<p>Binance, the world’s biggest cryptocurrency exchange by trading volume, admitted to storing by “mistake” customers’ funds and the collateral of some of the tokens it issues. </p><p>According to Bloomberg, Binance issues 94 Binance-peg tokens, also called ‘B-Tokens’. However, almost half of the reserves of these tokens are kept together with customers’ funds in a cold […]
Tag: STO
The global crypto meltdown: Is it the end or just a new start?
Cryptocurrency, volatility and the risks therein. What’s crypto’s long-term viability, including the impact of decentralised finance (DeFi). Are Central Bank Digital Currencies (CBDCs) evidence that crypto is here to stay? Since the introduction of the first cryptocurrency transactions and digital tokens in the 1990s following their democratisation in the 2010s, the current crisis in the […]
Lightning Network is Synonymous Bitcoin – These Blockchains Use it Too
The Lightning Network (LN) is a layer two protocol that operates on top of the Bitcoin blockchain. It is designed to enable near-instant, low-cost, scalable Bitcoin payments. Lightning Network is often thought of as Bitcoin’s “scaling solution” because it has the potential to allow the Bitcoin network to process a much larger number of transactions […]
Bitfinex Offers Crypto Cards-as-a-Service Product from Tap Global
<p>Bitfinex, one of the leading crypto exchanges, has become the first client for Tap Global and its newest Cards-as-a-Service (CaaS) platform. With the latest B2B product, companies can offer their clients prepaid debit cards to enhance their offerings.</p><p>Tap Global Partners with Bitfinex</p><p>According to Tuesday’s press release, Tap Global is a publicly listed (AQSE:TAP) provider of […]
Swiss Bank Cité Gestion hires digital assets firm Taurus to tokenize its shares
Cité Gestion is the first bank to tokenize its own shares. The bank has partnered with digital assets firm Taurus in issuing tokenized shares. The tokenized shares have been created in accordance with Capital Markets and Technology Association (CMTA). Cité Gestion, a private Swiss private bank, has partnered with digital assets firm Taurus to tokenize […]
Compound (COMP) Updates – Faster Protocol with New Features
Compound (COMP) is one of the leading forces behind the DeFi movement. The firm pioneered the concept of yield farming and has remained a popular option for users since its launch. According to company documentation, the platform now has over $3 billion in assets. Additionally, it has had $285 billion in total transaction volume since […]
SEBA Bank Launches New Offering to Simplify Crypto Banking
<p>SEBA Bank, a Swiss-based <a href=”https://www.financemagnates.com/tag/digital-asset/” target=”_blank” rel=”follow”>digital asset</a> banking platform, has presented a new offering to make cryptocurrency banking easier and to match the needs of traditional and digital investors.</p><p>SEBA Bank Presents a New Offering</p><p>According to Monday’s press release, SEBA Bank is introducing three types of exclusive programs that customers can choose between as […]
Aptos and Optimism Resume Charge as Bitcoin Clears $23,000 in Weekend Action
A late evening Friday rebound propelled the price of Bitcoin past $22,000 for the first time since August, while Ethereum eased and settled nicely above the $1,600 mark. This somewhat-unanticipated spike, coming against a background of chaos and concern this week, lasted briefly before the market cooled off, wrapping up the last weekday with more […]
Blockchain Capital’s BCAP Token Q4, 2022 Results
Blockchain Capital launched the first security token back in April 2017, this was to be the first tokenized venture fund. This STO event raised $10M USD with each token selling for $1.00. On January 1st, 2023 they announced that the net asset value (“NAV”) of each BCAP token as of December 31th, 2022, is $18.00, […]
Bitcoin Above $22K For the First Time Since Mid-September
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Despite some FUD caused by the DoJ announcement of an announcement on Wednesday, Bitcoin is continuing its 2023 rally and is up nearly 6% on Friday alone. Other cryptocurrencies are on a similar path […]
