Coinbase Launches New Initiative To Promote Crypto Exchange Transparency and On-Chain Accounting

US crypto exchange giant Coinbase is launching an initiative to help encourage more transparency among firms in the industry, particularly in regard to proof of reserves. In a blog post, Coinbase says it’s exploring new ways to prove reserves using more crypto-native methods, plus announcing a $500,000 developer grant program to encourage others to do so as well. Coinbase says that following the collapse of crypto exchange FTX, investors in the space deserve assurance that they’ll have the ability to withdraw their funds after depositing to centralized platforms. The firm…

Bitget Launches Major Campaign With Messi to Reignite Confidence in the Crypto Market – Press release Bitcoin News

press release PRESS RELEASE. Seychelles, Nov 26, 2022 – Leading global cryptocurrency exchange, Bitget, has announced a series of marketing campaigns with Lionel Messi, the Argentinian Football legend, with the launch of the brand film to celebrate the 2022 World Cup. With this USD 20 Million investment in campaigns and rewards, Bitget aims to benefit users with attractive rewards, help enhance market sentiment and reignite confidence in the crypto industry. Bitget announced its partnership with Lionel Messi with the first announcement campaign “A Perfect 10” in late October, receiving an…

Binance Launches Billion-Dollar Crypto Industry Recovery Fund to Restore Confidence After FTX Meltdown – Finance Bitcoin News

Binance has committed $1 billion to a crypto industry recovery initiative to restore confidence following the collapse of crypto exchange FTX. Several other crypto companies have joined Binance’s efforts and committed capital for the recovery fund. Crypto Industry Recovery Initiative Launched Cryptocurrency exchange Binance unveiled Thursday some details of its Industry Recovery Initiative (IRI), which the crypto firm described as “a new co-investment opportunity for organizations eager to support the future of web3.” The announcement states: Initially, Binance will commit USD 1 billion to IRI-themed investment opportunities with an intent…

Crypto Exchange OKX Launches New Proof-of-Reserves System Allowing Users To Verify Their Assets

Crypto exchange OKX is launching a new proof-of-reserve system that enables customers to verify their digital assets. The Seychelles-based firm says the OKX Proof of Reserves (PoR) will provide a means for users to verify that their funds are backed 1:1 by real assets. “At OKX, we hold a 1:1 reserve of all customer assets on our platform and pride ourselves on our long-standing reputation for best-in-class security. Now, we’re empowering you with greater transparency than ever before through PoR, a common cryptographic audit.” OKX is launching its first PoR…

Bybit launches $100M support fund for institutional traders

Crypto derivatives exchange Bybit has launched a new support fund to help institutional traders access liquidity in the wake of the FTX collapse — an event that triggered a fresh wave of panic selling across the digital asset space. The support fund, valued at $100 million, is available to market makers and high-frequency trading institutions struggling with financial or operational difficulties following the collapse of FTX earlier this month, Bybit disclosed on Nov. 24. The funds will be distributed to eligible applicants at a 0% interest rate. To be eligible,…

Data Lake Launches Consent-to-Earn Medical Data Donation System – Press release Bitcoin News

press release PRESS RELEASE. The EU-funded web3 startup Data Lake has launched the world’s first medical data donation system, based on Distributed Ledger Technology and with a novel incentives mechanism that rewards people for their medical data altruism called “Consent-to-Earn” (C2E). They recently launched their pilot program to collect patient consents in multiple Polish hospitals. Partnering with the Polish Donate Your Data Foundation, the startup has collected hundreds of consents already, and their oldest data donor (or “Data Hero” as they are called) is in their nineties, proving the potential…

Casper Association launches $25M grant to support developers on its blockchain

Scalable blockchain network Casper announced the launch of its new Casper Accelerate Grant Program on Nov. 23, created to support developers and innovators who are building apps to support infrastructure, end-user applications, and research innovation on its blockchain. JUST IN from @nextblockexpo: We’re glad to announce the launch of a $25M Casper Accelerate Grant Program. This fund will support learning, development, and innovations in Infrastructure, #dApps, #DeFi, #Gaming & NFTs. Learn more https://t.co/jClYyYxRVW pic.twitter.com/V8KszHEjM3 — Casper (@Casper_Network) November 23, 2022 The Casper Network is a Proof-of-Stake (PoS) enterprise-focused blockchain designed to…

Mattel Launches NFT Marketplace With Hot Wheels Collection

Ron Friedman, Vice President at Mattel Future Lab, said in a statement that the development of a homegrown NFT platform will also the company “to translate iconic Mattel IP (intellectual property) into digital art.” Hinting at future releases with the company’s roster of toy brands, Friedman said: “This is the latest evolution of our digital endeavors, and we look forward to sharing more drops soon inspired by some of the world’s favorite Mattel brands.” Original Source CollectionHOTLaunchesMarketplaceMattelNFTWheels CryptoX Portal