Qatar Tech Firm Launches Platform for Tokenized Islamic Finance Contracts

Blade Labs, a Qatari tech company, has launched a platform for tokenizing Murabaha contracts, a type of Islamic finance. This innovation allows for broader access to Sharia-compliant financing, both for financial and non-financial institutions. Tokenized Sharia-Compliant Contracts Blade Labs, the Qatar-based tech company focused on blockchain and Web3, recently unveiled a platform for tokenized Islamic […] Source CryptoX Portal

Binance launches MOODENG on USDT Perpetual Contract

Users can now trade the MOODENG meme token on Binance in the form of the MOODENGUSDT Perpetual Contract with up to 75x leverage. On Oct. 25 10:00 UTC, Binance Futures announced it has expanded its listing to include the Solana-based meme coin MOODENG(MOODENG) through the MOODENGUSDT Perpetual Contract. According to the company notice, the Moo Deng-inspired meme coin remains as the underlying asset, while Tether becomes the settlement asset. Moreover, the capped funding rate set by the exchange at the time of the launch is 2.00%/-2.00%. Funding fees will be…

Flare launches Blockchain Machine Images on Google Cloud

Flare, the blockchain for data networks, has unveiled a new tool designed to enable rapid and low-cost deployment of blockchain nodes. Blockchain Machine Images, a node-as-a-service solution, is Flare’s (FLR) latest product that allows web3 developers to access faster node deployment via Google Cloud’s marketplace. With Blockchain Machine Images, it’s now easier to power decentralized applications, blockchain platforms, and data streams. The solution supports Bitcoin (BTC), Ethereum (ETH) and Avalanche (AVAX) among other top blockchain networks. According to details the Flare team shared on Oct. 25, blockchain developers can leverage…

RedStone launches AVS testnet on EigenLayer

RedStone, a modular oracles platform for decentralized finance, has launched the testnet of its data validation service on the restaking network EigenLayer. The oracle platform announced the launch of a testnet for its actively validated service on EigenLayer (EIGEN) on Oct. 23. An Actively Validated Service allows for off-chain validation, enabling users to benefit from reduced gas consumption, price data accuracy, and consistency. Decentralized finance reached all-time highs of over $300 billion in total value locked at its peak in December 2021. According to RedStone, further innovations such as oracle…

United Arab Emirates Region Ras Al Khaimah Launches a Framework for Decentralized Autonomous Organizations (DAO) in Free Zone

“The introduction of DARe represents a stepping stone in our journey towards building a global hub for the blockchain and digital assets ecosystem,” Luc Froehlich, chief commercial officer of RAK DAO said in the statement. “By offering a structured legal framework, we enable DAOs to interact with the off-chain world, such as opening a bank account and owning both on- and off-chain assets.” Source

Ostium Launches Novel Macro Trading Platform Amidst Growth in Global Events-Based Trading

Enables Real-Time Trading of Traditional Assets During Historic Event-Driven Market Volatility and Adoption of Prediction Markets LONDON, Oct. 18, 2024 /PRNewswire/ — Ostium Labs today announced the public mainnet launch of its onchain trading platform, offering traders unprecedented access to global macro markets during a period of global event-driven volatility, marked by speculation around the U.S. Presidential election. Ostium enables perpetuals trading on traditional market currencies, commodities, and indices in real time, markets uniquely affected by events like interest rate changes and geopolitical outcomes. The trading platform meets the needs…

Grexie Signchain Launches on November 1st, 2024: Enabling Smart Contract Developers to Bring Off-Chain Data On-Chain with Seamless Gas-Paid Signing

Grexie Signchain enables developers to sign off-chain data into smart contracts, with self-hosted or secure vault signer wallet management. MANCHESTER, England, Oct. 17, 2024 /PRNewswire/ — Grexie Limited proudly announces the launch of its innovative smart contract solution, Signchain, on November 1st, 2024. Designed specifically for developers, Signchain introduces a powerful way to bring off-chain data on-chain through user-paid gas fees and secure signing of data into smart contract methods using its extendable smart contract, Signable. In the growing landscape of blockchain technology, securely managing off-chain data and integrating it into…