Tag: Launch

Worldcoin Project Seeks $100M in Funding as It Plans Mainstream Launch

The scanning of people’s eyes gives guaranteed access to use the Worldcoin digital currency. The Worldcoin project is looking at raising the sum of $100 million in funding as it prepares to expand its reach with the launch of its own blockchain protocol in the next couple of weeks. According to a report by the Financial Times, the Worldcoin project will use the funding to bolster the development of its iris scanning technology. Per people familiar with the funding plans, the group of investors being courted includes old and new…

Venom To Launch A Blockchain Hub With Kenyan Government

Abu Dhabi, UAE, May 10th, 2023, Chainwire Venom Foundation has announced a strategic partnership with the Government of Kenya to establish a “blockchain hub” in Africa, focusing on the development of Web3 and blockchain technology applications. This collaboration aims to drive innovation in key sectors such as financial infrastructure, supply chain, agriculture, SMEs, and cross-border trade, benefiting Kenya and the entire African continent. More than 84% of the Kenyan population have access to financial services through banks and fintech. However, with the implementation of blockchain infrastructure as a long term…

Standard Chartered Signs MoU with DIFC to Launch Digital Asset Custody Services in Dubai

Both parties look forward to partnering on opportunities that support their visions and promote a thriving digital asset ecosystem. Banking corporation Standard Chartered plans to launch digital asset custody services in the Dubai International Financial Centre (DIFC). While the plans are still subject to regulatory approval, Standard Chartered said the new digital asset custody services in Dubai will focus on institutional investors. Also, one of the banking corporation subsidiaries, Zodia Custody, will power the new custody services. The institutional-grade crypto asset custodial platform recently secured approximately $36 billion in a funding round.…

Mysten Labs Partners with Multiple Gaming Ecosystems to Launch Games on Sui from May 15th

Web3 facilitator Mysten Labs will roll out immersive games on its Sui protocol next week in collaboration with select partners. Mysten Labs has revealed 11 gaming partners for its Sui blockchain network, which goes live a week from now on May 15th. In addition to generating $300 million for the Sui Mainnet launched last week, Mysten Labs plans to launch high-end games on its Sui protocol. In an interview with GamesBeat, CEO Evan Cheng provided insight into the workings of its decentralized gaming agenda. Cheng explained that players could gain instant access to Mysten’s…

Stripe tackles ‘cold start problem’ with the launch of fiat-to-crypto onramp

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Internet payment processor Stripe has introduced a fiat-to-crypto onramp to address the “cold start problem” faced by Web3 companies as a result of customers not having “crypto in their wallets to carry out transactions.” According to a May 4 statement, Stripe’s newly launched fiat-to-crypto onramp – which will be hosted by Stripe itself – will enable Web3 companies to provide US-based customers with the ability to purchase crypto “at the precise moment they need it,” without the need to embed any code into a website or app. Guillaume Poncin, head…

Binance, Crypto.com launch PEPE perpetual futures

Binance, the world’s leading cryptocurrency exchange by trading volumes, and Crypto.com has launched pepecoin (PEPE) perpetual contracts. At the same time, Binance added PEPE and Floki Inu (FLOKI) to its Innovation Zone.  Binance adds FLOKI, PEPE to Innovation Zone, lists perpetual futures Traders on Binance can now deposit FLOKI and PEPE tokens in preparation for trading. Withdrawals for these tokens will open on May 6, 2023.  Notably, Binance has waived the listing fee for FLOKI and PEPE, demonstrating its commitment to supporting the growth of these meme coins. PEPE is…

Play-to-Earn Is Dead, But ScapesMania’s Launch Brings a Vital Alternative In Light of the P2E Apocalypse – Press release Bitcoin News

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press release PRESS RELEASE. P2E projects have reached a dead-end due to the inherent issues of the model. Token Prices and user bases are plummeting and revenue streams of such projects are no longer functioning. So, is this it for the P2E, and is there a way out? May 4, 2023, MAHÉ, SEYCHELLES – After a tumultuous two years, the market cap for GameFi tokens stood at a staggering $27 Billion USD at the start of 2022. Fast forward to 2023, and that amount stands at a much cooler figure…

$22M of Curve Finance algo stablecoin minted since mainnet launch

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Decentralized finance (DeFi) protocol Curve Finance has launched its native algorithmic U.S. dollar-pegged stablecoin, dubbed “crvUSD” on the Ethereum mainnet — minting more than $22 million worth of the crvUSD so far. According to data from blockchain explorer Etherscan, the contract has minted more than $22 million worth of crvUSD in the past 8 hours, with $20 million of that amount minted within the first 5 minutes. Screenshot of crvUSD transaction data. Source: Etherscan The deployment of crvUSD on the Ethereum network is a significant step towards the public release…

CoinMarketCap to Launch ‘Killer Whale’ Competition Show

Beginning on May 2, interested parties can submit their applications to Hello.one and CoinMarketCap, and those chosen will go through several rounds of interviews in Hollywood, California. Filming for the show begins in June, and the show is slated for release across major streaming services and Hello Labs’ on-demand Hello TV service. Source