Tag: Launches

Switzerland’s fourth-largest bank ZKB launches crypto services

Zurich Cantonal Bank, Switzerland’s fourth-largest bank, has launched crypto trading and custody services, expanding its financial offerings. Zurich Cantonal Bank, Switzerland‘s fourth-largest bank, has officially entered the crypto market, offering its clients the ability to trade and store Bitcoin (BTC) and Ethereum (ETH). In a Sept. 4 press release, the bank said the new offering is integrated into its existing digital platforms, including ZKB eBanking and ZKB Mobile Banking. The bank has partnered with Crypto Finance AG, a subsidiary of Deutsche Börse Group, to execute crypto trades, the press release…

Dash Launches Evolution Platform, Ushering in a New Era of Decentralized Applications

Dash has officially launched its Evolution platform, marking the biggest release in the cryptocurrency’s history. The Evolution chain is now live, producing blocks, executing data contracts, and sending files to decentralized storage. This platform, which began as a vision for blockchain-level usernames and contact lists in 2015, has evolved into a comprehensive decentralized application platform. […] Source CryptoX Portal

Frax Finance Launches Frax Name Service for Decentralized Identity Management

Frax Finance has launched the Frax Name Service (FNS), a decentralized identity service that allows users to register unique names on the Frax blockchain. Frax Finance Expands Ecosystem With Launch of Frax Name Service Frax Finance has introduced the Frax Name Service (FNS), a decentralized identity service designed specifically for the Frax ecosystem. FNS is […] Source CryptoX Portal

Donald Trump Launches 4th NFT Collection Featuring Him Holding Bitcoin — Says ‘They Call Me Crypto President’

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Former U.S. President Donald Trump has released a fourth series of non-fungible token (NFT) digital trading cards. The collection includes 50 unique cards, featuring images such as Trump holding bitcoin. Collectors may receive a physical trading card containing a piece of a suit worn during the presidential debate with Joe Biden and could be invited […] Original

Bitcoin L2 network Mezo launches yield token stBTC

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Mezo, a Bitcoin layer-2 network aiming to expand the decentralized finance (DeFi) market on the flagship blockchain, has launched its liquid-staked Bitcoin token, stBTC. The introduction of stBTC brings Bitcoin (BTC) yield to Mezo, the Pantera-backed project announced on Aug. 28. StBTC is a token backed 1:1 with tBTC, the Bitcoin bridge token powered by The Threshold Network. According to Mezo, users can now mint stBTC against their Wrapped Bitcoin (WBTC) and tBTC, a Bitcoin-backed token that allows holders to participate in Ethereum (ETH) DeFi applications. Expanding BitcoinFi Mezo claims…

Proof of Play Adds ‘Boss’ as 2nd Arbitrum Orbit Chain, Lombard Launches LBTC

Lombard has publicly launched LBTC, a “cross-chain, yield-bearing Bitcoin token designed for DeFi use.” According to the team: “The launch follows a successful private beta that attracted more than $165 million in deposits from over 600 institutional allocators. LBTC allows users to stake Bitcoin through Babylon and utilize it across various DeFi protocols. Initial integrations include major DeFi protocols such as Symbiotic, Morpho, Pendle, Corn, Gauntlet, Derive, EtherFi and Gearbox.” Source

Russia Launches State-Backed Crypto Exchanges and Stablecoin to Challenge U.S. Dollar Dominance – SuperCryptoNews

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In a bold move to reduce its reliance on the U.S. dollar and circumvent the impact of Western sanctions, Russia is set to launch two state-backed cryptocurrency exchanges in Moscow and St. Petersburg. This strategic initiative aims to integrate digital currencies into Russia’s trade settlement processes and promote the use of local currencies like the Russian ruble and Chinese yuan over the U.S. dollar. Introduction of a Yuan-Pegged Stablecoin To further strengthen its position within the BRICS alliance, Russia is also introducing a new stablecoin pegged directly to the Chinese…

CME launches small Bitcoin ‘Friday Futures’ to attract retail investors

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CME Group is set to introduce a new Bitcoin futures contract, dubbed Bitcoin Friday futures, on September 30, pending regulatory approval. These smaller-sized contracts are designed to attract retail investors who may find existing offerings or the price of Bitcoin (BTC) too large and expensive.  Priced at one-fiftieth of a Bitcoin, Bitcoin Friday Futures — or BFF contracts — will be cash-settled, meaning they won’t settle in crypto. They will expire every Friday, providing traders with a more accessible and flexible option for managing their Bitcoin exposure, according to a…

Webull UK Launches Exchange-Traded Options and New Savings Features

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Webull UK, a digital investment platform, has announced the launch of options trading for its users. This new feature is designed for sophisticated, active traders who seek to profit from fluctuations in share prices while managing risk. Exchange-Traded Options Launch Options trading on Webull UK offers limited counterparty risk due to exchange trading, reducing the likelihood of price manipulation by a single market maker. This development comes shortly after the introduction of Webull Savings, which allows UK users to access various savings accounts and facilitates the rapid transfer of funds…