The once-collapsed FTX cryptocurrency exchange has recovered $7.3 billion in liquid digital assets and cash. Since January, this figure has increased by $800 million, according to a statement by the company’s lawyer, Andy Dietderich who testified on Wednesday before the American Bankruptcy Court. FTX Benefits from Rising Crypto Prices Dietderich admitted that the value of […]
Tag: STO
Paxos To End Its Canadian Operations on June 2nd
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. According to an FAQ posted on Paxos’ website, the company will stop offering its services in Canada on June 2nd. The firm is urging its Canadian users to close their accounts as soon as […]
Have Bitcoiners Found Their Presidential Candidate in Robert Kennedy Jr.?
Robert F. Kennedy Jr., a former environmental lawyer, has filed paperwork with the Federal Election Commission to run for president in 2024 as a Democrat. The filing was confirmed on April 5 by his campaign treasurer, John E. Sullivan. A website has been set up to receive donations and volunteers for the presidential run. If […]
Gemini Takes First Steps to Comply With New Crypto Requirements in Canada
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. On Wednesday, April 12th, Gemini announced that had filed the pre-registration undertaking with the Ontario Securities Commission. The move, required by Canada’s new requirements for cryptocurrency companies, hints at Gemini’s commitment to its users […]
Ethereum Ships the Shapella Upgrade Today: Here is What to Expect
In a few hours, the Ethereum blockchain will get the most significant technical boost since it shipped the Merge last September. While it was the first network to introduce the concept of blockchain networks that are interoperable with smart contracts, its competitors (offering users a reliable experience in terms of transaction fees and throughput) have […]
The Growth of Tokenization and Digital Asset Trading Platforms
Tokenization and digital asset trading platforms have seen tremendous growth in recent years. These platforms have transformed the way people invest and trade assets, making it easier and more efficient than ever before. This article will look at the rise of tokenization and digital asset trading platforms, as well as what this means for investors […]
REN price dips after major Ren Protocol announcement
REN price fell to lows of $0.94 after Ren Protocol announced the transfer of all crypto assets to FTX debtor wallet. Ren says all assets will be sent to cold storage wallets belonging to the debtor. FTX/Alameda acquired Ren, a cross chain bridge protocol, in February 2022. The price of REN (REN) fell sharply on […]
Bitfinex gets license to operate under El Salvador’s new crypto Law
El Salvador was the first country to pass Bitcoin as a legal tender. El Salvador‘s Legislative Assembly established a framework for the country to issue Bitcoin-backed bonds. Bitfinex is the first international crypto exchange to be approved under El Salvador’s new Digital Assets Issuance Law. Bitfinex Securities El Salvador, the Bitfinex branch in El Salvador, […]
France Launches Consultation to Make a Metaverse Framework “A La Francais”
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. On Tuesday, April 11th, the government of France opened a consultation for setting up a framework for the future of “virtual immersive worlds”, or “metaverses”. The idea behind the consultation, which will remain open […]
ETH Hovers Around $1,900 A Day Before “Shapella”
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Throughout Tuesday, April 11th, Ethereum was maintaining a price close to $1,900, albeit it was declining slightly throughout the day. Wednesday, on the other hand, might prove a more exciting day, as the world’s […]