Franklin’s latest addition is due to Aptos’ unique characteristics which also meet the asset manager’s rigorous suitability standards for its Benji platform, the firm’s blockchain-integrated recordkeeping system, said Roger Bayston, head of digital assets at Franklin Templeton. One Benji token represents one share of the fund. Source
PRESS RELEASE. In a world increasingly in need of innovative solutions to address pressing global challenges, the Blockchain for Good Alliance (BGA), a non-profit organization founded by Bybit, has announced the launch of the Sustainable Innovation Summit: The 17 SDGs Challenge, a global hackathon aimed at harnessing blockchain technology to create meaningful social impact. This […] Source CryptoX Portal
Newly appointed Japanese Prime Minister Shigeru Ishiba aims to use blockchain technology and non-fungible tokens to revalue local assets like food and tourism on a global scale. Policy documents from Shigeru Ishiba’s office indicate that Japan‘s PM is pro-blockchain and in favor of developing web3 technology to boost the country’s regional economies. His vision resonates with those of various crypto industry groups that wish for more incorporation of NFTs and Decentralized Autonomous Organizations in augmenting rural economies to promote sustainability and innovation. “Using blockchain technology, NFTs, and more, we will…
Former Binance CEO Changpeng Zhao (CZ) has shared a personal update, reflecting on his recent experiences and future aspirations. He emphasized his intention to focus on various projects related to education, blockchain, artificial intelligence (AI), and biotechnology. Zhao expressed confidence that future opportunities will exceed those of the past. CZ Shares Vision Following Prison Release […] Source CryptoX Portal
James Ding Sep 30, 2024 03:18 Binance launches a Word of the Day game, offering participants a chance to win tickets to Binance Blockchain Week 2024 and other rewards. Binance has announced the launch of a new Word of the Day (WOTD) game, themed around the Binance Blockchain Week. This initiative offers participants the opportunity to win exclusive rewards, including tickets to Binance Blockchain Week 2024 in Dubai, according to binance.com. The activity period for this WOTD game is from September 30,…
Zach Anderson Sep 29, 2024 06:29 LayerZero Labs CEO Bryan Pellegrino discusses the complexities and security issues of blockchain bridges in a podcast with a16z crypto. Blockchain bridges are essential tools for moving assets across different chains, but their history is marred by numerous security breaches. LayerZero Labs CEO and Cofounder Bryan Pellegrino recently delved into these complexities in a discussion with a16z crypto General Partner Ali Yahya and cohost Robert Hackett, according to a16z crypto. The Role of Blockchain Bridges Blockchain…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Web3 gaming has received a lot of skepticism over the past few years. However, the industry has undergone substantial changes in the developer’s approach to gameplay mechanics, reward models, and inclusivity factors. The result? We’re seeing GameFi emerge stronger than ever. It’s not just a theoretical observation but rather a statistical one. In the second quarter of 2024, blockchain gaming projects received a remarkable $1.1 billion investment—a…
The European Blockchain Convention (EBC) took over Barcelona for its 10th edition. The two-day event featured a line-up of speakers that fostered exciting dialogues between the industry experts. The Catalan capital saw some of the crypto industry’s brightest minds discuss digital assets, Decentralized Finance (DeFi), tokenization, Web3, and sustainability, exploring the industry’s future amid the growing adoption and evolving regulatory framework worldwide. Day 1: “Crypto Adoption Can’t Be Forced” On September 25, EBC10 kickstarted its “biggest edition yet” with Daniel Salmeron and Victoria Gago, two of EBC’s founders, discussing why…
Japan’s Financial Services Agency (FSA) has announced plans to reform the country’s regulatory framework on crypto gaming. This move, according to the report, appears to be aimed at assisting businesses in managing their digital currency assets better and to “stimulate” growth in the blockchain gaming sector. With the reform, the FSA is reportedly making the market “more accessible” to gaming companies by revising the existing Payment Services Act and establishing a structured law for in-game digital currency management. Crypto Regulations Encouraging Blockchain Gaming According to a recent upload from a…
Crypto hack and fraud-related losses decreased in Q3 2024, though Ethereum (ETH) remained the most targeted smart contract platform, according to a report by Immunefi. Losses Primarily Due To Centralized Exchange Hacks Immunefi has released its 2024 Q3 report, detailing the specifics of cryptocurrency-related hacks and losses during the quarter. The report notes two major exchange hacks, WazirX in July 2024, and BingX in September 2024, which collectively accounted for 69.5% of all funds lost in Q3 2024, totalling $287 million. Notably, both WazirX and BingX are centralized exchanges, and…