Two cryptocurrency platforms associated with digital entrepreneur Justin Sun have reportedly fallen victim to a major hacking incident, resulting in the theft of an estimated $115 million. The affected entities include the HTX digital currency exchange, formerly known as Huobi, and the blockchain bridge Heco Chain. Details of the Security Breach HTX has confirmed that...
Polytrade, known for its role in the real-world asset (RWA) protocol space, is advancing its platform capabilities to address the complexities of real-world assets. The company is launching an RWA Marketplace, designed to streamline the aggregation, tokenization, and liquidity processes for RWAs. Creation of a Comprehensive RWA Marketplace The proposed RWA Marketplace by Polytrade aims...
Learn more: Coindesk
Yuga Labs, the company responsible for the creation of the Bored Ape Yacht Club (BAYC) non-fungible tokens (NFT), has teamed up with Magic Eden, an NFT marketplace based on Solana, to launch a new Ethereum-based marketplace before the year ends. Learn more: Yahoo.com
Nocturne, a protocol for on-chain private accounts, has raised $6 million in a seed funding round. Learn more: Yahoo News
The Open Network Foundation (TON Foundation) has partnered with Blockchain.com to make cryptocurrency more accessible to Telegram’s over 800 million monthly active users. TON Space, the TON-based self-custody cryptocurrency wallet, will be available in the Telegram menu for all users outside the United States starting in November 2023. Users will be able to buy, sell,...
● JPMorgan Chase & Co. has successfully launched its first-ever collateral settlement on Tokenized Collateral Network (TCN). ● The milestone achievement involved BlackRock-Barclays as the first users of the blockchain-based collateral settlement. ● BlackRock utilized the system to tokenize shares in one of its money market funds, which were then transferred to Barclays to support...
DeCryptoFi has announced two new initiatives to help crypto platforms comply with developing regulations. Learn more: Thestreet.com
The tokenized Treasuries market has grown sixfold this year to $668 million, according to one data provider. The offering is accessible to individual accredited investors, regulated institutions, companies, funds and decentralized autonomous organizations, according to the firm’s press release. Third-party distributors can also integrate OpenTrade’s pool and power their own white-labeled yield offering. OpenTrade’s initial...
Crypto exchange WOO X has joined forces with OpenTrade to reshape the landscape of tokenized assets in Asia. However, this partnership is designed to offer tokenized U.S. Treasury bill products to Asian markets. A partnership geared towards yield and expansionWOO X, a Seychelles-registered crypto exchange, has clarified that Asia remains its priority for expansion. Moreover,...
