Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Interactive Brokers Group will purchase the retail segment from Folio Investments, according to reports published on December 4. The segment is a part of Folio Financial, which investment bank Goldman Sachs purchased in September […]
Category: STO News
Grayscale Seeing New Group of Investors Seeking Ethereum as a First & Only Asset
While Bitcoin continues to rule the cryptocurrency market, the second-largest crypto Ethereum also sees a lot of traction. According to Michael Sonnenshein, managing director at Grayscale Investments, which caters to institutional and accredited investors only, up until 2020, most investors’ first stop was Bitcoin. But now, the most actively used blockchain in the world and […]
DEX Aggregator 1inch’s Latest Feature Enables Everyone to Transact Privately
DEX aggregator 1inch.exchange announced a new “killer” feature of private transactions on late Friday or early Saturday. To allow everyone to transact privately, 1inch will connect the user straight to their miner network instead of getting them waiting in mempool. However, the feature isn’t supported on Metamask. “No more front-running,” tweeted the exchange as it […]
Ethereum Transaction Volume & Daily Active Wallets Took a Hit in November: DappRadar
November was a shaky month for Ethereum as it prepared for the launch of ETH 2.0. Amidst the excitement for the next phase, the total value locked in Ethereum DeFi showed erratic movements. But the increase in prices helped TVL reach $13 billion by the end of the month, while adjusted TVL was around $11 […]
Binance Backed Layer-2 DEX, Injective Protocol, Launches Solstice Testnet
Injective Protocol, the Binance backed cross-chain DeFi derivatives trading platform, is launching its testnet according to a publication on TechCrunch yesterday. This milestone comes as a significant step in the DeFi derivative market where action has been picking up in recent months; Injective Protocol plans to bridge the existing gap between chains so that derivative […]
BIS Wholesale CBDC Proof-of-Concept in Collaboration with SNB and SIX was A Success
The Bank of International Settlements (BIS), Swiss National Bank (SNB), and SIX Digital Exchange has completed a wholesale CBDC proof-of-concept (PoC), which tested the integration of a CBDC with tokenized assets and the feasibility of linking existing payment networks with Digital Ledgers (DLTs). As earlier reported by BEG, the SNB and BIS were planning to […]
Community could force Ripple Labs to burn its XRP supply
According to Ripple’s CTO, the community could compel the blockchain company to burn its entire XRP holdings David Schwartz, the company’s CTO, asserted that the XRP community has the power to vote for the 48 billion XRP supply to be burnt. Schwartz, who has never shied away from controversial comments, confirmed that validators had a […]
USD Falls to 31-Month Low vs. Euro as Future Lacks Optimism
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The US dollar is experiencing a tumultuous period, and has hit a particularly bad patch this week. It appears there is still a lot of uncertainty surrounding the currency. At the same time, other […]
DeFi Leader, Aave, Rolls Out V2; Adding ‘Collateral Swaps’ to Reduce Loan Liquidations
Aave, a decentralized lending platform, launches Version 2 (Aave v2), bringing along a slew of new features to build more efficient decentralized lending solutions. While the added features all bring better efficiency to the platform, the new collateral swap feature is the poster boy for the Aave v2 launch on Thursday. It’s the moment we’ve […]
KuCoin missed an opportunity in Bitcoin’s bull market
KuCoin may have missed on the biggest market opportunity of the year KuCoin, the Singapore-based cryptocurrency exchange was hacked on 25 September, losing about $280 million. The exchange’s chief executive Johnny Lyu confirmed via a tweet that the exchange had managed to recover $235 million (about 84%) of the stolen assets by 11 November. In […]
