The new Lift Dollar (USDL) stablecoin launched by Paxos offers daily yield from US government securities. The USDL stablecoin is issued on Ethereum. Currently the new stablecoin is accessible in the UAE, Europe, UK, and Japan. Paxos International has introduced a revolutionary stablecoin, Lift Dollar (USDL), issued and regulated under the Abu Dhabi Global Market’s […]
Category: STO News
Stacks price soars amid spike in DeFi activity on Bitcoin L2
Stacks (STX) price soared 11% to hit highs of $2.40 as Bitcoin broke above $71k. STX has gained amid a surge in DeFi activity on the Bitcoin Layer 2 for smart contracts. The price of Stacks (STX) has jumped more than 11% in the past 24 hours to reach highs of $2.37, gains that rank […]
UAE central bank introduces licensing system for stablecoins
UAE central bank has approved new licensing for dirham-backed stablecoins. The licensing system is part of UAE’s broader Financial Infrastructure Transformation (FIT). The Dubai regulator updated the rules to allow limited investments in unrecognized tokens. The Central Bank of the United Arab Emirates (CBUAE) has approved a new regulatory framework to oversee and license stablecoins, […]
Binance Seeks to Throw Out Major Part of $12.8 Billion London Lawsuit
Crypto exchange Binance today (Wednesday) sought to dismiss a large portion of a London lawsuit, valued at up to 10 billion pounds ($12.8 billion), over allegations of collusion to “delist” the Bitcoin Satoshi Vision (BSV) cryptocurrency. London Lawsuit Targets Binance and Kraken The lawsuit, brought to London’s Competition Appeal Tribunal (CAT) on behalf of over […]
How to Buy AltLayer | Buy ALT in 4 Steps (June 2024)
AltLayer (ALT) is a decentralized protocol that accelerates scaling for Web3 by enabling the launch of native and re-staked rollups using both optimistic and zk rollup stacks. It integrates modular solutions to enhance decentralization and security while supporting diverse applications, from DeFi to gaming and AI. AltLayer’s innovative approach includes fast-finalized, ephemeral, and versatile roll-up […]
Stocks to Watch Today: HPE, AVGO, and SMCI
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Hewlett Packard Enterprise (NYSE: HPE), Broadcom Inc. (NASDAQ: AVGO), and Super Micro Computer (NASDAQ: SMCI) have all seen their shares rise in today’s trading session, catching the attention of investors and analysts alike. HPE’s […]
How to Buy Arkham | Buy ARKM in 4 Steps (June 2024)
Arkham (ARKM) is a blockchain analytics platform that provides tools for deanonymizing cryptocurrency transactions. It enables users to visualize blockchain activity, link transactions to real-world individuals and institutions, and access a searchable database of crypto users. Arkham offers customized alerts for on-chain activity, translating raw blockchain data into clear network maps. The platform is designed […]
How to Buy Aevo | Buy AEVO in 4 Steps (June 2024)
Aevo (AEVO) is a comprehensive decentralized trading platform that supports options, perpetual futures, and various financial products within a single margin account. Utilizing a custom Layer 2 solution based on the OP stack, Aevo combines off-chain matching with on-chain settlement to offer high performance and low latency while maintaining Ethereum’s security. Founded by the team […]
3 Top Cryptos Worth Holding Beyond Bitcoin and Ethereum
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Among thousands of cryptocurrencies, it is clear that Bitcoin (BTC) and Ethereum (ETH) took the public spotlight and are likely to take more capital inflows in the future. So much so that even Ethereum […]
‘Moonrise’ Initiative Signals Next Phase in Evolution for New-Look Moonbeam Network in Polkadot Ecosytem
Singapore, Singapore, June 5th, 2024, Chainwire Ambitious 2024 Roadmap Includes 8x Improved Throughput, zkAuth for Web2 ID, Major Grants Moonbeam Network, a smart contract platform for building cross-chain connected applications, announced the ‘Moonrise’ initiative anchored by a 2024 Product Roadmap that includes the introduction of parallel processing to improve throughput by 8 times, upgrading ecosystem […]
