Things continue to get more and more bizarre in the DeFi world. The crazy is to be expected when “you give people a permissionless uncensorable platform.” This time, the center of attention was one of the most popular DEX Curve Finance and its highly anticipated token launch. Within hours of the surprising launch of the […]
Category: STO News
Boston Federal Reserve Partners With MIT To Experiment On The Launch Of A Digital Dollar
The U.S. is taking accelerated steps in its launch of digital currency as the Federal Reserve investigates distributed technologies and how to digitize the dollar. According to a statement by Federal Reserve Board Governor, Lael Brainard, during the San Francisco’s Innovation Office Hours, the Bank is partnering with several institutions to research the possible effects […]
What is Tether? A Look at the World’s Most Popular Stablecoin
Tether (USDT) is the world’s most popular stablecoin. As such, it serves multiple purposes in the market making it a core cryptocurrency in many investor strategies. While it may be impossible to envision a crypto market without Tether, this hasn’t always been the case. The Tether project overcame much controversy to make it to the […]
Two Stocks to Sell Now, or Prepare for Devastating Losses
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. New light shed on Eastman Kodak and AMC Entertainment gives us a valuable lesson. Not all things are as they appear to be. If your stock-trading decisions are exclusively guided by mass popularity you […]
Venezuela Signs In New Taxation Agreement That Will ‘Accept’ Petro Crypto Payments
Venezuela to start using petro cryptocurrency in its tax system The country’s crypto will be used to calculate taxes within the country. Could this be a navigation point against sanctions for the President Maduro-led government? The Bolivian Council of Mayors signed the “National Tax Harmonization Agreement” on Aug. 12, paving the way to a new […]
Coinbase Effect Surges Numeraire (NMR) By 160% Following Listing Announcement
An announcement by Coinbase to list AI-focused Numeraire (NMR) token appears to have caused its price to rally by over 160% within the last 24 hours. Metrics from CoinMarketCap indicate that the project’s market cap also surged and currently stands at $127 million while the prevailing price of one NMR token is $46. Going by […]
YAM Lives After Price Crashed 99%, YAM 2.0 will be Coming
Yesterday, in less than 24 hours since its launch, YAM had $450 million locked in its unaudited protocol, which today surged to $604 million only to get more than halved. Currently, $280 million are left in this protocol. But even more shocking is the price of YAM, which hit an all-time high at $167.66 yesterday […]
CoinMarketCap Launches ‘Earn’ Initiative That Will Pay Users to Learn Crypto
Leading crypto metrics site, CoinMarketCap, has launched an initiative that will enable its account holders to earn tokens for learning about projects in the industry. Dubbed ‘CoinMarketCap Earn,’ this program intends to scale educational activity in the crypto space as opposed to providing investment or financial advice. Notably, a similar initiative was launched by Coinbase […]
YAM has crashed by 99% after security flaw was found
YAM crashed from $167 to $0.6 in minutes, with over $750k worth of Curve tokens likely lost YAM token, a DeFi token launched on Tuesday, has crashed by more than 99% as of writing after a security flaw was uncovered. After hitting a high of $167 on Wednesday, August 12, YAM crashed to near $0, […]
These Three Stocks are the Best to Buy and Hold 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. It seems we are entering a period of severe austerity. Just this week, the UK officially announced a recession. Due to the government’s extreme reaction to COVID-19, it is the worst recession in recorded […]
