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
“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 Sui blockchain has launched a hub in Dubai which will act as an incubator for blockchain developers and entrepreneurs, one of its founding developers told CoinDesk in an interview. Source
Tesla and Spacex CEO Elon Musk has launched a $1 million daily giveaway campaign, encouraging swing-state residents to sign a petition in battleground states. The billionaire gave the first $1 million to one man at a rally as he highlighted concerns about the country’s future and the urgent need for reform. The daily cash prizes […] Source CryptoX Portal
Enables Real-Time Trading of Traditional Assets During Historic Event-Driven Market Volatility and Adoption of Prediction Markets LONDON, Oct. 18, 2024 /PRNewswire/ — Ostium Labs today announced the public mainnet launch of its onchain trading platform, offering traders unprecedented access to global macro markets during a period of global event-driven volatility, marked by speculation around the U.S. Presidential election. Ostium enables perpetuals trading on traditional market currencies, commodities, and indices in real time, markets uniquely affected by events like interest rate changes and geopolitical outcomes. The trading platform meets the needs…
Grexie Signchain enables developers to sign off-chain data into smart contracts, with self-hosted or secure vault signer wallet management. MANCHESTER, England, Oct. 17, 2024 /PRNewswire/ — Grexie Limited proudly announces the launch of its innovative smart contract solution, Signchain, on November 1st, 2024. Designed specifically for developers, Signchain introduces a powerful way to bring off-chain data on-chain through user-paid gas fees and secure signing of data into smart contract methods using its extendable smart contract, Signable. In the growing landscape of blockchain technology, securely managing off-chain data and integrating it into…
Solv Protocol has introduced ‘SolvBTC.JUP’, a new Liquid Staking Token that lets Bitcoin investors earn returns through Solana’s decentralized finance ecosystem. Even though it is only in its pilot phase, SolvBTC.JUP offers Bitcoin holders a way to generate returns, paid in Bitcoin (BTC), by participating in Solana’s (SOL) Jupiter Exchange, according to a press release shared with crypto.news. The process works by depositing Bitcoin into Solv Protocol. In exchange, users receive SolvBTC.JUP, which represents their staked Bitcoin. This token accrues yield over time based on Solv’s involvement in the Jupiter…
The token will be available on both Ethereum and OP Mainnet. Source
Protocol Village: Conduit Launches New G2 Sequencer, Claiming 10x Improvement Over Existing Versions Source
Kenya, in partnership with the United Nations Development Program (UNDP) and Microsoft, has established the Africa Centre of Competence for Digital and AI Skill. This center aims to equip public sector employees with digital and AI skills to improve service delivery across Africa. It aligns with Kenya’s National Digital Master Plan and focuses on topics […] Source CryptoX Portal