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UAE-based Farmsent integrates Chainlink’s blockchain technology. Chainlink’s CCIP ensures secure cross-chain communication, while Proof of Reserve verifies real-time backing of tokenized assets. In a recent tweet, UAE-based Farmsent announced its adoption of Chainlink’s tokenized infrastructure. As one of the pioneering trade-finance platforms to leverage blockchain technology, Farmsent is integrating Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and Proof of Reserve services. This partnership aims to enhance traceability, secure cross-border payments, and bolster decentralized finance through improved transparency for tokenized real-world assets (RWAs).…

Custody startup Taurus is advancing its tokenization plans in partnership with Stellar Network. Stellar has started accommodating a lot of mainstream firms exploring RWA tokenization, which is a major boost for XLM. Taurus, a digital asset custody platform supported by Deutsche Bank, was recently integrated into the Stellar ecosystem for enhanced Real-World Asset (RWA) tokenization. This collaboration holds promise for Stellar native token XLM,  leading to discussions surrounding a new All-Time High (ATH). Taurus Expands Tokenization Efforts With Stellar Partnership…

Singapore, Singapore, June 24th, 2024, Chainwire In an industry where traditional barriers often exclude the average investor from high-value assets, iRA Blocks emerges as a game-changer, leveraging blockchain to bring real-world assets within reach of the masses. The financial industry has long been characterized by its exclusivity, particularly when it comes to investing in high-value assets like real estate, luxury items, and aviation. Historically, these investment opportunities have been accessible only to a select few.  iRA Blocks is set to…

The post BEVM Launches Ethereum Asset Bridge with OP Stack and WBTC Integration appeared first on Coinpedia Fintech News BEVM, supported by Bitman, has introduced a relay chain on the OP Stack, utilizing Wrapped Bitcoin (WBTC) as gas. This development of the Bitcoin L-2 network aims to facilitate the easy transfer of assets between Ethereum and the BEVM network, enhancing interoperability. Moreover, the relay chain serves as a crucial bridge for token movements, ensuring necessary compatibility with ZK-Rollup technology in…

Long-term SEC official David Hirsch has announced his departure from the markets regulator. Known for his high-profile cases, Hirsch’s departure might stir relief that will fuel BTC and XRP’s growth. David Hirsch, who headed the United States Securities and Exchange Commission’s (SEC) Crypto Asset and Cyber Unit within the Division of Enforcement, has resigned after nearly nine years of service. According to his post on LinkedIn, his departure marks a significant change within the regulatory agency. Hirsch played a crucial…

Ternoa launches zkEVM+ for enhanced digital asset security on Ethereum. Collaboration with Polygon CDK integrates advanced privacy and security features. According to today’s Medium update, Ternoa is set to launch zkEVM+, a Layer 2 solution on Ethereum focused on security and privacy, built using Polygon CDK. This new launch follows their successful 2023 release of a decentralized privacy stack available as a Polkadot SDK Layer 1 chain. Furthermore, a recent tweet by Polygon, aggregated by Polygon Labs, announced that Ternoa’s…

The government of Zimbabwe is actively seeking feedback on digital asset regulation as it embarks on creating its crypto framework while grappling with an inflation crisis.  The country hopes to create a regulatory structure tailored to its specific needs and market conditions.  Zimbabwe Consulting Crypto Firms According to reports, the government of Zimbabwe has already established a committee to engage with and gather information from crypto companies offering their services in the country. The deadline for comments on its policy…

The post Bitcoin vs Gold: Anthony Scaramucci Says ‘Digital Gold’ Can Become $500,000 Asset Despite Only Five Percent Adoption in Us appeared first on Coinpedia Fintech News In a recent statement, Anthony Scaramucci, Founder of Skybridge Capital,  suggested that if Bitcoin continues to scale and adopt at the same pace as the past decade, its value could reach great heights. He projected that Bitcoin could become a three, four, or even $500,000 asset. To put this into perspective, he compared…

AI computing protocol IONET has inked a partnership with Aptos Labs. IONET is gradually growing its ecosystem with a series of important partnerships. IONET (IO), a decentralized AI computing and cloud platform has announced a new partnership with Aptos Labs. Through the partnership, IONET aims to explore how blockchain can provide a transparent and immutable record of AI-developed assets and creations.  IONET Deploys BC8 on Aptos According to the terms of the partnership, IONET has released its generative AI product…