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
Category: Market News
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
Coinbase expands asset recovery tool to Polygon and BNB Chain
Source: Cointelegraph The cryptocurrency exchange will charge a 5% commission for retrievals above $100. Crypto exchange Coinbase will soon enable users to recover lost assets sent to the platform’s unsupported blockchains, including BNB Chain and Polygon. According to the Feb. 27 announcement, users who sent assets to Coinbase accounts on BNB Chain or Polygon would… Continue reading Coinbase expands asset recovery tool to Polygon and BNB Chain
Crypto, Tokenization, AI Are Priorities for Monitoring, FSB Says Ahead of G20 Meeting
Source: CoinDesk The Financial Stability Board plans to publish a status report on its crypto roadmap and a report on the financial stability implications of tokenization. The FSB said it will continue spearheading crypto policy efforts in 2024. The body plans to release reports on crypto, tokenization and AI, and ensure its global regulatory framework… Continue reading Crypto, Tokenization, AI Are Priorities for Monitoring, FSB Says Ahead of G20 Meeting
