Neither the author, Ruholamin Haqshanas, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Market making in digital tokens has historically been lucrative, but the recent market meltdown has led to a very different climate. Market makers are now increasingly concerned about their involvement in the industry, mainly due […]
Category: STO News
South Korean Hana Bank and BitGo to launch joint crypto custody venture
Hana Bank and BitGo are expected to launch a crypto custody service in the second half of 2024. Hana Bank is interested in having tokenized deposit technology replace central bank digital currencies and private stablecoins. South Korean Parliament in June 2023 passed the Virtual Asset User Protection legislation, which integrates 19 crypto-related bills. Korea Exchange […]
WEMIX introduces “unagi”: a new omnichain initiative that transcends blockchain boundaries
Seoul, South Korea, September 5th, 2023, Chainwire Aims to create a vast ecosystem to drive common growth of global blockchains Complete user-customized omnichain network to easily and conveniently utilize services across multiple blockchains All platforms and dApps are connected as one with blockchains bringing complementary strengths to the ecosystem WEMIX has unveiled unagi, short for […]
“TOKYO BEAST” – A Crypto Entertainment Game By Renowned Web 3 Companies Announces Launch On Korea Blockchain Week
Tokyo, Japan, September 4th, 2023, Chainwire TOKYO BEAST FZCO, headquartered in Dubai, United Arab Emirates; General Manager: Tomoe Mizutani; (hereinafter “TOKYO BEAST FZCO”) has announced the crypto entertainment project “TOKYO BEAST, gumi Inc. Headquartered in Shinjuku-ku, Tokyo; Hiroyuki Kawamoto, CEO; (hereinafter “gumi”) as the developer, Turingum K.K., headquartered in Minato-ku, Tokyo; Hiroki Tahara, CEO; (hereinafter “Turingum”) as the […]
GALA Token Down 20% as Co-Founders Sue Each Other
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. On August 31st, two co-founders of Gala Games, the play-to-earn (P2E) crypto gaming company, took their business disagreements to court. Filed in the Utah District Court, Eric Schiermeyer and Wright Thurston’s lawsuits against each […]
Crypto at a Crossroads: Bitcoin Accumulation, ETF Decision Delays, and More
Bitcoin price continues to stay below $26,000, having wiped out all of its gains made last Tuesday when it surpassed $28k in response to Grayscale’s legal victory over the US Securities and Exchange Commission (SEC). However, Bitcoin prices went under $25,500 ahead of the weekend, as the Commission delayed decision on multiple Spot Bitcoin ETF […]
Polestar, Rivian, Lucid – Can EV Specialists Survive Competition from Ford and GM?
Despite the promise behind electric vehicles (EVs), it would appear as though many companies in the sector, not named Tesla, are struggling. Just days ago, Polestar – the former performance division for Volvo, that spun off into its own brand for Chinese made EVs – posted a second-quarter loss of $304M. Notably, this is not […]
ByBit Launches AI-Powered Trading Assistant
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The newly launched AI tool by ByBit, “TradeGPT,” is set to help investors navigate the extensive cryptocurrency market by reporting real-time market data changes and statistics to crypto users and investors while embedding the […]
Australia’s Parliament Rejects Crypto Regulation Bill
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Australia’s Senate Economics Legislation Committee has repudiated “the digital asset market regulation bill” focusing on crypto regulation, citing “concern for regulatory arbitrage and adverse outcomes to the industry. Bill Lacks Details Over Crypto Governance […]
Top 10 Pro-Crypto States You Need to Know
When you review the United States’ stance on cryptocurrencies, it can be a bit confusing. Some states are all about the blockchain revolution, while others find the technology a risk to their control. Knowing the difference between the two types of states can help you to better decide where to place your funding in the […]