Tezos is a blockchain platform that is leading the decentralized space in terms of speed, price, energy efficiency, and scalability compared to some of the world’s largest blockchain platforms, such as Ethereum.
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Digital Assets News
What is a Digital Asset?
A Digital asset is a non-tangible asset that is created, traded, and stored in a digital format. In the context of blockchain, digital assets include cryptocurrency and crypto tokens.
Cryptocurrency and tokens are unique subclasses of digital assets that utilize cryptography, an advanced encryption technique that assures the authenticity of crypto assets by eradicating the possibility of counterfeiting or double-spending.
The key differentiation between the two classes of digital asset is that cryptocurrencies are the native asset of a blockchain — like BTC or ETH — whereas tokens are created as part of a platform that is built on an existing blockchain, like the many ERC-20 tokens that make up the Ethereum ecosystem.
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With increasing global investment, quantum computing technology is developing quickly towards the point where it will have sufficient power to break the digital signatures used in digital assets.
Fireblocks integration will enable FV Bank to scale and quickly enhance and add new products to its service offering.
South Africa, June 14, 2021 /AlexaBlockchain/ – South Africa has released a position paper on crypto assets, outlining a framework that proportionately balances the potential benefits against the risks that…
The new business unit, Huobi Blockchain Assets Center, will be responsible for all Huobi Global’s asset management tasks, including token listings and delistings, investment incubation, asset research and assessment, project services, new ventures, and operations.
The new division – ‘State Street Digital’ – will build on State Street’s current digital capabilities and will expand to include crypto, CBDC, blockchain, and tokenization.
The cryptocurrency exchange will connect institutional traders to counterparties across markets, delivering access to deep pools of liquidity in Bitcoin, Ethereum and other digital assets.
The digital asset custodian is adding support for DeFi tokens 1INCH, BNT, Curve Finance (CRV), REN, and SushiSwap (SUSHI).
While holding the digital currencies themselves might still be too new a concept for some investors to consider, the market is currently providing alternative entry points into crypto.
Opimas finds that a number of institutional participants and even some large cryptocurrency exchanges rely on subpar custody approaches.