Microsoft Co-founder, Bill Gates, is stepping down from the company’s board according to a press release on March 13. The veteran IT mogul will focus on his philanthropic initiatives which include tackling climate change, global health, and education. Bill Gates will still, however, advise Microsoft’s CEO, Satya Nadella and other directors within the company in […]
Category: STO News
XRP Gets a Beatdown, Slips from Third Place as Price Is Looking Down in White Space
USDT balance on crypto exchanges reached an ATH of 1,228,582,096.528 USDT on 14 March 2020 The court ruled against Ripple which sought to have the claim dismissed that Ripple Labs was the issuer of XRP tokens XRP has lost its 3rd place to Tether (USDT), a popular stablecoin and much like the digital asset controversial. […]
BaFin Approves First Cross-Border STO in the EU – ParkinGO
This week, the German Federal Financial Supervisory Authority – BaFin approved the first cross-border security token offering (STO) in the EU. The STO would give the mobility and airport parking sector giant, ParkinGO the ability to further its market dominance. The news demonstrates an expansion of the EU STO sector, as well as, a forward-looking […]
Are Whales Dumping Bitcoin In Large Amounts Driving The Price of BTC Down?
Bitcoin’s 90-day correlation with the S&P 500 jumps from 0.1 to over 0.5 Before the sell-off, large amounts of Bitcoin were transferred to exchanges BitMEX’s massive liquidations wiped out liquidity This week the market suffered a panic sell-off and went down to $3,850, seeing the third-largest percent drop of 37.53% after 2011’s 38.67% and 2013’s […]
With Stocks Down from Coronavirus, is Now a Good Time to Invest?
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The impact of the coronavirus has extended beyond health, slamming economies around the globe. Stock market crashes in recent past — either due to financial recessions or viral epidemics — have largely […]
AMF Proposes a Digital Lab to Further EU STO Sector
This week, France’s Financial Markets Authority (AMF) raised eyebrows across the entire continent when it proposed that the EU create a regulatory “sandbox” to further development of the security token sector. The “Digital Lab” would allow businesses to operate unshackled from Europe’s traditional market regulations. Importantly, if the project achieves approval, the data collected could […]
MyEtherWallet Launches New Mobile App For Fast And Secure Ethereum Purchases
MyEtherWallet (MEW) has released a mobile application that will enable ERC-20 token users to buy crypto in less than 15 seconds. The digital wallet provider partnered with Wyre who is meant to facilitate crypto payments within this ecosystem. The past few years have seen more users leverage MEW wallet to securely store their crypto assets. […]
After Black Thursday, MakerDAO Opens Voting Proposal And Will Hold First-Ever Debt Auction
As Ethereum (ETH) price crashed by 30-40% on “Black Thursday”, the decentralized finance world (DeFi) showed signals of collapse with the largest DeFi protocol, Maker (MKR) contemplating shutting down in response to the value tanking. However, following talks in the community with MakerDAO –governing council – and a revival of the price of ETH over […]
BitMEX Slams Competing Derivative Exchange FTX After CEO Tweets “Conspiracy Theory”
BitMEX reported a “hardware issue” causing “requests to be delayed” after the bloodbath Competitor Exchange FTX’s Sam Bankman-Fried’s theory that there was no such issue and BitMEX was responsible to Bitcoin’s crash If BitMEX hadn’t gone offline, Bitcoin would have gone to zero, said Bankman-Fried but later apologizes for suggesting it Bitcoin price crashed to […]
Why Startups are About to Suffer from the Coronavirus
The economic impact of the coronavirus is well underway. Financial markets are experiencing significant turmoil. Now, one of the world’s most successful Venture Capital (VC) firms says startups are next. Why the Coronavirus will Hurt Startups When most people think of VC firms in Silicon Valley, they think of Sequoia Capital. With over fifty years […]
