Finding blockchain harmony to encourage TradFi participation

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Traditional finance has taken a U-turn from the industry’s initial dismissive reaction to Bitcoin (BTC)  and blockchain technology altogether. Earlier this year, we witnessed the SEC approve spot Ether and spot Bitcoin ETFs, including from leading asset manager BlackRock. Concurrently, State Street, a large global bank, plans to launch a stablecoin, and TradFi trading hub Robinhood has expanded its crypto operations.  While rigidly centralized institutions playing an…

Strategic investment: VCs are missing out on Africa’s blockchain boom

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. As crypto continues to transition from a niche interest to an important financial tool, we’re starting to see the potential for how it could help reshape traditional global economic hierarchies.  Tensions are running high, and tectonic shifts are already underway as we see the world’s great superpowers vie for security, prosperity, and influence. From sanctions, seizures, and the general weaponization of financial infrastructure to the legalization of…

Securitize Selects Wormhole as Official Blockchain Interoperability Provider

Real-world-asset (RWA) tokenization infrastructure provider Securitize has chosen Wormhole as its official interoperability provider to facilitate cross-chain transfers for all tokenized assets on its platform. The partnership aims to enhance liquidity and accessibility for tokenized assets while bridging traditional and decentralized finance systems. Securitize Enhances Tokenized Asset Liquidity Through Wormhole Integration According to the announcement […] Source CryptoX Portal

Hacked X Accounts Power Massive Crypto Scam, Blockchain Sleuth Warns

Recent developments in the crypto space have underlined the continuous danger of frauds, especially via social media channels. High-profile X (previously Twitter) hacking events have exposed significant number of victimized accounts, promoting fake memecoins. These events highlight security flaws as well as the extent scammers will go to exploit unsuspecting users. High-Profile Hacks And Their Effects Multiple well-known X accounts—including that of Lenovo India and Yahoo News UK—were hacked to support a fictitious memecoin known as HACKED. According to blockchain researcher ZachXBT, investors were persuaded into buying the fake coin…

Korea Blockchain Week 2024 Sets New Benchmarks With Record Attendance and Groundbreaking Web3 Innovations

PRESS RELEASE. SEOUL, KOREA — 19th September 2024 — FACTBLOCK, the founder and organizer of Korea Blockchain Week (KBW), announced the successful conclusion of the seventh edition of KBW, setting new records with over 17,000 participants — an impressive 70% growth compared to last year. As Asia’s premier Web3 festival, KBW 2024 featured a stellar […] Source CryptoX Portal

Binance Blockchain Week Dubai 2024 Early Bird Tickets Now Priced at $150

Joerg Hiller Sep 19, 2024 06:18 Early bird tickets for Binance Blockchain Week Dubai 2024 are now available for $150, offering a 75% discount on the full price. Early bird tickets for the highly anticipated Binance Blockchain Week Dubai 2024 have now been priced at $150, excluding a 5% VAT, according to an announcement by Binance. This new pricing represents a significant 75% discount compared to the full-price ticket of $600. How to Get Early-Bird Tickets at Discounted Prices The early bird…

Nigerian Think Tank, Japanese Tech Firm Partner on Blockchain Research

The Nigerian Institute of Social and Economic Research (NISER) partnered with Soramitsu, a Japanese tech firm, to improve NISER’s research faculty’s knowledge of blockchain technology. Soramitsu will focus on specific areas like SORA, central bank digital currencies (CBDCs), and Hyperledger Iroha. This partnership aims to create a knowledge base and support Nigeria’s development through research […] Source CryptoX Portal

Etherfuse Launches Mexican Stablebond on Solana (SOL) Blockchain

Caroline Bishop Sep 16, 2024 04:58 Etherfuse introduces a Mexican Stablebond on the Solana (SOL) blockchain, aiming to revolutionize financial inclusion and democratize financial systems. Etherfuse, a financial technology company founded in May 2021, has announced the launch of its new financial product, the Stablebond, on the Solana (SOL) blockchain. According to Solana, this initiative aims to enhance financial inclusivity by leveraging blockchain technology to create a more efficient and democratized financial system. Innovative Financial Solution The Stablebond is a cetes-backed token,…