Tag: Launch

Ledger to launch controversial recovery service

On Oct. 24, the controversial Recover service from hardware wallet manufacturer Ledger is expected to be released. This was confirmed by the company’s CTO, Charles Guilleme. The solution provides a paid, optional subscription wallet recovery service for users who need a secure seed backup, Guilleme said. Ledger Recover, provided by Coincover, is launching today! This solution is a paid, *optional* subscription wallet recovery service for users who want a secure backup of their Secret Recovery Phrase. 🧵 Let’s recap why this solution is a great and secure option for Ledger…

Upland blockchain game raises $7m ahead of token launch

Upland, a blockchain-based real estate collecting and trading game, has secured an additional $7 million in its Series A funding round. This investment is led by EOS Network Ventures and marks its first foray into the world of crypto gaming.  Upland expands crypto gaming metaverse The fresh capital injection from EOS, with participation from existing investors C3 Venture Capital and Animoca Brands, is earmarked for expanding the Upland game.  Upland’s standout feature is enabling players to purchase and sell digital versions of real-world properties on a virtual map. The funding…

Runtime And MultiversX Launch ZK Rolloups Backed With NASA Tech

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In the next three days, our team at NewsBTC will cover xDay 2023, an event organized by MultiversX in the Palace of Parliament, Romania. Formerly known as Elrond, the project rebranded in 2022 and focused on the Metaverse, scalability, and global adoption by simplifying users’ access to crypto. During the event’s final day, security audit firm Runtime Verification announced the launch of PI Squared, a universal ZK Rollup that will run on the MultiversX blockchain. The scaling solution is backed by technology developed by the U.S. National Aeronautics and Space…

Circle to launch new smart contract platform

Circle has announced the launch of two new products enabling web2 developers to create and deploy decentralized applications easily. The Circle Gas Station and Circle Smart Contract Platform products will provide developers a way to access USDC balances and transactions on multiple blockchain networks. The product will support multiple blockchain networks, including Ethereum (ETH), Solana (SOL), Algorand, Stellar, and others, allowing developers to choose the best fit for their use cases. The product will also enable cross-chain interoperability and composability, enabling dapps to interact with each other and existing protocols…

Google Data Reveals Surging Interest in Impending Bitcoin Spot ETF Launch

Many people across the globe are surfing the internet to understand the implications of the Bitcoin spot ETF approval and how they can maximize the benefits.  The buzz around the potential introduction of Bitcoin (BTC) into the mainstream financial sector through exchange-traded funds (ETFs) has gained the interest of everyday investors. According to insights from Google Trends, there has been an increased surge in searches related to the “spot Bitcoin ETF” for a five-year window, with the global search volume projected to hit a peak of 100 this week. Similarly,…

Will $0.055 Launch a Recovery Phase?

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Dogecoin (DOGE) has found itself in a precarious position, with its price being squeezed into a narrow range, hinting at a potential decisive breakout in the near future. Market analysts closely monitor the crypto’s struggle to breach a longstanding resistance trendline, as an upside breakout could trigger a fresh rally, while a continuation of the current stalemate may lead to a further decline. Earlier this week, DOGE encountered its fifth rejection from a persistent resistance trendline that has thwarted its upward momentum. The rejection left its mark on the daily…

Standard Chartered Bank to Launch Crypto Custody Service in Dubai

Starting from the first quarter of 2024, the crypto custody service will be operated by Zodia Custody – the leading institution-first digital asset custodian by Standard Chartered. British multinational services company Standard Chartered PLC (LSE: STAN) is planning to launch a crypto custody service for Bitcoin (BTC) and Ethereum (ETH) to institutional clients in Dubai, UAE. The service will be available as soon as the first quarter of 2024. In addition, the bank has ambitious plans to establish a cryptocurrency settlement network. Standard Chartered marked its presence in the UAE back in…

Ethereum layer 2 zkEVM ‘Scroll’ confirms mainnet launch

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Scroll, a new contender in the zero-knowledge Ethereum Virtual Machine (zkEVM) space that works to scale the blockchain, has confirmed the launch of its mainnet. The team behind Scroll announced the launch in an Oct. 17 post and added that existing applications and developer tool kits on Ethereum can now migrate to the new scaling solution. “Everything functions right out of the box,” the Scroll team said. After more than two years of building, we are thrilled to announce the launch of Scroll Mainnet. As we open the doors to…

Bitcoin Market Cap Could Rise By $1 Trillion After Spot ETFs Launch: CryptoQuant

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CryptoQuant has revealed in its latest report that the Bitcoin market cap could rise by as much as $1 trillion after launching the spot ETFs. Bitcoin Could See A 165% Rise When The Spot ETFs Launch Yesterday, fake news of the approved iShares Bitcoin spot ETF took the sector by storm, as all cryptocurrencies observed sharp rallies. At the peak of this surge, BTC had approached the $30,000 level. However, when the market realized the truth about the announcement, the asset quickly retraced to the levels it was at before…