Tag: Launches

Donald Trump Launches New Mugshot Edition NFT Collection with Actual Pieces of Mugshot Suit and Tie

The new NFT collection will give users a chance to own an actual piece of the Trump mugshot suit and tie, and access to dinner at his resort. Former United States president Donald Trump has unveiled a new non-fungible token (NFT) collection for $99, called the “Mugshot Edition”. The collection references the billionaire businessman’s legal issues, allowing Trump to monetize the problem. As part of a new sale of “digital trading cards” NFT collection he launched late last year, Trump is selling the Mugshot Edition NFTs along with pieces of a suit…

Coinbase Launches Project Diamond to Tokenize Real-world Assets in Regulated Way

Coinbase-backed Project Diamond will leverage the Base L2 network and the Coinbase technology stack to enable institutional investors to tokenize and trade real-world assets. Leading United States cryptocurrency exchange by registered users and average daily traded volume Coinbase Global Inc (NASDAQ: COIN), has continued to widen its global market reach with Binance Holdings Ltd under regulatory siege. Backed by notable institutional investors with deep pockets like BlackRock Inc (NYSE: BLK) and Circle Internet Financial, Coinbase has managed to grow throughout the crypto bear market to a stable crypto institution with…

Former US President Donald Trump launches ‘MugShot’-themed NFT drop

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Former United States President Donald Trump is launching a third nonfungible token (NFT) drop, dubbed “MugShot,” centered around the theme of his ongoing criminal indictments. According to the Dec. 12 announcement, the trading cards are purchasable via either credit card or Wrapped Ether (wETH) and are not transferrable until Dec. 31, 2024. Users will need to provide Know Your Customer (KYC) information to purchase the NFTs, even if they choose to pay with crypto. In explaining the rationale behind the collection, the collection‘s website reads: “On Thursday, August 24, 2023, President…

S&P Global launches stablecoin ratings, ranks GUSD, USDP, USDC highest

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S&P Global has launched a stablecoin stability assessment. In its initial ratings of the eight stablecoins, none were given the top mark, but two received the lowest, based on their ability to maintain their fiat pegs. According to a statement, to establish its ratings, S&P Global first examines asset quality risks, then factors mitigating the risks, and then considers governance, legal and regulatory framework, redeemability and liquidity, technology and third-party dependencies, and track record. Factors additional to asset quality for S&P Global stablecoin assessment. Source: S&P Global S&P Global, formerly…

FIFA launches NFT collection amid 2023 Club World Cup

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Fédération Internationale de Football Association (FIFA), the body governing international soccer competitions, will launch its own nonfungible token (NFT) collection ahead of the 2023 Club World Cup in Saudi Arabia in collaboration with blockchain firm Modex. According to the Dec. 11 announcement, an inaugural collection of 100 NFTs will premiere on Dec. 15 and feature the chance to secure tickets to the FIFA World Cup 2026 final. In addition, a total of 900 other digital collectibles will be issued on the Polygon network and OpenSea this month, comprising memorable moments from the…

Tether Launches New Security Policy, Freezes 41 Sanctioned Wallets

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Stablecoin issuing company Tether has announced a new security policy aimed at protecting the crypto ecosystem from bad actors. In addition, the USDT issuer is looking to enhance its cooperation and relationship with law enforcement agencies. Tether Freezes 41 New Wallets Following New Security Policy  In a blog post on December 9, Tether stated it would be introducing a voluntary wallet-freezing initiative designed to counter the transactions associated with Sanctioned Persons on the Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) List.  According to Tether, the company currently…

Reebok Launches Accountable Ant Sneakers Collection with VeeFriends

Following the announcement of the sneakers collection, VeeFriends unveiled a special early access program for its token holders. In what is fast becoming an ongoing collaboration, Reebok has partnered with VeeFriends again to launch an exclusive collection of sneakers dubbed Accountable Ant Classic Nylons. Earlier in August, the duo partnered to launch the VeeFriends Aspiring Alpaca sneaker, which sold for $90 apiece. The new launch is likely an attempt to build on the momentum generated by the previous collaboration. Gary Vaynerchuk, CEO of VeeFriends, expressed his enthusiasm for the ongoing…

El Salvador Launches $1M Freedom Visa Program, Seeking BTC and USDT Investors

Critics argue that the substantial $1 million requirement makes citizenship unattainable for many investors. Comparable citizenship-by-investment programs in the Caribbean start at around $100,000. The government of El Salvador has introduced an innovative yet controversial program that offers residency and a pathway to full citizenship in exchange for a substantial investment in cryptocurrency. Tagged El Salvador’s “Freedom Visa”, the program requires participants to invest $1 million in either Bitcoin (BTC) or Tether (USDT). This program has been promoted by the administration of President Nayib Bukele as a way to encourage…

Jack Dorsey’s Block Launches Self-Custody Bitcoin Wallet Bitkey in 95 Countries

The wallet was developed by Block’s Proto Team and is in line with the fintech’s vision of increased access and global financial independence.   Jack Dorsey’s Block Inc has rolled out a self-custody Bitcoin wallet available for pre-order in over 95 countries. The Bitkey wallet is made up of a mobile application, a hexagon-shaped hardware device and a set of recovery tools that can be used to recover a customer’s assets in case they lose their phone or hardware device. The $150 wallet will begin shipping in early 2024. It sets…

Jack Dorsey’s Block Inc. launches self-custody Bitcoin wallet

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Financial payment processor Block, co-founded by Jack Dorsey, has launched its self-custody Bitcoin (BTC) wallet. Dubbed “Bitkey,” developers said during the Dec. 7 announcement that the wallet, available as a mobile app or hardware storage, will be accessible in over 95 countries. Bitkey will feature a two-of-three multi-signature wallet consisting of a mobile key, a hardware key, and a server key, with a secure hardware device alongside recovery tools in the event of loss. It will require both the user’s fingerprint and phone to approve transactions. The first global partners…