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Showing posts with the label launch

Ripple CEO Says Stablecoin Launch is 'Very Close'

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In a recent interview, Ripple CEO Brad Garlinghouse has assured that its stablecoin launch is “very close.” The highly anticipated RLUSD stablecoin has always been poised to launch in 2024. Now, Garlinghouse has said that that very launch date is a mere weeks away. The year has been an up-and-down one for the company. Although its years-long legal battle with the US Securities and Exchange Commission (SEC) has come to an end, its XRP native token has struggled throughout August. There are hopes that the incoming stablecoin could revitalize sentiment around the ecosystem. Also Read: Ripple Says 2025 is a Breakthrough Year: What it Means for XRP Ripple CEO Says Stablecoin Launch is “Weeks” Away Heading into 2024, Ripple was on a short list of cryptos with immense potential. That has not been the case at the year’s midpoint, but things are certainly looking like they are poised to turn around. A big part of that may be interest derived from one of the year...

New liquid staking protocol for the Flare blockchain launches in private beta

Sceptre, a new liquid staking protocol for the ‘ blockchain of data’, Flare, has launch ed in private beta. Designed to maximize FLR yield, Sceptre will enable users to use their tokens in DeFi protocols while also continuing to claim native Flare rewards and monthly FlareDrops. The Sceptre protocol has been developed by Rome Blockchain Labs (RBL), who are simultaneously building the lending and borrowing platform Kinetic. The two protocols will function hand in hand to help maximize the functionality of the FLR token. Flare, which is billed as the blockchain for data, has three native reward mechanisms: Staking to infrastructure providers to support network consensus and security Delegating to the Flare Time Series Oracle to support the delivery of decentralized data to the network Receiving monthly FlareDrops for network participation. Hugo Philion, co-founder of Flare, welcomed Sceptre to the ecosystem: “The Flare tokenomics, and...

Binance lists Ronin (RON) as Pullix (PLX) eyes beta launch

Binance announced it would list Ronin (RON) on February 5, 2024. Pullix has revealed major updates, including its registration as an exchange provider. PLX token presale has reached stage 7, which means Pullix is on track for its beta launch and market debut. Ronin (RON), the native token of the Web3 Gaming platform Ronin Network, is among tokens seeing significant price action today. The increased activity around the cryptocurrency comes as major crypto exchange Binance announced the listing of the RON token. Elsewhere, investors are fully focused on the upcoming launch of hybrid exchange Pullix (PLX) , whose token sale is currently in stage 7 of 8. The latest updates from the Pullix team have the community extremely excited. Binance announces Ronin (RON) listing Binance announced on Monday that it will list Ronin (RON) at 13:30 UTC on February 5, 2024. According to the exchange, spot trading pairs available to traders will be RONIN/BTC, RONIN/USDT, RO...

Binance’s 44th launchpad token Manta slated for multi-exchange rollout

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Manta network’s native crypto MANTA will launch across major exchanges on Jan. 18, including Binance, Bybit, and Kucoin. The cryptocurrency was also announced as the 44th token on Binance’s launch pad, allowing users to farm the token provided they stake BNB and stablecoin FDUSD.  Per a Jan. 15 blog post, the pool will be open for two days from Jan. 16, and participants will be able to farm a stash of 30 million MANTA token s, around 3% of the maximum supply and about 25% of its initial circulating supply.  Manta may garner interest from crypto traders as did Xai (XAI), a layer-3 gaming project also debuted on Binance’s launch pad. XAI achieved an all-time high after listing on the platform, although a significant price decline followed in the days after. You might also like: Manta Network transitions to Polygon CDK The Manta network touts itself as a novel multi-modular blockchain that supports zero-knowledge applications and is Ethereum Virtual machine-compa...

