Zcoin, the privacy-focused crypto project, has launched Lelantus testnet as it looks to increase the anonymity features within its ecosystem. The testnet launched on October 20 leverages a burn-and-redeem approach to provide higher privacy for its blockchain transactions, coupled with short confirmation times. Lelantus testnet is now available to the public! Privacy Front and CenterEase […]
Category: STO News
Kik and SEC Find Middle-Ground in Ongoing Trial, Opting for Settlement?
Roughly one month ago, it appeared as though the longstanding battle between the SEC and Kik was nearing a conclusion – in favour of the SEC. Fast forward and recent documents indicate that Kik and the SEC have managed to reach a middle-ground/settlement which would satisfy both parties. The Middle-Ground So what is the middle-ground? […]
Coinbase and Circle Consortium’s USDC Stablecoin is Now Integrated on Solana Blockchain
The Center announced today Solana blockchain as an official Chain for its USDC stablecoin. As an expansion of the “fully-reserved and regulated digital dollar stablecoin,” the Coinbase and Circle consortium went with the new blockchain on which crypto derivatives platform FTX’s DEX Serum is built. “We are excited about the new use cases that USDC […]
SEC Proposes $5 Million Settlement in Kik’s $100 Million Initial Coin Offering (ICO) for KIN
Kik Interactive, the embattled Canadian messaging startup, seems to have finally reached a settlement deal with the SEC regarding its illegal ICO back in 2017. Since the summer of 2019, the two parties in court have gone back and forth, with the latest ruling by a New York judge, favoring the SEC. With barely three […]
Bahamas Central Bank Launches The First Public CBDC, The ‘Sand Dollar’ To Its Citizens
The Bahamas is the first state to launch its central bank digital currency (CBDC). The ‘Sand Dollar’ is available nationwide, allowing users to spend the dollars on any merchant store. The Bahamas central bank announced that the official central bank digital currency (CBDC), dubbed ‘Sand Dollars,’ is now available to all citizens nationwide. The announcement […]
U.S. House of Representatives Passed 11 Blockchain Bills in 2019–20
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Cryptocurrency regulation has been one of the most contentious topics in the world of finance. Authorities and financial bodies have struggled to keep up with the breakneck pace of development. Most have just begun […]
Investors suffer losses from Andre Cronje’s latest project
Excited investors rushing to get a piece 0f Andre Cronje’s latest DeFi project have once again incurred losses It has been about three weeks since Cronje’s name made headlines when a hacker stole $15 million from an unreleased Yearn Finance project he was working on. The project, Eminence (EMN), suffered a huge loss that was […]
Tezos price looking at 20% bounce after holding $2.0 level
XTZ/USD price has declined 5% today but could rebound by more than 20% if bulls maintain upward pressure towards a key level The price of Tezos’ token XTZ is changing hands around $2.13, up from 24 – hour lows of $2.04 registered yesterday. The token’s price however remains nearly 5% down during this period. The […]
3 Pet Stocks With Over 20% Growth Potential
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Coping with social distancing and self-isolation rules is a daunting task for many people. Some find solace in watching TV shows and movies on streaming platforms. Others find refuge in long video-gaming sessions. However, […]
French Finance Minister Criticizes Crypto But Praises The Underlying “Transparency” of Blockchain Technology
French Finance minister accepts blockchain technology’s brilliance but dismisses cryptocurrency assets as a facilitator of illicit activities and terrorist financing. Earlier in the year, the French Economy, Finance and Recovery minister, Bruno Le Maire, suggested that European Union member states, need to come up with rules and regulations that can be used in the zone […]