The Non-Fungible Token (NFT) mania is now outpacing decentralized finance (DeFi). The search interest for NFT gained traction in the middle of January 2021, and last week more people were busy learning about digital collectibles more than DeFi in the US, as per Google Trends. In the US, interest in NFTs first gained more traction […]
Category: STO News
Primitive Finance self-hacks to safeguard user funds
The options market protocol Primitive has whitehacked its smart contracts to prevent a possible exploit after discovering a critical vulnerability Primitive Finance announced via a post that it had decided to self-hack its smart contract to fix what could have been a potential loophole. The exploit was discovered in the Primitive Finance smart contracts early […]
Coinbase Gets Over a $100 Billion Valuation in Private Market Sale
Ahead of the upcoming public listing, Coinbase, the largest cryptocurrency exchange in the US, was valued at just over $100 billion in a private market share sale. This means Coinbase can go public at a higher valuation than even Facebook, which went above $104 billion. Santiago R Santos, Partner at ParaFi Capita said, “Coinbase will […]
North America’s First Bitcoin ETF Trades $80 Million Within an Hour
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. In a year of Bitcoin milestones, one more is not surprising. The Canadian stock exchange has the historic privilege to be the first to host a Bitcoin ETF. Abstaining from derivatives trading, the new […]
Auction House Christie’s Is Accepting Ethereum for the First Time for Digital Art Sale
Christie’s, the world’s leading auction house established in 1766, will start accepting the cryptocurrency Ethereum (ETH) as payment. This decision came following the announcement that it will auction a work by Beeple, “Everydays: The First 5000 Days,” in a standalone sale that will run from Feb. 25 to March 11. “Christie’s is excited to announce […]
NFTs Carving Out a Niche as Fungibility Plays an Important Role Among Collectible Assets
Digital assets come in many shapes and forms – digital securities, utility tokens, cryptocurrencies, and more. One subset that is rapidly growing in popularity are Non-Fungible Tokens, or ‘NFTs’. The creators of these assets have taken blockchain technology, and implemented it in such a way that holds great appeal to collectors by changing the way […]
Elon Musk on Tesla Buying Bitcoin: One Would be a Fool to Remain in Fiat Currency
Tesla CEO Elon Musk defended the company’s $1.5 billion investment in Bitcoin, saying it is better than cash, though slightly at best. But even that is enough to make this shift to a digital currency. ”Bitcoin is almost as bs as fiat money. The key word is “almost,”’ said Musk in a tweet. “However, when […]
Cardano price (ADA) primed to soar ahead of upgrade
From Bitcoin (BTC) setting a new all-time high to Ripple (XRP) sliding to seventh in market cap, here are the exciting developments happened in the crypto sector this week Cardano on the verge of launching the Mary Upgrade The clock is running on the launch of Cardano’s Mary hard fork. The Hard Fork Combinator is […]
You Can Now Trade Synthetic Stocks, Including TSLA, 24/7
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. In a recent announcement, Synthetix, the widely popular derivatives liquidity protocol headquartered in Sydney, Australia, made official its plans to include the stocks of Tesla (TSLA) in its growing list of Synths. The resolution […]
Binance Coin price: BNB spikes 54% to $283, flipping Tether (USDT)
BNB is now the 3rd largest cryptocurrency after soaring 54% to reach a new all-time high of $283 Binance Coin (BNB) continued its remarkable price rally today, surging by a massive 54% to reach a new all-time high of $283. The BNB token has so far skyrocketed 112% over the past week. But that is […]
