Tag: Launches

Argentinian Cryptocurrency Exchange Buenbit Launches Stablecoin Yield Instruments – Bitcoin News

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Buenbit, one of the leading Argentinian cryptocurrency exchanges, announced the inclusion of two stablecoins in its current yield program. The company will allow its customers to earn yields of up to 11% annually on their USDC and USDT funds, with the earnings being deposited in customers’ accounts daily, targeting high inflation markets. Buenbit Announces USDC and USDT Yield Instruments More and more exchanges are trying to offer staking options for their customers, allowing them to earn money with the funds deposited on their platforms. Buenbit, an Argentinian exchange,…

Huobi Launches Blockchain and Web3 Investment Arm Ivy Blocks – Bitcoin News

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Huobi, a leading cryptocurrency exchange, has announced the creation of a new investment arm to tackle decentralized finance and Web3 projects. Ivy Blocks, as it was named by the exchange, will focus on finding projects in seed stages to aid them via financing and other supporting services with the objective of making a “better, more inclusive” Web3 ecosystem. Huobi Enters the Web3 Investing Scene With Ivy Blocks Web3 has become a thriving nascent industry with lots of crypto exchanges and VC firms joining the trend. Huobi, a top…

Moneygram Launches USDC Crypto-to-Cash Program in Certain Markets – Bitcoin News

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Moneygram, a remittance and payments company based in the U.S., has announced the integration of USDC, a dollar-pegged stablecoin, as a settlement asset for its cash to crypto and crypto to cash program. The company will first allow users to exchange USDC for cash and vice versa in certain markets, including Canada, Kenya, the Philippines, and the U.S., with expectations of extending it globally later. Moneygram Implements USDC Ramp Program Traditional remittance companies are now trying to include crypto in their operations and offer more crypto-related services. Moneygram,…

Number of DAOs surge, Solana launches $100M DeFi fund

This past week, the decentralized finance (DeFi) ecosystem was ruled by decentralized autonomous organizations and new fund launches for the growth of the Web3 ecosystem. The total number of DAOs surged by eight times while Solana launched a $100 million DeFi fund. Optimism, an Ethereum layer-2 protocol that Vitalik Buterin recently praised for its governance model, lost 20 million tokens due to a mix-up of layer-1 and layer-2 addresses. A leaked 600-page copy of a United States crypto draft bill also grabbed the community’s attention, as it proposes heavy regulatory…

MoneyGram’s USDC transfer service launches in several countries

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Cross-border transfer service MoneyGram officially launched its stablecoin-powered payment channel on Friday, giving users the ability to send USD Coin (USDC) payments worldwide that can be withdrawn as cash by recipients.  The service is being rolled out across several key remittance markets, including Canada, the United States, Kenya and the Philippines, Circle and MoneyGram announced Friday. Global cash-out functionality will be available by the end of June. To encourage adoption, the USDC transfer service will carry zero fees for the first 12 months. As Cointelegraph reported, MoneyGram’s new transfer service…

Huobi Global launches $1B investment arm focused on DeFi and Web3

Digital asset exchange Huobi Global has spun out a new investment arm focused on decentralized finance (DeFi) and Web3 projects, further highlighting venture capital interest in the blockchain economy.  Dubbed Ivy Blocks, the new investment arm has over $1 billion in crypto assets under management to deploy, a spokesperson for Huobi confirmed. These funds have been earmarked for “identifying and investing in promising blockchain projects,” the company said. In addition to financing, Ivy Blocks will offer various services to selected projects, including an asset management platform, a new blockchain incubator…

dotmoovs’ MOOV.CLUB Launches NFT Sneakers for Tik-Tok Dance Battles – Blockchain News, Opinion, TV and Jobs

Move2earn app dotmoovs, an AI-powered app that rewards its users interacting and getting active, has launched an NFT sneaker collection that rewards Tik-Tokers, hip-hoppers, movers, and shakers. 4,444 SNKRS have been released as NFTs under the MOOV.CLUB brand, powered by dotmooovs’ social-fi and metaverse technology. Move2earn is the fastest growing crypto vertical and dotmoovs taps directly into it, enabling SNKR wearers to participate in epic Tik-Tok dance-offs and earn crypto prizes for their fancy footwork. Armed with the dotmoovs app, participants simply require their smartphone camera and a SNKR NFT…

Alibaba Cloud launches NFT solution… then quickly memory holes it

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The cloud business unit of Chinese marketplace giant Alibaba Group Holdings launched a new NFT solution and then promptly deleted all mention of it online. According to a now-deleted Twitter post announcing the launch on June 8, the firm’s NFT marketplace solution included “web hosting, digital marketing & content delivery” infrastructure, but is no longer listed on its website despite. There are also no press releases or announcements related to the NFT solution on Alibaba’s website anymore, and while the solution’s webpage link still shows up in Google search results,…

Blockchain Firm Edge Launches Confidential Crypto Mastercard – Privacy Bitcoin News

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The San Diego-based cryptocurrency firm Edge has announced the launch of a confidential crypto Mastercard that doesn’t collect KYC data and doesn’t charge transaction fees. Edge’s website notes that there’s “no name or address associated with [the] Edge Mastercard” giving privacy advocates peace of mind. Edge Reveals Privacy-Centric Crypto Mastercard The digital currency firm Edge has announced the launch of the Edge Mastercard, a loadable crypto debit card that doesn’t collect KYC data. Edge revealed the Mastercard on Twitter and told the company’s followers: “Zero fees. Instant funding — With…

Solana Ventures Launches $100 Million Fund Focused on Web3 Projects in South Korea – Bitcoin News

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Solana Ventures has revealed the launch of a $100 million fund dedicated to Web3 startups in South Korea. According to Solana Labs’ general manager Johnny Lee, the capital will be dedicated to non-fungible tokens (NFTs), decentralized finance (defi), and game finance (gamefi) development. Solana Ventures Reveals $100 Million Web3 Fund Dedicated to Finding Talent and Innovative Startups in South Korea Proponents behind the smart contract protocol Solana plan to expand into South Korea by offering a Web3 fund worth $100 million to startups and developers creating Web3 projects. Solana Labs’…