Tag: Launch

Choosing the best blockchain to launch a metaverse: advice from Wakatta

The value of blockchain in socializing, entertainment, and advertising is expected to grow 26x by 2026 to reach $4.37 billion. This will be largely thanks to the growth of the metaverse, which heavily relies on blockchain. Many chains can efficiently support metaverse startups, including Solana, and Polygon, and the upcoming Wakatta – but which one offers the best combination of speed, security, and low fees? How blockchain contributes to the growth of the metaverse While metaverse-like spaces can operate without blockchain (Fortnite and Roblox are two examples), the addition of…

BIS to launch market intelligence platform amid stablecoin, DeFi collapse

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The Bank for International Settlements (BIS) Innovation Hub announced the launch of a new set of projects targeting various aspects of traditional and crypto payments — including a cryptocurrency market intelligence platform and security for retail central bank digital currency (CBDC). BIS’s cryptocurrency market intelligence platform will be launched under the Eurosystem Centre initiative, which aims to provide vetted data about crypto projects. One of the key drivers for the project’s commencement is the collapse of numerous stablecoins projects and decentralized finance (DeFi) lending platforms such as Terra (LUNA) and…

Binance CEO Changpeng Zhao Says Exchange Will Launch Big Hiring Spree During Crypto Bear Market: Report

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The world’s largest digital assets exchange is planning a hiring spree as some of its competitors slash jobs during the current crypto market downturn. According to a new report by Fortune, Changpeng Zhao, CEO of Binance, says that the company has secured the resources to hire more employees as well as focus on acquisitions. Zhao’s announcement comes at a time when other prominent crypto firms, such as Coinbase, Gemini, Crypto.com, and BlockFi all announced significant layoffs. “We have a very healthy war chest; we in fact are expanding hiring right…

Tether Tokens (USDt) to Launch on Tezos – Blockchain News, Opinion, TV and Jobs

Tether Operations Limited (“Tether”), the company operating the blockchain-enabled platform tether.to that powers the largest stablecoin by market capitalization, will launch Tether tokens (“USDt”) on Tezos, a pioneering upgradable Proof-of-Stake blockchain. The addition of USDt to Tezos demonstrates its growing momentum as a thriving Proof-of-Stake blockchain which continues to build a reputation as the leading choice for brands and institutions looking to build the Web3 revolution.   Tether’s USDt, now available on 12 blockchain networks, welcomes the Tezos ecosystem to the US $80 billion network. USDt on Tezos will power revolutionary…

Legend Animator from Japan to Launch Identity Defining NFT Brand “BOSO Tokyo” – Press release Bitcoin News

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press release PRESS RELEASE. BOSO TOKYO announce the launch of NFT project “BOSO TOKYO” , an identity defining brand in the Metaverse To commemorate its launch, BOSO TOKYO has launched a giveaway campaign for their NFT. Check out the details here for a chance to win a BOSO TOKYO NFT by completing a few simple tasks. ABOUT BOSO TOKYO BOSO TOKYO is an NFT brand that aims to build avatars that can be used as a common identity in multiple metaverses. As a generative NFT, BOSO TOKYO uses algorithms to…

Beeks Announces the Launch of Exchange Cloud

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LSE-listed cloud computing connectivity provider for financial markets, Beeks Financial Cloud Group announced today that it has launched Exchange Cloud, an evolution of Proximity Cloud. The details shared by the company show that the launch will assist global financial exchanges in offering cloud solutions to end-users. The latest announcement from Beeks Financial Cloud Group came nearly 10 months after the company introduced Proximity Cloud, the industry’s first private cloud environment for financial markets. “Our product development has always been driven by customer demand, and we created Exchange Cloud specifically to…

Samsung Asset Management to launch blockchain ETF in Hong Kong

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Hong Kong-based Samsung Asset Management (SAMHK), a local subsidiary of Samsung’s investment arm, is moving forward with a blockchain-themed exchange-traded fund (ETF). The firm expects to launch its Samsung Blockchain Technologies ETF on the Hong Kong Stock Exchange on June 23, SAMHK announced on Thursday. The ETF seeks to achieve long-term capital growth by investing in stocks of companies actively involved in the development and adoption of blockchain technologies, the fund prospectus reads. The fund will invest in blockchain-related research and development firms, data providers, industry investment firms and others.…

‘Education Is Power’— Jack Dorsey and Jay-Z Launch a Bitcoin Academy in Brooklyn – Bitcoin News

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The founder of financial tech company Block Inc., Jack Dorsey announced he is collaborating with the rapper Jay-Z by launching a Bitcoin Academy in Brooklyn. The Bitcoin Academy’s mission aims to empower and provide education to the region. The project’s website further details that residents of Marcy House, located in Brooklyn, New York will be eligible for free courses and other benefits like internet data plans. Marcy House Residents Welcome to Attend The Bitcoin Academy — ‘Making Powerful Tools More Available’ Jack Dorsey, the former CEO of and co-founder of…

More Than 4M Sweatcoin Crypto Wallets Created Since the Launch of SWEAT Token in April

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SWEAT crypto token was launched on April 12, 2020 and it has seen the creation of over 4 million sweat crypto wallets through mobile applications since it was launched. This total number of wallets represents an allocation of over 860 million sweatcoins. These sweatcoins will be matched with SWEAT at the token generation event in July. The concept behind Sweatcoin’s new ‘move-to-earn’ crypto token is unique as it allows users to mine the token by tracking their steps and movements on their smartphones. A London-based tech company shared its view…