Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. What insiders already suspected, the former governor of the People’s Bank of China (PBoC) confirmed at the recent Eurasia Forum conference. The Chinese version of digital currency will primarily focus on preventing the “dollarization” […]
Category: STO News
Huawei’s Flagship Phone, Mate 40, Will Support China’s Digital Currency Wallet On Launch
Huawei announces support for the upcoming Chinese central bank digital currency in its upcoming flagship smartphone, Mate 40. The smartphone will include a hardware wallet for the digital renminbi, a Weibo post stated. The Chinese digital currency electronic payment (DC/EP) project was launched back in 2014, but tests only took to the public earlier this […]
Blockchain-Based Music Streaming Platform, Audius, Moves to Solana Due to Scaling Issues on Ethereum
Audius, a blockchain-based music streaming platform, announces its switch to Solana blockchain from its POA Network. This is due to the high gas costs and scalability issues on the Ethereum blockchain. However, the native token – AUDIO – the platform’s governance and staking systems will continue running on Ethereum. 1/ @AudiusProject just announced their plan […]
Harvest Finance Increases Bounty to $1 Million to Track the Attacker Who Stole $33.8M
Early Monday, the latest decentralized finance (DeFi) project Harvest Finance, was exploited. It was estimated that $33.8 million of the funds, about 3.2% of the total value locked in the protocol before the attack, was lost. A couple of days before the attack, the project’s TVL surpassed $1 billion, which has now come down to […]
In Q3 Ripple Paid Out Over $9M in XRP to Its Strategic Partner, MoneyGram; A 38% Drop Over Q2
The blockchain-focused startup, Ripple Inc. continues to funnel millions of dollars’ worth of XRP to global remittance firm, MoneyGram. The San Francisco-based firm channeled $9.3 million in XRP tokens to MoneyGram over the third quarter of 2020, representing a $5 million decrease from the previous quarter. The latest MoneyGram financial results released on Thursday show […]
Harvest Finance sets $1M bounty for recovery of stolen funds
Harvest Finance suffered a huge loss of $34 million at the beginning of this week and is offering a reward to track down the attacker The $1 million bounty will be paid to anyone who provides hard evidence that leads to recovering the stolen funds. Harvest Finance initially offered two rewards but seeing as nothing […]
Wrapped crypto tokens contribute to Bitcoin rally
The Bitcoin price has been rallying in recent weeks, and one of the significant contributors are wrapped crypto tokens Bitcoin is currently rallying and operating at a level last seen since 2018. The price of the leading cryptocurrency is currently trading around the $13,500 region after attempting the $14k mark a few days ago. ` […]
ChainLink price analysis: LINK vulnerable if Bitcoin fails to hold above $13,000
If Bitcoin tanks below $13,000, LINK/USD will likely fall to prices below $10.00 ChainLink’s downward action threatens to wipe all the gains made since the rally to highs of $19.81 seen in August. At the time of writing, ChainLink bulls are struggling to defend the area around $11.00, with the price down 6.6% in the […]
Security Token Issuance Firm Ignium Partners With Estonian Fundraising Platform
Ignium and Fundwise have partnered to provide a security token-based fundraising solution.
Ethereum Developer ConsenSys Partners with Thailand’s Central Bank & French Bank for Retail CBDC
ConsenSys has joined the Bank of Thailand as its technology partner to develop and test a prototype for central bank digital currency (CBDC). Other partners include SCG and Digital Ventures (DV). As per the announcement, the CBDC will be tested and issued using ERC20 smart contracts. In partnership with Atato, it will “architect a solution […]
