HighlightsFoundation, a prominent NFT marketplace, is shutting down after a failed acquisition by Blackdove.The closure reflects the ongoing decline in NFT trading activity and market consolidation.Despite challenges, some industry experts believe the NFT sector could eventually recover.Foundation's Rise and FallFoundation, a notable player in the NFT marketplace landscape, has announced...
Author: Quinn Taylor
Ripple Joins Forces with Korean Insurer to Revolutionize Bond Settlement Using Blockchain Technology!
HighlightsRipple teams up with Kyobo Life Insurance to pilot blockchain-based settlement for government bonds in South Korea.The initiative aims to streamline bond settlement processes, replacing traditional methods with near real-time on-chain execution.Proposed legislative changes in South Korea will regulate tokenized securities, enhancing market access and liquidity for innovative financial instruments.Introduction...
Why Execution Risk is the New Custody Challenge in Crypto
Opinion by: Ido Sofer, founder and CEO at Sodot. Extended custody risk goes beyond just securing private keys, necessitating a focus on all credentials. Execution risk is emerging as a significant vulnerability, requiring comprehensive security policies across diverse environments. New frameworks must prioritize zero key exposure principles to safeguard real-time...
Onchain Commodity Trading Surges, Yet Traditional Finance Still Dominates Liquidity
HighlightsOnchain commodity trading is experiencing a surge in activity but faces liquidity challenges compared to traditional markets.Weekend trading has become a unique advantage for onchain platforms as they provide a space for real-time market reactions while traditional markets are closed.As trust grows in onchain futures markets, increasing participation could lead...
