Tezos-native NFT platform H=N gains steam, launches World Art Day fundraiser

Not all NFT platforms are for newly-rich crypto investors to flaunt their wealth, as one project is proving.  As the calls from artists and activists grow louder to reduce the carbon footprint of NFTs, one indie platform on environmentally-friendly proof-of-stake blockchain Tezos has seen a surge in activity and is currently hosting a World Art Day event to raise money for the open-source licensing organization Creative Commons. Hic et Nunc, or H=N, announced the event via a short press release from TQ Tezos, a Tezos ecosystem development foundation not formally…

Kinesis launches blockchain-backed monetary system in Indonesia

Kinesis, a gold-backed monetary system based in the Cayman Islands, has launched a Sharia-compliant version of its product in Indonesia, setting the stage for wider acceptance of its blockchain solution in the world’s largest Muslim-population country.  The product, PosGO Syariah, is described as the first mobile ecosystem business in Indonesia to be compliant with Islamic law. Delivered as an application and powered by blockchain technology, PosGO is a digitized physical gold trading platform that also allows users to conduct real-time, peer-to-peer transfers of gold and fiat currency. The platform also…

Digitex Launches Zero-Fee Spot Markets Creating All in One Exchange 

As the zero-fee spot markets join the flagship Digitex futures markets, traders now have the convenience of trading from one universal wallet. Commission-free cryptocurrency exchange Digitex Ltd. announced on Thursday, April 15th the launch of its new spot markets which will offer zero fees on all available crypto pairs. The all-in-one exchange now features six cryptocurrency trading pairs including DGTX/BTC, DGTX/ETH, ETH/BTC, BTC/USDC, ETH/USDC, and DGTX/USDC.  Digitex is no longer just a futures exchange, rather it’s a place where spot traders can place as many trades and transactions as they…

ShapeShift launches native Bitcoin trading via THORChain

ShapeShift, a cryptocurrency exchange based in Switzerland, has announced full integration with THORChain, enabling direct trading of native Bitcoin (BTC) with Ethereum (ETH) and Litecoin (LTC). As of Tuesday, ShapeShift’s mobile users have the ability to make cross-chain swaps without the use of an intermediary, custodian or counterparty of any kind. This capability will be extended to ShapeShift’s web-based platform in the coming weeks. Erik Voorhees, ShapeShift’s founder and CEO, explained the importance of the THORChain integration: “We believe finance must be open and immutable. The THORChain team has built…

Linux Foundation launches blockchain-based platform for insurance

The Linux Foundation, the nonprofit technology consortium that supports the Linux operating system, is backing a new blockchain-based project for the insurance industry. On Monday, the foundation announced the launch of the Open Insurance Data Link platform, a project that aims to reduce the cost of insurance reporting and create a standardized insurance data repository using distributed ledger technology. OpenIDL is a joint initiative of the Linux Foundation and the American Association of Insurance Services, a national insurance advisory organization in the United States. The open-source project brings together major global insurance…

dHEDGE launches tokenized index tracking its top 10-ranked traders

Decentralized fund management platform dHEDGE has launched a tokenized index that tracks its top-ranked traders. An ERC-20 token will also be issued for the index on automated market maker DEXes in futur. dHEDGE allows fund managers to launch actively managed investment pools powered by synthetic assets provided by Synthetix. “What dHEDGE is trying to do is crowdsource the best traders on the internet, and if you can create an index out of that, […] I think that’s tremendously powerful,” Apollo Capital chief investment officer and dHEDGE co-founder, Henrik Anderson, told Cointelegraph.…

Binance Launches Tradable Stock Tokens Beginning with Tesla Shares

Binance will use its BUSD stablecoin to price the tradable stock token.  Binance, the largest cryptocurrency exchange globally by volume, has launched zero commission and tradable stock tokens. According to a blog post by the company, Tesla Inc (NASDAQ: TSLA) shares will be the first to be tokenized. Notably, the minimum trade size of the Tesla stock tokens will be one-hundredth of the stock share. Binance Tradable Stock Token Binance users can now access the traditional stock market through the tokenized stocks backed by the underlying share market. “Binance serves…

Binance launches tradable stock tokens in Tesla

Cryptocurrency exchange Binance is launching tradable stock tokens that aim to enable a wider section of the public to pocket capital returns on equities, including potential dividends, without having to purchase full, traditional shares. The first publicly tradable equity in the form of a Binance stock token will be Tesla, the share price of which currently hovers around the $700 mark. Rather than purchase a full, traditional share, for which custody of a physical share certificate is required, users can purchase as little as one-hundredth of a Tesla share represented…

BSCPAD Launches, Revolutionizing the IDO Model With Over $300 Million Trading Volume – Press release Bitcoin News

press release PRESS RELEASE. The first decentralized IDO platform for the Binance Smart Chain Network launched with a bang. The BSC Launch Pad is currently on Pancakeswap, and will soon be released on several popular cryptocurrency exchanges. BSCPAD is empowering crypto currency projects with the ability to distribute tokens and raise liquidity. Through the tiered system, BSCPAD has found a solution to incentivize and reward all token holders in a way that is inclusive of everyone who holds tokens, not just the top 1%, bots, or random luck, with a…

NYDIG raises $100 million and launches ‘Bitcoin-powered’ insurance initiative

New York Digital Investment Group announced the completion of a growth capital funding round as well as the launch of a business initiative relating to Bitcoin. In an announcement today, the New York Digital Investment Group, or NYDG, said it had secured $100 million in funding from major insurance providers including Starr Insurance, Liberty Mutual Insurance, and others in addition to its existing strategic partners, New York Life and MassMutual. A provider of Bitcoin-related technology and investment services, NYDIG also said it would be launching “Bitcoin-powered solutions for U.S.-based life…