Liquidity is the oft-noted promise and allure behind digital securities. To facilitate this potential, secondary marketplaces are needed, allowing for a platform on which investors can easily buy/sell such assets. One of the sector’s most well-known platforms of this kind, OpenFinance, has just been acquired by INX Limited. In doing so, INX will be able […]
Category: STO News
Bitcoin Sees Highest Miner Revenue Since Jan ’18, but Doesn’t Pass Ethereum
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Bitcoin’s surging popularity is putting its network capacity to the test. As a result, Bitcoin’s transaction fees have almost tripled during this week’s bull run. At the same time, Ethereum reaps DeFi benefits by […]
JPMorgan Deep Dives in Blockchain with Onyx, CEO says the Tech is Now Just Beyond the “Hype Curve”
JPMorgan’s stablecoin JPM Coin is finally being used commercially for the first time. Takis Georgakopoulos, JPMorgan’s global head of wholesale payments, revealed on Tuesday that a major tech firm, whose name is not disclosed, will be using the token to make global payments starting this week. The investment bank that moves more than $6 trillion […]
DeFi Shifts to A Risk-off Environment, But A 2017-like Crypto Rally is Still Far Off
During the recent Bitcoin rally, altcoins suffered losses, and DeFi tokens had an even worse time. Today, as BTC went to the $13,000 level, driven by European lockdowns, the crypto market reported deeper red. This consolidation in BTC could give altcoins a chance to recover, but it’s undecided and remains to be seen. In the […]
Serum Blockchain Launches New Automated Market Maker, Swap, to Challenge Ethereum’s High Fees
Project Serum announces its own automatic market maker (AMM), the Serum Swap, based on the Solana blockchain. This is a direct challenge to the Ethereum blockchain, which has witnessed a lag in transactions and high gas fees as the DeFi application growth exploded in the past few months. The new Serum Swap AMM will work […]
The Best Stocks Under $1 Right Now
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Penny stocks can be a good investment vehicle—if you conduct due diligence. In fact, there are a number of legitimate stocks to consider that are as cheap as $1. The fundamental investment rules apply, […]
Price Update: Litecoin (LTC) and Cardano (ADA)
Litecoin breaks below $58 after testing a critical resistance line while ADA drops below $0.100 While Bitcoin (BTC) has traded higher over the past two days, several large – cap altcoins have struggled to piece together a similar trend. Ethereum broke above $400 but is back below the level, as is XRP that traded at […]
One of the Top Ethereum-based DeFi Protocols, Balancer, to Build on NEAR Blockchain
Balancer Labs becomes the second decentralized finance (DeFi) platform available on NEAR Protocol following the latter blockchain’s mainnet last week. NEAR Protocol is an Ethereum competitor aiming to provide users with a cross-chain platform allowing DApps to migrate functions across blockchains. Balancer, token symbol BAL, is a decentralized protocol that allows users to create programmable […]
Adoption of Blockchain by Banks on the Rise Globally – JP Morgan, United MultiState, DBS
Over the past year, much has been said about central banks and the foray into ‘central bank digital currencies (CBDCs). This was made evident in a recent survey by the Bank for International Settlements (BIS), where it was found that roughly 80% of central banks are in the midst of CBDC development. These central banks […]
Toyota’s IT Subsidiary Set to Launch Digital Token Trial in Collaboration with a Japanese Crypto Exchange, DeCurret
The IT subsidiary of Toyota Motor Corporation, Toyota Systems, is embarking on a digital currency trial scheduled to last for six months. According to the announcement by Toyota Systems, the trial will be run in collaboration with a Japan-based cryptocurrency exchange dubbed ‘DeCurret.’ The latter is set to provide underlying blockchain crypto infrastructure to facilitate […]
