In an era where decentralized finance (DeFi) promises revolutionary, permissionless, and credit-check-free access to financial services, the limitations to its application lie in the narrow range of digital assets it encompasses. But industry pioneers are working to widen its scope by introducing real-world assets (RWAs) to the digital realm. For instance, in collaboration with the Hong Kong Monetary Authority (HKMA), Ripple is embarking on a research project to try and tokenize real estate. This venture was made public about seven weeks ago as part of a broader initiative, the digital
As the grasp of regulators tightens on the global cryptocurrency market, exchanges such as KuCoin are being compelled to implement mandatory pre-purchase checks. In tandem, several prominent banks are limiting funds transferred to cryptocurrency exchanges under the guise of protecting customers from fraudulent activities. In the background, the Financial Action Task Force (FATF) is looming over these rapidly evolving regulations. The FATF underscores the significance of Know Your Customer (KYC), Know Your Business (KYB), Know Your Transaction (KYT), and Anti-Money Laundering (AML) regulations applicable to all financial transactions, cryptocurrencies included.
Even in the Age of Social Media, Press Releases are still an important tool for businesses of all sizes to grow their brand awareness, improve media relations, and to build consumer confidence, and should continued to be used to announce new products or services, promote events, or share other newsworthy information about the company. Key benefits of using press releases to grow your business: Increase brand awareness: Press releases help you reach outside your Social Media subscriber base to a wider audience and introduce your brand to new potential customers.
Amidst the market’s recovery from the recent onslaught of SEC crackdowns, rumors swirl over the potential targeting of stablecoins in their crosshairs. Such a move could have profound implications for cryptocurrency prices, making it crucial to gauge the likelihood of this scenario and the approach regulators might adopt. The largest stablecoins by market cap are Tether’s USDT and Circle’s USDC. Both are pegged to the US dollar and backed by various assets, typically highly liquid instruments like US Treasury bills. In theory, when someone wants to buy stablecoins from an
In a pivotal moment for crypto, recent news that BlackRock and others such as Fidelity have filed for spot Bitcoin ETFs propelled BTC to a yearly high of just under $31,700. What does the arrival of these significant players mean for the future of crypto? For years, the prospect of a Bitcoin ETF approval in the United States has been shrouded in uncertainty. However, the tides are turning this time, as the involvement of industry giants like BlackRock hints at a higher likelihood of approval. Deniz, our CEO, echoes this
For the first time in history, 33 Nobel Prize winners and the winner of the last Saint Francis Dassi Award, Alejandro G. Roamers, met to speak to humanity. On June 10, a world meeting was held in the Vatican, initiated by a fund called "Fratelli Totti". The event dealt with the human sister and sisters, its name was "Not Alone" and turned into a day of celebration and unity around the principles of the encyclopedic letter Pratli Totti: "Joining forces to build a more coordinated world". Fratelli Totti Foundation ,
Highlights The Green Block is a global Think Tank and Launchpad that aims to accelerate and promote the use of Web3 and AI technology for the improvement of the environment, social and governance related initiatives that improve the quality of life. It is initiated by Crypto Oasis Ventures in partnership with Roland Berger. The initiative will bring together projects and thought leaders that utilize technology for advancing sustainability related projects. BEEAH Group is the Think Tank’s first Patron with Khaled al Huraimel, Group CEO also joining The Green Block Advisory
Bitcoin, the best-known and first decentralized cryptocurrency, paved the way for a variety of other digital currencies based on blockchain technology. One such currency that is attracting more and more attention lately is Polygon. However, Bitcoin is still the largest and most important cryptocurrency for a reason. So, can Polygon take on the crypto giant? The most important facts about Bitcoin Bitcoin is a decentralized digital currency invented in 2009 by an unknown person named Satoshi Nakamoto. It enables peer-to-peer transactions without a central intermediary. Blockchain technology serves as a public ledger that tracks transactions. Bitcoin
[gallery columns="2" size="medium" ids="2139230,2139231"] Integrated solution to offset carbon footprint using tokenised carbon credits London, 19 June - ZERO13, a GMEX Group initiative providing a digital climate fintech aggregation ecosystem, and Zumo, the B2B digital assets infrastructure, announce a collaborative solution targeted at banks and their corporate and institutional clients who are looking to account for the carbon footprint of their digital assets and any aspect of their value chain. The integrated solution will seek to enable Zumo to leverage GMEX ZERO13’s hub connectivity to digital carbon registries, trade execution
June 13, 2023, New York City, NY. MC Identity Solutions Inc. (MC5) today announced the creation of the .bold blockchain top-level domain (bTLD) for use as LifeStyleMD’s rewards program account identifier. It marks the first time any powdered drink provider has used a decentralized ID (DID) for account naming in a rewards program and will form the basis of LifeStyleMD’s Web3 push for providing its users with a variety of decentralized applications and benefits. LifeStyleMD has been developing its line of electrolyte and vitamin-rich blends of powdered drink mixes to
Montenegro, June 10th, 2023. Redmatter.Capital a fully regulated platform digital assets today announced the successful deployment of PlatoAi’s Ai Powered Web3 Intelligence inside the Redmatter Platform. The result of this successful deployment stemmed from a strategic partnership between the two companies with a collective vision and deep commitment towards driving commercial adoption and regulatory compliance of Digital Assets. Through this deployment Redmatter’s community of users will immediately benefit by accessing the latest premium intelligence across the digital asset sector including Web3, NFT’s, Trading and Carbon Offsets. Both companies plan to
Highlights Coya reports new data illustrating that administration of COYA 301 (low dose Interleukin-2 (IL-2)) in an open- label study in 8 patients with mild to moderate AD (COYA 301 Trial) resulted in a statistically significant reduction in the expression of three well characterized proinflammatory cytokines -- Tumor Necrosis Factor alpha (TNF-α), Interleukin 6 (IL-6), and Interleukin 1- Beta (IL-1β) -- which correlated with lack of cognitive decline of the patients over the course of the study. TNF-α is one of the main inflammatory cytokines involved in initiating and propagating