As of late, a spotlight has been put on cryptocurrencies like Bitcoin, Ethereum, Litecoin, etcetera – and for good reason. These assets boast the potential to change the way we transact and store value, and institutions are beginning to realize it. While this has been occurring though, development of the digital securities sector has continued. […]
Tag: STO
Investing In Uniswap (UNI) – Everything You Need to Know
Uniswap (UNI) is the primary token for the Uniswap DEX (decentralized exchange). Uniswap is the largest DEX in the world in terms of market capitalization at this time. It’s also the most popular Ethereum Dapp in the market. Uniswap plays a vital role in furthering innovation and adoption across the crypto market. As such, the […]
Tron & BitGo Launch Wrapped Bitcoin (WBTC) And Ethereum (WETH) On Its Blockchain
Bitgo, the sole custodian of wrapped Bitcoin (wBTC) and wrapped Ethereum (wETH) introduces the synthetic tokens to the Tron ecosystem. Tron becomes the second blockchain to welcome Bitgo’s synthetic tokens after Ethereum. Bitgo, a US-based digital assets custodian, announced a partnership with the Tron Foundation to integrate Bitcoin and Ethereum synthetic tokens, wBTC and wETH, […]
FTX Now Allows to Short or Long Grayscale’s GBTC & ETHE and Bitwise 10 Crypto Index (BITW)
This time, cryptocurrency derivatives exchange FTX has listed the stocks of crypto asset funds. The world’s largest asset manager Grayscale Investment’s two popular products GBTC and ETHE are now available to trade on FTX. Both the products currently trade at 17% and 15% premium respectively on the secondary market. Bitwise 10 Crypto Index (BITW), which […]
OCC Interpretive Letter #1174 Allows Banks to Act as Blockchain Nodes and Develop/Utilize Stablecoins
In the newly released interpretive letter #1174 from the Office of the Comptroller of the Currency (OCC), United States based banks are now permitted to not only act as nodes within a blockchain network, but may develop/issue/utilize their very own stablecoins. “National banks and Federal savings associations (collectively referred to as “banks”) may use new […]
Celo Goes Vertical with Crypto Exchange Binance Listing Against BTC & USDT
The leading spot cryptocurrency exchange Binance has listed a new token Celo (CELO). The trading for two pairs CELO/BTC and CELO/USDT will be opened on Jan. 5, at 8:30 AM (UTC). In response to the news, the digital asset went vertical. With more than 185% gains following the listing, Celo went on to see $4.18. […]
China Gives Away $3 Million Worth of Digital Yuan in Latest CBDC Test
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. China continues to lead the charge in testing and implementing Central Bank Digital Currency – CBDC. As Western powers continue to count covid cases, paralyzing their economies, China has long-since left the pandemic behind. […]
Stablecoin Demand Is Going Through the Roof; Exchange Reserves Hit an ATH
Stablecoins dominated 2020 and now they are ready to take over 2021 as well. Last year, the market capitalization of fiat-pegged stablecoins went from just under $5 million to $27 billion. As of writing, the stablecoin market cap has surpassed $30 bln, as per CoinGecko. While Tether (USDT) remains the king of the stablecoins with […]
What is Wrapped Bitcoin wBTC and Why it’s So Important
As of late, there has been a lot of talk regarding wrapped tokens. Specifically, Wrapped Bitcoin (wBTC) continues to surface as one of the prime examples of why wrapping tokens is beneficial to all. The concept of wBTC emerged in a bid to improve Bitcoin’s functionality and usability. Consequently, these tokens help provide more sophisticated […]
Bittrex Delisting Privacy Coins Monero (XMR), Zcash (ZEC), and DASH Without Any Explanation
Cryptocurrency exchange Bittrex has announced the removal of privacy coins from its platform after removing XRP markets for its US customers. Monero (XMR), Zcash (ZEC), and DASH are the affected cryptocurrencies. Starting Jan. 15, 2021, 23:00 UTC, BTC-XMR, ETH-XMR, USDT-XMR, BTC-ZEC, ETH-ZEC, USDT-ZEC, USD-ZEC, BTC-DASH, ETH-DASH, USDT-DASH, and USD-DASH would no more be available on the […]
