Compound (COMP) bulls need to surmount seller congestion around $140 to maintain the upward trajectory Compound needs to break above a major resistance area if bulls are to continue on an uptrend that could see them retest the $160 price level. However, the last several hours have seen sellers’ refusal to cede ground restrict action […]
Category: STO News
Bitcoin Continues Trend as Treasury Asset, Now with Real Vision
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The trend of Bitcoin becoming a reserve currency continues. Real Vision, on-demand financial TV covering the world of business and economy, put aside 10% of its cash holdings in the form of Bitcoin. According […]
ErisX Launches Cash-Settled Contracts to Help Limit Investors Exposure to Market Volatility
The cryptocurrency derivatives platform ErisX has now introduced cash-settled bounded futures to protect against market volatility and enable short positions in the crypto market. Chief Executive Officer of ErisX Thomas Chippas said the firm wants to encourage traders interested in trading spot Bitcoin. By adding physically settled futures to the platform, traders will protect the […]
DEX Aggregator 1inch Raises $12M; Plans to Scale Market Outreach, Products, and Team
1inch, the Decentralized Exchange (DEX) aggregator, has secured $12 million in its recently completed series A funding. This round was led by Pantera Capital and attracted other crypto investment heavyweights, including Blockchain Capital, Spartan Capital Securities, Struck Capital Fabric Ventures, and ParaFi Capital. Alexander Pack, Kain Warwick, and Josh Hannah also contributed to the 1inch […]
OKEx Recent Issues ‘Exposed Weaknesses in Internal Processes’ But Working on Correcting Them
On October 16th, OKEX users were shocked as the exchange unexpectedly halted all cryptocurrency withdrawals on the platform – stretching the halt to over a month. After the “normal withdrawal services” were resumed on November 26th, OKEX CEO Jay Hao joined a live Ask Me Anything (AMA) session on the official 27,000+member Telegram channel to […]
Nexus Mutual Expands Beyond DeFi, Now Provides Insurance Cover for CeFi
DeFi insurance provider Nexus Mutual has announced Custody Cover’s launch for the users of centralized exchanges and custodians. This means users can now purchase the insurance cover for the funds put into an organization to safely keep their crypto assets’ private keys on behalf of them. It will cover the users if the custodian gets […]
DeFi Rug Pull Scam Steals $11 Million in Crypto Tokens; $50K Bounty Set On C3PR’s Developers
The wild west of decentralized finance (DeFi) is full of scams and rug pulls, yet another bunch of investors lose millions. On Tuesday, a DeFi project labeled ‘Compounder Finance’ made away with over $10.8 million in investors’ funds in a rug pull as the developers exploited a hidden back door in the smart contract. What’s […]
Visa’s Latest Partnership Exposes 60 Million Merchants to Crypto
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Forbes reported on Dec. 2 that Visa would partner with Circle to integrate USDC into its payments network. This is a move of considerable importance in the crypto space. Visa is a predominant player, […]
BIS Announces Successful Testing of CBDC Project Helvetia with SNB and SIX
The new project enables integration between tokenised digital assets and central bank money.
Uniswap and Synthetix tokens surge as DeFi pumps
Uniswap (UNI) is looking to break above resistance at $4.00 while the Synthetix (SNX) token is consolidating gains above $5.00 as bulls target $7.20 Uniswap and Synthetix tokens are among governance tokens looking to outperform the rest of the DeFi market. UNI is trading near $3.90, up nearly 5% in the past 24 hours. Meanwhile, […]
