Binance has secured approval as both a Bitcoin Services Provider and the first non-provisional Digital Assets Services Provider. The licenses allow the exchange to offer tailor-made crypto products and services in El Salvador, according to a press release. Binance has been granted two key licenses in El Salvador, becoming the first fully-licensed crypto exchange in […]
Category: STO News
Too Good to Be True? Veracity of LK-99 Claim Called into Question
When news broke last month, detailing the discovery of LK-99 – a purported room-temperature, ambient-pressure superconductor – the excitement was palpable. Such a discovery would result in world-changing advancements in a variety of technologies. After anxiously awaiting verification on the veracity of claims surrounding LK-99, results are just now being reported from various labs around […]
Binance Licensed to Offer Crypto Services in El Salvador
Neither the author, Ruholamin Haqshanas, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Binance said it had obtained licenses from El Salvador regulators to provide crypto-related services and tailor-made products. By securing this permit, Binance’s registrations and approvals across global jurisdictions now stand at eighteen. Binance Forays […]
Capital Efficient DEX Dolomite Launches DeFi’s First One-Click Collateral Solution
Dolomite, the lending and borrowing protocol operating on Arbitrum, has launched a new feature that can be filed under “Why didn’t anyone think of this sooner?”. Zap is a one-click collateral maximization solution, saving users from the chore of multiple depositing, borrowing, and re-depositing just to obtain leverage on their assets. Dolomite Delivers a DeFi […]
Galaxy Digital Reports $46M Loss in Q2, Down from Q1’s $554M
Neither the author, Ruholamin Haqshanas, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Galaxy Digital reported a significantly narrower loss in Q2 2023, thanks to a strong comeback in cryptocurrency prices. According to the earnings release, Galaxy’s net loss stood at $46 million in Q2, down from […]
Akash Network price outlook: can bulls push for $1?
Akash Network price was up 12% in the past 24 hours. The AKT/USD pair reached highs near $0.70, and needs to flip the hurdle into support to strengthen upside momentum. Hype around AI and cloud computing could add to the bullish outlook. Akash Network, a decentralized marketplace for cloud computing, has seen the price of […]
Broadridge Announces Surge in Operating Income, Revenue in Q4
The financial technology company, Broadridge has released its financial reports for the fourth quarter and fiscal year 2023, disclosing its impressive performance with growth in revenue and operating income. Broadridge’s revenue grew 7% year-over-year to USD $1.8 million in the fourth quarter compared to the same period last year. Similarly, in the fiscal year 2023, […]
Justin Sun addresses Huobi’s insolvency concerns, calls it a FUD
Huobi saw a record $64 million in outflows over the weekend. The Outflows followed reports that the exchange’s executives had been arrested in China. An Angel investor has also pointed to inconsistencies in Huobi’s reserves. Huobi customers withdrew $64 million over the weekend due to worries about the cryptocurrency exchange company going bankrupt and rumours […]
Huobi Rushes to List PayPal’s Stablecoin Amid Substantial Outflows
Neither the author, Ruholamin Haqshanas, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Huobi has announced plans to list the Paxos-issued PayPal USD (PYUSD) stablecoin shortly after its launch, becoming the first crypto exchange. However, the move comes as the crypto company has seen massive outflows amid rumors about […]
Coinbase to buy back up to $150M of its $1B bonds
Coinbase’s partial bonds buyback targets up to $150 million of the $1 billion bonds. City Global Managers will be the offer’s dealer manager. Coinbase said on Monday that it is commencing a partial repurchase of its $1 billion bonds. Per the company, whose Q2, 2023 financial report came in stronger than forecast, the plan is […]
