[ad_1] Despite the fact that the Dubai Financial Services Authority (DFSA), based out of Dubai (UAE), launched its regulatory framework for investment tokens in 2021, the regulator notes that it didn’t witness substantial growth in the number of firms seeking to tokenize investments. It has now announced the launch of its tokenization regulatory sandbox. After ample market discussions, the DFSA recognized some inherent challenges slowing tokenization projects, such as interoperability issues, scalability issues, education, and regulatory clarity. To tackle these issues, the DFSA has introduced the tokenization regulatory sandbox (TRS), which has two stages: the innovation testing license (ITL) under…
Author: NBTC
[ad_1] Wazirx is gearing up for a high-stakes relaunch after a major security breach, partnering with Zodia Custody to reinforce asset security and rebuild user trust. Wazirx Is Gearing Up for High-Stakes Relaunch—Will New Security Hold Up? Indian crypto exchange Wazirx is preparing to restart operations after a major security breach that compromised its platform and led to substantial financial losses. Following the hack, the exchange implemented stricter compliance measures and overhauled its security infrastructure to prevent future incidents. On March 17, Wazirx announced that it had appointed Zodia Custody as its official custodian, a firm backed by financial institutions…
[ad_1] TaskOn, an ultimate Web3 community growth platform, has announced its latest partnership with ENI, the fastest L1 Blockchain featuring Zero-Knowledge Proof (zk) technology. This alliance is poised to enhance ENI’s community-building initiatives while broadening the reach of TaskOn’s ecosystem. TaskOn used its official X account to share this collaboration news. We’re thrilled to announce our partnership with @ENI__Official to supercharge their community-building initiatives!ENI is a high-performance enterprise-grade blockchain built around Zero-Knowledge Proof (ZK) technology. It enables up to 10,000 TPS with its innovative triple… pic.twitter.com/ahwWku6Bhp — TaskOn | Ultimate Web3 Community Growth Platform (@taskonxyz) March 19, 2025 Potential Benefits…
[ad_1] Wisconsin’s investment board saw fit to significantly add to its bitcoin (BTC) bet in the last three months of the year. The State of Wisconsin Investment Board (SWIB) disclosed ownership of just over 6 million shares of BlackRock’s iShares Bitcoin Trust (IBIT) as of the Dec. 31, per a 13F filing on Friday, up from roughly 2.9 million shares three months prior. The position was valued at $321 million as of year-end and would be worth about $588 million at bitcoin’s current price near $98,000. The fund in 2024 became the first of its kind to report a bitcoin…
[ad_1] Ethereum (ETH) is now trading below the crucial $2,000 mark, struggling to find momentum after days of selling pressure and consolidation around $1,900. The broader crypto market remains under heavy bearish control, and ETH has lost over 57% of its value, making it increasingly difficult for bulls to stage a recovery. With Ethereum now below a multi-year support level, this zone could flip into strong resistance, further complicating any potential rebound. The market is in a highly volatile phase, and traders are watching closely for signs of strength or further downside risks. On-chain data highlights two key price levels…
[ad_1] RWA altcoins like BST, $PROPS, $CPOOL, $PROPC, and $RIO are transforming asset ownership and liquidity. Institutional and retail adoption of tokenized assets is expected to drive significant growth in this sector. These projects leverage blockchain innovation to enhance transparency, efficiency, and accessibility in traditional asset markets. The real-world asset (RWA) altcoins represent a transformative power in the cryptocurrency sector by linking traditional finance with blockchain technology. Integer values of real-world elements represent tangible assets including real estate property and commodities and intellectual property through digital tokenization which leads to boosted market accessibility. Five real-world asset projects named BST, $PROPS,…
[ad_1] A circular with tax rules issued by Germany’s finance ministry draws investors’ attention to their obligations to record and report all cryptocurrency transactions. Violations of the guidelines can be treated as tax evasion, the German press reported, quoting experts providing clarity on the update. The letter, published by the Federal Ministry of Finance (BMF) earlier in March, revisits the taxation of crypto-related profits three years after the matter was initially addressed by the department. Experts quoted by the business news magazine, Wirtschaftswoche, noted that the document answers outstanding questions. Long-term Bitcoin investments yield tax benefits in Germany According to…
[ad_1] Decentralized perpetual exchange (DEX) Hyperliquid (HYPE) has reached a significant milestone, surpassing $1 trillion in total perpetual contract (perps) trading volume. This achievement comes despite a broader market downturn, where major sectors have posted losses. While there has been slight growth today, it remains minimal, highlighting the market’s challenges. Hyperliquid Dominates Perps Market According to data from DeFiLlama, Hyperliquid perps’ cumulative trading volume has surged to $1.1 trillion. This rise in activity highlights its growing appeal among traders. Furthermore, as reported by Dune Analytics, weekly volumes have ranged between $40 billion and $50 billion. In fact, the platform now…
[ad_1] The New Jersey Devils have launched “Bott Stevens,” a custom AI chatbot designed to enhance digital fan engagement. Named after Devils legend Scott Stevens, the chatbot is powered by Theta EdgeCloud’s (THETA) decentralized AI infrastructure and will be available on the team’s official website during the 2024-25 NHL season. The AI agent will provide fans with real-time information on game schedules, tickets, stats, and merchandise. Utilizing Theta’s Retrieval Augmented Generation technology, Bott Stevens will pull data from official NHL sources, ensuring accuracy while avoiding misinformation from unverified sources. You might also like: Crypto exchange Deribit warns against job scams…
[ad_1] Strong fourth quarter results from Coinbase helped buoy bitcoin amid worries about inflation from disappointing CPI data earlier in the week. BTC Shows Slight Uptick Despite Worries of Inflation and a Slump in Trading Volume Bitcoin (BTC) is trading at $96,767.00 on Valentine’s Day, marking a 0.97% increase over the past 24 hours. Despite this slight uptick, BTC remains down 2.88% on the weekly chart, reflecting ongoing market caution. The flagship cryptocurrency has fluctuated within a 24-hour range of $95,269.71 to $97,221.95, as traders react to macroeconomic developments and corporate earnings reports. (BTC price / Tradingview) Coinbase Earnings Offset…