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WEMIX3.0 welcomes Sygnum as Node Council Partner “WONDER 18”

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  • Sygnum will contribute its digital asset expertise and operational experience as a regulated bank to further enhance the reliability of the WEMIX3.0 Mainnet
  • The banking group will also participate in its protocol governance and contribute to the expansion of the WEMIX ecosystem

Leading global web3 developer Wemade is proud to announce that Sygnum, a global digital asset banking group, is joining the WEMIX3.0 Mainnet’s Node Council Partners as “WONDER 18”. The NCPs, known as 40 WONDERS (WEMIX On-chain Network of Decentralized Ecosystem Regulators), validate transactions and blocks on the blockchain, while maintaining connections with newly added nodes to ensure the stable operation of the Mainnet. Each new NCP, assigned a number between 1 and 40, plays a critical role in upholding the integrity and security of the WEMIX3.0 Mainnet.

Sygnum will contribute its digital asset expertise and operational experience as a regulated bank to further enhance the reliability of the WEMIX3.0 Mainnet, participate in its protocol governance and contribute to the expansion of the WEMIX ecosystem.

Sygnum is a global digital asset banking group, founded on Swiss and Singapore heritage. It empowers professional and institutional investors, banks, corporates and DLT foundations to invest in digital assets with complete trust. The Sygnum team enables this through institutional-grade security, expert personal service and a portfolio of regulated digital asset banking, asset management, tokenization and B2B services.

More information on Sygnum (www.sygnum.com) and 40 WONDERS (www.40wonders.wemix.com) can be found on their official websites.

About Wemade 

A renowned industry leader and innovator in game development, WEMADE is leading a once-in-a-generation shift as the gaming industry pivots to blockchain technology. WEMADE aims to accelerate the mass adoption of blockchain technology, and is building through its WEMIX subsidiary, an experience-based, platform-driven, and service-oriented mega-ecosystem that will offer access to a wide spectrum of intuitive, convenient, and easy-to-use Web3 services. www.wemade.com / www.wemix.com/communication 

Sky is a seasoned cryptocurrency expert with a passion for blockchain technology and digital finance. With years of experience in the crypto industry, he has authored insightful articles on market trends, emerging technologies, and investment strategies. His work has been featured in leading crypto publications, helping both beginners and seasoned investors navigate the complex world of digital assets. Sky is dedicated to providing readers with accurate, up-to-date information to make informed decisions in the rapidly evolving crypto space.

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Blockchain

Beyondi and Tokenis3 Collaborate to Transform Asset Tokenization

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Beyondi and Tokenis3 Collaborate to Transform Asset Tokenization

In a bold move to reshape the future of digital assets, Beyondi and Tokenis3 have joined forces to elevate real-world asset (RWA) tokenization to new heights. This strategic collaboration merges Tokenis3’s legal expertise in Regulatorily Enforceable Tokens (RET) with Beyondi’s innovative blockchain solutions, aiming to revolutionize security, compliance, and efficiency in the rapidly evolving digital asset space.

The Future of Digital Asset Innovation

RWA tokenization is not just changing how ownership is managed, it’s addressing some of the most pressing challenges in traditional asset ownership: illiquidity, high costs, and limited accessibility. Through their partnership, Beyondi and Tokenis3 are committed to accelerating these advancements.Central to this mission is Tokenis3’s Tokenization Assessment Report (TAR), a comprehensive evaluation framework that guarantees digital assets meet the most rigorous legal and technological standards. Beyondi strengthens this foundation with secure, scalable, and adaptable blockchain infrastructure designed to empower global businesses and institutions to thrive in the digital age.

Beyondi: Leading Blockchain Innovation Since 2015

Since its inception in 2015, Beyondi has been a spearhead in blockchain and emerging technologies. The company empowers founders, teams, and investors to navigate the complexities of the crypto market with confidence. Offering a wide suite of services, ranging from R&D venture building and advisory to incubation and fundraising, Beyondi seamlessly blends technical excellence with market insight to deliver transformative solutions across industries such as finance, healthcare, government, and entertainment.

Collaboration is at the heart of Beyondi’s approach. Using methodologies like Rapid Application Development (RAD) and Kanban, the team works closely with clients to deliver agile, innovative solutions. With expertise spanning IoT, Hyperledger frameworks, web and mobile development, and team augmentation, Beyondi is uniquely positioned to craft tailored, future-ready blockchain solutions.

Tokenis3: Redefining Secure and Compliant Tokenization

Tokenis3 emerges as a pioneer in digital asset assessment and tokenization, providing the essential trust and security that is lacking in today’s complex digital landscape. Their TAR establishes enforceable legal terms, ensures technological compliance, and prioritizes sustainability, a forward-thinking approach that sets them apart, offering a robust framework for both issuers and token holders. This approach enhances the credibility and security of tokenized assets, fostering trust and long-term engagement.

