Cardano to launch new algorithmic stablecoin in 2023

Proof-of-stake blockchain platform, Cardano, has partnered with COTI, a DAG-based Layer 1 protocol, to launch what it refers to as an over-collateralized algorithmic stablecoin. The project said in an announcement provided to Cointelegraph that the stablecoin will be backed by excess collateral in the form of cryptocurrency stored in a reserve. It’s official! $Djed will launch on the Cardano Mainnet in January 2023! $Coti $Ada #Djed pic.twitter.com/cu8ryW6Lo7 — Djed Stablecoin (@DjedStablecoin) November 21, 2022 According to the release, Djed is set to go live on the mainnet in Jan. 2023,…

Cardano To Launch Its Privacy-focused Blockchain Midnight

After privacy-focused projects like Monero failed to combat rising privacy issues in the blockchain industry, Cardano, a crypto project backed by the technology company Input Output Global (IOG), is preparing to launch a new privacy-focused blockchain.  The digital world has seen fast growth in recent years, and almost every country interacted with new technologies such as Blockchain, web 3 and cryptocurrencies. However, privacy protection, one of the most crucial online problems, remains a vulnerability in the industry. Speaking at an event at Edinburgh University, Charles Hoskin, CEO of Cardano Blockchain,…

$138B investment manager Man Group to launch crypto hedge fund: Report

London-based investment manager Man Group Plc is preparing to launch a cryptocurrency hedge fund, signaling continued investor appetite for digital assets in the wake of FTX’s monumental collapse earlier this month.  Bloomberg reported on Nov. 18 that Man Group is preparing to launch its crypto-focused hedge fund through its computer-led trading unit AHL. Citing private sources, Bloomberg disclosed that the new hedge fund could be ready by the end of the year.  A spokesperson for Man Group declined to comment on the matter when asked by Cointelegraph.   Man Group already…

Next Level Blockchain Ecosystem IllumiShare SRG Set to Launch Token Presale – Press release Bitcoin News

press release PRESS RELEASE. In a move that will excite crypto enthusiasts, IllumiShare SRG has announced its token presale launch, which will hold on the 23rd of November after an unveiling party in Dubai on November 22nd. His highness Sheikh Mohamed Bin Ahmed Bin Hamdan Al Nahyan from the Abu Dhabi Royal Family – An Official Partner in the company, some Ministers of the Emirate government among respected business partners will be in attendance. The SRG token pre-sale will be available to gold list members before it is open to…

PEGA Pool to Launch in 2023 to Help You Offset Your Carbon Footprint While Crypto Mining – Sponsored Bitcoin News

sponsored PEGA Pool is an eco-friendly crypto mining pool currently in private beta testing and is expected to be open to the public in the first quarter of 2023. Regarding bitcoin mining, there have always been concerns about its environmental impact; however, now is the ideal time to make a difference and contribute to a greener future by helping create a more sustainable industry. As a means to offset CO2 emissions, a portion of the fees from the PEGA pool will be used to plant trees to offset the emissions.…

Upland and FIFA Officially Launch the FIFA World Cup Qatar 2022™ Experience in The Upland Metaverse – Sponsored Bitcoin News

sponsored FIFA and Upland have agreed to a multi-year partnership, starting with the FIFA World Cup Qatar 2022™ The first of its kind partnership allows football fans from around the world to get a better understanding of Web3 and how to enjoy and benefit from a gamified metaverse experience Agreement includes access for fans to own collectibles of legendary video highlights from FIFA World Cup Qatar 2022™ matches PALO ALTO, Calif. November 9, 2022 – Upland and FIFA have today announced a multi-year partnership that allows the Upland community and…

Crypto Exchange BitMEX To Launch New Native Token BMEX This Friday

Cryptocurrency exchange and derivatives platform BitMEX is set to unveil its native token BMEX later this week. BitMEX says that the initial exchange offering (IEO) of the BMEX token will take place on Friday. The token will exclusively be listed on the BitMEX spot exchange before being made available for derivatives trading on the same platform. “On 11 November, 2022, we’re launching the BMEX Token exclusively for trading on BitMEX, affording our users the exclusive opportunity to participate in an IEO from an OG [original] crypto exchange. First up, at…

Bitcoin․com Doubles Down on Self-Custody With Launch of Verse DEX – Press release Bitcoin News

press release Bitcoin.com, a digital ecosystem and secure self-custody platform where users can safely and easily interact with cryptocurrencies and digital assets, has launched support for Ethereum in its decentralized exchange, Verse DEX, with ~$2 million in liquidity initially distributed across six trading pairs. The full-featured decentralized exchange will work seamlessly with the self-custodial multichain Bitcoin.com Wallet, providing millions of people with a simple but secure way to permissionlessly swap cryptocurrencies without having to rely on third-party custodians. “Bitcoin.com is a gateway for millions of newcomers to decentralized finance. In…

Buying Bitcoin ‘will quickly vanish’ when CBDCs launch — Arthur Hayes

Bitcoin (BTC) holders looking to avoid Central Bank Digital Currencies (CBDCs) may have gained a surprise ally — banks. In his latest blog post, “Pure Evil,” Arthur Hayes, ex-CEO of crypto derivatives platform BitMEX, argued that banks may limit the impact of the CBDC “horror story.” Hayes: Bitcoiners and banks stand against CBDC “dystopia” CBDCs are currently in various stages of development worldwide. Fans of financial sovereignty naturally fear and even despise them, as they imply total government control over everyone’s money and purchasing power — “a full-frontal assault on…