“This is the latest progression of our digital assets strategy,” said Robert Mitchnick, BlackRock’s Head of Digital Assets. “We are focused on developing solutions in the digital assets space that help solve real problems for our clients, and we are excited to work with Securitize.”

Tokenization remains a key focus of BlackRock’s digital asset strategy. Through the tokenization of the Fund, BUIDL will offer investors important benefits by enabling the issuance and trading of ownership on a blockchain, expanding investor access to on-chain offerings, providing instantaneous and transparent settlement, and allowing for transfers across platforms. BNY Mellon will enable interoperability for the Fund between digital and traditional markets.

“Tokenization of securities could fundamentally transform capital markets. Today’s news demonstrates that traditional financial products are being made more accessible through digitization. Securitize is proud to be BlackRock’s transfer agent, tokenization platform and placement agent of choice in digitizing and expanding access to its investment products,” said Securitize co-founder and CEO Carlos Domingo.

Source https://www.businesswire.com/news/home/20240320771318/en/

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The token will be on the Ethereum blockchain, but the Tokenization of securities will be a radical change in the concept of investments, as profits will be deposited in new tokens every month.

The initial amount of investment is about $5 million, so the category of investors is not the same category as investors in cryptocurrencies, but we will see more serious projects in blockchain.

In the past period, I noticed the difficulty of making a good profit from mining some altcoins. If we ignore LTC and Doge, the return from mining a lot of altcoins has become more difficult than in the past. I have about  (850MH 690W) *3 , which is about 2550 MH, and I used to get a return of about $6 per day from mining some altcoins. But now it has become difficult to get $2, so what do you think about the future of altcoin mining?

Why aren't large blocks the long-term solution to the scalability problem for all cryptocurrencies, as I see most if not all cryptocurrencies moving towards second-layer solutions, so why isn't a cryptocurrency created?
block size: 32 MB
avg block time: 15 seconds.
We can say that the transaction is secure after 8 blocks, and then the network will be able to process thousands of transactions. So why is this not a long-term solution or what are the problems with this solution?

For those who want to say that the costs of running full nodes will be a problem, I say that internet fees decrease, internet speed increases and storage costs per TB decrease.

https://www.binance.com/en/support/announcement/binance-launches-inscriptions-marketplace-2e95b31769104b6da4722ff305054e27

Binance has launched the Binance Inscriptions Marketplace — a one-stop solution hosted within the Binance Web3 Wallet — that allows users to inscribe and trade a wide variety of inscription tokens such as BRC-20 tokens, Ethereum Virtual Machine (EVM) tokens and more, within the Binance App.

The Inscriptions Marketplace is designed with accessibility and convenience in mind. It caters to all, from BRC-20 enthusiasts to those new to Web3, providing a secure and enjoyable experience. The introduction of the Inscriptions Marketplace is a welcome development for Binance Web3 Wallet, enhancing users’ journey through the decentralized web with its array of features.

Bitcoin transaction fees have increased in the past months, and many complained about them, but some found it to be an opportunity to earn some BRC-20 tokens, and with the entry of Binance into the market, the frequency of this spam may increase.

Highlights of Binance Inscriptions Marketplace:

• Seamless Transfers: You do not need any technical experience, and you only need one click.
• Endless Options: BRC-20 tokens, EVM-based tokens, and many more
• Faster Transactions: This is the problem as it means they will force you to pay higher fees which may raise the average transaction fees.

Most dead cryptocurrencies came from projects launched during the 2020 - 2021 bull run. 7,530 cryptocurrencies from that period have died, accounting for 53.6% of all dead cryptocurrencies on CoinGecko. Over 11,000 cryptocurrencies were listed on CoinGecko during the previous bull run, with ~70% having shut down since.

In comparison, 1,450 projects launched during the 2017 - 2018 bull run have since shut down. This is on the back of over 3,000 cryptocurrencies listed, resulting in a similar failure rate of ~70%.

The high number of dead coins during the 2020 - 2021 period can be attributed to the ease of deploying tokens, and the rise in popularity of memecoins. However, many memecoin projects launch without a product, with the majority being abandoned after a short period of time.

https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed


Statistics say that the period 2020-2021 is the period that witnessed the most dead currencies due to the great prosperity of the market in that period, but what I could not understand is why 2023 was among the lowest years, as the corrections were at their peak and interest rates were increasing, and yet according to CoinGecko in 2023, 289 listed cryptocurrencies died.

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Why do you think the year 2023 witnessed the lowest number?

I don't know if anyone has suggested this before or if there are enough topics, but since there are many subfourms, creating a subfourm for the Lightning Network would be a positive thing, and I'm sure there is a lot of content, so I don't think there will be a problem in creating new topics. The discussions there may be of high quality (if a good manager is chosen) and thus Lightning Network subfourm will be among the best Lightning Network fourm.

A graph showing the rates of import and export of cars to and from China, including electric cars. Through the graph we see China’s superiority over European car manufacturers, which is something that no one expected to happen, especially with the low quality of Chinese cars in 2010 to 2015, which did not exceed safety standards in Lots of cases.

I think you have heard about the recent Bitfinex hack attempt, in which hackers tried to steal $15B XRP transfer from Bitfinex by exploiting the Partial Payments Exploit feature, but I did not understand how such a hack could be done.

It appears that Partial Payments Exploit, and https://xrpl.org/partial-payments.html, the flag is enabled, and once it is enabled, the partial payment transaction will be successful if it delivers any amount equal to or greater than the DeliveryMin field without exceeding the SendMax amount, or in other words :

Amount ≥ (Delivered Amount) = SendMax - (Fees) ≥ DeliverMin > 0

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According to the explanation, the hackers have risen
In reality, the exploiter sends over a much smaller amount specified in another transaction field and aims to receive credit for the difference.

https://cointelegraph.com/news/unknown-wallet-xrp-transfer-bitfinex-partial-payments-exploit

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Can someone explain to me how it happened? I tried to understand it but I could not.