Popular on-chain synthetic assets protocol, Synthetix is in the first phase of its transition to Optimistic Ethereum, a layer two scalability solution for the second-largest network that continues to grapple with congestion and sky-high fees thanks to all the DeFi craze. Synthetix founder Kain Warwick is “unreasonably excited” about this development who recently hinted at what’s […]
Category: STO News
Love it or Hate it, UNI Token Stands to Benefit from Uniswap’s Evolution
After releasing the UNI token as part of Uniswap V3, the first update for Uniswap V3 has been made on Github. It might say “trigger a new major release,” but for now, it just seems to be a tease with an IPFS deployment release. Amidst the growing hype around Uniswap V3, such teases only push […]
Evolving Trends in Token Powered Networks: Part 2
by Mara Schmiedt, Global Strategy and Business Development Lead, ConsenSys Codefi This is a two part article. Part 1 can be found here. Summary The emergence of delegate work entities present a critical development to drive broader end-user adoption and participation, simultaneously posing new challenges to decentralization and token distribution in the evolving chapter of […]
When It Comes to Bitcoin, Dave Portnoy Knows Nothing
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. We’ve heard a lot about high-profile investors changing their tack on Bitcoin and cryptocurrencies in the past two years. Many have indeed begun to see the value in certain cryptocurrencies as a new way […]
TRON Partners With BitGo To Mint New Wrapped Bitcoin And Ethereum Tokens On Its Blockchain
TRON launches wrapped Bitcoin and Ethereum on its blockchain. The blockchain aims at taking over the raging DeFi market. Tron announced a partnership with the U.S. regulated and qualified custodian, BitGo, in a plot to launch wrapped Bitcoin (wBTC) and wrapped Ethereum (wETH) on its blockchain. These will be newly minted tokens converted to TRC20 […]
More Urgent than Ever – Ethereum Layer 2 Solution Goes in its First Phase of Testnet Launch
Ethereum layer 2 solution Optimism is welcoming the first phase of the Optimistic Ethereum Testnet. This development has become a necessity of the market thanks to DeFi mania, which has sent fee on the second-largest network through the roof. The airdrop of Uniswap’s governance token UNI last week actually sent Ethereum’s hourly fees 10x up, […]
Bitcoin inflow onto Ethereum hits USD 1.2B as Alameda Research Mints USD 25M Wrapped Bitcoin Block
With over $1.2 billion in Bitcoin now on Ethereum for DeFi use, Alameda Research continues to lead the with another $25 million worth of WBTC in a historic mint. Although Bitcoin’s price has over the past week retraced to lows of $10k and then capped below $10,800, one metric that has kept growing is the […]
ChainLink and Synthetix surge 30% and 25% to lead market recovery
LINK/USD jumped 30% after Travala.com partnership, while SYN/USD is up 25% Bitcoin has gained about 4% in the past 24 hours to touch highs of $10,800 again, as the altcoin market records similar rebounds after a week of major downward pressure. While coins like Cosmos (ATOM), Binance Coin (BNB) and NEO (NEO) have posted significant […]
Chainlink Whales Buy the Dip, Accumulated 12.85 Million LINK During the Downturn
2020 has been a spectacular year for LINK marines as the price of the cryptocurrency surged to an all-time high of $20 in the mid of August. The uptrend started right after the violent March sell-off when LINK was trading at $1.5, recording a return of more than 1,230%. As such, it was natural that […]
US Lawmakers Propose Two New Bills to Streamline Digital Asset And Crypto Exchange Regulation
The U.S. Senate released two new bills on Thursday, aiming to provide regulatory clarity on digital assets. The first, introduced by Congressman Tom Emmer (R-NC), is the “Securities Clarity Act,” which aims to establish cryptocurrencies that fall under securities. The other, “Digital Currency Exchanges Act 2020 (DCEA)” introduced by Representative Michael Conaway, aims to switch […]
