Loading
Welcome at World Crypto Global. This portal is packed with useful content and resources to built out your own crypto skills. WorldCrypto is a site member of Gabriel Vega Network.
Imperial College London, in collaboration with the IOTA Foundation, launches the I3-Lab to drive circular economy research using digital tools. (Read More)
The BOE is considering applying DLT to its existing settlement system and introducing a wCBDC.
The Layer 0 network was created in collaboration with the United States Department of Defense and is now open for commercial Web3 applications.
Supra Oracles has launched on IOTA EVM, enhancing data accuracy and timeliness across various DLT networks, according to IOTA Foundation Blog. (Read More)
Naresh Nagia of Deloitte explores the impact of tokenization, DLT, and CBDCs on traditional banking in episode 117 of the Public Key podcast. (Read More)
The new participants in the European Central Banks DLT tests include major financial institutions.
The Bank of England's proactive regulatory shift aims to integrate emerging technologies, highlighted by the introduction of the Digital Securities Sandbox.
BlackRock submitted a prospectus to introduce digital shares for its $150 billion Treasury Trust Fund through distributed ledger technology (DLT). The DLT shares will only be accessible via BNY Mellon. This move marks a major step in BlackRocks tokenization initiatives which matches CEO Larry Finks approach to reshape investments using blockchain technology. BlackRocks DLT Shares […]
Crypto analyst 589Bull has asserted that the XRP is dead narrative is a lie. The analyst went further to reveal the truth and explain why market participants should be bullish on the altcoin, despite the current price action. Why XRP Is Not Dead Despite Current Price Action In an X post, 589Bull stated that the idea that XRP is dead is a lie. Instead, he stated that the truth is that the altcoin is being embedded in the next financial system. The crypto analyst further remarked that Ripple is building the rails, digitizing liquidity using XRP, mapping corridors, and bleeding retail so that only institutions, bots, and insiders are positioned. Related Reading: XRP Vs. Bitcoin: Ripple Drops Bombshell On Which One Is Better In line with this, he advised retail investors not to chase hype, or beg for dates, or flinch as the trick isnt timing when the switch flips for XRP. Instead, he believes the trick is surviving the lie long enough to cash out on the truth. Simply put, 589Bull is confident that the altcoin will still experience a massive surge and is therefore advising market participants to hold and not get shaken out. 589Bull also answered the question on why XRP has the most fundamentals in its history and is still down 30% from its 2025 high. He remarked that the answer is simple, as price isnt the truth. Instead, he believes that the price is the trap, possibly to shake out the weak hands before the altcoins surge to new all-time highs (ATHs). The analyst claimed that they are not trying to reward early holders but rather shake them out. He further stated that while retail investors are watching red candles, they are launching futures, likely alluding to the Teucrium XRP ETF, which just launched. 589Bull added that the institutions are also listing international ISINs, onboarding banks to DLT corridors, and filing ETF applications in the background. The analyst asserted that this is a game of perception and that the louder the fear, the quieter the setup. The Clock Is Ticking For The Altcoin In an X post, crypto analyst CasiTrades stated that XRPs setup hasnt changed, but the clock is ticking. She explained that the altcoin remains in the same range, as there havent been any new highs or lows. Related Reading: Over $700 Million In XRP Moved In April, What Are Crypto Whales Up To? However, the analyst noted that the altcoin has attempted a breakout alongside the Bitcoin price but stalled at the 0.618 retracement level, which is a common level for exhaustion. She added that the rejection came fast, and now the momentum is pulling XRP back to support. Meanwhile, CasiTrades also asserted that nothing about the bigger picture has changed. She stated that the current price action reinforces her belief that XRP will need to sweep major support levels, such as $1.90 and $1.55, before it is ready to break out. The analyst added that this should not continue to drag on as momentum in crypto shifts very quickly. At the time of writing, the XRP price is trading at around $2.07, down almost 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com
China Information Technology Development Limited (CITD) (HKEX: 8178), a leading technology company specializing in AI and cloud technologies, has announced its plan to issue HK$100 million worth of Bonds using distributed ledger technology (DLT). The proposed issuance aims to revolutionize the bond market by leveraging blockchain and smart contract technologies. (Read More)
Despite being touted as the possible panacea, decentralized finance (defi) still faces obstacles which greatly diminish the prospects of mainstream adoption, asserts serial entrepreneur and CEO of Radix DLT, Piers Ridyard. Ridyard added that while defi is seen as “a fantastic proof of concept,” widespread adoption of this alternative to traditional finance is only possible [...]
The post ‘The Only Way to Truly Scale Blockchains Is to Parallelize Processing’ Says Piers Ridyard appeared first on Crypto Breaking News.
As asset tokenization continues at a rapid pace, the Monetary Authority of Singapore (MAS) and 11 financial institutions examined infrastructure models to facilitate tokenized asset trading. The key to unlocking the full benefits of the technology is open and interoperable digital asset networks, the MAS said in its Project Guardian report released June 26. Project [...]
The post Singapore central bank reports on tokenized asset network models after trials appeared first on Crypto Breaking News.
