British investment managers have received approval to create tokenized funds, marking a shift towards using blockchain technology in mainstream asset management. The country’s trade body gave the green light on Friday, allowing funds to be split into smaller digital tokens backed by blockchain technology. UK Investment Managers to Launch Tokenized Funds The Investment Association announced...Read More
The market is experiencing a buying demand, reaching a total value of $1.45 trillion. The sentiment of greed is a dominant factor in this rise. Recently, Bitcoin attempted to break through the $38,000 mark but was unsuccessful. Despite this, there’s a noticeable trend of continuous growth efforts and a reduction in significant pullbacks from recent...Read More
Immutable, a prominent player in the layer-2 blockchain arena, has announced a transition for its Immutable zkEVM Testnet. Starting November 20, the testnet will undergo a regenesis, transitioning to a Geth-based client from its current Polygon Edge framework. Immutable zkEVM Testnet Embarks on Major Regenesis On November 15, Immutable announced that its layer-2 blockchain, the...Read More
Quantoz Payments, a subsidiary of Dutch blockchain firm Quantoz, has secured a license as an electronic money institution (EMI) under the oversight of the Dutch Central Bank. The authorization empowers Quantoz Payments to issue its inaugural regulated and programmable euro legal tender, EURD, on the Algorand network. Launching EURD on the Algorand Blockchain Anticipated by...Read More
In a strategic move aimed at accelerating the institutional adoption of digital assets, cryptocurrency exchange OKX has entered into a groundbreaking partnership with custody provider Komainu and asset manager CoinShares. This alliance paves the way for round-the-clock trading of segregated assets while ensuring robust security measures and mitigating counterparty risks. OKX, Komainu, and CoinShares Partner...Read More
According to a recent Coinbase research, the tokenization of financial assets has been steadily gaining momentum since 2017, bringing the evolution of digital financial assets, including sovereign bonds, money market funds, and repurchase agreements. As per the report, the growth has been dramatically buoyed by the existing high-yield environments but still faces huge infrastructural and...Read More
In the dynamic world of SocialFi, where the battle for supremacy is relentless, a certain Friend.Tech user made waves by dumping 850 ether (ETH) worth of keys on Monday. This move was followed by a switch to a rival platform, New Bitcoin City (NBC), a social app built on the Bitcoin blockchain. NBC Surges as...Read More
Cryptocurrency investigator ZachXBT has revealed on social media that his X account and a few others received a subpoena from a court requesting additional information for unspecified reasons. On October 21, he shared two screenshots regarding the request. The first depicted the court’s request for specific information that X was mandated to provide. The second...Read More
According to ChainArgos, a blockchain intelligence firm, the situation surrounding TEURO has become increasingly complex. TrueUSD, the stablecoin company responsible for currencies like TUSD and TGBP, has publicly stated that they have no association with TEURO. However, it is undeniable that the TEURO contract was deployed using one of TrueUSD’s private keys, ChainArgos says. TrueUSD...Read More
Renowned blockchain developer Antoine Riard has issued an urgent plea for updates to Bitcoin’s source code. Antoine Riard’s research paper delves into the critical vulnerabilities within the Lightning Network, shedding light on a particular category of transaction-relay jamming attacks known as “replacement cycling.” Replacement Cycling Attacks on the Lightning Network The Lightning Network was created...Read More
The Ethereum blockchain validator queue has cleared for the first time since the Shanghai upgrade in May, according to a research report from Coinbase. The drop suggests that investor demand for ether (ETH) staking may stabilize. Validators play a crucial role in verifying transactions on the Ethereum blockchain by committing ether in exchange for rewards....Read More
Despite a market-wide slowdown this quarter, data suggests stakeholders continue to see substantial potential in the blockchain gaming space. Recent data from Dapp Radar’s Q3 report reveals that Web3 gaming projects have managed to accumulate a whopping $600 million, bringing the year’s total investment to an impressive $2.3 billion. While this is only 30% of...Read More
Web3 gaming platform Immutable recently announced a partnership with Amazon Web Services (AWS). This collaboration is set to revolutionize the world of blockchain gaming, ushering in a new era of possibilities for game developers in the crypto space. Immutable Joins AWS’s ISV Accelerate Program According to an Oct. 10 statement, Immutable has recently joined AWS’s...Read More
The Solana Foundation is offering a reward of $400,000 for anyone who can discover the code that could potentially “turn off Solana.” This development comes while SOL’s price has dipped by 8.4% in the past week following several mentions in Sam-Bankman Friend’s trial. Jacob Creech Announces $400,000 Bounty Jacob Creech, the Head of Developer Relations...Read More
JPMorgan has announced a significant milestone, revealing that it successfully conducted its inaugural live blockchain-based collateral settlement transaction involving BlackRock and Barclays. This transaction utilized JPMorgan’s Ethereum-based Onyx blockchain and the bank’s Tokenized Collateral Network (TCN). BlackRock employed this system to tokenize shares from one of its money market funds, which were subsequently transferred to...Read More
