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, Mastercard, a global leader in the payments technology industry, declared its plans to start supporting select cryptocurrencies directly on its network. For reasons obvious, crypto and payment industry experts are […]
Category: STO News
Lindsay Lohan Wants You to Buy Her NFT on Ethereum, Because ‘Bitcoin is the Future’
“Bitcoin to the moon,” tweeted actress Lindsay Lohan, which received a lot of interest from the crypto community and, at the same time, sent the price of Bitcoin reeling to $43,750, but it’s all better now as today we are back above $47,800. However, soon Lohan’s vision of Bitcoins’ future revealed her mission. “Bitcoin is the […]
BNY Mellon Launches ‘Digital Asset Unit’ – Will Offer Custodial and Issuance Services
A snowball effect seems to be occurring as entries in to the digital asset sector are occurring at an increasingly rapid pace. Today, banking giant, BNY Mellon, has announced the creation of its very own ‘Digital Assets Unit’. Digital Assets Unit This unit is said by BNY Mellon to be actively developing a ‘multi-asset digital […]
DEX Balancer Raises $5 Million Ahead of its V2 Launch Next Month
DeFi protocol, Balancer, has secured an investment of $5 million from Three Arrows Capital and DeFiance Capital, both of which will be key strategic partners in its expansion in Asia. The popular DEX also has Pantera Capital and Alameda Research as its investors, which directly purchased BAL tokens from the Balancer Labs treasury, bringing its […]
America’s Oldest Banking Giant, BNY Mellon, to Hold and Transfer Bitcoin & Other Cryptos Including Stablecoins
Bank of New York Mellon Corp., the oldest bank in the US, which boasts of $2 trillion assets under management (AUM), has finally jumped on the cryptocurrency bandwagon. This move is made following a shift in sentiments and regulatory clarity regarding cryptocurrencies and because “Digital assets are the future.” “We’re experiencing heightened interest from current clients […]
Why the Media’s Eco-Driven Attack on Tesla’s BTC Purchase Fails
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. When the media narrative coalesces around identical talking points, it pays to examine the underlying assumptions. Does it make sense to besmirch Elon Musk’s Bitcoin acquisition because miners consume as much energy as “insert […]
Matic Network Strategically Rebrands to ‘Polygon’ in a Bid to Build the Best Ethereum Layer 2 Solutions
Matic Network rebrands to ‘Polygon’ and expands their strategic technological mission of providing faster layer 2 solutions for Ethereum blockchain. Polygon, formerly Matic Network, announced its pivoting in a shift to enable Ethereum to compete with its rival, Polkadot, by building robust, fast and efficient multi-chain solutions. According to a blog post, the Indian-based startup […]
French Regulator Proposes New Regulations And Pilot Programs For Blockchains & Crypto
In a speech by Robert Ophèle, Autorité des Marchés Financiers (AMF) Chairman, during the 5th Annual Fintech and Regulation Afore Consulting conference, French regulators need to take a step forward in pilot programs and creating new laws to govern distributed ledger technology (DLT) and blockchain across the EU. Ophèle further acknowledged the “digital acceleration” in […]
Congress Questions DLive Executives and Justin Sun on the Social App’s Role in the Capitol Riots
The United States Congress sent out a letter addressed to DLive CEO, Charles Wayn, and its holding company BitTorrent’s CEO, Justin Sun condemning the videos and content streamed through their decentralized social media app, DLive. The video streaming platform offers users a greater sense of privacy than its counterparts such as YouTube, Twitch, Instagram, or […]
Yearn Finance Uses Treasury to Mints 9.7M DAI to Repay yDAI Vault Hack Victims
According to the official Twitter account, the team created a Maker vault and deposited over YFI tokens from its Treasury that was just voted to increase supply by 6,666 to mint yDAI. The 14th largest decentralized finance (DeFi) project, Yearn Finance, announced this Tuesday that victims of the $11 million DAI hack in its yDAI […]
