Moody’s, a global financial services company known for its credit ratings, said the growing adoption of blockchain-based tokenized funds is increasing the efficiency of investing in assets such as government bonds, suggesting “untapped market potential.”Tokenized funds may also pose technology-related risks, requiring fund managers to have more diverse technology expertise, Moody’s analysts said in a report today.The growth of bond token funds is primarily fueled by investments in government securities, with returns becoming more attractive following a series of recent interest rate hikes by the U.S. Federal Reserve, Moody’s said. The issuance of tokenized funds by traditional institutions and cryptocurrency…
Author: Crypto Flexs
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The 2024 meme coin season is underway with Pepe Coin, Dogecoin, and Shiba Inu on the rise. PEPE has emerged as the leader in the recent surge, boasting an impressive increase of over 20% since the start of the new year. Shiba Inu has surged its price by more than 15%, adding more than $400 million to its market capitalization. Dogecoin has also achieved an impressive 13% price increase so far. These recent meme coin pumps, combined with the announcement of a spot Bitcoin ETF on January 11, 2024, have filled the hearts of investors and holders with a lot…
The amount of investment products flowing into digital assets reached $1.18 billion. Despite the launch of Bitcoin ETFs, capital inflows of $1.18 billion failed to break the October 2021 record of $1.5 billion, according to a CoinShares report. At the same time, trading volume broke records, reaching an all-time high of $17.5 billion last week, compared to an average of $2 billion per week in 2022. These volumes accounted for nearly 90% of daily volume. Jan 12 Trustworthy Exchange. Experts added that geographically, the United States saw inflows worth $1.24 billion last week. Leaks have been recorded in countries including…
Market sentiment surrounding Chainlink remained weak despite the price rise. Several indicators for LINK were bullish, suggesting further price rises. Chainlink (LINK) Its value has risen sharply in the past 24 hours, making it one of the few cryptocurrencies in the top 20 list to record double-digit growth. So, does LINK have any chance of entering the top 10 market capitalization club? Chainlink bulls are getting serious. AMBCrypto was there before reported How the much-anticipated ETF approval turned out to be bearish for the king of cryptocurrencies; Bitcoin (BTC). However, Chainlink behaved differently as its price soared. According to CoinMarketCap,…
Diamonds have long been revered as one of the world’s most precious and sought-after gemstones. Known for their brilliance, rarity and durability, diamonds hold a special place in jewelry and investments. But what exactly makes diamonds so valuable? And what is the secret behind their charm? Let’s delve into the mystery behind this coveted gem. formation of diamonds Diamonds form deep in the Earth’s mantle under extreme heat and pressure. The diamond formation process begins with carbon atoms arranged in a crystal lattice structure. Over millions of years, these carbon atoms undergo tremendous pressure and temperature, resulting in the formation…
Ripple CEO Brad Garlinghouse will attend the World Economic Forum (WEF) in Davos this week from January 15 to 19, 2024. This year in particular marks a significant shift in Ripple’s participation in the WEF, shifting from peripheral events to direct participation in the forum’s central discussions. Garlinghouse will be a key participant in the “Clear-Eyed about Crypto” panel on 18 January from 17:30 to 18:15 CET. The WEF website outlines the panel’s agenda, which explores different global attitudes toward digital currencies, from their acceptance as a cornerstone of innovation and inclusive finance to outright bans. The panel collaborates with…
Planetary-scale image geolocalization, the process of identifying the geographic location of an image, represents a significant challenge in computer vision due to the enormous diversity and complexity of global images. Traditional methods that primarily focus on landmark images have had difficulty generalizing to unfamiliar locations. The game “Geoguessr,” which has 65 million players, highlights this challenge by challenging players to identify the location of street view images anywhere in the world. Research paper titled “PIGEON: PREDICTING IMAGE GEOLOCATIONS”We describe in detail how to solve this problem in ” Researchers at Standord University have developed two innovative models, PIGEON and PIGEOTTO,…
tl;dr Rayonism☀️, hacking Merge together This week protolambda and others announced their next plans. rayonismAn ambitious month-long hack to create a Merge devnet based on the current spec, with the stretch goal of adding sharding to these devnets along with L2 rollup integration. The key motivation is to unify development around a unified Merge specification, firmly embedding all client teams in the Merge design and process so that informed decisions about the Merge roadmap can be agreed upon in the coming months. And have a little fun 🙂 In addition to Rayonism, Merge Specification and design document We are making…
Celsius Network, a leading cryptocurrency lending platform, transferred $125 million worth of Ethereum (ETH) to various exchanges, sparking considerable curiosity and speculation in the cryptocurrency world. According to Arkham Intelligence, Celsius deposited approximately $95.5 million in ETH. coinbase An additional $29.73 million was then transferred to FalconX, leaving approximately 539,000 ETH tokens worth approximately $1.38 billion. This substantial transfer follows the declaration of bankruptcy by Celsius and highlights a shift in strategy to liquidate assets to meet liabilities arising from the bankruptcy proceedings. The company, once a dominant player in the cryptocurrency lending market, was plunged into financial turmoil, forcing…
join us telegram A channel to stay up to date on breaking news coverage Meme Kombat broke the meme coin mold with its unique combination of engaging gaming, passive income, and community-driven rewards, soaring toward $7 million in presales. Meme Kombat presales have continued to gain attention in recent months, with Memecoin investors actively seeking explosive growth. This increased interest is mainly due to creative GambleFi features and attractive APY staking. Meme Kombat secured $6.8 million in record-breaking Meme Coin presales. Meme Kombat exceeded its pre-sale goal by raising over $6.8 million. With strong community support, each MK token was…