Input-Output Hong Kong (IOHK) has released a detailed blog post on Plutus, the native smart contract programming language for Cardano, which will advance smart contracts’ development once the next major blockchain upgrade Alonzo, launches. An announcement was made during the Cardano360 event; the Alonzo hard fork will “establish the infrastructure and add tools for functional […]
Category: STO News
One Reason Why Bitcoin (BTC) May Continue On Its Parabolic Trajectory
Despite the volatility this week, due to Coinbase making its debut on Nasdaq, the Bitcoin price is holding strong above $62,000. Amidst this, over $623 million worth of BTC stolen in the Bitfinex hack in 2016 moved, representing 10% of the total 119,756 BTC originally stolen. This could have been an attempt to move unseen […]
Sotheby’s Sold Digital Artwork by Pak for $16.8 Million Along with a Single Pixel NFT for $1.36 Mln
Sotheby’s hosted its first digital art sale that fetched $16.8 million. The non-fungible token (NFT) was created by anonymous digital artist Pak, the auction house said on Wednesday. It also sold an image of a single-pixel for $1.36 million. The sale of the artwork was accepted in Ether (ETH) along with via debit or credit […]
Feedback on Digital Assets Provided by Authority Figures
While there have been many positive developments surrounding the adoption of digital assets in 2021, there still remain many detractors in positions of power. Moving forward, the industry must work hard to sway those who remain unconvinced of the merits of digital assets. For the time being, individuals from the Federal Reserve, SEC, and Bank […]
Coinbase’s Valuation Now Rivals Goldman Sachs, with Just 4% of Employees
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Coinbase’s public listing on the world’s premiere traditional exchange – NASDAQ – is the culmination of cryptocurrencies becoming mainstream. While going public is entirely novel to digital asset platforms, Coinbase already features numbers that […]
Blockchain Capital’s BCAP Token Q1, 2021 Results
Blockchain Capital launched the first security token back in April 2017, this was to be the first tokenized venture fund. This STO event raised $10M USD with each token selling for $1.00. Today they announced that the net asset value (“NAV”) of each BCAP token as of March 31st, 2021, is $23.83, based on the […]
Plasm Network Partners with Secret Network to Launch the First Polkadot-Cosmos Cross-Chain Bridge
Announced on Tuesday, the ‘bridge’ results from an ongoing partnership between Plasm Network (PLM) and Secret Network (SCRT), a Cosmos blockchain-based transaction privacy solution, which allows users to transact assets on any of the two networks. Built on Plasm testnet, the bridge will allow private transactions on Secret Network and access to decentralized finance, DeFi, […]
SEC Commissioner Hester Peirce Releases Safe Harbor 2.0 for Token Sales with Three Significant Changes
Crypto-friendly SEC Commissioner Hester Peirce released an updated version of the token safe harbor proposal that she first suggested in Feb. 2020. The safe harbor proposal that seeks to provide network developers with a three-year grace period to facilitate its decentralized nature in order to be exempted from the registration provisions of the federal securities […]
CBDC’s Unlikely To Threaten Cryptocurrencies, Market Has Evolved: Morgan Stanley Report
As central banks worldwide continue to establish their digital currencies, one of the largest US investment banks, Morgan Stanley, says they won’t be a threat to cryptocurrencies. Analysts at Morgan Stanley believe that both central bank digital currencies (CBDCs) and cryptocurrencies would co-exist because they are not the same and serve different purposes. CBDCs May […]
Solana’s Data Aggregator Step Finance Raises $2 Million in Private Sale
Solana’s ecosystem continues to grow in leaps. One of its projects, Step Finance, saw $2 million infused into the network via a funding round led by Alameda Research. Step Finance Raises $2 Million In Private Sale In a press release on Tuesday, Solana-based decentralized finance (DeFi) protocol Step Finance announced that it had raised $2 […]
