Amidst the ongoing crypto market meltdown, initiated by back-to-back setbacks the crypto industry has had to endure since 2021, another cryptocurrency exchange appears to have bitten the dust. Before we delve into the matter, let’s turn back the clock to the first half of 2021. This was the time of the Terra-USD stablecoin collapse, which […]
Tag: STO
7 “Best” Financial Magazines Savvy Investors Should Read (November 2022)
Information is probably the most valuable asset of an investor, as markets are ultimately driven by fundamental factors. Both institutional and retail investors would like to be the first to access meaningful insights that could provide relevant arguments for making quality decisions. In this article, we present seven financial magazines that every savvy investor should […]
Can LP Tokens Add Value to DeFi Lending Ecosystems?
<p>Currently, there is over $41 billion Total Value Locked on DeFi protocols. Decentralized exchanges and lending protocols accumulate the lion’s share of this TVL. However, as DeFi stands, unique possibilities exploiting the convergence of these two dominant markets are still to be leveraged.</p><p>Liquidity providers (LPs) in Automated Market Maker (AMM) models like Uniswap and SushiSwap […]
Top Metaverse Cryptos to Invest in 2023
When Facebook, the single most popular social media platform, rebranded itself as Meta and entered into the metaverse sphere, it signaled a major shift towards a metaverse-centric future. Since then, popularity in the metaverse has been steadily building itself into an opportunity with awesome potential. With the advancement of Web3, the landscape of the internet […]
Belgian Regulators Explain BTC, ETH Are Neither Instruments nor Securities
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, November 24th, the Belgian Financial Services and Markets Authority (FSMA) published a document regarding digital assets. The “classification of crypto-assets as securities, investment instruments or financial instruments” strives to provide answers to […]
Microsoft-Backed WEMIX Token Delisted from S.Korean Exchanges
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. South Korea’s top 5 cryptocurrency exchanges announced the delisting of the gamefi token WEMIX on Thursday. The move comes after WEMIX provided false information, causing confusion among investors, according to local reports. WEMIX Token […]
The Bahamas Regulator Justifies Move to Cease Local FTX Clients’ Assets
<p>The Securities Commission of The Bahamas on Wednesday released a statement justifying its move to cease the customer assets of the local <a href=”https://www.financemagnates.com/tag/ftx/” target=”_blank”>FTX</a> entity, FTX Digital Markets Ltd (FDM). It came after several questions were raised against the action of the Bahamian regulator.</p><p>”It is unfortunate that in Chapter 11 filings, the new CEO […]
Bitcoin Cash reclaims $110 support. A reason to be optimistic about further gains?
Wednesday’s relief rally among most cryptocurrencies underlined investors’ confidence was crawling back. Crypto tokens, such as Bitcoin Cash (BCH/USD), had lost key important levels post the collapse of the FTX exchange. However, the latest bullish rally has helped the token of the Bitcoin fork claim an important level at $110. The cryptocurrency traded at a high […]
The FTX Debacle Explained
The collapse of FTX, until recently the second-largest crypto exchange in the world, is one of the most dramatic events ever to have happened to the nascent crypto industry. The material losses and financial contagion from this event have devastated many market participants. But given the public image of FTX as a good-faith actor and […]
New York AG Urges Congress to Ban Bitcoin from Retirement Funds
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. New York Attorney General Letitia Games asked US lawmakers to ban crypto investments in individual retirement accounts (IRAs) and retirement plans like 401(k) and 457, she wrote in a letter to Congress. James emphasized […]
