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The Dubai Multi Commodities Centre (DMCC) has announced a new partnership with the firm Comtech Gold in order to digitize gold trading. The DMCC said the tokenized precious metals are backed by DMCC Tradeflow-registered gold bars, and each tokenized gold bar “will be backed by a Tradeflow warrant.” DMCC to Digitize Tradeflow-Registered Gold Bars via … Read more
Rising from the ashes of old crypto exchanges, a new paradigm arises. Go to Source Powered by WPeMatico
On-chain analytics show that ETH and stablecoins have been flowing out of centralized exchanges in the aftermath of FTX’s collapse. Go to Source Powered by WPeMatico
W3bstream, a MachineFi project, is using Web3 technology to decentralize the Internet of Things. Go to Source Powered by WPeMatico
Though the mood among many who showed up in Austin was bullish, most commented on the collapse of FTX and the drop in the price of Bitcoin. Go to Source Powered by WPeMatico
Blockchain detective ZachXBT has provided evidence refuting recent speculation about the identity of the FTX hacker and their supposed memecoin activity. Go to Source Powered by WPeMatico
The ethereum wallet known as the “FTX Accounts Drainer” has started to offload the ethereum it collected this past week after becoming the 27th largest ether address. On Nov. 19, 2022, the wallet held 250,735 ether, but by 7:44 a.m. (ET) on Nov. 20, the “FTX Accounts Drainer” transferred roughly 50,000 ether out of the … Read more
The United Kingdom Law Commission recently asked experts and users to participate in a ten-week exercise whose objective is to help the commission better understand how decentralized autonomous organizations (DAOs) operate. A blockchain expert says the commission’s call shows that the U.K. is “leading the way in thinking and developing the law and other institutions … Read more
Amid the craziness tied to the FTX collapse, the latest Garbage Pail Kids (GPK) non-fungible token (NFT) collection takes aim at the crypto industry, roasting subjects like the LUNA collapse, Bored Ape Yacht Club, and Cryptopunks. Following the release, GPK’s parent company Topps explains on the firm’s NFT marketplace website that the packs of “Non-Flushable … Read more
Electronics giant Sony has filed a patent that describes the usage of NFT (non-fungible token) and blockchain technology to track the history of in-game digital assets. The filing describes the usage of this tech in order to record the story of modifications and ownership of the digital assets from a given game. Sony Might Use … Read more