UBS Asset Management has achieved a major milestone in the tokenization of real-world assets with the launch of its first live pilot of a tokenized Variable Capital Company (VCC) fund in Singapore. The fund is part of Project Guardian, an industry initiative led by the Monetary Authority of Singapore (MAS) to explore tokenizing various real-world […]
Friend.tech, a social application built on top of the Base Layer 2 network, has seen tremendous growth in revenue since its launch on August 10. In less than two months, the platform has reaped about $10,684 in ETH. According to Dune Analytics, the cumulative revenue has exceeded $18.4 million, with sniper bots in the Friend.tech […]
UBS Asset Management has launched a live pilot of a tokenized version of its Variable Capital Company (VCC) fund as part of Project Guardian, an initiative led by Singapore’s central bank. This new release upgrades the RWA-focused blockchain consensus to nominated proof-of-stake (NPoS) and aims to improve on-chain liquidity for both borrowers and fintech lenders.Proof-of-work […]
The LFi One smartphone, produced by LYOTECH LABS and powered by LFi, is a revolutionary device that offers users a gateway to financial freedom. It features cutting-edge hardware and powerful software, as well as state-of-the-art encryption and protocols to protect personal information and LFi tokens. The device underwent rigorous testing to ensure peak performance, durability, […]
Anarchy (ANA) is a new meme token that is offering investors the potential for 25x returns on their deposits. The token is currently in its fourth stage of presale and is selling fast. Investors from DeFi and Metaverse gaming platforms are flocking to the token, and even the mighty Axie Infinity (AXS) is being liquidated […]
Space and Time, a pioneering AI-driven decentralized data warehouse, has announced its integration with Chainlink, a leading Web3 service provider. This partnership will allow Chainlink to use Space and Time’s innovative “Proof of SQL” verifier on its nodes, ensuring trustworthiness in blockchain functions. The Proof of SQL is designed to facilitate verifiable and zk-proven results, […]
Friend.tech, a decentralized social media platform based on Coinbase’s layer-2 protocol Base, has seen a surge in revenue and total value locked on its platform. According to data from Dune Analytics, Friend.tech revenue has reached 10,663 ETH and its TVL has grown to over 30,000 ETH. The platform, which launched in August 2023, enables users […]
The banking industry is increasingly adopting blockchain technology to tokenize real-world assets. Financial giants like JPMorgan and Citi are exploring the benefits of both public and private blockchains, merging innovation with security. Franklin Templeton is utilizing public blockchains for their potential cost-saving efficiencies, while Citi is focusing on the integration of digital offerings. However, the […]
Cardano is making significant strides in its blockchain ecosystem, as outlined in the weekly development report. The Lace Wallet has been upgraded to enable users to customize their delegation ratio among different stake pools, as well as to integrate portfolio persistence and rectify UI glitches. Additionally, the DApp connector has been enriched to facilitate governance […]
Chainlink, a decentralized oracle service, has partnered with Australia and New Zealand Banking Group (ANZ) to conduct a case study involving its new Cross-Chain Interoperability Protocol (CCIP) technology. The study demonstrated that ANZ-issued stablecoins could be transferred cross-chain via CCIP to purchase nature-based assets. In a paper released by Chainlink Labs in collaboration with ANZ, […]
