In a significant step towards digital transformation, the Chinese government, in collaboration with the Blockchain-based Service Network (BSN), has announced plans to launch a new blockchain-based platform, RealDID, to enhance identity verification processes. This initiative marks a key development in China’s journey towards integrating advanced technologies into governance and public administration. China’s RealDID Balances Privacy […]
RWA Tokens That Could 50-100x in 2024
Real World Asset (RWA) tokens are trending and a fresh asset class. Driven by its underlying asset value, RWA crypto tokens are a great opportunity for the finance world and investors to gain indirect profits from the real asset itself. However, there are numerous projects already in the space and one can easily get confused […]
Bitcoin Custodian Nostr Assets Hits Pause on Fresh Deposits
In a recent development that has caught the attention of the cryptocurrency community, Bitcoin custodian Nostr Assets announced a temporary pause in accepting new deposits. This move comes in the wake of an unprecedented surge in user engagement and a contentious allegation from a key figure in the industry. Nostr Assets Refutes Fiatjaf’s Scam Allegations […]
Societe Generale Embraces Blockchain with Green Bond Issuance
French banking giant Societe Generale (SocGen) marks a significant shift in traditional finance’s approach to digital assets with its recent green bond issuance on the Ethereum network. This move highlights the growing interest among mainstream financial institutions in the potential of blockchain technology for enhancing transparency, efficiency, and sustainability in financial transactions. Blockchain Technology Gaining […]
Why Banks And Financial Institutions Adopting Blockchain Technology?
Blockchain Technology has traveled a decade-long journey to be here serving people transparently. Right from the inception of Bitcoin, the peer-to-peer transaction network, blockchain made it all possible. Not only cryptocurrencies and web3 are utilizing blockchain technology, rather banks, major financial institutions, healthcare sectors, and even government systems are also entering the market. As per […]
US Lawmakers Red Flag Tether’s Parent Firm for Business With Federal Officials
On Wednesday, November 8, U.S. legislators presented a bill that prohibits federal government officials from engaging in business with iFinex, the parent company of USDT stablecoin issuer Tether. The development comes as the US government announces a crackdown against Chinese blockchain firms. Tether, China and US Lawmakers As per reports earlier this year, Tether has […]
Better together: IBM and Microsoft make enterprise-wide transformation a reality
IBM® and Microsoft—the two largest global IT companies—are working together. While many may see IBM and Microsoft as competitors, we are much better partners bringing the best of both companies together to accelerate impact and influence at scale. We provide current and new clients the unique opportunity to take advantage of the combined value from […]
ALT2611 Tokenized Bond Debuts on Bitfinex Platform
Bitfinex Securities steps into a novel phase of financial solutions by announcing its first tokenized bond, ALT2611. The bond, issued by global microfinance leader Mikro Kapital, features a 36-month tenure with a 10% coupon, denominated in Tether (USDT). It specifically targets the development of microfinance institutions, focusing on several European countries and broader regions along […]
Ethereum Scaling Project Scroll Hits $15 Mln TVL, Know More Here
L2BEAT, a network created to provide transparent and verifiable insights into emerging layer two (L2) technologies, recently revealed that, following the launch of the Ethereum scaling project Scroll on October 17, the total value locked (TVL) on the Scroll Chain has reached a new whopping high of $15.20 million. Scroll is an open-source, zero-knowledge, community-driven […]
Superdao Plans To Cease All Operations, Here’s Why
Superdao, a blockchain service provider company, recently announced its plans to shut down the project with immediate effects. According to a statement issued by the company, Superdao, a platform that initially grew as a service suite for DAOs providing blockchain services, all operations will gradually cease while the company also shuts down the project itself. […]