Coinbase launches spot trading for non-US institutional clients

Coinbase has announced the launch of non-US spot markets for institutional investors. Eligible non-US institutional investors will access BTC/USDC and ETH/USDC as from December 14, 2023 on Coinbase International Exchange. The exchange plans to expand the product to retail investors in coming months. Crypto exchange Coinbase has announced an expansion of its non-US spot markets offering for institutional investors. Coinbase expands non-US spots markets to institutional investors In an announcement published December 13, the US-based crypto platform said it had launch ed spot trading markets for Bitcoin and Ethereum for eligible institutional clients using the Coinbase International Exchange.  The assets will be traded against USDC, with BTC/USDC and ETH/USDC available as from Thursday, December 14. Non-US institutional customers will be able to access these pairs via API. We are excited to announce the next phase of our Coinbase International E...

IOTA reaches 10-month highs following $100m foundation launch

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The native token of the IOTA distributed ledger ecosystem, also called IOTA, witnessed a sudden rally follow ing the announcement of the new IOTA Foundation in the United Arab Emirates (UAE). IOTA is up by 35% in the past 24 hours and is trading at $0.236 at the time of writing. The asset reached a 10-month high of $0.285 shortly after the big announcement. IOTA’s market cap is currently standing at around $720 million with a daily trading volume of $773 million. IOTA price, social volume and total open interest – Nov. 30 | Source: Santiment Despite the recent rally, IOTA is still down by 95% from its all-time high of $5.69 on Dec. 20, 2017.  You might also like: Pando Asset officially files for spot Bitcoin ETF with the SEC On Nov 29, IOTA announced the launch of the $100 million distributed ledger technology (DLT) foundation regulated with the Abu Dhabi Global Market, called the IOTA foundation .  IOTA is the first #DLT Foundation regulated with ...

Lumoz to launch StableNet on Polygon and Celestia

Lumoz (formerly Opside) announced its plans to launch StableNet, a ZK-Rollup able to connect with Ethereum Virtual Machine (EVM) with unique Features . The launch is set for December, and the announcement happened during a cohosted event with Polygon (MATIC) called RaaS Day. The Polygon team certified Lumoz as a ZK-RaaS platform. A ZK-RaaS is a service that develops ZK-Rollups (second-layer solutions) in a few clicks without the need to interact with code interfaces.  Notably, Lumoz’s StableNet will run on both the Polygon Chain Development Kit (CDK) and the Celestia Data Availability (DA). Polygon CDK enables developers to build ZK-powered layer-2 solutions, while Celestia DA is a modular blockchain that allows integrations with multiple roll-ups and Ethereum-based decentralized applications (DApps). StableNet features According to a document shared by Lumoz with Finbold on November 21, StableNet is a “curring-edge ZkEVM built on Ethereum (ETH).” The launch ing company also...

Dogecoin soars as Astrobotic wants to launch physical DOGE to Moon in 2024

A space company will send a physical Dogecoin to the Moon in the DHL Moonbox. A Pittsburgh-based space company, Astrobotic Technology Inc., will send a physical version of Dogecoin (DOGE) to the Moon in late December 2024. It is a part of the initiative funded by the Dogecoin community back in 2015. Dogecoin On The Moon Update Exciting news for the Dogecoin community! Astrobotic plans to send a physical Dogecoin to the moon in the DHL Moonbox via ULA's Vulcan Centaur Rocket on 12/23/2023. Funded by our community in 2015, this mission embodies collective effort! pic.twitter.com/QESz4ikHln — Dogecoin (@dogecoin) November 16, 2023 According to Dogecoin’s X account, the meme coin will be sent in the DHL Moonbox with United Launch Alliance’s Vulcan Centaur Rocket. The mission is scheduled for launch from Space Launch Complex-41 at Cape Canaveral Space Force Station, Florida, on Dec. 23, 2023. After the news broke, DOGE price rallied 8.7%, reaching $0.079, acco...

First tokenized security launched on Coinbase’s Base protocol

The first tokenized security of the protocol was just launched on Coinbase’s scalability layer Base. Decentralized finance (DeFi) startup Backed.fi announced today that it has issued the first tokenized security on Base – bIB01, a tokenized short-term US treasury bond ETF. This launch transaction marks the first tokenized real-world asset (RWA) on Base, Coinbase’s layer 2 network built for scalable applications. Backed is utilizing Base to tokenize financial assets like ETFs and make them freely transferable across wallets while remaining fully collateralized. bIB01 tracks the iShares $ Treasury Bond 0-1yr UCITS ETF and operates under the Swiss DLT act. Base offers a low-cost, Ethereum virtual machine compatible environment optimized for developers looking to build scalable on-chain applications. Backed has been preparing for Base’s mainnet launch to ensure its tokenize d RWAs can be seamlessly integrated. You might also like: What is Base? Unpackin...

