Tag: Launches

NFT and Digital Asset Authentication Technology Launches on KuCoin June 30th

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REV3AL, a new and innovative cryptocurrency project, comes at a critical time in the crypto sector when scams and fraud are on the rise. As a solution to the hindering growth of the digital media market, REV3AL offers digital copyright protection and anti-counterfeiting solutions for artists, creators, and intellectual property owners. With its multi-layer authentication and anti-counterfeiting protocol, REV3AL hopes to play a major role in protecting digital media, on platforms such as NFT market places, gaming platforms and the metaverse. Venture capital firms and private investors have invested in…

Anchorage launches Ethereum staking for institutional investors

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Anchorage Digital, a San-Francisco-based digital platform that owns the first federally chartered crypto bank, will open an option to stake the Ethereum (ETH) for institutions. This move comes in anticipation of the Ethereum network’s long-promised shift from proof-of-work (PoW) to proof-of-stake (PoS) protocol.  Anchorage announced on Tuesday its intention to introduce ETH staking — a practice of earning rewards for serving as a transaction validator in the Ethereum blockchain — for institutions. Diogo Mónica, co-founder and president of Anchorage Digital, called staking a win-win for institutional investors and the ecosystem:…

Luxor Launches Hosting Marketplace for Bitcoin Miners Amid Build-Out Delays

“There have been widespread delays in infrastructure build outs due to supply chain constraints, operational complexity and power delays,” Lauren Lin, Luxor’s operations manager, told CryptoX. “These problems have led many investors such as family offices, hedge funds, and high-net worth individuals to look at hosting options with established miners to get up and running.” Source BitcoinBuildOutDelaysHostingLaunchesLuxorMarketplaceMiners CryptoX Portal

Luxor Launches Hosting Marketplace for Bitcoin Miners Amidst Build-Out Delays

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“There have been widespread delays in infrastructure build outs due to supply chain constraints, operational complexity and power delays,” Lauren Lin, Luxor’s Operations Manager told CoinDesk. “These problems have led many investors such as family offices, hedge funds, and high-net worth individuals to look at hosting options with established miners to get up and running.” Original

Central African Republic president launches crypto initiative following Bitcoin adoption

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Faustin-Archange Touadéra, president of the Central African Republic, has announced the government will be backing an initiative centered around developing the country’s blockchain infrastructure. In a Monday announcement on Twitter, Touadéra said the CAR government would be launching Sango, a crypto initiative proposed following the country’s adoption of Bitcoin (BTC) as legal tender in April. According to Sango’s website, the government intends to launch the program during a July 3 event in which the president, members of his cabinet and industry experts will discuss the physical and digital infrastructure needed…

Meta Launches Meta Pay, a Metaverse Dedicated Digital Wallet – Metaverse Bitcoin News

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Meta, the metaverse-based platform, has announced the launch of a new wallet directed to support value interaction in the metaverse. Meta Pay, a rebrand of the former Facebook Pay service, will keep fulfilling the same functions that Facebook Pay did in the past, but will be developed as a universal way of paying for goods and services using digital identities in the metaverse. Facebook Pay Rebrands to Meta Pay Meta is trying to solve the problem of transaction and value interactions in the metaverse. The company announced the…

Tencent Launches Extended Reality Unit to Tackle the Metaverse Market – Metaverse Bitcoin News

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Tencent, the Chinese technology and entertainment giant, announced the creation of its own metaverse-driven division. The division, named the extended reality unit, will be the one tasked with encompassing all metaverse-driven efforts, including hardware and software developments. According to reports, the company aims to employ over 300 in this unit, with Tencent giving it big importance even among executing cost-cutting measures. Tencent Officially Announces Metaverse Division Tencent, one of the biggest Chinese software companies, has taken another step toward getting into the metaverse. According to Reuters, the Chinese…

Binance Launches New Platform for VIP and Institutional Crypto Investors – Exchanges Bitcoin News

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Crypto exchange Binance has launched a new platform for VIP and institutional investors. The VIP program allows Binance users to “get rewarded with more discounts and VIP privileges” as their trading volume climbs up VIP tiers. ‘Binance Institutional’ Launched Global cryptocurrency exchange Binance announced Thursday the launch of “Binance Institutional,” a new platform for VIP and institutional cryptocurrency investors. It is one of Binance’s efforts “to upgrade its institutional offerings and services,” the exchange said. Binance Institutional’s services are tailored for all types of institutions, its website describes. They include…

Coinbase Launches First Crypto Derivatives Product Tailored Towards Retail Traders.

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In the midst of a collapse in the market for digital assets, cryptocurrency exchange Coinbase is launching a derivatives product next week. On June 27, Nano bitcoin futures, the exchange’s first listed product, will go live. Investors will be able to purchase contracts linked to the potential value of a tenth of a bitcoin. It will be reachable through clearing companies and independent retail brokers. Futures contracts can be used as a hedge for trading techniques by institutional and retail traders alike because they are smaller in size and need…