After all that occurred last week between Wall Street Bets and Robinhood, the retail traders who make up what’s been described by some supporters like Reddit founder as “revolution” recognize the need for decentralization. “You can’t beat Wall Street using Wall Street. Switch to Bitcoin and watch the powerful become powerless,” tweeted WSBChairman to his […]
Category: STO News
Top Crypto Exchange Launches Binance Pay for Swift Cryptocurrency Payments
Binance CEO, Changpeng Zhao, says the company launched a payment service “quietly” over the weekend. The service hopes to rival PayPal in the growing crypto payments industry. Binance is forging ahead in its plan to have more people use crypto. To get this mission onboard, the world’s largest crypto exchange by trading volume launched a […]
Visa to Act as Bridging Service with ‘Crypto API Suite’, Allowing Traditional Banks to Buy/Sell Digital Assets
Hype surrounding digital assets like Bitcoin does not appear to be dying down – and with good reason. Since the start of 2020, we have seen multiple announcements indicative of, and fueling, institutional adoption of digital assets (ETF applications, IPOs, etcetera). Today, payment processing giant, Visa, is making headlines again as the company announces its […]
First Tether (USDT) Minted on Solana; Stablecoin USDC Launched on Stellar
Stablecoin issues Tether first announced during the summer of 2020 that it had launched its USDT coin on Layer 1 blockchain Solana, which claims to be faster and cheaper than Ethereum. Now, the first USDT has been finally minted on the Solana blockchain, as announced by Paolo Ardoino on Twitter late on Tuesday. Tether, the […]
Yearn Finance Mints 6,666 YFI Tokens ($225M) After Supply Proposal Vote Passes
Andre Cronje goes back on his “fair release” mantra. The proposal aims to keep key contributors and attract new talents Yearn Finance stakeholders have uniformly passed a proposal seeking to increase the amount of YFI tokens currently in the market. The proposal was initiated after Yearn Finance’s creator, Andre Cronje, made a medium post on […]
Balancer Announces V2 Upgrade With Protocol Vaults and Scalability Features
Popular decentralized finance (DeFi) project, Balancer, has announced a new update to its protocol. The protocol has rejiggered its protocol to answer some of the burning needs of the DeFi space in the hope of improving its overall service. Switching to a Single Vault Balancer’s V2 upgrade will see an architectural change through a generalized […]
These Central Banks are Showing Growing Interest in Bitcoin
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. It is only a month into 2021, and we are already seeing a tremendous upheaval in how the economy operates. After the tumultuous year that is 2020, we continue to experience changes in the […]
Investing In Dogecoin – Everything You Need to Know
Dogecoin is a first-generation cryptocurrency that can be used to transfer value globally in a secure manner. Famously, Dogecoin features the Shiba Inu from popular internet memes. The decision to use this character was brought on by the developer’s desire to keep the project light-hearted. Like Bitcoin and Litecoin, the main purpose of this coin […]
Digital Assets Lender, Nexo, Rolls Out Crypto Exchange Platform With Instant Swaps
Nexo, a Cryptocurrency lending platform, announces its new exchange service that provides 75+ cryptocurrency trading pairs on its mobile application. The exchange comes with a “Smart Routing” system to minimize slippage cases and guarantee the best price swaps. In an announcement this Monday, leading regulated digital assets lender Nexo launched its in-built Nexo exchange service, […]
RenVM Ready for ‘New Frontiers’ with Alameda Research Partnership
DeFi protocol Ren that enables the permissionless and private transfer of value between blockchains has joined hands with Alameda, a quantitative crypto trading firm founded by FTX founder and CEO Sam Bankman-Fried. This partnership will prioritize Solana’s support in Ren’s Multichain libraries and in RenVM, Ren’s core product that brings interoperability to DeFi. The team […]
