The new platform will allow YouTubers to ‘tokenize’ themselves and to mint NFTs.
Category: STO News
Value DeFi Exploited Yet Again This Week? TVL Collapses by 80% Days After $10M Exploit
Audited decentralized finance project Value DeFi saw the total value locked (TVL) in it crashing by 80% in a single day. On May 4th, the project had almost $1 billion in TVL, which went from nearly $865 million on Friday to the current $180 million, as per Defi Llama. The project, which was initially launched […]
Risk-on Sentiment Sending Bitcoin, Ether, & Gold Higher as President Biden Declares ‘We Can’t Let Up’
President Joe Biden called on lawmakers this week to approve his massive infrastructure and jobs package following the disappointing jobs report. While economists were forecasting 1 million new jobs and an unemployment rate of 5.8%, the actual results were a huge letdown, with nonfarm payrolls increasing by only 266,000 in April and the unemployment rate […]
Goldman Sachs to Offer Bitcoin to Wall Street, but Not Really
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Goldman Sachs makes it possible for its high-net worth clients to dabble into crypto trading, without owning any actual digital assets. This way, they can both bet on Bitcoin’s performance while not committing to […]
Burnt Finance Raises $3M For A Solana-based NFT Marketplace; Famous for Burning Banksy Art Piece
The anonymous NFT artist known for selling a Banksy street art as a non-fungible token (NFT), Burnt Banksy, has raised $3 million seed funding from private investors to launch a decentralized NFT minting and auction protocol. The protocol is built on Solana blockchain (SOL) providing a solution on how NFTs and blockchain synthetic tokens are […]
DeFi Now Holds Nearly Double the ETH Available on Exchanges
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Blockchain statistics and data analysis company, Glassnode, has released a report showing that there is almost double the amount of ETH being locked in smart contracts via DeFi than there is ETH being held […]
Investing in Audius – Everything You Need to Know
What is Audius (AUDIO)? The global music streaming industry was worth over $26 billion in 2019 and is expect to reach $47 billion in 2027. It points to a growth rate of 10% every year till 2027. Such a huge market is ripe for disruption, and that’s the market that Audius is targeting. Leveraging Ethereum […]
Ripple Reports 97% Growth In XRP Sales For Q1 2021 Amid SEC Lawsuit
Ripple Labs continues to win despite its legal scuffle with regulators in the U.S. The firm has reported massive growth in its XRP token sales for Q1 2021. This was revealed in its recently published quarterly report. Ripple’s XRP Volumes Increase Ripple’s total sales of XRP amounted to $150.34 million, making it a 97% increase […]
Sushi Goes Live on Polygon (MATIC), Andre Cronje Proposes A Curve like Mechanism for it
The Sushi multichain family has grown to include Polygon, previously known as Matic, which has reached $3.5 billion in total value locked. Sushi already supports other EVM-Compatible chains, including Fantom, BSC, HECO, xDAI, and Harmony. Polygon is a layer 2 solution that provides scalable, secure, and instant Ethereum transactions using Plasma side chains and a […]
Weekly Report: eBay Exploring NFTs and Crypto Payments
Here are the top stories from the cryptocurrency sector this week Ethereum outperforms Bitcoin in options volume Ethereum has gained significant upside momentum in the recent past, raising its price to a new high just short of $3,600. Elsewhere, options volume has continued surging and recently eclipsed Bitcoin’s. On Wednesday, Ether options trading volume on […]
