Shiba Inu, seen by some as a successor to Dogecoin, has seen its price rise by 1,877 percent in the last week What is Shiba Inu? Describing itself as a “decentralised meme coin”, SHIB joins the likes of Safemoon, Dogelon, Dogecoin and NFTs. The value of digital currencies and artwork is being redefined amid a […]
Category: STO News
How Nigeria’s Soaring Inflation Demonstrates a Real-World Use-Case for Bitcoin
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. When Satoshi Nakamoto developed Bitcoin, Nigeria might have been furthest from his concerns. Yet, Nigeria holds all the ingredients to become the first large nation to unofficially supplant the failing official currency with his […]
DeFi Protocol, Rari Capital, to Become a DAO After the $10 Million Exploit
Over the weekend, another DeFi protocol was exploited for about 2600 ETH, worth more than $10 million. Rari Capital, whose first product is focused on delivering the highest yield, was attacked on Saturday. The funds were extracted from its Ethereum Pool before the attacker was stopped by pausing the contracts — the loss amounting to […]
Investing in Fetch.ai – Everything You Need to Know
What is Fetch.ai? Fetch.ai, founded by Humayun Sheikh, Thomas Hain, and Toby Simpson, started its journey in 2017, intending to facilitate the growth of a decentralized digital economy. To achieve its objective, Fetch.ai focussed on building open access, tokenized, decentralized machine learning networks that would enable smart infrastructure as the foundation of the economy. Fetch […]
Tom Brady, A Seven-Time NFL Super Bowl Champion, Dons Laser Eyes in Support of Bitcoin
The latest celebrity to show interest in Bitcoin is NFL icon Tom Brady, who recently joined in on the NFT (non-fungible token) mania by launching the platform called Autograph. Less than 24 hours back, Jason Yanowitz, co-founder of Blockworks talked about Brady being involved in the trillion-dollar cryptocurrency. In response to Yanowitz’s tweet “Rumor has […]
DOGE Community Left Confused as Coin Dipped Amid Musk’s SNL Sketch
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. On May 8th, Elon Musk, self-proclaimed crypto “Dogefather”, led SNL’s comedy sketch show. As one of the main themes of his performance was DOGE, many people believed that this would send it soaring even […]
SHIB Token Is Sending Ethereum Gas Prices Higher
Ethereum gas fees are back to skyrocketing. The gas prices calmed down and fell to about 40 Gwie earlier this month after the Berlin hard fork went live in mid-April, layer 1 solutions like BSC and Solana (SOL) gained traction, and layer 2 solutions like Polygon (MATIC) started to see usage. Average gas prices are […]
Carbon-Neutral Bitcoin on Offer through Ninepoint ETF
Over the years detractors of Bitcoin have continued to lean on one major argument against its viability as either a store of value or currency – environmental impact. Not only does BTC mining require short-lived specialized equipment to mine efficiently, it requires a significant amount of power to do so. Enough so that companies are […]
Crypto Experts Predict Ethereum’s Gains Are Just Getting Started
Ethereum broke the $4,000 level earlier today, and analysts believe more is to come in the coming months Ethereum, the second-largest cryptocurrency by market capital, shot up above $4,000 today. The development comes just a week after the token’s price surged beyond $3,000. ETH’s all-time high price now stands at $4,140.10, according to data from […]
Rari Capital Hit With $10M Exploit from its Ethereum Pool
Rari Capital is the latest name in the decentralised finance sector to suffer an exploit DeFi project Rari Capital was hacked to a tune of almost $10M in Ethereum early on Saturday, making it the latest victim of a security exploit. The platform is said to have lost 2,600 ETH from its pool that deposits […]
