Stablescoins Prosper as Bitcoin Crashes—A Sign of Crypto Maturity?

Neither the author, Kai Morris, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Recent statistics from CryptoSlate reveal that during Bitcoin’s downward turn in May, stablecoins performed well, with USD Coin (USDC) seeing net deposits increase by 155.5% and Tether (USDT) deposits increasing by 15.5%. This shows […]

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Crypto Scams Evolve—Cajee Brothers Make Off with a Record 69k BTC

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Two South African brothers have been lost to sight since their crypto exchange platform “Africrypt” was allegedly hacked. However, it turns out that the alleged hackers were the two brothers themselves—Ameer Cajee and Raees […]

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Jack Ma’s Ant Group Sells NFTs on Alipay, Clarifies They’re Different from Cryptocurrencies

China’s Ant Group, the Jack Ma-controlled fintech group, put non-fungible tokens (NFTs) on sale via its payment platform Alipay. The items sold out quickly on Wednesday amidst the ongoing crackdown from the authorities. Based on the Dunhuang theme, about 16,000 NFTs were issued by AntChain, the Ant unit that develops blockchain-based technology solutions. AntChain provided […]

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FTX Intensifies its Marketing Efforts with MLB Partnership and Integration with CoinGecko

Cryptocurrency derivatives platform FTX’s marketing efforts now involve partnership with Major League Baseball as a sponsor and the organization’s official crypto-exchange brand. The company says the partnership is the first-ever between a major US professional sports league and a crypto exchange. Sam Bankman-Fried, founder and CEO of FTX said, “One of FTX’s goals is to […]

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