Tag: Launch

Bitcoin Ordinals team launch non-profit to grow protocol development

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A non-profit organization dedicated to growing the development of nonfungible tokens (NFTs) on Bitcoin (BTC) has been launched by the team behind the Bitcoin Ordinals protocol. The California-based nonprofit called the Open Ordinals Institute will bolster the Ordinals protocol by providing funding to the team’s core developers, which includes the project’s pseudonymous lead maintainer Raph. In total, four team members will serve on the board of the new nonprofit; Raph, Bitcoin-focused podcast host Erin Redwing an anonymous Ordinals developer known as Ordinally and Ordinals creator Casey Rodarmor. The Ordinals protocol…

Over $28 Million In SHIB Withdrawn From Exchanges Ahead Of Shibarium Launch

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The Shibarium Layer-2 upgrade is launching any day now, and it looks like some big SHIB players are making moves ahead of the launch. According to on-chain data, over $28 million in SHIB tokens have been withdrawn from major crypto exchanges in the just concluded month of July.  Massive Withdrawals Signal Investor Interest in Shibarium According to data shared on Twitter by crypto analyst Ali Martinez, backed up by on-chain chart data from IntoTheBlock, around 3.30 trillion SHIB were withdrawn from known crypto exchanges in July, the highest SHIB withdrawal…

Meta to launch AI chatbots with personalities to retain users: Report

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Meta, the parent company of Facebook and Instagram, plans to release artificial intelligence (AI) chatbots with human-like personalities as it focuses on user retention efforts, according to a report from the Financial Times.  On Aug. 1 the FT reported that people close to the matter said prototypes of the chatbots have been underway with the final products being able to hold discussions with users at a human level. The range of chatbots will be able to display different personalities and are expected to be released as early as next month,…

Pond0X token launch snafu leads to millions of dollars in losses

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The launch of memecoin Pond0x has led to millions of dollars in losses for investors, according to multiple reports on social media on July 28. Data from the Maestro trading app shows that the Pond0x (PNDX) token reached a price of $0.36 before collapsing to near zero in a span of five minutes. Maestro chart of PNDX/USD during its launch. Source: Maestro The launch of Pond0x was announced on July 28 by “Pauly,” the pseudonymous founder of Not Larva Labs who is known only by his Twitter username. Not Larva Labs…

Scammers pile on to impersonate Worldcoin on Twitter following token launch

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Several fake accounts on Twitter — currently rebranding to X — were pushing malicious links to users following the launch of the Worldcoin human identity verification token. July 24 marked Twitter’s rebrand to the letter “X” as well as the launch of the Worldcoin token. Though the change in brand has had mixed reactions online, the social media platform has not changed its policy of purchasing or applying to display differently colored check marks based on the type of account — a policy that went into effect in December 2022…

Worldcoin (WLD) Signups Dwindle Less Than A Week After Launch

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Newly-launched project Worldcoin has failed to achieve significant progress as signups for the platform’s ‘Digital ID’ continues to dwindle since launching on July 24.  What Is Wrong With Worldcoin? Controversies surrounding the project and reservations like privacy concerns have brought about skepticism and reluctance to sign up on the platform. As part of the sign-up process, users must scan their iris using “The Orb,” available at designated locations worldwide. Once the user is verified as human, they receive the “World ID” alongside 25 WLD, the project’s native token, worth roughly…

Binance to launch Japanese crypto services in August

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance will re-enter the Japanese market for the first time since 2018 following its November 2022 acquisition of Sakura Exchange BitCoin. Crypto exchange titan Binance will launch fully compliant digital asset services for users in Japan by August after the company was forced to exit the country back in 2018 due to regulatory issues. According to a Bloomberg report, the company’s re-entry into the Japanese market follows a takeover of locally regulated digital trading venue Sakura…

Grimace deploys on DogeChain, plans to launch DEX and P2E game

Grimace Coin is a meme coin project on DogeChain. It launched following a light-hearted exchange on Twitter between Elon Musk and McDonald’s. This prompted a team of developers to release GRIMACE, the Grimace Coin’s native token. In the past, Musk has tweeted about Dogecoin (DOGE), driving prices higher. The DRC-20 standard   DRC-20 tokens are the native crypto assets of the DogeChain network. They are similar to ERC-20 tokens on Ethereum. However, they can hold many assets, including digital currencies, non-fungible tokens, and more. The launch of GRIMACE on DogeChain has…

Ducati Partners With Ripple, Prepares To Launch NFT Collection On XRP Ledger

Following a long-term interest in Web3, Ducati partnered with payment company Ripple and is set to launch its first non-fungible token (NFT) collection on the XRP Ledger this week. This step is the motorcycle company’s first venture into the Web3 space and blockchain technology. Ducati Delves Into Web3; Prepares To Launch First NFT Collection Ducati, a renowned motorcycle manufacturer established in 1926, is set to enter the world of Web3 by launching its first-ever digital collectibles on the XRP Ledger. The Bologna-based firm believes this step is essential to strengthen…

Worldcoin may face UK data regulators inquiry days after launch: Report

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The newly launched controversial crypto and ID project Worldcoin could face inquiries from data regulators in the United Kingdom as it raises concerns over privacy and critical biometric data safety, according to a Reuters report. The Information Commissioner’s Office (ICO) — the U.K.’s data regulatory body — acknowledged the launch of the crypto project in the country, and said it would examine the project and make further inquiries concerning data laws, reported Reuters. When Cointelegraph reached out to the ICO to ask about its reported probe into Worldcoin, the agency declined…