Tag: Launch

Gods Unchained Launches to 230M Users on Epic Games Store Ahead of Mobile Soft Launch 

According to executive producer, Daniel Paez, Gods Unchained is launching on the Epic Store to significantly expand its gaming audience. The Gods Unchained Web3 digital trading card game from Immutable Games is now available to a wider range of potential players as it launches on the Epic Games Store. Initially released in June 2019, Gods Unchained is a collectible card game where players build card decks and battle other players with their cards. Each card is an NFT tradable on the game’s marketplace on Immutable X, an Ethereum Layer-2 network. Launching on the…

Three Arrows Capital founders launch new VC fund

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On June 21, OPNX exchange, a platform for trading claims against bankrupt crypto entities, announced a new ecosystem partner dubbed “3AC Ventures.” According to developers, “the partnership will invest in projects building in the OPNX ecosystem and working towards a decentralized future.” OPNX was founded by Su Zhu and Kyle Davies, who co-founded the now-bankrupt Singaporean hedge fund Three Arrows Capital (3AC).  Citing the announcement, Kyle Davies commented, “3AC is dead, long live 3AC Ventures.” On the firm’s landing page, users are greeted with the text “3AC Ventures is focused…

Smart contract activity spikes on Filecoin 3 months after FEVM launch

Smart contract activities on the Filecoin network have surged following the Filecoin Ethereum Virtual Machine (FEVM) launch in March 2023. More smart contracts deployed on Filecoin  On-chain data reveals that the number of unique contracts deployed is currently at 2,200, while contract transactions now stand at 224,200 after recording a 1,100 increase within 24 hours of market activity. Contract balance charts are also showing a steady upward trend.  Filecoin total contract balance The Filecoin Ethereum Virtual Machine (FEVM) enables the execution of smart contracts on top of the Filecoin network.…

Britcoin’s Launch Nears after Project Rosalind CBDC Study

The Bank of England is progressing with its Britcoin digital currency project as it released results from the Rosalind project, which started in July 2022. As the idea of making cash more decentralized continues to grow in popularity, the CBDC has also been an up-and-coming project in different countries. Britcoin, the name for the Bank of England (BoE) digital currency, is also closer to being launched. The digital currency, which is to be backed by the British Pound, is aimed at sustaining the trust people have in money while protecting…

‘Britcoin’ launch inches closer after Project Rosalind CBDC tests

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The Bank of England (BoE) is a step closer to launching its central bank digital currency (CBDC) dubbed “Britcoin” following the conclusion of a trial study called Project Rosalind. The Bank for International Settlements (BIS) along with the BoE launched the joint experiment in July 2022 to explore how prototypes of an application programming interface (API) could be implemented in retail CBDC transactions. A June 16 report which summed up phase two of Project Rosalind found a CBDC could make payments between individuals cheaper and more efficient while allowing firms…

Bank of England (BoE) Concludes CBDC Test Project towards Potential Official Launch

Following a successful Project Rosalind CBDC test, the BoE is making progress with developing and launching a digital pound. The Bank of England (BoE) is moving closer to launching its Central Bank Digital Currency (CBDC) after its long test project on the potential benefits of the technology. The BoE launched Project Rosalind last year to help decide whether to float a CBDC. The BoE undertook the CBDC project in collaboration with the Bank of International Settlements (BIS) to practicalize CBDC usage. According to a report the BIS published on Friday,…

Alibaba to Launch TMall E-Commerce Site in Europe

When launched in Europe, TMall will focus on selling local brands to local shoppers. It is not yet clear if TMall will be merged in any way with AliExpress which is already present in Europe. Chinese multinational conglomerate Alibaba Group Holding Limited (HKG: 9988) is planning to reach the European market by launching TMall, one of its key e-commerce platforms, in the region. The initiative marks significant progress in Alibaba’s international strategy and reflects the giant taking its own niche in the European market. Speaking at the Viva Tech conference in Paris,…

EU regulator will launch MiCA consultation starting in July

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The European Union’s financial watchdog will launch a 3-part consultation process for the recently adopted Markets in Crypto Assets framework, or MiCA. In a notice posted to the European Securities and Markets Authority (ESMA) website on June 12, regulators said the consultation packages would cover the authorization, governance, conflicts of interest, and complaint handling procedures of MiCA starting in July 2023. The measures will be subject to approval by the European Commission, European Parliament, and European Council. The first consultation package will include technical standards on the application of crypto…

Google Postpones Launch of Bard Chatbot in EU Over Privacy Concerns

According to Irish watchdog DPC, Google has not provided enough information about Bard and specifically about how its generative AI tool ensures Europeans’ privacy. Tech giant Google LLC (NASDAQ: GOOGL) has been forced to postpone the launch of its Google Bard chatbot in the European Union following the ban from Irish Data Protection Commission (DPC). The latter cited privacy concerns to explain its decision. According to DPC, Google has not provided enough information about Bard and specifically about how its generative artificial intelligence (AI) tool ensures Europeans’ privacy. In other words, Google…