Galaxy Digital chief executive fears chaos may ensue as Bitcoin surges while the US dollar plunges. Galaxy Digital CEO Mike Novogratz has warned that chaos will ensue as Bitcoin continues with its uptrend and the dollar crashes. The ex-hedge fund manager made the remarks yesterday in an interview on Bloomberg Markets where he delved into […]
Category: STO News
Blockstream Dives in to Digital Securities through Sale on STOKR
STOKR is back at it, listing another offering on its popular investment platform. This time it is blockchain oriented Blockstream, which is looking to raise fresh capital for a new venture known as the ‘Blockstream Mining Note’. When describing its mission, Blockstream states, “We believe all Bitcoin holders, investors, and businesses should play an active […]
Jump Trading Invests Unknown Sum into Fan Token Issuer Chiliz
The trading giant will help the blockchain startup in its global expansion.
Mark Cuban, Ashton Kutcher & Snoop Dogg to Hold $1M Shark Tank Competition for NFT’s
Billionaire Mark Cuban, actor Ashton Kutcher, and rapper Snoop Dogg combine to launch a $1 million Shark Tank-like event for non-fungible token (NFT) projects. Launched on Monday, “NFTs: The Pitch” is a competition sponsored by Sound Ventures, a Venture Capital firm comprising celebrities such as Ashton Kutcher, Snoop Dogg, and Mark Cuban. The competition aims […]
Crypto Lending Firm, Nexo Hit with a Class-Action for Causing over $5 Million in XRP Liquidations
Crypto lending platform Nexo received a lawsuit by a customer for “unlawful suspension” of XRP in December 2020, a day after the SEC sue Ripple for security violation charges. The customer claims over $5 million was liquidated as Nexo suspended the ability to pay back loans or add collateral using XRP. The U.S. Securities and […]
NBA’s Sacramento Kings to Pay Players and Staff Salary in Bitcoin
The Sacramento Kings is planning to offer a Bitcoin payment option to all of its players and staff. This move will make it the first major sports franchise to do so. Just late last year, Russell Okung became the first NFL player to receive half of his salary into Bitcoin. Last month, as we reported, […]
Non Fungible Tokens (NFTs) Continue to Reshape the Blockchain Market
There has been a lot of hype surrounding non-fungible tokens (NFTs) as of late. These unique digital assets build on the security of traditional cryptocurrencies and introduce some new functionalities and opportunities to the market. Non-fungible tokens differ from regular cryptocurrencies in some key ways. The main difference is that these tokens represent something unique. […]
Playboy Partners with Gemini-Owned Nifty Gateway to Enter into NFT Space
Entertainment magazine Playboy announced a partnership with crypto exchange Gemini-owned digital art platform Nifty Gateway on Tuesday. According to the iconic brand, Playboy’s entry into the NFT space is its “long history of providing a platform for artists and creative self-expression.” Besides art, Playboy’s NFT can further extend to tickets to a virtual mansion experience […]
Credit Swiss in a $4.7 Billion Bind Thanks to Hwang’s Leveraged Bets
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. After “The Big Short” movie, followed by Netflix and HBO Max announcements for two movies on the GameStop saga, another contender enters the fray. “Bill” Hwang is likely to be immortalized as the most […]
Credit Suisse in a $4.7 Billion Bind Thanks to Hwang’s Leveraged Bets
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. After “The Big Short” movie, followed by Netflix and HBO Max announcements for two movies on the GameStop saga, another contender enters the fray. “Bill” Hwang is likely to be immortalized as the most […]