Tracking ownership of private securities can be a cumbersome process. Reinvested dividends, employee stock option plans, share issues and other events that affect the capital structure of a fund can significantly increase the challenges around record-keeping. Further, making markets for private securities can be quite challenging. Since accredited investors are only able to trade with […]
Category: STO News
SEC Sues now-Defunct BitConnect Founder for $2 Billion Fraud Conducted in 2017-18
The US Securities and Exchange Commission (SEC) has sued the founder of now-defunct cryptocurrency exchange BitConnect over its alleged role in fraudulently raising about $2 billion from thousands of retail investors from early 2017 through January 2018 without properly registering with regulators. Founded in 2016, BitConnect launched a digital token called BitConnect Coin that can […]
Binance.US and FTX.US Reveal Strategic Plans as US Crypto Market 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. FTX.US, the US affiliate of the crypto derivatives exchange FTX, has unveiled its acquisition of Ledger Holdings Inc, the parent company of LedgerX LLC for an undisclosed sum. In addition, Binance.US targets an initial […]
Ethereum Above $3,700 for the First Time Since Mid-May: Where is it Going Next?
Ethereum has been growing strongly since the start of the week, August 30th. By late Wednesday, September 1st, the coin finally managed to return above $3,700 for the first time since mid-May, although back then, it was at this level as its price was crashing down from a new all-time high at $4,362. This time, […]
Investing In Arweave (AR) – Everything You Need to Know
Arweave (AR) operates as a next-gen decentralized storage network. The platform creates a secure and globally accessible permanent information storage network. The goal of the project is to create a more long-term version of the internet and reduce developer restrictions. Users and developers can archive sites and sources forever using the platform. As such, the […]
SEC Chief: About ‘Half of Our Markets’ Go to Dark Pools
Neither the author, Kai Morris, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. SEC Chairman Gary Gensler attended the European Parliament ECON Committee meeting on Wednesday, where he answered questions about FinTech and monetary affairs. Within his discussion, he highlighted issues regarding stock trading and dark pools, […]
Crypto Companies Raising Capital, Working with Regulators, and Building Cash Reserves for Prolonged Downtrend
Amidst the increasing regulatory scrutiny over the cryptocurrency industry, UK-based crypto exchange Coinpass said it had received approval from Britain’s Financial Conduct Authority (FCA) to operate in the country as a crypto asset company. “We’re exceptionally pleased to be among one of the first UK-based cryptocurrency Trading Exchanges for retail investors and businesses to be […]
Where to buy Dogecoin 2.0: 286% surge for DOGE2
Dogecoin 2.0 is the unofficial successor to Dogecoin and has nearly quadrupled in value overnight Dogecoin 2.0 (DOGE2) has rallied by an impressive 286% today, comfortably outstripping the comparatively meagre gains of its namesake, Dogecoin (DOGE). These gains have made Dogecoin 2.0 one of the crypto market’s biggest gainers today, and hordes of traders are […]
Ethereum is “Amazingly Positioned to Be A Central Part” of the Metaverse: Co-Founder Vitalik Buterin
“I hope that doge can switch to PoS soon, perhaps using ethereum code,” said Ethereum co-founder Vitalik Buterin in response to Three Arrows Capital CEO and co-founder Su Zhu’s question about promising ideas for Ethereum / DOGE cooperation. Zhu also asked Buterin what made him interested in the popular meme coin, which has the support […]
What Made Solana Outperform Ethereum By Over 500%?
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Popular for its speed and potentially comparable functionality to Ethereum, Solana is a rising blockchain star having increased by nearly 300% in the last month. Is Solana a serious future competitor to Ethereum, or […]