Kucoin crypto exchange has announced that it is making a debut into the Non-fungible token (NFT) market through Pool-X, the exchange’s liquidity trading platform. According to the announcement, Kucoin will roll out its NFT exchange within the next few months. Meanwhile, the exchange has already opened an NFT deposit service through Dego.Finance NFT assets. NFT’s […]
Category: STO News
IBM Granted Blockchain Gaming Consensus Patent For Massively Multiplayer Online (MMO) Games
Tech giant IBM has secured a blockchain-based gaming protocol patent from the United States Patent and Trademark Office (USPTO). The patent, which was published today, was granted to IBM last week; and focuses on the multi-player games that are played online. Notably, IBM had filed for the patent back in 2018 and has previously hinted […]
Euro Rises and USD Weakens as Biden Reveals Initial Plans
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. After Pfizer/BioNTech announced their mRNA vaccine as 90% effective, Moderna one-upped them with a 94.5% covid-prevention figure. At the same time, the US post-election period yielded no major social upset. However, the US election […]
Crypto Network Fees on the Rise After DeFi Sees Signs of Another Parabolic Action
DeFi is popping again. After two months of downward price action, DeFi tokens are bouncing back. The market cap of DeFi governance tokens that bottomed on Nov. 4 at just under $5 billion has managed to now double, at $10.2 million, in aggregate market cap in less than two weeks. Source: CoinMetrics Total notional value […]
Uniswap’s liquidity dips 44% as UNI farming ends
Uniswap is no longer the leading decentralised exchange after losing over $1 billion in liquidity Uniswap has lost over $1 billion collateral in the last 24 hours. The TVL (total value locked) in the platform has plunged by 44%. Consequently, the platform has lost its top spot in the list of DEXes with the highest […]
Origin Dollar loses $7M in latest hack
Stablecoin project Origin Dollar revealed that it has suffered a flash loan attack and lost $7 million in the process The Origin Protocol team announced yesterday that it has suffered a hack and lost $7 million to malicious attackers. Origin Dollar (OUSD) tags itself as the first stablecoin that earns a yield while still in […]
Fidelity Digital Assets Addresses Common Criticisms And Misconceptions On Bitcoin (BTC)
Fidelity Digital Assets responds to common criticisms and misconceptions about BTC. “Bitcoin chose scarcity and decentralization over its payment features.” The top cryptocurrency will not be replaced easily. Cryptocurrency critics calling out about the market being in a bubble and oncoming failure for most of these tokens. As the top cryptocurrency, Bitcoin (BTC) has faced […]
Uniswap (UNI) Farming to End Today, Billions of Dollars to be Released
Launched in the mid of September, the governance token of DEX Uniswap, UNI, is currently down over 10%. In the first week of November, the DeFi token crashed 72% from its all-time high, achieved right after its launch. Since then, the 26th largest cryptocurrency by market cap of $803 million has doubled in value, trading […]
Citibank Executive: Economy Could Drive Bitcoin to $318,000 by December 2021
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. On November 14, Twitter user classicmacro published a report put together by Citibank senior executive Thomas Fitzpatrick. It showcased a clear bullish sentiment for Bitcoin, which has been experiencing a few strong months. The […]
Big Bitcoin Scams to Avoid for 2020
This year brought considerable growth to the crypto community. In particular, Bitcoin regained much of its lost value and is on its way to fresh new all-time highs. Along with this added value comes a host of Bitcoin scams. Unfortunately, the unregulated and private nature of the market makes it ideal for scammers seeking to […]
