Tag: Launch

Ripple Prepares To Shake Up $150B Market With Imminent Launch Of New Stablecoin

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In a notable development, blockchain developer Ripple Labs recently announced its plans to launch a stablecoin pegged 1:1 to the US dollar (USD).  Ripple Enters Booming Stablecoin Market According to the company’s announcement on Thursday, the stablecoin’s reserves will consist of US dollar deposits, short-term US Treasury bills, and other undisclosed cash equivalents. All of these will be audited by a third-party accounting firm. Ripple plans to publish monthly certifications to ensure transparency. With the stablecoin market currently valued at around $150 billion, Ripple’s entry is significant. The market is…

Xterio to Launch Gaming-Oriented Blockchain in Collaboration with AltLayer, aiming for Wider Web3 Gaming Adoption

Singapore, Singapore, April 4th, 2024, Chainwire Xterio, a leading Web3 gaming publisher and platform, and AltLayer, an open and decentralized protocol for launching native and ZK rollup stacks, have announced the launch of a game-focused restaked rollup designed specifically for Web3 games. Xterio is a Web3 gaming ecosystem & infrastructure, distinguishing itself as a gaming publisher with top-notch development skills, unparalleled distribution expertise, and over $80M raised in ecosystem funding. With five AAA games and over 45 gaming partners, Xterio has amassed a gaming community of over two million users…

BlackRock & Securitize Launch Revolutionary Digital Assets Fund, Boosting Tokenization and Regulated Markets

In fact, on March 27, 2024, Ondo Finance completed a $95 million reallocation of its own tokenized short-term bond fund to BUIDL. As fiduciaries onboard with Securitize for the desired access to BUIDL, they’ll move significant capital into the fund and therefore into the Securitize ecosystem. As a result, surrounding alternative investment products and listings on Securitize Markets’ primary and secondary trading venues are likely to see a bump in capital flows and activity. This in turn will set precedent for other broker-dealers, alternative trading systems, and comparable regulated venues…

BSX – the First CLOB Perp Exchange To Launch on Base Layer-Two Blockchain

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April 1, 2024 – Grand Cayman, Cayman Islands BSX, backed by Base Ecosystem Fund, is set to raise the bar as the world’s foremost premier, high-performance DEX (decentralized exchange), offering an enhanced DeFi trading experience that provides the best of both worlds by merging the benefits of CEXs (centralized exchanges) with the self-custody features of DEXs. BSX will begin trading on Base layer-two mainnet alpha on April 1, 2024. Following the conclusion of its public testnet trading phase in Q1, BSX – the new standard in premier, high-performance DEXs –…

The First CLOB Perp Exchange to Launch on Base Layer-2 Blockchain – Blockchain News, Opinion, TV and Jobs

Grand Cayman, Cayman Islands, April 1st, 2024, Chainwire Quick Take BSX, backed by Base Ecosystem Fund, is set to raise the bar as the world’s foremost premier, high-performance decentralized exchange, offering an enhanced DeFi trading experience that provides the best of both worlds by merging the benefits of centralized exchanges with the self-custody features of decentralized exchanges. BSX will begin trading on Base L2 Mainnet Alpha on April 1, 2024. Following the conclusion of its Public Testnet trading phase in Q1, BSX – the new standard in premier, high-performance decentralized…

SWIFT Plans to Launch CBDC Interconnection System in Next Two Years

SWIFT, the network that provides the messaging system for cross-border banking settlements, has announced plans to launch a CBDC equivalent of its current network in the next two years. The organization recently completed a 6-month test to assess the viability of such a development, which included the participation of 38 institutions, including central banks and […] Source CryptoX Portal

LendFi Revolutionizes DeFi Landscape With Comprehensive App Launch

PRESS RELEASE. In an exhilarating development for the decentralized finance (DeFi) community, LendFi announces the launch of its innovative app, now available for download on both the iOS Store and Google PlayStore. This groundbreaking app introduces a suite of utility features designed to enhance user experience and financial empowerment. Among these are staking, peer-to-peer (P2P) […] Source CryptoX Portal

Venom Blockchain Launch Triggers Huge Surge In User Adoption, Surpassing 1 Million In A Single Day

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With the growing adoption of blockchain technology in various digital asset infrastructures, a team from Abu Dhabi, known for its wealth from the oil industry, has made a significant entry into the space with the launch of the Venom Blockchain.  Venom Blockchain Market Cap Soars Venom operates as a foundational Layer 0 blockchain network, equipped with dynamic sharding and a proof of stake (PoS) consensus method. Designed to offer a scalable and efficient infrastructure, this advanced blockchain platform is tailored for the development of diverse products. It seamlessly bridges governmental…

Sui and Revolut Launch Global Partnership to Accelerate Blockchain Education and Adoption – Blockchain News, Opinion, TV and Jobs

Grand Cayman, Cayman Islands, March 27th, 2024, Chainwire Sui, the Layer 1 blockchain that offers industry-leading performance and infinite scaling, proudly announced a landmark collaboration with Revolut, a leading global fintech with over 40 million customers worldwide. The strategic partnership will bolster awareness and adoption of blockchain technology among Revolut’s expansive user base while opening new avenues for Sui’s growth, particularly across Europe. Revolut’s Learn program will serve as an invaluable tool for Sui to educate a relatively untapped global audience of future crypto users at scale about Sui’s underlying…

$COOKIE, the Cookie3 MarketingFi Ecosystem Token, will Launch on ChainGPT Pad and Polkastarter – Blockchain News, Opinion, TV and Jobs

Tallinn, Estonia, March 26th, 2024, Chainwire This first MarketingFi utility token will launch within the Cookie3 ecosystem. $COOKIE represents digital marketing value passed on to users who drive projects forward instead of on advertising giants like Google or Facebook. Cookie3, a MarketingFi Protocol and AI Data Layer, has just announced that $COOKIE—the Cookie DAO-powered token, will launch on ChainGPT Pad and Polkastarter in Q2 2024. Using the Cookie3 technological stack, $COOKIE aims to move $366B digital marketing value from advertising giants onto users who bring quality to projects and help…