Digital Payments Platform Flexa Launches Crypto Point-of-Sale Tool

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Offchain Labs Launches Tandem to Empower Blockchain Innovation

Rebeca Moen Aug 15, 2024 03:20 Offchain Labs introduces Tandem, a partner studio aimed at solving blockchain’s toughest challenges through collaboration and investment. Offchain Labs has announced the launch of Tandem, a new partner studio designed to assist select partners in overcoming some of the most significant challenges in the blockchain space. According to Offchain Labs, Tandem aims to provide both financial investment and deep collaborative support. Mission and Vision Offchain Labs, known for its work on Arbitrum, has always focused on…

OpenOcean launches DEX aggregator on Bitcoin L2 Rootstock

Decentralized exchange aggregator OpenOcean has expanded its services to Rootstock, a decentralized finance protocol built on Bitcoin. Why is this important? The integration introduces the first DEX aggregator to Rootstock, a smart contracts network on Bitcoin (BTC) that offers compatibility with Ethereum (ETH). OpenOcean and Rootstock announced the integration in a press release on Aug. 13. Rootstock’s EVM-compatible platform allows OpenOcean users to tap into Ethereum’s crypto economic potential while benefiting from Bitcoin’s security. “This expansion not only aligns with our mission to provide comprehensive, efficient, and user-friendly trading solutions…

Vega Protocol Launches Decentralized Prediction Market With Colosseo II Upgrade

Vega Protocol has launched its prediction market feature as part of the Colosseo II upgrade. This new development allows users to bet on future events using the Cosmos network infrastructure, offering both binary and non-binary settlement options. The upgrade also includes live game scoring for real-time updates and enhanced cross-chain capabilities. Vega’s prediction market aims […] Source CryptoX Portal

Nexio Raises $2.2M in Pre-Seed Funding, Launches Parallelized Bitcoin Rollup to Revolutionize Bitcoin’s Scalability

PRESS RELEASE. New York, August 9th, 2024 – Nexio, a pioneering Bitcoin scaling solution leveraging parallelized rollup technology, today announced that it has raised $2.2 million in pre-seed funding from a diverse roster of prominent industry investors. This funding will enable Nexio to accelerate the development and adoption of its parallelized Bitcoin rollup technology, aiming […] Original

Bitcoin.com Launches V-Card Debit Card In Self-Custody Bitcoin and Crypto DeFi Wallet App

Bitcoin.com, a pioneer in the Bitcoin and crypto space since 2015, has integrated into its wallet, games, news, and education platform a debit card that empowers users to spend their cryptocurrency seamlessly at any location Mastercard® is accepted. V-Card is now available in the Bitcoin.com app and on Bitcoin.com’s website here. “This is a game-changer […] Original

ARB Surges Nearly 10% As Franklin Templeton Launches Fund on Arbitrum

Financial asset manager giant Franklin Templeton is the latest merging legacy financial mechanisms with blockchain technology. This leading global asset management firm expanded its digital asset integrations by launching its OnChain US Government Money Fund (FOBXX) on the Arbitrum network. Following this debut, Arbitrum network native token ARB has seen a significant surge in market price, adding to the overall bullish crypto prices today. Government Money Fund On Arbitrum As reported in a press release, Franklin Templeton’s latest collaboration with the Arbitrum Foundation aims to harness the “enhanced scalability and…