With just over a week left before the EU’s Markets in Crypto Assets Regulations (MiCA) stablecoin rules take effect, one real-world assets (RWA) platform is exploring ways to offer asset-backed tokens. This is the issuance of gold-collateralized NFTs. . Berlin-based Swarm Markets plans to allow individuals to purchase NFTs that represent ownership of physical gold, according to a release shared with Block. The gold bullion backing the tokenized assets is stored in Brink’s vaults in London. Users can exchange NFTs on a peer-to-peer basis through Swarm’s decentralized over-the-counter (dOTC) platform after passing know-your-customer (KYC) and anti-money laundering (AML) processes. “I…
Author: Crypto Flexs
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Google announced the launch of new AI tools for Google Workspace for Education, including the introduction of Gemini to improve the learning experience for teenage students. According to blog.google, this move is part of Google’s broader efforts to make AI useful in educational settings and beyond.Empowering Teens to Learn Responsibly with GeminiGemini, Google’s new AI tool, is designed to prepare teens with the skills and tools they need to succeed in a future where generative AI (GenAI) will play a critical role. Gemini provides guided support, immediate assistance, practice materials and real-time feedback with the…
XRP has fallen more than 4% over the past seven days. Most market indicators remained bearish for the token. Like most cryptocurrencies XRP Recently, they faced difficulties due to a failed price increase. The recent price correction has brought XRP down to a critical support level. This allowed the token to show strength to change the trend. However, things can get even worse if the token fails the support tests. XRP bears are leading. CoinMarketCap’s data The value of XRP has fallen by more than 4% over the past seven days. In the last 24 hours alone, the price has…
The frequency with which Bitcoin fails to break through higher resistance levels could lead to the formation of a “double top price pattern,” potentially leading to a “sharp decline” to $50,000, according to a cryptocurrency analyst.Markus Thielen, founder of 10x Research, explained in an analyst note on June 24 that Bitcoin (BTC) technically appears to be following a double top pattern and is currently testing support levels. A double top pattern is formed when the price reaches two similar highs with a slight decline in between them, holding support above a common line known as the “neckline”. This pattern usually…
Former President Donald Trump may head to Nashville to speak at Bitcoin 2024 in late July, Reuters reports. Axios.President Trump is in talks to speak at the event, according to Axios on Monday, citing two people familiar with the matter. Other politicians, including presidential candidate Robert F. Kennedy Jr., former President Vivek Ramaswamy, and Republican Senators Bill Hagerty and Marsha Blackburn I am scheduled to speak at Bitcoin 2024.Sources familiar with the situation told The Block that President Trump has been invited to the meeting, but could not confirm whether the former president would speak or attend.He said cryptocurrencies are…
Telegram-connected blockchain platform Open Network (TON) is under pressure as phishing attacks increase in its ecosystem, a blockchain security expert has warned.The TON ecosystem, which features a variety of decentralized applications (DApps) and tokens built on the TON blockchain, has become a target of phishing attackers amid its stormy growth in 2024, according to the founder of blockchain security firm SlowMist.“There is more and more phishing activity in the TON ecosystem,” SlowMist founder Yu Xian wrote in an X post on June 23. According to Xian, the phishing vulnerability in the TON ecosystem is related to the easy access for…
Creating a GitHub repository is an important first step for anyone who wants to use Git to manage their projects. According to the GitHub blog, the third article in the ‘GitHub for Beginners’ series provides a comprehensive guide on how to create and manage your first repository. What is a repository? Repositories (repos) are the building blocks of GitHub and Git. This is a space where project files are stored for version management and collaboration. Think of it as a project folder that tracks changes, stores history, and allows multiple people to work together seamlessly.…
Bitcoin (BTC) price fell 5.8% from June 23 to June 24, reaching a seven-week low of $59,700. Although there was a gradual recovery to $60,400, a total of $153 million in leveraged BTC buy futures were forced to liquidate due to insufficient margin. The move moved the derivatives indicator to a neutral sentiment, ending a five-week bullish trend.Concerns surrounding the sale of Mt. Gox and the German governmentTraders are now questioning whether the worsening cryptocurrency market conditions mean a longer bear market or a temporary panic as miners are forced to cover costs due to low profitability and the potential…
Phishing scams are on the rise in the TON ecosystem. Scammers appear to be taking advantage of Telegram’s “free” ecosystem. Due diligence is required to avoid falling victim to this type of fraud. 2024 will be the year when TON (The Open Network), a Telegram affiliate, is born. With the growing popularity of the clicker app built into Telegram as a mini app, the network’s native token has entered the top 10 crypto assets by market capitalization, comfortably taking the 8th spot ahead of Dogecoin. Amid the recent growth of the network, it appears that malicious actors are using the…
Allora Labs, formerly known as Upshot and focused on NFT valuation, has raised $3 million in a strategic funding round ahead of the mainnet launch of its decentralized artificial intelligence network.Investors in the funding round included Archetype, Delphi Ventures, CMS Holdings, ID Theory and DCF God, Allora Labs said on Monday. “The company began raising funding rounds in March and closed the round earlier this month,” co-founder and CEO Nick Emmons told The Block. This round, like Allora’s previous rounds, was structured as an equity round, Emmons said. He declined to comment on valuation.Allora previously raised a total of $32…