LEDGER
A ledger is a consolidated record of transactions most often associated with the accounting of financial transactions.
R3 Highlights the Transformative Potential of Tokenization in Finance
R3, a leading enterprise blockchain software firm, discusses the transformative potential of tokenization in the financial sector. The company emphasizes the need for regulatory frameworks and industry standards to unlock the full benefits of digital assets. According to a June 2023 report from Bernstein, $5 trillion in assets could be tokenized in the next five years, offering significant opportunities for market participants.
Breaking: Coinbase, a16z, and Ledger Back New Texas Alliance Advocating for Clear Digital Asset Regulations
The Crypto Freedom Alliance of Texas, backed by industry leaders like a16z crypto, Bain Capital Crypto, Blockchain Capital, Coinbase, Ledger, and Paradigm, is launching a campaign to establish transparent and consistent digital asset regulations in Texas. The alliance aims to provide insights and guidance to regulators and industry stakeholders, fostering innovation and protecting consumers. The alliance is expected to grow and play a more influential role in the Texas legislative process.
Ripple XRP Q2 2023: Market Cap Decline while NFT Transactions Rise, Reported Messari
According to a recent analysis by Messari, the XRP Ledger (XRPL) saw growth and fall in the second quarter of 2023. Despite a 10.7% quarter-over-quarter (QoQ) decline in market cap from $27.8 billion to $24.8 billion, the XRPL, saw its native token, XRP, maintain its position as the sixth-largest cryptocurrency by market capitalization.
Ledger Postpones the Launch of Ledger Recover Amid Criticisms Aming to Improve Transparency and Security
In light of recent backlash from the crypto community, Ledger, a prominent hardware wallet company, has decided to postpone the launch of its Ledger Recover service.
DLT in Capital Markets: A Strategic Assessment of Opportunities and Risks - A Report by the Global Financial Markets Association
The Global Financial Markets Association (GFMA) has released a comprehensive report examining the opportunities and challenges presented by Distributed Ledger Technology (DLT), including DLT-based Securities and associated activities across the securities lifecycle.
Google, UK, FTX and Binance in Crypto News
Google expands its Web3 program with 11 blockchain partners, while the UK government commits $125 million to accelerate its AI readiness. FTX is set to sell LedgerX for $50 million, and Binance.US backs out of a $1 billion Voyager asset purchase, citing regulatory concerns.
The Sandbox partners with Ledger Enterprise for NFT security integration.
The Sandbox has partnered with Ledger Enterprise to develop security integration for its partners. The collaboration will enable the migration of nonfungible token collections to the Ledger wallet, and The Sandbox will appear as a DApp on Ledger Enterprise.
Bank of England Tests DLT Settlement System
The Bank of England and the BIS Innovation Hub London Center successfully tested a distributed ledger technology-powered settlements system through Project Meridian, which could be extended to other asset classes to reduce time, costs, and risks of transactions.
LedgerX, Other Assets Sold By Bankruptcy Court For FTX
According to FTX lawyer Andy Dietderich, FTX recovered $5 billion in cash and cryptocurrency. LedgerX, Embed, and FTX Japan and Europe are the assets. 117 parties indicated interest in buying FTX assets this week.
Bitvo abandons FTX purchase
Bitvo's shareholder, Pateno Payments, has discontinued the acquisition deal with FTX Canada and FTX Trading. The firm emphasized that its operations have not been affected. Bitvo has never owned, listed or traded the FTX Token FTT or "any similar token". The FTX-owned crypto exchange Liquid suspended its fiat and crypto withdrawals on its Liquid Global platform. FTX acquired the Japanese exchange and its affiliates in February 2022.