Ethereum liquid restaking drives DeFi TVL to $100bn in Q1 ’24
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Announcements, News

When compared to the previous quarter, the total value locked (TVL) in decentralised finance (DeFi) approximately doubled during the first quarter of 2024, indicating that DeFi has witnessed tremendous growth from the previous quarter, reports Blockchain.news. It is possible to ascribe, at least in part, this spike to Ethereum’s liquid restaking activities, which have been […]

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BlackRock aware of RWAs as ‘multitrillion-dollar opportunity’
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The crypto markets’ focus on real-world asset (RWA) tokenisation has gained momentum throughout 2024, and multiple entities within the traditional finance (TradFi) industry are also integrating blockchain and asset tokenisation into their portfolios, reports Cointelegraph. Cointelegraph Markets spoke with Victor Sanchez and Alan Keegan, the co-founders of the RWA-focused blockchain project Kinto, to explore the […]

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What is DeSci and what are the working projects in the space?
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DeSci is short for Decentralised Science. Although this term might sound unfamiliar, the concept is straightforward. It involves leveraging blockchain technology to introduce a secure, open-source way for various aspects of scientific endeavors, from publication and ownership to sharing and even trading of scientific materials, reports Blockleaders. DeSci holds untapped potential when it comes to […]

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Web3 investment up 55% in Q1 as crypto VC interest rebounds
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The total investment in Web3 firms increased by 55% in the first quarter of 2024, signalling the return of venture capital (VC) interest to crypto, reports Cointelegraph. In addition to an increase of over 55% in total investment, the number of Web3 VC investment deals rose 36% in the first quarter of 2024 compared to […]

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Binance Academy introduces university-accredited programs with discount and rewards
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Binance Academy has recently unveiled a range of university-accredited programs in partnership with leading educational institutions in Europe, reports Blockchain.news. These programs are designed to provide learners with in-depth knowledge and understanding of blockchain technology and digital assets. The participating universities include the Prague University of Economics and Business (VŠE), the European Business Institute (EBI) […]

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Tether CEO: Stablecoin competition crucial for regulatory engagement
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Ripple’s move to launch its own stablecoin could add further legitimacy to the stablecoin landscape, according to Tether CEO Paolo Ardoino, reports Cointelegraph. Speaking to Cointelegraph during Paris Blockchain Week, Ardoino said the stablecoin ecosystem needs healthy competition between big players to further legitimize the utility of fiat-backed tokens in the eyes of regulators. “First […]

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DWF Labs renews DMCC collaboration to propel MENA blockchain ecosystem
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DWF Labs is committed to investing in 50 start-ups operating in the web3 space, with a significant investment of $500,000 reserved for the most promising business, reports Blockchain.news. The partnership builds upon the foundation laid by the previous agreement, which included the establishment of a $5 million growth platform for Web3 businesses at the DMCC […]

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Blockchain Ireland Meetup April – UAE
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Our next Blockchain Ireland UAE meet-up is taking place in Dubai on 12 April, with thanks to BlockDelta and Declan Strain. 📌 When: April 12th, 20:30 📌 Where: McGettigans Factory, The Palm 📌 Who: All welcome 📌 Why: Meet new people in the blockchain space and reconnect with others 👉 Sign up here https://lu.ma/ngmj9beo

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RWAs in Web3 are impacting consumer experience
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The concept of Web3 proposes to provide the next evolutionary step of the internet, prioritising user sovereignty, utilising blockchain technology, enabling trustless transactions, and establishing decentralisation, reports Forbes. Meanwhile, Real-World Assets (RWAs) are increasingly presented as critical aspects to the future of traditional finance (TradFi), encompassing both tangible and intangible asset utilisation. When considering the impact […]

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Dfinity launches Web3 accelerator platform on the Internet Computer
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The Dfinity Foundation, a not-for-profit organization based in Switzerland and major contributor to the Internet Computer blockchain, has announced the launch of the Olympus Acceleration Platform, reports Cointelegraph. According to a press release, Olympus represents the first decentralised, on-chain Web3 accelerator. Dfinity said it’s “a first of its kind platform” that will be used by […]

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Crypto consumer scepticism declines, says survey
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Consumers are becoming slightly less sceptical about bitcoin, according to a Deutsche Bank survey, although just under a third of those questioned still expect its price to drop sharply by the end of 2024, reports Reuters. Although people have poured billions of dollars into bitcoin, hoping for returns if its price rises, top regulators have […]

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Ripple makes waves with $150bn stablecoin market entry
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Announcements, News

Ripple has entered the lucrative stablecoin market, valued at $150 billion, by introducing its own digital currency pegged to the US dollar, reports UnlockBC. This stablecoin will maintain a 1-to-1 backing with assets such as US dollar deposits, US government bonds, and cash equivalents held in reserve by Ripple. The company has committed to providing […]

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