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On August 5th, iCrypto witnessed a significant sell volume of $1.66 million for the RWA token, $ONDO. Notably, $1.59 million of this came from the wallet 0x3737, known as “ThisWillMakeYouLoveAgain.” This trader initially bought $ONDO in the ~$0.25 range and sold a portion as the price doubled. However, he reinvested at the peak, buying in … Read more
MANTRA, a security-first RWA Layer 1 blockchain, is revolutionizing the industry by offering a permissionless blockchain tailored for permissioned applications. It provides built-in modules, SDKs, and APIs, enabling the creation, trading, and management of regulatory-compliant Real World Assets (RWAs). According to data from IntoTheBlock, an impressive 93% of $OM token holders are currently in profit. … Read more
As of July 2024, the Total Value Locked (TVL) for Real World Assets (RWA) in DeFi protocols has surged to an impressive $3.89 billion. This milestone underscores the growing integration of tangible assets into the DeFi ecosystem, effectively bridging the gap between traditional finance and decentralized finance. The market capitalization of all Real World Asset … Read more
The price of Real-world Asset (RWA) token ONDO surged nearly 14% in the past 24 hours. This spike followed the successful completion of a fund data tokenization pilot by DTCC and Chainlink, involving major U.S. banks, which has attracted significant whale investments. A new whale investor, identified by the address 0x803, has made substantial moves … Read more
The crypto market is witnessing a shift in focus towards themes like Artificial Intelligence (AI) and Real World Assets (RWA), with growing community interest observed over the past 6 months. While traditional topics like DeFi, NFTs, memecoins, and staking remain relevant, AI and RWA are gaining prominence as potential drivers of future market dynamics. Assets … Read more
On March 16, the protocol engineer at Makerdao and co-founder of the software and design firm Bellwood Studios, Hexonaut, announced a proposal to use real world assets (RWAs) in order to scale the decentralized finance (defi) protocol Makerdao. Hexonaut insists the bull market was good, but “the time is passing” and he believes Makerdao needs … Read more
