Many have likened the world of blockchain and cryptocurrencies to the ‘wild west’. The Securities and Exchange Commission (SEC), however, is doing its best to civilize the sector by holding everyone to task. While the regulatory body is often vilified for its stances towards many digital assets, it plays an important role in upholding accountability […]
Tag: STO
Digital Asset Trading Platform eToro Rolls Out Cardano (ADA) And Tron (TRX) Staking Service; More Crypto’s to Come
Popular trading platform, eToro, announced on Thursday that it would provide staking rewards for cryptocurrencies starting with Cardano (ADA) and Tron (TRX). The multi-asset exchange stated that clients that own these cryptocurrencies, ADA, or TRX, would have a chance to earn rewards by staking, which will be paid out monthly. The firm also revealed that […]
Crypto Exchange Bitpanda Raises $52 Million in Series A Round to Offer Access to Stock Markets
Cryptocurrency exchange Bitpanda has raised $52 million in its first major funding round, Series A led by PayPal co-founder Peter Thiel’s Valar Ventures. Other backers included Austrian Speedinvest and other unmanned investors. As part of the investment, Valar Ventures’ founding partner Andrew McCormack will also join the board of the centralized exchange. Founded in 2014, […]
Uniswap Dominates DeFi Scene, Cross $2.09 Billion In Total Asset Value Locked (TVL)
After a slow start, decentralized finance (DeFi) picked up throughout 2020, with over $11 billion in digital assets locked on these platforms. Uniswap, the decentralized exchange (DEX), becomes the first DeFi platform to cross the $2 billion milestone in total value locked (TVL). Such is the growth of the industry that Uniswap’s TVL was larger […]
Venus Protocol’s Decentralized Stablecoin, Via, Launches on Binance Smart Chain; Forked From Compound & MakerDAO
On September. 28, Binance announced the launch of Venus Protocol, an algorithmic money market platform that allows borrowing of over-collateralized loans, lending, and generation of new synthetic stablecoins, VAI. According to a tweet by Joselito Lizarondo, founder of Swipe Wallet and Venus Protocol, the BSC-based platform is a fork from Compound (COMP) and Maker (MKR). […]
Stratis to Launch New Blockchain and Token ‘STRAX’, Increasing Focus on DeFi
As blockchain use cases such as digital securities, lending platforms, and more take off, companies are finding the need for increased flexibility in their blockchains. Stratis, a popular enterprise-focused ‘Blockchain as a Service (BaaS)’ company, has recognized this and just announced STRAX. Introducing STRAX – We are delighted to release full details regarding the STRAX […]
KuCoin Hack: Exchange’s Insurance Fund to Cover User Loss “Completely,” Tether Freezes 33M USDT
The Singapore-based cryptocurrency exchange KuCoin released a statement regarding detecting large withdrawals on September 26, 2020, at 03:05:37 (UTC+8). The exchange has reportedly lost $150 million worth of funds, although KuCoin hasn’t declared it yet but released “suspicious addresses,” which are constantly updated. As per the company’s internal security audit report, some BTC, Tether, ERC20 […]
US Lawmakers Propose Two New Bills to Streamline Digital Asset And Crypto Exchange Regulation
The U.S. Senate released two new bills on Thursday, aiming to provide regulatory clarity on digital assets. The first, introduced by Congressman Tom Emmer (R-NC), is the “Securities Clarity Act,” which aims to establish cryptocurrencies that fall under securities. The other, “Digital Currency Exchanges Act 2020 (DCEA)” introduced by Representative Michael Conaway, aims to switch […]
Bank of Canada: The Financially Illiterate Are Twice as Likely to Invest in Crypto
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. There is much work to be done in the cryptocurrency market before it reaches mainstream adoption and appreciation. Even though in roughly 11 years, it has gained a tremendous amount of ground. But there […]
Investing In Kava – Everything You Need to Know
Kava is a next-generation decentralized lending platform that seeks to bring new flexibility to the market. The network is known for its cross-chain capabilities and unique lending strategy. Today, the platform offers a range of products with its two main being collateralized loans and stablecoins. To date, Kava has paid out $1,129,883.32 in interest payments […]
