<p class=”MsoNormal text-align-justify”>No doubt, 2022 has been a hectic year for the global cryptocurrency industry. At the start of the year, the market capitalization of the global cryptocurrency industry stood at $2.19 trillion dollars. However, the market cap collapsed by 63% to about $820.7 billion by mid-June, bearing scars of the wide turn of events […]
Tag: STO
India Wants to Make Global Crypto Regulation Top Priority of G20 Presidency
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Earlier today, the Reserve Bank of India published its financial stability report. According to the document, the nation wants to use its G20 presidency, assumed on December 6th, to coordinate global crypto regulation. RBI […]
UK’s NFT industry expected to grow to $9,257 million by 2028
The United Kingdom’s NFT industry is expected to grow at a CAGR of 34.5% over the next 5-6 years. NFT spend in the UK will increase from $1,725.2 million in 2022 to $9,257.0 million by 2028. Increased adoption, government support and venture funding are key factors to that growth. The global non-fungible tokens (NFT) market […]
China is Getting a State-Backed NFT Marketplace on New Year’s Day
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. China is launching a state-backed NFT marketplace with secondary trading on the first day of 2023, according to local reports. The “China Digital Asset Trading Platform” will be launched by two government-backed entities and […]
Court Sentences Hacker to 6 Years for Stealing $6.7M from Nexon CEO in May
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. A South Korean court sentenced an unidentified 39-year-old hacker to six years in prison and fined him 600 million won after he was found guilty of participating in a $6.7 million crypto hack targeting […]
Solana (SOL) falls below $10 as Bitcoin (BTC) holders brace for a fourth consecutive red quarter
The broader crypto, bar some alts, has been fairly dormant in the days succeeding the Christmas holiday. This has consequently presented keen market followers with a chance to take a breather and reflect on the year that 2022 has been. The leading cryptocurrency, Bitcoin, resumed a gentle downtrend yesterday inspired by negative volatility after Boxing […]
Looking Back at Crypto’s Utility During the Russian Invasion of Ukraine in 2022
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The Russia-Ukraine conflict is cracking into a faultline for a multipolar world. It caused Germany, Europe’s economic engine, to have the first trade deficit in 30 years, now facing deindustrialization due to energy costs. […]
North Korean Hackers Continue Assault on Digital Assets
While Iranian state hackers have conducted ransomware attacks and crypto mining, and Russia is understood to use private ransomware groups in some capacities, the North Korean government is the only major adversary to include financial cybercrime in its offensive activities as a core objective. North Korea’s cybercrime program is hydra-headed, with tactics ranging from bank […]
Market Watch: Kraken to Exit Japan, Argo Blockchain Secures $100M Bailout, Defrost and BitKeep Security Incident Updates, and more
A cocktail of adverse factors ranging from the collapse of the Terra ecosystem, Chapter 11 bankruptcy filing of FTX entities, miners’ strain and an undermining macro environment have collectively fettered the digital assets sector. Crypto market data provider RootData estimates that almost 100 crypto-related projects have closed, filed for bankruptcy, vanished, or their websites become […]
Fantom Targets Great Start in 2023 as Solana and Octopus Networks Suffers Huge Blows
The planned migration of Solana’s leading NFT collections, DeGods and y00ts, from the network was Boxing Day’s biggest headline in crypto. The projects, created by Rohun Vora, separately announced the moves on Monday via Twitter but neither shared specific details. DeGods intends to bridge to Ethereum, while y00ts is working with a similar timeline of […]
