OpenEden, a tokenization platform, has launched tokenized United States Treasury bills (T-bills) on the XRP Ledger (XRPL). According to a Ripple press release, the platform’s TBILL tokens are backed by short-term US government T-bills and […]
There is significant opportunity for TradFi firms to drive meaningful revenue by extending new services to existing clients, as well as crypto native/FinTech firms to offer more institutional-focused capabilities. Those that move quickly will reap […]
Mantle (MNT), an Ethereum layer-2 (L2) project, has recently gained widespread attention. MNT, its native cryptocurrency, has also outperformed tokens from other blockchains in the same category. However, this analysis focuses on a recent change. […]
Bitcoin miner Riot Platforms reported a net loss of $84.4 million for the second quarter, compared to a net loss of $27.4 million during the same period last year. Despite the financial setback, the company […]
In a significant development for the cryptocurrency industry in South Korea, major cryptocurrency operators such as Upbit, Bithumb, and Coinone will now be required to pay a supervisory fee as part of the newly enforced […]
The Securities and Exchange Commission has charged Abraham Shafi, the founder and former CEO of Get Together Inc., a privately held social media startup known as “IRL,” with defrauding investors, including SoftBank. According to the […]
Banco Central do Brasil, Brazil’s central bank, has announced its intention to develop a “super app” that will integrate artificial intelligence (AI) and the nation’s central bank digital currency (CBDC), known as “Drex.” The initiative, […]
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Web3 game Notcoin announced that it will launch a story-driven Web3 game in collaboration with non-fungible token (NFT) collection Lost Dogs and The Open Network (TON)-based NFT marketplace Getgems. Notcoin, a viral clicker game that […]
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