The blockchain and crypto industry has never stood still including during the prolonged lean period known as the crypto winter, asserted Michael Amar, co-founder of the Paris Blockchain Week Summit. Amar believes the resilience shown by market participants during this period demonstrates a new level of maturity in the industry. Engagement Between Startups and Developers…
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In an exclusive interview with Cryptonews, Luke Barwikowski, the founder and CEO of Ronin-based social Web3 game Pixels, discussed his early start in the coding space and his move into Web3 gaming. He talked about Pixels’ development and successes, what it takes to launch a Web3 game, and why projects should wait before launching a…
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Crypto online banking company Meld, which received a VASP license in Lithuania, is set to launch tokenized real-world assets (RWA) for retail investors. The bank will launch borrowing and lending services against tokenized RWA in partnership with German-licensed DeFi platform Swarm Markets. According to Swarm Markets spokesperson, both Meld and Swarm signed a memorandum of…
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The government of Hong Kong has announced Project Ensemble, an initiative that will test the functionality of a wholesale central bank digital currency (WCBDC) and the movement of tokenized deposits. If there is “sufficient interest” in the project, the Hong Kong Monetary Authority (HKMA) will conduct a live issuance of the WCBDC in the future.…
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Brock Pierce, a crypto and blockchain OG and founder of Tether and EOS, sat down with Cryptonews Podcast host Matt Zahab to discuss the current bullish situation in the crypto market. In a wide-ranging, exclusive interview, Pierce talked about the US returning to the crypto scene as a participant following the spot Bitcoin ETF approvals,…
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Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s crypto news: All MetaMask Users Will Now Receive Security Alerts ELOOP is Building a Machine RWA Tokenization Platform on peaq ZKX Launches Pro Trade on Starknet for Experienced Traders __________ All MetaMask…
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Citi, in alliance with Wellington Management, Wisdomtree, and ABN AMRO, completed a proof of concept for the tokenization of a private fund on top of the Avalanche blockchain. The test used Spruce, an Avalanche subnet, to tokenize the fund and transact the tokenized assets, which were programmed to “automate operations, settle faster, and enable new…
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Big four American banking giant Citi has just completed a proof-of-concept (PoC) to tokenize traditional finance (TradFi) assets and distribute them on blockchain. The multinational investment bank and financial services corporation used Avalanche’s Evergreen subnet Spruce “for its multi-level permissioning, EVM compatibility, institutional focus, and customizability” according to a report on the project. In the…
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The Hong Kong-listed OSL Digital Securities has participated in the Swiss banking giant UBS’s “investment-grade tokenised warrant and simulated product life cycle.” Patrick Pan said the partnership with UBS not only represents a milestone for OSL but also highlights the importance of maintaining high standards in the digital asset market. Transforming Hong Kong’s Digital Asset…
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Source: Alex J/Adobe The Russian metal mining giant Nornickel (Nornickel Norilsk) says it will start paying its employees dividends with “digital financial assets.” The firm’s board of directors has approved a program that will see employees receive around $10.40 per share. And, according to a Nornickel Telegram post, the company’s main shareholders have also approved…
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