The DLT Science Foundation (DSF) has been launched with the aim of promoting the adoption of distributed ledger technology (DLT) and providing grant support to its university network. The network includes prestigious institutions such as the London School of Economics and the University of Zurich, and is supported by the open-source public ledger project Hedera. (Read More)
<p>The <a href="https://www.financemagnates.com/tag/european-commission/" target="_blank" rel="follow">European Commission</a> (EC), a cabinet government and the executive body of the European Union (EU), has announced the launch of its newest regulatory sandbox for <a href="https://www.financemagnates.com/terms/b/blockchain/" class="terms__main-term" id="be18ed01-45fc-4044-b447-06802a10dbcd" target="_blank">blockchain</a> and distributed ledger technology (DLT).</p><p>The European Blockchain Regulatory Sandbox</p><p>The newly established European Blockchain Regulatory Sandbox was launched to create a pan-European regulatory framework to promote legal certainty for projects using blockchain technology. It is facilitated by a consortium including Bird & Bird, OXYGY, WBNoDE and Spindox. </p><p>Funding for creating the sandbox was raised from the Digital Europe Programme. The initiative is expected to work for the SME over the next three years and, according to its concept, will support up to 20 projects from both the private and public sectors within the European Blockchain Services Infrastructure. Independent academic experts will oversee the whole process.</p><p>"Projects will be selected through calls for expression of interest. Every year, the most innovative regulator participating in the sandbox will also be awarded a prize," the EC stated in the press release.</p><p>Europe Sees Blockchain Potential</p><p>According to the EC, <a href="https://www.financemagnates.com/tag/dlt/" target="_blank" rel="follow">DLT </a>and blockchain have broad potential, which is not only limited to the financial industry. The technology can support regulation and documentation in the fight against fraud. </p><p>"Companies can facilitate the exchange of non-personal data to train algorithms, and/or create unique digital twins for assets they buy, sell or insure in the mobility, energy and manufacturing sectors," the EC added.</p><p>While pilot programs conducted in the EU have shown the considerable potential of blockchain, the EC points to legal uncertainty. The regulatory sandbox has been created to lower the uncertainty, where regulators and supervisors can have an open dialogue and companies and public institutions can develop.</p><p>"The Sandbox is open to companies from all industry sectors and public entities for projects beyond a proof-of-concept stage and already close-to-market or at an early stage of being operational, involving amongst other technologies the use of DLT," the statement explained.</p><p>Initial applications are being accepted until 14 April 2023.</p><p>Watch the recent FMLS22 Executive Interview with Tobias Bauer from Blockchain Founders Fund.</p><p>Markets in Crypto-Assets Regulation</p><p>The European Union has been working since the middle of last year <a href="https://www.financemagnates.com/cryptocurrency/can-mica-take-europe-to-the-crypto-promised-land/" target="_blank" rel="follow">to regulate the cryptocurrency industry</a> under the Markets in Crypto-Assets <a href="https://www.financemagnates.com/terms/r/regulation/" class="terms__secondary-term" id="341d154e-1396-4d12-a357-4837e79c4146" target="_blank">regulation</a> (MiCA) proposal. MiCA seeks to regulate issuers of stablecoins and other unbacked crypto-assets such as Bitcoin. It also wants to bring operators of crypto-asset trading venues and wallets within its ambit.</p><p>Initial discussions on the MiCA started in September 2020. However, an interim legislative agreement between the EU and EC was reached just at the end of June last year. The MiCA is intended to be part of a broader digital finance package and does not cover all issues related to the cryptocurrency market: it bypasses the DeFi and NFT markets, for example.</p><p>The EU has started to take a stronger interest in blockchain technology at a time when it has declined significantly in the private sector. <a href="https://www.financemagnates.com/cryptocurrency/vcs-not-interested-in-blockchain-anymore-as-funding-almost-stopped/" target="_blank" rel="follow">Venture capitalists are no longer as interested in funding the industry</a> and only supported it with $2.3 billion in the last quarter. In the first half of 2022, funding was $30 billion, while in the second half, the amount raised came in at $7 billion, showing a definite reversal in the industry.</p> This article was written by Damian Chmiel at www.financemagnates.com.
Christopher Waller praised the emerging applications of distributed ledger technology, smart contracts and tokenization, but he changed his tune for crypto assets.
The Filipino securities regulator is moving to enact tighter rules on crypto, crypto companies and other financial products using blockchain technology.
The blockchain-backed upgrade in the works for nearly five years has potentially cost Australia’s primary exchange over $170 million.
According to a recent white paper by American multinational investment bank, Citi, the mainstream adoption of distributed ledger technology (DLT) is now growing rapidly among the financial market infrastructures and global market participants. (Read More)
The proposed distributed ledger technology-backed “Asian yuan” token would supposedly help reduce Asia’s dependence on the U.S. dollar for international business.
Over $12 million in value was issued in the pilot with commercial and central banks in Hong Kong, Thailand, the UAE and China taking part.
World Crypto Global opens the door to digital freedom for everyone.
Manage your free WCG Coins securely—where simplicity meets global accessibility.
FREE CRYPTO COINS
AVAILABLE FOR RESERVATION
ALREADY ALLOCATED
No fees. No catch. Your crypto journey starts here.
World Crypto Global
