ChainLink price could break towards $30 if price action maintains its upward trajectory from the weekend The price of LINK, the native crypto token on the decentralized oracle protocol, had retreated nearly 8% since touching an all-time high of $26.90 on 5 February 2021. Developer activity The cryptocurrency’s price has, however, moved above $25 and […]
Category: STO News
Malaysia’s Kenanga Investment Bank Acquires 19% Stake in Tokenize
The financial firm entered into a conditional agreement to invest in crypto trading services provider, Tokenize Xchange.
Linkin Park & Fort Minor’s Mike Shinoda Mints His First NFT ‘One Hundredth Stream’
Mike Shinoda, the co-founder of American rock band Linkin Park and one of the band’s vocalists, has minted his very first non-fungible token (NFT). Called “One Hundredth Stream,” the NFT was shared by him late Friday. The last bid, 11th on the NFT, is of 7 WETH, which values at $11,389 at the time of […]
DeFi Money Market DAO Shutting Down; DMG Token Falls off a Cliff
DeFi Money Market DAO, DMM is ceasing its operations following the regulatory inquiries. The team announced late on Friday that “DMM regrets the necessity of this action,” but mToken minting will no longer be available, effective immediately. The redemption of mToken, however, will be available for an indefinite time period. But the interest rate on mTokens […]
Bitfinex has Repaid the $850 Million Loan Owed to Tether in ‘Full’ and ‘Early’
Cryptocurrency exchange Bitfinex has repaid the remaining balance of $550 million of the outstanding loan to Tether, which was the center of allegations of fraud made by the New York Attorney General (NYAG). The payment has been made in fiat currency by Bitfinex, which was wired to Tether’s bank account in January. The loan and […]
DeFi Outgrowing Ethereum, Time for DeFi Mania to Move On to Other Layer 1 Solutions?
For the last two days, the average fees in USD on the Ethereum network have been at a new all-time high of about $23.8. Today, it has fallen to $21.7. This resulted in a whopping $60 million paid in ETH tx during the past 48 hours. On Friday, Ethereum miners earned $3.5M in a single […]
Investing In Aave (AAVE) – Everything You Need to Know
Aave is a decentralized lending system that helped drive interests in the DeFi sector to new heights. This next-gen protocol was one of the first to enable users to lend, borrow and earn interest on crypto assets. Best of all, there is no need for a middleman when you use Aave because the entire system […]
Mark Cuban to Wallstreetbets: Hold GME if You Can
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. In the midst of the unprecedented GME short squeeze, Mark Cuban joined the Reddit group that spearheaded the entire movement. In one of his AMA sessions on WallStreetBets, he said that “ WSB changed […]
Tether Freezes 1.7 Million USDT Out of the 2.7 Mln Stolen in Yearn DAI v1 Vault Exploit
Less than 24 hours back, core Yearn developer “Banteg” reported an exploit of the v1 yDAI vault, and today Tether CTO Paolo Ardoino did what the company has been doing for a long time now, freezing the stolen assets. “Tether just froze 1.7M USDt stolen as part of the hack of Yearn DAI v1 vault,” […]
Bitfinex Ends Tether Loan Saga with $550 Million Repayment
Bitfinex stated that the last repayment was also made entirely in fiat currency, which adds more backing to USDT tokens.
