Ripple started 2021 on a bad note. In late December 2020, the US Securities and Exchange Commission (SEC) filed a lawsuit against Ripple and its executives, stating that if they had engaged in an unregistered securities sale. The argument of the SEC was that XRP was not a token but security. The lawsuit led to […]
Tag: STO
Grayscale Launches Solana As Its 16th Product, CEO says Investors Increasingly Diversifying Beyond Bitcoin and Ethereum
Grayscale Investments, the world’s largest digital asset manager, expands its offering to include the popular Ethereum competitor Solana (SOL). This latest offering “reflects the firm’s ongoing commitment to providing investors access to the ever-evolving digital economy,” said Grayscale. In October, the firm added SOL token to its Grayscale Digital Large Cap Fund (OTCQX: GDLC). The […]
Digital asset investors to be wary of “bumps in the road,” Animoca Brands’ Yat Siu says
An explosion in demand for NFTs and growth in the metaverse sector has seen digital assets such as Axie Infinity (AXS), Decentraland (MANA), and The Sandbox (SAND) soar. Animoca Brands’ Yat Siu says the sector has seen “China-like growth” but believes investors must brace for a short term slowdown Yat Siu, the co-founder and chairman […]
How it Works: Thiel-Backed Crypto Exchange for Whales is Live
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Prolific FinTech and blockchain investor, Peter Thiel, has set the stage for a new kind of cryptocurrency exchange for the VIP crypto whales. Licensed in Gibraltar, the exchange is now live with a SPAC […]
Market highlights December 1: Major cryptos in positive territory, Moderna loses 4.36%
Major cryptos are in the green today. Markets look good for those outside the top 20 as well. All three major US indices retreated yesterday as panic-selling gripped global markets. The DJ30, SPX500 and NASDAQ100 lost 1.85%, 1.9% and 1.55%, respectively, on a tough day for listed firms. Moderna took a dive after its CEO’s […]
Investing In Request (REQ) – Everything You Need to Know
Request (REQ) is a decentralized network and cryptocurrency that empowers users to send virtual payment requests. The protocol provides a streamlined way for companies to invoice clientele while leveraging the immutable nature of blockchain technology. Its combination of features and services has helped the network to see increased adoption. The Request network has grown considerably […]
There Are Fewer Crypto Criminals Now, But Higher Volumes For Those Remaining
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The latest report from Chainalysis paints a picture of where the illicit crypto funds are going and by how much. Ransomware takes the top spot for scams this year, while criminal transactions have taken […]
China Creates Own NFTs, Continuing Trend of “Borrowing” Western Tech
Neither the author, Kingsley Alo, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The People’s Republic of China has revealed intentions to introduce its version of NFTs, albeit an uninteresting variety. The news comes after the South China Morning Post, recently published a white paper. The document […]
US Stock Market and Bitcoin Recovers Following Omicron Scares
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The discovery of a new Covid variant deemed more transmissible than other variants spread fear across markets on Friday, resulting in a steep sell-off. However, over the weekend it was revealed that initial research […]
Omicron (OMIC) price skyrocketing after latest covid 19 variant was named after it
A relatively obscure Omicron has skyrocketed to an all-time high today as a new fast-spreading COVID-19 variant was named by World Health Organization (WHO) after the token. As a result, Stock markets and Black Friday saw a massive sell-off that wiped out November gains for the S&P 500 Index and the Nasdaq Composite late last […]