The vehicle will focus on data center investments across the U.S, United Arab Emirates, Saudi Arabia, India, and Europe, claiming to be the “world’s first combined equity and debt tokenized fund.” Source
MetaPlanet completes its 11th series of stock acquisition rights, with Evo Fund securing a 14.9% ownership stake after exercising its stock acquisition rights. Source
“These risks may materialise in different ways due to the effects of token arrangements on market structure, e.g. due to a change in the roles played by intermediaries when previously separate functions are combined on one platform,” the BIS report said. Plus, conflict of interest could also emerge, the report added and called for sound governance. Source
NEAR Protocol was also among the underperformers, falling 2.9%. Source
Layer-2 network Scroll released its long-awaited native governance token on Tuesday. Traders have priced SCR at around $1.10, or a $212 million market cap, based on the circulating supply figure of 190 million. Source
The service, QuarkID, has been integrated into miBA, the city’s seven-year-old app for accessing municipal services and documents. The idea, in short, is to give 3.6 million porteños – residents of Buenos Aires – greater control over their personal information. The ZK proofs will let users show that a document has indeed been authenticated by the government without disclosing information that is irrelevant to the task at hand. Source
Realms isn’t the first piece of the Solana ecosystem to emerge from Solana Labs, the blockchain’s main developer company. Metaplex, the entity underpinning Solana’s non-fungible token (NFT) technology also did, said Matty Taylor, himself a Labs veteran who went on to independently run hackathons for the entire ecosystem. Source
“The introduction of DARe represents a stepping stone in our journey towards building a global hub for the blockchain and digital assets ecosystem,” Luc Froehlich, chief commercial officer of RAK DAO said in the statement. “By offering a structured legal framework, we enable DAOs to interact with the off-chain world, such as opening a bank account and owning both on- and off-chain assets.” Source
The platform has processed over $1.4 billion in trading volumes in the past 14 days, buoyed by an ongoing artificial intelligence-themed memecoin frenzy. Source
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 22, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Source