On-chain debt securities marketplace Obligate launches on Base Obligate is a Swiss-regulated on-chain bonds platform, while Base is an Ethereum layer-2 scaling platform launched by Coinbase. Deployment on Base will help with institutional adoption of on-chain debt securities, Obligate’s head of partnerships said in an announcement. Obligate, a Swiss-regulated blockchain marketplace for capital markets, has […]
Category: STO News
FINRA Hits BofA Securities with $24 Million Penalty for Spoofing Breaches
The Financial Industry Regulatory Authority (FINRA) has imposed a fine of $24 million against BofA Securities. This action is a consequence of the firm’s alleged involvement in over 700 instances of spoofing and related supervisory failures within the US Treasury secondary markets, spanning more than six years. Spoofing involves placing deceptive orders to create a […]
The U.S. in Crypto: Domestic Chaos, Global Ambitions
In the complex realm of cryptocurrency regulation, the U.S. Treasury has boldly extended its reach, seeking expanded powers that transcend national borders. Deputy Secretary of the Treasury Wally Adeyemo’s impassioned plea to Congress for extraterritorial control over stablecoins, notably targeting Tether, adds a layer of complexity to the ongoing domestic regulatory conundrum. As Adeyemo presents […]
Sui Surpasses $150M in TVL, Showcasing Blistering DeFi Momentum
Sui, the pioneering Layer 1 blockchain and smart contract platform created by the technology team that emerged from Meta’s Diem Blockchain project, has accelerated beyond expectations in just over six months since its mainnet launch, surpassing $150 million in Total Value Locked (TVL) according to leading DeFi aggregator DefiLlama. This key milestone, which currently places […]
Nexo Integrates Koinly to Streamline Crypto Tax Reporting
Crypto trading platform Nexo has announced an integration with Koinly, the leading tax calculation service. Koinly has grown to become the industry’s dominant tax software solution, its popularity aided by the vast number of exchanges and wallets it supports. With Koinly integrated into Nexo, users of the crypto investment and trading platform will be able […]
Shiba Memu hits $4.6M in presale, but is SHMU worth buying?
Meme coins have shown a resurgence in recent weeks as AI tokens surge. Shiba Memu presale has raised over $4.6 million with 29 days to the final offer date. Could this be the opportune moment to buy SHMU? Data shows AI tokens have been on the rise in recent weeks, helped by a massive forecast […]
IOTA targets $0.30 after bullish DLT news as investors diversify with Everlodge (ELDG)
IOTA broke above a key level after news of the $100 million DLT foundation. Everlodge presale price has risen to $0.025 and is projected to hit $0.035 by the time it launches. By the time ELDG launches on major exchanges, its value could be 280% higher than the initial price of $0.01 The price of […]
Sui Surpasses $150M in TVL, Showcasing Blistering DeFi Momentum
Grand Cayman, Cayman Islands, November 30th, 2023, Chainwire Sui, the pioneering Layer 1 blockchain and smart contract platform created by the technology team that emerged from Meta’s Diem Blockchain project, has accelerated beyond expectations in just over six months since its mainnet launch, surpassing $150 million in Total Value Locked (TVL) according to leading DeFi […]
MicroStrategy Files for $750M Stock Offer After Buying 16.1K BTC
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. MicroStrategy (NASDAQ: MSTR), the biggest publicly-listed corporate owner of Bitcoin (BTC), acquired an additional 16,130 BTC for over $539 million on Thursday. The same day, the company also announced it filed to sell up […]
Academy Sports and Outdoors Inc (ASO) Falls in Premarket After Earnings Miss
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Key Highlights Academy Sports + Outdoors, Inc. (NASDAQ: ASO) reported GAAP Diluted EPS of $1.38, falling short of the expected EPS of $1.62. The company’s net sales decreased by 6.4% to $1.397.8 million, compared […]
