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22 articles found
Latest
L&G Shakes Up Finance: $1.5 Trillion Giant Considers Tokenization
L&G, a London-based company managing $1.5 trillion in assets, is exploring the possibility of tokenizing a portion of its holdings. This initiative places the company alongside other major traditional firms that have entered the real-world asset (RWA) sector, including BlackRock, Franklin Templeton, and Abrdn.
Banking Giant Targets Bitcoin Trading
Bloomberg reports that Standard Chartered, a multinational financial corporation, is developing its own platform for trading Bitcoin (BTC) and Ethereum (ETH). This new division will operate as part of the bank's global banking sector, with its management hub based in London.
Wayve Ventures into Canada
British autonomous vehicle manufacturer Wayve Technologies announces the opening of a new research and development hub in Vancouver, Canada, marking its third establishment following London and Mountain View in California. The initiative will be spearheaded by the company's Chief Scientific Officer, Jamie Shotton.
XCOPY: The Talent Beyond Art
XCOPY is an anonymous London-based artist creating animated glitch-art with flickering elements, utilizing NFT technology to sell digital images.
AI Safety Summit in London
The London AI Safety Summit wrapped up yesterday with an hour-long conversation between Elon Musk and U.K. Prime Minister Rishi Sunak.
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StarkWare & Herodotus Break Ethereum Data Barriers
London's Herodotus, in collaboration with StarkWare, has launched an "on-chain accumulator" tool that lets users read and verify any part of Ethereum's history. This tackles Ethereum's current limitation of validating only the last 256 blockhashes. The tool uses "storage proofs," a cryptographic method, to confirm the validity of data. This could be a game-changer for creating permissionless account recovery systems and insurance protocols that rely on historical on-chain data.
Europe’s First Bitcoin ETF to Finally Launch
After facing significant delays, Europe’s first spot Bitcoin exchange-traded fund (ETF) is expected to launch later this year. Jacobi Asset Management, a London-based multi-asset investment platform, plans to debut its Bitcoin ETF on the Euronext Amsterdam exchange.
a16z Expands Globally, Eyes UK as Crypto Hub
a16z, the venture capital firm, has announced its plans to open an office in London later this year. Chris Dixon, the head of the fund, emphasizes the UK’s potential as a cryptocurrency hub, citing regulatory clarity and support for blockchain technology.
Asprey and Bugatti team up to launch luxury NFTs on Bitcoin
The Asprey Bugatti Egg Collection Royale Edition is a collaboration of legends that is sure to catch the eye of luxury connoisseurs. Generative Bitcoin NFTs and precious objet eggs will be released to celebrate the opening of the Asprey Studio Gallery in London.
Paxos: digital gold and BUSD issuer
Paxos Trust Company, often referred to simply as Paxos, is a financial technology company that develops blockchain infrastructure and digital assets. It has offices in New York, London, and Singapore.
Britain Vies for Revolut's IPO
The UK government is set to convince financial firm Revolut, which also offers cryptocurrency services, to conduct its initial public offering (IPO) in London rather than New York. City Minister Tulip Siddiq plans to meet with company representatives this fall to discuss the proposal.
The Stormtrooper Scandal: Behind the Art Wars NFT Collection
London artist Ben Moore's audacious scheme using the iconic Star Wars stormtrooper helmets has sparked outrage among copyright holders and NFT market participants. This story is now being explored in a documentary.
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London's Wealthiest Opt for Bitcoin in Real Estate Transactions
Amid a bullish crypto market, London's luxury real estate is witnessing a novel trend: cryptocurrency rent payments. This shift seems to be more than just a trend; it's a significant change in how people view and manage their wealth.
What is Tokenized Gold?
HSBC, a globally respected bank based in Hong Kong, has announced its plans to tokenize the gold held in its London vault. This move prompts questions about the process and its purpose.
London Seeks to Integrate Traditional Markets with Blockchain
The London Stock Exchange (LSE Group), one of the world's oldest stock exchanges, intends to establish a blockchain-based trading platform for traditional financial assets.
FluidAI & UK University Join Hands for Crypto Solutions
Imperial College London has teamed up with AI startup FluidAI to address challenges in the crypto market using artificial intaligance (AI). The collaboration will focus on enhancing the tokenized market for various stakeholders, including institutions and retail investors. FluidAI emphasizes the need to tackle liquidity aggregation issues in the crypto domain. AI can help predict and offer optimal bid and ask prices in the market.
Cosmetic Brands to Dive into the World of Digital Makeup
The Metaverse Beauty Week (MBW) — a trailblazing event focused on digital and traditional beauty — is kicking off in the virtual world. Moreover, a similar event is set to happen in London, the real-world city, not its digital counterpart.
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CFTC Aims to Tackle Anonymity on the Crypto Market
During her presentation in London, CFTC Chairperson Christy Goldsmith Romero called for broader oversight of anonymity in the cryptocurrency market, bolstering security measures for DeFi applications, and safeguarding client assets on centralized exchanges.
Russian crypto exchanges caught laundering USDT within UK!
An investigation by Transparency International, a global anti-corruption organization, uncovered eight platforms that transferred USDT from Russia to London and exchanged stablecoins for British pounds.
Faketoshi won’t stop falling from grace!
Craig Wright, who calls himself Napoleon Satoshi Nakamoto, is still going through a rough patch. All lawsuits demanding to recognize him as Bitcoin's creator are constantly rejected by courts of different countries and instances. This time, London’s appeal showed him to the door. Craig tried to protect his honor and dignity by suing 16 Bitcoin developers who called him a liar. The judge looked through the case and found no reason to grant Wright's claim. Btw, developers did’t even bother sending their lawyers to court.
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