Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. South Korean authorities arrested three people as a part of a probe of $3.4 billion worth of illegal crypto transactions. According to the prosecutor’s office, the law enforcement detained three individuals who allegedly had […]
Tag: STO
ASA Shows Red Card to Arsenal FC for Misleading Crypto Ads
<p>The UK’s advertising watchdog, the Advertising Standards Authority (ASA), has banned two advertisements by the Premier League football club, Arsenal for its crypto-based fan token scheme.</p><p>The adverts for $AFC fan tokens were deemed by the ASA to be misleading fans over the risks of cryptocurrency investing. The first advert published on August 6th, 2021 described […]
Avalanche forms an ascending channel – Which levels should you watch?
Avalanche trades in an uptrend channel in strong bullish momentum Growth in NFTs and DeFi is behind the positive sentiment Watch for a potential buy entry on retracement Avalanche’s AVAX/USD is leading gains among the top 20 largest cryptocurrencies. The token, which powers the layer-1 blockchain, is up 2.47% and 17.44% in daily and weekly […]
What are Mixer/Tumblers, and Why are They Under Attack?
Two days ago, the U.S. Treasury imposed sanctions on Tornado Cash – a popular mixer for digital assets which is alleged to have helped launder $7B since its launch 3 years ago. In light of this recent development, we take a brief look at what a digital asset mixer is, why authorities don’t like them, […]
Exchanges Take Centre Stage in Latest Developments Around the Post-Merge Debate
An Ethereum hard fork may be forthcoming, but the forked projects will struggle to retain relevance in the same environment as the post-merge Proof-of-Stake chain. Last Friday, Ethereum cofounder Vitalik Buterin acknowledged the possibility of Ethereum hard forks emerging, with the mining sect advocating for a PoW-based Ethereum fork. The co-creator admitted that if a […]
Buying Cryptocurrency On WhiteBIT: Where To Begin?
There are many methods to buy and sell crypto that can be applied in various situations based on individual preferences. But how to start, and what is the best purchasing option, especially if you are a newbie? Understanding the specifics can be a daunting task. We will try to help our readers comprehensively prepare to […]
Coinbase Posts $1.1B Loss for Q2 as Trading Volume Declines
Neither the author, Ruholamin Haqshanas, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Coinbase reported a larger-than-expected quarterly loss of $1.1 billion in the second quarter of the year. The disappointing results came as the crypto exchange saw a sharp drop in its revenue driven by the […]
VisionsDao Exits Stealth Mode and Presents a Modular Stack for GameFi That Enables Sustainable Economies
Toronto, Canada, 8th August, 2022, Chainwire An up-and-coming GameFi infrastructure startup, VisionsDAO has been building for more than a year what could become a foundational primitive for game developers looking to implement sound crypto economic designs and plug-and-play modules that will power a new wave of sustainable on-chain Web3 games to come to market and […]
Tornado Cash’s USDC Frozen as Stablecoin Censorship Fears Grow
Neither the author, Ruholamin Haqshanas, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The US Treasury Department imposed sanctions on virtual currency mixer Tornado Cash yesterday, banning all Americans from interacting with the mixer. Subsequently, Circle, the issuer of the USD Coin (USDC), froze over 75,000 USDC […]
Ukraine’s Trading Volume Remains Strong Despite Crypto Ban
Neither the author, Kingsley Alo, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. With the ongoing Russia-Ukraine conflict lasting more than six months, market data from Kaiko shows that Ukrainian Hryvnia (UAH) cryptocurrency trade volumes remain strong. This comes as citizens of the war-ravaged country increasingly turned […]