For more than a decade, Bitcoin has been gaining in both popularity and relevance around the globe. Its success has spawned countless knock-offs, outright scams, and only a handful of short-lived actual competitors. At the end of the day though, Bitcoin has persisted, remaining the backbone of the digital asset sector. For this to remain […]
Tag: STO
AGIX price defies gravity as Singularity demand soars
SingularityNET’s token has risen in the past six days and moved to its October high. It has surged by over 200% from its lowest point in 2022. AGIX price has defied gravity in the past few days. SingularityNET’s token has soared in the past six straight days and is trading at $0.10, the highest point […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
What is a Cap Table, and Why are they Important?
A cap table (short for capitalization table) is a document (spreadsheet or table) that provides an analysis of a company’s ownership percentage and value of equity in each round of investment by investors; it is used to understand who owns what in a company and how ownership is divided. Why is a Cap Table Important? […]
Markets: Flare Concludes Initial FLR Airdrop, Bonk Inu to Mint NFTs on Magic Eden
Flare Network finally went ahead with its first-ever token airdrop late Monday, completing the event at 11:59 PM UTC. The airdrop, one of the largest in the digital assets space, comes after a two-year-long wait. Market participants have previously traded the coin using an IOU token on supporting digital asset trading platforms like Poloniex. A […]