Asset

On September 8, 2024, Rexas Finance (RXS) will begin the highly anticipated presale of its utility token, launching a revolutionary platform that aims to solve the pressing challenges surrounding the tokenization of real-world assets (RWA). As the global economy becomes more intertwined with blockchain technology, Rexas Finance steps forward to simplify and democratize access to these valuable markets. From real estate to commodities, the possibilities are endless, and Rexas Finance is at the forefront of this innovation. The Challenges of…

The post Ripple’s Chief Legal Officer Slams SEC’s Use Of ‘Crypto Asset Securities’: ‘Stop Trying to Deceive Judges’ appeared first on Coinpedia Fintech News Ripple’s Chief Legal Officer, Stuart Alderoty took to social media on September 2 and expressed concerns about the SEC’s negligence. Taking to his X handle, he wrote, “The term ‘crypto asset security’ is nowhere to be found in any statute—it’s a fabricated term with no legal basis. The SEC needs to stop trying to deceive judges…

The post Harris To Support Digital Asset Policies To Ensure Crypto Industry Growth, Says Campaign Advisor appeared first on Coinpedia Fintech News According to a latest Bloomberg report, a policy adviser to Kamala Harris’s campaign has revealed that the Vice President will support measures to help grow digital assets. Harris To Support Digital Asset Policies  When asked about their efforts to engage the crypto community, Brian Nelson, the senior campaign advisor for policy to the campaign said, “She’s going to…

Singapore, Singapore, August 21st, 2024, Chainwire The landmark milestone marks the start of a new era for Bitcoin’s utility Following the launch of FBTC, an omnichain Bitcoin asset maintaining a 1:1 peg to BTC, Ignition today announced that FBTC has crossed $100M in Total Value Locked (TVL) according to Dune. Also announced is the “Sparkle” campaign, where early FBTC holders will receive points-inspired “Sparks” for future rewards. FBTC is supported by core contributors Mantle, a burgeoning DAO-led blockchain ecosystem built…

The post BlackRock Takes Over Grayscale As The Largest Digital Asset Fund Manager With $22B Holdings appeared first on Coinpedia Fintech News BlackRock has taken over Grayscale as the largest digital asset fund manager in AUM. As highlighted by James Butterfill, BlackRock now holds over $22 billion in crypto, while Grayscale nears $21 billion. Butterfill points to $2.3 billion in outflows from ETHE as a key factor in this transition. Meanwhile, BlackRock has seen significant inflows, with $966 million netted…

hongkong, china, August 15th, 2024, Chainwire In a groundbreaking move to address the challenges of equitable asset distribution and decentralization in the cryptocurrency space, Cellula has unveiled its innovative programmable incentive layer built on the Ethereum Virtual Machine (EVM) ecosystem. At the core of Cellula's innovation is its virtual Proof-of-Work (vPOW) consensus mechanism, which combines principles from Conway's Game of Life, Variable Rate GDAs Algorithm, and Game Theory to revolutionize the way digital assets are distributed and liquidity is allocated.…

The conventional trading ecosystem has long been plagued by fundamental problems: most traders lose money trying to predict markets, trading creates adversarial relationships between investors, and high fees and counterparty risks are rampant. However, a revolution in the trading industry is on the horizon. Imagine a scenario where you don't need to foresee market moves to benefit. This is precisely what Untrading provides. Untrading Technologies Pte Ltd, a Singapore-based fintech firm, is driving this change with its decentralized asset management…

The post Peter Schiff Slams Bitcoin: Price Crash Proves It Can’t Be a Reserve Asset! appeared first on Coinpedia Fintech News The start of the week has seen bloodshed in the crypto market with the largest crypto by market cap Bitcoin (BTC) has seen it’s price plunging by almost 20% to $50K. Peter Schiff, a well-known economist, and Bitcoin critic has weighed in on the situation, arguing that Bitcoin’s recent performance underscores why it will never be adopted as a…

The post UK Legal Body Submits Crypto Asset Classification Bill appeared first on Coinpedia Fintech News The Law Commission of England and Wales has submitted a groundbreaking proposal to the government, urging the creation of a new category of personal property specifically for crypto assets. The Commission has proposed the establishment of a “third category” of personal property which aims to ensure that property rights related to digital assets are clearly defined and enforceable. Accompanying the proposal is a draft…