Physical Gold Tokenized on Bitcoin Network
Swarm Markets, in collaboration with OrdinalsBot, is offering the ability to mint and trade physical gold on the Bitcoin blockchain through the Ordinals protocol. By inscribing satoshis (smallest Bitcoin units) with unique gold kilobar serial numbers, gold becomes tradable as a real-world asset (RWA) on Bitcoin. This allows investors to hold both physical and digital gold using blockchain infrastructure. The innovation highlights the merging of traditional and digital asset classes on the decentralized platform. (CoinDesk)
Reconciling Privacy and Transparency in Blockchain’s Future
As blockchain technology evolves, the debate over privacy and transparency intensifies, driven by regulatory pressures and fraud concerns. Experts suggest a balance can be achieved using zero-knowledge proofs, allowing transactions to be verified without exposing personal data. This cryptographic solution offers a path for compliance with regulations like anti-money laundering (AML) while preserving user privacy. The future of blockchain lies in managing these dual demands through thoughtful design and technology like zero-knowledge cryptography. (BeInCrypto)
Trump's Crypto Endorsement Follows Modest WLFI Token Launch
Donald Trump declared that "crypto is the future" as World Liberty Financial (WLFI) raised $9 million in token sales on its first day. While Trump's endorsement highlights crypto's growing prominence, WLFI's initial sales were modest compared to larger token launches. The company aims to revolutionize financial services by integrating blockchain into its offerings. Despite the lower-than-expected debut, the event reflects the ongoing momentum and interest in crypto assets. (TheBlock)
Moo Deng Emerges as Top Meme Coin in Recent Survey
A recent survey by crypto influencer Rasmr identified Moo Deng as the favorite meme coin among non-experts, surpassing other contenders like Billy and Giga. The survey highlights a rising interest in meme coins, fueled by Bitcoin's stability, which has remained between $50,000 and $69,000 for the past eight months. Retail investors are increasingly attracted to meme coins for their potential high returns, with some experiencing exponential growth. (CryptoBriefing)
PH Crypto Leaders to Speak at GeckoCon 2024 in Bangkok
Beryl Li (Yield Guild Games) and Wei Zhou (Coins.ph) will represent the Philippines at GeckoCon: Web3 Games Unleashed on November 11, 2024, in Bangkok. This hybrid event, hosted by CoinGecko, will cover blockchain gaming, tokenomics, and the transition from web2 to web3. Filipino leaders’ involvement emphasizes the nation's growing role in the global web3 space. With VIP opportunities and key sessions, GeckoCon aims to highlight future trends and innovation in decentralized gaming. (BitPinas)
