The Graph, a decentralized indexing and query protocol, announced the launch of Scalar, a micro-transaction scalable solution for fast and cheap fees on the network. Announced Wednesday, Scalar, built on the Connext Vector protocol, will provide micro-transaction solutions on The Graph network to reduce the fees and increase scalability when querying on the protocol. Additionally, […]
Category: STO News
Binance Faces European Regulators’ Probe Over Stock Tokenization: Report
The crypto exchange has been offering stock token trading since last week.
Ether Hits $2,600, Aiming for 0.05 BTC, in Anticipation of Monster Buy Pressure
Ether has hit a new all-time high today, nearly $2,600 on Coinbase, after touching $2,000 just the past weekend during the sell-off. While Bitcoin took ranging, Ether came out and smashed 0.047 BTC level, last seen in August 2018. “To be brutally honest, I stare at the chart of ETH/BTC, and I see an enormous […]
US House of Reps passes legislation to make crypto rules clear
The Congress is advancing with its efforts to better the crypto landscape in the US The US House of Representatives yesterday passed the Eliminate Barriers to Innovation Act that seeks to make regulations in the crypto industry more clear. The legislation is now pending approval from the Senate and the final okay from President Joe […]
Banks Raise $34 Billion to Comply with SEC Rule, Effective Today
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Having the collateral to cover stock trading is important to oil the market cogs. With margin trading, it is critical, a lesson learned the hard way from “Bill” Hwang last month. From today, the […]
EasyFi Loses $80 Million Worth of Tokens in A ‘Mnemonic Key’ Security Breach
EasyFi, a Polygon-powered project, suffered a security hack with the hackers making away with nearly $80 million on Tuesday. According to a post mortem report by Founder and CEO Ankitt Gaur, this was a mnemonic phrase key or admin keys hack, which allowed hackers access to EasyFi’s wallet. On Monday 19th at 10 AM GMT, […]
Oracle Service API3 Inks Deal With OBP To Merge Conventional Banking With DeFi
Popular oracle provider API3 has partnered with the Open Bank Project (OBP) to bridge the gap between traditional banking services and blockchains. This ten-year partnership aims to connect over 400 banking APIs to blockchain smart contracts using “Airnode,” an open-source gateway developed by API3. Bringing Fintech And Banking Customers Into DeFi API3 is a startup […]
DeFi Protocol Balancer Rolls Out $2M (or 1000 ETH) Bug Bounty Program Ahead of V2 Launch Next Week
Following a tumultuous year for decentralized finance (DeFi) projects, many liquidity providers and automated market makers (AMMs) are looking for solutions to address the growing menace of cyberattacks. Generalized AMM protocol Balancer Labs, which previously lost $500,000 worth of tokens through a security breach, has opened the floor for ethical hackers to test its newly […]
XRP Holders Attempt to Intervene In Ongoing SEC v Ripple Standoff; India Feels Threatened by XRPL
The XRP crypto community seems to have had enough of the US Securities and Exchange Commission’s (SEC) fight against Ripple as they have once again filed to intervene in the case. The XRP holders have asked to jump in the ring, as they believe both the SEC and Ripple do not represent their interest, per […]
Uniswap Hits $10B In Weekly Trade Volume; DEX’s Current Pace Would Be Half A Trillion-Dollars per Year
Leading decentralized exchange (DEX) Uniswap has hit a new milestone. The weekly trading volume on Uniswap surpassed $10 billion for the first time ever. Daily volume, meanwhile, is $1.5 billion, which hit its all-time high at $2.2 billion in late October. The latest milestone represents half a trillion-dollar volume every year. “Uniswap weekly trading volume […]