Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Launched on August 10th, Base’s rising social media network seems to be already fizzling out. Friend Tech started by allowing social media influencers on the platform formerly known as Twitter to tokenize their clout. […]
Tag: STO
South Korea Orders Crypto Exchanges to Maintain At Least $2.2M in Reserves
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. South Korean authorities have instructed local crypto exchanges to maintain at least $2.28 million in cryptocurrency reserves as of next month, local media outlet News1 reported. The move is geared toward improving customer protection […]
10 Technology Stocks Poised for Future Growth
Growth Comes From Innovation Economic growth can really come from only 2 sources: a larger pool of workers and/or resources, or a more efficient use of the available resources. With limited natural resources and declining demography, the first source of growth is increasingly unlikely to play a big role in Western economies, or in China […]
US Wants “Brokers” to Man Taxpayers’ Crypto Reporting Burden
The US Department of Treasury alongside the Internal Revenue Service (IRS) today (Friday) announced new proposed rules for “brokers” such as crypto trading platforms, crypto payment processors and digital asset wallet providers. The agency noted that the proposed regulation will require these “brokers” to report certain crypto sales and exchange transactions. US Aims at Tax […]
DYDX Token Holds Steady Despite Overall Market Decline
Bitcoin climbed past $26,600 on Thursday afternoon, its highest price this week, and ETH moved closer to the $1,700 level. The gains in crypto mirrored a big move higher in traditional markets while the U.S. 10-year Treasury yield declined a bit to 4.19%. Chipmaker giant Nvidia, in particular, jumped after reporting $6.2 billion in net […]
Hacking Incidents Shake the Crypto World: How Bitcoin Stands Strong
The cryptocurrency landscape has captured the imagination of individuals and institutions all around the world, with its promise of decentralized finance and safe transactions. However, recent hacking instances have raised concerns about the security of digital assets. In the face of these problems, Bitcoin, the pioneer of cryptocurrencies, holds firm, demonstrating resilience and providing vital […]
US Treasury Unveils New Reporting Rules to Fight Crypto Tax Evasion
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. US regulators including the Treasury Department and Internal Revenue Service (IRS) proposed new rules that would force cryptocurrency exchanges to report more detailed information on user transactions. The new tax reporting regulations would apply […]
A Volume-Boosting Tactic? Binance Contacts Lesser-Known Crypto Projects
Binance, the largest cryptocurrency exchange in the world by trading volume, in the past week has been reaching out to digital asset projects on its platform with smaller market capitalization and low-liquidity tokens. According to The Block, which first reported the news, the exchange has been asking about the market makers associated with these projects. […]
FTX reports a cybersecurity breach involving its claims agent Kroll
Kroll is acting as the claims agency for FTX in the ongoing bankruptcy case. Kroll is in contact with the affected individual. FTX is seeking to increase its crypto holding through selling, staking and hedging with the help of Galaxy Digital. Defunct cryptocurrency exchange FTX has reported that its bankruptcy case claims agency, Kroll, had […]
Binance and MasterCard Part Ways: End Crypto Card Partnership in Multiple Countries
In a significant move affecting the world of cryptocurrency and traditional finance, MasterCard and Binance have decided to end their partnership on crypto card programs in several countries. This decision reflects the challenges Binance is facing as traditional financial institutions distance themselves from the crypto landscape. According to a report by Reuters citing the exchange’s […]
