Facebook-led digital currency project, Diem is set to launch a small-scale pilot project of its first stablecoin later this year, a source familiar with the matter told CNBC. According to the report, Diem Association, a Switzerland-based firm building the project, plans to launch a dollar-backed stablecoin largely focused on payments between individual clients. The pilot […]
Category: STO News
NFT Sales Drop by Almost 50% in the Last Week Alone
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Some of the data available for NFT’s certainly suggests the hype is dying. Just in the past week, we have seen a decline from 78m in total NFT sales to 44m. Nonetheless, NFT figures […]
About 14 Billion Dogecoin (DOGE) Are Being Added to Supply Each Day
After the price of DOGE surged to 0.4358 on “DogeDay,” it corrected to just under 0.27. As of writing, DOGE is trading around $0.314 with a market cap of $38.75 billion. At one point, Dogecoin’s market cap became bigger than that of Ford Motor Co. and Kraft Heinz Co. — and nearly equal to Twitter […]
“Use More Gas” Says PancakeSwap As It Slows Down Due To Binance Smart Chain (BSC) Overload
Automated market maker (AMM) PancakeSwap is seeing a lot of activity, and with that comes the issues, as users have been reporting it being slow. Described as a fast and cheap protocol that allows anyone to participate on BSCscan, PancakeSwap said late on Tuesday that their project isn’t slow, but “BSC is just overloaded right […]
Uniswap crosses $10 billion in weekly trading volume
Ethereum-based decentralised protocol Uniswap has broken yet another record after hitting a weekly trading volume of $10 billion yesterday The decentralised exchange Uniswap has for the first time since its launch, surpassed the $10 billion mark in weekly trading volume. The protocol founder Hayden Adams shared the news of achievement yesterday on Twitter. He noted […]
Unpopular Opinion: Dogecoin is Horrible for Crypto
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. While going against the grain is not popular, it is responsible to examine current trends from a sober look. Dogecoin’s incredible pump is a perfect example of something seemingly fun, but containing the seeds […]
Wall Street Journal Blasts The SEC for Setting ‘Inconsistent Rulings’ in Ripple Lawsuit
The WSJ editorial board is blaming the SEC for taking an “inconsistent” approach in dealing with the Ripple lawsuit, which could have adverse effects on crypto regulation. The SEC filed a lawsuit against Ripple and its executives over its alleged $1.3 billion issuance of XRP tokens as unregistered securities. The WSJ however criticized the handling […]
Social Trading Platform, eToro US, Adds Chainlink (LINK) & Uniswap (UNI) For Trading
Social investment platform, eToro adds Chainlink (LINK), a decentralized oracle network, and Uniswap (UNI), a decentralized exchange token to its platform bringing the total number of cryptocurrencies to 18. The two tokens join Bitcoin (BTC), Ether (ETH), Litecoin (LTC), and Tezos (XTZ) on the eToro trading platform. Big news! Chainlink ($LINK) and Uniswap ($UNI) are […]
Starting Today, 70 Million Venmo Users Can Buy and Sell BTC, ETH, LTC, BCH
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The broader Venmo community now has access to an easy-to-use and intuitive crypto platform to help them take part in the cryptocurrency market. The launch of the feature furthers PayPal’s commitment to educating its […]
Cryptocurrency Inflows Record A Five-Week High; XRP Captures Institutional Interest
Inflows into digital asset investment products totaled $233 million last week, the largest since early March. It is, however, nowhere near the record inflow seen in late January. CoinShares, one of the largest crypto asset managers, in its weekly report wrote, “We believe this recent renewed appetite for digital assets is due to a combination […]
