Citi Bank, Wellington Management, and WisdomTree explore Avalanche’s private equity tokenization. Proof of concept demonstrates the potential for improved automation, compliance, and control. Collaborate with DTCC Digital Assets to evaluate interoperability and seamless integration. Citi Bank has partnered with Wellington Management and WisdomTree to explore private equity tokenization using the Avalanche blockchain platform. This innovative initiative aims to revolutionize capital markets by leveraging blockchain technology to improve operational efficiency and explore new operating models. Avalanche Spruce Subnet The proof of concept conducted by Citi Bank, Wellington Management, and WisdomTree was facilitated through the Avalanche Spruce institutional test subnet. This specialized…
Author: Crypto Flexs
Nicosia, Cyprus, February 14, 2024, Chainwire Hypeloot is proud to announce that since its founding in 2022, it has processed over 50 million bets for over 100,000 users worldwide. Hypeloot, one of the fastest growing cryptocurrency casinos, has experienced rapid growth recently, with new game modes being released almost every week. It is likely to accelerate. Hypeloot adds some of the most popular casino games, but isn’t afraid to add an innovative touch to the platform by developing new games that are gaining a lot of popularity. For example, we created the first Plinko game with a 100,000X multiplier. -Plinko…
Cryptocurrencies have taken the world by storm in recent years, providing a decentralized and secure way to conduct financial transactions. One of the newest players in the cryptocurrency market is MetalCoin, which is poised to revolutionize the way we think about digital currencies. In this article, we will look at the potential of MetalCoin and why it could be the next big thing in cryptocurrency. What is a metal coin? MetalCoin is a decentralized digital currency that aims to provide a secure and efficient way to conduct financial transactions. It is built on blockchain technology that ensures all transactions are…
The number of pre-orders has reached 100K, so Solana has started production. SOL was the best-performing large-cap cryptocurrency last week. Solana (SOL) Mobile’s upcoming “Chapter 2” Web3 phone was making waves in the market as users flocked to get their hands on the device. A new “chapter” for Solana phones According to on-chain analytics firm Flipside, about 53.4K units had been pre-ordered as of February 13, almost a month after Solana announced the successor to its Solana Saga phone. In fact, one user purchased almost 25 products, bringing his total purchase amount to $11,252. Source: Flipside This data only applies…
The following is an excerpt from the latest edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be the first to get these insights and other on-chain Bitcoin market analysis delivered to your inbox, Subscribe now. New rules from the UK’s Financial Conduct Authority (FCA) have come into effect for UK companies dealing in Bitcoin and other cryptocurrencies, sparking immediate public opposition.These new rules, quietly imposed in mid-February, came as a surprise to many affected users. The FCA has already affected several payment processors, such as PayPal and Luno, suspending all their ability to allow users to purchase…
A security breach occurred at the popular NFT marketplace PlayDapp, resulting in the unauthorized issuance of $200 million PLA tokens worth $31 million. PlayDapp, a South Korean Web3 game development platform and NFT marketplace, recently suffered a serious security breach. The attack resulted in the unauthorized creation of 200 million PLA tokens worth approximately $31 million, resulting in significant financial losses and a sharp decline in the market value of the tokens. Hackers exploited vulnerabilities in the PlayDapp system to add new addresses as issuers to the platform, mint tokens, and then distribute them to various addresses.. In response to…
Ripple acquires Standard Custody & Trust Company, strengthening its presence in the institutional digital asset custody market and strengthening its regulatory portfolio and service offerings. Ripple’s recent acquisition of Standard Custody & Trust Company significantly expands its services in the area of digital asset management and custody. The move is a strategic component of Ripple’s broader vision to solidify its position in the fast-growing institutional cryptocurrency custody market, which is expected to reach as much as $10 trillion by 2030. By acquiring Standard Custody & Trust Company, Ripple will not only strengthen its regulatory framework but also leverage the acquired…
Bitcoin Dogs conducts the first ICO in Bitcoin, $618,000 Within 4 hours. Bitcoin Dogs introduces gaming, NFTs, and the BRC-20 token standard to the Bitcoin community. 0DOG tokens unlock interactive gaming experiences and a 10K NFT collection. Bitcoin Dogs wasted no time in making more headlines just hours after launching its BRC-20 ICO today. The pre-sale of the 0DOG token, the core of the project, attracted considerable interest, with participants eagerly taking their share of the token. The 0DOG pre-sale, which is scheduled to run for 30 days until March 15th, has seen a huge uptick. $618,475 Even in the…
Securities and Exchange Commission (SEC) Chairman Gary Gensler suggested Wednesday that the regulator’s decision to approve a spot Bitcoin ETF does not necessarily indicate how it will respond to Ethereum in the future. “What we did in January was grouped into one set of documents,” Gensler told CNBC. “We have other documents in front of us… but we’re not going to prejudge it for you or the audience. It’s discussed and reviewed by a committee of five,” Gensler told CNBC.large companies such as fidelity and black stone There have been applications for a spot Ethereum ETF over the past few…
As Bitcoin rose past $51,000, the Crypto Fear and Greed Index (CFGI) hit 74 out of 100, entering “greed” territory. Just one day ago, CFGI hit an impressive high of 79 points. Greed”, hitting its highest level since 2021. Cryptocurrency Fear and Greed Index Score (…)