The team at Friend.tech is taking a significant step towards bolstering user security by introducing a two-factor authentication (2FA) password feature. This security enhancement aims to protect users from the increasing threat of SIM-swap attacks, which have plagued the platform recently. Friend.tech Introduces Two-Factor Authentication (2FA) Passwords The move comes as a response to a...Read More
The outbreak of the Israel-Hamas war has prompted several cryptocurrency firms, including MarketAcross, Collider Ventures, and the Israel Blockchain Association, to establish Crypto Aid Israel, a global fundraiser that seeks to help displaced Israeli citizens in need of humanitarian help. Thousands of Israeli lives have been destroyed by Hamas 💔 Israel WILL prevail 💪, but...Read More
Friend.tech’s Total Value Locked (TVL) has undergone a substantial decline recently, registering its most significant single-day drop of 7.8% in early October, indicating a noteworthy downturn in performance. Additionally, there has been a significant redemption of keys on Friend.tech, with reports of ongoing sim swap attacks casting a shadow over the network. Massive Drop in...Read More
UBS Asset Management, a major global fund management company, has initiated its inaugural “live pilot” of a tokenized money market fund on the Ethereum blockchain. UBS is leveraging its proprietary service, UBS Tokenize, to explore on-chain processes like subscriptions and redemptions. Through this pilot program, UBS Asset Management aims to conduct various fund-related activities on...Read More
The Bank for International Settlements (BIS) and the central banks of France, Singapore, and Switzerland just recently announced the successful completion of a new CBDC initiative called Project Mariana. This project tested cross-border trading and settlement of wholesale central bank digital currencies (wCBDCs) between financial institutions. BIS and Central Banks Collaborate on CBDC Test As...Read More
In a significant stride towards bolstering fan engagement, the Chiliz chain and Socios collaborated with premier league club Tottenham Hotspur to launch the SPURS Fan Token. As per the Chiliz CEO, Alexandre Dreyfus, the recent launch positions Tottenham as the seventh Premier League club to join the burgeoning global sports ecosystem, showing interest in innovation...Read More
Ethereum recently completed a community event, ACDE 171, discussing how to bring several transformative elements that could shape the future of the network, possibly bolstering security and privacy. The event covered several broad topics, including Dencun Devnets, extensive audits, the much-awaited launch of Holesky, a pioneering proposal for private ETH transfers, and significant changes to...Read More
A new report shows that today, five out of the six largest Ethereum block builders comply with the United States Office of Foreign Asset Control (OFAC) sanctions. A post on X by Toni Wahrstätter, an Ethereum researcher and data analyst, reveals that over the past few months, there has been a noticeable surge in censorship....Read More
Nansen, a prominent on-chain analytics platform, has issued a security warning to its users following a security breach originating from a third-party vendor. The security compromise allowed hackers to steal password hashes of Nansen users, prompting an immediate investigation. Nansen’s Users’ Password Hashes Compromised in Attack On Sept. 20, Nansen was alerted to a breach...Read More
On Sept. 19, Eclipse announced a new L2 architecture, which will leverage the Solana Virtual Machine while operating on Ethereum, hence bringing the advantage of the former’s speed and scale in transaction settlement. The newly promoted L2 architecture aims to redefine the scaling world by touching on areas like Ethereum settlement, execution using SVM, availing...Read More
Blockchain Capital has announced the successful closure of two new funds, raising a total of $580 million. The latest funding round comprises the firm’s sixth early-stage and first opportunity funds, achieving the largest fundraiser in its ten-year history. Blockchain Capital Secures $580 Million in Funding Blockchain Capital, a prominent venture capital group, announced the successful...Read More
In what’s described as a rapidly evolving landscape of financial and economic crimes threatening the internal security of the European Union, Europol has applauded the independence and protection offered by blockchain technology. Europol has also raised concerns over the rising criminal activity within decentralized finance (DeFi). Europol Warns of Rising Criminal Activity in DeFi and...Read More
Citi Securities Services recently hit a groundbreaking milestone by becoming the first digital custodian participant of the BondbloX Bond Exchange network. The partnership, announced via a press statement on Sept. 14, will enable Citi to make bond trading more accessible to a larger part of the investor community. Citi’s Love Affair with Bondblox Launched in...Read More
Telegram recently released its self-custodial wallet on The Open Network (TON) blockchain. However, this development has sparked controversy. Following the launch, CertiK, a reputable blockchain security firm, issued a warning about the use of Telegram bot tokens. Certik’s Cautionary Message On Sept. 13, Certik released a cautionary message on social media, advising cryptocurrency enthusiasts to...Read More
The popular Web3 wallet has officially unveiled a novel feature called ‘Snaps,’ which paves the way for its expansion beyond the confines of Ethereum. This marks a new dawn for developers and users of Metamask, who will benefit from interoperability and compatibility for different non-EVM blockchains. The inception of this feature traces back to a...Read More
