The Tel Aviv Stock Exchange (TASE) – Israel’s sole equity and debt marketplace – now plans to establish a blockchain and digital asset-based trading platform. The exchange will focus on the development of distributed ledger and smart contract technologies while creating various types of tokenized digital assets. Focusing on Future Tech Tel Aviv’s blockchain-related plans were detailed within its 2023 to 2027 strategy document published on Monday. Among the four strategic...
Read More »FTX to Provide $6M for Phishing Victims, But There’s a Catch
The cryptocurrency platform FTX will distribute approximately $6 million to reimburse victims affected by a recent phishing attack. CEO Sam Bankman-Fried revealed this is a one-off decision, underlining that the company will not compensate such customers in the future. Only This Time Last week, hackers targeted several FTX users and drained $1.26M worth of cryptocurrencies. One victim discovered that their account using the 3Commas API had traded the DMM: Governance (DMG)...
Read More »Kim Kardashian Forfeits Penalty Funds to the SEC Over Ethereum Max Promotion
Kim Kardashian has agreed to pay a $1.26 million fine to the Securities and Exchange Commission (SEC) due to what may have been an unlawful promotion of a new digital currency known as Ethereum Max. Kim Kardashian Settles with the SEC Kardashian is not in trouble for promoting the currency. This happens all the time with celebrities, though what Kardashian allegedly failed to do was tell all her social media followers she was promoting the asset that she had garnered...
Read More »Binance Reveals Getting Closer to Identify Hacker that Drained $570M
Binance is on the verge of uncovering the hacker(s) behind the $570 million exploit on its cross-chain bridge, BSC Token Hub, earlier this month. In a recent interview with CNBC’s ‘Squawk Box Europe,’ Binance CEO Changpeng “CZ” Zhao said the firm had received substantial tips from law enforcement authorities to identify the hacker(s) that drained two million BNB tokens. Binance “Narrowing Down” A series of attacks on targeting vulnerabilities in cross-chain bridges over the...
Read More »Santander Proposes Project to Tokenize and Trade Assets with Brazilian CBDC
The objective of this project is to streamline the processes of transacting with different kinds of property through the platform.Santander, one of the biggest banking institutions in the world, has put out a proposal to broaden the scope of Digital Real’s potential usage as a central bank digital currency (CBDC) in Brazil.Santander is leveraging technology from another company, ParFin, to tokenize the ownership rights of the assets in a transaction and handle the exchange of the currency, in...
Read More »Tel Aviv Stock Exchange Unveils New Digital Strategy
The latest decision to include crypto in the TASE strategic plan underscores the nation’s attitude towards digital assets and its potential in traditional finance.The Tel Aviv Stock Exchange (TASE) has today announced a new strategic plan that’ll span 2023-2027. The exchange’s previous plan published when CEO, Ittai Ben-Zeev, took office resulted in strong financial gains and TASE will look to build on that.Specifically, it grew its profit margin from 9% in 2017 to about 25% in the first half...
Read More »Robert Kiyosaki Believes BTC May Come Back in January
According to Robert Kiyosaki – the author of “Rich Dad, Poor Dad” – the dollar has strengthened over the last year or so, which is a primary reason why bitcoin has fallen so dramatically. Robert Kiyosaki: Buy BTC Now! If we all remember during the time of the pandemic, the dollar was weakened by thinning market conditions being faced by not only America, but by the global economy. This gave bitcoin the opportunity to rise as its main competitor was down for the count,...
Read More »New ‘Emergent Entertainment PLC’ Forms to Offer Next Generation of Digital and Immersive Entertainment
[PRESS RELEASE – Please Read Disclaimer] Former PlayStation EVP, Simon Rutter, joins as Chairman. VR Game Peaky Blinders: The King’s Ransom and Web 3 game Resurgence Today, a new entertainment PLC EMERGENT ENTERTAINMENT is announced. Emergent Entertainment officially merges London-based video game studio Maze Theory with blockchain veterans and developers Pluto Digital PLC, following a successful joint venture (Emergent Games) earlier this year. Emergent Entertainment is a...
Read More »Planet IX is Creating a New Framework for Esports by Implementing On-Chain Gaming
[PRESS RELEASE – Stockholm, Sweden, 24th October 2022] Planet IX, the biggest P&E & NFT project on Polygon, has entered into a strategic merger with a disruptive 3D art & gaming studio – ArcadeNFT. As part of the collaboration, Planet IX will be able to incorporate a much sought-after smart contract developed by ArcadeNFT. In 2021, ArcadeNFT developed the first-of-its-kind smart contract created specifically for on-chain P&E and PVP gaming where ranking,...
Read More »Chinese Political Makeup Stirs Massive Slump in Chinese Tech Stocks
While the stocks have a bearish sentiment at this time, the projection for the future has been keeping many investors optimistic about the Chinese markets.The current Chinese political makeup has stirred a massive slump in the stocks of the top tech companies in the country. After Monday’s trading session, the shares of Alibaba Group Holding Ltd (HKG: 9988) dropped 11.42% to HKD61.65, Tencent Holdings Ltd (HKG: 0700) slid by 11.43% to end the day at HKD206.20 while delivery giant, Meituan...
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