Shaping the Future of Asset Tokenization

The collaboration between Beyondi and Tokenis3 signals a new era for asset tokenization. By combining their respective strengths, the two companies aim to establish groundbreaking standards for security, transparency, and efficiency in the digital asset ecosystem. This partnership is not just about improving the present, it’s about responsibly shaping how assets are created, managed, and secured as the world moves forward in the digital age.

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Hashdex Unveils Innovative Dual Crypto ETF Targeting Bitcoin and Ethereum

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Hashdex Unveils Innovative Dual Crypto ETF Targeting Bitcoin and Ethereum

In a strategic move to capitalize on the growing interest in cryptocurrency investments, Hashdex has announced its plan to launch a new Hashdex Nasdaq Crypto Index US ETF, which will track both Bitcoin (BTC) and Ethereum (ETH).

On Tuesday, Nasdaq published the 19b-4 application for this groundbreaking ETF, marking a significant development in the crypto investment landscape. Unlike traditional ETFs that focus on a single cryptocurrency, Hashdex’s new offering aims to provide exposure to the two largest digital assets by market capitalization simultaneously.

The decision comes shortly after the SEC’s approval of Bitcoin Spot ETFs earlier this year and amidst ongoing evaluations of various 19b-4 applications for Ethereum Spot ETFs in May. This move positions Hashdex uniquely in the market, allowing investors to benefit from the potential of both BTC and ETH in a single investment vehicle.

Bloomberg expert Seyffart weighed in on the announcement, noting that a dual BTC and ETH ETF from Hashdex, weighted by market capitalization, is a logical progression in the evolving ETF landscape. While Hashdex opted not to pursue an Ethereum Spot ETF application alongside other major issuers, their focus on a hybrid ETF underscores their commitment to innovation and strategic diversification.

According to the application, the Hashdex Nasdaq Crypto Index US ETF will include cash holdings but refrain from incorporating additional cryptocurrencies. If approved, custodianship will be entrusted to industry leaders Coinbase and BitGo, with the SEC’s final decision expected by March 2025.

This initiative marks a significant milestone as the first US spot ETF application encompassing more than one cryptocurrency. Current plans allocate approximately 74% of the ETF’s portfolio to Bitcoin and 26% to Ethereum, reflecting the respective market capitalizations of these digital assets.

While similar investment products are already available in Europe, such as Bitpanda’s Bitpanda Crypto Index 5/10/25, which tracks the largest cryptocurrencies by market cap, Hashdex’s dual crypto ETF aims to provide US investors with a novel opportunity to diversify their crypto holdings within a regulated framework.

In summary, Hashdex’s innovative approach to launching a dual BTC and ETH ETF underscores the increasing integration of cryptocurrencies into traditional financial markets. As regulatory approvals progress, this ETF could pave the way for broader acceptance and adoption of digital assets among institutional and retail investors alike.

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Trader burns $340,000 in one minute with TrumpCoin

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Trader burns $340,000 in one minute with TrumpCoin

A Memecoin investor had to pay a heavy price for his mistakes. The trader lost over 340,000 US dollars in one minute. How the faux pas could have happened.

Memecoin Trader Loses Over $340,000 in a Minute Due to Fraudulent Transaction

A memecoin trader has reportedly lost more than $340,000 in less than a minute, according to the on-chain analysis service Lookonchain on X (formerly Twitter). The incident involved two transactions on Solscan, revealing a significant financial mishap.

On June 18, the trader attempted to exchange 2,500 SOL (approximately $342,000) for the newly launched TrumpCoin (DJT) using a trading bot. However, instead of receiving the legitimate DJT tokens, the trader was duped into obtaining 92,000 fake DJT tokens created by fraudsters. These fraudulent tokens were worth significantly less than the genuine ones.

The transaction took place through a “fake” liquidity pool on Raydium. This pool was not sufficiently funded and was filled with DJT tokens created by scammers. When the trader attempted to convert the DJT tokens back to Solana, the scam became evident. Unfortunately, by this point, it was too late, and the trader’s initial 2,500 SOL had dwindled to just under 5 SOL—a loss of over $340,000. For the fake DJT tokens, the trader received only $673.

The DeFi (decentralized finance) space is rife with such scams, where fraudsters set up fake liquidity pools to exploit traders’ mistakes. Some decentralized exchanges (DEXes) issue warnings to users about these scams, but trading bots typically do not provide such alerts. This lack of warnings is especially problematic with newly launched coins, where traders can easily fall into the trap of exchanging for the wrong tokens.

This incident highlights the perils faced by crypto investors beyond the usual price volatility. The affected trader remarked on X, “Life goes on,” reflecting a resigned acceptance of the loss.

Despite this unfortunate event, the world of memecoin trading has its success stories. Some traders have achieved remarkable profits in short periods. For instance, one trader became a millionaire in just five hours, while another made a profit of $9.5 million in ten days by trading the celebrity token MOTHER, associated with US rapper Iggy Azalea.

This stark contrast between potential gains and significant losses underscores the high-risk nature of the cryptocurrency market, particularly in the memecoin sector. Investors are reminded to exercise extreme caution and conduct thorough research before engaging in such trades.

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