Renton, United States, May 25th, 2023, Chainwire Stably, a leading Stablecoin-as-a-Service (SCaaS) and fiat on/off-ramp infrastructure provider for Web3 projects, is aiming to revolutionize the nascent Bitcoin ordinals market by launching its US Dollar (USD)-backed stablecoin, Stably USD, as a natively-issued BRC20 token under the symbol #USD. This groundbreaking development marks a critical milestone in […]
Tag: STO
Partisan Divisions among House Members Thwart Progress on Stablecoin Legislation Talks
Stablecoin issuers, like most companies in the digital assets sector, have become the subject of spirited debates centered around regulating their stablecoin token offerings. A dozen months since the implosion of Terra, whose ecosystem featured the TerraUSD (UST) stablecoin, regulators have intensified oversight efforts on similar offerings in the space. This year, the USD coin […]
Kava (KAVA) is Defying the Crypto Slump with Impressive Gains
Cryptocurrency prices moved lower on Wednesday after recording greens the day before. With 2% losses, Bitcoin is back under $27k, while Ether has declined below $1,820 after recording 1.8% losses. The largest cryptocurrency has been trading in a tight range throughout this month, struggling to break above $30,000 but staying above $25,000. According to Glassnode, […]
AltSignals Continues to Take the Crypto World by Storm As Presale Passes $750k Milestone
London, United Kingdom, May 23rd, 2023, Chainwire AltSignals (ASI), the revolutionary new AI-powered trading signals provider, continues to make waves in the crypto world by announcing its token presale has stormed past the $750k milestone. AltSignals’ native token, ASI, has achieved success during its presale phase and continues to demonstrate growth. ASI is currently available […]
Dispersion Capital Unveils $40M Fund For Development of Web3 Infrastructure
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. This Tuesday, Dispersion Capital, a venture capital firm, announced the creation of a new $40 million fund. The fund is geared toward supporting projects that are building “foundational web3 infrastructure” that will be able […]
Binance Jumbled Customer Funds with Company Revenue: Report
Binance, the largest cryptocurrency exchange by trading volume, mixed up customer funds with company revenue between 2020 and 2021, Reuters reported on Tuesday, citing “three sources familiar with the matter.” The act violates the US financial laws that require both funds to be separated, the outlet said. ‘Billions of Dollars’ Commingled? One source that had […]
Solana Becomes First Layer 1 to Integrate AI With ChatGPT Plugin
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. On May 23rd, the Solana Foundation announced it had integrated artificial intelligence using a specialized ChatGPT plugin. The Foundation also introduced an AI-focused accelerator program for university students. Solana Launches Accelerator to Boost Blockchain […]
Num Finance Completes $1.5M Pre-Seed Round to Expand Stablecoins in Emerging Markets
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. This Tuesday, Num Finance, a decentralized finance protocol, announced it had successfully raised $1.5 million in a pre-seed funding round. Num intends to use the funding to expand its stablecoin offering to Colombia, Mexico, […]
Bitget and OKX Seek Further EU Presence, BitMEX Streamlines Hong Kong Operations and More
Crypto companies have increasingly become the prime targets of intensified enforcement action by financial market authorities in various jurisdictions worldwide. Centralized exchanges, lending firms and other institutions providing exposure to cryptocurrencies have especially stood out as the most affected. The majority of companies that have been found to be operating businesses in the digital assets […]
Bitcoin bulls tap Hong Kong news to test key resistance
Bitcoin price rose to $27,500 on Coinbase early Tuesday, with the upside coinciding with positive crypto news from Hong Kong. This is after the Securities and Futures Commission (SFC) announced that registered exchanges will begin allowing retail investors to trade BTC and ETH from 1 June. Analysts say Bitcoin’s immediate price outlook needs a break […]
