At press time, the price of Kyber Network Crystal v2 (KNC) had dropped 2.26% today. Kyber’s Elastic product’s TVL has plunged to $61 million yesterday. Kyber Network has advised liquidity providers to withdraw funds The Kyber Network Crystal v2 (KNC) took a hit today after Decentralized finance (DeFi) Kyber Network advised its liquidity providers to […]
Category: STO News
Top Weekend Movers: BABYDOGE, RNDR, KAS & KLAY
Last week was a green one that saw Bitcoin touching nearly 31k. Although the largest cryptocurrency is now under $30k, it is still up 5.5% in the past seven days. Having rallied 80% this year, Bitcoin has beaten traditional risk assets, including the tech-heavy Nasdaq index. The rally comes after a 12-month decline that saw […]
The Growing Focus on Environmental, Social, and Governance (ESG) Investing
Environmental, social, and governance (ESG) investing is gaining traction around the world as investors place a greater emphasis on sustainability and ethical standards. ESG investing refers to investments that take environmental, social, and governance aspects into account in addition to financial factors. In this article, we will look at the reasons behind the increased emphasis […]
Regulatory Crackdown on Crypto Exchanges Increases as SEC Charges Bittrex
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The US Securities and Exchange Commission (SEC) filed a lawsuit against the crypto exchange Bittrex and its co-founder for violating securities regulations. The move comes just weeks after Bittrex announced its plan to leave […]
Maximizing Profits: What Tools May Help Crypto Traders
In less than a decade, cryptocurrency trading has emerged as one of the most captivating and widely discussed investment activities, holding a fascination akin to El Dorado’s trove of gold artifacts. However, trading cryptocurrencies turned out to be a non-trivial task even for professional traders. Over the past half-decade, cryptocurrency exchanges have diligently worked to […]
U.S. House Financial Services Committee Unveils Draft Stablecoin Legislation: Key Insights
Neither the author, Ruholamin Haqshanas, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The US House Financial Services Committee has released a draft of a new crypto regulation focused on stablecoins. The 73-page draft bill would require stablecoin providers to fully back their digital assets with reserve assets on […]
Harnessing Biometric Authentication and Identification in Finance
With the advent of digital banking and financial services, individuals and financial institutions alike are concerned about security. To address this risk, several financial institutions are implementing biometric authentication and identification technologies to improve security while also providing a smooth user experience. Biometric authentication verifies users’ identities by using unique physical traits such as fingerprints, […]
Bhutan’s Sovereign Fund Defaulted on BlockFi Debt, According to Report
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. A new report by Forbes found that a sovereign investment arm of the Kingdom of Bhutan held tens of millions of dollars in cryptocurrencies without previously disclosing it to the public. In addition, the […]
NAGA Seeks to Raise $8.2M in Convertible Bond
After posting a drop of 36% in the revenue of the first quarter of 2023, NAGA Group, the German-based fintech company that operates the neo-broker, NAGA, is now seeking to raise $8.2 million from a convertible bond offering. The offering excludes the statutory subscription rights of the Frankfurt Stock Exchange-listed company’s shareholders. NAGA Seeks New […]
Here’s why INJ price has soared and why it could dip by 46%
Injective Protocol’s token has been one of the best performers this year. Oscillators like the RSI and Stochastic have become extremely overbought. INJ, Injective Protocol’s native token, has continued soaring in the past few months as demand for the DeFi-focused network jumped. The token rose to a high of $9.67, the highest point since February 7 […]
