Tag: Launch

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…

Brazilian Drex CBDC Drops Blockchain to Launch Next Year

According to local media reports, the Brazilian central bank had to abandon the decentralized element of the CBDC to deliver a solution in 2026, in part due to the immaturity of the privacy solutions presented. Brazilian CBDC to Ditch Blockchain in Effort to Launch in 2026 The Central Bank of Brazil aims to accelerate the […] Source CryptoX Portal

Chainlink Leads Crypto Top Gainers Amid Strategic Treasury Launch, Trump Tariff Relief

Key Notes LINK breaks above 20-day moving average at $17.02, targeting $20 resistance with RSI at comfortable 64.15 levels. The new Chainlink Reserve automatically converts enterprise payments into LINK tokens with over $1 million already accumulated. Chainlink LINK $19.59 24h volatility: 6.3% Market cap: $13.29 B Vol. 24h: $1.38 B emerged as the best-performing mega-cap cryptocurrency on Friday, Aug. 8, posting a 9% daily gain that pushed its price above $18.1 at press time. The surge comes after LINK price emerged as the top gainer among the 50 largest cryptocurrencies…