A pioneer in asset tokenization, Backed today announced a ground-breaking collaboration with Latin America’s eNor Securities, a regulated investment exchange and marketplace for tokenized assets. With this partnership, a significant milestone will be reached as retail investors in the rapidly expanding LATAM market will have access to Backed’s tokenized securities, also
Aurora Labs revealed the release of Bitcoin Light Client and Relayer, which connects the Bitcoin network to the NEAR protocol for the first time. The integration increases web3 compatibility and opens the door for new DeFi use cases. On the NEAR network, Aurora Labs’ Bitcoin Light Client functions as a
Prominent blockchain Cardano’s address count with a balance has remained around 4.45 million for over a year, indicating stability but also highlighting challenges in attracting new users. During the last cycle, Cardano positioned itself as a strong alternative to Ethereum, experiencing significant growth. However, in the current cycle, platforms like
Solana (SOL), the fifth-largest cryptocurrency by market cap, has extended its recent downward trend, failing to break out of the $150 zone. As bears are overpowering the feud, SOL dropped down to a brief bearish zone at $146. Notably, in the last 24 hours, after a 2.30% drop, SOL managed
DBS Bank, Singapore’s largest bank by assets, initiated a pilot project for its new “DBS Treasury Tokens” collaborating with Ant International, a global fintech of Alibaba’s Ant Group. This initiative aims to revolutionize treasury and liquidity management for multinational corporations. The DBS Treasury Tokens, which operate on DBS’s permissioned blockchain,
Metaplanet, a prominent player in the cryptocurrency space, has made headlines once again. On the official X page, @Metaplanet Inc. has shared the details of new Bitcoin purchases. The Japanese Public Company has acquired an additional ¥500 million worth of Bitcoins. This is after it announced its intention to acquire
The ‘Kelp Gain Vaults‘ Program is being launched by the liquid restaking platform, Kelp DAO. As the first initiative to provide access to several Layer 2 airdrops in a single, diversified approach, the program increases the earning potential of airdrops and benefits for restakers and users. With just one click, users of
The massive cyberattack on WazirX that took place on July 18 has cast a long shadow over the Indian crypto community. The breach, which resulted in a $230 million loss, has shaken the confidence of Indian crypto users, prompting renewed scrutiny of exchange security and the safety of users’ funds.
Today, Victoria VR, a blockchain-based Virtual Reality World and AI VR builder developer, announced the release of VRtap, their newest game. The new game, which combines play-to-earn gameplay with strategic PvP combat to provide realistic virtual reality gaming to mobile users, was created as a cutting-edge Strategic PvP for Telegram.
On Sunday, August 11th, at Foresight 2024 Hong Kong, Ben Caselin, the Chief Marketing Officer of VALR, the cryptocurrency exchange backed by Pantera, gave a keynote speech on the unique adoption trajectory of cryptocurrencies in emerging markets. Caselin’s presentation clarified the notable distinctions between the adoption of cryptocurrency in nations such
