Blockchain Financial News

The blockchain has seen many narratives over the years. Some of these have turned into actual use cases and continued with strength. But there is a new kid on the block, and they go by the name of real world assets (RWAs).

Everlodge offers a tantalizing promise: luxury real estate ownership that's not just the preserve of the elite. This democratization becomes real with their tokenized approach, where properties can be broken down into more affordable units and thus made available to a much wider demographic. The ELDG token is currently priced at $0.012 per token, allowing investors a ground-floor opportunity to participate in the platform's potential upside.

DeFi ecosystem, you’d agree with me that it’s significantly and continuously transforming through the integration of Layer 2 (L2) network solutions. All thanks to Ethereum — the world's biggest blockchain platform. Through this platform, innovative transformations of this kind are possible: Improved DeFi ecosystem, enhanced scalability, reduced transaction costs, and empowers both brokers and users.

Consensys, a leading blockchain and web3 software company, announces the launch of the first iteration of MetaMask Snaps to the public. MetaMask Snaps is set to revolutionize the way users interact with MetaMask, the world’s leading self-custody web3 platform, offering them unprecedented control and customization.

Tradecurve Markets is setting a riveting pace. Notably, TCRV is currently in its presale phase, further piquing the interest of investors and market enthusiasts alike. This article delves into the unfolding scenario, analyzing the trajectories of these cryptocurrencies and their race against time.

The attack on crypto exchange CoinEx which drained at least $55 million was carried out by the North Korean hacker group Lazarus, according to blockchain security firm SlowMist and on-chain investigator ZachXBT. The hacker group was identified after they mistakenly connected their address to the recent Stake and Optimism hacks. 

Amid a broader market sell-off, TRON ($TRX) has defied the odds, showcasing a remarkable bull run that has caught the crypto community's attention. At the same time, a relatively new entrant, InQubeta ($QUBE), has embarked on a meteoric rise that defies conventional market trends. While the broader cryptocurrency market experienced a significant sell-off, these top DeFi projects have defied the trend, posting substantial gains.

Murray Roos, head of capital markets at the LSE Group, told the FT the firm had decided to push forward with the project after 12-months of internal debate on the potential for a blockchain-powered trading venture.The UK exchange is reportedly mulling a sepearate entity for the new venture and is now engaged in conversations with the UK government and regulators on the idea.Ross stressed that the project does not involve cryptocurrencies and only uses the blockchain technology underpinning the digital assets to make buying, selling and holding of traditional assets more efficient."The idea is to use digital technology to make a process that is slicker, smoother, cheaper and more transparent . . . and to have it regulated," Roos said.

The co-operative in March published the findings of a 12-week period of sandbox testing, in which almost 5,000 transactions were simulated between two different blockchain networks and with existing fiat-based payment systems. The beta solution has taken its next step, with three central banks and monetary authorities, including the Hong Kong Monetary Authority (HKMA) and the National Bank of Kazakhstan, integrating the solution with their own infrastructure for direct testing.Swift has also initiated a second phase of sandbox testing, in which commercial banks, central banks and financial market infrastructures are exploring additional use cases, including trigger-based payments for digital trade platforms, foreign exchange models, delivery vs payment and liquidity saving mechanisms.

The web platform Opera revealed its plans to launch a non-custodial stablecoin wallet integrated into its mobile web browser which will be made available to its user base in Africa. 

In the midst of the global fintech market downturn, the crypto and blockchain sector managed to become a leader in investments in a number of major European markets. 

Decentralized identities and layer-2 solutions are some of the “gaps” in Cardano that the Emurgo team is working to fill, according to its founder and CEO. 

Popular messaging app Telegram has finally unveiled a crypto wallet nearly three years after it first revealed plans to build a Web3 ecosystem. The wallet was unveiled during the ongoing Token2049 event in Singapore.

Active user count can be a misleading metric for measuring the state of a crypto ecosystem as a small group of users can generate a significant portion of activity across multiple wallets, argues the co-founder of a blockchain analytics provider.

Elon Musk has been making waves within the cryptocurrency space. In that context, his upcoming biography is about to reveal his extensive connection with Dogecoin ($DOGE). Despite the news, Dogecoin is still struggling in the red zone. Yet, Borroe.Finance ($ROE) is revolutionizing the DeFi space, and more investors are buying the token due to its huge profits. Can Dogecoin catch up?

Amidst the volatility of the crypto market in 2023, InQubeta (QUBE) has emerged as the best cryptocurrency to invest in. InQubeta is not just another cryptocurrency; it represents the world's first crypto crowdfunding platform that specializes in fractional investments in cutting-edge AI startups, facilitated by the QUBE token.

On September 12, CoinEx, a cryptocurrency exchange, experienced a suspected attack following a substantial outflow from four of its hot wallets, which was promptly detected and reported by the blockchain security firm Cyvers.

“We’re so early” is one of the crypto sector’s best-known sayings, and when it comes to tokenizing real-world assets, it’s completely true.

New York University School of Law professors Max Raskin and Jack Millman recently published a paper in the Journal on Emerging Technologies discussing the legalities surrounding the use of blockchain-based smart contracts for the purpose of ‘personal growth bets.’ 

On Sept. 12, crypto exchange CoinEx experienced abnormally large outflows to an address with no prior history, leading security experts to suspect the exchange was hacked. Blockchain security platform Cyvers Alerts has estimated the losses to be approximately $27 million.

In the end, the 2023 G20 Leaders Summit was over almost before it started. Halfway through Day 1, Indian negotiators had hammered out a consensus on the Leaders’ Declaration that, in the words of India’s G20 Sherpa, had “absolutely no dissent, no footnotes, no chair summaries." It was that rare example of a well-achieved global consensus. With 112 outcomes and presidency documents, India’s was arguably also the most productive G20 presidency, having more than tripled the substantive output of previous presidencies.