Tag: Launch

Blast Secures $1.1B in Deposits Ahead of Launch

The native BLUR token has also seen positive price movements. 2024 is only a few days away and we already have many highly anticipated blockchain projects in the works. Even though it is the holidays, crypto lovers are still engaging with these projects and many of them seem very promising. Take Blast, a layer-2 blockchain that is being launched by the creators of Blur. The blockchain will not be fully live until February 2024 but has already reported an impressive $1.1 billion in deposits. Blast Makes a Splash According to publicly…

7RCC, Gemini to launch environment-friendly Bitcoin ETF

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A new player in the ETF market, 7RCC, is aiming to introduce an innovative, environmentally friendly Bitcoin fund.  7RCC Global will primarily invest in Bitcoin while allocating a significant portion of its portfolio to carbon-credit futures. The intent is to offer an investment solution that taps into the burgeoning Bitcoin market and addresses environmental concerns. Bitcoin has always been a hot topic for the environmental implications of its mining process. The mining procedure, essential for transaction verification and the generation of new Bitcoin, relies heavily on energy-intensive computer networks. The…

Palau advances CBDC with Ripple in Phase 2 of PSC program launch

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The Ministry of Finance in Palau officially launched the second phase of the Palau Stablecoin (PSC) Program. Jay Hunter Anson, a cybersecurity consultant in Palau, confirmed the initiation of the country’s CBDC pilot program in a post.  Anson expressed that Palau aims to extend its partnership with Ripple in this next stage, allowing the PSC team to leverage Ripple’s CBDC platform and technical expertise. PSC is a digital currency pegged to the U.S. dollar at 1:1. The USD-supporting PSC is stored in a commercial bank with FDIC insurance. The Palau…

Taiwan officials launch inquiry into crypto betting on election results: Report

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With the Taiwan presidential election looming within a month, residents of Taiwan have been reportedly warned against using cryptocurrency betting platforms to wager on the presidential outcome. This advice comes amid an ongoing investigation, with several individuals already called for questioning. According to a recent local report, a number of Taiwanese citizens have participated in the decentralized betting platform Polymarket to place bets on the upcoming presidential election scheduled for January 13, 2024. “The community reported that several individuals have been summoned for investigation by prosecutors and investigators for participating…

FIFA and Modex Collaborate to Launch NFT Collection as 2023 Club World Cup Begins

The collection will include 100 NFTs and provide fans with the possibility to win 2026 World Cup Final tickets. FIFA is partnering with blockchain database provider Modex to launch a limited NFT collection series with real-world utility as the 2023 Club World Cup begins. The Club World Cup will start on 12 December in Jeddah, Saudi Arabia, and end on December 22. It will bring together the seven reigning champions from across the world. These are the champions of FIFA’s six confederations: Al Ahly (Africa), Auckland City (Oceania), Club Leon…

El Salvador approves launch of Bitcoin volcano bonds for Q1 2024

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El Salvador’s Bitcoin “volcano bonds” are set to be launched in early 2024 following reported regulatory approval. The National Bitcoin Office (ONBTC) announced on Dec. 11 that the bonds had received approval from El Salvador’s Digital Assets Commission, with a planned release in Q1 of 2024. The bonds, with a ten-year duration, offer an annual return of 6.5% to investors. 🚨BREAKING NEWS🚨 The Volcano Bond has just received regulatory approval from the Digital Assets Commission (CNAD). We anticipate the bond will be issued during the first quarter of 2024. This…

El Salvador’s Volcano Bond gets regulatory approval, targets Q1 launch

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El Salvador’s long-anticipated Bitcoin bonds, also known as “Volcano Bonds” have received the regulatory nod, and are expected to launch early 2024. The Volcano Bond was approved by El Salvador’s Digital Assets Commission and is anticipated to launch during the first quarter of 2024, according to a Dec. 11 statement from The National Bitcoin Office (ONBTC) of El Salvador. BREAKING NEWS The Volcano Bond has just received regulatory approval from the Digital Assets Commission (CNAD). We anticipate the bond will be issued during the first quarter of 2024. This is…

TRON TVL up 91.6%, Pullix could rally after launch

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. CoinGecko data shows that TRON (TRX) is now the second-largest network by total value locked (TVL). Meanwhile, Pullix (PLX) is gaining traction as the first community-backed exchange to provide 24/7 access to markets, including crypto. TRON’s TVL up 91.6% in 2023 TRON is now the second-largest network by TVL, according to CoinGecko’s October 2023 report. The report indicates that TRON’s TVL grew from 12.3% ($4.1 billion) in January 2023…