Popular Ethereum layer two scaling solution Polygon has added another milestone to its cap. Polygon said its SDK stack is now available for use on the Ethereum network in a Medium post. Polygon SDK Is Live This will see developers build Ethereum-compatible blockchains easily and seamlessly. With its pluggable modules, developers can finally utilize consensus […]
Category: STO News
PayPal Adds Support for Third-Party Wallets
Global payments giant PayPal will be allowing users to withdraw crypto holdings to external wallets. US-based payments service provider PayPal has continued with efforts to embrace cryptocurrencies following its entry into the space seven months ago. The company announced yesterday that it is seeking to introduce a crypto withdrawal function. The latest move will allow […]
ETH Trading Volume Passes BTC, Reaches ATH in Daily Spot Volume
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. After a tumultuous few weeks in the crypto world, the total market trading volume is again trending upward, as prices begin to see some recovery. With the dust settling, the market is again seeing […]
BlackRock, Manager of $8.6T in Assets, is Now ‘Studying’ Crypto
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. In BlackRock’s annual meeting on Wednesday, CEO Larry Fink, in response to a shareholder’s question on whether the company would invest in Bitcoin, stated: “The firm has monitored the evolution of crypto assets. We are […]
GameStop Innovates by Creating NFT Marketplace via Ethereum
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. As a means of proving its relevance in the gaming world, and capitalizing on its newfound media attention brought by the GME hedge-fund battle that started earlier in the year, GameStop has chosen to […]
Shark Tank Investor Mark Cuban Backs Ethereum Layer 2 Solution, Polygon
Mark Cuban of Shark Tank fame is getting more and more involved in the crypto space. From opening a non-fungible token (NFT) platform to openly supporting crypto assets like Bitcoin and Ethereum, Cuban is one of crypto’s staunch supporters despite a checkered past. Cuban Adds Polygon To Company Portfolio While a large-cap crypto project like […]
FINRA Proposes Stringent Rules for Hedge Funds’ Favorite Tool – Swaps
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. In the arms race between traders and regulators, monumental slippage in the form of Hwang’s devastating total return swaps shines light on existing vulnerabilities. FINRA has set its sights on fixing it. The Benefits […]
Meme Stock GameStop to Launch NFT Platform on Ethereum & A Dedicated GME Token
Meme stock GameStop (GME), a video game retailer, is back on the rise this week. Though still down 57% from its all-time high of nearly $483 in late January, currently trading around $209, GME is up over 435% from the mid-February low of $39. The pump in prices was also seen in other meme stocks […]
Poloniex To Face Regulatory Action For Violating Securities Laws In Canada
The Canadian securities regulator, the Ontario Securities Commission, has accused the cryptocurrency exchange Poloniex of flouting Ontario securities law. Ontario Regulator Files Statement Of Allegations Against Poloniex The regulator filed a statement of the allegation on Tuesday, claiming that Poloniex failed to seek approval as a crypto trading platform operating in the province. The Canadian […]
Investing In Conflux Network (CFX) – Everything You Need to Know
Conflux (CFX) is an advanced DeFi ecosystem that seeks to promote cross-border, multi-chain collaboration in the Asian blockchain sector. The network is unique in many ways. Notably, it’s the only state-endorsed public blockchain operating in China at this time. As such, the firm plays a vital role in advancing education and research in the market via […]