Tag: Launch

Circle to launch ‘official version’ of USDC natively on Arbitrum

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Circle recently announced plans for a June 8 launch of a new native version of its USD Coin (USDC) stablecoin on the Arbitrum network. 1/ Circle is launching USDC natively on @Arbitrum on June 8th! Keep scrolling or read the blog to learn more about this launch and how to migrate liquidity from “bridged USDC” to native USDC. https://t.co/tbxSmUvXso — Circle (@circle) June 1, 2023 According to a blog post, Circle will replace the existing version of USDC, an Ethereum-based token that’s been bridged to Arbitrum, with a native token…

Apple Likely to Launch Two Mac Products at Upcoming WWDC

Apple is focused on overhauling the Mac line with the new computer as well as attracting more customers, especially now that there is a static stretch in the computer industry. There are suspicions that American multinational technology giant Apple Inc (NASDAQ: AAPL) will be launching two highly anticipated Mac models in the upcoming Worldwide Developers Conference  (WWDC) which will be held next week. These rumors are stemming from the fact that the technology company has begun the testing process of two desktop Macs that are equipped with M2 Max and…

Georgian central bank to launch AML probe into crypto firms

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Georgia, a major cryptocurrency-friendly country among Post-Soviet states, is preparing to start monitoring crypto firms to prevent money laundering and comply with sanctions. The National Bank of Georgia plans to launch mandatory supervision of virtual asset service providers (VASP) starting Sept. 1, 2023. NBG’s acting governor Archil Mestvirishvili said that the new regulatory measures will help the country combat money laundering, the local news agency InterPressNews reported on May 31. In line with Anti-Money Laundering considerations, the upcoming VASP probe is expected to increase the country’s compliance with Western sanctions…

TRC-20 USDT circulation hits record high 5 years after Tron mainnet launch

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On May 31, Tether (USDT) tokens issued on the Tron blockchain reached another all-time high of $46 billion, compared to $36.8 billion for Ethereum, accounting for over 60% of USDT’s circulating supply. The milestone comes on the fifth-anniversary launch of the Tron mainnet. Over the past five years, Tron developers claim that the blockchain has processed 5.6 billion transactions and currently has a total value locked of $5.7 billion. Tron’s creator, Justin Sun, said his 2023 goals include elevating the network’s on-chain stablecoin market cap to $100 billion and establishing…

Top Japanese Airline ANA Forays Deeper into Web 3.0 with NFT Marketplace Launch

ANA began developing its new GranWhale platform almost a year ago. Japan’s largest airline All Nippon Airways (ANA) has launched a non-fungible token (NFT) marketplace, making a bold statement about its web3.0 ambitions. According to the May 30 announcement, the “ANA GranWhale NFT Marketplace”, is a project involving the airline and its subsidiary ANA Neo. It is themed around aviation and features a collection created by aerial photographer Luke Ozawa as its initial collection. Developers claim that Ozawa’s first digital photo will be converted to NFT on May 30, with…

Blockchain Labs and HashKey Capital Launch Future3 Campus, a Web3.0 Innovation Incubator

Blockchain Labs and HashKey Capital have announced a joint initiative to establish Future3 Campus, a Web3.0 innovation incubator aimed at promoting the global Web3.0 ecosystem. With principal incubation bases in Shanghai, Guangdong-Hong Kong-Macao Greater Bay Area, and Singapore, the incubator aims to foster Web3.0 Massive Adoption, DePIN, and AI. The Future3 Campus will also launch an inaugural seed fund of $50 million to nurture Web3.0 projects, thus truly serving innovators in the Web3.0 field. The first incubation batch, known as Future3 Camp 1, will focus on Web3.0 Massive Adoption. Applications…

Yield farming app accumulates $12M TVL 2 weeks after launch

A new yield farming app called Origin Ether has accumulated over $12 million in total value locked (TVL) just 14 days after launch, according to data from blockchain analytics platform DefiLlama. TVL is a metric that measures the dollar value of assets inside an app’s smart contracts. Origin Ether total value locked, May 9-30. Source: DefiLlama The app was launched on May 16, according to a representative from the development team. DefiLlama data shows the app already had $793,000 locked inside its contracts before the launch, which team members or…

Gaming Crypto Token Qwan to Launch via Ethereum on May 31 Supported by Horizen Labs Ventures

The Qwan tokens have a total supply of 1 billion with about 455 million, representing 45.5 percent, being allocated to the ecosystem’s treasury. The Qwan, a Web3 crypto token geared towards revolutionizing the gaming industry by involving users, has announced plans to launch on the Ethereum ecosystem on May 31. Backed by key Web3 investors including Horizen Labs Ventures – which has backed successful GamiFi projects like Yuga Labs, The Sandbox, and Animoca Brands – the Qwan token intends to enable a decentralized economy for all gamers globally through incentivizing…

European Central Bank (ECB) Finalizes Digital Euro Prototype Ahead of Potential CBDC Launch

The ECB has finalized its digital euro prototype scheme as it mulls whether to roll out the government-backed token.  The European Central Bank (ECB) has finalized a digital euro prototype ahead of a development decision. Later this year, the leading central bank would decide whether to develop the fiat euro as a digital variant. According to a Friday report, the ECB examined distributed ledger technology and smart contracts as prime components of a potential digital euro. However, the governing bank has reservations about using decentralized-influenced smart contracts. The ECB’s findings…

Bitcoin Ordinals to bridge Ethereum NFTs with the launch of BRC-721E

Bitcoin Ordinals are the latest layer-2 solution enabling decentralized storage of digital art on the Bitcoin blockchain. Ordinals will now allow users to migrate their Ethereum ERC-721-based nonfungible tokens (NFTs) to the Bitcoin blockchain with the launch of the BRC-721E standard. The BRC-721E standard was jointly launched by the Ordinals market — an Ordinals-based marketplace — and the Bitcoin Miladys NFT collection. The new BRC-721E standard enables the conversion of immutable, verifiable ERC-721 NFTs to Ordinals. Initially, metadata is not stored on-chain, but users can store a lower-quality preview image…