It’s a big day for asset tokenization as many of the biggest names in the field announced the formation of association to further its development.
Nigeria central bank missed opportunity for blockchain regulation in 2021 — Convexity CEO
Adedeji Owonibi stated that the Central Bank of Nigeria should have created a blockchain regulation strategy in 2021 instead of cutting ties between cryptocurrency exchange firms and local banks.
Regulated Liability Network identifies proof-of-concept case with digital pound
The RLN, which places tokenized assets and liabilities on the same ledger, was tested with simulated cross-border CBDC transactions in a previous project.
Cathie Wood bullish on Bitcoin and AI convergence
The ARK Invest CEO shares her views on the intersection of Bitcoin and artificial intelligence, highlighting its economic implications.
Whale Alert sparks speculation as XRP transfers surge
This substantial move has sparked speculation about its potential impact and its proximity to the $1 price point.
Arkham IDs Robinhood as 5th-largest ETH holder
Arkham Intelligence said the wallet contains approximately $2.54 billion worth of ETH under custody for user balances.
Nigeria’s Patricia crypto exchange seeks to explain its token amid confusion
Patricia clarified that it will operate similarly to an IOU (I owe you) document, serving as a means for the exchange to acknowledge its debt to its users.
DYdX to unlock 6.52M tokens worth $14M for community treasury, rewards
Out of the lot, 2.49 million DYDX tokens — worth $5.36 million — will be allocated to the community treasury, which funds contributor grants, community initiatives and liquidity mining, among other programs.
Pepecoin: Insider trading claims surface amid token theft
On-chain analyst Yazan reports insider selling of PEPE holdings, with around 400 billion PEPE sold, aligning with Pauly’s team exposure.
SEC vs. Ripple: Pro-XRP lawyer urges Clayton, Hinman testimony
John Deaton points out that testimony from former SEC officials Bill Hinman and Jay Clayton during the SEC vs. Ripple Labs case would have categorized XRP as a non-security early on.
Multichain $1.5B hack investigation, Shibarium eyes relaunch, Base, Optimism join hands: Finance Redefined
Top-100 DeFi tokens had another mixed week, with most of the tokens trading in a similar range as last week with minor price fluctuation.
Hong Kong regulator eyes tokenization for bond market improvement: Report
The monetary authority in Hong Kong released a report on its study Project Evergreen which looked at the highs and lows of recent bond tokenization activity.
XRP whale moves 29 million tokens to Bitstamp amid price slide
Additional information suggests the possibility that this whale might be selling its XRP assets, as it had previously moved 14 million XRP to Bitso just a few hours earlier.
Binance’s zero-fee Bitcoin update could echo March downturn
In an official statement, cryptocurrency exchange Binance unveiled its plans to implement updates to the zero-fee Bitcoin trading starting from September 7.
Shiba Inu hints at making Shibarium public soon
The Shibarium community known as Shib Army has taken to X (formerly known as Twitter) to respond enthusiastically to the development.
Nigerian crypto exchange’s token launch draws scrutiny
This development follows the company’s previous disclosure of a security breach resulting in fund losses in May 2023.
Central African Republic expands Sango project to land, resource tokenization
Asset tokenization has been in the works for a year. The ambitious project has also included investor citizenship and an island in the metaverse.
Ripple CTO clarifies on SEC appeal, highlights case complexity
According to David Schwartz, the SEC is seeking an appeal at this specific point based on its interpretation that the legal case has not yet concluded.
Securitize acquires $40b crypto fund manager Onramp
Digital securities firm Securitize will provide new alternative assets to major cryptocurrency firms like WisdomTree and Valkyrie Invest.
Shiba Inu’s Shibarium Network resumes block production after brief pause
The Shiba Inu project has opted to secure insurance coverage amounting to $2 million to address potential fund retrieval challenges upon the restart of Shibarium.