๐ธAustraliaโs top exchange may approve spot Bitcoin ETFs this year
๐Australiaโs largest stock exchange โ the Australian Securities Exchange (ASX) โ could greenlight several spot exchange-traded funds (ETFs) by the end of 2024. Australiaโs spot Bitcoin ETFs could see $3 billion to $4 billion of inflows within the first three years
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๐Australiaโs largest stock exchange โ the Australian Securities Exchange (ASX) โ could greenlight several spot exchange-traded funds (ETFs) by the end of 2024. Australiaโs spot Bitcoin ETFs could see $3 billion to $4 billion of inflows within the first three years
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๐ขSaudi Arabia says all NEOM megaprojects will go ahead as planned despite reports of scaling back
๐Saudi Arabiaโs economy minister rejected recent reports that the kingdomโs $1.5 trillion NEOM megaproject, a futuristic desert development on the Red Sea coast, is scaling back some of its plans. โAll projects are moving full steam ahead,โ Faisal Al Ibrahim told CNBCโs Dan Murphy on Monday at the World Economic Forumโs special meeting in Riyadh.
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๐Saudi Arabiaโs economy minister rejected recent reports that the kingdomโs $1.5 trillion NEOM megaproject, a futuristic desert development on the Red Sea coast, is scaling back some of its plans. โAll projects are moving full steam ahead,โ Faisal Al Ibrahim told CNBCโs Dan Murphy on Monday at the World Economic Forumโs special meeting in Riyadh.
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๐กVitalik Buterin breaks down โBiniusโ as a way to speed up zero-knowledge proofs
๐Ethereum co-founder Vitalik Buterin has discussed a new cryptographic proving system that aims to achieve greater efficiency for zero-knowledge proofs. Buterin explained a system for highly efficient cryptographic proofs over binary fields called โBinius,โ which aims to deliver significant performance gains over traditional proof systems such as zk-SNARKs.
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๐Ethereum co-founder Vitalik Buterin has discussed a new cryptographic proving system that aims to achieve greater efficiency for zero-knowledge proofs. Buterin explained a system for highly efficient cryptographic proofs over binary fields called โBinius,โ which aims to deliver significant performance gains over traditional proof systems such as zk-SNARKs.
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๐ธMemecoinsโ mass appeal makes it valuable to DEXs
๐Memecoin trading can be hugely valuable to decentralized exchanges (DEXs) as it can attract flows from a mass of non-traditional DeFi traders, says Synthetix founder Kain Warwick. โThereโs an argument that memecoins are pure speculation, in my view speculation is good. Itโs valuable,โ Warwick told Cointelegraph at MemeGlobal Sydney.
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๐Memecoin trading can be hugely valuable to decentralized exchanges (DEXs) as it can attract flows from a mass of non-traditional DeFi traders, says Synthetix founder Kain Warwick. โThereโs an argument that memecoins are pure speculation, in my view speculation is good. Itโs valuable,โ Warwick told Cointelegraph at MemeGlobal Sydney.
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๐ธCrypto venture capital funding hits $1B for second straight month
๐Crypto venture capital funding has topped $1 billion for the second consecutive month this year. Aprilโs $1.02 billion in funding came across 161 investment rounds in April, marking a minor fall from the $1.09 billion recorded from 186 rounds.
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๐Crypto venture capital funding has topped $1 billion for the second consecutive month this year. Aprilโs $1.02 billion in funding came across 161 investment rounds in April, marking a minor fall from the $1.09 billion recorded from 186 rounds.
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๐ขAsia Pacific Commercial Property Investment Leads the World, Spikes 13 Percent
๐Japan, South Korea, Singapore Top Investment Targets In Early 2024. New data from the global real estate consultancy JLL indicates that the Asia Pacific region was the sole global area to experience an increase in commercial real estate investment in the first quarter of 2024, with investments hitting $30.5 billion.
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๐Japan, South Korea, Singapore Top Investment Targets In Early 2024. New data from the global real estate consultancy JLL indicates that the Asia Pacific region was the sole global area to experience an increase in commercial real estate investment in the first quarter of 2024, with investments hitting $30.5 billion.
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๐ธNew South Korean leadership will press for Bitcoin ETF trading
๐The Democratic Party of Korea promised to allow Bitcoin exchange-traded funds, and it expects to follow through โ one way or another. The Democratic Party of Korea will request that the Financial Services Commission (FSC) reconsider its interpretation of the legal status of spot Bitcoin exchange-traded funds (ETFs), according to a local press report. Allowing spot ETFs with underlying virtual assets was one of the partyโs campaign promises.
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๐The Democratic Party of Korea promised to allow Bitcoin exchange-traded funds, and it expects to follow through โ one way or another. The Democratic Party of Korea will request that the Financial Services Commission (FSC) reconsider its interpretation of the legal status of spot Bitcoin exchange-traded funds (ETFs), according to a local press report. Allowing spot ETFs with underlying virtual assets was one of the partyโs campaign promises.
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๐ขLas Vegas Home Sales Jump 19 Percent Annually in April
๐Las Vegas Realtors released a new report this week indicating a significant uptick in housing prices during April 2024, particularly for condos and townhomes, which reached an all-time high. In Southern Nevada, the median price for existing single-family homes surged to $469,000, marking a 9.1% increase from April 2023's $430,000. However, despite this rise, home prices remain beneath the peak recorded in May 2022 at $482,000.
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๐Las Vegas Realtors released a new report this week indicating a significant uptick in housing prices during April 2024, particularly for condos and townhomes, which reached an all-time high. In Southern Nevada, the median price for existing single-family homes surged to $469,000, marking a 9.1% increase from April 2023's $430,000. However, despite this rise, home prices remain beneath the peak recorded in May 2022 at $482,000.
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๐ธTokenization to unlock interoperability across payments, investments
๐During the TokenizeThis 2024 event, executives from Ripple and Stellar discussed the latest trends in tokenization, including the blending of payments and investments. The lines between payment and investment assets are becoming increasingly blurred. In the near future, it may be possible to split a dinner and pay using shares of tokenized funds, a blend made possible by tokenizing assets.
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๐During the TokenizeThis 2024 event, executives from Ripple and Stellar discussed the latest trends in tokenization, including the blending of payments and investments. The lines between payment and investment assets are becoming increasingly blurred. In the near future, it may be possible to split a dinner and pay using shares of tokenized funds, a blend made possible by tokenizing assets.
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