BlackRock’s $10 Trillion Tokenization Vision: Revolutionizing Investment Landscape BlackRock’s $10 Trillion Tokenization Vision: Revolutionizing Investment Landscape In the realm of finance, a profound shift is underway, heralding an era of unprecedented efficiency and accessibility. At the forefront of this revolution stands BlackRock, the global behemoth in asset management, renowned for its recent foray into the world of cryptocurrencies with the launch of its Bitcoin ETF earlier this year. However, BlackRock’s ambitions extend far beyond mere digital currencies. Partnering with Securitize ..read more

Lottoday Ventures into the Multi-Billion Dollar Gaming Industry with Focus on Decentralization, NFTs, and Web3 Gaming Experience Lottoday is entering the online gaming market, capitalizing on its revenue potential. With a strong emphasis on decentralization in the cryptocurrency market and the utilization of Non-fungible tokens (NFTs) and their potential uses, Lottoday aims to provide a borderless and rewarding web3 gaming experience. Seizing the Opportunity for Web3, Decentralized Gaming Lottoday’s strategic move into the multi-billion dollar gaming industry aligns with the growing demand for ..read more

Deloitte comes up with a new system for users to store credentials in a single Blockchain-enabled wallet (using KILT protocol technology, a Polkadot-based technology). The goal behind this program is to streamline the verification processes across different platforms. If properly utlized, it can improve the KYC (Know Your Customer) and KYB (Know Your Business) processes. According to Deloittle, existing verification processes are often inefficient because they need multiple data points, and often pose a threat to consumer security. The new credential system would have different use cases for ..read more

Crypto.com has recently launched a generative AI, Amy, which is enabled by ChatGPT. Amy shows data on token prices (in real-time), projects, and past events. The tool will help users learn more about the industry and make better decisions. The company is bullish on the current crypto events, as per the company’s Vice President Abhi Bisarya.  Another spokesperson said if used correctly can eliminate the political implications arising in every industry. After OKX, Binance, and Solana Labs, Crypto.com has launched an AI algorithm to showcase market volatility.  The post Meet Amy, Chatgp ..read more

Ultron Foundation, the company that developed Ultron (ULX), a high-performance Blockchain, partners with Alphabit Fund. Alphabit Fund is a leading investment option, a name praised by businesses worldwide. It has been named by Bitcoin Market Journal as one of the top cryptocurrency investment funds, as it has over 1 billion dollars in assets. It has invested in various blue-chip Web3 projects, NFTs, and decentralized finance, including Yield, GamiFi, and Archax. Its CEO, Liam Robertson, is also a prominent name in the cryptocurrency market. It is regulated by Dubai’s DFSA, and the partnership ..read more

The European Parliament’s approval of the Markets in Crypto-Assets (MiCA) legislation establishes the EU as one of the first jurisdictions to implement comprehensive rules on crypto-assets. The MiCA legislation will create a level playing field for all providers of crypto-asset services, ensuring that consumers are provided with adequate protection and that service providers are held accountable for any misconduct. It will also address systemic risks posed by crypto-assets, enhance the overall stability of the financial system, and introduce a regulatory sandbox for innovative solutions. The M ..read more

The Argentinian regulators (National Commission of Value) have decided to approve the launch of Bitcoin-based futures which would debut on the Matba Rofex exchange. The trading will start in May, which makes it the first regulated Bitcoin future in South America. The futures will be used as a part of an agenda for strategic innovation. The focus of this agenda is to create a forum for public-private collaboration and the creation of better projects.  The working principle behind the futures will depend on BTC’s price in the domestic market. The trade will occur in fiat currency and be de ..read more

In 2021, Elon Musk appeared on an episode of Saturday Night Live, in which he played the role of a fictional character of a financial expert. There he named Dogecoin, “a hustle”, after which the cryptocurrency’s price quickly tanked. In this lawsuit, investors are claiming that Elon Musk was running a pyramid scheme to bring Dogecoin’s market price up.  However, Musk’s lawyers say that the premise of this lawsuit is far-fetched, and vague, and cannot warrant any charges of fraudulent promotion and activity. Hence, this case should be dismissed, according to Musk’s team. However, the inve ..read more

YouTube’s new CEO Neal Mohan thinks that NFTs and Web 3 can be important instruments in generating additional revenue for creators.  He took over the reins after Susan Wojcicki departed from the company this week. However, she would remain an advisor to Google’s parent company, Alphabet.  As a chief product officer, he was responsible for removing the dislike button (a controversial move, according to many) and introducing YouTube Shorts to compete with TikTok. He wanted to introduce the concept of NFTs last year, but the plan was canceled later. He might push it, even more, this ye ..read more

After securing a license to operate in the Abu Dhabi region less than a year ago, Kraken decided to shut down its offices. According to one spokesperson, the company has decided to focus on digital assets and proceed after due diligence, especially after the FTX bankruptcy.  He also told that the company will reduce its workforce by 30% (1,100 employees), as the market sentiment on crypto is going downward. Previously, the company decided to shut down its operations in japan, citing the same reasons. The post Kraken Shuts Down Offices In Abu Dhabi first appeared on AtoZcrypto. The post Kr ..read more