SEC and CFTC Charge Co-conspirators in FTX Collapse; FTT Labeled “Crypto Security Token”

Caroline Ellison, the pre-implosion CEO of Alameda Research, and Zixiao (Gary) Wang, the former Chief Technology Officer (CTO) of fallen crypto exchange FTX, have been labeled co-conspirators and charged by US authorities for their roles in the FTX implosion. This comes days after the US authorities filed charges against Sam Bankman-Fried (SBF), the ex-CEO of […]

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Marshall Islands Adopt Law Recognizing DAOs as LLCs

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The Marshall Islands passed a law that recognizes non-profit and for-profit DAOs as limited liability companies (LLCs), the government announced Thursday. The move comes just a few months after Marshall Island became the first […]

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Meet the Improved B2BinPay! – New Pricings, New Active Tokens, & More!

<p class=”MsoNormal”>B2BinPay has announced the latest update to its product. In order to considerably cut expenses and make it simpler for all interested companies to use the company’s services, B2BinPay has revised its <a href=”https://b2binpay.com/en/fees-pricing/” target=”_blank” rel=”follow”>fees and pricing policy</a>.</p><p class=”MsoNormal”>Moreover, there is a significant change visible in B2BinPay’s commissions, their main website, <a href=”https://b2binpay.com/en/cryptocurrency-wallets/” […]

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How Bank Runs Became the Ultimate Proof of Reserves for Exchanges 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. Even before Bankman-Fried was arrested for breaking every rule in the book, proof-of-reserves (PoR) had become a popular crypto term. However, following both the FTX collapse and the recent Binance FUD, what is the […]

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Australian Crypto Exchange Swyftx Shelves $1.5bn Merger with Superhero

<p class=”MsoNormal”>Brisbane-based cryptocurrency exchange, Swyftx, and shares trading and superannuation platform, Superhero, have abandoned a merger deal they agreed to earlier in June. The deal was supposed to create “a $1.5 billion financial services giant” through the integration of platforms.</p><p class=”MsoNormal”>Swyftx, Superhero Merger Plan to Create Crypto Giant Shelved </p><p class=”MsoNormal text-align-justify”>Announcing <a href=”https://swyftx.com/media/press-releases/swyftx-and-superhero-merge-to-create-countrys-first-financial-superapp/” target=”_blank” […]

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Video Game Industry Vets Pick ImmutableX to Build Their AAA Web3 RPG

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Metaverse Game Studios announced today it picked the Ethereum-based Web3 platform to build its upcoming RPG title Angelic. The team behind the game is comprised of industry veterans that previously worked on releases like […]

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