Tag: Launches

Primex Finance Launches Its Beta Version, Letting Users Experience Its Cross-DEX Trading Features – Blockchain News, Opinion, TV and Jobs

Primex Finance, the first-ever cross-chain prime brokerage protocol, launches the Primex Beta on the Ethereum Goerli testnet. The Beta version allows users to experiment with the protocol’s cross-DEX spot margin trading. With the Beta launch, Primex also introduces the new Referral Program for early users, offering benefits to early registrants and referral-based rewards. DeFi holds the potential to financially empower investors and traders in ways that were previously unimaginable in the traditional financial world. Despite that, most of the existing DEXs with margin trading features still use centralized trade execution…

Crypto Data Science Shop Gauntlet Launches Treasury Management System for DAOs

“The only institutions that are fully on-chain that could generate organic demand for these derivatives products are DAOs, which have a need to deploy tokens strategically to maximize their longevity,” Chitra said in an interview. “DAOs have this capital, so it’s about starting a flywheel where they send allocations to other on-chain protocols, which causes the liquidity to rise in those protocols and lowers the price for execution, and then it makes it easier for new DAOs to purchase. That feedback loop has been missing.” Source

Robo-Adviser Betterment Launches Cryptocurrency Offering

boss

Over 730,000 retail customers can now invest in four curated portfolios of crypto assets covering everything from broad market themes to decentralized finance (DeFi) tokens, with metaverse plays and sustainability in between. They’re constructed for ease of access, Jesse Proudman, vice-president of crypto investing at Betterment, told CoinDesk. Source

Stellar Development Foundation launches $100M fund to support native smart contract adoption

boss

The Soroban Adoption Fund incentivizes developers to begin building products and tools on the new smart contract platform. Stellar Development Foundation (SDF), the nonprofit organization supporting the development of the Stellar network, has launched a new funding initiative to encourage developers to build on the Soroban smart contract platform, which officially went live on Futurenet on Oct. 11.  Soroban brings Turing-complete smart contracts to the Stellar blockchain, enabling developers to build new financial services rails on the network, SDF said. Tomer Weller, SDF’s vice president of technology strategy, said Soroban…

BNY Mellon, America's oldest bank, launches crypto services

boss

The bank will store private keys and provide bookkeeping services equivalent to those offered to fund managers in traditional assets. BNY Mellon launched a digital custody platform to safeguard select clients’ Ether (ETH) and Bitcoin (BTC) holdings on Oct. 11, making America’s oldest bank the first large bank in the country to offer the custody of digital assets and traditional investments on the same platform.  According to a statement, the bank will store private keys to access the funds and provide the same bookkeeping services offered to fund managers in…

Polygon Launches zkEVM Testnet — Defi Projects Uniswap, Lens, Aave Join Testing – Technology Bitcoin News

boss

The blockchain project Polygon has announced the launch of the zkEVM public testnet, a layer two (L2) scaling solution announced in July that aims to reduce fees and inherit the security of the Ethereum blockchain. Polygon considers the testnet “the first open-source zkEVM network,” and developers are encouraging people to join the testnet, report bugs, and explore the code hosted on Github. Polygon Releases zkEVM Test Network On Monday, Polygon announced the project’s zkEVM testnet is live and the project’s team is inviting users to help them “battle-test” and speed…

Japanese Telecom Giant NTT Docomo Launches $412 Million Metaverse Unit – Metaverse Bitcoin News

boss

NTT Docomo, the largest telecom carrier in Japan, has launched a new division that will be dedicated to directing its metaverse push. The unit, named Qonoq, is already operating and has a staff of 200 people, researching and developing software and hardware solutions directed to integrate extended reality products for customers of the Japanese carrier. NTT Docomo Gets Into the Metaverse Telecom companies around the world are interested in the metaverse and the new services this digital world can bring to their customers. NTT Docomo, the biggest wireless…

Multiverse Labs launches government-backed metaverse city in UAE

boss

Multiple emirates in the UAE are looking to the metaverse to boost tourism in their respective regions. Sharjah now joins Dubai in broadening its Web3 ambitions. Artificial intelligence ecosystem Multiverse Labs has launched a new metaverse city in the United Arab Emirates (UAE), a move the emirate said could enhance the region’s tourism industry. The new metaverse city, dubbed Sharjahverse, was described by Multiverse Labs as a “photorealistic, physics-accurate” metaverse that encompasses the emirate’s 1,000 square-mile surface area. The virtual city will support the local tourism industry and potentially create…