The STO will be conducted through an open source blockchain platform called Ibet
Category: STO News
DeFi Benefiting from Renewed Risk Appetite, YFI Enjoying a 30% Turnaround
There have been rumors floating on the Crypto Twitter that the creator of the DeFi darling YFI, Andre Cronje, has “permanently left the lead of development and possibly the project after reports he fell in depression.” Some even say, “the YFI Team is trying to mitigate the situation with a cover-up.” However, CL, who works […]
3 Best Stocks to Buy with $500 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. Tech stocks have provided some of the best returns in the past two decades. They have also brought some risks, but in general, technology is among the best performing sectors. Just take a look […]
Christie’s Auctions its First NFT Bitcoin Artwork ‘Block 21’ at 7x the Estimated Price
Block 21 was sold last yesterday for $131,250 at an auction at Christie’s, 7x higher than the estimated price of $12,000 – $18,000. “This work is accompanied by an OpenDime hardware key,” reads the official page. The no-fungible token (NFT) with GMT encoded states was the first one to be sold at a major auction […]
Coinbase, Huobi, & Dragonfly Invest $500k into Uniswap Rival Using Decentralized Oracles, CoFix
CoFix, a decentralized exchange (DEX) focused on solving the pricing issues in the DeFi ecosystem, has received funding of $500,000 from prominent crypto firms, including Huobi, Dragonfly Capital, and Coinbase. The project, founded in March by a China domiciled team, is set to launch tomorrow as it looks to disrupt the DEX market with its […]
Solana Targets Ethereum’s Scalability Issue by Introducing a Bridge called Wormhole
After launching DEX Serum, Solana Blockchain is now going for the heart of the problem. Today, Wormhole – a secure, trustless bridge connecting Ethereum to Solana is announced. With the DeFi frenzy, up until a few weeks ago, pushing the activity on Ethereum to new highs — fees to skyrocket and the network to clog […]
South Korea’s Central Bank to Test Digital Won Distribution In 2021; CBDC’s Are Gaining Momentum
The Central Bank of South Korea has announced that it will commence the distribution phase of its CBDC next year, marking the final stretch of the 22-month scheduled initiative. First reported by the Korea Herald, the Bank of Korea (BOK) intends to run the distribution of its blockchain-based CBDC up to December 2021. This will […]
Stablecoin Market Cap Now Equivalent to Entire Crypto Market Cap in Early 2017
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Five years after Bitcoin (BTC) forever changed our perception of money, the bandage for cryptocurrency volatility emerged in the form of stablecoins. Launched in 2014, Tether (USDT) surpassed a $15 billion market cap this […]
Denelle Dixon, CEO of the Stellar Development Foundation – Interview Series
Denelle Dixon is the CEO and executive director of the Stellar Development Foundation — a nonprofit organization that supports the development and growth of Stellar, an open-source blockchain network that connects the world’s financial infrastructure. You were previously involved with Mozilla, having joined in 2012 as an Associate General Counsel and you rose through the ranks to eventually become the COO. What did […]
Is FTX CEO Accelerating the Deep DeFi Rout?
After going through a deep pullback in the past month, most of the DeFi tokens struggle to let go of the losses. Although the news of Square buying $50,000,000 worth of BTC has sent the market into a tisy, not all coins are moving out of the red. Coins like UNI (+22%), LRC (+13.5%), and […]
