Tag: Launch

Buy the rumor, sell the news? Chainlink (LINK) price drops after staking launch

boss

Chainlink has a busy start to December when it comes to development launches. The Chainlink (LINK) staking program opened up for early access on Dec. 6 and will expand access on Dec. 8.  According to Chainlink, staking will further secure the project’s node ecosystem and alerting mechanism: “Stakers gain access to staking rewards for securing the network through timely and valid alerts, and in the future, for slashing and loss protection.” Historically, mainnet launches and staking incentives stir up a flurry of blockchain activity and data from on-chain analytics firm…

Warner Music, Polygon and LGND.io partner to launch Web3 music platform

boss

E-commerce and interactive platform builder LGND.io has announced a multi-year partnership with blockchain network developer Polygon and global entertainment company Warner Music Group to create a Web3 music platform called LGND Music.  LGND Music, scheduled to launch in January 2023, is designed to be a music and collectibles platform that supports “digital collectibles from any blockchain in a proprietary player,” thereby making it possible for users to play their digital collectibles on the go. The partnership will allow select Warner Music Group artists to launch digital collectibles on both the…

MEXC’s Changing for You – The 1st Exchange to Launch a Zero Maker Fee Event for Futures Orders

Place/Date: – December 6th, 2022 at 2:51 pm UTC · 2 min read Contact: Jenny Sun, Source: MEXC In September of this year, blockchain media outlet, Cointelegraph, reported that cryptocurrency trading platform MEXC has ranked as the world’s top liquidity provider. Recently, MEXC announced the growth of its contract businesses, and its average daily trading volume has reached an increase of 1,200%. ‘Users first, MEXC’s Changing for you’ has always been the service philosophy that MEXC adheres to. The ‘Zero Maker Fee’ Event is set to launch to give back…

Metallica issues crypto scam alert before the 72 Seasons album launch

boss

It’s quite evident that bad actors have left no stone unturned as legendary metal band Metallica warned fans against crypto giveaway scams right before their highly anticipated launch of its new album, 72 Seasons. Cashing in on the buzz around Metallica’s new album launch and upcoming tour, scammers have started targeting metalheads through social media impersonation. Metallica, however, was quick to point out “the ugly side of social media,” asking fans to steer away from Metallica Crypto giveaways, stating: “Let’s be as clear as possible. [Metallica crypto giveaways] are scams.”…

Pakistan Set Up New Laws to Fastrack CBDC Launch

Pakistan is intensifying efforts to launch its CBDC and has issued a timeframe within which it’ll achieve its aim. Pakistan might be the latest in a long list of countries looking to harness the potential of using central bank-issued digital currencies (CBDC). This follows after it announced new regulations in hopes that they will ensure a successful CBDC launch by 2025. Pakistan Approves New EMI Laws, Eyes CBDC Launch As part of its efforts in this regard, the first aspect that Pakistan is looking to secure is the time frame…

Pakistan launches new laws to expedite CBDC launch by 2025

boss

Regulators worldwide see central bank digital currencies (CBDCs) as a way to enhance fiat capabilities by inheriting the financial prowess of technologies that power cryptocurrencies. Pakistan joined this list by announcing new regulations to ensure the launch of an in-house CBDC by 2025. The State Bank of Pakistan (SBP) signed in new laws for Electronic Money Institutions (EMIs) — non-bank entities offering digital payment instruments — to ensure the timely issuance of a CBDC in the next three years. The World Bank helped Pakistan design the new regulations, according to…

FTX US ex-president reportedly seeks $6M funding to launch crypto startup

boss

Just a month after the controversial fall of Sam Bankman-Fried’s FTX exchange and 130 affiliated companies, a former high-ranking executive is reportedly seeking out investors to launch a crypto startup. The ex-president of FTX US, Brett Harrison, is on the lookout for $6 million in funding to launch a start-up that would build crypto trading software for big investors, according to The Information. Harrison’s funding round would be against a $60 million valuation. On Sept. 27, Harrison announced his plans to step down as the president of FTX US as…

MEXC’s Changing for You | The 1st Exchange to Launch a Zero Maker Fee Event for Futures Orders – Press release Bitcoin News

boss

press release PRESS RELEASE. In September of this year, blockchain media outlet, Cointelegraph, reported that cryptocurrency trading platform MEXC has ranked as the world’s top liquidity provider. Recently, MEXC announced the growth of its contract business, and its average daily trading volume has reached an increase of 1,200%. 「Users first, MEXC’s Changing for you」has always been the service philosophy that MEXC adheres to. The ‘Zero Maker Fee’ Event is set to launch to give back to MEXC’s futures users. The activity starts on December 1st. It is understood that to…

Chainlink Is About To Launch Staking, Next Target Zones For LINK

boss

While Chainlink staking v0.1 will go live on the mainnet on December 6, the LINK price has shown a strong performance over the past week. At press time, LINK was trading at $7.58, and thus up 13.5% over the last week. Still, Chainlink has been going sideways for seven months. However, thanks to dovish comments from U.S. Federal Reserve Chairman Jerome Powell during a speech yesterday, the horizon for relief rallies within the crypto market are widening again. Looking at the daily chart, Chainlink is still in the middle of…

Reserve Bank of India Rolls Out Pilot Phase ahead of Digital Rupee Launch

The RBI is test-running its digital rupee in numerous banks and Indian cities as it nears the official launch of the CBDC.  Ahead of the proper launch of the digital rupee, the Reserve Bank of India (RBI) has decided first to conduct a pilot rollout of the virtual fiat. According to the Indian central bank, eight banks will participate in the project, which will occur in two phases. The first phase will feature four banks: Yes Bank, the State Bank of India, ICICI Bank, and IDFC First Bank. These banks will offer…