Tag: Launches

FTX Japan Launches Blockchain-based Proof of Solvency to Enhance Transparency and Security

In an effort to enhance transparency and bolster the trust of its customers, FTX Japan has unveiled a blockchain-based technology known as Proof of Solvency (PoS). This initiative was announced by Seth Melamed, the COO of FTX Japan, through a series of tweets on September 28, 2023. The newly introduced Proof of Solvency mechanism enables the company to prove, in an unalterable manner, that the reserves of the exchange surpass the assets held in custody for customers. Proof of Solvency (PoS) is a method utilized to demonstrate a company’s capability…

Crypto Investment Firm Deus X Capital Launches With $1B in Assets

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…

Planetarium Labs goes Omnichain, launches BNB Chronicles

Planetarium Labs is a gaming company known for its immersive gaming experiences, web3 development, and mobility. One of its games, Nine Chronicles, was launched in 2020 and is the world’s first fully on-chain, open-source fantasy RPG game. Over 200,000 community members and gamers worldwide have come together to enjoy this game. As part of its omnichain vision, Planetarium Labs launched BNB Chronicles earlier this week – a web-based game that runs on the BNB Chain. The game was launched to celebrate Nine Chronicles’ omnichain expansion journey and its upcoming mobile release. Planetarium Labs…

Snook launches on Arbitrum, to distribute USDC rewards

Snook, a multiplayer game, is launching on Arbitrum, an Ethereum layer-2. The move is aimed at expanding its player base and introducing USDC, a stablecoin, to complement its native token, SNK. Snook deploys on Arbitrum, enhance gaming experience Snook is a fast-paced blockchain game focused on rewarding gamers based on their skill and effort to thrive in a kill-or-be-killed environment.  The player’s ability to perform directly decides the value of their non-fungible token (NFT) character that can be sold in the secondary market.  The platform aims to enhance  gaming experience…

Coinbase launches perpetual futures trading to non-US retailers

Coinbase is extending its perpetual futures trading service to non-US retail clients, following a successful trial with institutional traders. Coinbase has announced the expansion of its perpetual futures trading service to non-US retail clients. This decision comes in the wake of observing over $5.5 billion in notional volume during the second quarter, predominantly from institutional trading. Coinbase had originally introduced its perpetual futures trading in May. However, this service was exclusively available to institutional investors located outside the United States. Fast forward to Sep. 28, and now, non-US retail traders…

Is The Ethereum Winter Over? L2 Exploding, ETH Futures ETF Launches

boss

After sinking roughly 30% from 2023 highs, Ethereum appears to be bouncing off from the pits of the crypto winter. Looking at candlestick arrangements in the daily and weekly charts, the coin has primary support at around $1,500 and is firm, bouncing off with decent trading volume.  At spot rates, ETH is up approximately 3% following positive developments sparked by the increasing adoption of its layer-2 scaling solution and the recent news that VanEck, a player managing billions of assets, is preparing to launch an Ethereum derivatives product. ETH price…

Coinbase International launches perpetual futures trading for retail customers

boss

Coinbase International Exchange, a class F license holder from the Bermuda Monetary Authority (BMA), announced that it has received additional regulatory approval, allowing the platform to offer perpetual futures trading to non-US retail customers. Launched in May 2023, Coinbase International already offered crypto derivates services to institutional clients. With the latest regulatory approval, the crypto platform will begin to offer eligible customers access to regulated perpetual futures contracts on the Coinbase Advanced platform in the coming weeks. The exchange notified that the Perpetual Futures accounts are maintained by Coinbase Bermuda Limited regulated…

Circle’s EURC stablecoin launches on Stellar network

Circle and Stellar join forces to integrate the euro-anchored stablecoin EURC into Stellar’s blockchain. USDC stablecoin provider Circle and a blockchain network, Stellar (XLM), have jointly announced the integration of the euro-anchored stablecoin EURC into Stellar’s blockchain infrastructure. The EURC stablecoin, which already operates on Avalanche (AVAX) and Ethereum (ETH) networks, will soon make its debut on the Stellar network. This critical development was unveiled at Stellar’s yearly Meridian conference held in Madrid today, Sept. 26. 2/ EURC on Stellar: Today, @circle‘s EURC is now live on the Stellar network.…

Immunefi launches on-chain bug bounties through ‘Vaults’ system

boss

Blockchain security platform Immunefi has launched an on-chain system for bug bounties, according to a Sept. 26 announcement. The new system, called “Vaults,” allows Web3 developers to escrow funds in an on-chain address and use them to pay out bug bounties to white hat hackers. Immunefi believes the new system will help projects “demonstrate to whitehats […] that they have allocated sufficient funds to pay bounties,” which it hopes will result in “more top-tier bug reports” being submitted. List of Immunefi bug bounties. Source: Immunefi Software developers often offer rewards,…

PancakeSwap launches fiat crypto selling with new partnership

PancakeSwap, a decentralized exchange (DEX), has partnered with fiat-to-crypto gateway Transak to allow users to directly purchase cryptocurrencies on its platform. According to a Sept. 21 announcement, this new integration enables PancakeSwap users to buy crypto using various fiat payment methods including credit cards, bank transfers, Google Pay and Apple Pay. Previously, users had to purchase crypto on a separate platform before transferring it to a wallet address and use PancakeSwap. This announcement follows the unveiling its highly anticipated version 3 (V3), which brings a suite of new features and…