Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The world’s biggest payment processors Visa and Mastercard are temporarily halting any new crypto partnerships and initiatives due to the persisting market downturn that sent several prominent firms into bankruptcy. Still, the downturn does […]
Tag: STO
UAE’s Emirate to Launch ‘Oasis’ for Crypto Companies
<p>Ras Al Khaimah (RAK), one of the emirates that form UAE, has announced the creation of the first free economic zone fully dedicated to virtual assets and digital companies, dubbed RAK Digital Assets Oasis.</p><p>UAE Opens Digital Assets Oasis</p><p>According to the Persian Gulf media outlets, the decision was made this week at the <a href=”https://www.financemagnates.com/thought-leadership/4-blockchain-events-to-watch-out-for-in-dubai-in-q1-2023/” target=”_blank” […]
SEC Is after Robinhood’s Crypto Listings
<p>American commission-free broker, Robinhood Markets Inc (Nasdaq: HOOD), revealed in a filing on Monday that it received an investigative subpoena from the US securities regulator over inquiries around cryptocurrency listings.</p><p>Robinhood Received Subpoena from the SEC</p><p>The subpoena was issued last December, and its primary purpose was to know the operations of Robinhood’s crypto arm. Apart from […]
SEC Investigating Robinhood Over its Cryptocurrency Offering
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. According to a report from Monday, February 27th, the Securities and Exchange Commission subpoenaed the popular online broker Robinhood over its cryptocurrency offering. The subpoena was, reportedly, issued shortly after FTX filed for bankruptcy. […]
The Top 10 Meme Coins To Buy In Early 2023
Besides Dogecoin and Shiba Inu, Web3 is filled to the brim with exciting new meme coins. In the past, many meme coins lacked utility, and holders could do little with them besides watch the price go up and down. Now, Metacade, Shiba Inu, Dogecoin, and many more, are changing the game for meme coins in […]
Binance moved $1.8B of customer funds in a move similar to FTX: report
Binance reportedly moved the funds between August and December 2022. A Forbes report claims Binance sent the money to various hedge funds and platforms, including Cumberland, Alameda Research and Tron. CSO Patrick Hillmann says there was no commingling of funds. Binance reportedly moved more than $1.8 billion in customer funds to different firms, sending them […]
FTX News: New CEO Takes FTX Reins While Metacade Surges in Presale
A public spat between the old and new CEOs of FTX has recently hit the headlines, but investors have not lost confidence in the future of Web3. Metacade, a brand-new project, is helping the industry move away from the FTX collapse, with significant success already during the first half of its presale. More FTX news […]
Isreal’s Stock Exchange Mulls Letting Non-Banking Members Offer Crypto Trading
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Tel Aviv Stock Exchange (TASE) published a draft proposal that would allow non-banking members (NBMs) to let their users trade cryptocurrencies, according to a Monday press release. The move is part of the exchange’s […]
Tel Aviv Stock Exchange Proposes Allowing Crypto Trading
<p>The Tel Aviv Stock Exchange (TASE) has become another traditional trading floor to hop on the accelerating cryptocurrency wagon by allowing customers to transact digital assets. On Monday, TASE started a public discussion on draft rules to approve Non-Banking Members (NBMs) to trading cryptos.</p><p>TASE Wants to Allow Crypto Trading</p><p>The proposed structure allows customers to deposit […]
Only 14% of Ethereum’s Supply is Staked as Investors Await Shanghai Upgrade
Neither the author, Ruholamin Haqshanas, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Ethereum currently has a staking ratio of around 14%, which is the amount of staked ETH versus its circulating supply. In comparison, other proof-of-stake (PoS) blockchains like Cardano and Solana have a staking ratio […]
