Tag: Launches

Blockchain Backed Webtoon Platform TooNFT Launches On Toomics Ecosystem

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TooNFT plans to develop a decentralized webtoon platform. The project has raised a staggering $1.75 million in a private round supervised by HG Ventures. The TooNFT project succeeds in attracting institutional investors such as Mindfulness Capital, Adaptive Labs, Prestige Fund, Alphabet, and GBIC. With the backing of such investors, TooNFT is set to become an incredible product. According to the press release, TooNFT will leverage the ecosystem of an immense profit-generating business model of Toomics, a South Korean Webtoon firm. The affiliate of the TooNFT, Toomics has become South Korea’s…

US Lawmaker Launches Bill to Prohibit the Fed From Issuing Digital Currency Directly to Individuals – Regulation Bitcoin News

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A U.S. lawmaker has introduced a bill in Congress to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals. “It is important to note that the Fed does not, and should not, have the authority to offer retail bank accounts,” he stressed. Bill Introduced to Prohibit the Fed From Issuing CBDC Directly to Consumers U.S. Congressman Tom Emmer (MN-06) announced Wednesday that he has “introduced a bill prohibiting the Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals.” He explained…

Bitcoin Mining Firm Luxor Launches ASIC Trading Desk – Mining Bitcoin News

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On January 11, 2022, the Washington-based bitcoin mining operation Luxor announced the launch of a new application-specific integrated circuit (ASIC) trading desk. According to the company, Luxor’s new trading desk will give miners and investors access to bitcoin ASIC mining rigs “at a fair market price.” NYDIG-Backed Mining Operation Luxor Reveals ASIC Trading Desk Service The bitcoin mining firm Luxor aims to purchase and sell bitcoin mining machines via the company’s new ASIC trading desk service. The press release published on Luxor’s web portal explains that the company “will purchase…

BBTV launches crypto payment solution for media monetization

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Content creators on BroadbandTV Corporation (BBTV) will soon be able to get paid in crypto. BBTV recently announced Pay to Crypto, a payment solution that lets creators get paid in Bitcoin (BTC), Ether (ETH), and USD Stablecoin (USDC).  With the newly-launched solution, creators only need to choose a crypto asset and provide a compatible wallet address, and BBTV will send their earnings directly. For some creators, being paid directly in crypto is a welcome benefit. In the announcement, content creator Joseph Hogue expressed his delight, stating “Being paid directly in cryptocurrency saves…

Gap Launches Gamified Collectible NFT Experience to Activate Community, Creativity and Self-Expression – Blockchain News, Opinion, TV and Jobs

Today, Gap announced the global launch of its first collection of non-fungible tokens (NFTs) to bring its brand and iconic product to new and existing customers in a rapidly evolving digital ecosystem. For this launch, the brand is introducing a gamified digital experience celebrating creatives and giving customers the unique opportunity to own a limited edition, collectible Gap hoodie. For this release, Gap is collaborating with Brandon Sines, the artist behind Frank Ape, for a limited edition drop. Community, creativity, and self-expression are core values in Sines’ art, which embodies…

Jack Dorsey Launches Bitcoin Defense Fund To Aid Devs Facing Litigation

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Jack Dorsey has announced the launch of a bitcoin defense fund that is aimed at bitcoin developers who are facing litigation. The space, although still new, has had its fair share of litigation as various devs have had to battle it out in the courts over their products. This fund will help to fund provide legal defense for these developers who otherwise would have folded due to lack of funds. Backing Up Bitcoin Developers In an email sent out to the bitcoin developers’ mailing list, Twitter ex-CEO Jack Dorsey announces…

Fashion Giant Gap Launches Gamified NFTs on Tezos

The Gap is the latest clothing brand to jump on the non-fungible token (NFT) bandwagon by teaming up with Tezos to debut its first collection. The San Francisco-headquartered retailer said Wednesday it is launching a gamified digital experience allowing customers to purchase a limited-edition Gap hoodie. Gap’s NFT collaboration is designed by Brandon Sines, the artist behind Frank Ape, a cartoon mythical creature, and will be built on the Tezos blockchain. Pieces can be purchased via the Gap NFT website and go on sale Jan. 13 for 2 XTZ each…

Chia Network Launches Native Peer-to-Peer Trading Services for Wallet Holders

Chia Network, the energy-efficient, blockchain and smart transaction platform created by BitTorrent founder Bram Cohen, is launching native, peer-to-peer exchange services for Chia wallet holders, the company said Tuesday. To support the product, called Offers, the company said that it was partnering with Stably to launch USDS on the Chia blockchain. USDS is the first dollar denominated stablecoin on the Chia blockchain. Stably will also make wrapped bitcoin and wrapped ether available on the Chia blockchain. “Chia is meeting critical security and compliance needs to make peer-to-peer transactions safer and…