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Expensive Real Estate Putting You Off From Investing? Blockchain-Backed Property Tokenization Could Be An Alternative — What You Should Know
Monday, October 21, 2024 - 3:13am | 697Property tokenization was gaining traction among cryptocurrency enthusiasts as a novel way to real estate investment, as the broader narrative of putting real-world assets on blockchain rails gathers steam. What Happened: The high property prices in major cities like London and New York have made...
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Blockchain's Global Expansion: Insights From An Interview With Korea Blockchain Week's Founder
Friday, September 20, 2024 - 12:21pm | 1104In the ever-evolving world of blockchain, few events have managed to capture the industry's attention like the Korea Blockchain Week (KBW). Since its inception in 2018, KBW has grown exponentially, positioning itself as a global hub for blockchain innovation, collaboration, and thought...
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Jamie Dimon Says JPMorgan Is Likely 'One Of The Bigger Users' Of Blockchain Technology, But Calls Cryptocurrencies A 'Pet Rock'
Wednesday, September 18, 2024 - 4:18am | 713Jamie Dimon, CEO of JPMorgan Chase, stated that the bank is “probably one of the bigger users of blockchain” during an interview on Tuesday at the Financial Markets Quality Conference. What Happened: Dimon, who has been skeptical of cryptocurrencies, emphasized that JPMorgan is an...
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'Ride Regulatory Waves,' Not 'Fight Tsunamis': Prometheum CEO On Navigating Blockchain Regulation
Monday, September 16, 2024 - 12:25pm | 502As the digital asset industry faces both opportunities and challenges, leaders like Aaron Kaplan, co-CEO and co-founder of Prometheum, are preparing for what's next. Kaplan's company offers a digital asset securities trading platform that operates under federal securities laws. He will be among the...
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JPMorgan Eyes Market Share Gains In Swiss Corporate Banking: Report
Thursday, September 12, 2024 - 9:34am | 433JPMorgan Chase & Co. (NYSE:JPM) aims to expand its Swiss corporate banking business and plans to leverage blockchain services to attract new clients. The company currently has over two dozen active customer relationships and plans to significantly expand in this segment, reported Reuters. Lutz...
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Anthony Scaramucci Says Digital Assets Nowhere 'Near Their Peak,' Urges Embracing Volatility In Crypto
Thursday, September 12, 2024 - 9:09am | 569Anthony Scaramucci, founder of SkyBridge and chairman of SALT, will be speaking at the upcoming Benzinga Future of Digital Assets event in November. Leaders in the digital assets space will share their perspectives on the industry’s challenges and potential. In a recent interview, Scaramucci...
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Blockchain Core Foundation Launches Liquid Staking Token Pegged Against Bitcoin
Thursday, September 5, 2024 - 11:51am | 467Bitcoin-powered blockchain Core Foundation launched a liquid staking token pegged to Bitcoin (CRYPTO: BTC) as an innovative solution for addressing challenges that have long plagued the DeFi space. What Happened: Core Foundation's LstBTC is an ERC-20 liquid staking token and pegged 1:1 with Bitcoin...
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Puff, Puff, Pass: This Crypto Project Wants You To Vape To Earn, Raises $6M For Specially-Designed Vapes
Thursday, September 5, 2024 - 3:57am | 382“There is no such thing as ‘just one cigarette’ when you quit.” How many times have you seen such public service announcements in movies, advertisements, and social timelines without batting an eyelid? Well, would you care if there were financial incentives to reduce taking...
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Blockchain Technology Wire Network Designs First Blockchain For AI Agent Economy
Wednesday, September 4, 2024 - 12:43pm | 474Wire Network introduced its Universal Transaction Layer (UTL), a unique open-source blockchain developed to cater to the AI agent economy. What Happened: Wire Network’s UTL is the first third-generation blockchain, succeeding Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), based on the...
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EXCLUSIVE: Mantra Aims To Bring Real-World Assets Onchain, CEO Says 'Proven Tech Is Secure And Scalable'
Tuesday, August 20, 2024 - 10:21am | 945Bringing real-world assets, or RWAs, onto the blockchain is still a ways away, according to a recent McKinsey & Company report. Still, there’s plenty of potential, as the market could reach a total tokenized market capitalization of approximately $2 trillion by 2030. Mantra — a "security-...
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Mark Cuban Hails California Move To Adopt Blockchain Behind This 'Ethereum Killer' For Car Title Transfers: 'Amazing 'Step Forward For Crypto' Unless Gary Gensler Sues
Wednesday, July 31, 2024 - 7:15am | 618In a significant step towards mainstream adoption of cryptocurrency technology in the U.S., the Department of Motor Vehicles in California has digitized a whopping 42 million car titles using the Avalanche (CRYPTO: AVAX) blockchain. What Happened: The California DMV, in collaboration with software...
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Fintech Innovators To Gather At Benzinga's Deal Day & Awards In NYC: '$100M Of Deals To Be Done'
Friday, July 26, 2024 - 2:40pm | 571On Nov. 19, New York City will host Benzinga's Fintech Deal Day & Awards, drawing top names in financial technology for a day of networking, discussions, and recognition. With the July 31 deadline for fee-free nominations fast approaching, companies across the industry are preparing to showcase...
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Peter Thiel, Founders Fund Lead $11M Investment In Pudgy Penguins Parent Company: 'Excited to Drive the Consumer Crypto Revolution Forward'
Wednesday, July 24, 2024 - 11:23am | 1081The parent company of well-known non-fungible token collection Pudgy Penguins has raised $11 million from investors including Founders Fund to help launch a consumer-focused blockchain for the mass adoption of cryptocurrency. What Happened: Since being acquired by Luca Netz for 750 Ethereum (CRYPTO...
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JPMorgan, Standard Chartered-Backed Blockchain Fintech Partior Secures $60M In Venture Capital
Friday, July 12, 2024 - 2:22pm | 550Blockchain payment fintech Partior raised over $60 million in a Series B funding round. What Happened: Peak XV Partners led the effort, with participation from new investors Valor Capital and Jump Trading, The Block reported on Friday. Previous investors JPMorgan (NYSE:JPM), Standard Chartered and...
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Ripple Sets Up Fund To Propel Blockchain Innovation In Japan And South Korea
Tuesday, June 11, 2024 - 4:28am | 461In a recent development, the blockchain firm Ripple (CRYPTO: XRP) has established a fund in Japan and Korea to bolster innovation on its XRP Ledger. What Happened: The fund is set to back corporate partnerships, developer grants, start-up investments, and community growth, CNBC reported on Tuesday...