Tag: Launches

El Salvador Launches $1M Freedom Visa Program, Seeking BTC and USDT Investors

Critics argue that the substantial $1 million requirement makes citizenship unattainable for many investors. Comparable citizenship-by-investment programs in the Caribbean start at around $100,000. The government of El Salvador has introduced an innovative yet controversial program that offers residency and a pathway to full citizenship in exchange for a substantial investment in cryptocurrency. Tagged El Salvador’s “Freedom Visa”, the program requires participants to invest $1 million in either Bitcoin (BTC) or Tether (USDT). This program has been promoted by the administration of President Nayib Bukele as a way to encourage…

Jack Dorsey’s Block Launches Self-Custody Bitcoin Wallet Bitkey in 95 Countries

The wallet was developed by Block’s Proto Team and is in line with the fintech’s vision of increased access and global financial independence.   Jack Dorsey’s Block Inc has rolled out a self-custody Bitcoin wallet available for pre-order in over 95 countries. The Bitkey wallet is made up of a mobile application, a hexagon-shaped hardware device and a set of recovery tools that can be used to recover a customer’s assets in case they lose their phone or hardware device. The $150 wallet will begin shipping in early 2024. It sets…

Jack Dorsey’s Block Inc. launches self-custody Bitcoin wallet

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Financial payment processor Block, co-founded by Jack Dorsey, has launched its self-custody Bitcoin (BTC) wallet. Dubbed “Bitkey,” developers said during the Dec. 7 announcement that the wallet, available as a mobile app or hardware storage, will be accessible in over 95 countries. Bitkey will feature a two-of-three multi-signature wallet consisting of a mobile key, a hardware key, and a server key, with a secure hardware device alongside recovery tools in the event of loss. It will require both the user’s fingerprint and phone to approve transactions. The first global partners…

Namada Launches RPGF Airdrop, Releasing 65M $NAM Tokens to Community

Anoma Foundation’s Namada launches its RPGF airdrop to eligible participants on the network. In a press release this Wednesday, Anoma Foundation, the parent developer of the Namada ecosystem, announced its Namada RPGF (Retro Public Good Funding) airdrop for communities and individuals who helped in building and funding public goods. The RPGF Drop aims to disburse 65M $NAM tokens (6.5% of total supply) to eligible participants starting on 6th December 2023 and ending on 28th December 2023 at 9 AM UTC. Eligible contributors and participants can start to claim their tokens…

Robinhood launches crypto trading services in Europe

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 Trading and brokerage firm Robinhood announced the launch of its crypto services for all eligible European Union customers on 7 December. The platform will allow traders to buy and sell more than 25 cryptocurrencies. Robinhood’s entry into the European crypto market comes just a week after the firm launched its stock trading application in the United Kingdom. Cointelegraph contacted Oliver McIntosh, senior product communications manager at Robinhood, to understand the firm’s crypto focus and expansion plans in Europe. Mcintosh said that the EU is the right market to anchor our…

Robinhood Launches Commission-free Crypto Trading App in EU

Robinhood’s clients in the European Union can buy and sell 25 tokens via a commission-free app. Today it has been announced that Robinhood Markets Inc (NASDAQ: HOOD) made a commission-free crypto trading application available to users in the European Union. It happened just a week after Robinhood’s stock-broking services were launched in the UK. Via the app, the company’s customers have the possibility to purchase and sell over 25 digital assets. Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) are also among them. “It is the only custodial crypto platform where…

Moody’s launches quantum-as-a-service platform for finance

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According to the Moody’s Analytics website, QFStudio is a software-as-a-service (SaaS) offering that will serve as “a continuous integration, benchmark, and delivery platform” for quantum computing solutions. Quantum computing for finance The burgeoning quantum computing sector is expected to experience steady growth over the next few decades. A recent forecast predicted that quantum computing technologies would grow from a market capitalization in the United States of about $138 million in 2022 to $1.2 billion by 2030. Currently, most of the focus in quantum computing is on research and development. Companies…

Thrash-metal band Megadeth launches NFT collection and metaverse community

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Legendary American thrash metal band Megadeth announced a new nonfungible token (NFT) collection on Dec. 5, allowing fans exclusive access to content and physical experiences. The band announced the NFTs on social media through a post on X, formerly Twitter, saying the 5,000-piece collection features the band’s digital mascot, ​​Vic Rattlehead. Introducing @MegadethDigital. Our 5000-piece generative collection featuring Vic Rattlehead brought to life in a new way by our talented artist @TheHaddy. Live on December 22nd, you’ll have the opportunity to unlock doors in the real and metaverse world alike,…

Exchange Launches Version 2.0, Adds Support for Solana and DEX Aggregation

By directly integrating Solana, Hashflow 2.0 becomes the first DEX to offer cross-chain trading between Ethereum and Solana. Decentralized exchange Hashflow is out with its 2.0 iteration, and may have added some advancements to its platform. First off, the December 5 launch includes support for Solana, which is arguably one of the fastest and most scalable blockchains. It also features DEX aggregation services, albeit for the first time on its platform. That is, traders may now access the best prices and liquidity across multiple DEXes, and would, therefore, be able…

Mantle Launches Liquid Staking Protocol, Aiming for Top 3 in Decentralized Staking

Mantle, Ethereum’s Layer 2 platform, launched Mantle LSP, a liquid staking protocol. It positions itself among top providers, competing fiercely for the third spot in liquid staking volume, challenging rivals Lido and Rocket Pool. This Monday, Ethereum’s Layer 2 platform Mantle announced the launch of Mantle LSP “a permissionless, non-custodial ETH liquid staking protocol”. This marks the second key product from the Mantle ecosystem following the main Mantle network released in July 2022. Mantle LSP allows platform users to stake ETH in exchange for $mETH tokens. According to the company,…