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EREZ CAPITAL ANNOUNCES ADDITION OF ARPIT GARG AS GENERAL PARTNER

August 3rd, Boston Mass. Erez Capital, an emerging venture capital fund investing in disruptive technologies, is thrilled to announce the addition of Arpit Garg as a General Partner. Prior to joining Erez Capital, Arpit was a tech investment banker at Drake Star Partners. He advised on mergers and acquisitions and private placements (Series B onwards) for companies operating in Fintech, AI, and Entertainment verticals. Arpit joins Erez Capital with valuable experience as an investment banker with Drake Star Partners in Los Angeles, and Beekman Advisors, where he advised companies operating

Blockpass integrates award-winning ID system with Solana Wallets, offers special discount to Solana projects

HONG KONG, Sept 7, 2023 - (ACN Newswire) - Blockpass has announced that it will be integrating its identity verification solution with Solana Wallets and supporting Solana projects with its revolutionary On-Chain KYC(R) solution. Additionally, Blockpass will provide a unique special offer available to all Solana projects in the form of a 50% discount. Solana is a blockchain network with the fundamental ideals of an open-source community, decentralization, staking and censorship resistance at its heart. The Solana network is validated by thousands of independently-operating nodes that ensures data remains secure

Prontoblock and Mercantile Bank International Partner to Modernize the $1.25 Trillion Commercial Paper Market Through Tokenization

New York, August 10, 2023 – Prontoblock, a leading digital asset fintech company, is pleased to announce its strategic partnership with Mercantile Bank International (MBI). This partnership aims to revolutionize the commercial paper market through the tokenization of these financial instruments. This partnership will empower MBI clientele to engage in the purchase and issuance of tokenized commercial paper using Prontoblock’s cutting-edge digital assets platform. Prontoblock will collaborate closely with issuers to identify the most suitable commercial paper instruments for tokenization. The outstanding value of U.S. commercial paper exceeded $1.25 trillion

Bridging Real and Virtual Economies

In an era where decentralized finance (DeFi) promises revolutionary, permissionless, and credit-check-free access to financial services, the limitations to its application lie in the narrow range of digital assets it encompasses. But industry pioneers are working to widen its scope by introducing real-world assets (RWAs) to the digital realm. For instance, in collaboration with the Hong Kong Monetary Authority (HKMA), Ripple is embarking on a research project to try and tokenize real estate. This venture was made public about seven weeks ago as part of a broader initiative, the digital

The Fight for Financial Freedom

As the grasp of regulators tightens on the global cryptocurrency market, exchanges such as KuCoin are being compelled to implement mandatory pre-purchase checks. In tandem, several prominent banks are limiting funds transferred to cryptocurrency exchanges under the guise of protecting customers from fraudulent activities. In the background, the Financial Action Task Force (FATF) is looming over these rapidly evolving regulations. The FATF underscores the significance of Know Your Customer (KYC), Know Your Business (KYB), Know Your Transaction (KYT), and Anti-Money Laundering (AML) regulations applicable to all financial transactions, cryptocurrencies included.

TapestryX Protocol Rated by the Government Blockchain Association (GBA)

Washington, DC – June 11, 2023 - TapestryX, a layer one blockchain solution, has achieved the venerated distinction of being rated as a Trusted Blockchain Solution for the Banking, Financial Services, and other industries. The Government Blockchain Association (GBA) conducted the evaluation using the highly regarded Blockchain Maturity Model (BMM) and the Banking & Financial Services Supplement. The comprehensive assessment involved a team of esteemed industry experts, including government Chief Information Officers, technology specialists, legal and regulatory professionals, and banking experts. Over several days, the team meticulously analyzed 11 elements

Rocket Raccoon: A Phenomenon of Memecoin Magic and the Pursuit of Financial Liberation

In the ever-evolving world of cryptocurrencies, a remarkable phenomenon has captured the imagination of both seasoned investors and enthusiasts alike. This captivating tale revolves around the rise of a viral memecoin, where a charismatic raccoon character named Rocket has taken centre stage. Welcome to the intriguing world of Degen RocketRacoon. Drawing inspiration from the Marvel Cinematic Universe, particularly the beloved Guardians of the Galaxy franchise, Degen RocketRacoon seeks to deliver an electrifying rush that crypto investors crave. Despite its stealthy launch, this audacious project has swiftly captured public attention, boasting

Crypto Chaos

Despite the second-largest bank failure in US history, the Federal Reserve continued its interest rate hike strategy last week. This caused markets to react by pricing in continued monetary tightening, pushing back their expectations of rate decreases to 2024. Some have perceived this move as necessary to combat inflation, even if it comes at the cost of breaking the banking sector. Unfortunately, this sober outlook suggests that the rest of the year may be marked by more sideways action in the markets rather than a steady recovery. Meanwhile, in the