Tag: Launch

Pyth to Launch Reserve Using Buybacks from DAO Treasury Funds

boss

The Pyth Network, a blockchain oracle provider, said it will convert a portion of its revenue into PYTH token purchases as part of a reserve strategy. In a Friday blog post, Pyth said the tokens it buys on the open market with one-third of the protocol’s revenue through its decentralized autonomous organization (DAO) would constitute the network’s reserve. The network said the strategy was designed to increase revenue and token purchases. “[I]t’s time to rewrite the market data economy on a global level,” said Pyth. Source: Pyth The price of…

Norway Steps Back From CBDC Launch as Norges Bank Pauses Plans

boss

Norges Bank, the central bank of Norway, concluded that introducing a central bank digital currency (CBDC) is “not warranted at this time,” marking a clear signal that the country is reconsidering the urgency of retail and wholesale CBDCs. The central bank said Wednesday that Norway’s existing payment system already offers secure, efficient and low-cost transactions, reducing the need for a CBDC in the near term. Still, the bank remains open to launching a CBDC in the future.  “Norges Bank has concluded that introducing a central bank digital currency is currently…

State Street and Galaxy To Launch Tokenized Sweep Fund On Solana In 2026

boss

State Street Investment Management and Galaxy Asset Management are joining forces with Ondo Finance on a tokenized liquidity fund that pushes cash “sweep” balances directly onto public blockchains, opening up a source of potential 24/7 onchain liquidity. The planned State Street Galaxy Onchain Liquidity Sweep Fund, or SWEEP, is designed to take in and pay out PayPal’s (PYUSD) stablecoin for accredited investors, the companies said Tuesday. Ondo is expected to seed the fund with $200 million, tying a major tokenized real-world asset (RWA) issuer directly into State Street’s tokenization stack.…

ADA Price Rises 10% After Midnight Launch

Key Notes Analysts say the recent ADA price breakout could open a path toward another 56% upside to $0.67. ADA’s 4-hour chart shows an inverse head-and-shoulders pattern, supported by a bullish MACD crossover. Cardano founder Charles Hoskinson praised the launch of Midnight, calling it the most significant event in the project’s history. Cardano’s native cryptocurrency ADA ADA $0.47 24h volatility: 5.8% Market cap: $17.06 B Vol. 24h: $1.48 B has been dominating the broader crypto market rally. The ADA price is up 10% in the last 24 hours and is…

Ethereum ETF Flows Plunge To Worst Month Since Launch

boss

Ethereum’s momentum in institutional markets just hit a major roadblock. After months of enthusiasm surrounding spot Ethereum exchange-traded funds (ETFs), new data has shown that ETF flows have sunk to their worst monthly total since their launch. The sharp drop reflects a broader cooldown in investor demand, as market volatility and shifting risk appetite weigh on crypto allocations. Will Staking ETFs Emerge To Stabilize Flows? In an X post, a crypto analyst known as Milk Road revealed that the Ethereum ETFs had just printed their worst month on record since…

France’s BPCE to Launch In-App Trading for BTC, ETH, SOL and USDC

boss

French banking heavyweight BPCE is preparing to introduce crypto trading to millions of its retail customers, making it one of the first major traditional European banks to offer digital assets. According to a report from The Big Whale, the group will allow users to buy and sell Bitcoin (BTC), Ether (ETH), Solana (SOL) and USDC (USDC) directly inside its Banque Populaire and Caisse d’Épargne mobile apps starting Monday. The initial rollout will cover clients of four regional banks, including Banque Populaire Île-de-France and Caisse d’Épargne Provence-Alpes-Côte d’Azur, reaching roughly 2…

Western Union to Launch Stable Card, Issue Its Own Coin

boss

Western Union has unveiled plans to introduce a new “stable card” to protect users in high-inflation economies as part of its stablecoin strategy. Speaking at the UBS Global Technology and AI conference, chief financial officer Matthew Cagwin said the initiative builds on the company’s investor-day reveal that it is moving beyond traditional cross-border payments and into a multi-pillar digital asset roadmap. Cagwin pointed to Argentina, where annual inflation recently hit 250–300%, noting that remittances can lose nearly half their value in a month. “Imagine a world where your family in…

NEAR, ADI Launch TravAI, an AI-Based Travel Booking Platform

Key Notes TravAI enables users to book trips through AI concierge conversations that autonomously search, plan, and complete payments across chains. The platform processes transactions on ADI Chain layer-2 and accepts BTC, ETH, SOL via NEAR Intents cross-chain protocol. NEAR price trades bearishly at $1.67 despite partnership momentum with Brave browser and Kalshi prediction markets integration. NEAR Protocol and ADI Chain have partnered to launch TravAI, a travel booking platform powered by AI agents and intent-based operations. The platform lets users tell an AI concierge where they want to go…

Ex-Signature Bank Executives Launch Blockchain Bank N3XT

A group of former executives from the collapsed crypto-friendly Signature Bank has launched a new blockchain-based, state-chartered bank called N3XT, with the goal of enabling instant 24-hour payments. N3XT said on Thursday that it aims to settle payments instantly at any time using a private blockchain and offers programmable payments through smart contracts. The company added that its systems have been designed for interoperability with stablecoins, utility tokens, and other digital assets. Signature Bank founder ​​Scott Shay founded N3XT, which will operate under a Wyoming Special Purpose Depository Institution (SPDI)…

Chainlink Approaches Key Breakout Levels as ETF Launch Triggers Market-Wide Buzz

boss

Chainlink (LINK) is once again in the spotlight across the cryptosphere after the launch of the first U.S. Chainlink-focused ETF sparked a sharp price rebound and renewed institutional interest. LINK surged more than 20% in 24 hours, trading around $14.4 as volumes and market participation accelerated. Related Reading Chainlink ETF Launch Sparks Strong Market Reaction Grayscale launched the GLNK ETF on December 2, converting its previous private Chainlink trust into a publicly traded product on NYSE Arca. The ETF opened with zero fees and recorded more than 1.17 million shares…