To say that real world asset (RWA) tokenization projects exploded onto the scene in late 2023 and early 2024 would be an understatement. The comments from Larry Fink of BlackRock absolutely took the prices of RWA projects sky-rocketing back in March 2024 but since then, it has been bit of a slump for these projects. …
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Donald Trump , the former President of the United States will be the guest speaker at 2024 Bitcoin Conference in Nashville on the 27th of July 2024. The announcement was made by Bitcoin Magazine on their X handle a few hours before the time of writing this article. This announcement follows Trump’s recent support for …
Bank of Italy will soon publish guidelines on how to apply the European Union’s upcoming crypto rules, announced Bank of Italy Governor Fabio Panetta on Tuesday, July 9. The guidelines aim to facilitate the effective application of the EU’s Markets in Crypto-Assets Regulation (MiCA) and protect cryptocurrency holders. Panetta noted that the Bank of Italy …
Consensys, the Ethereum software developer firm that built the MetaMask wallet, announced the launch of a “MetaMask Delegation Toolkit” to enhance the user experience of blockchain applications. The announcement was made at the Ethereum Community Conference (EthCC) in Brussels, Belgium, where the company plans to begin onboarding developers to use its new product. The Delegation …
TRON founder Justin Sun announced that his team is developing a stablecoin solution aimed at increasing institutional adoption of such assets. On July 6, Sun revealed that a gas-free stablecoin solution will be launched on the TRON network in the fourth quarter of this year. In conclusion, market experts predict that demand for stablecoins will …
TRON developing gas-free stablecoin transactions. Read More »
A resolution to overturn Staff Accounting Bulletin 121, also known as SAB 121, was vetoed by President Biden in May. Now, the US house will vote on trying to overturn the POTUS veto on it. Political experts are mixed about whether lawmakers have enough votes to override President Biden’s veto though. The U.S. House is set to …
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Mt. Gox has initiated the process of repaying its creditors by transferring 47,228 BTC, valued at approximately $2.71 billion, from its cold storage to a new wallet. This move is part of a broader effort to facilitate creditor repayments through designated cryptocurrency exchanges. The transfer has coincided with a dip in Bitcoin’s price below $55,000, …
Bitcoin has dropped below $58k for the first time in two months today, on 4th of July 2024. There are reports also that $54.9 million in Bitcoin long positions have been liquidated in the last 24 hours, Many experts are pointing out the fact that the Mt.Gox selling pressure news has caused this latest dump …
The Bittensor blockchain was temporarily halted after an attack on several user wallets, causing a 15% drop in TAO prices after the hack . Investigations are ongoing into the attack, which is suspected to have been caused by a private key leakage. Bittensor has been put into “safe mode” to prevent further transactions until more …
The US Marshals Service (USMS) has awarded Coinbase Prime a $32.5 million contract to safeguard and trade its large-cap digital assets. This decision, made after thorough due diligence by the USMS, part of the US Department of Justice responsible for asset forfeiture, highlights Coinbase Prime’s reputation for strong security and reliable service. Many institutional investors …
