Tag: Blockchain

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From Microstrategy to Gamestop — Backed Introduces 5 New Tokenized Equities

July 16, 2024

Backed, a firm specializing in real-world asset (RWA) tokenization, has launched five new tokenized equities. The newly introduced tokens represent stocks of prominent companies, offering non-U.S. investors exposure to these assets via blockchain technology. RWA Firm Backed Launches 5 Tokenized Stocks Backed‘s new tokenized equities include bMSFT (Microsoft), bGME (Gamestop), bMSTR (Microstrategy), bTSLA (Tesla), and…
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Solana’s Popcat Nears $1 Billion Market Cap After Hitting ATH

July 16, 2024

Popcat has emerged from the convergence of internet memes and cryptocurrency. The meme coin depicts a playful feline, and it serves as inspiration for this digital asset, which has captured the attention of investors and crypto enthusiasts as it tallies a new milestone. Popcat Scales The Crypto Food Chain Popcat has been showing a big…
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Mt Gox Estate Transfers $3B in Bitcoin, $53M in Bitcoin Cash Ahead of Distribution

July 16, 2024

According to onchain data, at 4:12 a.m. EDT on Tuesday, 48,641 bitcoin worth just over $3 billion were transferred by the Mt Gox estate ahead of the forthcoming distribution. Mt Gox Estate Moves Large Holdings Before Distribution After the price of bitcoin (BTC) climbed above $65,000, Mt Gox sent 48,641 BTC, valued at $3 billion,…
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Standard Chartered-Backed Blockchain Firm Partior Closes $60 Million Series B Round

July 14, 2024

Blockchain firm Partior announced on July 12 that it had closed a $60 million Series B funding round led by Peak XV Partners. The investment will be used to enhance Partior’s capabilities, including intraday foreign exchange swaps, cross-currency repos, and just-in-time multi-bank payments. Partior Aims to Integrate Ten More Currencies JPMorgan and Standard Chartered-backed blockchain…
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Seven Years of Binance: CEO Richard Teng Shares Insights on Achievements and Future Goals

July 12, 2024

Binance is celebrating its seventh anniversary, reflecting on its growth and achievements in the rapidly evolving cryptocurrency industry. In an open letter, Binance CEO Richard Teng shared his insights and perspective on the company’s journey and future. Binance CEO Richard Teng on Successes, Challenges, and the Road Ahead In his reflection shared with Bitcoin.com News,…
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Hiro Systems Applauds SEC Decision to Close Stacks Investigation

July 12, 2024

The U.S. Securities and Exchange Commission (SEC) has concluded its investigation into Stacks, a Bitcoin scaling network, and its original developer, Hiro Systems, with no recommended enforcement actions. This investigation began in 2021 despite claims by network contributors that Stacks’ token sale was SEC-qualified. Hiro Systems praised the SEC’s decision, reaffirming its commitment to regulatory…
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Droppgroup Partners Solana-Focused Superteam to Drive Web3 Adoption in Saudi Arabia

July 12, 2024

Web3 development firms Droppgroup and Superteam have partnered to accelerate Web3 adoption in Saudi Arabia. The collaboration aims to revolutionize Saudi Arabia’s public and private sectors through Web3. Collaboration Aligns with Saudi Arabia’s Vision 2030 Web3 development firm Droppgroup and Solana-focused development group Superteam have partnered to accelerate Web3 adoption in Saudi Arabia. The collaboration…
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Worldcoin Launches World Chain Developer Preview, Targets Increased Scalability

July 11, 2024

Worldcoin, the biometric ID and UBI project, has announced the launch of the developer preview of World Chain, a new blockchain that will allow it to scale beyond the numbers currently achieved. This developer preview will serve as a platform for developers to reach 10 million users across 160 countries, starting to build apps before…
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Celer Network Thwarts Attempted Domain Takeover

July 11, 2024

Celer Network, a blockchain and cross-layer platform, said on July 11, 2024 (9:38 am EST), that it thwarted an attempt to take over its domains. The platform claimed it recovered all the Domain Name System (DNS) records. An investigation found the attack vector likely involved third parties beyond Celer Network’s control. Celer Network assured users…
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Blackrock’s BUIDL Fund Reaches $500M Milestone; Tokenized Treasuries Tap $1.8B

July 9, 2024

According to the latest data, Blackrock’s BUIDL fund on Securitize has surpassed $500 million, becoming the first tokenized money market fund to reach this milestone. This achievement coincides with the value of tokenized U.S. Treasuries reaching $1.81 billion. Half Billion Milestone for Blackrock’s BUIDL Fund This week, Blackrock’s USD Institutional Digital Liquidity Fund, also known…
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