Zcash (ZEC) is a popular cryptocurrency and decentralized blockchain. The network is known for its focus on privacy. Zcash was the first coin to provide true anonymity on a public blockchain. This peer-to-peer network incorporates a combination of strategies to remain valuable including a capped supply, privacy options, and fungibility. What Problems Does Zcash (ZEC) […]
Category: STO News
R3 Bought at Least $240 Million Worth XRP, SEC Lawsuit Shows
The company bought 1.04 billion XRP tokens in 2019 as a part of a settlement.
Cryptocurrency Market Sees $1 Billion USD of Real Capital Flowing Out of Altcoins
XRP has taken the entire crypto market down with it. The cryptocurrency carnage that occurred on late Wednesday night wiped out about $62 billion from the market. XRP has lost 63.5% of its value since Monday when Ripple CEO Brad Garlinghouse tweeted that SEC is going to sue them for selling unregistered securities in 2013. […]
Publicly-Traded Canadian FinTech Company Invests 1.5% of its Assets into Bitcoin
Canadian Fintech company MOGO is investing $1.5 million in Bitcoin. This investment represents the company’s 1.5% assets, as of the end of the third quarter of 2020. But the company is not done with its Bitcoin investment, it plans to do more of it with more of it in 2021. Greg Feller, President, and CFO of […]
Top US Financial Regulators Call for On-Chain Stablecoin KYC
Top US financial regulators issued a statement calling for on-chain stablecoin KYC. The latest statement came just a few days after the fiasco of FinCEN’s proposal to extend anti-money laundering (AML) regulation to non-custodial wallets, for which the regulator is now accepting public comments with a deadline of January 4. Now, regulators are back with […]
SEC chairman resigns three and half years after taking office
Jay Clayton, the Chairman of the Securities and Exchange Commission (SEC), has officially stepped down from office Clayton’s departure was a surprise to many although it was bound to happen sooner or later. He announced in a public statement that yesterday would be his last day in office as the Chairman of the commission. He […]
These Stocks Outperformed Bitcoin in 2020
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Bitcoin may be heralded as a store of value, a digital gold if you will. However, in the last year, it has become a wealth generator. The vast majority of stocks cannot boast to […]
An Analysis of the SEC vs Ripple Labs Inc Complaint
We have reviewed the 71 page SEC complaint against Ripple Labs Inc. and two of its executives. The charges that are outlined in Case 1:20-cv-10832, outline allegations of the plaintiffs selling $1.3 billion through an unregistered, ongoing digital asset securities offering. We outline the major points in the SEC charges along with comments as to […]
Ripple Lawsuit Details Released by SEC, Resulting in Immediate Fallout
Yesterday afternoon, we reported on recent commentary by Ripple CEO, Brad Garlinghouse, indicating that a lawsuit put forth by the SEC would soon be announced. Today, more details have emerged, shedding light on what charges are being laid, in addition to the associated fallout. The Details Not only is Ripple being charged, but so are […]
Celsius and Theta experience spike as Graph Network stalls
Celsius (CEL) and Theta (THETA) are among crypto’s biggest gainers on the day, while The Graph (GRT) has slowed down Celsius, Theta, and The Graph are among several medium and small-cap altcoins that surged as traders looked to diversify their portfolios away from Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC). While the CEL and THETA […]
