Crypto loan provider Nexo has been accused of liquidating approximately $5 million worth of XRP in collateral Nexo, a UK crypto lending platform, is facing a lawsuit for suspending the use of XRP as collateral and causing $5 million worth of client liquidations at the end of last year. The lead plaintiff Junhan Jeong, who […]
Tag: STO
BlackRock Has Been Quietly Trading Bitcoin Futures Since January
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. If we’re to take initial steps from major financial organizations as significant, the 2021 bull market could be just warming up. BlackRock, Morgan Stanley and Goldman Sachs are the latest to enter the crypto […]
Mohsin Masud, Founder & CEO at AKRU – Interview Series
Mohsin Masud, is the founder & CEO at AKRU, a platform to invest in premium fractionalized real estate assets. How did you initially get interested in blockchain and cryptocurrency? I first learnt and invested a little in bitcoin back in late 2013 when it was at its ATH of around 1000 and then forgot about […]
Digital Assets Monthly Report – March Edition
Over the course of March, digital assets as a whole saw various positive developments. Their expansion in to the mainstream has been highlighted over this time by industry giants such as Visa, PayPal, and more. With a pool of companies gearing up for IPOs, this trend has shown no sign of slowing down. This edition of […]
Enjin (ENJ) Raises $18.9M to Build Out Efinity Parachain, Bringing NFT’s to Polkadot (DOT)
Popular NFT-focused blockchain firm, Enjin announced an $18.9 million funding raise led by Crypto.com capital, DFG Group, and Hashed to develop a Polkadot-based NFT blockchain dubbed Efinity. The platform aims to increase scalability and reduce the high gas costs currently being experienced on Ethereum, ensuring NFTs are “usable and accessible to everyone, everywhere.” The firm […]
Blockstream Offer Investors Exposure to Bitcoin Mining with BMN Security Tokens
Blockstream, a Bitcoin mining company, is planning to tokenize Bitcoin mining, according to a release. 1BMN To Cost $240,000 Blockstream Chief Adam Back said that this would give investors access to Bitcoin mining without investing in the traditional mining hardware. The investment opportunity, which will be publicly-listed as a security token offering (STO), targets non-US […]
UK Tax Authority, HM Revenue and Customs (HMRC), Updates Guidance on Crypto Taxation
HM Revenue and Customs (HMRC), UK tax authority, published fresh guidance on the taxations of crypto assets, an update to late 2019 issued guidance that aims to provide clarity on the taxation of cryptocurrency assets. the update involves the trading of tokens, conversion to fiat currency, mining transactions, and staking for both individuals and corporations. […]
Global Regulators Issue Proposals and Enforcement Actions Surrounding Digital Assets
As digital assets grow in popularity, so does the scrutiny imposed upon them by world regulators. Over the past year we have seen a plethora of framework proposals, enforcement actions, and rule changes involving digital assets. This past week was no different, with developments coming from each of the following countries. United States Many have […]
Thanks to DeFi, Here’s How You Can Trade Synthetic GME, 24/7
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. We all know what happened in late January of 2021. With a number of traditional stock brokerages facing liquidity issues, trading restrictions were placed on several securities, including GameStop (GME). What many don’t realize, […]
Former SEC Chairman, Jay Clayton Joins Bitcoin & Ether Investor One River as an Advisor
Former US Securities and Exchange Commission (SEC) Chairman Jay Clayton has joined One River Asset Management as an advisor. The SEC-registered investment advisor is a $2.5 billion firm whose cryptocurrency funds are backed by hedge fund titan Alan Howard. The fund quietly bought $600 million in crypto last year and shared its plans to increase […]
