Fantom (FTM) is the world’s first Directed Acyclic Graph (DAG) based smart contract platform. This fourth-generation blockchain provides developers and users with some significant upgrades in terms of functionality and usability when compared to the market’s leading blockchain, Ethereum. Fantom’s developers keenly focused on creating a reliable, secure, and fast network for transactions. The final […]
Category: STO News
Polkadot to Roll Out Parachains on Kusama Canary Network, the Final Phase Before Full Launch
Ethereum competitor Polkadot Network is well on its way to create a heterogeneous scalable multichain, according to founder Dr. Gavin Wood. Parachain Reconnaissance On Kusama In a Medium post, Wood said the final phase in the launch of the Polkadot Network has begun. According to the former co-founder of Ethereum, this is due to the […]
IOHK Unveils ERC-20 Converter Tool for Testnet, Allowing Ethereum Tokens to Migrate to Cardano
Popular ‘Ethereum killer’ Cardano is on the march again, and this time it is focusing on creating a token bridge between Ethereum and its network. Cardano Releases ERC-20 Converter In a Monday release by project manager Francisco Landino of Input-Output Hong Kong (IOHK), the development arm of the Cardano project, said that the forthcoming Alonzo […]
Investing in Kyber Network (KNC) – Everything You Need to Know
What is Kyber Network? Kyber Network is an on-chain liquidity protocol that aggregates liquidity from all available sources and brings them to one network. Liquidity is a crucial aspect for the success of DeFi applications, especially decentralized exchanges, and this is exactly the problem that Kyber Network aims to solve. Based in Singapore, Kyber Network […]
China FUD Back into Effect as Three Self-Regulating Bodies Reiterate Country’s Anti-Speculation Stand on Crypto
The price of Bitcoin went back under $42,700 and is yet again at the center of the inner $42k-$46k range, thanks to the same old China FUD permeating the cryptocurrency market. Despite being as old as nine years, China banning Bitcoin never fails to induce a market sell-off. And that’s exactly what happened after Reuters […]
No, Burry Didn’t Bet $530 Million Against Tesla, But He Did Do This
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. CNBC has reported that prominent investor and hedge fund manager, Michael Burry has executed a “$530 million bet against Tesla”. However, this is not exactly true. While Michael Burry has bet against Tesla’s share […]
Data Shows Institutional Investors Diversifying Out of Bitcoin and Into Ethereum & Other Altcoins
Crypto asset investment products registered a net outflow of $50 million last week, the first since October last year and the largest since May 2019. However, “historical data implies that outflows of this nature have not marked pivotal points in sentiment change for digital assets,” notes CoinShares in its weekly report. Interestingly, Bitcoin (BTC) investment […]
Coinbase Enables its Over A Million Wallet Users to Use DeFi — DEXs, NFTs, & More
Cryptocurrency exchange Coinbase announced a new Coinbase Wallet extension to allow its users to connect to dapps and DeFi on the desktop more easily and securely. Coinbase Wallet is non-custodial, meaning it is user-controlled, and with the new extension, its private keys are encrypted using the secure enclave or keystore of the mobile device. “We […]
Gem-Hunting in Cryptoland: How to Capitalize on Alt Season
The top 100 altcoins – when held equally – constituted a more lucrative investment than bitcoin for most of 2020.
DeFi Mania Sees Polygon Adds 75,000 Active Users in Seven Days; MATIC Price Soars to $2.19
Polygon, a multichain scalability platform for Ethereum, has added no less than 75,000 new users over the past week, according to data from DappRadar. DeFi Users Flock To Polygon The 75,000 users refer to the new active wallets that interacted with the decentralized applications (DApps) from the top 20 Polygon apps. The Dapps volume also […]
