State regulators crack down on fraudulent cryptos promoted as ‘Elon Musk AI Tokens’ and ‘TruthGPT Coin’
According to the cease and desist order, investors are being given the impression that Elon Musk endorses “TruthGPT Coin”.
New Xumm Partnership Allows Users To Buy & Sell XRP With 40+ Fiat Currencies
The partnership with Guardarian gives Xumm users more options to pick from when buying XRP with their fiat or selling XRP for fiat. Xumm, a leading self-custodial XRP Ledger (XRPL) wallet, has partnered with Guardarian, a non-custodial fiat on/off-ramp provider, to allow users seamlessly buy XRP with 40 fiat currencies and also easily sell their […] The post New Xumm […]
Here’s Why Bitcoin’s Price May Not Reach $30,000-Will FOMC Offer Require a Boost?
The post Here’s Why Bitcoin’s Price May Not Reach $30,000-Will FOMC Offer Require a Boost? appeared first on Coinpedia Fintech News The Bitcoin price is undergoing a pretty rigid phase […]
Mysten Labs’ Layer 1 Blockchain Sui Launches on Mainnet
Sui Network was developed by Mysten Labs, which was founded by ex-Meta employees, using the Rust-based Move programming language.Unlike other blockchains that use proof-of-work and proof-of-stake consensus mechanisms, Sui relies on delegated proof-of-stake that allows users to elect and vote for delegates.
US lawmakers introduce bipartisan bill proposing ban on members investing in ‘financial instruments’
Representatives Alexandria Ocasio-Cortez and Matt Gaetz — lawmakers diametrically opposed on a variety of issues — joined forces to stop congressional members from trading stocks.
Nigerian government formally approves blockchain use
The Nigeria Federal Executive Council has approved the National Policy on Blockchain drafted by the Federal Ministry of Communications & Digital Economy, paving the way for the formal use of blockchain technology in the country. In a May 2 tweet, the special assistant to the President on digital and new media, Tolu Ogunlesi, said relevant agencies would be working to […]
Mashinsky files motion to dismiss NY AG suit, says it ‘parrots misinformation’
Former Celsius CEO Alex Mashinsky was charged with seven counts of fraud in connection with “false and misleading statements” about his company, among other things.
Portals, the game-changing DeFi aggregator, secures $2M in seed funding spearheaded by Lightshift Capital
Calgary, Canada, May 3rd, 2023, Chainwire Portals, the platform that simplifies Web3 by enabling anyone to bundle complex DeFi actions, has announced the successful close of a $2M seed funding round led by Lightshift Capital, with participation from Poolside, Basement Labs, LongHash Ventures, Daedalus Angels, Mechanism Capital and leading angels 0xMaki, Mathieu Baril, Owl.eth, Emile […] The post Portals, the […]
FED Continues Relentless Rate Hikes With 25 BPS Despite Bank Trouble
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. On Wednesday, May 3rd, following the latest Federal Open […]
Fed raises rates by 25bps; Bitcoin remains essentially flat
Quick Take The Federal Open Market Committee (FOMC) has decided to raise rates by 25 basis points, taking the Fed funds rate to 5%- 5.25%. The Fed funds rate is […]