In the wake of the FTX collapse, the ripple effect has been felt throughout the crypto community. New facts have come to light as more crypto firms have confirmed some form of exposure to FTX. The crypto community has stood united, digging for facts. The trust in centralized entities has waned, some have called it […]
Tag: STO
New York Fed Partners with US Banks on 3-Month Digital Dollar Project
<p class=”MsoNormal”>The Federal Reserve Bank of New York’s Innovation Centre (NYIC) in partnership with some US banking giants has kickoff a three-month digital dollar proof-of-concept (PoC) project. </p><p class=”MsoNormal”>This project “will explore the feasibility of an interoperable digital money platform known as the Regulated Liability Network (RLN),” the US banking community noted. The goal of […]
Uniswap is showing bullish signs, but how far can it go?
Uniswap (UNI/USD) trades with weekly gains of 8%. Only a handful of cryptocurrencies have posted gains in the past week. A drop below the key support of $5.6 after the FTX collapse was quickly followed by a sharp recovery. That helped bulls to recapture the key level, with UNI trading at $5.8 as of press […]
Trust Wallet integrates with Binance Pay and Coinbase Pay
The integration with Binance Pay and Coinbase Pay is designed to enable seamless crypto transfer for Trust Wallet users. Trust Wallet, a leading self-custodial and multi-chain wallet provider, announced on Wednesday, November 16th, that it had integrated with Binance Pay and Coinbase Pay. In a press release shared with Coinjournal, Trust Wallet said the integration […]
SEC Enforcement Recovers A Record $6.5B with a Focus on the “Rapidly Evolving Crypto Asset Securities Space”
The US Securities and Exchange Commission (SEC) released a report on Tuesday, sharing that in the fiscal year 2022, it filed a total of 760 enforcement actions – 9% more than the prior year. These included 462 new, or “stand-alone,” enforcement actions that involved everything from “first-of-their-kind” actions to cases charging traditional securities law violations. In […]
With $3+ Billion in Deposits, Gemini Earn Halts Withdrawals
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 an update from Gemini on November 16, 2022, Gemini’s Earn program has paused withdrawals. Gemini advertises up to 8.05% APY on select cryptocurrencies deposited on its platform. By the end of August […]
NFTs for Fintechs: From Asset Class to the Machinery of Ownership
<p class=”MsoNormal”>It’s time to make your final preparations for Finance Magnates London Summit, which will be underway next week on November 21-23. Several notable panels and sessions are headlining the event, including several across the Innovate Stage. </p><p class=”MsoNormal”>This year’s event looks to be bigger and more expansive than ever before, with FMLS now in […]
Binance Gets Regulatory Nod for Custody Services in Abu Dhabi
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Binance secured approval from the Financial Services Regulatory Authority (FSRA) in Abu Dhabi, allowing the crypto exchange to provide custodial services to clients. The move comes several months after Binance received its In-Principle Approval […]
Decentralization is Trending: DEX Tokens Surge Post FTX Collapse
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. After FTX/Alameda Research imploded, we are seeing a dual migration of digital assets. As bank runs threaten centralized exchanges, decentralized exchanges are taking up the trading volume. Consequently, DEX tokens are surging ahead of […]
5 “Best” Centralized Exchange Tokens (November 2022)
Before diving in to our list for the top centralized exchange tokens, we want to make it clear that by using such platforms, you are typically entrusting the safety of your assets to another. While there may be a time and place to use centralized exchange tokens (namely as a means of transaction fee payments […]
