Yesterday, the crypto market took a hit on the news of BitMEX facing criminal charges. Chainlink (LINK) was one of the top cryptos that reacted the most violently, losing 15.3% of its value. At the time of writing, LINK has been trading at $8.95 while managing just about $270 million in ‘real’ volume in the […]
Category: STO News
Decentralized Finance (DeFi) to Usher In The ‘Next Generation of Money Laundering’ – CipherTrace Report
The DeFi boom took everyone by surprise and claimed its significance. According to CipherTrace, regulators are concerned about the booming DeFi sector becoming a home to illicit activists. DeFi hosts no KYC protocol, and it’s susceptible to criminals to manipulate it potentially. The DeFi space is considered in its initial stages, and it’s quite hard […]
Liechtenstein tops PwC’s crypto tax index
PwC has revealed that the increasing interest in cryptocurrency assets from tax authorities shows that cryptocurrencies are now taken seriously The accounting firm giant, PricewaterhouseCoopers (PwC), published its Annual Global Crypto Tax Report 2020 yesterday, revealing some insightful data about tax in the cryptocurrency sector. The report states that since the US, Sweden and the […]
Best Growth Stocks to Buy in October 2020
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Based on their strong fundamentals, space to expand, and trading activity tapping into the institutional investor pool, growth stocks should be a part of every stock trader looking beyond weekly fluctuations. Despite issues with […]
Judge Rules Kik’s 2017 $100M ICO Sale of KIN Is An Illegal Unregistered Securities Offering
A US district judge for the Southern District of New York agreed with the SEC”s assessment that the $100 million initial coin offering (ICO) of Kik in 2017 was a securities sale. Judge Alvin Hellerstein ruled that Kik violated the Securities Act by selling its unregistered token called “Kin.” The judge relied on the three […]
SEC Demands a Trial, Fines Salt Lending, Issues No-Action Letter, and Triumphs over Kik
Many have likened the world of blockchain and cryptocurrencies to the ‘wild west’. The Securities and Exchange Commission (SEC), however, is doing its best to civilize the sector by holding everyone to task. While the regulatory body is often vilified for its stances towards many digital assets, it plays an important role in upholding accountability […]
3 Stocks to Buy if Trump Wins the Upcoming Presidential Election
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The President of the United States has great economic influence — and even control to a certain degree. Some industries anticipate an economic boost if Biden were to be elected, while others are likely […]
Digital Asset Trading Platform eToro Rolls Out Cardano (ADA) And Tron (TRX) Staking Service; More Crypto’s to Come
Popular trading platform, eToro, announced on Thursday that it would provide staking rewards for cryptocurrencies starting with Cardano (ADA) and Tron (TRX). The multi-asset exchange stated that clients that own these cryptocurrencies, ADA, or TRX, would have a chance to earn rewards by staking, which will be paid out monthly. The firm also revealed that […]
Salt Lending to Begin the Process of Refunds to Investors in Early 2021
“Anyone who bought SALT from us directly before and including 12/31/2019 will have an opportunity to submit a written claim at a later date to recover the consideration paid plus interest,” tweeted SALT Lending. This has been in response to the Securities and Exchange Commission (SEC) ordering Salt Blockchain, the owner of the lending platform […]
Coinbase’s Apolitical Stance Won’t Affect IPO, but Could Have Long-Term Consequences
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Coinbase CEO Brian Armstrong caused quite a stir when he published an open letter expressing a new policy to be apolitical. Not only would Coinbase itself abstain from any political position, but it would […]
