Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. After getting shut down by regulators on Friday, Silicon Valley Bank got hit with the first shareholder lawsuit alleging the company committed fraud and “mismanaged events” leading up to the collapse. The suit is […]
Tag: STO
Signature Down 22.87% As Two Banks Go Down In As Many Days
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. A tumultuous week for US banks saw the shares of the crypto-friendly Signature Bank drop nearly 23% on Friday and more than 37% since Monday. The decline comes after the second large bank catering […]
Binance Brings its Prepaid Crypto Card to Colombia
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. After recent expansions into Brazil and Argentina, Binance announced on March 10th that its crypto debit card is available in Colombia. The latest of Binance’s forays into Latin America was made in partnership with […]
Starbucks’s NFT Collection Sells Out in 20 Mins for $200k in a Subdued Market
Neither the author, Ruholamin Haqshanas, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. US coffee giant Starbucks has seen its first set of limited edition NFTs, consisting of a collection of 2,000 digital “Stamps,” sold out in minutes despite the overall sour market conditions. Each priced at […]
KuCoin ‘Ether’ Lawsuit, CoinFLEX Rebrand, Gate Group Visa Crypto Card Rollout, and More Updates
The second week of March has been marked by a return of chaos in the digital asset space as the dragnets cast by market regulators ensnare more entities in violation of stipulated laws or those operating unlawfully in the sector. Earlier this week, South Korean authorities confirmed they are still investigating Terraform Labs and its […]
BTC Dips 6% as First Hearing Offers Divided Digital Assets House Committee
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. One of the busier days of one of the busier weeks for crypto in the first quarter of 2023 saw the prices of Bitcoin, Ethereum, and several cryptocurrency-related stocks drop by between 6 and […]
New York AG Sues KuCoin, Claims ETH, LUNA, UST Securities and Commodities
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. This Thursday, New York Attorney General Letitia James filed a lawsuit against the cryptocurrency exchange KuCoin. According to the lawsuit, the company operated as a commodities broker-dealer and securities broker and dealer without properly […]
“Blood in the streets?” On-chain metric suggests it’s time to buy
The MVRV metric suggests most altcoins are underbought and present a buying opportunity. A new leg down could however push some of the tokens into a danger zone. Crypto prices have decline alongside weaknesses stocks. The total cryptocurrency market cap is down 1.7% at the time of writing as the broader crypto market battles yet […]
Digital Payment Fraud: Strategies and Solutions for E-Commerce Merchants
<p>E-commerce has transformed the way we do business, but it has also increased the risk of digital payment fraud. In order to protect themselves and their customers from fraudulent activities, e-commerce merchants must be vigilant and proactive. </p><p>We’ll go over some of the most effective strategies and solutions for combating digital payment fraud in this […]
FTX Seeks Permission to Sell $45M Stake in Sequoia Capital
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. FTX’s investment arm Alameda Research has agreed to sell its interest in venture capital (VC) firm Sequoia Capital to the Abu Dhabi sovereign wealth fund for $45 million, according to court filings. Sequoia was […]