Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The Bank of England announced on Monday that stablecoin companies should be treated the same way as commercial banks. The move crystalizes the problem governments are faced with – how to properly compete with […]
Tag: STO
Rates Fall Off a Cliff Suggesting Risk-Off Appetite, But Lending Protocols Leading DeFi
Just like the rest of the cryptocurrency market, the decentralized finance (DeFi) sector is weathering the woes of the deep correction it experienced last month. The prices of the majority of DeFi tokens are primarily still down 40% to 75% from their all-time highs. The total market cap of the sector is currently sitting at […]
Google and Alibaba Didn’t File for Crypto Licenses in Singapore
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. As countries, such as the US, discuss how to implement accurate regulatory frameworks for cryptocurrencies, the industry continues to be the wild west. Since Bitcoin’s inception in 2009, Asia has been a popular area […]
Crypto Exchange FTX Joins the NFT Trend, Launches Non-Fungible Token MarketPlace
Popular crypto exchange FTX is diversifying into the non-fungible tokens (NFTs) scene with the rollout of the FTX NFT marketplace. FTX Presents Unique NFTs FTX NFT marketplace features unique tokenized assets that customers can bid on. Some of the NFTs are linked to real-world objects and are “redeemable” for their physical equivalents. For example, one […]
Bitwise Replaces ATOM with MATIC in Crypto Index; Okcoin Integrates Polygon for Cheaper & Faster DeFi Entry
Digital Assets manager Bitwise has added Polygon (MATIC) to its Large Cap Crypto Index. This new addition has been part of Bitwise’s May month-end index reconstitution process, where Polygon has replaced ATOM. ATOM -5.44% Cosmos / USD ATOMUSD $ 15.46 -$0.84 -5.44% Volume 397.62 m Change -$0.84 Open $15.46 Circulating 210.77 m Market Cap 3.26 […]
Weekly Report: Coinbase announces integration of its card with Google and Apple Pay
Here is a recap of the top cryptocurrency and decentralised finance news from the first week of June BNY Mellon to Launch Crypto Custodian Services Earlier this week, Ireland’s Business Post reported that BNY Mellon, a US-based custodian and asset management company, aims to launch crypto services in the country. The planned Digital Innovation Hub […]
Investing in the Mirror Protocol (MIR) – Everything You Need to Know
What is Mirror Protocol (MIR)? The Mirror Protocol (MIR) is a unique project that enables the creation of Synthetics to gain on-chain price exposure to real-world assets. Through the use of advanced smart contracts, the platform allows anyone to issue and trade synthetic assets that monitor and track the price of arbitrary real-world assets. Impressively, […]
JPMorgan Posts Crypto-Related Job Openings Signaling Crypto Ambitions
US bank JPMorgan Chase & Co. seems to be making new plans to enter the cryptocurrency scene. The bank’s recent job openings have led to reports of its growing cryptocurrency ambitions. JPMorgan’s Blockchain Jobs Openings for positions like “Cryptocurrency Risk Manager Vice President and Merchant Services-VP, Payments Partnerships (New Payment Methods)” can be seen on […]
New NFT Marketplace, Metaplex, Targets Low Fees With Solana Partnership
Even as the NFT frenzy seems to be tapering off, more protocols are launching online marketplaces for these unique digital assets. The latest is Metaplex, built on the popular Ethereum killer Solana. Metaplex Launches On Solana Network In a Twitter post, Metaplex, a non-fungible token marketplace, announced its launch on popular proof-of-stake (PoS) protocol Solana […]
Shiba Inu Up 14% As Price Picks Momentum Again – Where and How to Buy SHIB
With 14% in intraday gains, SHIB has touched $0.000010 and could be worth double that soon The Shiba Inu (SHIB) price is up 14% in the past 24 hours, with its weekly gains now up to 6%. SHIB is changing hands around $0.00001017 after recovering from lows of $0.0000083 on 1 June. Although the SHIB […]