Global e-commerce giant Shopify is rolling out early access to stablecoin payments in Circle’s USDC in collaboration with major US exchange Coinbase. Shopify plans to fully roll out USDC (USDC) payments on Coinbase’s Ethereum layer-2 (L2) network Base via Shopify Payments and Shop Pay later this year, the company announced on Thursday. “We think that stablecoins are a natural way to transact on the internet and worked with Coinbase to develop the commerce payment protocol smart contract that powers this work,” Shopify CEO Tobi Lutke said in an X post…
Tag: Launches
KuCoin Launches Fully Regulated Crypto Exchange in Thailand
Cryptocurrency exchange KuCoin has launched a fully regulated local subsidiary in Thailand after acquiring an operational license from the country’s Securities and Exchange Commission (SEC). KuCoin Thailand is the company’s first fully regulated local digital asset exchange. In a Friday announcement, KuCoin said the launch reflects its commitment to security and compliance, citing its recent SOC 2 Type II and ISO 27001 certifications. “This marks a significant step toward strengthening our presence in the fast-growing markets of Southeast Asia, and more importantly, bringing secure, accessible crypto services to users where…
Nillion Launches Enterprise Cluster for Blockchain Privacy
Several technology companies have joined Nillion’s newly launched Enterprise Cluster — an initiative aimed at extending decentralized applications beyond cryptocurrencies into privacy-focused use cases such as healthcare, financial management and enterprise data sharing. As part of the partnership, Deutsche Telekom, Alibaba Cloud, STC Bahrain and Pairpoint by Vodafone are operating infrastructure nodes on Nillion’s decentralized compute platform, the company announced Thursday. The Enterprise Cluster enables organizations to run privacy-critical applications on decentralized infrastructure, helping to minimize the trade-offs between the risks of centralized systems and the limitations of blockchain-based privacy.…
$100M XRP Deployed: Vivopower Launches Institutional Treasury With Flare
A Nasdaq-listed firm unleashes a $100 million XRP deployment via Flare, revolutionizing DeFi-based treasury management and igniting a new era of institutional crypto finance dominance. $100M XRP Goes Live With Flare as Vivopower Redefines Corporate Treasury Vivopower (Nasdaq: VVPR), a publicly traded company transitioning into an XRP-focused digital asset enterprise, announced on June 10 a […] Source CryptoX Portal
TFTC Launches BTC Pricing Tool To Encourage Low Time Preference
Truth for the Commoner (TFTC), a media company that advocates for Bitcoin and sound money principles via a newsletter and podcast, launched the “Opportunity Cost” browser extension on Wednesday, allowing users to view online prices in Bitcoin (BTC) or sats to weigh purchasing decisions. TFTC founder and contributor Marty Bent outlined three main goals of the extension, including promoting low time preference behavior — a reference to a willingness to defer present consumption to meet future needs — increasing Bitcoin adoption and providing a tool for business owners to calculate…
SQD Network Launches Oceanstream to Deliver Real-Time Blockchain Financial Data
Decentralized data-lakehouse SQD Network has launched Oceanstream, a platform that provides real-time, institutional-grade financial data from over 200 blockchains. Data From 200 Blockchains in Real Time SQD Network, a decentralized data-lakehouse, announced on June 10 the launch of Oceanstream, a platform designed to deliver institutional-grade financial data from more than 200 blockchains in real time. […] Source CryptoX Portal
MEXC Launches $100M User Protection Fund to Cover Security Breaches
Crypto exchange MEXC has rolled out a $100 million user protection fund aimed at shielding its users from major platform breaches, technical failures or other serious security threats. The fund is structured to compensate users in the event of major security incidents, including breaches of the platform’s infrastructure, critical system vulnerabilities or large-scale targeted hacks, the exchange told Cryptox. MEXC has also published wallet addresses linked to the fund on its website, allowing users to verify balances and monitor fund activity in real-time. A dedicated web portal will also provide…
Moscow Exchange Launches Landmark Bitcoin Index
The Moscow Exchange has launched a bitcoin index, bolstering crypto offerings and potentially opening new financial instruments. Moscow Exchange Strengthens Crypto Offerings With New Bitcoin Index The Moscow Exchange (MOEX) is taking a significant step into the cryptocurrency market with the launch of its new MOEX Derivatives Market Bitcoin Index (MOEXBTC). This initiative marks a […] Original
Cardano launches its first Bitcoin DeFi protocol ‘Cardinal’
Cardano has launched Cardinal, its first decentralized finance protocol designed specifically for Bitcoin users. The announcement was made by Cardano (ADA) founder Charles Hoskinson on June 9 via X. Developed by Input Output, the research and development team behind Cardano, Cardinal allows Bitcoin (BTC) holders to access DeFi services such as lending, staking, and borrowing without using traditional custodians or centralized bridges. Cardinal functions by wrapping Bitcoin, particularly its unspent transaction outputs. UTXOs are bits of Bitcoin that have been left over from transactions and are used to represent ownership.…
Société Générale-Forge Launches USD-denominated Stablecoin
Société Générale-Forge, the crypto subsidiary of French financial services company Société Générale, has launched a new US dollar-pegged stablecoin. According to a June 10 announcement, the stablecoin, dubbed USD CoinVertible (USDCV), will be issued on the Ethereum and Solana blockchains. United Kingdom-based financial services firm BNY will act as the custodian for the assets backing the stablecoin. The announcement follows the firm’s April 2023 launch of its euro-pegged stablecoin EUR CoinVertible (EURCV) for institutional customers. “After the release of a MiCA-compliant EUR stablecoin (EURCV), the launch of a US Dollar…