It has been another fantastic week in the crypto sector, with Bitcoin making most of the headlines – from surveys to predictions Tether asked to pay a Bitcoin ransom Tether revealed in a Twitter post that it had been asked to pay a ransom of 500 bitcoins. The issuers of the USDT stablecoin wrote that […]
Category: STO News
Badger DAO, a Bitcoin DeFi Solution, Raises $21 Million from Top Crypto Venture Capital Firms
Reported on Thursday, Badger DAO, a Bitcoin on Ethereum DeFi solution, announced the sale of $21 million worth of its Treasury assets to four top crypto VC firms, including Polychain Capital, Parafi Capital, Blockchain Capital, and an unnamed whale wallet, 0xB1. The idea first popped up in the Badger Improvement Proposal, BIP-37, under the “Treasury […]
Bitfinex Exchange Rolls Out New Payment Service to Boost Crypto Adoption With Merchants
Bitfinex crypto exchange announced the launch of its merchant payment network dubbed ‘Bitfinex Pay,’ which aims at increasing the adoption of crypto as a currency across stores in the world. The solution offers merchants a platform to receive payments in Bitcoin (BTC), Ethereum (ETH), or Tether (USDT) via Ethereum and Tron blockchains. The payment solution […]
These Indicators Suggest Bitcoin’s Bullrun is Far from Over
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. When Bitcoin reaches a new ATH, it is easy to indulge in a brief dopamine-hit, followed by anxiety when it drops. To avoid such emotional travails, take time to read corresponding indicators pointing to […]
Rug Pulled on Users as DeFi Project Meerkat Finance Disappears Along with $31 Million
Decentralized Finance (DeFi) project Meerkat Finance claims to be drained for $31 million in digital assets just a day after launching on Binance Smart Chain (BSC). The team announced through its Telegram channel that its smart contract vault was compromised, which has resulted in the loss of 13.96 BUSD and 73,653 BNB. Both of these […]
Enjin (ENJ) Reveals Scaling Solutions to Bolster NFT Growth and Eliminate Fees
The growth of non-fungible tokens (NFTs) and decentralized finance (DeFi) has shown the limitations in the Ethereum network like congestion and high gas fees. As the popularity of these new projects increases, so does the number of active Ethereum users, doubling to more than a million since January. This growth has led many developers to […]
SushiSwap Ends Ethereum Exclusivity, Moves on to BSC, Polygon, and Other Blockchains
Market-making platform SushiSwap is now going multichain. In the light of high fees on the second largest network, Ethereum, SushiSwap, like many other projects, is now venturing onto other blockchains. The team has deployed the Sushi contracts to several networks, including Fantom, Polygon, Binance Smart Chain (BSC), Moonbeam Network, and xDai Chain, shared by CTO Joseph […]
Ripple Wants to Help Central Banks Launch CBDC’s on A Private Ledger Running XRPL
Most countries are working on a central bank digital currency (CBDCs) these days. But, each nation is at different levels. Some are consulting, while others are exploring with partners and running pilots. According to a Bank for International Settlements (BIS) survey, as many as 20% of central banks are actively exploring the idea of a […]
Institutional Demand for DeFi Is Increasing While Fading for Bitcoin ETFs; 22% Likely to Invest
The DeFi sector, with $40.5 billion in TVL, continues to gain traction not just from retail investors but also institutional investors. While Grayscale Investments, the world’s largest digital asset manager, is looking at several DeFi tokens for potential new product offerings, Bitwise has already launched its DeFi index fund. Bitwise DeFi Crypto Index Fund has […]
NFTs: Everything You Need to Know about the Non-fungible Token Explosion
NFTs have been around for years. Why have they suddenly been shoved into the spotlight?
