Tag: Launches

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

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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’

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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

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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…

Michael Saylor Signals New Bitcoin Buy as Strategy Launches $1B Stock Offering

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Strategy co-founder and executive chairman Michael Saylor posted a chart of the company’s Bitcoin holdings on June 8, signaling a possible upcoming acquisition. On June 8, Saylor posted “Send more Orange” on X. Saylor’s cryptic posts are often followed by announcements of new Bitcoin (BTC) purchases. If Strategy follows up the post with another BTC buy, it will mark the ninth week of consecutive Bitcoin purchases from the company.  The post comes shortly after the company purchased an additional 705 BTC between May 26 and June 1 for around $75…

Moscow Exchange launches Bitcoin ETF futures trading for qualified investors

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After a series of pro-crypto moves, Russia is enabling qualified investors to gain exposure to Bitcoin. Regulated Bitcoin (BTC) trading is coming to Russia, but for qualified investors only. On Wednesday, June 4, the Russian news agency TASS reported that the Moscow Exchange will list a Bitcoin ETF futures contract. The product will be linked to the value of the IBIT Bitcoin Trust ETF, a U.S.-based Bitcoin spot ETF. “Trading in this new product will begin on June 4, 2025, and will be exclusively available to qualified investors,” Moscow Exchange.…

Blockchain Firm Veraviews Launches Fraud-Focused UAE Ad Exchange

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Blockchain-powered advertising firm Veraviews has launched the UAE’s first domestically developed advertising exchange and supply-side platform. Veraviews SSP Targets UAE Ad Transparency The Dubai-based blockchain company Veraviews introduced the Ad Exchange and SSP under the United Arab Emirates (UAE) Ministry of Economy’s NextgenFDI initiative. The platform connects advertisers directly with UAE publishers to sell digital […] Source

IG Group Launches Bitcoin, Ethereum, XRP Trading in UK

Key Notes UK’s IG Group now permits crypto trading services for 31 digital currencies. This move marks a growing crypto adoption in the UK. Despite a positive adoption trend, the UK is not interested in establishing a national strategic Bitcoin reserve. UK-listed IG Group has launched a new offering that allows customers to trade Bitcoin BTC $104 125 24h volatility: 0.1% Market cap: $2.07 T Vol. 24h: $22.14 B , Ethereum ETH $2 492 24h volatility: 0.2% Market cap: $300.45 B Vol. 24h: $12.32 B , XRP XRP $2.15 24h…