Nasdaq halts launch of cryptocurrency custody service

Nasdaq said it remains committed to the digital asset business development and will be monitoring the market events in the near future. Global securities marketplace Nasdaq is halting the launch of its own cryptocurrency custody that it previously planned to roll out by the end of the second quarter 2023. Nasdaq has suspended the launch of its digital asset custody business because of regulatory risks in the United States, CEO Adena Friedman announced during the Q2 results call. “This quarter, considering the shifting business and regulatory environment in the United States, we have made the decision to halt our launch of the U.S. digital assets custodian business and our related efforts to pursue relevant license," Friedman stated. Nasdaq CEO still emphasized that the company remains committed to digital asset business development, stating: "We continue to build and deliver technology capabilities that position Nasdaq as a leading digital assets software solutions provi...

Europe’s first bitcoin ETF launches after delaying for a year

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Jacobi Asset Management, a London-based asset investment platform, is ready to launch Europe’s first bitcoin exchange-traded fund (ETF) after a year of delays. The bitcoin ETF was originally announced to list on Euronext Amsterdam in July 2022 but was postponed due to the timing not being right in the market. Bitcoin ETF back on track in Europe The bitcoin ETF was initially approved by the Guernsey Financial Services Commission (GFSC) to launch in October 2021, granting it the ability to trade on traditional stock markets in jurisdictions outside of the United States. The asset manager’s launch announcement was delayed due to the terra (LUNA) crash in May 2022 and FTX’s collapse in November 2022. However, the fund is now on track to launch this July as demand has shifted. FT: Jacobi Asset Management announced that its bitcoin ETF will be list on Euronext Amsterdam this month and said that it is the Europe’s first bitcoin exchange traded fund (ETF). In practice, a...

Robinhood launches fiat-to-crypto on-ramp for self-custody wallets and DApps

Robinhood Markets announced the launch of its new ‘Robinhood Connect’ service and numerous updates to its app. The launch of ‘Robinhood Connect,’ a fiat-to-crypto on-ramp featuring support for decentralized applications (DApps) and self-custody wallets, was announced at Consensus 2023 on April 27. Introducing our latest investment in crypto, Robinhood Connect: https://t.co/SmENSYufBA A low-cost, on-ramp for customers, and a seamless integration for developers. Learn more: https://t.co/rnBnR0LYww pic.twitter.com/6uSIAJkudO — Robinhood (@RobinhoodApp) April 27, 2023 Positioned as a competitor to similar services such as Coinbase Pay and MoonPay, Robinhood Connect essentially allows users purchase and sell cryptocurrency directly to and from their self-custody wallet or natively in DApps using a credit or debit card. Robinhood Connect Features integration with Web3 projects as developers can embed the service directly into applications. This allows customers to access their Robinhood ...

Polygon tables late-March launch date for its zkEVM Mainnet Beta

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The Ethereum scaling solutions provider is preparing to launch its long-awaited Ethereum Virtual Machine roll-up technology. The long-awaited scaling upgrade from Ethereum layer-2 solution provider Polygon (MATIC) has been announced, with the Beta launch of its zero-knowledge Ethereum Virtual Machine (zkEVM) mainnet slated for Mar. 27. In a Feb. 14 blog post, Polygon said after three and a half months of "battle testing," the system will be ready for the mainnet next month. Roses are red Violets are blue Poems are hard Mainnet Beta is here ON MARCH 27, Polygon #zkEVM launch es the future of Ethereum scaling https://t.co/OqSOYTn8Uv pic.twitter.com/kpXavea3ff — Polygon (@0xPolygon) February 14, 2023 It's been touted as “seamless scaling for Ethereum," and was launch ed as a testnet in December last year. The development of the zk-Rollup scaling technology has been ongoing for the past three years. During that time, the Polygon zkEVM system has hit several milestone...