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UK Government-Backed Technology Group Encourages Tokenization Collaboration Among Firms
26.3.2024
A new report released on Tuesday outlines the recommendations of a technology working group supported by the UK government, which encourages companies to adopt tokenization strategies in collaboration with their industry peers.
The post UK Government-Backed Technology Group Encourages Tokenization...
Curio Hit by $16 Million Exploit Due to Voting Power Vulnerability
26.3.2024
Curio, a project focused on facilitating liquidity from real-world assets for firms, has fallen victim to a smart contract exploit related to voting power privileges.
The post Curio Hit by $16 Million Exploit Due to Voting Power Vulnerability appeared first on Cryptonews
IMF Proposes Digital Money to Enhance Financial Inclusion in Pacific Island Nations
26.3.2024
The IMF has suggested that digital money could significantly improve financial inclusion and enhance the quality of financial services in the remote and dispersed nations of the Pacific Ocean.
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Turkey’s Misyon Bank Taps Taurus for Digital Asset Custody and Tokenization Services
26.3.2024
Turkey's Misyon Bank has announced its partnership with Swiss firm Taurus to leverage its digital asset custody and tokenization technology.
The post Turkey’s Misyon Bank Taps Taurus for Digital Asset Custody and Tokenization Services appeared first on Cryptonews
Spot Bitcoin Exchange-Traded Funds See Net Inflow Following Five Days of Outflows
26.3.2024
Spot Bitcoin exchange-traded funds (ETFs) experienced net inflows yesterday, breaking a streak of five consecutive days of outflows.
The post Spot Bitcoin Exchange-Traded Funds See Net Inflow Following Five Days of Outflows appeared first on Cryptonews
Asset Managers Continue to Embrace Bitcoin as Key Portfolio Diversification Tool: QCP
26.3.2024
Recognizing the potential benefits of Bitcoin's role as a portfolio diversifier, asset managers have been actively increasing their Bitcoin allocations.
The post Asset Managers Continue to Embrace Bitcoin as Key Portfolio Diversification Tool: QCP appeared first on Cryptonews
Bitcoin Price Maintains $70,500 as GBTC Net Outflows Exceed $14.1 Billion
26.3.2024
The price of Bitcoin has maintained a level around $70,500 despite recent outflows from spot ETFs led by Grayscale's GBTC.
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Hong Kong Regulator Issues Alert Against Suspicious Crypto Platform HKCEXP
25.3.2024
The Securities and Futures Commission of Hong Kong (SFC) has issued a warning regarding HKCEXP, an allegedly suspicious trading platform claiming to be registered with the regulator.
The post Hong Kong Regulator Issues Alert Against Suspicious Crypto Platform HKCEXP appeared first on Cryptonews
Digital Asset Investment Products See Record Outflows of $942M After 7-Week Inflow Streak
25.3.2024
Digital asset investment products experienced a record outflow of $942 million from March 16 to 22, marking the end of a seven-week streak of substantial inflows totaling $12.3 billion.
The post Digital Asset Investment Products See Record Outflows of $942M After 7-Week Inflow Streak appeared...
CommEx, Successor to Binance in Russia, Announces Shutdown and Halts Deposits
25.3.2024
CommEx, the exchange that took over Binance's operations in Russia in September 2023, has announced it is closing down and has stopped accepting deposits.
The post CommEx, Successor to Binance in Russia, Announces Shutdown and Halts Deposits appeared first on Cryptonews
Dead or Alive: Number of Cryptocurrencies Worldwide from 2013 to January 2024
25.3.2024
2024 began with over 9,000 cryptocurrencies available globally, 13% fewer projects ‘alive’ compared to the all-time high reached in 2022, accordign to Statista data.
The post Dead or Alive: Number of Cryptocurrencies Worldwide from 2013 to January 2024 appeared first on Cryptonews
Binance Faces Tax Evasion Charges in Nigeria, Executives Detained
25.3.2024
Binance, the world's largest cryptocurrency exchange, is facing tax evasion charges in Nigeria, as the dispute between the exchange and Nigerian authorities escalates.
The post Binance Faces Tax Evasion Charges in Nigeria, Executives Detained appeared first on Cryptonews
Singapore-Licensed DigiFT Introduces US Treasury Bill Depository Receipt Tokens
25.3.2024
DigiFT, a Singapore-based fintech company, has made a foray into the digital asset realm with the launch of the its US Treasury bill depository receipt (DR) tokens.
The post Singapore-Licensed DigiFT Introduces US Treasury Bill Depository Receipt Tokens appeared first on Cryptonews
ParaSwap Resolves Vulnerability in Newly-Launched Smart Contract, Returns Crypto Assets to Users
25.3.2024
ParaSwap has addressed a critical vulnerability in its recently launched Augustus v6 smart contract and has commenced the process of returning cryptocurrency assets to affected users.
The post ParaSwap Resolves Vulnerability in Newly-Launched Smart Contract, Returns Crypto Assets to Users appeared...
Web3 Platform Friend.tech Transforms Ownership, Shares Stake with Users
24.3.2024
Friend.tech, a social platform leveraging Web3 technology, has proposed a new ownership model by offering its shares to its users.
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Warning from Emin Gün Sirer: Deceptive Trends Threaten Integrity of Crypto Markets
24.3.2024
Emin Gün Sirer, the co-founder of Avalanche blockchain, has sounded the alarm on deceptive trends infiltrating certain layer-2 (L2) solutions, posing risks to investors.
The post Warning from Emin Gün Sirer: Deceptive Trends Threaten Integrity of Crypto Markets appeared first on Cryptonews
Crypto Markets Require Transparency, Says SEC Chair Gary Gensler
23.3.2024
The US Securities and Exchange Commission (SEC) Chair Gary Gensler has criticized crypto industry participants for avoiding registration requirements with the regulator.
The post Crypto Markets Require Transparency, Says SEC Chair Gary Gensler appeared first on Cryptonews
Saudi Investors Barred from FTX’s Anthropic Stake Sale Over National Security Concerns
23.3.2024
AI startup Anthropic will not accept investments from Saudi Arabia in the sale process of 8% of its shares as part of FTX's bankruptcy proceedings.
The post Saudi Investors Barred from FTX’s Anthropic Stake Sale Over National Security Concerns appeared first on Cryptonews
Worldcoin Orb Software Goes Open-Source — What Does it Mean for User Data Privacy?
22.3.2024
The Worldcoin Orb, a futuristic iris-scanning device for identity verification, has open-sourced its software. Developers can now review the components on GitHub, allowing transparency into the project's data privacy measures. Stay updated on the Worldcoin Orb and what it means for user data...
Parallelized EVMs May Solve Blockchain Trilemma, But It’s Risky Business
22.3.2024
Data from Fortune Business Insights predicts that the global blockchain technology market size will reach $469.49 billion by 2030. Although the potential behind blockchain technology is huge, a number of setbacks may hamper adoption however. For instance, the “blockchain trilemma” continues to...