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Can Tokenized RWAs Reach $1.3 Trillion by 2030?

The tokenized real-world assets (RWAs) gained traction as their market value prediction might target $30 trillion by 2030. A realistic target is observed around $1.3 trillion in tokenized traditional assets. Jamie Coutts, the chief crypto analyst at Real Vision, suggests that Wall Street estimates $10 to $30 trillion in traditional

August 28, 2024 2 mins read

Solana Price Sees Bearish Takeover After Hitting $160 Levels

In the cryptocurrency sector, volatility in prices is a daily occurrence. Despite that, significant movements in charts often tend to draw investors’ attention. Relatedly, the second largest altcoin, Solana, showed such price movements. The token has seen a price drop of 4.54% in the last 24 hours.  Solana, the native

August 28, 2024 2 mins read

Haru Invest CEO Stabbed in Court Amid $826M Crypto Theft Charges

The CEO of Haru Invest, a South Korean crypto-earning platform, faced a violent attack in the court today. During a routine hearing, a person rushed forward and stabbed the CEO several times in the neck with a short knife. Immediate medical attention was provided. Authorities detained the assailant on the

August 28, 2024 2 mins read

Memecoins Sink to New Lows as Crypto Market Falters

The cryptocurrency market has been under significant pressure as bearish sentiment led to a 5.58% drop in the overall market cap. Bitcoin, the leading cryptocurrency, plunged to an eight-day low of $58,034, marking a 5% decline. Ethereum also faced a sharp downturn, briefly falling to a 20-day low of $2,481.

August 28, 2024 2 mins read

MakerDAOs Freeze Function in Upgraded Stablecoin Raises Concerns

Maker, a leading platform in decentralized finance, has recently undergone a rebranding and is now known as Sky. Alongside this change, their widely-used stablecoin, previously known as DAI, has been upgraded and rebranded as USDS. Users can upgrade from DAI or convert from USDC to NetStable at a 1:1 ratio.

August 28, 2024 2 mins read

Bitwise to Integrate Osprey Bitcoin Trust Assets Into BITB

Bitwise Asset Management has announced its intention to acquire the Osprey Bitcoin Trust (OBTC) within the Bitcoin exchange-traded fund (ETF) market. This acquisition, revealed in a press release on Tuesday, will see Bitwise integrate Osprey’s $120 million in assets into its own Bitwise BTC ETF (BITB). As part of the

August 28, 2024 2 mins read

Floki Announces Partnership With University of Miami Athletics

Multi-Year Partnership Will Showcase Floki’s Valhalla Game Across University of Miami Athletics Cryptocurrency organization, Floki, has announced a partnership with University of Miami Athletics. Floki is proud to announce that Valhalla, a groundbreaking MMORPG (Massively Multiplayer Online Role-Playing Game), will be at the forefront of a high-profile, multi-year partnership with

August 28, 2024 3 mins read

Australians Lose $122M to Crypto Scams as Fraud Surges in 2024

Australians has suffered significant financial losses to cryptocurrency scams, amounting to $122 million over the past 12 months, according to the Australian Federal Police (AFP). The increase in scam activity highlights a worrying trend as more Australians venture into the digital currency space. Many victims fall prey to schemes promising

August 28, 2024 2 mins read

Crypto Payments App Slash To Debut Its SVL Token on Top-Tier Exchange Gate.io

Slash Vision Labs, the company behind one of Japan’s most popular crypto payments services, is looking to expand further into Asia by increasing access to its native SVL token.  Its strategy involves getting some of Asia’s most reputable exchange platforms to list the SVL token, so as to boost awareness

August 28, 2024 3 mins read