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Chainlink Underpins Balcony's $240B Real Estate Tokenization Platform

Balcony has unveiled an innovative real estate tokenization platform valued at $240 billion, leveraging Chainlink's technology to enhance security and efficiency. This platform aims to revolutionize the real estate industry by allowing for fractional ownership and trading of real estate assets. By using blockchain technology, the platform seeks to minimize barriers to entry for investors and streamline transactions, potentially transforming how real estate investments are approached. Security is paramount, and Chainlink's decentralized oracle network ensures that data used within the platform remains reliable and tamper-proof. Balcony's initiative highlights the growing intersection of real estate and blockchain technology, as this tokenization could lead to increased liquidity and better access to investment opportunities for a broader audience.

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Bitwise's Solana ETF Draws $69.5M on Debut, Outpacing Rival Fund's Launch

Bitwise Asset Management's newly launched Solana ETF, BSOL, achieved $69.5 million in inflows on its debut Tuesday, significantly outperforming its rival, the Rex-Osprey Solana Staking ETF, which garnered $12 million. BSOL's strategy of direct staking positions it favorably, allowing it to provide a full staking

DeFi News: sUSDe Loop Trades Worth $1B at Risk

The recent Bitcoin crash on October 10 has jeopardized nearly $1 billion in DeFi positions involving Ethena's staked USDe (sUSDe), according to a report from Sentora Research. Following the market downturn, yields on leveraged strategies such as the sUSDe loop trade have turned negative. This strategy typically involves

Asia Morning Briefing: BTC Holds Ground as Traders Sit on Stablecoins Before Fed Decision

In early Asia trading, Bitcoin steadied around $112,100, reflecting a slight 1.8% decrease over the past 24 hours but a notable 3.4% increase for the week. Traders are notably cautious ahead of the Federal Reserve's impending rate decision. Gold has dipped to a three-week low

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