Tag: Launches

Turkish Referee Flips Bitcoin at Istanbul Derby Kick-Off, Soccer Authority Launches Probe – Bitcoin News

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A soccer referee’s decision to toss a bitcoin before the start of a recent match between Istanbul giants Beşiktaş and Fenerbahçe has sparked controversy in Turkey. The country’s football authority is trying to establish why a crypto coin was used for the ritual when that role should have been reserved for the Turkish lira. Bitcoin Coin Toss at Soccer Game Under Investigation in Turkey The latest clash between Istanbul soccer clubs Beşiktaş and Fenerbahçe ended in a 1-1 draw but it’s not the tight game that drew the most attention,…

Aurora launches $90M fund to finance DeFi apps on Near Protocol

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Aurora, an Ethereum Virtual Machine (EVM) designed to scale decentralized applications (DApp) built on the Near protocol, has launched a token fund worth $90 million.  The fund was launched today in partnership with Proximity Labs and will be focused on financing decentralized finance (DeFi) applications on the Near protocol. Near Protocol is a DApp platform that focuses on usability among developers and users. As an emerging layer-1 competitor to Ethereum, Near Protocol is also smart-contract capable and runs a proof-of-stake consensus mechanism. Funding was provided by Aurora Labs, which allocated…

Warren Buffett-Backed Nubank Launches Crypto Trading — Holds Bitcoin on Balance Sheet – Finance Bitcoin News

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Warren Buffett-backed Nubank, one of the world’s largest digital banking platforms, has launched cryptocurrency trading. Starting with bitcoin and ether, the bank explained that its 54 million customers can “buy, hold and sell cryptocurrency all from the same app, with no need to open new accounts or transfer money.” Nubank Now Offers In-App Crypto Trading Nubank, one of the world’s largest digital banking platforms, announced Wednesday that it is entering the crypto trading market. The bank serves around 54 million customers across Brazil, Mexico, and Colombia. The announcement details: The…

Nubank, Brazil’s Largest Digital Bank, Launches Bitcoin and Ether Trading

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Mexican Crypto Exchange Bitso Launches Stable Yield Program – Exchanges Bitcoin News

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Bitso, a Mexico-based cryptocurrency exchange, is expanding its range of crypto investing options. The company has announced it will now allow customers to earn funds just by holding bitcoin or stablecoins in its wallet. The program, called Bitso+, will offer different yields based on the quantities deposited by users, and it is designed to help customers tackle inflation problems in Latam. Bitso Introduces Yield Program for Bitcoin and Stablecoins Bitso, one of the biggest cryptocurrency unicorns in Latam, is expanding its services offerings by introducing new yield services…

Lloyd’s-Licensed Broker Launches Crypto Insurance Product

“As well as protecting the actual physical digital assets, there’s a whole other world of risk that also needs to be covered,” said Superscript digital assets lead Ben Davies in an interview. “So, if a platform goes down, or there are privacy breaches, ransomware attacks, breaches of contract, copyright and IP infringement. All that needs to be covered for crypto companies to move into the mainstream.” Source

NBA Top Shot Creator Dapper Labs’s Flow Launches $725m Blockchain Ecosystem Fund

NBA Top Shot producer Dapper Labs has announced a $725 million eco-fund for Layer 1 blockchain platform Flow to develop its growing ecosystem. In this round of funding, investors include Andreessen Horowitz (a16z), Coatue, Union Square Ventures, Greenfield One, Digital Currency Group (DCG), Fabric Ventures, Liberty City Ventures, and CoinFund. The fund aims to support games, infrastructure, decentralized finance, content and creators on the flow blockchain, while also tailoring corresponding ecosystem grants based on the type of project. Dapper Labs CEO Roham Gharegozlou said in a statement： “We are thrilled…

Hyperdex Launches Mainnet to Introduce Advanced Trading Features For DeFi Users

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Hyperdex, a Swiss-based decentralized exchange (DEX), announced its mainnet is finally going live following the successful period of its testnet. The launch of the mainnet brings along three major advancements on the platform, named “cubes”, enabling users to adjust to the Hyperdex network and unlock its vast capabilities. Going live on Wednesday, the Hyperdex mainnet will introduce the Fixed Income, Algo Trading, and Race Trading cubes, adding to a plethora of features available including token swaps, liquidity provision & staking. According to a team statement, the three “cubes” will be…

Ilies Larbi Leaves FXCM, Launches New Crypto Exchange

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In a Finance Magnates exclusive, we can reveal that FX industry veteran Ilies Larbi, has departed from FXCM after nearly 15 years of service. Larbi, a well-known and popular figure in the FX industry, has departed FXCM to launch Ouinex, an international crypto exchange headquartered in France. The Paris-based Larbi departs FXCM having most recently held the role of Global Head of Retail Partnerships for the last year and a half in a long and distinguished career with the international broker. Having started as a sales associate in 2007, Illes…