Lens, which was founded in 2022 by the creators of decentralized finance (DeFi) giant Aave, released its version 3 on Monday, having already empowered some 550,000 users by granting them complete ownership of their social identity, the data they create, the connections they make and the audiences they communicate with. Source
“With Hong Kong on the cusp of announcing new stablecoin regulations allowing digital currencies on public blockchains, the introduction of this KYC solution trial gives Mainland Chinese residents their first opportunity to legally hold public chain wallets and transact with stablecoins, such as HKDA, a fiat-referenced Hong Kong Dollar stablecoin issued by IDA. This project signals a possible first step in aligning with China’s long-term approach to integrating blockchain technology,” the companies said in a statement. Source
One way to track the success of this stablecoin, Christensen said, is through the portion of USDS held idle without earning rewards. Of the over $1 billion in circulation, a small but notable amount are not earning rewards – which shows that it’s being held by real humans and not bots as this idle behavior signals organic use, as real users treat USDS like cash, holding it temporarily without maximizing returns. Source
“If Harris wins, the likelihood of these ETFs getting approved may decrease, potentially leading to a 15% drop in solana, while bitcoin might experience a more limited decline of around 9%,” Thielen said, adding that a Trump victory could see SOL, BTC and ether rise by around 5%. Original
“With this action, the SEC is continuing to indiscriminately assert that tokens are securities. While not specified in the notice, we believe its claims are targeting the listing and private sales of IMX in 2021,” Immutable said, referencing a blog post about a pre-launch private purchase of Immutable’s token IMX by Huobi Ventures Blockchain Fund. Source
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…
Blade Labs, a Qatari tech company, has launched a platform for tokenizing Murabaha contracts, a type of Islamic finance. This innovation allows for broader access to Sharia-compliant financing, both for financial and non-financial institutions. Tokenized Sharia-Compliant Contracts Blade Labs, the Qatar-based tech company focused on blockchain and Web3, recently unveiled a platform for tokenized Islamic […] Source CryptoX Portal
The tokenized funds will be set up and issued under Kazakhstan’s financial services law, under regulatory oversight of Astana Financial Services Authority (AFSA), where SkyBridge and Bitfinex are licensed to operate. Bitfinex Securities is responsible for the tokenization process, while SkyBridge will act as broker and manager of the tokenized fund. The products will be available to retail users, but with certain geographic limitations, and available to be purchased with Tether’s stablecoin (USDT). Source
Este artículo también está disponible en español. Bernstein Research, the esteemed research arm of global asset manager AllianceBernstein, is projecting that Bitcoin will reach $200,000 by the end of 2025. The firm, which manages assets worth $791 billion as of August 2024, labels this prediction as “conservative” in its latest 160-page “Black Book” on Bitcoin. Why BTC Price Will Hit $200,000 In 2025 Bernstein’s report, titled “From Coin to Computing: The Bitcoin Investing Guide,” delves into the multifaceted dynamics propelling Bitcoin’s ascent. The firm underscores the surge in institutional adoption,…
Both Portofino’s chief operating officer and co-founder, Alex Casimo, and chief financial officer, Jae Park, were fired in July. This then triggered the resignations of Vincent Prieur, the head of strategy and operations, and Shane O’Callaghan, the global head of business development, as well as a significant number of the firm’s staff. Source