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Telegram's crypto wallet, built on the TON blockchain, has launched features for multi-asset trading and yield-earning options, attracting over 100 million users since its 2023 debut. The wallet supports toncoin, bitcoin, and USDT, enabling seamless trading without on-chain deposits. Upcoming enhancements include toncoin staking and a redesigned interface, with a rollout planned for March and April, although some features may face regulatory challenges in certain regions.
Tokenisation is revolutionizing finance by converting real-world assets into digital tokens on blockchain platforms, enhancing liquidity and accessibility. Notable examples include BlackRock’s USD Institutional Digital Liquidity Fund, which raised $245 million in its first week on Ethereum, and Dubai’s DAMAC Group, which is partnering with MANTRA to tokenise assets worth over $1 billion, aiming to streamline transactions and broaden investor access.
Ripple has secured a license from the Dubai Financial Services Authority (DFSA) to offer regulated cryptocurrency payment services in the Dubai International Financial Centre (DIFC), becoming the first blockchain-enabled payments provider licensed by the DFSA. This approval allows Ripple to expand its blockchain-based payment solutions to businesses across the UAE, enhancing its regional presence since establishing its Middle East headquarters in 2020. Additionally, Ripple launched its USD-denominated stablecoin, RLUSD, in December 2024, further solidifying its commitment to regulatory compliance and innovation in the digital asset space.
Banks serving as validators pose a risk of centralization, according to an executive from Everstake. This concern highlights the potential implications for the decentralized nature of blockchain technology, emphasizing the need for diverse validation mechanisms to maintain integrity and trust.
Banks serving as validators pose a risk of centralization, according to an executive from Everstake. This concern highlights the potential implications for the decentralized nature of blockchain technology, emphasizing the need for diverse validation mechanisms to maintain integrity and trust.
Solana's upcoming protocol upgrades, set for a vote by validators in March, aim to enhance the network's long-term viability. However, these changes could significantly reduce validator earnings, leading to considerable controversy surrounding the proposed adjustments to staker rewards and the inflation rate of the SOL token.
The Bybit hacker has successfully laundered all $1.4 billion in stolen cryptocurrency within just ten days, marking the largest hack in crypto history. The exploit involved over 500,000 stolen Ether (ETH), valued at approximately $1.04 billion, primarily moved through the decentralized crosschain protocol THORChain. Despite the laundering, some of the stolen assets may still be recoverable by blockchain security experts.
Bitcoin mining firm TeraWulf reported a remarkable 102% increase in annual revenue for 2024, reaching $140.1 million, driven by higher bitcoin production and improved prices. The company's non-GAAP adjusted EBITDA nearly doubled to $60.4 million, and it eliminated $139.4 million in legacy term loan debt. Following the earnings report, TeraWulf's stock surged 14%, elevating its market valuation to $1.57 billion.
UBS advocates for a blockchain-driven transformation of capital markets to address inefficiencies in trade execution and settlement. By proposing a hybrid model that combines traditional finance with decentralized finance, UBS aims to enhance transaction speed, reduce costs, and improve transparency through the use of Distributed Ledger Technology and Artificial Intelligence. The bank emphasizes the importance of a phased implementation to ensure market stability while leveraging digital capital markets for near-instantaneous settlements and automated processes.
UBS's latest whitepaper highlights the inefficiencies in capital markets due to delays in trade execution and settlement, advocating for the adoption of Distributed Ledger Technology (DLT) to enhance liquidity and reduce costs. The proposed hybrid model combines traditional finance with decentralized finance, aiming for near-instantaneous 'atomic' settlements through tokenization and smart contracts. UBS emphasizes a phased implementation to ensure market stability while leveraging DLT and AI for improved transparency and risk management.
Blockchain Infrastructure Development
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
telegram wallet enhances features with trading and yield options
03:30 14.03.2025
tokenisation revolutionises finance and real estate through digital asset transformation
09:42 13.03.2025
Ripple gains DFSA license to provide crypto payment services in Dubai
07:46 13.03.2025
banks as validators may lead to centralization risks warns everstake executive
23:09 12.03.2025
banks as validators may lead to centralization risks according to everstake executive
23:09 12.03.2025
solana upgrades may enhance network health but reduce validator earnings
23:47 04.03.2025
bybit hacker launders entire 1.4 billion dollars in record time
14:43 04.03.2025
TeraWulf reports 102 percent revenue growth and stock rises 14 percent
05:20 02.03.2025
ubs promotes blockchain solutions to enhance capital market efficiency and speed
12:39 28.02.2025
ubs advocates blockchain to transform capital markets and enhance efficiency
06:00 28.02.2025
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