Germany’s financial regulator is warning that Binance risks being fined for offering its tokenized stocks without filing a prospectus before offering the assets. The regulator said in a statement, “BaFin has grounds to suspect that Binance Germany is selling shares in Germany in the form of ‘share tokens’ without offering the necessary prospectuses.” “Please bear […]
Category: STO News
MicroStrategy May Purchase More BTC, But May “Sell” and “Decrease its Overall Holdings of Bitcoin”
Publicly-traded business intelligence company MicroStrategy released its Q1 2021 financial results, revealing “one of the strongest operational quarters” in its business in years. More importantly, MicroStrategy continues to HODL all 91,579 BTC that it has purchased so far. Michael J. Saylor, CEO of MicroStrategy said, “MicroStrategy’s first-quarter results were a clear example that our two-pronged […]
Monthly Report: Ethereum Sets New High as Banks Show Support for Crypto
Ethereum made headlines this week after touching new highs on Wednesday and later on Thursday: here is your monthly review for April 2021 Bitcoin struggles to break $56k while Ethereum closes in on $2.8k It has been another frustrating week for Bitcoin bulls who failed in their attempt to send BTC price above the $56k […]
In-Depth: Why Ethereum Outperformed Bitcoin By 55% in Last Month
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The crypto landscape is undergoing significant changes. Bitcoin elevated the altcoin boats and now their true worth is becoming more apparent. Will BTC and ETH be more equitable in their shares of the crypto […]
Binance Invests in NFTb and Growing NFT Market
Image courtesy of Arstechnica. Despite the hype surrounding NFTs in the last few months, many analysts believe that the NFT ecosystem is still in its infancy. NFT-related projects have seen a rapid influx of creators, artists, and investors, and platforms such as DapperLabs have attracted huge amounts of capital – $7.6 billion at the last […]
Blockchain Company Paxos Closes New Funding Round Worth $300 Million
Paxos, a blockchain startup with PayPal Holdings as a client, announced the recent conclusion of a Series D fundraising round. According to company CEO Charles Cascarilla, the funding session led by growth equity investment firm Oak HC/FT saw $300 million infused into the New York-based firm. Other investors include PayPal ventures, Declaration Partners, Mithril Capital, […]
More Than $284 Million In DeFi Lost Through Hacks And Exploits Since 2019: Messari Research
About $284 million in Decentralized Finance (DeFi) outfits based on Ethereum have been lost through hacks and exploits since 2019. The popularity and unprecedented growth of decentralized finance (DeFi) have seen the sector become a soft target for exploiters and hackers. In a report released by crypto data research firm Messari, DeFi platforms have so […]
SBI Group CEO Reveals Ripple IPO Plans After Settlement With SEC Over XRP Lawsuit
The CEO of SBI Group, Yoshitaka Kitao, has disclosed Ripple’s plans to go public once its case with the United States Securities and Exchange Commission (SEC) is settled. SBI is the largest shareholder of Ripple Labs. Kitao mentioned this in his speech during an earnings presentation call. Ripple’s Executives Plan To Take Ripple Public According […]
Swipe Founder Burns All His Allocated Holdings ($200M), Reduces SXP Supply by 17.5%
Ahead of the release of Swipe V2 white paper, Joselito Lizarondo, Swipe Founder & CEO who has also founded the BSC-based lending protocol Venus, shared his decision to burn all of his 60 million SXP. 10 million SXP tokens were already burned last year; the remaining are currently worth $229 million at a current price […]
JPMorgan Explains “Why is ETH Outperforming?” As Ethereum Aims for $3,000 & Hits 0.051 BTC
JPMorgan has taken notice of Ethereum, and its latest crypto report addresses “Why is ETH outperforming?” ETH is hitting new all-time highs almost every day; lately, just today, we went even higher to hit $2,775. As BTC continues to trade around $55,000, ETH rallied to 0.05100 BTC. BTC -1.05% Bitcoin / USD BTCUSD $ 53,790.54 […]
