Physical Gold Tokenized on the Bitcoin Network
Swarm Markets and OrdinalsBot have pioneered a way to tokenize physical gold on the Bitcoin blockchain using the Ordinals protocol. By inscribing unique serial numbers on satoshis (the smallest Bitcoin unit), they enable the trading of real-world assets (RWAs) on the decentralized Bitcoin network. This breakthrough connects traditional gold investments with the flexibility and security of blockchain technology, offering a new way for investors to hold both physical and digital gold assets seamlessly. (CoinDesk)
Reconciling Privacy and Transparency in Blockchain’s Future
The blockchain space faces an ongoing debate between privacy and transparency. As regulators push for more oversight, zero-knowledge proofs (ZKPs) offer a solution. ZKPs allow transactions to be validated without revealing personal data, making them vital for compliance with anti-money laundering (AML) laws. As blockchain technology advances, privacy-preserving cryptography like ZKPs may become essential for creating transparent, secure, and compliant ecosystems in the digital asset world. (BeInCrypto)
Trump Endorses Crypto as WLFI Token Launches
Donald Trump's endorsement of crypto has attracted attention as World Liberty Financial (WLFI) raised $9 million in its initial token sale. Though the launch was smaller than anticipated, Trump's backing underscores the growing mainstream recognition of cryptocurrencies. WLFI aims to transform the financial services sector by integrating blockchain solutions, demonstrating the sector's potential despite the modest debut. (TheBlock)
Moo Deng: The Rising Meme Coin
According to a recent survey by crypto influencer Rasmr, Moo Deng has emerged as the top meme coin among non-experts, surpassing established contenders like Billy and Giga. The meme coin market is thriving, with Bitcoin's price stability between $50,000 and $69,000 fostering investor interest. Retail investors are drawn to the potential high returns from meme coins, contributing to their growing popularity. (CryptoBriefing)
PH Crypto Leaders to Speak at GeckoCon 2024
At the upcoming GeckoCon in Bangkok, key Filipino figures such as Beryl Li from Yield Guild Games (YGG) and Wei Zhou from Coins.ph will speak on blockchain gaming and the transition from Web2 to Web3. This event highlights the Philippines' expanding influence in the global Web3 ecosystem, emphasizing the country’s significant role in the future of decentralized gaming. GeckoCon will offer insights into emerging trends and innovations in blockchain technologies. (BitPinas)