Author: David Nolan
INX and Backed launch bNVDA, a tokenized NVIDIA stock, on the Ethereum network. Investors can trade bNVDA 24/7 with blockchain security and self-custody options. Future plans include expanding tokenized assets to ETFs, bonds, and commodities. INX, a regulated marketplace for digital securities, in collaboration with Backed, a leader in real-world asset tokenization, has announced the listing of tokenized stock on the INX platform for eligible non-US users. This innovation promises to enhance accessibility, liquidity, and security for global investors, especially those outside the US. bNVDA, a tokenized security backed one-to-one by NVIDIA Corp (NVDA) stock, issued on the Ethereum network…
Ethereum (ETH) is experiencing a significant downturn, with its price rapidly approaching the crucial support level of $3,051. This sharp decline highlights increased selling pressure and growing bearish sentiment in the market. As Ethereum nears this critical threshold, traders are closely monitoring its behavior for signs of either a stabilization or a further drop. The $3,051 support level is now a focal point, determining the short-term direction of Ethereum’s price action and potentially setting the stage for future movements in the cryptocurrency market. This article aims to analyze the sharp decline affecting the digital asset and its impact on the…
[PRESS RELEASE – Dubai, United Arab Emirates, June 28th, 2024] Pivozon, a forex robot software that is expected to change how traders approach the EURUSD currency pair on the D1 timeframe, is introduced by Dubai-based fintech Avenix Fzco. Power of the D1 Timeframe The distinctive design of Pivozon revolves around its intentional focus on the D1 timeframe, which allows the EA to detect and capitalize on points of trend reversal. Pivozon relies on advanced technical indicators to make decisions. These indicators provide traders with data-driven insights that are accurate even when the market is volatile. Risk Management: A Top Priority…
The U.S. government has transferred $240 million worth of Bitcoin (BTC) to a Coinbase Prime address. According to Arkham Intelligence, the 3,940 BTC sent to Coinbase were originally forfeited from Silk Road vendor and narcotics dealer Banmeet Singh during his January trial. Seizures and Legal Actions In late 2021, the U.S. Department of Justice (DOJ) seized over 50,000 BTC, valued at $3.4 billion, from the illicit Silk Road marketplace. Approximately five months later, officials sold 9,861 BTC for over $215 million. By July 2023, an additional 9,000+ BTC were sold, leaving the government’s wallet with around 30,000 BTC. It was…
DP is a governance DAO that allows its members to actively participate and contribute to the development of the platform. DP is a governance DAO that allows its members to actively participate and contribute to the development of the platform. DP token holders have voting rights on future protocol upgrades and platform developments. This ensures community involvement and democratizes the decision-making process.
Data Ownership and Control: DP’s decentralized solution gives the control of users’ data back in their hands. With our infrastructure, access to databases is allowed only to the owner. DP leverages blockchain technology to decentralize data storage and control. Instead of centralized entities acting as monopolies by holding user data in unethical practices for their personal gain, individuals maintain ownership and control through blockchain. Users set access permissions and terms via smart contracts, ensuring they have full control over who can access their data and under what conditions. Blockchain checks every transaction to ensure there are no duplicates, which prevents…
