Tag: Launch

Osaka Digital Exchange to launch trading of Japan’s first digital securities 

According to a Nov. 20 notice from Japan’s Osaka Digital Exchange, ODX is set to initiate the trading of digital securities in the country through the issuance of security tokens on Dec. 25. These tokens will be issued by Ichigo, a Tokyo-based real estate investment company, and Kenedix, selling about $20.1 million in securities, according to a coinciding Bloomberg report. Dedicated to ongoing efforts The introduction of the trading of security tokens on the exchange is said to be geared towards streamlining the investment process for individual investors, however, the…

Dtcpay in partnership to launch crypto payment network

Singapore-based startup Dtcpay is set to launch a new payment system tailored for both cryptocurrencies and traditional fiat currencies.  Dtcpay reportedly entered into a strategic partnership with the open-source blockchain platform, PlatON, and Chinese payment solution provider, Allinpay International. The aim is to establish a privacy-protected digital payment infrastructure. The collaboration will center around the creation of smart point of sale (POS) terminals, capable of supporting numerous digital currencies including Tether (USDT), Ethereum (ETH) and Bitcoin (BTC).  Previously known as the Digital Treasures Center, Dtcpay has made a name for…

What are NFT DApps, and how to create and launch one?

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The synergy between NFTs and DApps creates a dynamic ecosystem where digital ownership, decentralized finance and programmable assets converge, offering innovative solutions across various industries. Intersection of NFTs and DApps Decentralized applications (DApps) and nonfungible tokens (NFTs) are two important components of the blockchain and cryptocurrency ecosystems. Despite their disparate functions, there are several instances in which they coincide and enhance one another. For instance, NFTs can be used in DApps to signify ownership or access privileges for both real and digital assets. DApps can tokenize unique goods, such as…

Yearn.Finance’s YFI token skyrockets on upcoming v3 launch news

Yearn.Finance (YFI), a key player in the decentralized finance (defi) sector, has witnessed a remarkable surge of 106.87% over the past week, with a 2.11% increase in the last 24 hours. As of press time, YFI is trading just under $17,800 at a market cap of $506 million. Most growth came shortly before the team behind the project announced significant updates on Nov. 16. In the announcement, the official Yearn.Finance Twitter profile stated that “Yearn v3 launches soon.” Unlike the earlier version where each Vault could only contain one strategy,…

Uniswap’s Android wallet app, Cboe to launch BTC, ETH margin futures, and more

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As the final weeks of 2023 approach, it’s fair to say that one of the most dominant trends and drivers of crypto companies’ strategies over the past months can be summed up in a single word: licenses.  In a tight regulatory environment, getting the green light from regulators has been crucial for companies, particularly during the crypto winter. Some countries have taken a stand by developing a crypto-friendly environment. For example, the United Arab Emirates continues to attract major crypto companies to its shores, with digital assets exchange Crypto.com recently…

Flare and Bloxico Collaborate to Launch Blockchain Reputation Scores

The Flare Reputation Score, born out of the collaboration between Flare and Bloxico, stands as a testament to the commitment to transparency, trust, and community empowerment within the blockchain realm.  Flare Network, the blockchain for data, has recently unveiled a groundbreaking partnership with Bloxico, a pioneering blockchain technology company to introduce a novel metric, the Flare Reputation Score. The Flare Reputation Score As highlighted in a press release shared with Coinspeaker, the Flare Reputation Score is set to redefine how participants are evaluated by combining objective on-chain data with subjective…

Amazon to Launch Hyundai Vehicle Sales in 2024

Amazon users will be able to find and buy Hyundai vehicles of choice from different US local dealers beginning next year with the Alexa built-in expected to be integrated into the company’s next-generation vehicles. Leading online retail shopping company Amazon.com Inc (NASDAQ: AMZN) has announced a broad and strategic partnership with South Korea-based automotive manufacturer Hyundai Motor Co. Ltd (KRX: 005380) to ensure sustainable growth and innovative customer experiences. According to the announcement made during the 2023 Los Angeles Auto Show, Amazon will be launching online sales of Hyundai vehicles…

Binance to launch Thai exchange in joint venture with local energy giant

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Binance will publicly roll out a Thailand-based crypto exchange in early 2024 via a joint venture with local energy giant Gulf Energy Development. A Nov. 15 Stock Exchange of Thailand filing by Gulf Energy said the venture, called Gulf Binance, will initially be available on an invitation-only basis with a public rollout by early 2024, with the firm receiving Securities and Exchange Commission approval on Nov. 10. A Binance spokesperson confirmed to Cointelegraph that the platform has initially launched as an invitation-only exchange and would give more details as information…

dYdX Chain’s beta trading launch powers 67% price surge

The decentralized derivatives exchange dYdX’s native token DYDX surged over 21% in the last 24 hours, and nearly 67% over the past week following the official launch of live trading on the dYdX Chain on November 13th. DYDX is the 67th biggest cryptocurrency, with a market cap of $766 million. This place it significantly higher than its competitor PancakeSwap (CAKE) with its current market cap of $636 million. The beta launch enables active trading across 33+ perpetual swap markets after governance approved changing markets from post-only to active trading. Users…

OKX to Launch zkEVM Layer 2 Network Atop Polygon CDK

As part of the partnership, OKX will play a pivotal role as a core contributor to Polygon CDK while allocating significant engineering resources to boost the technology stack of Ethereum scaling solutions. On Tuesday, November 14, OKX announced that it is introducing a Layer 2 network based on Ethereum’s zero-knowledge (ZK) technology, developed in collaboration with the Polygon Chain Development Kit (CDK). Additionally, OKX will play a pivotal role as a core contributor to the Polygon CDK. X1 shall function as OKX’s latest native network, linking its extensive user base of…