Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Just when you would think GameStop’s trading war is about to simmer down, it intensifies. Although its ultimate end is quite predictable, the fact it happened at all reveals important insights. Among them is […]
Category: STO News
Privacy-Focused Messenger, Signal, is Testing Crypto Payments Using A Stellar-based Project
One of the many exciting aspects of the technology industry has been watching it adapt due to changing global trends in the past year. The world was plunged into uncertainty when the coronavirus hit, and everyone had to stay home. However, Zoom, Amazon, and Netflix – among others – stepped in and kept users sane. […]
American Cancer Society Debuts a Crypto-Only Fund; Sets A Goal of Raising $1 Million
The American Cancer Society (ACS) has launched a crypto-only fund in collaboration with The Giving Block, a crypto-focused firm that facilitates donations to non-profit organizations. According to the website announcement, ACS intends to raise as much as $1 million within the first quarter of 2021. All the funds will be allocated to funding critical cancer […]
USV set to allocate 30% of its core fund to crypto
New York-based Union Square Venture expects to inject a notable fraction of its freshly minted fund into the crypto space The venture capital firm announced in a blog it was looking to allocate almost a third of its new $250 million core fund to the acquisition of crypto assets. USV has come a long way […]
Marijuana Stocks to Watch in Early 2021
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Both benefiting from mergers, Aphria and Canopy Growth still have to deal with legal uncertainty. By holding both Houses of Congress, President Biden now has the power to enact federal drug reform. If he […]
Philippines’ Central Bank Issues New Guidelines to Curtail Money Laundering Among Virtual Asset Service Providers (VASPs)
Local Philippines news source, the Philippine Daily Enquirer, has reported this week that the country’s central bank now requires Crypto financial service firms to be fully licensed with the BSP. This is according to a released document from the BSP, which was issued January 25th, that stipulated that VASPs will need to have a ‘certificate […]
Pioneering Crypto Bank, Sygnum, Launches Bitcoin and Ethereum Options Contracts
Digital asset bank Sygnum has launched over-the-counter (OTC) cryptocurrency options for customers, per its official press release. Synum received regulatory approval from the Swiss Financial Market Supervisory Authority (FINMA) in September 2020, allowing the bank to offer regulated digital asset trading services. Sophisticated Trades and Premiums The crypto bank says the new asset offering would […]
Blockchain Payment Firm, Wyre, Gets A $5M Investment From Stellar Development Foundation
In a press statement shared with BitcoinExchangeGuide, the foundation stated that it is investing $5 million worth of Enterprise Funds that will help introduce various payment application programming interfaces, commonly known as APIs, which can integrate with different apps within the Stellar ecosystem. The foundation also explained that on/off ramps for Stellar USDC will also […]
Nasdaq-listed Chinese Gaming Company, The9, to Buy 26k Bitcoin Mining Machines
China-based Nasdaq-listed Internet company The9 Limited is diversifying its business with Bitcoin. On Monday, the company announced that it had signed five legally binding Memorandum of Understanding (MOUs) with Bitcoin mining machine owners to purchase BTC mining machines. To acquire 26,007 Bitcoin mining machines, the company will accomplish a hash rate of 549PH/S, accounting for […]
Gemini Exchange Adds Singapore Dollar & Trading Pairs in Asian Market Push
With cryptocurrencies gaining traction worldwide, companies in the industry are also seizing the opportunity to push borders. Gemini, the cryptocurrency exchange from the Winklevoss Twins, is the latest firm to announce a major expansion play. Hello, Singapore Yesterday, the exchange announced that it had expanded its operations to Singapore, setting itself up for bigger operations […]
