Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. On Monday, April 3rd, the US Department of Justice announced it had seized around $112 million stolen from numerous victims in various digital assets scams. According to the press release, most of the digital […]
Tag: STO
Bakkt Acquires Apex Crypto in $155M Deal
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Bakkt received a green light from US regulators to complete its $155 million acquisition of Apex Crypto, the company said in the press release on Monday. Bakkt said it expects the move would streamline […]
Ethereum price prediction as the Shanghai update draws near
Ethereum will go through its biggest update since the Merge. The Shanghai update will take place on April 12. It will likely attract the attention of the Securities and Exchange Commission (SEC) Ethereum price moved sideways on Monday as investors focused on the upcoming Shanghai upgrade. ETH was trading at $1,800, where it has been […]
Citi Outlines a Bright Future for Digital Securities in ‘Money, Tokens, and Games: Blockchain’s Next Billion Users and Trillions in Value’
Citi recently hosted a gathering of industry experts and businesses to explore the latest trends and future developments in the digital money market. According to the bank, the crypto space is nearing a critical inflection point where the long-promised potential of blockchain technology may soon become a reality. The investment bank analysts suggest that blockchain […]
FMAS:23 – Unlocking Africa’s Full Potential
<p class=”MsoNormal”>In a little over one month, the doors of the Finance Magnates Africa Summit (FMAS:23) will swing open, kicking off the 2.5-day event of the year. FMAS:23 will be held from May 8-10, 2023 at the luxurious Sandton Convention Centre in Johannesburg, South Africa. </p><p class=”MsoNormal”>With so many industry leaders, talent, and brands in […]
FTX EU Withdrawals to Go ‘Swiftly’, CySEC Says
<p class=”MsoNormal”>CySEC announced on Monday that FTX EU LTD initiated the procedures for customers to request final balances before withdrawing fiat funds from segregated accounts. The market supervisor believes the withdrawal process will go ‘swiftly.’ </p><p class=”MsoNormal”>FTX EU Begins Fiat Currency Withdrawal Process for Clients</p><p class=”MsoNormal”>In response to FTX EU announcing its initiation of processes […]
News Nuggets | 3 April: GMO’s New Investment; Komainu Enhances Custody
<p> Nomura Appoints New Head of Wealth Management</p><p class=”MsoNormal”>Today, <a href=”https://www.financemagnates.com/tag/nomura/” target=”_blank” rel=”follow”>Nomura</a>, a leading Asian investment bank, announced the appointment of Dr Rudolf Hitsch as the Head of North Asia for its International Wealth Management division. In this new position, Dr Hitsch will operate from Hong Kong and oversee client relationship management teams for […]
Miner Revenue in March Is at The Highest Levels in Nearly a Year – BTC Mining Firm’s March Update
Bitcoin miners have in March seen the best performing month in almost a year following Do Kwon’s Terra ecosystem collapse that shook the entire industry. March numbers show that mining companies have already grossed around $734.8 million in revenue. Notably, the recent surge in Bitcoin value has led to a substantial boost in hashrate, thereby […]
Bittrex Leaving US on April 30th, Cites Regulatory Uncertainty
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. On Friday, March 31, the cryptocurrency exchange Bittrex announced it will be leaving the United States at the end of the next month. In the press release, the company claims that the current regulatory […]
Committing to Canada in the Wake of Hostility South of the Border – Which Exchanges Plan a Growing Presence?
It is no secret that the Biden administration and various regulators within the United States are working hard to keep the digital asset sector in check. These efforts have most recently culminated in various enforcement actions being levied against market giants like Coinbase, Kraken, Binance, and more. With these actions coming amidst a banking crisis that […]