Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Economies with a debt-based monetary model are fueled by innovation. One of them is the emergence of buy-now-pay-later (BNPL). It encourages consumption by fragmenting payments into installments so they are more easily managed. BNPL’s […]
Category: STO News
Paxos receives two new in-principle approvals in Abu Dhabi
Paxos has received two in-principle approvals from the Financial Services Regulatory Authority in the Abu Dhabi Global Market (ADGM). The company will issue USD-pegged stablecoins as well as crypto brokerage and custody services. Blockchain infrastructure firm Paxos has scored another regulatory milestone as it expands its reach globally. On Wednesday, the New York-based company announced […]
Paxos Secures In-Principle Approvals for Stablecoin Issuance in Abu Dhabi
Paxos, a blockchain and tokenization infrastructure platform, has secured in-principle approvals from the Abu Dhabi Global Market’s (ADGM) Financial Services Regulatory Authority (FSRA). The approvals pave the way for Paxos to issue USD and other currency-backed stablecoins, as well as provide crypto-brokerage and custody services through two regulated ADGM entities. Paxos Eyes Global Expansion for […]
Radiative Cooling Combats Climate Change By Using Space as a Heat-Sink
Urban environments are becoming increasingly sprawling and dense, resulting in more concrete and pavement than ever before. The problem with that is the amount of heat absorbed by buildings and roads. Surrounding areas become hotter, climate control systems must work harder, and greenhouse gas emissions skyrocket. With that in mind, a team of researchers based out […]
ScapesMania and its potential to outshine Ripple (XRP) and Cardano (ADA) in the cryptocurrency investment race in 2024
ScapesMania: Innovatively positioned for growth in the crypto market. Ripple (XRP): Resilient despite legal challenges, with fluctuating market performance. Cardano (ADA): At a pivotal point, with potential for significant price movements based on market trends. The cryptocurrency market has pulled back from recent highs, but overall sentiment remains bullish. Bitcoin and major cryptocurrencies like Ether show resilience, […]
UK Government Urges Disclosure of Unpaid Crypto Taxes, Warns of Penalties
The UK government has tightened its grip on unpaid crypto taxes, urging users to voluntarily disclose capital gains or income related to cryptocurrencies like Bitcoin, NFTs, and utility tokens. Crypto users in the UK have been advised to declare their gains from cryptocurrencies to avoid penalties from the Treasury. In a recent announcement, the UK […]
FLNC Surges After Sustainable Energy Firm Reports a Green Q3
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Fluence Energy (NASDAQ: FLNC) reported a surprise profit of 2 cents per share in the fiscal fourth quarter, the first-ever profitable quarter in the company’s history. Shares of Fluence popped more than 16% ahead […]
Okta Inc. Outperforms Expectations in Q3 with $584M in Revenue and a $0.44 EPS
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 Revenue Growth: Okta Inc. reported a robust 21% year-over-year increase in total revenue, amounting to $584 million. Non-GAAP Net Income Surge: The company witnessed a significant rise in non-GAAP net income, reaching […]
GM Announces $10B Buyback, Will Up Dividend By 33% Next Year
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. General Motors (NYSE: GM) spiked more than 9% in the Wednesday premarket after the company unveiled a string of measures to restore investors’ trust. Most notably, the company announced a $10 billion stock buyback […]
Hormel Foods Corporation Falls Short of Expectations in Fiscal Q4, Revenue at $3.2B
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 Net Sales: Hormel Foods Corporation (NYSE: HRL) reported net sales of $3.2 billion in the fourth quarter, exceeding the expected revenue of $3.26 billion. Earnings Per Share (EPS): The company’s diluted net […]
