Cardano and MultiversX Join Web3 Innovation Initiative in Geneva with Launch of Lightningbox

Blockchain services provider STORM Partners made a major announcement during the Web3Fest, along with Cardano (ADA), MultiversX, and other major projects in the crypto space. During the event in Switzerland’s “Crypto Valley,” the company unveiled “Lightningbox,” a new Web3 Sandbox, and relocated its headquarters from Montreux to Geneva.  The initiative aims to enable large enterprises in Europe to harness the potential of blockchain technology and lead their digital transformation efforts. STORM Partners Joins Cardano (ADA) To Accelerate Blockchain Adoption The Lightningbox initiative seeks to facilitate the widespread adoption of blockchain…

Record Week With $69M As ETFs Near Trading Launch, What’s Next?

Following the recent price spike that brought Ethereum (ETH) close to the $4,000 mark, the second-largest cryptocurrency has experienced inflows and renewed market enthusiasm. This comes in response to the US Securities and Exchange Commission’s (SEC) approval of Ethereum ETF applications by major asset managers. Best Week For Ethereum Since March  According to a report by CoinShares, digital asset investment products have witnessed a total of $2 billion inflows, contributing to a five-week consecutive run of inflows amounting to $4.3 billion.  Additionally, trading volumes in exchange-traded products (ETPs) have risen…

Bitcoin Firm Unchained Partners With University of Texas to Launch $5 Million Bitcoin Endowment Fund

The financial services firm Unchained and the University of Texas have partnered to launch a long-term endowment fund in bitcoin (BTC). Joseph Kelly, CEO and co-founder of Unchained, set the ball rolling with a personal donation of two bitcoins. The bitcoin financial services firm also intends to connect UATX faculty and their research with key […] Original

Bloomberg analyst predicts June launch date for spot ETH ETFs

Eric Balchunas, a senior Bloomberg ETF analyst, has predicted that the launch of spot Ethereum ETFs could occur by late June. The latest forecast follows BlackRock’s recent amendment to its Form S-1 filing for the iShares Ethereum Trust, submitted to the Securities and Exchange Commission (SEC) on May 29. This update came nearly a week after the SEC approved BlackRock’s 19b-4 filing, both essential steps for the ETF to commence trading. “Good sign. [Probably] see rest roll in soon,” Balchunas stated in a May 29 X post. Balchunas indicated that…

Iconic Auto Brand DeLorean Partners With Web3 Agency Otherlife to Launch Digital Marketplace

On May 30, the renowned auto brand DeLorean, made famous in the iconic film “Back to the Future,” revealed a collaboration with Web3 creative agency Otherlife, a branch of Moonpay. Together, they aim to launch a groundbreaking marketplace where DeLorean enthusiasts can purchase, sell, and exchange vehicle reservation build slots. Web3 Agency Otherlife and Auto […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Blackrock Advances Spot Ether ETF With SEC Amendment, Analyst Eyes June Launch

The world’s largest asset manager, Blackrock, has updated its S-1 registration statement for the Ishares Ethereum Trust, which will be listed as “ETHA.” According to the update, ‘Seed Creation Baskets’ were acquired by the fund’s ‘Seed Capital Investor.’ Furthermore, several spot ether exchange-traded fund (ETF) applicants now have their respective tickers listed on the Depository […] Source BitcoincryptoexchangeExchanges CryptoX Portal to Launch Web3 Debit Card “V-Card” is excited to announce the forthcoming launch of V-Card, which will enable anyone to spend their cryptocurrency, just like cash, anywhere Mastercard® is accepted. The waitlist is live now at where you can sign up for the chance to win a free V-Card. V-Card: Transforming Crypto Spending V-Card is a prepaid debit card […] Original

Mastercard Expands Crypto Reach With P2P Platform Launch Across 13 Countries

Mastercard has announced the launch of a peer-to-peer (P2P) platform for cryptocurrency users in Europe and Latin America. This initiative allows users on supported exchanges to send and receive cryptocurrencies using Mastercard Crypto Credential aliases, streamlining the transaction process.  Mastercard Crypto Credential Pilot  As announced on Wednesday, the platform extends its services to users in Argentina, Brazil, Chile, France, Guatemala, Mexico, Panama, Paraguay, Peru, Portugal, Spain, Switzerland, and Uruguay, enabling them to conduct cross-border and domestic transfers across multiple currencies and blockchains.  This expansion is further boosted by including Foxbit,…

Aave Network Set to Launch Following Aave V4 Protocol

In a recent social media post, Stani Kulechov, the founder of Aave, announced that the Aave Network is expected to launch following the completion of the Aave V4 protocol. This development is eagerly anticipated by the defi community, as the Aave Network is projected to become one of the largest Layer 2 networks on Ethereum, […] Source CryptoX Portal

Marine Moguls ERC-404 Launch with $2.9 Million in Prizes for Token Holders – Blockchain News, Opinion, TV and Jobs

Seoul, South Korea, May 25th, 2024, Chainwire Marine Moguls has launched on the ERC-404 protocol, introducing a new approach to digital asset management. The project features $2.9 million in prizes linked to over 25% of the tokens, providing $MOGUL owners a potential chance to win prizes, including 100,000 USDT and 50,000 USDT, along with staking rewards. $MOGUL Contract: 0x0c9bb15b32334bDAA7Ad319FA356Dd3E8e184564 NFT Marketplace:  Key Features of Marine Moguls Marine Moguls isn’t just another token and NFT launch; it’s an innovative ecosystem that rewards $MOGUL holders with prizes and benefits. Holders can…