Today we are going to talk about staking with Lee Kohn, the Head of the security department of the staking platform, known as RSTAKING. Staking is a method of earning passive income when users hold their coins in the Proof of Stake (PoS) algorithm and guarantee the functioning of the blockchain. Thanks to this algorithm, […]
Tag: STO
IMF Executive Board: Ban on Crypto Not Ideal, But Should Not Be Ruled Out
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 23rd, the IMF Executive Board published the conclusions on the organization’s recent “Elements of Effective Policies for Crypto Assets” paper. According to the publication, the executives find that “the supposed potential benefits […]
NFT Activity Teases Resurgence: The Good, The Bad and The Ugly
The non-fungible tokens (NFT) niche appears to be staging a comeback, at least according to recent on-chain activity and the recent buzz fueled by the latest developments in the sector. The renewed interest in the space this year has swollen this month, with several brands either announcing their entry into the space or advancing their […]
What is an Ordinal? Here is What You Need to Know
Ordinals have been a hot topic in the Bitcoin community recently. They first started flooding the Bitcoin network earlier this month, and as the hype continued to build, it peaked with hundreds of ordinals inscribed. But what are they exactly? Ordinal Inscriptions are digital assets similar to non-fungible tokens (NFTs). They can be inscribed into […]
SEC and NY Attorney General Object to Binance’s $1B Voyager Deal
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. On Wednesday, the US Securities and Exchange Commission (SEC), New York state regulator, and Attorney General Letitia James submitted new filings in the New York Southern District Bankruptcy Court to oppose Voyager Digital’s proposed […]
DZ Bank Counts on Metaco to Offer Crypto Assets Custody
<p>DZ Bank, one of the largest German banks in terms of held assets, has announced its newest partnership with Metaco, a digital assets <a href=”https://www.financemagnates.com/terms/t/technology-provider/” class=”terms__main-term” id=”35d66747-cf26-42b4-be1f-d75d2fdd8824″ target=”_blank”>technology provider</a>, widening its current asset management and custody services with digital currencies. </p><p>Metaco Enters into Partnership with DZ Bank</p><p>According to Thursday’s press release sent to Finance Magnates, […]
Bitcoin Reclaims $24K on FOMC Minutes Release, Stacks (STX) and Tezos (XTZ) Up Double Digits
The crypto market embraced a minor pullback on Tuesday amid growing selling pressure and heat from the recent crackdown by market regulators. Bitcoin assumed a downward course towards $23,580 on Wednesday after suffering multiple rejections around $25,200 earlier this week. The leading asset has, however, displayed resilience in the face of the recent turmoil in […]
Binance Introduces Semi-Automated System to Improve Reserves-Management
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 Wednesday report, Binance, the world’s largest crypto exchange, is moving toward a new partially automated system for managing token-backing reserves. The company has come under increased regulatory scrutiny over the past […]
Dapper Labs Must Face Class Action Alleging Its NBA NFTs Are Securities
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. This Wednesday, a Federal Court ruled that Dapper Labs must face trial over their NBA “Moments” NFT collection. In 2021 the company became a target of a class action lawsuit alleging that the basketball-themed […]
Deutsche Bank Launches Tokenized Fund on Memento Blockchain
Deutsche Bank (DBK), in collaboration with the Memento Blockchain, has successfully completed a proof of concept called Project DAMA. The Project Digital Assets Management Access (DAMA) provides a more efficient, secure, and flexible digital fund management and investment servicing solution. This collaboration between the two companies demonstrates their commitment to providing innovative solutions that meet […]
