SEC Charges $116M Mango Markets Exploiter With Market Manipulation

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. On January 20th, the Securities and Exchange Commission announced its charges against Avraham “Avi” Eisenberg. Eisenberg, already arrested for fraud and in custody in Puerto Rico, is charged with manipulating the price of MNGO […]

Read More

Ransomware Revenue Dropped By 40% in 2022: Here’s Why

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Chainalysis’ latest crypto crime report shows a -40% decrease in ransomware revenue in 2022 compared to 2021. However, despite the profitability decline, there has been a marked increase in the types of malware code […]

Read More

BIS Introduces DeFi Stack Reference (DSR) Model to Highlight the Technology’s Functionality and Risks

The Bank for International Settlements (BIS) released a new working paper titled “The Technology of Decentralized Finance,” discussing DeFi as the new financial paradigm this week. It discusses the emergence of DeFi, which has seen rapid growth in recent years, and how it can interoperate with traditional finance. Headquartered in Basel, Switzerland, BIS is an […]

Read More

Blockchain uses: The real expansion has just begun!

Blockchain is changing industries and bringing the benefits of the new technology to every day life. Medical innovation and data confidentiality are big trends. Blockchain technology in gaming, supply chain management and digital identity verification are also huge steps. In recent years, application cases for blockchain have extended significantly beyond bitcoin, with various businesses embracing […]

Read More

Busan to Establish Decentralized Digital Asset Exchange by the End of 2023

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 local report, the Busan Digital Asset Exchange Establishment Promotion Committee held its very first meeting on Thursday, January 19th. At the meeting, it was announced that the South Korean city will […]

Read More

Education Efforts Ramping Up With Digital Assets Primed to Play a Key Role in Future Finance

Digital assets and the technology that powers them are visibly here to stay. The effects of this disruptive technology have been felt mostly in the finance sector. In just a little over a decade, blockchain technology and its most popular real-world application – cryptocurrencies – have gone from being “Satoshi’s vision” written in a whitepaper […]

Read More