Tag: Launch

ECB Set to Launch CBDC Market Settlement Trials by 2024

As research continues into a possible digital euro, the ECB plans to begin trials that settle transactions using a CBDC. The European Central Bank will begin trials on market transaction settlements using distributed ledger technology (DLT) via a central bank digital currency (CBDC). The ECB’s readiness to begin the CBDC trials and experimentation follows the first meeting of the New Technologies for Wholesale Settlement Contact Group (NTW-CG). The minutes of the meeting explored transaction settlements between financial institutions in addition to the development of a CBDC. The ECB’s trials will begin…

Blockchain Project Worldcoin Taps Okta to Launch World ID

The press release explained how users can become fully verified by World ID – Worldcoin’s identity protocol. Blockchain identity project Worldcoin has announced a new collaboration with Okta – an identity management software. According to the announcement, the collaboration will help Worldcoin to launch its proposed identity protocol, World ID, in Germany. Worldcoin Floats World ID, Brags About Its Privacy Policy Per the announcement, World ID verification will start out in the German capital – Berlin. The new protocol will employ custom-designed hardware, called The Orbs, to verify German-based users…

Tech Startup Nothing Secures $96M Funding for US Expansion Ahead of Phone (2) Launch

Despite the challenging landscape of the smartphone consumer market and the economic climate, Nothing has achieved significant milestones and is poised for further growth. London-based tech startup Nothing has successfully closed its recent fundraising round with $96 million secured from both new and existing partners. The company was founded in 2020 by Carl Pei, the former co-founder of the smartphone maker OnePlus. In an announcement on Twitter, Nothing revealed that the investment round was led by the European venture capital company Highland Europe with participation from GV, EQT Ventures, and…

Sotheby’s to Launch New Gen Art Program Highlighting Generative Artists

The Gen Art Program at Sotheby’s will launch on July 26 and will highlight two to three generative artists per year. The first sale will honor generative art pioneer Vera Molnar, who is considered by many scholars to be the first female digital artist. Beginning her career in the mid-1940s, Molnar began creating computer art in the 1960s, building out an impressive portfolio that is regularly cited as an influence for modern generative artists such as Dmitri Cherniak and Tyler Hobbs. Source

Latin American Crypto Services Firm Ripio Receives License to Launch Exchange in Spain

The Argentinian crypto company’s license from Spanish authorities allows Ripio to add Spain to a growing list of countries where it operates. Ripio has obtained a license to operate as a digital asset exchange in Spain. According to an official announcement, the company now has approval to provide crypto exchange services and digital wallets to interested customers. Ripio CEO Sebastian Serrano said in a tweet that the approval is a result of hard work from the team. With the license, Ripio has joined a few crypto companies officially greenlit to provide crypto…

Swiss National Bank to Launch Wholesale CBDC (wCBDC) Pilot Soon

The decision to prioritize wholesale CBDCs, which involve tokenized securities, showcases the SNB’s commitment to thoroughly assess and manage any associated risks before considering the introduction of retail CBDCs. The Swiss National Bank (SNB) is set to create a digital currency known as a wholesale central bank digital currency (wCBDC). According to a Reuters report, the announcement was made by the head of SNB, Thomas Jordan, during a Point Zero conference in Zurich yesterday, 26 June. wCBDC by Swiss National Bank The wCBDC will be issued on the SIX digital…

Apple to Launch New Products Including iPhone 15 and Watch Ultra This Year

Apple would likely go ahead with a fall release for the iPhone 15, along with a few other new products slated for this year and 2024. Apple has a few new products in its roadmap for 2023 and well into 2024. The expected new products include the iPhone 15 and a new Apple Watch, among others. A Bloomberg report has highlighted products Apple lovers should expect following the company’s Vision Pro mixed-reality headset debut. For instance, Apple intends to release the iPhone 15 sometime in the fall of this year. While there is…

AAVE spikes 27%, whale accumulating ahead of GHO stablecoin mainnet launch

AAVE, the native governance token of Aave, a decentralized, multichain, and non-custodial lending and borrowing protocol, is up 27% as of June 25. The explosion of AAVE prices follow a lull and under-performance in the second half of the week when bitcoin and ethereum prices edged higher on improving trader sentiment and increasing institutional interest in some assets. AAVE pumping, whale accumulating When writing on June 25, AAVE is changing hands at $71, up 27% in the last 24 hours. Moreover, bulls have reversed all losses registered in June when prices plunged…

ETF Provider Primed To Launch First Leveraged Bitcoin Futures Exchange-Traded Fund in the US

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An exchange-traded fund (ETF) provider in the United States is reportedly close to launching a first-of-its-kind Bitcoin (BTC) fund. Volatility Shares, an ETF provider based in Mt. Kisco, New York, will start offering the “2x Bitcoin Strategy ETF” (BITX) next Tuesday, June 27th, according to the company’s website. Volatility Shares says the product is the first US-based ETF to offer leveraged long exposure to the cryptocurrency futures market. Explains the company, “BITX will seek daily investment results, before fees and expenses, that correspond to two times the return of the…