NFT Marketplace Backed by Mark Cuban, Mintable, Raises $13M; Plans to Integrate Ripple’s XRPL

NFT marketplace, Mintable, completes a successful $13 million Series A funding round. The funding will be used to hire new team members and boost overall NFT adoption. Top investors including Animoca Brands, Ripple, and Metapurse participated in the round. Singapore-based non-fungible token (NFT) minting platform and marketplace, Mintable announced the successful completion of its $13 […]

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Robinhood Says a ‘Substantial Portion’ of Crypto Revenue is from Dogecoin

Neither the author, Kai Morris, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Robinhood’s IPO filing has revealed some interesting details about the company’s earnings. On July 1st, the SEC released a document providing insights into Robinhood’s offering onto the stock exchange, as well as the means […]

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Investing In the Ocean Protocol (OCEAN) – Everything You Need to Know

The Ocean Protocol (OCEAN) operates as a decentralized data-sharing network. The platform combines encryption technology, datatokens, and a proprietary marketplace to enable businesses and users to publish, discover, sell, and consume data assets in a seamless manner. Uniquely, the network focuses primarily on providing services to startups and researchers. What Problems Does the Ocean Protocol […]

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DeFi Platform Balancer to Join Layer 2 Solution, Polygon Network, In A Bid to Reduce Fees

Decentralized asset management platform, Balancer is expanding to Polygon, Ethereum’s Layer 2 solution, to reduce transaction fees and increase scalability for users. Announced Thursday, the move to Polygon responds to the high fees experienced on Ethereum and the boost in user activity on Polygon in recent months. A tweet from the Balancer team reads, “We […]

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No-Fee Bitcoin Trades are Coming to the U.S. as 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. Lightning Network payments platform Strike has revealed that it will soon allow US customers to acquire Bitcoin with no fee outside of the market spread. In the announcement, Strike exceptionally focused on the subject […]

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Robinhood: Business & Financial Condition ‘Could Be Adversely Affected’ if Demand for DOGE Declines

Robinhood revealed that it held about $11.6 billion in cryptocurrency assets under custody as of March 31, 2021, representing an increase of 23x from last year. Other assets under custody include roughly $65 billion in equities, $2 billion in options, and $7.6 billion in cash. Over 9.5 million customers traded about $88 billion of cryptocurrency […]

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DeFi Yearn Finance Fixes a Critical Vulnerability in the Leveraged COMP Farming Strategy

DeFi protocol Yearn Finance awarded a maximum bounty of $200,000 to a security researcher xyzaudits after they revealed a vulnerability in the leveraged COMP farming strategies that have since been mitigated. “No funds were lost,” assured the team. According to the vulnerability disclosure, an attack vector in the GenLevComp strategy type that is in use […]

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JPMorgan Is Bullish on Eth 2.0, says Yields via Staking is ‘An Incentive to Invest’ in Crypto

JPMorgan Chase analysts say major upgrades to the Ethereum network could help crypto staking turn into a $40 billion business by 2025, providing crypto holders an opportunity to earn a reliable yield. The report reads, “Not only does staking lower the opportunity cost of holding cryptocurrencies versus other asset classes, but in many cases, cryptocurrencies […]

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