Tag: Launches

Binance launches pilot program for bank custody of collateral

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Crypto exchange Binance launched a pilot program that allows banks to store trading collateral off-exchange, according to a Nov. 30 announcement. Binance claimed that the program will help to reduce counterparty risk. Binance trading interface. Source: Binance. According to the announcement, the program allows institutions to hold collateral at a third-party bank instead of depositing it to the exchange. This “replicates a framework common in traditional financial markets, which enables investors to proportion their crypto-asset allocation based on their risk tolerance,” the announcement stated. Collateral can be held in the…

CoinList Launches cForm, Revolutionizing Community Engagement in Crypto

The decentralized cForm aims to eliminate issues associated with spam accounts on platforms like Google Forms. CoinList, a renowned platform for crypto innovators, is elevating community-building strategies with the introduction of cForm. This new tool enables builders to swiftly establish on-chain whitelists, sign-up forms, or surveys, streamlining the process of attracting and validating community members. With cForm, builders can also create crypto-native forms that verify on-chain wallets, social media accounts, and gather valuable information without requiring extensive engineering efforts. The tool ensures the quality of responses by validating inputs, preventing…

Bitcoin Ordinals marketplace Bioniq launches on ICP

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Bioniq, a new marketplace for Bitcoin Ordinals, introduces a distinctive approach by operating on the Internet Computer (ICP) blockchain. The introduction of Bioniq, a Bitcoin Ordinals marketplace, marks a notable development in the evolving landscape of cryptocurrency. Distinctively, Bioniq operates on the Internet Computer (ICP) blockchain, a platform developed by Dfinity, rather than directly on Bitcoin. This approach positions ICP as a type of layer-2 network for Bitcoin, a significant deviation from traditional practices in this space. Hello world! We’re an experienced team of Web3 developers bringing you the worlds…

Former British Chancellor’s crypto firm Copper launches tokenized securities platform

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London-based crypto trading firm Copper plans to start offering tokenized securities early next year, according to reports on Nov. 29. Under the leadership of former British Chancellor Phillip Hammond, the company expects to capitalize on institutional investors’ demand. The service is expected to be first rolled out in Abu Dhabi, United Arab Emirates, by its new arm in the country, Copper Securities. The company is reportedly in the process of securing regulatory approval from local authorities. Copper plans to use blockchain technology to provide securities financing and other payment solutions…

Amazon launches ‘Q’ — a ChatGPT competitor purpose-built for business

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Amazon has launched its own artificial intelligence-powered assistant built for business, “Amazon Q.” The AI chatbot can be used to have conversations, solve problems, generate content, gain insights and connect with a company’s information repositories, code, data and enterprise systems, Amazon Web Services said in a Nov. 28 announcement. Meet your new #generativeAI assistant designed for work that can be tailored to your business. With Amazon Q, you can solve problems, generate content, get insights from data, build faster on #AWS, while helping keep your data private & secure. ☁️…

Fireblocks launches trading system to mitigate centralized exchange risk

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Multi-party computation (MPC) wallet provider Fireblocks has released a new trading system for institutions that use centralized exchanges, according to a Nov. 28 announcement. Called “Off Exchange,” the new system allows institutional traders to swap tokens without first depositing them on the exchange. Fireblocks claimed this system would help to eliminate counterparty risk on centralized exchanges and prevent future FTX-like collapses. Today, we’re excited to launch Off Exchange, a new solution that enables trading firms and asset managers to truly eliminate exchange counterparty risk. Read on → https://t.co/FLl3AufE0s pic.twitter.com/s4P5kyNy3O —…

OKX launches crypto exchange and web3 wallet in Brazil

OKX has launched its crypto exchange and Web3 wallet in Brazil, marking a significant expansion into the Latin American market with a focus on providing secure and comprehensive crypto trading and defi services. Global web3 technology company OKX has recently expanded its reach by launching a crypto exchange and web3 wallet platform in Brazil. This move provides Brazilian users with direct access to decentralized finance and cryptocurrency trading. The introduction of the OKX platform in Brazil is notable for its inclusion of Brazilian real fiat-on-ramp capabilities, facilitating easier entry for…

OKX launches crypto exchange, wallet services in Brazil

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Cryptocurrency exchange and Web3 developer OKX announced the expansion of its services for users in the Brazilian market with a local crypto exchange and Web3 wallet platform.  On Nov. 27, the company said it is focusing on providing a gateway to decentralized finance (DeFi) and crypto trading with Brazilian real fiat-on ramp capabilities. Guilherme Sacamone, the general manager of OKX Brazil, said the Brazilian market has “enormous potential” to lead in crypto adoption and DeFi. “We know that Brazilians expect fast and liquid trading, along with a secure self-custody wallet solution,…

Nine Chronicles M, on-chain MMORPG game, launches on mobile

Planetarium Labs, a web3 gaming company, has released its open-world fantasy game Nine Chronicles on mobile.  The game allows players to explore different environments, harvest resources, craft materials, customize their avatars, engage with others, and trade items for real money on the company’s blockchain.  It also features realistic in-game mechanics and economics that mirror real-world marketplaces.  With the release on mobile–live on Apple’s App Store and Google’s Play Store, the company aims to expand its user base and bring blockchain-based decentralization to mobile users.  The game has garnered pre-launch interest, with over 200,000 users signing up because…

Circle launches ‘bridged USDC standard’ for deploying to new networks

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Circle has introduced a new standard to streamline the process of launching its stablecoin, USDC (USDC), on new networks, according to a Nov. 21 blog post.  The new “bridged USDC standard” allows developers to launch the token through a two-phase process. In the first phase, the third-party developer has control of the token contracts, and the token on the new network is backed by a native version on another network. In the second phase, Circle takes control of the contracts, and the token becomes backed directly by Circle’s reserves. The…