Blockchain DXB: Crypto & Coffee at 8 ☕ 03rd Oct 👀Monero, delisted by Kraken 🚀Bitwise XRP ETF in USA 🏦 Franklin Templeton Fund in Aptos Christie's ownership certificates on Base
Blockchain DXB
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03rd Oct: Blockchain DXB Podcast
👀Monero, delisted by Kraken 🚀Bitwise XRP ETF in USA 🏦 Franklin Templeton) Fund in Aptos Christie's) ownership certificates on Base
👀 Kraken Digital Asset Exchange) is delisting Monero (XMR) for clients in the European Economic Area (EEA) due to regulatory changes. Starting October 31, 2024, at 15:00 PM UTC, trading and deposits of XMR will stop, and all open XMR orders will be closed. Clients can withdraw XMR until December 31, 2024. After that, Kraken will automatically convert any remaining XMR into Bitcoin (BTC) at the market rate, with the converted BTC distributed by January 6, 2025. Kraken emphasizes its commitment to offering a broad range of assets while complying with regulations. Official announcement here https://shorturl.at/uxQQf)
❗ Will other exchanges follow a similar strategy? Check out the Blockchain DXB) episode we share our commentary on this
🟢 Bitwise has filed for the first spot XRP ETF with the U.S. Securities and Exchange Commission), allowing investors to gain exposure to XRP through a trust managed by Coinbase Custody. The filing follows Bitwise's earlier launches of Bitcoin and Ethereum spot ETFs. If approved, the ETF will initially use a cash-create method for transactions but may switch to in-kind trades later. Industry experts view the filing as strategic, with growing interest in XRP ETFs signalled by other firms like Canary Capital). Official filings here https://shorturl.at/VXbAG)
🚨 Franklin Templeton) has added the Aptos blockchain to support its $435 million OnChain U.S. Government Money Market Fund (FOBXX), already available on Ethereum, Arbitrum, Avalanche, Stellar, and Polygon. Aptos, a Layer 1 blockchain launched in 2022, uses the Move programming language for faster transactions and was chosen for its suitability with Franklin's Benji platform. Aptos aims to bridge decentralized finance (DeFi) with traditional finance. The fund’s integration marks a step toward connecting both EVM and non-EVM networks in the Aptos ecosystem.
👀 What specific characteristics of the Aptos blockchain influenced Franklin Templeton's decision to integrate it into their Benji platform? We discuss this in today's episode
🚨 Christie's) will offer blockchain-based ownership certificates for a photography collection, using blockchain technology to verify ownership of the artwork.
❗The auction house's sale of "An Eye Towards the Real: Photographs from the Collection of Ambassador Trevor Traina," on Wednesday at the Rockefeller Center in New York will issue digital certificates for each of the 130 lots. The ownership certificates will be minted by Kresus on Base, the Ethereum layer-2 blockchain developed by Coinbase info via CoinDesk https://shorturl.at/76ezD)
🟠Two UAE news
⚡ e& UAE) Launch AI-powered ‘EASE’ Store in The Dubai Mall) to Enhance Telecom Retail Experience
⚡ Mining Grid) elevates blockchain community with Mining Race and Dubai showroom opening
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