A Thorchain-Zcash bridge has been proposed in the cryptocurrency forum by Andre Serrano of Electric Coin Company, the for-profit company that supports the development of the Zcash cryptocurrency. Serrano wrote, “We’ve been exploring ways to proactively surface opportunities for the Zcash community to express interest and contribute to new initiatives.” Thorchain is a multi-currency decentralized […]
Category: STO News
U.K. Financial Ltd celebrates new listing for Maya Preferred Token
U.K. Financial Ltd. has announced that it has completed its token swap and changed the smart contract address of its flagship token Maya Preferred. The token itself has the updated ticker MAYP, with a maximum supply limited to 200 million tokens, with one million tokens currently in circulation on the market. The old Maya Preferred […]
Bitcoin and Uniswap take the lead as Ripple faces SEC this week
Bitcoin and Uniswap emerged as winners in the crypto and DeFi sectors, respectively, as Ripple top executives fired back in response to SEC subpoenas Bitcoin surges past $51,000 The flagship cryptocurrency started the week strongly on the back of a solid upward momentum from the weekend that saw it gain 5%. The crypto rallied to […]
Ripple top executives ask the judge to block SEC subpoenas
Ripple top executives have asked the court to block subpoenas from the U.S. Securities and Exchange Commission Ripple’s Chief Executive Brad Garlinghouse and Executive Chairman Chris Larsen have moved to block the SEC subpoenas seeking their bank records. The regulator filed a lawsuit against Ripple last year, claiming the blockchain firm failed to register the […]
Christie’s auction house sells Beeple NFT for record-setting $69 million
A piece of digital art was sold for a record-breaking $69.3 million at Christie’s A piece of digital art was sold for over $69 million at Christie’s yesterday morning. The event is the first time the famed British auction house managed to sell a nonfungible token (NFT) art, and the Beeple NFT is the most […]
Senate Committee Approves Wyoming Bill; One Step Closer to Giving DAO Legal Standing
Wyoming ranks as one of the most forward-thinking states in developing and improving legislation on a blockchain. Once again, the state aims to make history in this regard as the Senate committee approved a bill recognizing decentralized autonomous organizations, or popularly known as DAOs, as companies. The law is currently in Wyoming’s House of Representatives […]
BlockFi, STOKR, and Pluto Digital Assets Each Complete Successful Funding Rounds
Money continues to flow in to blockchain based endeavours. This past week, a trio of companies have each announced successful capital raises, capitalizing on the fervor surrounding the technology. From digital securities to NFTs, to crypto loans, the following companies are well poised to make waves moving forward. BlockFi Capital Raised? $350 million USD First […]
New Zealand Digital Asset Firm Launches Country’s First Compliant Stablecoin, $NZD
Techemynt, a digital asset transaction service, announced the launch of a New Zealand dollar-backed stablecoin, $NZD. Auckland-born digital asset service provider, Techemynt announced the launch of a New Zealand dollar-backed stablecoin. The Ethereum-based token is fully backed 1:1 with cash and cash equivalents in the firm’s treasury (denominated in New Zealand Dollars). According to the […]
How DeFi Can Recover From its Slew of Hacks
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Decentralized finance has made the investing world more democratic and accessible. It has taken away intermediaries, lengthy verification, and eligibility determination processes. Resultantly, the process of accessing funds has become hassle-free, inclusive, and less […]
Blockchain Company Komodo Launches DEX for Dogecoin (DOGE) Swaps
Parody cryptocurrency Dogecoin seems to be gaining wide adoption as the crypto market surges. Atomic Swaps Available On DogeDEX In an announcement made on Wednesday, blockchain as a service (BaaS) solutions provider Komodo said its Doge decentralized exchange (DogeDEX) platform launched March 1 and has been received enthusiastically by Doge enthusiasts. According to the company, […]