<p>Binance Labs, the <a href=”https://www.financemagnates.com/terms/a/accelerator/” class=”terms__main-term” id=”0d56ced6-bc8f-406e-84e8-1908a36753ae” target=”_blank”>accelerator</a> and the venture capital division of <a href=”https://www.financemagnates.com/tag/binance/” target=”_blank” rel=”follow”>Binance</a>, poured capital into a new cryptocurrency venture fund Nomad Capital, continuing its efforts to boost the broader digital assets industry. </p><p>Binance Labs Supports Nomad Capital</p><p>Nomad Capital has <a href=”https://medium.com/@nomadcapital/investing-against-the-tide-24b05b993bb8″>outlined</a> in its blog post that the company takes […]
Tag: STO
Ohio Joins $45M Nationwide Unregistered Securities Settlement With Nexo
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. On February 28th, the Ohio Division of Securities announced it is joining a nationwide settlement with the cryptocurrency lender Nexo. In January, Nexo agreed to pay a total of $45 million in penalties in […]
Trust Wallet integrates Ledger hardware wallet for added security
Trust Wallet has announced Ledger hardware support for its browser extension. The new Ledger integration adds a layer of security to the leading self-custodial wallet. Users can now securely manage and store all their assets. Trust Wallet has announced integration with hardware wallet Ledger, with support for the Trust Wallet Browser Extension. The new Ledger […]
NFT certification protocol Wakweli raises $1.1m in its first funding round
Wakweli is a web3 infrastructure protocol that issues certificates of authenticity for NFTs. The funding round was led by Summit, a blockchain investment firm. The funds will enable Wakweli to roll out its product offerings. Wakweli, a Web3 infrastructure protocol that issues NFT authenticity certificates, has closed and announced that it succeeded in rising $1.1 […]
Use of Digital Assets Evolving in Sports Industry: Deloitte Report
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. There was no shortage of skepticism when NFTs first appeared on the blockchain scene. Following three years of cycles and experimentations, which NFT types have stood the market test the best? Deloitte brings some […]
Visa’s Head of Crypto Denies Rumors His Company is Cooling on Crypto
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. After a report indicating that Visa and Mastercard are temporarily halting their digital asset endeavors, the former’s Head of Crypto, Cuy Sheffield, took to Twitter to deny the rumors. According to Sheffield, not only […]
Navigating the Crypto Market
<p>The cryptocurrency market has grown significantly in recent years, owing to increased adoption of blockchain technology and increased demand for digital assets. The total market capitalization of cryptocurrencies reached $1.12 trillion in January 2023, with a Bitcoin dominance level of 40.3%.</p><p>As the cryptocurrency market grows, investors and traders must navigate its complexities, understand key trends […]
The Ongoing Integration of Crypto Payments
<p>If web3 is the incoming new reality and crypto is to achieve mainstream, daily use, then a key area will be around payment integrations. There is talk, particularly in Bitcoin maximalist circles, of a self-contained economy, which in this context means goods and services sold in Bitcoin, and with no requirement to ever switch from […]
Is NEM (XEM) Staging a Comeback or is its Surge in Price a Manufactured Pump and Dump Running Low on Time?
In the past 24 hours, NEM (XEM) has rallied more than 80% out of nowhere and hit $0.0772 — a level not seen since May 2022. With these gains came a jump of over 3,000% in trading volume recorded above $321 million. The $488 million market cap cryptocurrency has been enjoying gains since the beginning […]
How Cryptocurrency Mining Can Support Large Solar-Battery Installations
Digital assets that rely upon a Proof-of-Work (PoW) consensus mechanism, like Bitcoin (BTC), require a significant amount of energy to be mined. With this being the case, an increasing amount of attention over the past few years has been paid towards ensuring large-scale mining operations transition towards using sustainable energy sources. With so many alternatives […]
