Cardano has been one of the top-performing cryptocurrencies this year, going from $0.16 on January 1st, 2021, to $2.84 at the time of writing, August 30th. However, most in the crypto community believe that this is only scratching the surface of its potential. In fact, a lot of people expect Cardano to skyrocket over the next […]
Category: STO News
Canada’s Security Regulator Prohibits Regulated Crypto Exchanges from Trading in Tether (USDT)
The Ontario Securities Commission (OSC) has put the dominant stablecoin Tether (USDT) in its prohibited crypto assets list while allowing cryptocurrency exchanges to trade in Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), and Litecoin (LTC). This was disclosed in the regulatory documents regarding the exemptive relief applications in multiple jurisdictions for crypto exchange Coinberry Limited […]
Investors Turn to Ether Competitors, Solana’s SOL Hits 3-Digits to Mark A New ATH
Solana (SOL) has finally hit three digits to make a new all-time high while the rest of the crypto market is slow to move, with NFTs dominating the limelight and FOMO. Late on Sunday, SOL surged past $100 to be worth more than $29 billion in market capitalization to become the 8th largest cryptocurrency, trumping […]
Cream Finance Exploited Yet Again, Hacker Stealing $18.8 Million in Ether and AMP
Another day, yet another decentralized finance (DeFi) hack. This time Cream Finance has been exploited for $18.8 million. Founded by Taiwan Taiwan entertainment star Jeffrey Huang, Cream Finance is a decentralized lending protocol operating on Ethereum, Binance Smart Chain (BSC), and Fantom. Cream offers a wide range of tokens on its money markets, including stablecoins, […]
Comparing BTC’s Performance to Firms with Crypto-Heavy Business Models
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Managing financial risk comes in many forms. One of them is buying company shares that are driven by digital assets. Bitcoin is the primary driver behind them, ousting physical gold in the process. When […]
Golden State Warrior’s Stephen Curry’s New Avatar is a Bored Ape Bought via FTX for 55 ETH
NBA Champion Stephen Curry has entered the world of non-fungible tokens (NFTs) through Bored Ape Yacht Club. On Saturday, Justin Taylor, Head of Consumer Product Marketing at Twitter, whose Twitter profile is also a Bored Ape, welcomed Stephen to the fam, adding, “now he’s posting selfies in the BoredApeYC discord!” Not only has the two-time […]
Microsoft Wins US Patent for Creating Crypto Token Service
Leading American tech corporation Microsoft has been granted a blockchain-related patent to introduce ledger-independent token services. The patent was issued by the United States Patent and Trademark Office (USPTO). Microsoft Aims To Solve Interoperability Issues The patent will enable Microsoft to build a system that facilitates the creation and management of tokens across multiple blockchain […]
Japan’s Biggest Brokerage Offers Corn and Other Dishes for Crypto Tokens
An affiliate of Japan’s biggest brokerage Nomura Holdings Inc. has started offering subscriptions to a luxurious Italian food delivery service. As per this, customers can use the tradeable crypto tokens to buy and trade dishes as their value fluctuates. The firm started selling the security tokens this week for four high-end food parcels a year […]
The Crypto Evolution Continues as DeFi and NFTS Meet and Merge
The cryptocurrency industry has had numerous trends over the last 12 and a half years of its existence, but out of all of them, only a handful was powerful enough to stick around. Among them are the two most popular and dominant trends of the last two years — the decentralized finance (DeFi) sector, and […]
VC Firm a16z Delegates Majority of its Governance Rights in DeFi Protocols
Venture Capitalist a16z has delegated the majority of its governance rights in decentralized finance (DeFi) protocols, said the firm this week. In its transparency report, Jeff Amico, a partner on its crypto team shared the details of the program and said it will open source all of its component parts. “Unlike traditional companies, protocols are […]
