<p>Non-fungible Tokens (NFTs) are a new and rapidly growing market in the cryptocurrency and digital art worlds. NFTs are one-of-a-kind digital assets that represent ownership of a specific item, such as a work of art, a collectible, or music. </p><p>These tokens are stored on a blockchain, which is a decentralized digital ledger that allows for […]
Tag: STO
Crypto Donations Pour In After Catastrophic Earthquakes in Turkey and Syria
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Global crypto exchanges, including Binance, Bitfinex, Huobi, and Bitget, are seeking ways to help those affected by two catastrophic earthquakes that hit Turkey and Syria on Monday. Additionally, Turkish rockstar Haluk Levent teamed up […]
Barry Silbert’s DCG selling off assets at distressed prices, but market doesn’t care
Key Takeaways DCG own the Grayscale Bitcoin Trust, which has been trading at a sizeable discount following concern around the reserves held DCG has begun selling off crypto assets at distressed prices following bankruptcy of Genesis Market seems to have priced this in, but there could be more twists to come A couple of weeks […]
New Dubai Regulations Require Crypto Firms to Obtain License
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The Virtual Assets Regulatory Authority (VARA), the sole regulator of virtual assets in the emirate of Dubai, published a set of regulatory requirements for crypto firms planning to operate in the UAE’s biggest emirate. […]
Binance to Suspend USD Bank Transfers from Wednesday
<p>Crypto exchange giant, Binance is suspending US dollar deposits and withdrawals using bank transfers on its <a href=”https://www.financemagnates.com/cryptocurrency/binance-re-enters-south-africas-crypto-futures-market/” target=”_blank” rel=”follow”>global platform</a> from Wednesday. However, the service limitations will not affect the customers of Binance US, its US-based arm.</p><blockquote class=”twitter-tweet”><p lang=”en” dir=”ltr”><a href=”https://t.co/gM6e3xb9BX”>https://t.co/gM6e3xb9BX</a> customers can continue to safely and securely withdraw and deposit USD on our […]
Fintech Entrepreneurs to Follow in 2023
<p class=”MsoNormal”>Fintech has undergone a rapid transformation, disrupting traditional financial services and banking methods. </p><p class=”MsoNormal”>The global market size for fintech was <a href=”https://www.alliedmarketresearch.com/fintech-technologies-market” target=”_blank” rel=”follow”>estimated</a> at $110.57 billion in 2020 and is expected to expand to $698.48 billion by 2030, exhibiting a compound annual growth rate of 20.3% from 2021 to 2030. This growth […]
Elementus Raises $10M After Increasing Valuation 208% in a Single Year
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Elementus, a blockchain analytics firm, announced on Monday, February 6th that it had raised $10 million at a $160 million valuation. The funds raised are reportedly earmarked for hiring and new product development. The […]
VISA Exploring Stablecoin Settlements: Report
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Standing still is not an option in the FinTech industry. One only has to recall Blockbuster’s missed chance to invest in Netflix to see how fast trends can change. Despite Visa’s global market dominance […]
Walmart Files For New NFT, Crypto Trademarks Through Sam’s Club
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Sam’s Club, a subsidiary of Walmart founded by Sam Walton himself, recently filed for several blockchain-related patents. While it isn’t entirely clear what the retail giant’s plans are, the trademarks all pertain to cryptocurrencies, […]
Are Cryptocurrencies a Scam?
<p>Cryptocurrencies have been the subject of much debate and discussion, with views on their potential as an investment and a technology ranging widely. While some believe cryptocurrencies are a scam, others believe they represent a significant technological innovation and investment opportunity. </p><p>Cryptocurrencies are digital assets that encrypt transactions and control the creation of new units. […]