Blockchains incorporate several important features such as immutability, encryption and distributed storage, which combined makes secure peer-to-peer transactions possible and in turn has created the means to end human dependence on credit and thus credit intermediaries. Due to these features, blockchain has been referred to as ‘the Trust Machine’ and is forecasted to transfer the trust from agencies and institutions which are enforced by law to machine-based networks guaranteed by technology and mathematics.

CoinFlex Issues New Token by Offering 20% Annual Return as a Solution to Re-enabling Withdrawals
CoinFlex has announced plans to raise funds by issuing a new token that will offer a 20% annual return to solve its recent liquidity issue, according to a report from Bloomberg.
How Blockchain Will Break Down Barriers to Asset Management?
To tackle issues like global inequality, blockchain is believed one of the ways to break down barriers to asset management among traditional finance sector.
BTSE Launches BTC and ETH Earn Products
Digital asset exchange platform BTSE announced the launch of its Bitcoin (BTC) and Ethereum (ETH) earn products that enable users to generate passive income.
Hex Trust Announces Integration of Polkadot Blockchain Network
Hong Kong-based digital asset custody provider Hex Trust announced the integration of Polkadot blockchain network into Hex Safe.
Samsung Asset Management to Launch 1st APAC Metaverse Theme Active ETF on HKEX
Samsung Asset Management (Hong Kong) Limited to launch the first APAC metaverse theme active ETF in Hong Kong with Samsung Asia Pacific ex NZ Metaverse Theme ETF (Stock code: 3172.HK), which is expected to list on HKEX by July 7.
Catheon Gaming Hires Mark Aubrey as New CEO To Drive Growth
Mark Aubrey will help Catheon Gaming scale its operations in Asia and across the world. The blockchain firm is seeing significant growth since its formation in September last year. It is apparent that the firm needs someone with a robust operational background to help it scale.
Solana Introduces Web3 Mobile Phone Saga
Solana Labs subsidiary Solana Mobile has announced the launch of the mobile phone "Saga" set for launch in 2023.
Bali-based Ekta Secures $60m from VC GEM
Bali-based Ekta has secured $60 million in funding from venture capital firm Global Emerging Markets (GEM), despite a downturn in the crypto market.
NFTs are all the rage, but why?
What's that NFT everyone is talking about? In case the kerfuffle escaped you altogether, here's a quick summary.
Global Markets, Economy Are Collapsing. But It's Not All Disaster
The Federal Reserve's main mission is to ensure full employment and price stability. In the shadow of unprecedented inflation, Federal Reserve Chair Jerome Powell has a grim choice to make: let the economy slide into recession or restore price control.

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