Bitcoin Has Mainly Traded Flat in 2023 as ETH L2s Lead Altcoin Uptick

Neither the author, Ruholamin Haqshanas, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Bitcoin has seen a sharp decline in volatility entering 2023. The flagship cryptocurrency has been more stable than gold, the dollar strength index, Nasdaq, and the S&P 500 over the past nine days. On […]

Read More

Binance Addresses Reported Failure to Properly Back BUSD

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. After Bloomberg reported on Tuesday that Binance’s Paxos-issued BUSD stablecoin wasn’t always properly backed and at points had a discrepancy of over $1 billion, Binance responded with a blog post explaining the matter.. According […]

Read More

NFT Marketplaces, Exchanges, Payment Service Providers and Banking Firms Increasingly Seek Leaner Staff

Layoffs and workforce readjustments themed the tech industry last year, especially in the second half, as players, regardless of size and revenue, grappled with cutting costs amid strained financials fashioned by a worsening macro-economy. Though the new year has been friendly in the market as to gains witnessed thus far, the redundancy narrative has prevailed […]

Read More

DCG’s Silbert Opens up on Genesis and 3AC, Gemini Terminates Earn Program

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. This Tuesday, DCG’s Barry Silbert published a shareholder letter containing a Q&A section in which he extensively discusses the relationship between the Digital Currency Group, Genesis, and Three Arrows Capital. While the letter makes […]

Read More

How Venture Capital Can Identify and Evaluate Promising Web3 Projects in 2023

by Eloisa Marchesoni, of Tokenomics.Agency, LTD. The Web3 landscape can be challenging due to the rapid pace of innovation and constantly changing nature of the blockchain ecosystem. It is important for investors and entrepreneurs to stay informed, have a strong network of industry contacts, and carefully evaluate the risks and rewards of different projects. The […]

Read More

SPiCE VC Beats the Odds in 2022 – Announces Hearty Return in EOY Results

SPiCE VC, the first fully tokenized venture capital fund, announced a stellar 2022 despite the persistent economic headwinds. The company revealed that SPiCE’s Internal Rate of Return (IRR) — an estimate of potential investment profitability — was 50%, much higher than the average VC IRR, which was only 17%. Furthermore, SPiCE’s Multiple on Invested Capital […]

Read More