A UK investment fund has received approval for tokenization as the UK government is keen to leverage blockchain technology in the asset management industry, according to The Investment Association.Fund tokenization has the potential to improve the efficiency, transparency and international competitiveness of the investment management sector, the investment association said in a statement.Working with the UK Treasury, the Financial Conduct Authority (FCA) and investment managers such as BlackRock, the initial steps were announced today as part of the Technical Working Group of the Government Asset Management Taskforce Roadmap. The report “UK Fund Tokenization – A Blueprint for Implementation” outlines a…
Author: Crypto Flexs
Read More
Bitcoin (BTC), InQubeta (QUBE), and Injective (INJ) are some of the best cryptocurrencies you can invest in right now. The king of cryptocurrencies, BTC, is officially back, with its price surpassing $37,000 for the first time in nearly two years. The price has risen 31% in the past month and is likely to reach $50,000 before the end of 2023. Top DeFi projects InQubeta and Injective enjoyed price surges of 130% and 113%, respectively. InQubeta provides access to artificial intelligence (AI) investing using decentralized finance, while Injective offers a wide range of decentralized finance tools, from spot exchanges to lending…
In the evolving digital environment, the complexity of business interactions and transactions within and across enterprise ecosystems continues to increase. Traditional ERP systems are adept at vertically integrating data and automating business processes within a single entity, but challenges arise when applying these streamlined workflows to external partnerships and multi-party collaboration. These challenges are not limited to ERP systems. Traditional strategies for horizontally integrating digital business processes across multiple organizations suffer from issues such as manual data reconciliation, costly integration, high latency, and scalability constraints. that much reference protocol Delivering new solutions to the age-old challenges of data consistency and…
Black Friday and Cyber Monday There’s never been a better time to shop for your favorite digital tools you’ve been waiting for. The biggest questions are: What are the best Black Friday deals in the Bitcoin and Crypto world? What deals can’t you miss in the CyberMonday Fire sale? This resource is a collection of unmissable Black Friday and Cyber Monday deals related to Bitcoin and cryptocurrency services. As new deals and discounts are released, we’ll keep you updated with fantastic offers that will help you save a ton of money in the long run. 🔥 Best Cryptocurrency BlackFriday and…
Vault12 Guard lets you protect your digital valuables by choosing a trusted guardian. After you create a Vault, you can assign a guardian who can help you recover the Vault in case of an accident, such as losing your phone.This guide walks you through the steps to help you assign a Guardian simply and efficiently. How do I start adding Vault12 Guardians? Now that you have set up your Vault12 Guard Digital Vault, first navigate to the Vault’s home screen by pressing “Add guardianIn “Button.””My Guardians” From the screen, you can easily manage existing guardians or add more guardians to…
Cryptocurrency exchange HTX (formerly Huobi Global) for loss compensationCryptocurrency exchange HTX, formerly known as Huobi Global, will resume deposits and withdrawals within 24 hours following a $13.6 million exploit on November 22. The exchange guarantees users full compensation for losses and 100% safety of funds. This incident is part of an $86.6 million attack on the HTX Eco (HECO) chain bridge involving HTX, Tron (TRX), and BitTorrent (BTT). Huobi HTX’s prompt response and compensation promiseHuobi HTX responded quickly to the attack, ensuring that the loss was only a small portion of the platform’s total funds. The exchange promises to fully…
“`html I love flying and tinkering with cryptocurrencies in my free time. The cryptocurrency market is very good and full of some outright scams. Mimas Finance, which entered the decentralized finance space, was one project I strongly believed in, despite a CertiK audit that highlighted several issues. In the ever-changing world of cryptocurrency and decentralized finance (DeFi), projects like Mimas Finance have garnered attention for their potential to reshape the financial landscape. However, a closer look at the CERTIK audit results reveals the importance of due diligence when investing in cryptocurrencies and raises serious questions about the true nature of…
Market Outlook #245 (13th November 2023) Hello, and welcome to the 245th instalment of my Market Outlook. In this week’s post, I will be covering Bitcoin, Ethereum, Chainlink, Polkadot, ImmutableX, Perpetual Protocol, DIA, Saito and Cellframe. As ever, if you have any requests for next week, let me know. Bitcoin: Weekly: Daily: Price: $36,982 Market Cap: $721.671bn Thoughts: If we begin by looking at BTC/USD on the weekly chart, we can see that price rallied again last week off the weekly open, on higher volume than the previous week, pushing through the 38.2% fib retracement of the bear market at $36k…
Today the SEC filed a complaint alleging that Kraken is operating as an unregistered stock exchange, broker, and clearinghouse. We disagree and plan to vigorously defend our position in court. Today’s news has no impact on the products we offer and we will continue to serve our customers without interruption. We are committed to our U.S. and global customers and partners. The complaint against Kraken alleges no fraud, no market manipulation, no loss of customers due to hacking or security breaches, and no breach of fiduciary duty. Although this includes large sums of money, it does not claim that a…
This remains one of the hottest topics in 2024, as expectations grow that a spot Bitcoin exchange-traded fund (ETF) will be approved in the United States. From Episode 38 of Cointelegraph HashingElisha Owusu Akyaw talks to Joel Kuck, CEO of Decentralized ETF (D-ETF), about how ETFs work, the potential impact of a spot Bitcoin (BTC) ETF on the cryptocurrency industry, and the idea of a decentralized ETF.Amid optimism that US regulators will approve a multi-spot BTC ETF, some projects are looking to ride the wave of hype for the investment product and bring other ETFs to the blockchain. Kuck explains…