Decentralized finance protocol Flare raised $11.3 million in another funding round supported by heavyweights in the crypto industry. Launched at the tail end of 2020, Flare, a Turing complete Federated Byzantine Agreement-based (FBA) network, announced Hong Kong-based firm Kenetic Capital led the round, including top venture capital firms such as Digital Currency Group (DCG) and […]
Category: STO News
Here’s How Microstrategy’s Stock Has Reacted to Every Bitcoin Purchase
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. In August last year, Microstrategy raised eyebrows as the firm dabbled in Bitcoin by purchasing $250 million worth of the leading cryptocurrency. Though, it did not take long for the business intelligence software firm […]
Goldman Sachs Joins Blockchain Infrastructure Company’s $28 Million Funding Round
Blockdaemon has raised $28 million from lead investor Greenspring Associates along with Goldman Sachs Group Inc. BlockFi, Warburg Serres, Uphold, and Voyager Digital Ltd., were other investors in the Series A fund-raising, as per the company statement. The firm that creates and hosts the computer nodes for the blockchain network is planning to make acquisitions […]
Cryptocurrency Exchange Gemini Acquires Crypto Custody Firm Shard X
Cryptocurrency exchange Gemini has acquired cryptocurrency custody specialist Shard X. Per an official blog post, Gemini disclosed that it would use Shard X’s multi-party computation (MPC) technology to speed up its efficiency. Gemini To Use Shard X’s MPC Technology The technology would help increase the speed at which the exchange transfers customer assets on its […]
Ethereum Price Prediction for June 2021
Ethereum becomes the new top favorite cryptocurrency of institutional investors, and is posting a healthy recovery Ethereum (ETH) along with many other cryptocurrencies continues to be in a recovery mode post the crypto market crash of May 19, which effectively halved its price from an all-time high of $4,400 to around $2,400. It has been […]
Evan Shapiro, CEO & Co-Founder of O(1) Labs – Interview Series
Evan Shapiro is the CEO & Co-Founder of O(1) Labs, the company responsible for launching Mina Protocol. Evan has a background in computer science, machine learning, distributed systems and robotics task planning. What does O(1) refer to? O(1) Labs is the company that my co-founder, Izaak Meckler, and I started back in 2017 to research […]
In 90 Days, All Businesses in El Salvador Must Accept Bitcoin
Neither the author, Kai Morris, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Bitcoin is now legal tender in El Salvador. President Nayib Bukele’s legislation to make Bitcoin an official currency has passed in Congress, meaning that it has equal status to the US Dollar in El […]
Adult content NFT marketplace – Where to Buy xxxNifty (NSFW)
xxxNifty has seen its price grow by almost 60% in the last week. As NFT collectibles continue to develop and grow as a concept, there will likely be emerging platforms that seek to specialise in particular niches within the newly emerging digital-collection space. The last year or so has been discussed widely in the pandemic’s […]
Aggrieved Coinbase Customers Locked Out of their Accounts Drag Exchange To Court
Leading crypto exchange platform Coinbase has been sued in a proposed class action accusing the company of locking six users out of their accounts. Coinbase Users File Complaint, Seek $5Million According to a complaint filed in San Francisco federal court complaint, the Coinbase users allege that the company prevented them from accessing their accounts. This […]
Acquisition Complete – OpenFinance Ownership Officially Transferred to INX Ltd.
After a months-long process, INX Limited has officially finished its acquisition of OpenFinance Securities. This acquisition will potentially see an existing 60,000 clients of OpenFinance migrate to a newly consolidated platform built for digital assets, and run by INX. Benefits of the deal run deeper however, with INX also expected to soon list its own […]