A Memorandum of Understanding (MOU) has been struck by MANTRA, a RWA-focused Layer 1 blockchain, and Zand Bank PJSC, a digital bank licensed by the Central Bank of the United Arab Emirates, to expedite the real-world asset tokenization process, which includes RWA identification, listing, and distribution. In accordance with the
June 5, 2024 1 min read
Watford, a football club, has teamed up with Republic, an investment platform, to offer mom-and-pop investors about 10% of the club’s equity. Aiming to generate £17.5 million, the Hertfordshire club, who recently competed in the Championship in 2020, values it at £175 million total. The European fan program will soon be available on Seedrs,
June 5, 2024 2 mins read
To improve and expand the legal environment for tokens within its special economic zone, the Dubai Financial Services Authority (DFSA) has announced revisions to its crypto token regime. Companies with their headquarters in the Dubai International Financial Centre (DIFC), a special economic zone in the UAE, are subject to the
June 3, 2024 2 mins read
The biggest withdrawals of Bitcoin (BTC) and Ethereum (ETH) from the cryptocurrency exchange Kraken since 2021 have occurred recently. The current exchange supply crisis was described in depth in a post by Joao Wedson, founder and CEO of Dominando Cripto, which was cited by CryptoQuant, a blockchain analytics firm. Wedson
June 3, 2024 1 min read
The highly secure multi-chain cryptocurrency wallet Talisman has announced the release of Talisman Quests, a gamified experience meant to increase user interaction and knowledge within the Polkadot ecosystem. Quests, which recently operated in beta, requires cryptocurrency users to establish a profile and proceed through several levels by gathering experience points (XP)
June 3, 2024 2 mins read
Crypto exchange Binance’s founder Changpeng Zhao (CZ) has reported to a federal prison in Lompoc, California, to start serving his term. The information was confirmed with his legal staff at Latham & Watkins, according to a CNBC report. After his sentencing, Zhao discussed his intentions after jail, indicating that he
June 2, 2024 2 mins read
The crypto space’s flagship asset, Bitcoin, is still the biggest cryptocurrency by market cap, but it has never been really programmable, scalable, or popular among developers. Nevertheless, there has been a shift. There has been a dramatic increase in the volume of discourse around potential solutions to Bitcoin’s scalability with
May 30, 2024 3 mins read
Rome Blockchain Labs (RBL) is developing Sceptre, a private beta blockchain for data platform, while also developing Kinetic, a lending and borrowing platform. To optimize the FLR token’s functionality, the two protocols will work hand in hand. Three native reward mechanisms are built into Flare: delegating to the Flare Time Series
May 30, 2024 2 mins read
Users of the now-defunct Earn lending program have started to get their funds via cryptocurrency exchange Gemini. A statement on May 29 states that members of Gemini’s Earn program received $2.18 billion in digital assets, which amounts to 97% of the assets owed to them and a 232% recovery after
May 30, 2024 1 min read
The RWA tokenization protocol Blocksquare revealed today that $100 million worth of tokenized assets had been tokenized. This announcement coincides with the launch of Blocksquare’s launchpad, Oceanpoint v0.5. The noteworthy accomplishment of tokenizing $100 million in real estate assets on its platform features 118 distinct properties, ranging from apartments to
May 29, 2024 1 min read