INX, a securities token platform, has partnered with wallet infrastructure provider BitGo to launch a new wallet that comes equipped with compliance features for institutional investors. The wallet uses multi-party computation (MPC) technology to ensure cybersecurity and custody standards for holding INX securities tokens. The ERC-1404 Token Standard INX securities tokens are based on the
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VeChain, the leading blockchain platform, has teamed up with the renowned tennis tournament Internazionali BNL d’Italia to create the world’s first ‘phygital’ trophy. The tournament, which will feature some of the world’s top-ranked players from May 8th to May 21st, will see the winners receive physical trophies empowered with VeChain technology through embedded NFC chips.
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The world of NFT investment can be overwhelming for beginners, but Launchpad XYZ ($LPX) offers a comprehensive solution to help investors make informed decisions. The platform utilizes advanced technologies such as artificial intelligence to provide unparalleled insights into potential investment opportunities. With the help of AI, discovering the next big thing such as Bored Ape
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The NFT market faces significant challenges, including limited access to liquidity and the risks associated with specific loan expiration dates. To address these issues, Blur has introduced Blend, a borrowing and lending protocol explicitly designed for the NFT market. Blend’s unique approach eliminates the need for expiration dates on loans. Instead, loans come with predefined
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New Brunswick’s main power company has started rejecting energy applications from crypto miners and other high-volume users. According to CBC’s report on May 1, the cabinet order that approved the moratorium contained concerns from the province’s main power company. Energy Concerns of N.B. Power N.B. Power voiced its concerns about the “additional load demand” and
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On May 3, Europol announced the successful conclusion of Operation SpecTor, a multi-jurisdictional effort to bring down Monopoly Market, a dark web platform that emerged after previous ones were taken down. This operation involved cooperation between authorities in the United States, Austria, France, Germany, the Netherlands, Poland, Brazil, Switzerland, and the United Kingdom. The shutdown
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Flare, an EVM-based layer 1 Ethereum Virtual Machine (EVM) blockchain platform, has recently integrated its application programming interface (API) portal on Google Cloud Marketplace. This integration will enable developers and users of software products and services to access high-integrity blockchain data from Flare nodes and connected chain nodes. Benefits of Blockchain APIs Blockchain APIs offer
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PEPE, a new meme-coin, has entered a sharp correction phase after surging by more than 2,000% since its debut a few weeks ago. The PEPE price dropped to $0.00000089 on May 3, down about 35% from its record high of $0.00000138 established two days ago. As a result of the correction, its market capitalization slipped
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The Central Bank of Russia (CBR) predicts that Russian banks will earn 1.9 trillion rubles (nearly $24 billion) by the end of 2023, according to Deputy Governor Olga Polyakova. This is comparable to the profit earned in 2021, marking a positive trend for the industry. The CBR’s baseline projections earlier this year estimated net profits
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Planet IX is a revolutionary online NFT-strategy game that has taken the Web3 gaming industry by storm. It offers an unparalleled gaming experience that transports players to another realm through its unique digital rendition of Earth as the playing field. The game is a dynamic and ever-evolving one, continuously adding new features and mechanics that
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