Tag: Launch

IQ and Frax Launch KRWQ, First Korean Won Stablecoin on Base Network

Key Notes KRWQ represents the inaugural large-scale stablecoin denominated in Korean Won, addressing an unfilled market niche. The token leverages Frax’s infrastructure backed by BlackRock’s BUIDL fund and employs LayerZero’s OFT standard for seamless blockchain interoperability. Access to minting and redemption requires KYC verification and excludes Korean residents, targeting global DeFi applications instead. IQ and Frax announced the launch of KRWQ on Oct. 30, marking the first fiat-backed stablecoin pegged 1:1 to the South Korean Won. The token launched on Base, Coinbase’s Ethereum Layer 2 network. IQ described the launch…

Aster’s Rocket Launch Campaign Sparks 15% Price Breakout

Key Notes The Rocket Launch initiative rewards traders with ASTER and project tokens funded through buybacks and partner contributions. CZ’s pardon amplified bullish sentiment across BNB ecosystem tokens, particularly those he has publicly endorsed like Aster. Whale accumulation drove the price surge despite lower retail participation, as indicated by declining trading volume during the rally. ASTER posted a strong 15% rally on October 23, as its price climbed from just under $1.00 to an intraday peak of $1.11, propelling its market capitalization past $2.2 billion. The surge followed the official…

Opensea CEO Announces SEA Token Launch to Revive NFT Sector in Q1 2026

Key Notes OpenSea CEO Devin Finzer confirms SEA token launch in Q1 2026 with 50% supply reserved for the community. The SEA token will integrate staking, trading, and on-chain liquidity features across OpenSea’s ecosystem. The announcement comes as NFT market capitalization declines to $5.2 billion, down from a $25 billion peak in 2021. On Friday, October 17, CEO Devin Finzer announced via X that Opensea will launch a native token, SEA, in Q1 2026, transitioning from an NFT marketplace to a full-suite on-chain trading platform. OpenSea crossed $2.6B in trading…

Bitcoin dips below $110k as spot ETFs see $536m outflows; XYZVerse jumps with CS2 League launch

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XYZVerse launches first crypto-powered CS2 league with $5.5m prize pool and on-chain transparency. Summary XYZVerse launches the first crypto-powered CS2 league with a $5.5m prize pool, uniting esports and blockchain. The new XYZVerse CS2 league brings transparency, rewards, and on-chain engagement to competitive gaming. With 1m+ expected views and growing demand, XYZVerse boosts exposure and utility for its community and token holders. Bitcoin’s value takes a sharp turn amid…

Asian Executives Join Forces to Launch $1B Ethereum Trust Fund

Key Notes Former Huobi chief Li Lin partners with early Ethereum backers from Fenbushi, HashKey, and Meitu to create regulated Ether vehicle. The trust has already secured $700 million in commitments and explores using a Nasdaq-listed shell company for structure. ETH consolidates below its 50-day moving average at $3,875, though institutional demand could support long-term price appreciation toward $7,000. A group of Asian executives with deep roots in crypto is setting up a new trust to accumulate Ethereum ETH $3 845 24h volatility: 1.2% Market cap: $462.96 B Vol. 24h:…

Japan’s Top Banks Unite for Stablecoin Launch

Key Notes Japan’s top three banks will jointly issue yen- and dollar-pegged stablecoins. The move aims to create a unified structure for stablecoin transactions. Sony Bank seeks a US license to launch a dollar-backed stablecoin. Japan’s biggest banks are joining forces to bring stablecoins into the country’s financial mainstream. According to Nikkei, Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, and Mizuho Financial Group will jointly issue digital currencies pegged to the yen and eventually, the US dollar. A Unified Digital Payment System The three banking giants plan to create…

Bitcoin Meets IP: Lombard and Story Launch Partnership for Creator Economy

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Lombard, a Bitcoin-based decentralized finance (DeFi) platform, and Story, a layer one (L1) blockchain designed to make intellectual property (IP) programmable, have announced a strategic partnership aimed at linking Bitcoin-backed finance with digital content monetization. Lombard and Story Form Partnership to Integrate Bitcoin Into Intellectual Property Finance According to Lombard‘s announcement shared with Bitcoin.com News, […] Original

Kraken Buys CFTC-Regulated Exchange to Launch U.S. Derivatives Platform – SuperCryptoNews

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Cryptocurrency exchange Kraken announced today it has acquired Small Exchange, a futures exchange regulated by the U.S. Commodity Futures Trading Commission (CFTC), for $100 million from IG Group. The strategic acquisition of the Designated Contract Market (DCM) license is a significant move that paves the way for Kraken to launch a fully U.S.-native derivatives product suite. The acquisition is central to Kraken’s strategy to build a unified, high-performance trading environment, allowing it to create markets for exchange-listed derivatives in the massive U.S. capital market under CFTC oversight. Kraken Co-CEO Arjun…

Aptos Partners with India’s Largest Telecom Jio to Launch Blockchain Rewards for 500M Users

Key Notes India’s largest telecom operator integrates Aptos layer-1 blockchain to deliver practical rewards rather than speculative assets to subscribers. The beta program represents one of the largest real-world Web3 deployments by any telecom company in history globally. Aptos token declined 5% despite the announcement, following broader crypto market trends and showing muted investor reaction to the news. Aptos Foundation and Aptos Labs have entered a partnership with Reliance Jio, India’s largest telecom operator, to launch a blockchain-based rewards platform tailored for Jio’s subscriber base of over 500 million users.…

Societe Generale, Bitpanda Launch Regulated Stablecoins in DeFi

Key Notes SG-FORGE and Bitpanda are integrating EURCV and USDCV stablecoins into DeFi protocols. Bitpanda is the first European retail broker to offer on-chain yield opportunities with these regulated stablecoins. The alliance plans for future integration with Bitpanda’s upcoming Vision Chain and VSN token ecosystem. Societe Generale-FORGE (SG-FORGE) and the European crypto platform Bitpanda are deepening their alliance to bring regulated stablecoins into Decentralized Finance (DeFi). The companies announced on Oct. 14, 2025, that this decision will allow Bitpanda’s retail clients to use SG-FORGE’s EUR CoinVertible (EURCV) and USD CoinVertible…