Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Taking advantage of a procedural move, all progress on the infrastrucre bill’s crypto regulation was neutralized by a single senator. The original unfavorable bill now heads to the House of Representatives. Where does this […]
Tag: STO
Diane Dai, Co-Founder & CEO of DODO – Interview Series
Diane Dai is the CEO of DODO, a decentralized exchange and on-chain liquidity provider. DODO is a next-generation on-chain liquidity provider, which leverages the Proactive Market Maker algorithm (PMM) to provide pure on-chain and composable liquidity for everyone. What initially attracted you to crypto? What interested me about crypto was the social justice potential of […]
Coinbase VP Of Capital Markets Resigns Due to A Strategy Disagreement: Report
Brett Redfearn, a former director at the U.S Securities and Exchange Commission (SEC) who joined crypto exchange Coinbase earlier this year, has resigned. Redfearn left the exchange after only four months on the job, per a report from The Wall Street Journal. Redfearn Resigns Due To Strategy Shift According to the report, Redfearn resigned as […]
Cross-chain Poly Network Gets Hacked for Over $600M, Exchanges & Stablecoin Issuers Act to Save the Lost Funds
In what appears to be the largest DeFi attack to date, cross-chain protocol Poly Network has been hacked for more than half a billion dollars. “We are sorry to announce that PolyNetwork was attacked on BinanceChain, Ethereum and Polygon,” tweeted the team on Tuesday while sharing the hacker’s address where the assets have been transferred. […]
Analyzing the Role of Celebrities in NFTs Adoption and Popularization
Amidst all events that happened this year in the cryptocurrency industry, without a doubt, the list would not be complete without making mention of Non-Fungible Tokens (NFTs). Asides from the Bull Run, Decentralized Finance (DeFi) frenzy on the Binance Smart Chain among others which was witnessed, NFTs rave was and is still very relevant. However, […]
Tether Fully Backed with Reserves Also Held in Digital Tokens and Precious Metal: New Assurance Report
Tether Holdings Limited has released an assurance report by Moore Cayman on Monday for the period ending June 30, as per its continued commitment to transparency. As of writing, with a market cap of almost $63 billion, USDT accounts for 57% of the stablecoin market share. Paolo Ardoino, CTO at Tether and its sister company […]
Janet Yellen Behind the Push to Cripple American DeFi
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. On the battleground between excessive red tape and financial innovation, both elected Senators and unelected officials side with the former. After multiple amendments have been proposed to Biden’s far-reaching infrastructure bill, the US digital […]
Nasdaq Eyes Tokenized Real Estate while tZERO Begins Onboarding Exodus Investors – Digital Securities Weekly
Nasdaq Marketplace Services Platform Of all the markets expected to be transformed by digital securities, real estate is widely agreed upon to be the most ripe. Nasdaq’s Vice President and Head of Digital Assets Johan Toll, recently took a look at why this is, and what Nasdaq is doing about it. “Issuing real estate tokens […]
Binance Is Restricting Futures Trading for All HK Residents, Also Limiting New API Key Creation
Cryptocurrency exchange Binance announced on Friday that it is restricting access to its platform by Hong Kong residents with immediate effect. “We will be restricting Hong Kong users in respect of derivatives products (including all futures, options, margin products, and leveraged tokens) in line with our commitment to compliance.” Users from Hong Kong will also […]
Ethereum Officially Becomes ‘Deflationary’ as More ETH Burned than Issued; NFTs Continue to Feed the Frenzy
Trading above $2,700, Ether is enjoying a sharp rebound in its price for the last 17 days. On Thursday, the price of Ether rallied as far as $2,840 and hit resistance just above 0.073 against BTC. BTC 6.17% Bitcoin / USD BTCUSD $ 41,661.33 $2,570.50 6.17% Volume 35.32 b Change $2,570.50 Open $41,661.33 Circulating 18.78 […]