It was last weekend that the price of bitcoin surpassed $12,000 for the first time in a year, only to come crashing back down to $10,500 minutes after. A week after that and we haven’t achieved that level yet. Sure, bitcoin futures contracts on CME hit $12,000 briefly this week, but on the spot market, […]
Category: STO News
Bitcoin Wrap Up: 4 Big Things that Happened This Week
This week started around $10,350 and recorded an increase of 13.5% to now trade around $11,500 while keeping the ‘real’ volume stable around $2 billion. However, there were much more exciting things than the price that happened in the bitcoin market this week. For starters, JPMorgan strategies revealed that while older investors go for gold, […]
CoinDCX Becomes The First Indian Crypto Exchange To Launch Token Staking Services
Indian cryptocurrency exchange, CoinDCX, becomes the first in the country to launch simple staking services for its users. First reported on Coindesk, the staking service will launch with three tokens Tron (TRX), Harmony (ONE), and Qtum (QTUM). Speaking on the latest developments, CoinDCX CEO, Sumit Gupta, confirmed the staking service would not carry fees or […]
YFI’s Andre Cronje isn’t Going Anywhere; ‘This Space Won’t Get Rid of Me’
Andre Cronje, the guy behind yEarn and the popular YFI, is not leaving the cryptocurrency space any time soon, at least, “until there is nothing left to build.” “This space won’t get rid of me,” Cronje clarified on Twitter after his recent interview about quitting crashed the price of YFI about 22%. On August 7th, […]
EU Equities Are About to See Increased Demand from US Investors
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. On July 21, EU leaders have reached a historic agreement to increase its budget to record-breaking €1.82 trillion. Spain’s Prime Minister even compared it to Marshall Plan, as it includes a €750 billion recovery […]
Crypto Mom, Hester Peirce, Secures Second Term as SEC Commissioner Through 2025
The US Securities and Exchange (SEC) Commissioner Hester Peirce, aka “Crypto Mom,” has been confirmed for a second term that will last till June 5, 2025, by the US Senate in a voice vote. The “Crypto Mom” nickname was bestowed upon her by the crypto community for her support of the cryptocurrency market. Just last […]
yEarn Expanding its Ecosystem to Bring in Hot DeFi Tokens into the Mix
DeFi craze continues to get hotter as the system grows. yEarn’s zero supply valueless token YFI climbed to a new high today at $5,300 and is currently trading at $4,700. Today, it also announced integration with Aave with the launch of the Credit Delegation service. Built on the Aave platform, “Credit Delegation supports smart contract […]
DEX Leader Raises $11 Million in Series A Funding for Uniswap V3 Following an Explosive Month
A popular and widely used decentralized exchange (DEX) Uniswap has raised $11 million in Series A funding led by Andreessen Horowitz with additional investment from Paradigm, Parafi Capital, USV, Version One, Variant, A.Capital, and SV Angel. This latest investment round came just over a year after Uniswap raised a seed round from Paradigm to advance […]
Dapper Labs Raises $12M with NBA Players from the Brooklyn Nets & Miami Heat Participating
Vancouver-based Dapper Labs has raised $12 million in its latest financing round with additional backing from Coinbase ventures and Distributed Global. Its existing investors include Andreessen Horowitz and Samsung NEXT. Dapper Labs, which was the firm behind CryptoKitties, an app where players buy cartoon kittens and breed them with other cats, announced that it would […]
DeFi App Aave Creates First Credit Delegation Loan to DeversiFi Decentralized Exchange
DeFi lending platform, Aave completes its first-ever ‘credit delegation’ as DeversiFi borrows over $230,000 without posting collateral. The service agreement was signed on the decentralized law contract service, OpenLaw. Aave has announced the launch of the Credit Delegation (CD) facility last month, which aims to increase liquidity on the platform and ease capital movements across […]
