Tag: Launch

MetaMask to Launch mUSD Stablecoin on Ethereum and Linea in 2025

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MetaMask, the self-custodial crypto wallet owned by Consensys, said Thursday it will launch a dollar-backed stablecoin called MetaMask USD (mUSD). MetaMask said on Thursday that the stablecoin will be issued by Bridge, an issuance and orchestration platform for stablecoins that was acquired by the payments platform Stripe, and will be powered by the liquidity platform M0.  MUSD will be integrated into the MetaMask wallet, allowing use of the stablecoin across Web3 applications. MetaMask said the stablecoin is designed for cross-chain use through M0’s liquidity network. The stablecoin will debut later…

TRM Labs and Crypto Giants Launch Beacon Network to Combat Crypto Crime

TRM Labs and the world’s largest exchanges, including Coinbase and Binance, have launched the Beacon Network, an initiative that seeks to combat onchain crypto crime and prevent the illicit movement of funds through offramps to the fiat ecosystem. TRM Labs Launches Beacon Network, Targets Crypto Crime Crypto-based crime is becoming a problem, and exchanges and […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Wyoming Becomes First US State to Launch Its Own Stablecoin: What’s Next?

Key Notes FRNT token launches with 1:1 USD backing and mandatory 2% overcollateralization across seven blockchain networks. Public trading begins through Kraken exchange during early access period following regulatory clearance processes. Wyoming’s crypto-friendly regulations attract major exchanges while global stablecoin adoption accelerates significantly. Wyoming, nicknamed the “Equality State,” has become the first US state or territory to launch its own government-backed stablecoin with the deployment of the Frontier Stable Token (FRNT) mainnet on Aug. 19. According to a press bulletin from Wyoming Governor Mark Gordon, the FRNT token’s mainnet is…

OpenEden and Binance Wallet Launch Six-Week, 20 Million EDEN Token Airdrop

Key Notes OpenEden’s airdrop allocates 2% of total supply through a three-phase program requiring 61+ Binance Alpha Points. The real-world asset tokenization company founded in 2022 specializes in tokenized US Treasury Bills partnerships. Eden Network’s dormant EDEN token surged 251% from confusion despite being completely separate from OpenEden’s project. OpenEden and Binance Wallet have launched a six-week airdrop campaign for the EDEN token. The program allocates 20,000,000 EDEN tokens, equivalent to 2% of the token’s total supply, to Binance Wallet users who complete specific tasks. The campaign starts on August…

Dutch Crypto Company seeks Bitcoin Treasury launch on Amsterdam’s Euronext

Dutch cryptocurrency service provider Amdax is preparing to launch a Bitcoin treasury company on Amsterdam’s Euronext stock exchange, as more European companies follow US counterparts in adopting Bitcoin strategies. Amdax said Monday it is creating AMBTS B.V., a privately held company with independent governance that will operate as a stand-alone firm. AMBTS aims to become a “1% Bitcoin treasury company,” with the goal of eventually accumulating 1% of all Bitcoin (BTC) in circulation. The company said it plans to raise capital in stages through the markets to expand its Bitcoin…

Dunamu and MB Bank to Launch Vietnam’s First Licensed Crypto Exchange

South Korea’s Dunamu, operator of Upbit, is partnering with Vietnam’s state-controlled MB Bank to launch the country’s first licensed crypto exchange. The move follows new legislation legalizing digital assets in Vietnam. Vietnam Set to Open First Domestic Crypto Exchange with Dunamu–MB Bank Deal Vietnam is preparing to debut its first domestic cryptocurrency exchange through a […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Ex-Binance dealmaker joins Hilbert Group to launch tokenized funds platform

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Former Binance dealmaker Ryan Horn has joined the advisory board of Hilbert Group, a Sweden-based, publicly listed digital asset manager, to support the rollout of Syntetika, its onchain platform for tokenized assets and funds. At Binance, Horn secured high-profile partnerships, including a deal with football star Cristiano Ronaldo. Hilbert Group manages crypto-focused investment products for institutional and professional investors. Through algorithmic trading strategies, it applies a traditional asset management structure to digital asset markets, including regulated oversight and fund governance. Syntetika, now in development, will issue and trade tokenized funds…

Safety Shot Stock Sinks 50% After BONK Launch

Key Notes Safety Shot stock price tanked by over 50% shortly after announcing the launch of its BONK treasury. The Nasdaq-listed firm’s share price is currently trading at $0.56. BONK price has also recorded a 10% dip within the same period. Safety Shot, a Nasdaq-listed maker of a patented rapid alcohol reducer, saw the price of its shares tank by a massive 50% shortly after announcing the launch of its BONK BONK $0.000024 24h volatility: 11.8% Market cap: $1.86 B Vol. 24h: $533.35 M treasury. Precisely, SHOT stock fell to…

Bitcoin Volume Shelf Indicates Possible Launch To $131,000 – Analyst

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Following the steep corrections seen in late July, the Bitcoin market made a modest recovery in the past week, rising by 2.73% according to data from CoinMarketCap. However, another rejection amidst this price resurgence forces the premier cryptocurrency to now trade within the $116,000 price region. While the crypto market awaits the token’s next move, cumulative trading activity signals potential for a major price surge to a new all-time high. Golden Ratio In Sight: Bitcoin Targets $131K After Volume Shelf Hold In an X post on August 8, popular financial…