Solana Labs Raises $314 Million for the ‘Next Phase’ of Onboarding A Billion Users

Solana Labs, the developer of the Solana blockchain, has raised just over $314 million in a private token sale round led by Andreessen Horowitz (a16z) and Polychain Capital. Alameda Research, CMS Holdings, CoinShares, Jump Trading, Multicoin Capital, Sino Global Capital, and many others also participated in this round. As we reported, Solana was looking to […]

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Investing In NuCypher (NU) – Everything You Need to Know

NuCypher (NU) is a cryptographic services provider, decentralized Key Management System (KMS), and cryptocurrency. The platform is designed to enable developers to securely store private data of public blockchains. It accomplishes this task via the introduction of an interoperable security layer that allows users to keep data private and share information securely. From its launch […]

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1% of Bitcoin’s Circulating Supply is Now Wrapped on Ethereum

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. In a recent announcement, BitGo product manager Kiarash Mosayeri revealed that they have converted one percent of Bitcoin’s circulating supply to Wrapped Bitcoin (wBTC). This one percent, which represents more than 187,200 Bitcoins currently worth […]

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Biden’s Tech Aid and Former Bitcoin Critic Owns at Least $1M in BTC

Neither the author, Kai Morris, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. It has been recently revealed that Tim Wu, a technology and antitrust advisor and Special Assistant for the Biden Administration, owns between $1 million-to-$5 million in Bitcoin and over $100,000 in Filecoin. This is […]

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