Injective, a layer-1 blockchain purpose-built for finance, is rebranding to reflect its evolution into an ecosystem that merges traditional and onchain finance. The new brand identity embodies Injective’s growth and its mission to create a more open and efficient financial system through onchain. Decentralized finance (DeFi) has come a long way since its inception. What began…
Over 50% of Ethereum validators have signaled support for raising the network’s gas limit, increasing the maximum amount of gas that can be used for transactions in a single Ethereum block. As of Feb. 4, Gaslimit.pics, which actively tracks the progress of validators’ support for a higher gas limit, shows 52% of validators are in favor, surpassing the…
Real-world assets (RWAs) reached a new cumulative all-time high following Bitcoin’s decline below $100,000. RWA tokenization refers to financial and other tangible assets minted on the immutable blockchain ledger, increasing investor accessibility and trading opportunities of these assets. Onchain RWAs have reached a cumulative all-time high of more than $17.1 billion across over 82,000 total asset…
The Securities and Exchange Commission of Thailand is planning to launch a distributed ledger technology-based trading platform for securities firms to trade digital tokens. The deputy secretary-general of the Thai SEC said that token investments were gaining traction and the regulator will allow securities companies to trade digital tokens to capitalize on their large investor…
The Indian government, which has historically been opposed to crypto, is reviewing its regulatory policy in response to adoption by other nation-states. According to Reuters, India’s economic affairs secretary, Ajay Seth, said that digital assets “Don’t believe in borders” — signaling that India does not want to get left behind in the digital asset revolution. News…
United States stock market futures plummeted after US President Donald Trump’s recently announced trade tariffs on China, Mexico and Canada, while almost half a trillion dollars exited crypto markets over the past 24 hours. Nasdaq 100 futures slumped on Feb. 3, having fallen almost 2.7%, according to Finviz. Meanwhile, other US equity futures opened down, with the…
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