Tag: Launch

Goldman Sachs to launch three tokenization projects

Goldman Sachs is set to launch three tokenization projects targeting institutional clients, focusing on permissioned networks and private blockchains due to regulatory concerns. Goldman Sachs is gearing up to introduce three significant tokenization projects by year-end as part of its strategic expansion into digital assets. While its peers, like BlackRock and Franklin Templeton, have already entered the world of tokenization, Goldman Sachs is primarily focused on using permissioned networks due to regulatory concerns. Mathew McDermott, the banking institution’s global head of digital assets, announced the initiatives, emphasizing their focus on…

Interactive Brokers Cites 'Administrative Challenges' to Delay Prediction Exchange Launch

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The launch of ForecastEx, a prediction exchange specializing in economic and climate events, has been postponed until later in the summer due to administrative issues, according to Steve Sanders, EVP of Marketing and Product Development at Interactive Brokers. ForecastEx Market Designations Approved ForecastEx, a wholly-owned subsidiary of Interactive Brokers Group, has received the required designations from the Commodity Futures Trading Commission (CFTC) to operate as a contract market and derivative clearing organization. The exchange was originally planned to begin operations on Monday, July 8, 2024. Steve Sanders informed Traders Magazine…

Hexagate and eOracle launch Gate Protocol Security Oracle

Hexagate just introduced The Gate Security Oracle, which is developed on the eOracle stack, the top AVS on EigenLayer.  This development marks the introduction of the first-ever decentralized machine learning (ML)-based security protocol. In the world of DeFi, trust and security remain crucial. Many projects have had to sacrifice decentralization to ensure functionality and security by extensively depending on external data. This often results in weakened security and challenges in building user trust and reputation. The Actively Validated Services (AVS) from EigenLayer will solve this issue. By utilizing the security…

Astra Nova: The Tier 1 Web3 Game Booming With 170,000+ Active Users Pre-Token Launch

PRESS RELEASE. RIYADH, Saudi Arabia – July 8, 2024 – Astra Nova, the revolutionary action RPG, is making significant strides as the 1st Web3 game to emerge from Saudi Arabia’s vibrant gaming landscape. Built on Unreal Engine 5, Astra Nova is captivating the gaming community with its innovative approach and immersive gameplay. Currently, Astra Nova […] Source CryptoX Portal

Tangem Partners With Visa to Launch Self-Custodial Crypto Payment Card

Hardware wallet firm Tangem AG is collaborating with Visa to launch a self-custodial payment solution. This collaboration introduces a Visa payment card integrated with a hardware wallet, allowing Tangem users to make payments using their crypto or stablecoin balances at any Visa-accepting merchant across Europe. Unlike traditional custodial solutions, Tangem’s card embeds a private key […] Source CryptoX Portal

Experts Eye Ethereum ETF Launch By Mid-July, Predict Price Rally

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The crypto industry is on the verge of a potentially significant development as key figures in the sector hint at the imminent approval of a spot Ethereum ETF in the United States, possibly triggering a notable price rally for ETH.Nate Geraci, president of The ETF Store, shared insights into the expected timeline for the launch of the first spot Ethereum ETF. According to Geraci, current forecasts by Bloomberg predict a mid-July launch. He detailed the procedural timeline via X, stating, “Wen spot eth ETF? BBG sticking w/ mid-July. Amended S-1s…

Nycrypto Labs raises $800k to launch Tidus, a crypto everything app

This app will be the first multi-chain, multi-layer, non-custodial wallet to offer in-app lending, borrowing, swapping, and staking while mitigating bridging risks. Nycrypto Labs, a hub for blockchain development aiming to streamline the shift from Web2 to Web3, just disclosed that it successfully secured $800,000 in pre-seed funding. This funding achievement coincides with the debut of Nycrypto’s primary product, Tidus Wallet. This wallet serves as the sole multi-chain wallet, allowing cross-chain lending, borrowing, and staking within the app. DNA Fund spearheaded the funding round, joined by Transform Ventures, led by…

Paypal Ventures-Backed Mesh Partners With Conio to Launch Open Banking Solutions for Bitcoin in Europe

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Mesh, a U.S. fintech company backed by Paypal Ventures, has partnered with Italian digital asset wallet Conio to enhance cryptocurrency exchange access for Conio’s 430,000 customers. This collaboration allows users to access 10 leading crypto exchanges, including Binance and Coinbase, through the Conio app, and seamlessly transfer bitcoin purchases directly into their Conio wallets. By […] Original

Robinhood to launch crypto futures in the U.S. and Europe

Robinhood is reportedly considering offering cryptocurrency futures in the U.S. and Europe, but no official launch date has been announced yet. Bloomberg News reported on Tuesday that Robinhood is considering offering cryptocurrency futures in the U.S. and Europe in the coming months. The app for trading without commission aims to utilize the licenses of Bitstamp, a crypto exchange it plans to acquire in a $200 million deal set to close next year. Robinhood plans to introduce Bitcoin (BTC) and Ether (ETH) futures based on CME in the U.S. However, they…