been overvalued and undervalued. When […]
Fintech Revolut Is Launching its Own Token, Which Will Be Earned By Users
Fintech company Revolut that offers cryptocurrency buying, selling, and trading, is now exploring launching its very own cryptocurrency token. About three months back, the UK-based neo bank raised $800 million in funding at a valuation of $33 billion. Revolut has more than 16 million customers and sees over 150 million transactions per month. Revolut offers […]
Facebook Says Metaverse in 15 years – But Some Say it’s Already Here
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Facebook has dedicated a $50 million fund to developing the metaverse. While the fund is allocated for exploring and researching the product for two years, the social media giant does not expect the virtual […]
Miami Mayor Luring Crypto Miners With “Very Inexpensive” Nuclear Power
In another step towards making Miami a Bitcoin hub, Mayor Francis Suarez is now pitching a local nuclear power giant to cryptocurrency miners. Talking to the Wall Street Journal, Suarez said that concerns around Bitcoin’s environmental impact “come from the fact that a lot of the mining was being done in coal-producing countries.” Meanwhile, nuclear […]
Gravitoken’s enters Coinmarketcap’s top 5 gainer’s list after latest rally
The cryptocurrency space has been in a bearish trend recently, but some coins defied the odds and outperformed. The cryptocurrency market has been stuck in a bearish cycle for the past few weeks. Bitcoin has struggled to reach the $50k mark while the $4k level continues to elude Ether. While most of the leading cryptocurrencies […]
Facebook to Launch Virtual Metaverse With A $50 Million Capital Injection
Social media giant Facebook is known to have its hand in different upcoming industries. With the company still working on launching its stablecoin, it appears to now be turning its attention to the virtual world. Earlier this week, the Silicon Valley giant announced that it would be launching a fund to help launch a virtual […]
WOO seals partnership with Fantom: where to buy Woo Network
The Woo Network token has recorded an impressive trading volume of $92,594,915 in the past 24 hours. The WOO token is up by 9% after it managed to secure a partnership deal with the Fantom network. The WOO coin could 2X or 5X if the current price rise continues in the future. The trading volume […]