A trio of Swiss-based crypto-friendly banks has announced plans to offer regulated tokenized assets using the Tezos blockchain. The banks are Crypto Finance, InCore Bank, and Inacta. Regulated Trio Team Up with Tezos to Create Tokenized Assets Tezos was chosen because of its unique blockchain. The network is self-upgrading, which enables the activation of essential […]
Category: STO News
NFT Summer: Art Blocks Leads the NFT Mania This Week while an EtherRock Is Now Worth Over $1 Million
The euphoria around non-fungible tokens clearly states that this summer is all about NFTs. This week, payment processor giant Visa also announced its entry into the NFT space by buying CryptoPunk for $150,000. Late on Monday, Cuy Sheffield, Head of Crypto at Visa, tweeted that “NFTs represent the intersection of culture and commerce and could […]
$20M Worth of CryptoPunks Bought in First Hour After Visa’s NFT Purchase
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Visa has jumped into the NFT craze, acquiring an original NFT as part of its plan to learn more about this emerging market. The giant payments technology firm has purchased a CryptoPunk for 49.5 […]
Cryptocurrency not protected by law says Chinese Court
The plaintiff lost over $10,000 in 2018 amidst the Chinese Central Bank’s ban on financial institutions supporting crypto transactions The High Court of China’s Northern Shandong province has publicly stated that investments in digital assets like cryptocurrencies are not protected by the law. The comment was made while the bench was reviewing the decision of […]
As Tech Stocks & Evergrande Group Flop, is China Facing a Financial Crisis?
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. China and the US, both having highly centralized economies, also hold striking uniformity in generating financial crises. While America put the submortgage crisis in the rearview mirror, China seems to potentially be heading for […]
Financial Industry Is Witnessing A Seismic Shift in Adoption of Crypto Assets; Could Replace Cash Within 10 Years: Deloitte
Satoshi Nakamoto’s original plan of revolutionizing the financial landscape is gradually coming to the fore. According to a report by one of the Big Four accounting firm Deloitte, more businesses and professionals are open to the idea of digital assets playing a role in their operations in the future. Crypto May Rival or Replace Fiat […]
USDC Stablecoin Reserves To Be Held In Cash and U.S Treasuries: Circle
From September this year, USDC stablecoin will be 100% backed by cash and short-term US government treasuries. This is according to the Centre Consortium, the organization that manages the cryptocurrency, which is backed by Circle Financial And Coinbase. Changes In USDC Reserves Started In May According to Circle, the USDC has always been fully backed […]
Is Republic of Dogs the next Dogecoin? Where to buy ROD after 680% weekly profit
Dogecoin challenger Republic of Dogs (ROD) is up by 106% today, capping off a near-700% rise over the last week Republic of Dogs has been registering gains steadily over the last week after the token launched last Sunday. Up by 680% after week one, Republic of Dogs is currently stealing the limelight from other dog-based […]
Bitcoin Surges Past $50k on Low Funding But Institutional Investors Are More Bullish on Ethereum
The cryptocurrency market has been back on the move since before the weekend. The overall crypto market cap is gradually climbing towards a $2.6 trillion all-time high from mid-May as it surges past $2.2 trillion on Monday. This past week, the biggest contribution to this growth was made by Avalanche (AVAX), which rallied 160%. Audius […]
Where to buy HaloDAO as price reaches near $1 with 67% gains
HaloDAO is trading at $0.91 at the time of writing with RNBW showing signs of another bull rally HaloDAO (RNBW) has had a bullish rise over the weekend, the token trading at just under a dollar with a record 67% climb in a single day. HaloDAO was changing hands at $0.91 at the time of […]
