Tag: Launches

Filecoin Launches FWS, Decentralized Alternative to Amazon Web Service

Prior to the launch of the FWS, the protocol launched its Filecoin Virtual Machine Compatibility which supports smart contracts. Blockchain-based storage network, Filecoin Network has announced the launch of its proprietary Filecoin Web Service (FWS) a cloud-based decentralized alternative to tech giants like the Amazon Web Service (AWS), and Microsoft Azure amongst others. As announced by the protocol, the launch of FWS marks a very big milestone for its engineering team and the new protocol will be based on the Filecoin protocol. In describing the new service, Filecoin said its…

Web3 social media protocol launches ‘layer 3’ to provide instant posts

boss

The team behind Lens, a Web3 social media protocol, has announced the launch of a new “layer 3” network to scale blockchain social media apps. Called “Bonzai,” the new network processes and stores posts, comments and shares, taking this data off the Polygon network and thereby increasing scalability for Lens, according to an April 26 announcement viewed by Cointelegraph. Introducing Bonsai, an Optimistic L3 scaling solution, that will process transactions at hyperscale, and is designed to support the next generation of web3 social users. Available for Lens devs in closed…

Circle launches cross-chain USDC transfer protocol for Ethereum, Avalanche

boss

Circle, the creator of US Dollar Coin (USDC), has launched a mainnet protocol that lets users transfer USDC between Ethereum and Avalanche, according to an April 26 announcement. Previously, Avalanche users who held USDC on Ethereum had to deposit their coins with a Circle partner or use a third-party bridge to transfer their USDC from one network to the other. The new Cross-Chain Transfer Protocol (CCTP) protocol appears to do away with this need for USDC bridges. The team released a video on April 13 showing how the new protocol…

Decentralized Exchange Vertex Launches on Ethereum Layer 2 Arbitrum (ARB) Blockchain

boss

Vertex, which had been operating on a test network, combines an off-chain order book layered on top of an on-chain automated market maker on a decentralized, self-custodial exchange. The firm, which has bases in Singapore and the Cayman Islands, counts Jane Street, Dexterity Capital, Hudson River Trading, GSR, Collab+Currency, JST Capital, Big Brain and Lunatic Capital among its early backers. Source

ICO launches FOI toolkit topic to help public bodies deal with vexatious requests

Continuing with its commitment to improving freedom of information (FOI) services, the Information Commissioner’s Office (ICO) has launched the third topic in its FOI toolkit to enable public authorities to self-assess how they deal with vexatious requests. The FOI Act includes a provision that does not oblige a public authority to comply with a request for information if the request is vexatious. That means whether an information request is likely to cause a disproportionate or unjustified level of disruption, irritation or distress. The appropriate use of this provision protects public…

Romania Makes Web 3.0 Move, Launches NFT Trading Platform

There is now a high expectation that Romania will see a big boost, especially in the area of the adoption of Web 3.0 and blockchain technology. Romania, keen on driving Web 3.0 adoption in the country, is set to launch a national non-fungible token (NFT) trading platform through the National Institute for Research and Development in Informatics (ICI Bucharest). According to reports, the NFT marketplace, dubbed ICI D|Services, will go live on April 26. That is, public and institutional users may begin to mint, manage and trade their unique NFTs…

Cardano launches wrapped bitcoin (cBTC) on its anetaBTC testnet 

boss

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Cardano has successfully launched a wrapped bitcoin (BTC) token dubbed cBTC on its anetaBTC testnet. The move is aimed at attracting bitcoin users to Cardano’s DeFi ecosystem.  cBTC goes live on the anetaBTC testnet  In a bid to attract bitcoin (BTC) liquidity to its burgeoning decentralized finance (DeFi) ecosystem, Cardano, the blockchain network powering ADA, the world’s 7th-largest cryptocurrency has introduced wrapped bitcoin (cBTC) on its anetaBTC testnet. According to the team, the new wrapped bitcoin…

Binance Launches Ether-Based Liquid Staking Product WBETH to Rival Liquid Staking Competitors – Altcoins Bitcoin News

boss

In an announcement made on April 24, Binance, the cryptocurrency exchange with the largest trade volume, unveiled its latest staking product, wrapped beacon eth (WBETH). This new addition to Binance’s staking solutions is built on the Ethereum network, joining the ranks of other competing liquid staking products such as Lido, Coinbase, Rocket Pool, and Frax. WBETH Emerges as Binance’s New Solution to Ethereum-Based Staking Liquid staking products based on Ethereum have been gaining popularity over the past two years. According to defillama.com metrics, as of this writing, there are over…

Gemini launches non-US crypto derivatives platform amidst regulatory crackdown

As the regulatory crackdown on cryptocurrency exchanges in the United States continues, Gemini, a leading cryptocurrency exchange, has announced the upcoming launch of Gemini Foundation, a non-US crypto derivatives platform.  The move comes amid growing scrutiny by the United States watchdogs, including the Securities and Exchange Commission (SEC), which has been targeting exchanges like Binance, Kraken, and Coinbase. Gemini Foundation’s first derivatives contract will be bitcoin (BTC)perpetual contract denominated in Gemini dollars (GUSD), with an ETH/GUSD perpetual contract set to launch soon after. The platform will allow eligible customers in 30 countries, including…

Societe Generale Subsidiary Launches Euro Stablecoin, but Faces Criticism Over Smart Contract Issues – Bitcoin News

boss

According to Societe Generale-Forge (SG-Forge), a regulated subsidiary of Societe Generale Group, the company has launched a stablecoin pegged to the euro and issued on the Ethereum blockchain. During the launch announcement, SG-Forge’s CEO stated that a stablecoin “built under a robust banking-grade structure” will be a key element to increase trust and confidence in the native cryptocurrency ecosystem. SG-Forge Reveals Institutional-Grade Stablecoin EURCV A new euro-denominated stablecoin is coming to the cryptocurrency ecosystem, issued by SG-Forge, a digital currency-focused subsidiary of the French multinational investment bank and financial services…