The Gibraltar-based trading platform INX has estimated about $125 million raised in token and equity offering The INX Company, which runs the INX digital trading platform, revealed earlier this week that it was expecting to raise a total sum of about $125 million from its sold equity and token offerings. Last month, the company confirmed […]
Category: STO News
Ethereum Storms Past $3,000 With YTD Gains Now At 330%
Ether shot past $3,000 on Monday, 3 May, reaching a new record high of $3,457 Ethereum soared above $3,000, stealing the show on Monday as it outpaced the flagship cryptocurrency Bitcoin. As investors continued to bet on ether’s increasing role in the future of decentralised finance, buyers put on a stunning rally that saw the […]
Ether options volume surpasses Bitcoin for first time
Ether has been performing excellently in recent weeks, and for the first time, its options volume has surpassed that of Bitcoin Ether (ETH) has been one of the best-performing cryptocurrencies since the start of the year. While Bitcoin has been leading the current market rally, it has cooled down over the past few weeks, allowing […]
“DeFi can Turn Traditional Financial System Upside Down” – Federal Reserve Research Paper
Recently, the Federal Reserve Bank of St Louis did research on the potential of decentralized finance and the role that Ethereum has in its expansion. The paper was penned by Dr. Fabian Schär, a professor of Distributed Ledger Technology at the University of Basel in Switzerland. Security Concerns & Risks – The DeFi Roadblocks The […]
43% of Robinhood’s Q1 2021 Revenue is from Citadel
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Editorial note: The title of this article was updated on May 5th, 2021, to provide further clarification on Robinhood’s source of revenue. The previous title may have been confusing. As one delves deeper into […]
Survey: South Korean Investors Welcome Controversial Crypto Tax Law
A new survey has revealed that a majority of South Korean investors support the proposed crypto tax law set to be unveiled next year. 53.7% Support Crypto Gains Tax According to a recent survey sponsored by local television station YTN, many South Korean crypto investors support the government’s move to tax crypto gains. The research […]
Dogecoin Trades Above $0.54, But Will Never Be a Viable Asset
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Dogecoin is perhaps the most controversial cryptocurrency in the industry. What was meant to be nothing more than a joke coin, a literal meme, has managed to become the fourth largest cryptocurrency by market […]
Crypto Trading Platform INX Raises $125 million
Blockchain-based cryptocurrency trading platform INX Ltd. estimates to have raised $125 million in its token and equity offerings. The Ethereum-based IPO managed $85mn in token sales, and it involved more than 7,200 retail and institutional investors. The other $40mn was raised from private token sales and a pending private placement in Canada equaling CA$39.6mn ($32.2mn) […]
CryptoPunks Creators Launch New NFT Platform, Meebits; Sell Over 20k 3D Art Pieces in 24 Hours
Larva Labs, creators of CryptoPunks non-fungible tokens (NFTs), announced the launch of a new NFT platform, Meebits, Ethereum-based 3D characters tradable on the blockchain. The platform consists of 20,000 uniquely created NFTs that aim to capture the market and ride with the current demand for these collectibles. Meebits are randomly generated NFT 3D avatars created […]
Bitcoin vs Ripple: What’s the Difference?
The crypto market is full of exciting investments that offer you a chance to participate in the decentralized economy. As you journey deeper down the rabbit hole, you are sure to encounter Ripple (XRP). Understanding the differences between Bitcoin vs Ripple (XRP) can help you to become a better investor, as both cryptocurrencies serve very […]
