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At the Fortune Global Forum in Abu Dhabi, Jenny Johnson, president and CEO of Franklin Templeton, a firm managing over $1.3 trillion in assets, stressed the significance of tokenization in the financial sector. Following their recent application for a Bitcoin ETF, Johnson’s remarks signal a pivot toward the broader potential of blockchain technology, especially in democratizing private markets and enhancing transactional efficiency through tokenization. Blockchain’s role in democratizing markets Johnson draws a clear line between Bitcoin and blockchain technology. While acknowledging the demand for Bitcoin ETFs, her excitement lies in blockchain’s potential to transform financial transactions. She explained how blockchain…

Recent data reveals that Blast, the new layer two (L2) blockchain platform, has amassed a significant $660 million in value within its decentralized finance (defi) protocol. Concurrently, while accumulating a variety of crypto assets, the initiative has commenced a search for experienced senior blockchain developers. While Amassing $660M, L2 Blast Project Searches for Developers In recent times, Blast has emerged as a focal point of interest. This project, conceptualized by Pacman, the mind behind the non-fungible token (NFT) marketplace Blur, has rapidly gained traction. Within a span of less than a week, the platform’s total value locked (TVL) soared to…

Sales of non-fungible tokens (NFTs) experienced a notable surge in November, with a 129.01% increase in sales volume compared to October. Additionally, NFTs created on the Bitcoin blockchain surpassed those on Ethereum in terms of sales this past month. This shift can be attributed to a marked rise in Ordinal inscription minting and trading activities on the Bitcoin network in recent times. Bitcoin Climbs Past Ethereum in Staggering November NFT Sales Surge NFTs experienced a vibrant month in sales over the past 30 days, reaching close to $1 billion in transactions, with an exact figure of $944.33 million. This figure…

After many years of development, The Sandbox is finally ready to officially open their doors, giving anyone who owns a land plot the freedom and ability to create, publish, and advertise their own, unique experience! With this move to open up publishing to the masses, The Sandbox is poised to expand exponentially! The Sandbox was always planned as a massive virtual world where owners of land plots could build games and experiences to share with players. And The Sandbox has allowed third parties to publish land experiences for some time now, but it still required an application process. Now that…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The non-fungible token (NFT) bubble burst long ago, yet these versatile digital assets are proving to be more challenging to eradicate than many think. We may be at the thralls of another severe downturn, with trading at an all-time low even for blue chip NFT projects compared to last year. Still, one thing is for sure: despite the boom and bust and many naysayers, the more extensive utility of NFTs as an innovative business tool will become…

The final month of 2023 is upon us. And what a ride it has been this year! With a near steady stream of game releases and updates, and a crypto market that seems to be in an uptrend, things are looking good for a resurgence of web3 gaming! But growing pains may still shake some developers out of the market. Let’s take a look at a few games we plan to watch in December! Positive sentiment in the crypto markets. Increased partnerships between web2 and web3 game developers. Game releases. New builds, Improved graphics. For the most part, things seem…

The gaming NFT marketplace Aqua is no more, CEO Sean Ryan announced on Linkedin Friday. The plan was first shared last month, but as of today, it’s official. “At Aqua, we did some things well and some things not as well, but the Web3 gaming market isn’t scaling to a mass market size in a time frame that made sense,” Ryan wrote. “Therefore, it was time to call it a day and move on to other opportunities, especially for our awesome employees.” “I’m still a firm believer in the idea that gamers will own their gaming assets, but it’s going…

A Vitalik Buterin-themed NFT collection that stores the image data directly on Ethereum ETH + became the blockchain’s top gas guzzler on Friday and caused a brief spike in Gwei. The project, dubbed Buterin Cards, had used up 13.1% of the total gas units over the past three hours as of 3:00 p.m. ET, ranking it above the Uniswap universal router address and Tether’s public address, according to the Ethereum blockchain explorer Etherscan. The collection triggered transaction fees of 318.31 ETH worth $665,670 over the past 24 hours. After the spike, gas usage has since fallen back behind Uniswap. What…

In today’s digital world, online security matters more than ever. With the increasing prevalence of social media and online financial transactions, the risks of scams and fraud are at an all-time high.  Hi, I’m Zifa, a passionate crypto enthusiast and writer. For over three years, I’ve explored the crypto world, often coming across various scams. In this discussion, we’ll focus on security in the crypto sector, examine well-known scam tactics, and learn how to safeguard your funds. Let’s get started on this journey to safer crypto experiences! What Is a Scam? This is not a new concept: scams appeared long…

Disclosure: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and conditions. We may utilise affiliate links within our content, and receive commission. While the broader crypto market appears to be moving toward a potential bull-market phase, the non-fungible token (NFT) sector, led by collections like CryptoPunks and Bored Apes, is experiencing a contrasting trend. The Nansen NFT-500 index, which gauges the valuation of the top 500 NFTs, has seen a 50% decline year-to-date when measured in Ether (ETH) and a…