The $180 million market cap RBN token is trading at $0.2343, down 1.9% against USD in the past 24 hours while up 6.3% against BTC and 4.8% against ETH. During this time frame, the crypto asset has been recording $500,570 in trading volume, representing an increase of 18.70% from a day ago. RBN is currently […]
Tag: STO
Melbourne-Based Crypto Lender Helio Sentenced for Misleading License Claims
The Melbourne-based cryptocurrency lender, Helio Lending Pty Ltd., has been handed a non-conviction bond for misleading claims about possessing an Australian Credit License (ACL). Helio, which offers consumers crypto-backed loans using digital assets as collateral, was found to have falsely asserted that it held an ACL, the regulator said yesterday (Thursday). In a news article […]
Bankrupt BlockFi Gets Court’s Backing, EnablesWithdrawal for US Customers
BlockFi, the cryptocurrency lending firm that declared bankruptcy in November last year, has secured the bankruptcy court’s approval to permit its users to withdraw their digital assets. Earlier today (Thursday), BlockFi opened the withdrawal service nine months after blocking the feature on its platform. However, the service is only currently available to customers in the […]
Republic launches its self-custodial multi-chain wallet for tokenized assets
Republic Wallet is targeted to a global community of over 3 million Republic investors. Users will access tokenized assets across multiple blockchains, including Ethereum and Avalanche. The global tokenization market is expected to reach $24 trillion by 2027. Digital finance firm Republic has officially unveiled its self-custodial multi-chain digital wallet, opening crypto adoption to a […]
UK Crypto Firms Brace for Compliance as FCA Sets Deadline for ‘Travel Rule’ Implementation
The Financial Conduct Authority (FCA) has set out clear expectations for cryptocurrency businesses operating in the UK, outlining the necessary steps they must take to comply with the significant change in the legislation for money laundering prevention that was enacted in 2022. According to a statement shared by the regulator today (Thursday), come September 1, […]
Akash Network (AKT) Bucks Market Trend, Surges Over 40% in a Week
The broad cryptocurrency market is red, with Bitcoin falling to $28,346 early on Thursday, the lowest since Jun 21, and Ether to about $1,785. Since these losses, prices have recovered a bit, and as of writing, BTC is trading at $28,437 while ETH is exchanging hands at $1,786. Weakness in the largest cryptocurrency prices caused […]
FTX Softens $4B Demand, Strikes $175M Settlement with Genesis
Bankrupt cryptocurrency exchange, FTX, has agreed to settle its claims dispute with equally bankrupt digital asset lender, Genesis, by accepting a payment of $175 million to Alameda Research, its affiliated insolvent crypto hedge fund. Earlier in May, FTX had sought court permission to recover approximately $3.673 billion in alleged transfers it made to Genesis between […]
BlockFi Opens Withdrawals for U.S Based Wallet Holders
For months now, BlockFi has been mired in languishing bankruptcy proceedings that have been mired with controversy. Today, the former lending platform has announced a step forward in the process, noting that it is officially opening withdrawals for a subset of its users. Source: X @BlockFi BlockFi was once a market leader among lending platforms, […]
Securitize Set to Acquire Strategic Partner, Onramp Invest
In late March 2023, Securitize announced that it had partnered with the digital asset wealth platform, Onramp, with a goal to ‘streamline private equity investing’. Five months later, news has broken that this partnership has evolved into an acquisition that will see Onramp become a subsidiary of Securitize. Details of the Deal While full terms […]
Securitize Acquires Onramp Amid Crypto Deal Making Slump
Neither the author, Ruholamin Haqshanas, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Securitize has acquired crypto investing startup Onramp Invest. The deal follows a steep decline in dealmaking and funding activity in the crypto space triggered by regulatory challenges. Onramp Employees to Join Securitize Asset tokenization […]
