Polkadot introduces parachain functionality with Rococo testnet, a Proof of Authority (PoA) network, allowing users to send direct messages to the Relay Chain and other parachains as well as connect a Substrate-based chain as a parachain. The announcement on August 6 stated the testnet would start with three parachains – Tick, Trick, and Track. Introducing […]
Category: STO News
What is a Bitcoin Hardware Wallet?
A Bitcoin hardware wallet is a device that enables you to store your cryptocurrency safely offline, also known as cold storage. These units function similarly to a digital bank account. Just like a mobile wallet, you can send, receive, and track your balance directly from your hardware wallet. Hardware wallets are considered the safest method […]
Balancer Token (BAL) surges 40% — has altcoin season arrived?
DeFi protocol Balancer shot up by 25% in just two hours and is now 40% up on its price from 24 hours ago Altcoin season appears to have arrived as several coins see major action to post monstrous gains. Dash has spiked over 10%, IOTA 6%, NEM 8%, Monero 6.5% and EOS 5.5% to lead […]
Russia to ease restrictions on cryptocurrency
After many years of restrictions, Russia is deregulating cryptocurrency and joining the global crypto industry Russian President Vladimir Putin recently proposed a new law to allow the trading of cryptocurrency. He thinks it will go into effect in January 2021. The policy still limits the capability to pay for goods and services with cryptocurrency in […]
With Uncertainty on the Rise, Investors Flock to Gold
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Ever since the Federal Reserve broke all records of money printing, people became anxious. Trillions of newly-conjured dollars may have staved off total market crash, and they may have enriched the ultra-rich even further. […]
NYDFS Creates Crypto Greenlist, Includes Paxos Issued Tokens
Tokens on the greenlist have been pre-approved by the regulator for licensees to list and trade.
Disney Stock Recovers Following Announcement of International Streaming Service
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The COVID-19 pandemic has had a significant impact on businesses worldwide as millions were forced into lockdown. Because of this, many firms had to either shut down, furlough their workers, or change their operation […]
Crypto Lender to Pay Out $6.1 Million In Dividend To Users Who Staked Nexo Token
Crypto lending platform Nexo has announced that it would be paying out 30% of its profit, equivalent to $6.1 million, as dividends to those who staked their Nexo token. The payout would take place on August 15th as per the Press Release. The official statement from the crypto lender read: “This payout marks a 154.32% increase […]
CAOF to be Lead Plaintiff in Block.one ICO Lawsuit After Others File Inaccurate Data
A United States Court Judge Kaplan has now ruled that the class action suit brought against EOS developer Block.one ought to be represented by a lead plaintiff. This was after five of the investors of Block.one ICO displayed a lack of goodwill and commitment to make them the lead plaintiff of the case. “Raises further […]
Goldman Sachs New Digital Asset Manager Reveals Plans to Bring A ‘Digital Token’ to the Bank
U.S. financial giant Goldman Sachs is pushing forward its plans to launch a digital asset with the appointment of its new digital asset manager, Mathew McDermott, former head of the bank’s investment internal funding operations. McDermott confirmed the bank is looking into a digital asset of its own. According to CNBC, Goldman Sachs is rejuvenating […]
