After the collapse of the popular blockchain network Terra, developers have been trying to revive it; many reforms have already taken place to sustain the Terra Classic (LUNC and prevent further collapse). Terra Classic, the original blockchain, was forked to create Terra (LUNA). Among these reforms is a recent integration with Interchain Station. The news boosted the Terra Classic (LUNC) price. According to Jared, lead developer at Terraform Labs, more integrations and reforms are coming to Terra soon. The sudden crash of Terra LUNA sent a cascade effect across the…
Tag: Launch
Fasttoken, Official Crypto of Fastex, to Launch to the Public on January 18 – Sponsored Bitcoin News
sponsored Developed by technology giant SoftConstruct, Fasttoken (FTN) is the official cryptocurrency in the Fastex ecosystem and the native token of the Fastex Chain. Aside from passing two audits by independent third-party auditors, Fastex is a regulated virtual currency exchange and virtual currency wallet operator in Europe. Additionally, the company recently opened a first-of-its-kind physical NFT shop in Dubai. Meet Fasttoken, The Official Cryptocurrency of Fastex Developed and curated by leading technology giant SoftConstruct, Fasttoken is the official cryptocurrency of the Fastex ecosystem. The Fastex ecosystem consists of a variety…
Shiba Inu devs to launch Shibarium L2 network beta
The developers of the dog-themed token Shiba Inu (SHIB) posted an update to inform its community about its upcoming beta release of Shibarium — a layer-2 network that will run on top of the Ethereum mainnet. In the announcement, SHIB developers shared information about layer-2 blockchains. They highlighted that Shibarium is being developed to provide a tool to allow the community to build and grow the project and fulfill its founder’s vision. While some believe creating Shibarium is a way to increase the memecoins price, the developers noted that this wasn’t…
Rent the Runway Partners with Amazon to Launch Online Storefront
For Rent the Runway, collaboration with Amazon is a chance to increase its profitability as the company has been facing financial challenges since the pandemic time. Rent the Runway Inc (NASDAQ: RENT), a fashion company that provides women with the ability to rent designer clothing and accessories, has partnered with Amazon.com Inc (NASDAQ: AMZN) to launch a Rent the Runway Amazon Fashion storefront. The online service features a range of fashion merchandise from over 35 brands, including Tory Sport, Rag & Bone, Tibi, Sita Murt, and Kate Spade New York. Notably, the secondhand luxury…
Orange Financial to Launch Innovative Yield Farming Treasury – Stablecoin Rewards for NFT Holders
Orange Financial, a multi-chain yield farming treasury, is excited to announce its public mint date on February 1st, 2023. As the only NFT project to offer stablecoin rewards through yield farming to its holders, Orange Financial will revolutionize the world of yield farming and NFTs. Through its innovative approach, Orange Financial has created a basket of DeFi assets and farming opportunities to provide yield for its NFT holders. The Treasury takes care of all the compounding and harvesting on behalf of its holders and routes the returns back through USDC,…
Samsung Investment Arm to Launch Bitcoin Futures ETF in Hong Kong
When the ETF goes live, it will offer diversification and a means for investors to meet their demands. Samsung Asset Management, the investment arm of the financial services giant, has announced its plans to launch a Bitcoin Exchange Traded Fund (ETF) product, giving investors a new way to gain exposure to the digital currency. As reported by Cointelegraph, the proposed product, dubbed the “Samsung Bitcoin Futures Active ETF” is billed to float on January 13 and will be trading on the Hong Kong Stock Exchange. The proposed product will offer…
Apple May Launch Touchscreen Mac Laptop from 2025
Reports say that tech powerhouse Apple could soon release touchscreen versions of its Mac laptop lineup in 2 years. Apple (NASDAQ: AAPL) is mulling releasing a touchscreen version of its Mac laptop line in the near future. According to reports, the tech giant could release a touchscreen-enabled MacBook Pro laptop as early as 2025. This potential move marks a significant U-turn for Apple, which, on numerous occasions, previously described touchscreen laptops as ergonomically inferior. Former Apple CEO, the late Steve Jobs, once argued about the practicality of touchscreen laptops. According to…
Samsung investment arm to launch Bitcoin Futures ETF amid rising crypto interest
In Hong Kong, the bell rings for Bitcoin (BTC). Samsung Asset Management Hong Kong (SAMHK), a subsidiary of Samsung’s investment arm Samsung Asset Management, is set to list the “Samsung Bitcoin Futures Active ETF” on the Hong Kong stock market on Jan. 13. The move comes amid a surge in interest from both the government and institutional investors in the region. The Hong Kong Stock Exchange. Source: thetradenews.com The ETF, or exchange-traded fund, will track the spot price of Bitcoin by investing in Bitcoin futures products listed on the Chicago…
Taunt Battleworld Announces Launch of Black Magic NFT Collection – Press release Bitcoin News
press release PRESS RELEASE. Taunt Battleworld, a digital collectible competitive fighting game for the metaverse, will launch its next NFT collection, the Black Magic Collection, on January 14, 2023, exclusively on Magic Eden. These NFTs are ideal for gamers and enthusiasts interested in the fighting game genre featuring player-owned assets and various live tournaments. In addition, all fighters will also come with a decentralized artificial intelligence Brain from Altered State Machine. The ASM Brains are AI NFTs, which will power future utility in the game such as training, personality, and…
UK Nears Stablecoin Launch, Considers CBDC in Long Term
Griffith expects the stablecoin to lead up to the introduction of a CBDC. Following a meeting with the UK Parliament, the UK’s Economic Secretary to the Treasury has affirmed that the country will likely launch a stablecoin soon. Andrew Griffith stated this while speaking to the UK Parliament Treasury Committee about crypto assets on January 10. While emphasizing the country’s commitment to becoming a global crypto hub, Griffith said introducing a stablecoin would be the first step in the process. He noted that the stablecoin would be used for wholesale…