Crypto startup launches tokenized US Treasury bonds on Bitcoin layer-2s
The new tokenized assets offer the stability of the Bitcoin network with admirable yield.
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Sharding, Explained
1. What is sharding? Sharding is a form of database partitioning, also known as horizontal partitioning. The process involves breaking up a very large database into smaller, more manageable segments, with the idea of improving performance and reducing the query response time. Sharding is not a new concept and has been around in traditional, centralized…
Sorare scores $680M funding led by SoftBank to grow its NFT sport portfolio
Sorare attained a $4.3-billion valuation with a Series B funding round led by the Tokyo-based holding company. 1639 Total views 43 Total shares Sorare, a marketplace for nonfungible token (NFT) trading cards, has raised $680 million in a Series B funding round led by Japanese fintech giant SoftBank, resulting in a revised valuation of $4.3…
Global securities body IOSCO unveils crypto regulatory framework proposals
According to the report, these expectations can be addressed by applying existing rules or creating new ones, depending on the jurisdiction. IOSCO, the international regulatory body overseeing securities markets, has released its conclusive report containing policy suggestions for crypto and digital asset (CDA) markets.The suggestions within this report play a crucial role in formulating a
Smart Contract Firm Quantstamp Reveals Investment From Financial Giant Nomura
United States smart contract security company Quantstamp has announced its expansion to Japan following an investment from local financial giant Nomura Holdings. The news was revealed in a press release from Quantstamp published on March 6.According to the announcement, the U.S. firm has received a “significant investment” from Nomura, which provides investment, financing and related…
Circle launches USDC stablecoin on Mercado Pago in Chile
The partnership will purportedly bring USDC to 2 million users in Chile. 122 Total views 8 Total shares Fintech company Circle announced a partnership with Mercado Libre on Aug. 29 to bring the USD Coin stablecoin to Mercado Pago.1/ The largest fintech in LATAM, @mercadopago, part of Mercado Libre, the Amazon of LATAM with 200M…
Galaxy Digital CEO recommends investing up to 3% of one’s net worth into Bitcoin
“Look at it in five years, and it’s going to be a whole lot more," opined Novogratz. 2272 Total views 18 Total shares With the price of Bitcoin continuing to test support around $19,000, Galaxy Digital founder and CEO Mike Novogratz recommends HODLing until 2025.In a Yahoo Finance Live interview published on Wednesday, Novogratz said…
Grab, Uber’s Southeast Asian rival, debuts Web3 services with Circle
Grab, Southeast Asia’s Uber-like super app, is working with the USDC issuer Circle to enable Web3 services for its 187 million users. 220 Total views 4 Total shares Grab, Southeast Asia’s super app and the biggest technology startup in the region, is piloting Web3 services in Singapore in collaboration with the USD Coin (USDC) issuer
US Trading Platform LedgerX Introduces Binary Wager on Bitcoin Halving
United States-regulated trading and clearing platform LedgerX has released a new type of derivative contract unique to Bitcoin (BTC), according to a blog post published on Feb. 5.The new product called LedgerX Halving Contract (LXHC) represents a binary option — an option where the payoff is either a fixed monetary amount or nothing — that…