Tether and Coins.ph: Empowering Financial Literacy in the Philippines
Tether Operations Limited and Coins.ph are partnering to advance financial education in the Philippines, focusing on blockchain, Bitcoin, and stablecoins. Through workshops, online campaigns, and interactive quizzes, the initiative aims to demystify digital assets for Filipinos. Stablecoins like Tether (USDT) offer a stable and reliable tool for trading and remittances, playing a pivotal role in the Philippines' digital economy. This collaboration highlights the companies’ commitment to financial inclusion and accessibility. (BitPinas)
Crypto Trading Hits $5.3 Trillion in Q1 2024
Global crypto trading volumes soared to $5.3 trillion in the first quarter of 2024, with centralized exchanges (CEX) handling $4.8 trillion and decentralized exchanges (DEX) processing $523 billion. This represents remarkable growth for both sectors, with CEX activity increasing by 96% and DEX by 76.5% compared to the previous quarter. While the DEX-to-CEX ratio slightly declined, the surge reflects growing global interest in cryptocurrency trading and adoption. (Crypto Briefing)
Circle Introduces Trading for BlackRock Tokenized Fund Shares
Circle has launched a smart contract allowing holders of BlackRock's tokenized fund shares to trade them for USDC on the secondary market. This move follows BlackRock’s introduction of its BUIDL fund, designed to offer institutional investors access to tokenized financial assets. By bridging the gap between traditional finance and blockchain technology, Circle and BlackRock underscore the growing trend of asset tokenization as a solution to liquidity challenges. (Blockworks)
Ubisoft’s Blockchain Game Expands Player Ownership
Ubisoft has released the gameplay trailer for Champion Tactics Grimoria, a blockchain-based RPG featuring collectible digital assets with unique traits. Players can craft teams and engage in tactical turn-based battles, blending AAA-quality graphics with Web3 ownership. The game marks a significant step for Ubisoft in integrating blockchain technology into mainstream gaming while ensuring high-quality gameplay experiences. (Cointelegraph)
Uplink Secures $10M to Democratize Internet Access
Uplink, a Decentralized Physical Infrastructure Network (DePIN) company, has raised $10 million to develop a user-operated internet infrastructure platform. By incentivizing contributions to its decentralized network, Uplink seeks to expand connectivity in underserved regions. The platform prioritizes partnerships with enterprises and plans to launch its token later this year, offering a scalable alternative to traditional centralized internet providers. (CoinDesk)