From Broken To Open: Web3 Credential Networks In E-Commerce

Source: Forbes Shopping for products online isn’t always the most personal experience — regardless of our consumer data being monitored, stored, and even manipulated in hopes of delivering just that. While the feeling that our phones are listening to us has been debunked as a myth, it’s no coincidence that what we see on our… Continue reading From Broken To Open: Web3 Credential Networks In E-Commerce

Binance Ends USDC Transactions on TRC20 Network

Source: Blockchain News Binance will stop supporting USDC transactions on the TRC20 network from April 5, 2024, in response to Circle’s policy changes. Binance has announced that it will discontinue support for deposits and withdrawals of USD Coin (USDC) through the Tron (TRC20) network. This decision follows the footsteps of Circle, the issuer of USDC,… Continue reading Binance Ends USDC Transactions on TRC20 Network

TrueFi introduces dollar-based TRI token for real-world asset trading

Source: Cointelegraph The credit protocol saw a peak in real-world assets two years ago. Now, it is looking to revive the market. Decentralized credit protocol TrueFi has introduced the Trinity protocol with an eye on increasing the capital efficiency of on-chain real-world assets (RWA). The new protocol will use the dollar-based TRI token backed by… Continue reading TrueFi introduces dollar-based TRI token for real-world asset trading

Binance Rewards Crypto Literacy with Bitcoin NFTs Knowledge Contest

Source: Blockchain News Binance introduces a Word of the Day game focusing on Bitcoin NFTs, offering 500,000 Binance Points to participants during the Bitcoin Halving celebration. In alignment with the upcoming 2024 Bitcoin Halving event, Binance, the world’s leading cryptocurrency exchange, has launched a unique educational campaign to boost crypto literacy, particularly focusing on Bitcoin… Continue reading Binance Rewards Crypto Literacy with Bitcoin NFTs Knowledge Contest

Layerswap Recovers Domain After Hijack, Restores User Funds After $100,000 Loss

Source: Cryptonews Layerswap, a platform facilitating cryptocurrency transfers between centralized exchanges and layer-2 blockchains, fell victim to a domain hijack incident resulting in a phishing scam that stole roughly $100,000 worth of crypto assets from around 50 users. In a commendable response, Layerswap has pledged to fully refund the stolen funds to affected users. Additionally,… Continue reading Layerswap Recovers Domain After Hijack, Restores User Funds After $100,000 Loss

BlackRock’s $10 Trillion Tokenization Vision: The Future Of Real World Assets

Source: Forbes We are currently witnessing a digital transformation as traditional finance and investments undergo a seismic shift towards greater efficiency and accessibility. Leading the charge, BlackRockBLK +0.7%, the world’s largest asset manager known for launching its Bitcoin ETF earlier this year, aims to tokenize $10 trillion of its assets in partnership with Securitize. “Today’s… Continue reading BlackRock’s $10 Trillion Tokenization Vision: The Future Of Real World Assets

BlackRock Collaborates with Securitize to Establish Fund for Real-World Asset Tokenization

Source: The Tokenizer CoinDesk reports how BlackRock CEO Larry Fink emphasized the company’s strategic direction in a recent interview, stating that their filings for spot bitcoin and ether ETFs marked “are stepping stones towards tokenization.” This statement underscores BlackRock’s trajectory toward embracing blockchain-based asset representation. The investment management powerhouse, BlackRock (BLK), has introduced a new… Continue reading BlackRock Collaborates with Securitize to Establish Fund for Real-World Asset Tokenization

Decima Fund Secures 4.5 Billion Yen to Bolster Web3 Ventures in Japan

Source: Blockchain News Decima Fund, a specialized Web3 venture fund, announces the successful closure of approximately 4.5 billion Yen in capital to support the global expansion of Japanese Web3 ventures. In a boost to Japan’s emerging Web3 industry, Decima GP Limited has announced the successful closure of a funding round amassing approximately ¥4.5 billion for… Continue reading Decima Fund Secures 4.5 Billion Yen to Bolster Web3 Ventures in Japan

OKX Announces Spot Trading for Ether.fi’s ETHFI Token Amidst Growing DeFi Interest

Source: Blockchain News Global crypto exchange OKX lists Ether.fi’s governance token ETHFI for spot trading, highlighting the platform’s expansion and the DeFi sector’s growth. OKX, a leading cryptocurrency exchange, has officially announced the inclusion of Ether.fi (ETHFI) in its spot trading market. This move marks a significant step for both OKX and the decentralized finance… Continue reading OKX Announces Spot Trading for Ether.fi’s ETHFI Token Amidst Growing DeFi Interest

Daiwa Securities demos countering hacking risks of public blockchain security tokens

Source: Ledger Insights In November we reported that Daiwa Securities, Japan’s largest security token underwriter, planned to trial digital securities on public blockchains. The digital bond was issued (and redeemed) in February and was the first in Japan to record transfer rights on a public blockchain. However, the experiments aimed to prevent the theft of… Continue reading Daiwa Securities demos countering hacking risks of public blockchain security tokens