California’s DFPI Targets 11 Crypto Firms Calling Them Ponzi Schemes

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. California’s state regulator, the Department of Financial Protection and Innovation (DFPI), announced on Tuesday it filed a series of complaints against 11 little-known crypto firms. According to the press release, the companies acted in […]

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Buffett-Backed Nubank Attracts More Than 1.8M Users to its Crypto Platform

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. In a press release from Monday, Brazil’s digital Bank Nubank announced it reached more than 70 million users. Of special note is that more than 1.8 million people used its crypto exchange which was […]

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Wintermute Hackers Used 3pool to Protect Stolen Funds: Report

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Last week’s Wintermute hack is showcasing how Tornado Cash sanction affects the flow of stolen funds. Kaiko reported that $114.4 million worth of stablecoins was funneled into Curve’s 3pool. As a neutral financial privacy […]

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China Arrests Crime Group Responsible for Laundering $5.6B in Crypto Funds

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Chinese authorities arrested a major criminal organization responsible for laundering $5.6 billion worth of crypto money, according to local reports. The arrest comes as a part of China’s campaign known as “Hundred-day Action” aimed […]

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Ethereum Classic and Post-Merge Ether Tokens Fail to Impress, EthereumPoW Begins Compiling Eco List

Ethereum PoW (ETHW), EthereumFair (ETF) and Ethereum Classic (ETC) tokens have all lost value since the Ethereum mainnet integration with Beacon Chain. The poor performance comes on the back of JPMorgan expressing concerns about post-merge Ethereum. In a research note, the multinational investment bank itemized several problems that currently hamper the network. JPMorgan specifically listed […]

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Coinbase Facing a $350M Patent Lawsuit

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Veritaseum Capital LLC, a crypto company specializing in patents meant for encoding contracts for DeFI transactions, filed a lawsuit against Coinbase. According to Veritaseum, the crypto exchange infringed on their patent and proved “uncooperative” […]

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INX Combines Its Security Token and Crypto Trading Platforms Into One

<p class=”text-align-justify”>INX Digital Company, owner of digital assets trading platforms, on Thursday launched INX ONE, a single-entry platform that combines the features of its security token and cryptocurrency trading platforms.</p><p>The company described INX ONE as “the world’s first and only fully-regulated end-to-end platform for listing and trading both SEC-registered security tokens and cryptocurrencies.”</p><p>The new integrated […]

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New UK Bill Increases Law Enforcement Power to Crack Down on Crypto Crime

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The Government of the United Kingdom announced that a new bill got introduced to Parliament on Thursday, September 22nd. This is the biggest upgrade to the powers of the Companies House in 170 years […]

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