User Funds Likely Lost as Celsius Network Declares Bankruptcy

Neither the author, Ruholamin Haqshanas, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Troubled crypto lender Celsius Network, which paused customer withdrawals more than one month ago, filed for bankruptcy late Wednesday. In a statement, the company said it has $167 million in cash on hand, which […]

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Chinese Freight SaaS Service Provider to List Security Token in the U.S. After Regulatory Issues

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Chinese digital software-as-a-service (SaaS) provider HGC Info Tech announced it is launching the Trucpal digital security token later this month, aiming to raise $20 million in funds. HGC, which serves the freight market in […]

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GameStop’s NFT Marketplace Fails to Impress on Launch, But Can it Spur Mainstream Adoption?

Neither the author, Ruholamin Haqshanas, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. GameStop (GME) announced the launch of its highly-anticipated NFT marketplace on Monday. The video game retailer’s dive into NFTs is considered an attempt to reinvent its business and capitalize on the nascent crypto and […]

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Celsius Pays Off Final Debt to Aave, but Vermont Regulator Warns of Insolvency

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. One month ago, Celsius reportedly owed Aave $303 million. Now, it appears as though that loan has been settled. According to on-chain data, Celsius Network transferred $63 million in USDC to pay off debt […]

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Ripple Joins Hands with CrossTower

Ripple, one of the leading blockchain and crypto solutions providers, and CrossTower, a fast-growing trading platform in the crypto ecosystem, have recently announced a partnership to add non-fungible tokens minted on the XRP Ledger (XRPL) to the CrossTower NFT marketplace. The latest announcement from CrossTower came approximately three months after Allbridge, a prominent cross-chain bridge, […]

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