Tag: Launch

Polygon to Launch Heimdall v2 Hard Fork on Thursday

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Polygon is set to deploy its most complex hard fork to date on Thursday, upgrading its proof-of-stake blockchain with a new consensus layer dubbed Heimdall 2.0. In an X post, Polygon Foundation CEO Sandeep Nailwal said the upgrade enhances the backbone of Polygon’s proof-of-stake (PoS) blockchain. It will replace legacy components dating back to 2018 and 2019 with newer infrastructure.  “This is the most technically complex hard fork Polygon PoS has seen since its launch in 2020,” Nailwal wrote, adding that it will improve finality, user experience and the network’s…

Crypto.com Teams Up With Emirates to Launch Crypto Payments

Key Notes Emirates is partnering with Crypto.com to allow crypto payments. The partnership is expected to increase the use cases of cryptocurrency in the region. Dubai strengthens its position as a blockchain and digital asset innovation hub. Emirates, a leading global airline, has partnered with cryptocurrency exchange and payments platform Crypto.com to enable crypto payments for its services. The two companies have signed a memorandum of understanding (MoU) to integrate Crypto.com Pay into Emirates’ payment infrastructure. Implementation is expected to begin next year, making sure the new feature upholds security…

OpenSea Acquires Rally to Launch Mobile App for NFT and Token Trading

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OpenSea acquired Rally, a mobile-focused Web3 platform, to bring token and NFT trading to mobile devices. The acquisition, announced Tuesday, signals OpenSea’s push to develop a mobile-first platform for trading digital assets. “Buckle up. The future of NFT and token trading fits in your pocket,” OpenSea wrote on X. According to Rally, users can expect a new OpenSea mobile experience “later this year.”  Rally co-founders Chris Maddern and Christine Hall will join OpenSea’s leadership team. The duo will bring Rally’s mobile ad token trading expertise into the platform, and Maddern…

Polygon’s POL Token Rallies Ahead of Heimdall v2 Mainnet Launch

Key Notes POL is up 5.5% daily and 9% weekly amid optimism. Heimdall v2 mainnet migration set for July 10, 2025. The upgrade promises faster finality, safer bridging, and a smoother user experience. After weeks of sideways movement in June, Polygon’s native POL token has finally begun to show signs of strength. At the time of writing, POL POL $0.19 24h volatility: 1.8% Market cap: $1.68 B Vol. 24h: $54.78 M is trading near $0.1952 with a 5.5% daily increase and a 9% rise over the past week. This rally…

Pakistan Approves Launch of a New Crypto Regulatory Body

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Pakistan’s federal government has launched the Pakistan Virtual Assets Regulatory Authority (PVARA), a new body tasked with overseeing the country’s digital asset industry. According to a Tuesday report by English-language local news outlet Dawn, PVARA will operate as an independent regulator tasked with licensing, monitoring and supervising virtual assets service providers. It will also ensure compliance with international standards, including alignment with guidelines from the Financial Action Task Force (FATF). The report follows a late May announcement by Pakistan’s Ministry of Finance, which endorsed the creation of the new regulatory…

Bots Launch Majority Of Tokens On Pump.fun, LetsBonk

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Automated bots are likely behind most tokens that launch on the memecoin creation tools Pump.fun and LetsBonk, says an executive at crypto exchange Coinbase. “The great majority of tokens launched on PumpFun and LetsBonk are today run by bots,” Coinbase head of product Conor Grogan posted to X on Monday. He shared a chart with data showing that the top accounts on LetsBonk had, on average over the last day, launched “one new token every 3 minutes.” Source: Conor Grogan LetsBonk is a Solana-based token creation platform that launched in…

Ethereum Price Hits Support – Can It Launch a Fresh Move Higher?

Ethereum price started a fresh increase above the $2,520 zone. ETH is now correcting some gains and might aim for a fresh move above $2,580. Ethereum started a fresh increase above the $2,520 level. The price is trading below $2,550 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2,530 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains supported above the $2,520 zone in the near term. Ethereum Price Revisits…

Babylon unveils 2025 roadmap with Bitcoin multi-staking and EVM mainnet launch

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Babylon Genesis is set to roll out testnets for multi-staking and EVM support this summer, with both features scheduled to go live on mainnet in Q4 this year. The Bitcoin (BTC) staking protocol Babylon Genesis has unveiled its 2025 roadmap, outlining a series of milestones that will mark the completion of Babylon’s core staking infrastructure and open the door to BTCFi-native applications such as lending, trading, and stablecoins. This summer, the protocol will launch testnet support for multi-staking, allowing a single BTC position to secure multiple networks simultaneously. The initial…

US SEC Halts Full Launch of Grayscale Digital Large Cap Fund

Key Notes After approving the Grayscale Digital Large Cap Fund (GDLC), the SEC has paused trading for the fund. Analysts believe the SEC intends to establish guidelines for crypto ETFs before proceeding with Grayscale’s application. There are suspicions that the conflicting guidance is a matter of internal politics at the SEC. The United States Securities and Exchange Commission (SEC) will not be taking any action on Grayscale’s Exchange Traded Fund filing for Solana SOL $153.0 24h volatility: 3.2% Market cap: $81.82 B Vol. 24h: $5.18 B , XRP XRP $2.28…

Peter Thiel and Billionaire Consortium To Launch New Bank Serving Cryptocurrency Startups: Report

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PayPal co-founder Peter Thiel and a handful of other tech billionaires are reportedly launching a new bank partially dedicated to serving crypto startups. According to a new report from Financial Times, Thiel and other investors – such as the CEO of military contracting company Anduril – to create a bank called Erebor, which references to popular fantasy series The Lord of the Rings. FT says the billionaires intend for the bank to serve crypto startups and take the place of Silicon Valley Bank (SVB), a crypto-friendly bank that ended up…