Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. “I disagree and therefore dissent”, wrote Hester Peirce, an SEC Commissioner, in her “Kraken Down” statement published shortly after her agency announced a settlement with the cryptocurrency exchange. According to Peirce, the SEC is […]
Tag: STO
3AC Co-founders Unveil New Exchange, LocalBitcoins to Shut Down BTC Trading Services and More
Su Zhu, one of the co-founders of the failed crypto hedge fund Three Arrows Capital (3AC) on Thursday, confirmed on Twitter the news of the launch of Open Exchange (OPNX), whose offerings scope entails trapped user crypto funds. The disgraced crypto-preneur added in the post accompanying the official announcement from the platform that the waitlist […]
Maker DAO Votes to Integrate Chainlink to Help Maintain DAI Stability
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 successful vote earlier on Thursday, Maker DAO announced the integration of Chainlink’s decentralized oracle framework into its Keeper Network. The move is expected to improve the overall stability and health of Maker’s […]
Dubai Regulator Issues Guidance on Digital Assets
Dubai’s Virtual Asset Regulatory Authority (VARA) published a new set of rulebooks this week that lays out extensive requirements for cryptocurrency firms. All crypto-related activities and firms fall under the supervision of the Virtual Assets Regulatory Authority, which was set up last year to regulate the nascent crypto sector as Dubai seeks to attract crypto […]
TP ICAP Taps Chainlink to Introduce FX Pricing Data to Blockchain
<p>TP ICAP, a provider of information and electronic market infrastrctuure, has tapped Web3 services provider, Chainlink Labs, to provide institutional-level forex pricing data to the <a href=”https://www.financemagnates.com/terms/b/blockchain/” class=”terms__main-term” id=”be18ed01-45fc-4044-b447-06802a10dbcd” target=”_blank”>blockchain</a> ecosystem. The company has also joined the Chainlin Network, both firms announced in a joint statement on Thursday. </p><p>According to the statement, TP ICAP will […]
Fornax Launches Blockchain Version 1.0 with Limited Supply of 20 Million Coins, Smart Contract Support, and Cutting-Edge Technology
Fornax, a new player in the decentralized blockchain world, has announced the launch of its blockchain version 1.0 pre-sale. This version is limited to a total supply of 20 million Fornax Coins and offers investors an opportunity to get in on the ground floor and support the development of this promising blockchain. In addition to […]
Argo CEO Follows CFO In Exiting Firm, Hut 8 Advances with Merger Plans, and More
Cloud mining firm BitFuFu on Tuesday issued a statement communicating a second delay to its plans for public listing via a special-purpose acquisition company (SPAC) with a new deadline now set for May. The Bitmain mining arm first revealed its intentions to become publicly listed by a merger with Arisz Acquisition Corp in Jan 2022, […]
ESMA Sees High Market Risks and Warns of Further Declines
<p>The EU’s financial markets supervisor and regulator, the European Securities and Markets Authority (<a href=”https://www.financemagnates.com/tag/esma/” target=”_blank” rel=”follow”>ESMA</a>), published its newest 2023 Trends, Risks and Vulnerabilities Report, still highlighting high investment risk in the international markets. ESMA warns retail investors that markets could face further downward corrections despite a positive January.</p><p>ESMA Advises Preparing for Further Downturn</p><p>According […]
Robinhood Q4 Crypto Revenue Dips, Board Approves Buyback of SBF Stocks
<p>Robinhood Markets, Inc. (NASDAQ: HOOD) announced its financials for the fourth quarter of 2022, with a 5 percent increase in total net revenue to $380 million, despite an 11 percent decrease in transaction-based revenues to $186 million.</p><p>Robinhood’s Crypto Revenue Dips</p><p>The platform’s revenue from cryptocurrency trading took a massive hit as it declined to $39 million, […]
Coinbase CEO Says SEC May Be Moving to Ban Crypto Staking in US
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 afternoon, Brian Armstrong, the CEO of the cryptocurrency exchange Coinbase, published a Twitter thread claiming that the SEC may be moving to ban crypto staking for retail investors in the US. Armstrong […]
