Gala token jumped sharply on Tuesday after the developers announced a plan of a new airdrop. The token jumped to a high of $0.048, the highest level since March 19th. It has soared by more than 216% from the lowest level in January this year. Gala airdrop upcoming The main reason why GALA price jumped […]
Tag: STO
Bitget Dedicates $200 Million Fund for DApps Innovation
Crypto derivatives and copy trading platform, Bitget has announced a strategic partnership with Core DAO, an organization focused on developing the Satoshi Plus ecosystem. The collaboration will see the establishment of a $200 million ecosystem fund to support the growth and development of decentralized applications (DApps). Bitget Launches $200 Million Crypto Fund The fund launch […]
Coinbase Says UK is “Web3 Innovation Hub” After Doubting DeFi Future In US
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. After Coinbase’s CEO Brian Armstrong met with Andrew Griffith, UK’s Economic Secretary and City Minister, on Monday, April 17th, his company published a statement describing the United Kingdom as a “web3 innovation hub”. In […]
ETH Saw Little Investment Inflows Last Week Despite Shapella Upgrade
Ether (ETH), the native cryptocurrency of Ethereum, a decentralized blockchain with smart contract functionality, attracted only US$0.3 in digital asset investment product inflow last week despite the Shapella Upgrade last Wednesday. There was also “little activity” in altcoins except Polygon, which saw US$2.1 million of outflows last week. The Shapella Upgrade, also called the Shangial […]
Bittrex Responds to SEC Lawsuit, Says Gensler on Anti-Innovation “Crusade”
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Several hours after the SEC complaint against the cryptocurrency exchange Bittrex was unveiled on Monday, April 17th, the company issued its retort to the agency’s latest action. The response expresses disappointment with the lawsuit […]
Investing In SPACE ID (ID) – Everything You Need to Know
The developers behind the SPACE ID (ID) concept seek to create a universal identification system to drive web 3.0 adoption. The network was designed to empower these users while improving useability within the metaverse, decentralized economy, and advanced Dapps. The main goal of the network is to enable users to build their brand across multiple […]
NYDFS Adopts New Supervisory Fees Rule For Crypto Companies With Bitlicense
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. In a press release published on Monday, April 17th, the New York State Department of Financial Services (NYDFS) announced it has adopted new rules aimed at governing cryptocurrency companies licensed to operate in the […]
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 […]