Credit rating agency Moody’s partners with Monetary Authority of Singapore Project GuardianThe company announced on Wednesday a public-private tokenization collaboration initiative aimed at improving market efficiency.The firm plans to provide risk analysis for Project Guardian, which is set to launch in 2022. In particular, Moody’s will look at fixed income products, including stablecoins, tokenized deposits, fractional funds, and other digital asset securities.“At its core, tokenization is about redefining traditional asset ownership and transaction frameworks by integrating digital and physical assets. With a sophisticated technology framework and a streamlined or interoperable infrastructure, tokenization has the potential to drive significant growth,” Rajeev…
Author: Crypto Flexs
OKX is withdrawing from Nigeria and ceasing all services to Nigerian customers, the cryptocurrency exchange said in an email to Nigerian customers on July 17.OKX cited “recent changes in local laws and regulations” as the main reason for discontinuing its services in the country, and stated that the deadline for users to access platform features is August 16, 2024. After the deadline, Nigerian users will only be able to access the platform to withdraw funds or liquidate positions.OKX email to Nigerian customer. Source: King. SolNigerian Government Targets Crypto ExchangesOKX suspended Naira withdrawals in May 2024, citing regulatory concerns, after the…
Telegram tap tour game hamster combat It has reportedly spread like a virus, gathering 250 million players who want to profit from the upcoming token launch. And in its latest crossover with a real-world event on Wednesday, Hamster Kombat is set to take on the likes of last weekend. Failed assassination attempt I am against Donald Trump.The game’s new special card, “Fight Fight Fight,” recreates the iconic photo of a bloodied Trump raising his fist defiantly, accompanied by a smiling cartoon hamster.The subtitle of the card “Hamsters Never Give Up” matches the description: “You are a strong manager and nothing…
Peter Zhang 18 Jul 2024 01:19 Gala Games will host a live town hall for The Walking Dead: Empires on July 17th at 11am PT. Players can join in live or watch the replay. Gala Games will host a live town hall for its survival MMO The Walking Dead: Empires on July 17 at 11 a.m. PT. According to Gala News, the event will give players and fans a chance to interact with the development team, ask questions, and gain insight into the game’s progress. Early Access Public Development Build The Walking Dead: Empires,…
Cardano price failed to break above $0.40 and started another downtrend. ADA is currently trading below $0.3850 and could extend losses in the short term. ADA price is down again, trading below $0.3880. The price is trading below $0.3850 and the 100 hourly simple moving average. A major bullish trend line broke with support at $0.3845 on the hourly chart of the ADA/USD pair (data source: Kraken). The pair could extend losses and test the $0.370 support zone. Cardano price drops again In the past few days, Cardano has attempted a recovery wave above the $0.3650 zone, similar to Bitcoin…
Since July 5, Bitcoin (BTC) has seen $1.91 billion in net inflows from U.S. spot exchange-traded funds (ETFs), but the price has struggled to hold above $65,000. Meanwhile, the S&P 500 hit a record high on July 16, and gold, considered the world’s largest reserve asset, hit a record high on July 17. This suggests that the factors hindering Bitcoin’s performance are not related to traditional financial markets. But what exactly is causing this underperformance?Not all Bitcoin ETF buyers are betting on a rise in the BTC price.First, spot ETF buyers may have moved out of their spot positions for…
Plonky3 from Polygon (MATIC) is now production ready. The new verification system toolkit is expected to bring even greater innovation in the ZK field. Succinct Labs’ SP1 validator fully demonstrates the toolkit’s transformative potential. As blockchain adoption grows, networks like Ethereum face the need to scale, which has led to advancements in several areas of cryptography. Among the teams moving the needle on Ethereum scalability is Polygon (MATIC) Labs, the developer of the Ethereum scaling network. In recent years, the team has been pushing the boundaries of what’s possible with the technology, supporting a zero-knowledge approach to scalability that promises…
Asset management giant BlackRock has set its fee for its spot Ethereum product at 0.25% as firms file amendment forms ahead of an expected launch date next week.BlackRock said in an amended S-1 registration statement filed Wednesday that it could “waive all or part” of the fee for a certain period. The company also said it would waive part of the fee, lowering it to 0.12% for the first year after listing and for the first $2.5 billion in assets.”“The Sponsor Fee shall accrue daily at an annual rate equal to 0.25% of the net asset value of the Trust,…
LiFi protocols have been breached, causing $8 million to be lost so far. Cyber Alerts recommends revoking approval for 0x1231deb6f5749ef6ce6943a275a1d3e7486f4eae. Attackers are switching USDC and USDT to ETH, highlighting DeFi security risks. The LiFi protocol, a critical API that facilitates swaps between the Ethereum Virtual Machine (EVM) and Solana (SOL), has been hit by a destructive cyberattack. According to a report by Cyber Alerts, hackers were able to steal $8 million worth of cryptocurrencies, primarily stablecoins, by exploiting specific contract addresses associated with the LiFi protocol. The breach was detected when Cyber Alerts flagged suspicious transactions associated with the 0x1231deb6f5749ef6ce6943a275a1d3e7486f4eae…
Jessie A Ellis 17 Jul 2024 17:53 Learn how to optimize encoding and compression of Parquet string data using RAPIDS, thereby dramatically improving performance. Parquet writer offers a variety of encoding and compression options that are turned off by default. Enabling these options can provide better lossless compression for your data, but it is important to understand which options to use for optimal performance, according to the NVIDIA Tech Blog. Understanding Parquet Encoding and Compression Parquet’s encoding phase reorganizes the data to reduce its size while preserving access to each data point. The compression…