Tag: Launches

Platypus Launches Compensation Portal for Users Following $9.1M Hack

DeFi protocol Platypus outlined a plan in its recent compensation portal to reimburse users up to 78% of main pool funds.  Platypus Finance has created a compensation portal for users following the recent $9.1 million exploit. According to the decentralized finance (DeFi) protocol, this portal lets users view how much the platform owes them. Furthermore, the Platypus team added that should users discover calculation errors, they must submit the related evidence alongside a form before Friday. The Platypus compensation portal follows a February 23rd announcement that the team would return around 78%…

Coinbase Launches Crypto435 to Advance Pro-crypto Policy in All US Congressional Districts

Coinbase has promised to empower the Crypto435 community with information on how to connect with their political representatives. Coinbase Global Inc (NASDAQ: COIN) has undertaken several initiatives to steer forward cryptocurrency adoption in the United States. As the leading publicly traded cryptocurrency exchange, the company understands the need to educate policymakers about the nascent crypto asset industry. Furthermore, the policy decisions being stipulated in Congress now about the digital asset industry will significantly impact the way Americans interact with crypto in years to come. For instance, the United States Securities…

CoinEx Launches Auto-Invest Plan to Help Prudent Investors and Beginners Invest in Crypto With Ease – Press release Bitcoin News

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press release PRESS RELEASE. Crypto investors have access to a wide range of investment methods, including short-term and long-term trading, wealth management, and auto-invest, among others. As investors differ from each other in terms of risk appetite and expected return, it’s crucial to identify an investment strategy that suits one’s unique circumstances. For crypto beginners or prudent investors, “lazy” investment strategies such as auto-invest are always a good choice. So, what is auto-invest? Auto-invest is a process of automatically investing a fixed amount of money with regular cycles. This investment…

Yuga Labs Launches ‘TwelveFold,’ An NFT Collection On The Bitcoin Blockchain

Alright, they’re not exactly NFTs. Nonetheless, ‘TwelveFold’ is the name of Yuga Labs new venture to build creative on Bitcoin. There’s been substantial hype and interest in this unique corner of the NFT community, powered by inquisitiveness and bolstered by your everday crypto degen. It’s led to a very ‘underground’ feel that is bound to not last much longer – as things often move quickly in this space. What are Bitcoin NFTs all about? First: they’re ‘ordinals,’ not NFTs. And now that Yuga Labs is jumping in, we might find…

GameSwift Launches a Web3 Gaming Platform With Revolutionary Passwordless Sign-on System to Help Bring Gamers Into Web3 – Press release Bitcoin News

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press release PRESS RELEASE. GameSwift has announced the open alpha version of its all-in-one Platform for playing and building web3 games. It features the GameSwift ID – a revolutionary passwordless sign-on system with an in-built wallet that offers seamless web3 onboarding for games and players. In addition to this groundbreaking feature, the company has garnered attention for its strategic partnerships with Polygon and Casper Network, which aimed to accelerate the mass adoption of web3 games. The newly released GameSwift Platform and its Launcher and ID components create a comprehensive hub…

Coinbase launches grassroots campaign for pro-crypto policy in the U.S.

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Coinbase has launched a grassroots political campaign to promote pro-crypto policies, according to a Feb. 28 Twitter thread from the company. The company said that the #Crypto435 campaign is intended to “grow the crypto advocacy community and share tools and resources,” so that crypto users can make their voices heard in all 435 congressional districts. 1/ It’s time to advance pro-crypto policy in all 435 Congressional Districts across the U.S. Introducing #Crypto435, our campaign to grow the crypto advocacy community and share tools and resources to make your voice heard.…

Bitcoin-Based NFTs Cross 200,000 Ordinal Inscriptions, Yuga Labs Launches Twelvefold Collection – Bitcoin News

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On Monday, Feb. 27, 2023, the number of Ordinal inscriptions on the Bitcoin blockchain crossed 200,000 at 1:02 p.m. Eastern Time. In addition to the 200,000 inscriptions, Yuga Labs, creators of the Bored Ape Yacht Club (BAYC) non-fungible tokens (NFTs), revealed that the team had created a collection of 300 generative ordinal NFTs called Twelvefold. Bitcoin Clocks Over 200,000 Ordinal Inscriptions to Date; Yuga Labs Enters Bitcoin-Based Digital Collectibles Market Ordinal inscriptions continue to be minted on the Bitcoin blockchain and on Monday afternoon at 1:02 p.m. (ET), the number…

Mawson Infrastructure Group Launches Bitcoin Mining Operation in Pennsylvania, Exits Australia – Mining Bitcoin News

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The bitcoin mining operation, Mawson Infrastructure Group, Inc., announced that the firm has broken ground at a new site in Sharon, Pennsylvania. Reports detail that Mawson has delivered six modular production units capable of housing 3,528 application-specific integrated circuit (ASIC) bitcoin miners, or approximately 12 megawatts (MW) of capacity. The new Mawson site is capable of reaching 4.2 exahash per second (EH/s) when fully complete. Mawson Deploys Six Modular Bitcoin Mining Data Centers in Sharon, Pennsylvania Sharon, a city in western Mercer County, Pennsylvania, now has a bitcoin mining facility…

Huawei Cloud Launches Metaverse and Web3 Initiative to Foster Blockchain Adoption in Asian Region

Huawei Cloud partnered with Polygon, Deepbrain Chain, and others to bring its metaverse-inspired agenda to fruition.  Huawei Cloud recently launched the Metaverse and Web3 Alliance to further the adoption of decentralized technology in East Asia. The cloud arm of the Chinese multinational tech corporation partnered with several blockchain players to bring this initiative to fruition. These partners include BlockChain Solutions, Deepbrain Chain, Morpheus Labs, and Polygon, with many more expected down the line. The latest Huawei Cloud metaverse initiative also reflects other blockchain-centric projects ongoing in the Asia-Pacific region. Furthermore, this initiative also came…

Binance Launches Airdrop Portal for Holistic User Experience

Leading exchange Binance recently launched a dedicated Airdrop Portal that keeps track of all supported tokens.  Binance has announced the launch of an Airdrop Portal, which shows an overview of airdrops supported by the crypto exchange. With this new initiative, the Binance community can now keep abreast of the latest progress regarding airdrops. The one-stop Binance Airdrop Portal also provides comprehensive information on all available tokens hosted on the Portal. Available details include the Airdrop Period, Snapshot Time, Token Status, and Mode of Operation. Although Binance pledges to continually update the Airdrop…