Tag: offerings

KuCoin Acclaimed by Forbes Advisor as One of the Best Crypto Apps & Exchanges of March 2024: Leading Platform with Extensive Altcoin Offerings and Competitive Fees

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VICTORIA, Seychelles, March 20, 2024 /PRNewswire/ — KuCoin, a leading global cryptocurrency exchange, has been acclaimed by Forbes Advisor as one of “The Best Crypto Apps & Exchanges of March 2024“, a continued honor after being recognized by Forbes as one of the Best Crypto Exchanges in 2023. Forbes Advisor meticulously evaluated key variables encompassing the quality of exchange platforms, ultimately recommending KuCoin as a compelling choice for both new and experienced investors. Forbes Advisor recognized KuCoin for its exceptional attributes that distinguish itself within the industry. With over 800…

RWA Protocol Ondo Finance Expands Tokenized Treasury Offerings to the Solana (SOL) Network and DeFi Apps

“The Solana DeFi ecosystem has demonstrated great resilience and growth potential, thanks to its innovative scaling and low transaction costs,” Nathan Allman, founder and CEO of Ondo Finance, said in a statement. “Integrating Ondo’s offerings with Solana not only aligns with our strategic growth but also paves the way for novel decentralized finance applications leveraging tokenized US Treasuries, benefiting a wide array of developers and users.” Source

Aave parent company rebrands to Avara, adds crypto Family Wallet to offerings

Founder Stani Kulechov said the name change does not affect Aave as a lending protocol and that its latest acquisition focuses on propelling mass web3 adoption. Aave Companies, the entity behind Aave protocol (AAVE) and Aave Labs, rebranded to Avara as founder Stani Kulechov disclosed a strategy aimed at bootstrapping adoption for decentralized finance (defi) solutions.  In addition to the name change, which Kulechov said is final, Avara also acquired a team of blockchain developers called Los Feliz Engineering. Los Feliz built an Ethereum-based wallet currently available in beta.  The…

Coinbase Expands Derivatives Offerings for Non-US Retail Traders

Coinbase now offers crypto derivatives trading to eligible customers outside of the United States, for BTC, LTC, XRP and ETH. Coinbase has taken a significant step to cater to the growing demand for crypto derivatives trading by launching perpetual trading for eligible non-US retail customers. These users can trade perpetual futures through the Coinbase Advanced platform. According to an official announcement, eligible retail customers outside the United States can now access perpetual trading for four cryptocurrencies: Bitcoin (BTC), Litecoin (LTC), Ether (ETH), and XRP. Coinbase also intends to introduce perpetual contracts…

Solana Enhances Privacy Offerings As SOL’s Uptrend Persists With 4% Gains

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Solana (SOL), a layer 1 proof-of-stake blockchain, has introduced version 1.16, which enhances user privacy through “Confidential Transfers.” This update includes encrypted Solana Program Library (SPL) token transactions, ensuring confidentiality rather than anonymity.  The adoption of version 1.16 by Solana’s network of validators has reached a majority after ten months of development and an audit by Halborn, a blockchain security firm. Solana Labs Rolls Out Privacy-Enhancing Update According to the announcement made by Solana’s infrastructure provider Helius, The update has undergone rigorous testing, with v1.16 running on testnet since June…

Crypto.com updates Euro wallet, expands payment offerings

Crypto.com has updated its Euro Wallet to serve users in the Euro payment area better. Crypto.com Updates EUR wallet Crypto.com is committed to providing its users with a seamless trading experience.  It recently expanded its offerings by integrating a Euro wallet and allowing for secure Single Euro Payments Area (SEPA) transfers with no transaction fees.  With these updates, users now have more options for providers when depositing and withdrawing EUR from the fiat wallet on the platform.  The deposit and withdrawal process has also been simplified, enabling access to over 250…

US-Based Crypto Exchange Kraken Continues Expansion by Pushing Into Traditional Stock Offerings: Report

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US-based crypto exchange Kraken is reportedly adding to its suite of products with the addition of traditional stock offerings. According to a new report by Bloomberg Law, sources familiar with the matter say that Kraken is planning on offering US-traded stocks and exchange-traded funds (ETFs) to its customers. This marks the first time that Kraken has ventured outside of the world crypto assets, according to the report. Initially, the crypto exchange plans to sell traditional stock offerings in the United States and the United Kingdom through Kraken Securities, a new…

Mila Kunis-Backed Stoner Cats Faces SEC Enforcement Action for “Unregistered” NFT Offerings

According to the SEC, Stoner Cats NFT holders were incentivized to trade the NFTs, receiving a 2.5% royalty for each secondary-market transaction involving the collectibles. That encouraged individuals to buy and sell the NFTs in at least 10,000 secondary transactions worth more than $20 million, according to regulators. In addition, at least 20% were resold before the first episode of the Stoner Cats web series had even aired, the order shows. Source

Kraken expands offerings in crypto derivatives, adds PayPal support in Europe and UK

Kraken, a crypto exchange, is making strategic moves to broaden its offerings in trading and payment. After FTX’s downfall last November, Kraken’s subsidiary Crypto Facilities aims to target the lucrative derivatives sector, which had $1.85 trillion in trading volume across centralized exchanges last month alone. Concurrently, Kraken is also widening its payment methods, introducing PayPal deposits for its UK and European customers. Crypto Facilities, acquired by Kraken in 2019, is presently in talks with the UK’s Financial Conduct Authority (FCA) for permission to expand its custodial services, Bloomberg reported on…