EOS plummeted in price during May’s crash — are investors now looking at a bargain? Within just a month of hitting the $14 price point, the decentralised systems infrastructure EOS is back to fluctuating between $4 and $7, leaving investors puzzled about the future of the price of the token. The altcoin, which focuses on […]
Tag: STO
El Salvador to Use Volcanos for ‘100% Clean, 0 Emission’ BTC Mining
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The United States Federal Reserve has a set goal for inflation of 2%, but now consumer prices are rising the fastest since 2008. This is being caused by both lagging supply chains and the […]
India Reverses Crypto Stance, Considers Classifying Bitcoin As An Asset Class: Report
After years of India’s hostile stance towards cryptocurrencies, the country is reportedly looking to classify Bitcoin as an asset class. India’s Financial Regulator SEBI To Oversee Crypto Sector According to reports by The New Indian Press, the government has decided to skip its plans to ban cryptocurrencies and consider Bitcoin’s classification as an asset class. […]
BIS Declares Bitcoin an Asset Class Needing Stricter Capital Requirements by Banks But Lower to Hold Stablecoins
The Basel Committee on Banking Supervision, which sets international banking standards, said on Thursday that the banking industry faces increased risks from crypto-assets and needs tough capital requirements to hold Bitcoin and other cryptocurrencies. In its report, BIS talked about the consultation on the prudential treatment of crypto-asset exposures, where it noted crypto assets’ potential […]
Interactive Brokers, with 1.3 Million Clients, to Offer Direct Crypto Trading on Customer Demand
Interactive Brokers is expecting to offer cryptocurrency trading by the end of the summer, revealed Thomas Peterffy, the firm’s chairman and CEO, during the Piper Sandler Global Exchange and FinTech Conference. The company first started offering access to cryptocurrency when bitcoin futures began trading on the CME in December 2017. Peterffy said at the conference […]
Ledger Raises $380M In Funding Round, Hits Unicorn Status As Now Valued At $1.5 Billion
Crypto hardware wallet maker Ledger has closed a $380 million funding round shooting the startup to a valuation of more than $1.5 billion. The funding was led by the digital assets fund, 10T Fund, alongside other notable investors including Tekne Capital, Felix Capital, Uphold Ventures, Inherent, Financière Agache (Groupe Arnault), and iAngels Technologies. Ledger To […]
Central Bank of France and Switzerland Runs Cross-Border CBDC Trial in ‘Project Jura’
The Banque de France and the Swiss National Bank are working with a private sector consortium for the trial of a central bank digital currency (CBDC) in a project dubbed Jura. The two central banks are collaborating with BIS Innovation Hub along with a group of partners, including Accenture, Credit Suisse, R3, SIX Digital Exchange, […]
Cryptocurrency Exchange Gemini Acquires Crypto Custody Firm Shard X
Cryptocurrency exchange Gemini has acquired cryptocurrency custody specialist Shard X. Per an official blog post, Gemini disclosed that it would use Shard X’s multi-party computation (MPC) technology to speed up its efficiency. Gemini To Use Shard X’s MPC Technology The technology would help increase the speed at which the exchange transfers customer assets on its […]
Acquisition Complete – OpenFinance Ownership Officially Transferred to INX Ltd.
After a months-long process, INX Limited has officially finished its acquisition of OpenFinance Securities. This acquisition will potentially see an existing 60,000 clients of OpenFinance migrate to a newly consolidated platform built for digital assets, and run by INX. Benefits of the deal run deeper however, with INX also expected to soon list its own […]
U.S. Investors Saw $4.1 Billion Worth of Bitcoin Gains in 2020
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. A recent report from Chainanalysis reveals that investors from the US have appreciated the 2020 Bitcoin bull run extensively, amassing more profit than investors from any other country. Comparatively, US investors raked in approximately […]
