On October 5th, Zimbabwe Gold (ZiG), a digital token backed by gold reserves, was officially introduced as a payment method, as announced by the Reserve Bank of Zimbabwe (RBZ). The RBZ had initially unveiled this project back in April 2023, emphasizing that each digital token issued would be backed by a corresponding physical quantity of…
The launch of Verified USD (USDV) has been announced by the Verified USD Foundation. USDV is a stablecoin driven by the community and fully supported by the unparalleled on-chain transparency and stability of a basket of tokenized US Treasury Bills (T-bills). As a native omnichain stablecoin compatible with the ERC-20 standard, each USDV is tied…
The Commodities Futures Trading Commission (CFTC) has appointed Mo Shaikh, co-founder and CEO of Aptos Labs, to its Digital Assets Subcommittee. This subcommittee is part of the Global Markets Advisory Committee (GMAC), which was established in 1998 and includes top financial executives from firms such as Citadel, Goldman Sachs, and HSBC. The GMAC and its…
Supervillain Labs has successfully raised new funds from Aptos Labs and Neowiz’s Intella X. Aptos Labs and Intella X, a Web3 gaming initiative by Neowiz, have each made an equity investment in Supervillain Labs, a Web3 game studio. This investment round was co-led by Intella X and Aptos Labs, with additional support from leading global…
As businesses across the world face an ever-changing landscape, the ability to adapt and pivot has become crucial. Utilizing agile project planning frameworks enables organizations to navigate uncertainty and thrive in dynamic environments. By taking an iterative approach, continuously evaluating, and making incremental changes, companies can boost resilience, productivity, and innovation. This article explores best…
In today’s ever-evolving legal landscape, where adaptability is paramount, legal professionals are increasingly turning to tools that seamlessly align with changing work dynamics. One such tool gaining prominence is legal transcription. If you’ve ever found yourself wondering what is legal transcription and how it fits into the modern legal ecosystem, this article will explore its…
Tether Operations Limited (Tether), the leading company in the digital assets industry, has announced plans to soon launch U.S. dollar-pegged Tether tokens (“USD₮”) on the Aptos Network. This move aligns with Tether’s broader mission to increase global access to digital currency, leveraging Aptos’ cutting-edge blockchain technology known for its exceptional speed and scalability. Aptos is…
Continuing its foray into digital asset services, BlackRock, a $9 trillion asset management giant, has officially registered an Ethereum Trust in Delaware. The firm, renowned as one of the world’s largest asset management entities, had earlier made headlines by filing for a Bitcoin ETF with the SEC. The subsequent registration of BlackRock’s iShare Bitcoin Trust…
SocialFi, short for “Social Finance,” refers to the integration of decentralized finance (DeFi) and social media or community-driven platforms. The concept of these two categories merging together to bring users and have some amazing connections while also monetizing their content is really interesting and is what has attracted users in recent times. The current social…
The blockchain technologies all around have been getting better and an example of what the future holds in the blockchain world is Monad, a Layer 1 blockchain that promises a throughput of 10000 TPS, and much more. But how does it do so? Let’s discuss that for someone who doesn’t know much about Monad. Monad…