Tag: Launch

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…

ProShares prepares to launch unique Short Ether Strategy ETF

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ProShares introduced a trio of Ethereum futures ETFs in the recent weeks. Presently, the company is gearing up to provide a distinctive offering. ProShares’ Short Ether Strategy ETF (SETH) from the fund group is poised to commence trading shortly, following the debut of the initial Ethereum futures ETFs by about two weeks. SETH, scheduled for listing on the NYSE Arca exchange, aims to achieve daily investment outcomes that mirror the inverse of the daily S&P CME Ether Futures Index performance, as indicated in a filing made on Friday, Oct. 13.…

Ankr teams up with XDC Network to launch RPC Integration

Ankr has announced a significant partnership with XDC Network, a Layer 1 blockchain platform for trade finance and asset tokenization. The partnership will enable Ankr to offer its Remote Procedure Calls (RPC) service to XDC Network, enhancing its performance, security and scalability. RPC is a protocol that allows applications to communicate with each other across different networks. Ankr’s RPC service provides a reliable and cost-effective way for developers and users to access various blockchain networks, such as Ethereum, Binance Smart Chain, Polygon and Solana. Ankr’s RPC service also supports Web3…

Binance announces launch of perpetual contracts

Binance today announced the launch of U-based BIGTIME perpetual contracts. At the same time, the exchange avoided launching spot trading of BIGTIME, in an action similar to how they treated the Blur Token, the native governance token of Blur. Available to the public According to CoinMarketCap, Big Time is a multiplayer action RPG that combines combat with an open gaming economy that simultaneously leverages very visible Web3 elements.  As part of the announcement to launch a perpetual contract with up to 20x leverage, Binance states that depending on market risk factors, it will…

Trezor Marks 10th Anniversary with New Products Launch

As part of its celebration, the Czech-based firm has launched three new self-custody products. Hardware crypto wallet provider Trezor is in the mood for celebration after reaching the milestone of being in business for ten years. As part of its celebration, the Czech-based firm has launched three new self-custody products. The new Trezor products are a new wallet, a proprietary private key backup solution, and a Bitcoin BTC-only wallet. Trezor Unveils 3 New Products In its official announcement dated October 12, Trezor disclosed that the new wallet, dubbed  Trezor Safe…

Chinese government-owned newspaper to launch NFT platform

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China Daily, an English-language newspaper owned by the Publicity Department of the Chinese Communist Party, wants to create its very own metaverse and nonfungible tokens (NFTs) platform. According to a recent announcement, China Daily is awarding 2.813 million Yuan ($390,000) to a third-party contractor that can design the NFT platform within its budget specifications. The contractor can be “either a Chinese or foreign” firm specializing in blockchain, China Daily wrote. In addition, the mainnet of the blockchain firm that wins the contract must be capable of handling upwards of 10,000…

Amazon to Launch First Satellite Test Mission for Project Kuiper 

The company initially planned to test its internet satellites aboard ULA’s new Vulcan rocket earlier this year. However, the e-commerce giant faced an unforeseen setback when the rocket experienced an explosion. Amazon is set to take its internet satellite “Project Kuiper” on its first mission to space on Friday, October 6. In a recent announcement on Tuesday, the company said that Project Kuiper will be taking a “protoflight” mission into space with the launch of two test satellites, KuiperSat-1 and KuiperSat-2. The e-commerce giant aims to compete with SpaceX’s Starlink…

Flare partners with Avascan Block to launch Flarescan explorer

Flare, a layer-1 platform that gives developers access to high-integrity data from other chains, has partnered with Avascan Block Explorer to launch Flarescan, a blockchain explorer for the Flare ecosystem. Flare partners with the Avascan team Flarescan would provide users and developers with an enhanced, user-friendly data experience on flarescan.com and on the Routescan block explorer platform as an ecosystem explorer. As a block explorer and analytics platform for the Flare ecosystem, which includes the Flare and Songbird mainnets and the Coston and Coston2 testnets, the fully integrated Flarescan would…