Crypto Exchange Bithumb to Be Acquired By South Korean Gaming Giant, Nexon, for $460M

South Korean cryptocurrency exchange Bithumb wants to put a troubling 2020 behind it and look to the future. It appears that the company’s plans also involve new owners. Per local news sources, multi-billion-dollar gaming company Nexon is in advanced talks to purchase the exchange outrightly. Time to Move On Nexon’s chief executive Kim Seoung-Ju is […]

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BitMex and ShapeShift Taking Different Approaches Towards KYC

Throughout most nations in the world, companies dealing with financial products are responsible for gathering identifying information on their clientele.  The purpose of this practice is typically to discourage and track illegal activity, such as money laundering – protecting investors and service providers alike. This identifying information usually extends to include documentation such as the […]

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Bitcoin Mining Revenue Has Now Reached Over $1.3 Million, Each Hour

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Streamlined by new mining rigs, the cost-effectiveness of mining increases alongside Bitcoin’s bullrun. Not even the halving of the rewards in May to only 6.25 BTC per block could have stopped the increase of […]

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Digital Securities Sector Continues Development, As Spotlight Shines on Cryptocurrencies

As of late, a spotlight has been put on cryptocurrencies like Bitcoin, Ethereum, Litecoin, etcetera – and for good reason.  These assets boast the potential to change the way we transact and store value, and institutions are beginning to realize it.  While this has been occurring though, development of the digital securities sector has continued. […]

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3 Top Growth Stocks in January 2021

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Many investors consider companies with strong return potential as a good part of their portfolio. The trick, of course, is knowing which ones to pick. No investor can guarantee what the best growth stocks […]

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Tron & BitGo Launch Wrapped Bitcoin (WBTC) And Ethereum (WETH) On Its Blockchain

Bitgo, the sole custodian of wrapped Bitcoin (wBTC) and wrapped Ethereum (wETH) introduces the synthetic tokens to the Tron ecosystem. Tron becomes the second blockchain to welcome Bitgo’s synthetic tokens after Ethereum. Bitgo, a US-based digital assets custodian, announced a partnership with the Tron Foundation to integrate Bitcoin and Ethereum synthetic tokens, wBTC and wETH, […]

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