The whereabouts of Do Kwon, one of Terraform Labs’ co-founders, have remained unascertained since the mid-May crash of the cryptocurrency project. Prosecutors in South Korea, where Kwon is wanted for his putative involvement in the cave-in of the ecosystem, which commanded a $40 billion market cap in the month leading to its catastrophic collapse, have […]
Tag: STO
Fantom (FTM) News and Updates – Stable Reserves and Timely Integrations
Fantom (FTM) is a project that continues to attract new traders and developers. This high-performance layer 1 blockchain was built to be scalable and EVM-compatible. Since its launch, the network has captured the attention of traders due to its unique characteristics and its large active community. A lot has happened since Fantom entered the market […]
Weekly Trading Volume for Digital Asset Investment Products at 2-Year Low: Report
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Trading volume in digital asset investment products plunged to a 2-year low last week, the latest weekly report by CoinShares found. However, general investor sentiment around the asset class has improved since mid-November, with […]
9 Best Crypto Presales to Invest in 2022 (Upcoming Presales)
With the crypto world continuing to rapidly expand, investing in new digital assets can be a tricky endeavour but also highly lucrative. To ensure you make smart decisions with presale investments, this guide takes an expansive look at upcoming projects – outlining how investors can find their ideal asset from all the best crypto presale […]
Banks Worldwide Might Soon Have to Back Bitcoin With Traditional Capital
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 report from Friday, banks all across the world might soon be subjected to a new set of rules regarding digital assets. The proposed regulation would divide cryptocurrencies into “group 1”—which will […]
WEMIX Issuer Buys $10M Worth of Tokens After Delisting by Exchanges in S. Korea
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. On early Friday, the WEMIX gaming token rose by 41%, following the news that the token’s issuer Wemade will buy back $10 million worth of WEMIX. Thus with $10 million worth of tokens removed […]
This week in crypto: Gnosis becomes the second blockchain to complete The Merge
Gnosis blockchain completes The Merge and migrates to a proof of stake protocol. Coinbase expects 2022’s revenue to decline by 50% or more from 2021. PayPal begins crypto operations in Luxembourg. Gnosis blockchain completes The Merge First Ethereum, now Gnosis. Gnosis announced earlier this week that it has migrated to a Proof of Stake (PoS) protocol […]
VASP Included in Newly Amended Hong Kong AML Regulations
A bill to amend the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO) has been passed by the Legislative Council in Hong Kong. One of the amendments to AMLO seeks to introduce a licensing regime for virtual assets service providers (VASP). An earlier proposed amendment bill specified that the licensing regime would take effect from March […]
SEC Wants Firms to Report Impact of Crypto Bankruptcies, Excess Withdrawals
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. On Thursday, December 8th, the Security and Exchange Commission’s Division for Corporate Finance posted a sample letter for companies concerning the “recent developments in crypto asset markets”. The sample has multiple requirements with some […]
Crypto overview November 2022
Cryptocurrency prices have declined significantly in 2022, with crypto assets tracking the performance of stocks such the Nasdaq 100. An overview of three top cryptocurrencies in Bitcoin, Ethereum and Ripple highlights the opportunities and risks that abound. Investors seeking to trade on contracts for differences, CFDs, for crypto need to do due diligence and understand […]
