As the worlds top digital asset, it is typically Bitcoin (BTC) which dominates news feeds. The pool of promising projects runs much deeper than Bitcoin though. Here is a quick rundown, by market-cap, of the latest news surrounding the markets top five alt-coins (excluding stablecoins). Ethereum (ETH) Coming in as the top altcoin, and #2 […]
Tag: STO
Bitvavo adds staking support for SOL, LUNA2, ATOM
Bitvavo now supports staking for three new tokens- SOL, ATOM and LUNA2. Dutch crypto platform Bitvavo has added three new cryptocurrencies to its staking rewards service. Now with Solana (SOL), Luna (LUNA2) and Comos (ATOM), customers can leverage their holdings to enjoy staking rewards of up to 10% APY. Stake SOL, LUNA and ATOM Staking […]
Babylon Finance to shut down on November 15: BABL price falls by 91%
Babylon Finance, the protocol for DeFi asset management, has issued a statement saying that it shall shut down its services on November 15. This comes after the firm failed to recover from the $80 million Rari/FEI hack that took place in April this year. Babylon Finance is shutting down – Details on the claim process […]
Tokenized metal platform VNX launches liquidity mining
VNX, the first regulated tokenized precious metal investment platform, has launched a liquidity mining program, generating substantial benefits for VNX users, Coin Journal learned from a press release. Holders of VNX Gold now enjoy access to new opportunities for investments on Uniswap V3’s decentralized protocol by offering liquidity to pools for VNXAU-USDC and VNXAU-WBTC. The […]
Indonesian Government to Launch Public Crypto Exchange in 2022
Neither the author, Ruholamin Haqshanas, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Indonesia aims to launch a crypto stock exchange by the end of the year in a bid to protect residents from scams and fraud. The government initially intended to launch the platform in 2021 […]
Ethereum Gains Likely Overstated Ahead of the Merge
Neither the author, Kingsley Alo, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Ethereum’s highly anticipated transition from a proof-of-work (POW) to a proof-of-stake (POS) model is scheduled to go live this month. Consequently, the expectation for the network has skyrocketed. Many analysts believe that the merge […]
Bailouts were snap judgments, and the results have been mixed, says Bankman-Fried
FTX’s CEO has admitted that the bailouts issued to some crypto companies were snap judgments, and the results have been mixed so far. Sam Bankman-Fried, FTX’s CEO, has admitted that some of the bailouts issued to cryptocurrency companies were snap judgments. He made this known during a recent interview with Bloomberg. Bankman-Fried admitted that FTX […]
Bitcoin Maxi Michael Saylor and MicroStrategy Sued for Tax Fraud
The District of Columbia’s Attorney General Karl Racine today revealed that Washington DC is suing former MicroStrategy CEO Michael Saylor for failing to meet his tax obligations. Racine shared details of the legal action in a series of tweets, disclosing that Saylor has resided in the District for over a decade without remitting the required […]
16 Arrested in South Korea Over $2B Worth Foreign Exchange Violations
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 local news outlet, 16 people were arrested this Tuesday in South Korea over foreign exchange violations including digital currencies. Two of these were handed over to the prosecution, seven were fined, […]
‘Stablecoin Infrastructure’ Integration Being Studied by Polymesh – First Up? USDS
Digital securities are not the same as your typical utility token. Rather, they are regulated assets which must adhere to strict securities regulations. Due to these unique requirements within the overall digital asset sector, Polymesh made the decision 3 years ago to create its own blockchain purpose-built for serving digital securities. The end result was […]
