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OpenEden launches tokenized T-Bills on XRP Ledger

Ripple invests $10 million in OpenEden’s tokenized T-bills initiative, marking a significant TradFi advancement on the XRPL. Source: https://cointelegraph.com/news/openeden-tokenized-tbills-xrp-ledger-ripple-investment?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

California DMV Revolutionizes Vehicle Title Transfers With Avalanche Blockchain Integration
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California DMV Revolutionizes Vehicle Title Transfers With Avalanche Blockchain Integration

The California Department of Motor Vehicles (DMV) has successfully integrated 42 million car titles onto the Avalanche blockchain network, which uses the cryptocurrency AVAX as its native token. This innovative system, developed by Oxhead Alpha, enables users to transfer vehicle titles within minutes, significantly reducing the traditional two-week processing time. This initiative is part of […] Source: https://news.bitcoin.com/california-dmv-revolutionizes-vehicle-title-transfers-with-avalanche-blockchain-integration/

Bitcoin Core Discloses Two Security Vulnerabilities
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Bitcoin Core Discloses Two Security Vulnerabilities

The Bitcoin Core project has disclosed two security vulnerabilities that could have affected the stability of the Bitcoin network. The first one, classified as having a high severity level, could have caused an assertion crash of the network via a message spam attack. The second one, with a low severity level, was linked to Miniupnp, […] Source: https://news.bitcoin.com/bitcoin-core-discloses-two-security-vulnerabilities/

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July crypto hacks total $266M, WazirX leads losses

July witnessed $266 million in cryptocurrency losses from 16 attacks, with WazirX being the largest victim of North Korean hackers. Source: https://cointelegraph.com/news/july-2024-crypto-hacks-analysis?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Report Reveals China Continues to Secretly Grow Its Gold Stash, Misleading Market to Cause Price Cool-Off
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Report Reveals China Continues to Secretly Grow Its Gold Stash, Misleading Market to Cause Price Cool-Off

Jan Nieuwenhuijs, a gold analyst specializing in Chinese markets, alleges that China has continued to secretly buy gold without reporting it to the market, benefiting from a price cool-off. Nieuwenhuijs states that the strategy of the PBOC is to purchase gold through UK bullion banks, which goes unreported by using non-traditional bank conduits. Report Alleges […] Source: https://news.bitcoin.com/report-reveals-china-continues-to-secretly-grow-its-gold-stash-misleading-market-to-cause-price-cool-off/

UK Central Bank, BIS Showcase Project for Monitoring Stablecoin
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UK Central Bank, BIS Showcase Project for Monitoring Stablecoin

A joint effort by the Bank for International Settlements and the Bank of England has shown it can deliver near real-time data on stablecoins’ liabilities and the assets backing them. Dubbed Pyxtrial, the initiative could also extend to monitoring other tokenized products backed by real-world assets in an attempt to address major challenges for financial watchdogs, a report published on…

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