What is Bancor (BNT)? Established in 2016, Bancor, an on-chain liquidity protocol enabling automated, decentralized exchange on Ethereum blockchain, was founded by Eyal Hertzog, Galia Benartzi, Guy Ben-Artzi, and Yudi Levi. Headquartered in Zug, Switzerland, Bancor protocol is a trademarked system for Smart Token creation. Smart tokens are cryptocurrencies that have built-in convertibility directly through […]
Category: STO News
The UFC Partners with Chiliz to Introduce a Fan Engagement Token on Socios
The leading mixed martial arts firm, Ultimate Fighting Competition, popular as UFC, is partnering with the social token app, Chiliz (CHZ) to provide fans with exclusive products and rewards. In a statement made on Tuesday, the MMA organization token, $UFC Fan Token, will be launched on Socios.com, a fan engagement and rewards mobile app. The […]
WallStreetBets Launches Blockchain-Powered Exchange Traded Portfolios, Ran Through A DAO
Popular Reddit community WallStreetBets has announced a new product launch dubbed WSB DApp. The group plans to create a blockchain-based app aimed at combating market manipulation in traditional finance. WallStreetBets Introduces WSB DApp This will see the largely pseudonymous WallStreetBets group move into the world of decentralization and blockchain-based finance. The initiative would be run […]
Filecoin (FIL) Launches Free Decentralized Storage Solution for NFT Markets
Released Tuesday, NFT.Storage, a decentralized file storing system, will allow developers and collectors to ‘protect their non-fungible token (NFT) assets.’ According to the statement, the platform lets developers and NFT holders store their assets on the Inter-Planetary File System (IPFS) via Filecoin to ensure NFTs last for the long term. The solution is a service […]
JPMorgan’s Jamie Dimon Still Has ‘No Interest’ in Bitcoin Despite Growing Adoption
Institutional demand has played a critical role in the surge of cryptocurrencies in the past year, with many tech companies and large banks planning to custody virtual currencies. But despite what many may call a significant victory for the nascent technology, critics still abound, with some openly declaring they cannot support the idea of digital […]
Another Bitcoin Bullrun Could Be Triggered as Smaller Banks Embrace 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 the wake of crypto exchanges encroaching into banking territory, smaller banks seek to enroll in NYDIG’s crypto custody program. FIS, the global leader in payments integration will make it a reality. In turn, […]
SEC Moves To Expunge XRP Holders From Ongoing Ripple Lawsuit With Latest Filing
The US Securities and Exchange Commission’s ongoing lawsuit against blockchain firm Ripple Labs and its executives has taken a new twist. SEC Files Opposition To Motion To Intervene In a recent release, the agency filed a motion to stop XRP holders from intervening in the ongoing lawsuit. The filing termed the “Memorandum of Law in […]
Raydium (RAY) Alone Accounts for Nearly 90% of Solana Ecosystem’s TVL
Thanks to its low fees and fast transactions, Solana blockchain is gaining traction and trying to level up with Ethereum and BSC. While the tokens like STEP, SRM, and FIDA are driving the growth of the ecosystem, it is Raydium (RAY) which is accounting for much of the total value locked (TVL) in Solana (SOL). […]
Non-Fungible Token (NFT) Market Begins to Stabilise After Turbulent First Quarter
Interest in NFTs shows signs of falling as brick-and-mortar stores begin to reopen NFTs appear to be coming of their early-year highs as several marketplaces report dips in sales in April. One such marketplace, OpenSea, recorded monthly sales of $93.6 million in Apri. This was after almost $150 million in March and $95 million in […]
“What we’re experiencing is nothing short of a sea change.”
An interview with Prof. J. Wuermeling, Executive Board member of the Deutsche Bundesbank with oversight on Risk Control, Information Technology and Banking Supervision. Interview conducted internally by the Deutsche Bundesbank. This interview has been condensed for better readability. How are central banks reacting to the rise of digital currencies? Mr Wuermeling, the world of finance […]
