Author: Jeremy Ryan

The recent release of Paxos’ 2023 Institutional Digital Asset Adoption Survey offered deep insights into the evolving landscape of digital assets in the global financial sector. Paxos Enterprise Digital Asset Adoption Study Reveals Momentum Towards a Digitized Financial Future As the adoption of digital assets expands, financial institutions are shifting from merely expressing interest in these assets to accepting them as integral components of their strategic frameworks. In an era where blockchain solutions are at the forefront of financial innovation, the survey found that a staggering 99% of financial services companies are actively pursuing blockchain solutions. This significant interest underscores…

UK Member of Parliament Natalie Elphicke has called on the government to do more to support the development and adoption of blockchain technology in the country. UK MP Urges Government to Adopt Blockchain Technology He made the statement at an event hosted by the Blockchain Technologies Parliamentary Group, which he chairs. Elphicke said blockchain technology has the potential to transform various industries such as supply chain management, digital identity and data security. He said the UK should aim to be a leader in this field and work with industry and policymakers to advance the understanding and application of the technology.…

This week, 10101.art has hit a big milestone by selling out 300 pieces of Banksy’s ‘Turf War’ in just two hours during its pre-sale. Now, as they gear up for the main sale, expected to make them a go-to for art tokenization, folks in the art and crypto scene are eagerly waiting for details on how to snag one of the remaining 1200 pieces and join in on this innovative venture.—At the cutting edge of the art sector, 10101.art is leading the charge in tokenization of legendary masterpieces. This transformative process clearly indicates how blockchain technology is redefining interactions with…

In Atlanta, Georgia, on December 15, Patientory, Inc., a healthcare data startup, is collaborating with students affiliated with the Environmental, Social, and Governance (ESG) Initiative’s Wharton Impact Venture Associates (WIVA) for a joint effort in capital fundraising. The WIVA team focuses its investments exclusively on WeFunder, where Patientory has already achieved a fundraising goal of $50,000. WeFunder, a crowdfunding platform, enables non-accredited investors with limited capital to support promising early-stage startups, with contributions starting as low as $100. Investors supporting the company participate through a Simple Agreement for Future Equity (SAFE), entitling them to acquire equity in the company later…

Tokeny announces Apex Group as its main strategic investor, strengthening its tokenization platform in the global financial sector. The alliance between Tokeny and Apex Group drives innovations in tokenization, highlighting the use of EOS EVM technology for efficient transactions. Luxembourg-based tokenization company Tokeny has made a breakthrough in its investment management, announcing that Apex Group, a leading fund management firm, has become its lead strategic investor. Although the exact terms of the investment have not been disclosed, this move strengthens Tokeny’s position in the financial tokenization sector. Apex’s Rise in the World of Fund Management Apex Group, which has grown…

Hong Kong has reportedly hired a group of banks to help set up a digital hub to issue green bonds using blockchain technology. According to a Bloomberg report, the city is in talks with HSBC, Credit Agricole, Bank of China, Industrial and Commercial Bank of China and UBS to establish a group aimed at exploring the possibility of a multi-series fixed rate digital green bond issuance. As per sources close to the matter, Hong Kong is weighing issuing digital bonds on a distributed ledger developed by HSBC. The digital bonds are expected to be denominated in U.S. dollars, euros, offshore…

The BitcoinShrooms compilation featured pixelated artworks, with a particularly captivating avocado that outperformed initial expectations, commanding an impressive $101,600. In a groundbreaking move, renowned auction house Sotheby’s has ventured into the world of Bitcoin Ordinals inscriptions, a form of Non-Fungible Tokens (NFTs), with unprecedented success. The auction featured a set of three pixelated images from the “BitcoinShrooms” collection, marking the auction house’s debut in the NFTs on Bitcoin space. The sale, concluded on Wednesday, December 13, exceeded all expectations, with the three digital images fetching a total of approximately $450,000. Notably, this amount was five times higher than the highest…

In anticipation of a major upgrade, IRISnet is gearing up for the Mainnet 2.1 release scheduled for early January 2024. IRISnet is the internet of blockchains intended to reduce the gap between blockchains and real-world businesses. To ensure a seamless transition, developers can now explore the Nyancat testnet, which is live and ready for testing. The IRISnet platform has announced this news today on its official X (Formerly Twitter) account. #IRISnet Mainnet 2.1 Upgrade Scheduled for Early January 2024! ????️ Testnet Now Open! Calling Validators, Service Providers, Builders —— Test the upcoming Interchain NFTs functionality and be prepared???? https://t.co/JvAzqvadZ1 —…

The Sandbox recently announced an integration with the Polygon Network. The platform has released The Sandbox Marketplace on Polygon for creators. The integration empowers creators while increasing their asset monetization opportunities. Now, anyone can use CATALYSTs to mint on the Polygon marketplace. Given the efficient nature of Polygon, the fees have largely decreased. The network has also introduced a secondary market for creators. It will allow NFT owners to resell ASSETs they did not create on the marketplace. At the same time, minting is also open to every creator. The Sandbox released an official post covering the topic. The post…

The Sky Mavis team behind the Play-to-Earn triumph, Axie Infinity, has recently introduced “Stage 2” evolution functionality for all Axie characters. Each enhancement — uniquely designed by artist Masamu — evolves Axie NFTs the more they are played with, boosting the assets’ battle prowess and visual appeal. What’s more, the doors of the in-game Garuda Shrine Shop are now open, offering exciting AXP Consumables to enhance Axies’ abilities. Intriguingly, a connection between Axies, Fortune Slips, and the Garuda Shrine Shop has emerged: players can now redeem Fortune Slips at this store for a chance to win on-chain rewards. Prepare for reward potential increasing as…