Tag: Launches

Blockchain.com Launches New Asset Management Service BCAM

Cryptocurrency exchange Blockchain.com launched Wednesday a new asset management brand called BCAM, aiming at institutional investors, family offices, and high net worth individuals. BCAM was created in partnership with investment firm Altis Partners to provide clients with strategies by tracking the price of Bitcoin against the U.S. dollar. At the same time, based on its algorithm, it gives customers investment access with Bitcoin with lower risk and lesser volatility. Chief Strategy Officer Charlie McGarraugh said: “Like everything in crypto you won’t know until you try. But like with everything in crypto,…

Ukrainian Charity Organization Launches NFT Sale – Featured Bitcoin News

boss

A newly established Ukrainian charity organization, Pray4Ukraine, has brought together hundreds of digital artists that are using art to raise funds for the Ukrainian army and civilians devastated by the war. The organization is also attempting to use the power of art to help end the war in Ukraine. 10,000 NFTs Created A newly launched Ukrainian charity project, Pray4Ukraine, has brought together hundreds of the country’s digital artists who have created 10,000 NFT art pieces. Working in concert with Pray4Ukraine, the artists hope to raise funds that will be used…

Blockchain.com launches asset management for institutional investors

boss

Blockchain.com, a cryptocurrency exchange and financial services firm, has reportedly launched an asset-management service for its wealthy customers. According to Bloomberg, the service is known as BCAM and will serve institutions, family offices and high-net-worth individuals. BCAM was founded in collaboration with Altis Partners, a futures portfolio manager that also manages investment portfolios using blockchain technology. Blockchain.com is the underlying platform that powers BCAM. The new service, which has yet to be officially announced by either Blockchain.com or Altis Partners, is based on a strategy that tracks the price of…

Ledger launches NFT-focused hardware wallet Nano S Plus

boss

Ledger, a major supplier of hardware wallets designed for secure storage of cryptocurrencies like Bitcoin (BTC), is launching a brand new wallet specializing in nonfungible tokens (NFTs). The new product, called Ledger Nano S Plus, is the next generation to the original Nano iteration released in 2016, and is designed with NFT collectors’ needs in mind, Ledger announced to Cointelegraph on Tuesday. The new Ledger Nano S Plus is the sixth hardware wallet produced by Ledger since the company introduced its first wallet HW1 back in 2015, chief experience officer…

BaFin Launches Investigation against UpbitFx Exchange

boss

The German financial regulator, BaFin, announced on Monday a formal investigation of UpbitFx Exchange ltd. According to the press note, the platform is not authorized to conduct business or provide financial services in Germany. BaFin says it has reason to suspect that the platform is used to provide banking services and financial services without the necessary authorization based on the contents of the website upbitfxexchange.com and information and documents available to BaFin. “In several places on its website, the company claims to be regulated by BaFin. This claim is not…

Intel launches new Bitcoin mining chip Blockscale

boss

On Monday, semiconductor manufacturing titan Intel unveiled its new Bitcoin (BTC) mining chip, Blockscale. The application-specific integrated circuit, or ASIC, hardware is designed to operate on proof-of-work blockchains using SHA-256 encryption. As told by Intel, Blockscale will have a hash rate of up to 580 gigahash per second (or 0.58 terahash per second, TH/s), consuming between 4.8 to 22.7 watts of power, and having an energy efficiency of up to 26 joules per terahash (J/TH). Each chip can be combined and merged into a single mining unit, increasing its output…

Staking Solution Chorus One Launches Up to $30M Proof-of-Stake Investment Fund

Chorus One has previously deployed “millions” of dollars to 26 projects before formally setting up a venture investment arm, according to Meegan. The company has prioritized investments in networks where the company runs nodes, the mechanisms that make staking possible. The staking provides deep technical knowledge, rewards, tokens and revenue, and the additional investment can result in even more tokens, Meegan said. Source

Axie Infinity’s Ronin bridge faces worst hack, Binance launches Bridge 2.0 and more

boss

The last week of March saw the decentralized finance (DeFi) market surge to new highs as institutional investors returned to the market. Amid the rising popularity of DeFi products, Axie Inifity’s Ronin bridge faced the worst hack in crypto history, raising security concerns for the market. MetaMask integrated Apple Pay support, allowing users to purchase crypto using their Apple Pay account directly, and Binance launched Bridge 2.0 to integrate CeFi and DeFi into one platform. Looking at the price side, the majority of DeFi tokens in the top 100 not…

CHILIZ Launches Layer 1 Blockchain for Sports and Entertainment Industry

Chiliz has announced the launch of the Scoville testnet for the newly established Layer 1 blockchain network Chiliz Chain 2.0 (also known as CC2). Chiliz (CHZ) is a blockchain-based sports platform that aims to provide blockchain-based solutions for the sports industry and help fans participate in the token economy. The Chiliz Chain 2.0 will focus on Web3 capabilities in the sports and entertainment fields, and build NFT and game-to-earn (P2E) games while accelerating the development of fan tokens and decentralized finance (DeFi) applications Chiliz Chief Strategy Officer Max Rabinovitch explained…