Rethinking Bankruptcy Loss Recovery Using This Proven, Versatile and Regulated Digital Asset The 2008 downfall of Bernie Madoff after his $65 billion Ponzi scheme shook Wall Street to its core. In fact, nearly 15 years after the first headline appeared about the crimes committed, investors in Madoff’s fund are still looking to recover losses. From pension funds […]
Tag: STO
Navigating the Legal Territory of NFT: What to look out for?
According to the NFT aggregator platform- CryptoSlam, the market for Non-Fungible Tokens (NFTs) plummeted from its peak of $17 billion in early 2022 to $460 million in October 2022, a staggering decline of 97.3%. While the decrease in NFT transaction volume may be partially attributed to dropping cryptocurrency prices, NFT developers continue to create NFT. […]
Platform for Employees to Add Crypto to their 401(k) Plans Live in 50 Companies
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. 401(k) provider ForUsAll announced today that 50 of its customers are now allowing crypto investments through Alt401(k), the first retirement platform that allows users to diversify their portfolios and invest in digital assets. A […]
Crypto Regulation and Taxation in India
On Nov. 1, Finance Minister Nirmala Sitharaman said India was “moving speedily forward” with digital financial technology just as the country launched the pilot program of the Digital Rupee in the wholesale segment. Nine banks are participating in the pilot, which is expected to make the interbank market more efficient. The country’s central bank plans […]
Meta’s NFT Marketplace Will Use this Protocol for Storage: What is Arweave?
Neither the author, Ruholamin Haqshanas, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Meta recently announced their plans to bring minting and trading NFTs into the company’s social media platforms like Instagram. Along with Polygon, Meta chose a relatively less-known decentralized storage service called Arweave. Arweave’s native […]
French Burgundy Wine Tokenised through ADDX
ADDX, a Singapore-based full-service capital market platform, has tokenized a portfolio of vintage French wines, sourced from top wineries in the Burgundy region of France. Most of the vintage wines carry the “Grand Cru” appellation, which is the top-tier classification of French wine. The vintage year of the wines falls between 2006 and 2020, and […]
Circle Approved by MAS to Provide USDC Services in Singapore
US-based Circle, which launched USDC stablecoin in partnership with Coinbase back in 2018, obtained a license from Singapore’s financial watchdog to act as a Major Payments Institution. The same license was obtained by Paxos, the company behind the USDP stablecoin. Circle Green-lighted by MAS to Operate as Major Payments Institution Circle, the company behind the […]
Instagram Influencer Pleads Guilty to Fraud Involving Crypto Worth $8M+
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The Department of Justice announced today that Jebara Igbara known online as “Jay Mazini” pleaded guilty to the charges brought against him in March 2022. Igbara’s scheme primarily targeted the Muslim-American community and included, […]
Investing In Terra Virtua Kolect (TVK) – Everything You Need to Know
Terra Virtua Kolect (TVK) is a next-gen NFT ecosystem that was designed to help improve adoption and interoperability between titles. The protocol includes everything you need to create, trade, sell, and collect NFTs across the metaverse. The network spans a host of digital environments including PC, AR, VR, and mobile gaming platforms. Virtua Terra Virtua […]
Australia’s First Crypto ETF to be Delisted Soon: Report
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Asset manager Cosmos is planning to delist its Bitcoin and Ether ETFs in Australia as a result of the ongoing crypto winter, Bloomberg reported Wednesday. Cosmos was the first company to launch crypto ETFs […]
