This week as we reported, China Police seized more than $4.2 billion worth of the crypto asset from the PulsToken Ponzi scheme. However, it was the officials informing the public, as the crypto market has known all along, about how and where these funds have been moving thanks to the transparency of the blockchain technology. […]
Category: STO News
4 Growth Stocks Billionaires are Backing
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. 2020 is wrapping up and with it hopefully the end of a very volatile period. There is much to look forward to for investors, even if economic uncertainty is still present. We are indeed […]
Chinese Police Won’t Return the $4.2B Seized PlusToken Funds; ‘Forfeit to the National Treasury’
PlusToken is back to worry the market. However, it is worth noting that many of the funds scammed by this Ponzi scheme have been getting sold over the years. It has been more than 100 days, over three months, since these funds have been moved. “This is bullish either way,” commented Su Zhu, the CEO […]
Investing In Waves – Everything You Need to Know
Waves is a blockchain ecosystem that functions as a cryptocurrency, a token launch platform, and a DEX. The developers behind the project sought to introduce a powerful toolset to aid in the development of Web 3.0 decentralized solutions. Their goal was to design an easy to use Ethereum alternative to promote blockchain mass adoption. To […]
Russia Proposes Tax Code Changes; Digital Financial Assets to be Classified as Property
The prime minister of Russia, Mikhail Mishustin, has said that the government is considering categorizing digital financial assets (DFA) as a form of property. Mikhail, who was speaking at a recent Russian government session, noted that the authorities intend to forge a path for a civilized local crypto market. According to a transcript of the […]
Ripple would perform with XRP as a security – CEO claims
Ripple CEO believes the company’s operations would not be affected even if XRP is declared as a security Ripple has been a subject of debate in the last few months as its future in the US remains unclear. The company’s chief executive Brad Garlinghouse previously declared that Ripple would relocate if the regulatory environment around […]
Chinese Police Seize over $4.2 Billion from PlusToken Proceeds
The scheme has defrauded 2.6 million investors of over $11 billion.
Sygnum to Tokenize Primary and Secondary Market Offerings
The company is aiming to connect SMEs and new companies with investors.
DeFi indexes lack diversify — analyst claims
New research shows indexes based on DeFI tokens are not diversified enough for the advanced investor The research claims that indexes have overexposure to a few DeFi tokens, which invalidates the whole point of diversification. This makes them ‘poor’ investment options for advanced investors looking to manage their risks. The DeFi boom seen in the […]
Uniswap trading volumes holding steady despite liquidity leak
Uniswap is moving down the rankings as the exchange continues to bleed liquidity after the end of its farming period The former world leading decentralised exchange by volume has now moved down to the fifth place in the rankings. The exchange has continued leaking liquidity since the end of farming on 17 November. Uniswap has […]
