PRESS RELEASE. Following the success of its Devnet phase, LayerEdge proudly announces the launch of its Incentivized Testnet, marking a major milestone in the mission to build a Bitcoin-backed internet. The Testnet advances LayerEdge’s vision of extending Bitcoin’s unparalleled security guarantees through groundbreaking technology and a modular approach to trust-minimized verification. Devnet Highlights The Devnet […] Original
Tag: Launches
Launches Institutional Exchange in the US
Crypto.com, a major global cryptocurrency exchange, has expanded its presence in the United States with the launch of institutional services. Institutional Crypto Exchange in the US Announced yesterday (Tuesday), the exchange will operate under the brand Crypto.com Exchange, offering institutional services. The company already serves retail users in the US. Kris Marszalek, CEO of Crypto.com, Source: LinkedIn “Since testing an early version of the Crypto.com Exchange in the US in 2022, we have made significant investments in the Exchange’s technological capabilities and banking infrastructure, resulting in substantial global growth and…
Tezos Launches Quebec Upgrade: Enhancing Blockchain Performance and Staking
Felix Pinkston Jan 22, 2025 01:31 Tezos has activated the Quebec upgrade, introducing faster block times, improved staking, and refined economic mechanisms, strengthening its blockchain performance and decentralization. The Tezos blockchain has successfully launched its 17th major protocol upgrade, known as Quebec, on January 20, 2025. This latest update, developed by Nomadic Labs, TriliTech, and Functori, brings significant enhancements in performance, staking, and economic mechanisms, according to Tezos Spotlight. Faster Block Processing One of the standout features of the Quebec upgrade is…
Coinbase Launches Bitcoin-Backed Loans With Rewards and Flexible Repayment Options
Coinbase now lets users borrow up to $100,000 in USDC without selling bitcoin, offering flexible repayment, tax advantages, and instant access to funds via its streamlined platform. Borrow USDC Without Selling Bitcoin: Coinbase Introduces New Loan Feature Crypto exchange Coinbase (Nasdaq: COIN) announced on Thursday the introduction of bitcoin-backed loans, enabling customers to borrow stablecoin […] Original
Sony Launches Blockchain to Controversy
Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Ben Schiller, CoinDesk’s Opinion and Features editor. In this issue: Sony’s blockchain faces memecoin controversy Bubblemaps readies BMT and new intel desk Babylon enhances Bitcoin’s interoperability Prosecutors seek 95k BTC Bitfinex return This article is featured in the latest issue of The Protocol, our weekly newsletter exploring the tech behind crypto, one block at a time. Sign up here to get it in your inbox every Wednesday. Also please check out our weekly The Protocol podcast. Network news…
Sony Launches Soneium, Its Own Blockchain Platform
Sony has formally introduced its blockchain platform, Soneium, marking a substantial advancement toward decentralized technology. Sony Block Solutions Labs has initiated a new project to facilitate user engagement with blockchain technology, connecting the existing Web2 environment with the developing Web3 ecosystem. A New Era For Creators On top of the current Ethereum network, Soneium is a publicly available Ethereum Layer 2 solution. This arrangement solves common issues faced by blockchain users by enabling faster transaction processing and lower expenses. During its four-month testing phase, Soneium has processed 47 million transactions…
Genius Group launches $33m rights offering to boost Bitcoin reserve
Genius Group Limited, a Bitcoin-focused education company, has announced a $33 million rights offering to expand its Bitcoin Treasury. The offering will allow existing shareholders to purchase additional shares at $0.50 each, with proceeds earmarked entirely for Bitcoin (BTC) purchases, according to a company release. Each shareholder will receive one transferable right for every share they hold as of Jan. 24, 2025. These rights will enable shareholders to buy shares at the set price and, if fully exercised, give them the option to purchase any remaining unsubscribed shares. Shareholders who…
4 U.S. spot Bitcoin ETFs among top 20 launches of all time
Four U.S. spot Bitcoin exchange-traded funds are now ranked among the top 20 best ETF launches in history, as the crypto industry marks one year since the U.S. Securities and Exchange Commission approved the first spot Bitcoin ETFs. The SEC’s approval on Jan. 10, 2024, paved the way for 11 spot Bitcoin (BTC) ETFs to go live on U.S. exchanges. The launch coincided with Bitcoin’s rally to a new all-time high in March 2024, crossing the $100,000 mark before undergoing a correction. While the market has seen tremendous growth since…
Lightchain AI Launches DAO Voting Today – Preparing to Transform Decentralized AI
PRESS RELEASE. The fusion of artificial intelligence and blockchain technology has brought us some of the most exciting innovations of this century. But what if these groundbreaking technologies were directed by YOU—the community? Lightchain AI is doing just that. Starting today, Lightchain AI is unleashing a game-changing era in decentralized AI, kicking off DAO (Decentralized […] Source CryptoX Portal
Slinky Launches Airdrop to 27.7 Million Wallets on Solana
Slinky, a blockchain project that uses ZK compression, has launched an airdrop to distribute 10% of its total supply to 27.7 million wallets on Solana. The project utilizes ZK-compressed token accounts, a storage mechanism that allows launching a massive airdrop and keeps costs low. Slinky explained that by employing traditional methods, such an operation would […] Source CryptoX Portal