Saturday, June 15, 2024
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Pyth (PYTH) Token Debuts at $500M Valuation as 90,000 Wallets Receive Airdrop

The Pyth Network currently has $1.5 billion in total value secured (TVS) across 120 protocols, making it the fourth-largest pricing oracle. Competitor Chainlink (LINK), in comparison, has $14.7 billion in TVS, according to DeFiLlama. Pyth gathers first-party pricing data from exchanges and institutional traders before sending that data to smart

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Cathay Securities debuts Taiwan’s first security token offering platform

Cathay Securities announced that it has obtained regulatory approval to launch Taiwan’s first Security Token Offering business.  Taiwan’s financial sector, Cathay Securities has become the island’s first brokerage firm authorized by the Financial Supervisory Commission to launch a Security Token Offering (STO) business. This pioneering move allows the brokerage to issue

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JPMorgan debuts tokenization platform, BlackRock among key clients: Report

American banking giant JPMorgan debuted its in-house blockchain-based tokenization application, the Tokenized Collateral Network (TCN), on Oct. 11, according to Bloomberg. TCN settled its first trade for asset management giant BlackRock.The Tokenized Collateral Network is an application that allows investors to utilize assets as collateral. Using blockchain technology, investors can transfer

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JPMorgan Debuts Tokenized BlackRock Shares as Collateral with Barclays

“Onyx Digital Assets already enables clients to access intraday liquidity via repo transactions,” said Tyrone Lobban, JPMorgan’s Head of Onyx Digital Assets, in a statement. “Now with the launch of TCN, clients can benefit from additional utility from their MMF investments by posting tokenized MMF shares as collateral – a

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Bybit debuts AI-powered ‘TradeGPT’ for market analysis and data driven Q&A

Dubai-based cryptocurrency exchange Bybit has developed a language based trading tool that uses AI to generate trading insights and answer technical questions from its market data.TradeGPT is being touted as an AI-powered education tool that taps into the generative ability of ChatGPT’s large language model and Bybit’s inhouse ToolsGPT to

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Colombian peso-backed stablecoin debuts on Polygon with yield benefits

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Num Finance launches nCOP, a Colombian Peso-pegged stablecoin on Polygon, offering users an 8% yield and promising a fresh take on remittances in Latin America. Num Finance, a Latin America-based stablecoins issuer, has introduced its latest stablecoin,

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