RWA Platform Swarm Markets Partners with OrdinalsBot to Offer Gold Bullion Investments on the Bitcoin Network
On October 17, CoinDesk reported that Swarm Markets, a real-world asset (RWA) platform licensed by German regulator BaFin, has partnered with OrdinalsBot to offer gold bullion investments on the Bitcoin network.Swarm and OrdinalsBot's service involves embedding satoshis with unique gold kilo bar serial numbers, thus enabling them to be traded on Bitcoin's Ordinals protocol.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Rio Tinto ADR plunges over 4%: Rockfall incident at Mongolia's Oyu Tolgoi copper mine halts underground operations
The accident resulted in injuries to 15 workers, with no fatalities reported so far. According to US media, the mine has temporarily suspended its underground operations. Oyu Tolgoi is one of the world's largest copper mines and a key source of future copper production growth for Rio Tinto. The impact of the accident on the mine's recovery schedule and copper output is still under assessment. On Thursday, Rio Tinto ADRs saw their losses widen to as much as 4.3%, reaching a new low since March; New York copper prices fell by 1%, briefly bouncing after the news before resuming their decline.
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