Tag: Launches

DOJ Launches Network of Over 150 Federal Prosecutors to Combat Criminal Uses of Crypto – Regulation Bitcoin News

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The U.S. Department of Justice (DOJ) has established the nationwide Digital Asset Coordinator Network of over 150 federal prosecutors. The authority explained that the new network will further its “efforts to combat the growing threat posed by the illicit use of digital assets to the American public.” US Government’s Digital Asset Coordinator Network The U.S. Department of Justice (DOJ) announced Friday that its Criminal Division has established the nationwide Digital Asset Coordinator (DAC) Network. The Justice Department noted that the DAC Network launch is “in furtherance of the department’s efforts…

DeFi Privacy Protocol Railgun Launches Protected Mobile Wallet App

As a layer 1 application, Railway Wallet will take advantage of security features provided by the Ethereum blockchain’s main network, in addition to utilizing Railgun’s open-source code. In the run-up to the on-chain wallet’s launch, cybersecurity firms Trail of Bits, Hacken, and ABDK Consulting have audited the code, with Zokyo Security Team giving the code a 100 rating. Source

Zircon Finance launches mainnet to mitigate impermanent loss on Moonriver

Zircon Finance, an automated market maker (AMM) and a decentralized exchange on Moonbeam, announced the launch of a mainnet network to address investor’s challenges related to impermanent loss in decentralized finance (DeFi). Impermanent loss relates to a condition wherein investors lose assets they hadpreviously dedicated to providing liquidity to a liquidity pool for earning profits via yields. The mainnet network, dubbed Zircon Gamma, aims to counter such losses through single-sided liquidity over the Moonriver network, which tranches or splits risks between a volatile cryptocurrency and a stablecoin. For example, in…

Tesla launches new Cyberwhistle that can only be bought using Dogecoin

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According to a new product catalog posted on Wednesday, electronic vehicle manufacturer Tesla is rolling out a new Cyberwhistle inspired by its futuristic Cybertruck series. The firm wrote: “Inspired by Cybertruck, the limited-edition Cyberwhistle is a premium collectible made from medical-grade stainless steel with a polished finish. The whistle includes an integrated attachment feature for added versatility.” All sales are final, and products are expected to ship within 4 to 6 weeks. On top of that, Tesla requires buyers to pay only in Dogecoin (DOGE). The price tag at the…

Linux Launches Foundation to Bolster Open-Source, Multi-Purpose Crypto Wallets – News Bitcoin News

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On Tuesday, the non-profit technology consortium, the Linux Foundation, announced the launch of the Openwallet Foundation (OWF) in order to bolster the development of open-source crypto wallets. OWF’s goal is to increase “interoperability for a wide range of wallet use cases” and to develop a “secure, multi-purpose open source engine” that anyone can use to build a wallet. Linux Launches Openwallet Foundation to Support Development of Open-Source Crypto Wallets The Linux Foundation (LF) has supported open-source software since the foundation’s inception 22 years ago. The foundation is made up of…

Binance US launches low-barrier Ethereum staking ahead of The Merge

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On Wednesday, the U.S. subsidiary of cryptocurrency exchange Binance announced that it would introduce an Ethereum staking program with annual percentage yields of up to 6.0%. Unlike direct staking on the Ethereum network, which would require 32 Ether (ETH), only 0.001 ETH would be required under the new service introduced by Binance US. Regarding the development, Brian Shroder, CEO of Binance US, said:  “ETH plays a critical role in the broader Web3 ecosystem. As the Ethereum network continues to transition towards The Merge, we are thrilled to offer ETH staking with…

ETC Group launches crypto ETP based on PoW Ethereum hard fork

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Digital asset-backed securities provider ETC Group will continue to rely on Ethereum’s original proof-of-work (PoW) consensus for its current Ethereum exchange-traded product (ETP). ETC Group officially announced on Wednesday the launch of a new Ethereum ETP in response to the upcoming Ethereum Merge. Scheduled to occur in mid-September, the Ethereum Merge is a long-awaited consensus upgrade that is set to move the Ethereum blockchain from mining-based PoW to mining-free proof-of-stake (PoS). ETC Group’s new Ethereum ETP will rely on a forked PoW Ethereum chain, representing a group of miners opposing…

Aquis Exchange Launches EU-Wide Dark Trading Venue

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Aquis Exchange, operator of the world’s only subscription-based trading venues, on Monday launched the EU Aquis Matching Pool (APM). Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and Payments. APM EU is an off-exhange venue that offers dark trading services to countries that comprises the European Union (EU). Dark trading is the trading of shares or stocks in anonymised ‘dark pools’ or private exchanges where prices are only disclosed after the trading deals have…

LG Launches NFT Platform With Hedera Blockchain

South Korea-based digital manufacturer LG Electronics has launched a new NFT platform in collaboration with Hedera blockchain. The platform LG Art Lab will allow users to buy, sell and put up digital art or non-fungible tokens (NFTs) on their television sets, the company announced. While Swiss-based Tag Heuer became the first watchmaker in June to announce a tool to allow watch owners to display NFTs on their smartwatches, the Seoul-based television company has become another top company to add value to the NFT space with this new mew move. The company…