Investment managers in the United Kingdom are receiving regulatory support to leverage blockchain technology for the tokenization of funds, breaking away from conventional record-keeping systems. In a recent report published by the Investment Association (IA), it outlined the rapid movement in the digitalization of financial services. It further argued that tokenization – issuing tokenized units or shares on distributed ledger technology…
Interest in upcoming Ethereum layer-2 network Blast is bringing lots of cash with it. According to DeFi Llama, total value locked (TVL) in the project now stands at over $405 million just days after the project was announced—and it’s growing fast. Blast is a new Ethereum scaling network announced on Tuesday. In the crowded market of layer-2 networks (like Arbitrum…
Shares of Bitcoin-bull enterprise business firm MicroStrategy (NASDAQ:MSTR) closed comfortably above $500 on Black Friday, a high-water mark it hasn’t seen since December 2021, amassing a market cap of $7.33 billion, according to the New York-based tech-heavy exchange. MicroStrategy’s long strategy on holding the top cryptocurrency has proven to be a winning one. Although it started the year with a…
As world leaders band together to shape shared policies around the development of artificial intelligence, policymakers are looking to leverage the technology on the battlefields of the future—including Russian President Vladimir Putin. The West should not be allowed to monopolize AI, Putin said during a recent conference on AI, signaling that he would advance an ambitious Russian AI strategy, according…
“Bull Run” explores one director’s obsession with trading cryptocurrencies during the bull market and how it led her to create a tokenized crypto documentary. Source: https://cointelegraph.com/app/public/index.php/news/crypto-documentary-bull-run-bitcoin-tokenization-trading-addiction
Web3 protocol Blast network has gained over $400 million in total value locked (TVL) in the four days since it was launched, according to data from blockchain analytics platform DeBank. But in a Nov. 23 social media thread, Polygon Labs developer relations engineer Jarrod Watts claimed that the new network poses significant security risks due to centralization. The Blast team…
This week’s rollercoaster reveals one thing about the crypto industry: it is undergoing a period of change. Source: https://cointelegraph.com/app/public/index.php/news/crypto-biz-binance-cz-falls-grayscale-black-rock-meet-sec
European Central Bank President and noted crypto critic Christine Lagarde is doing her best to keep the Eurozone insulated from the volatility of crypto assets. But on Friday, Lagarde admitted that she couldn’t accomplish the same for her own family. Lagarde’s 30-something year old son bought crypto against her wishes, and “lost it all,” the French politician admitted during a…
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The attacker who stole $46 million from the KyberSwap protocol has used a complex strategy described by a DeFi expert as an “infinite money glitch.” With the exploit, the attackers tricked the…
The film industry has been suggested by many as one of the next frontiers of Web3 and blockchain technology. With movies historically funded by wealthy investors or centralized production companies, blockchain offers a unique set of tools to decentralize the investment process. Filmmakers can launch projects quicker, and individuals can have a stake in the financial outcome of a film…
