OPNX, an exchange dedicated to the trading of bankruptcy claims against fallen crypto firms, has listed FTX and Celsius claims. According to the July 14 announcement, FTX claims specifically can be immediately onboarded and converted into collateral in the form of OPNX’s native reborn OX (reOX) tokens or oUSD, its credit currency. Users can then trade crypto futures using reOX as collateral. The claims are tokenized in partnership with Heimdall, which also handles onboarding and user verification. Developers wrote: “Claims will initially be converted into reOX tokens at a 100%…
Tag: Onboards
Worldcoin Emerges as Largest Deployer of Safe Wallets on Polygon Blockchain, Onboards 1.2 Million Self-Custodial Safe Smart Accounts
Worldcoin, the cryptocurrency project led by Tools for Humanity, has achieved significant milestones in its mission to drive adoption and empower users within the blockchain space. As reported on their official Twitter account, World App has emerged as the largest deployer of Safe wallets on the Polygon(Matic) blockchain. This achievement highlights the platform’s dedication to facilitating secure and self-custodial transactions. Additionally, a tweet from Worldcoin states that they have successfully onboarded an impressive 1.2 million self-custodial Safe Smart Accounts, further solidifying their position as a key player in the blockchain…
Gaming Network Oasys Onboards Japan Conglomerate SoftBank as Network Validator
In the next batch of validators, four more companies will be joining the network, bringing the total to 25. Source
India in ‘no hurry’ for CBDC as digital rupee pilot onboards 50k users
The Indian government doesn’t want to rush its central bank digital currency (CBDC) pilot despite joining the CBDC race just a few months ago. India’s recently launched CBDC pilot has amassed 50,000 users, and 5,000 merchants since the Reserve Bank of India (RBI) launched the digital rupee pilot last year, local news agency The Economic Times reported on Feb. 8. India’s e-RUPI app stopped registering new users. Source: Cointelegraph Announcing the first public milestones of India’s digital currency at a policy press conference, RBI deputy governor Rabi Sankar stressed that…
Turkish automaker Togg onboards Metaco for crypto custody and governance
Turkish automotive company Togg announced a partnership with Metaco, a digital asset custody orchestration technology provider, to secure its open mobility ecosystem built on Avalanche. Togg’s Mobility-as-a-Service platform (MaaS), a.k.a, Mobility Ecosystem, aims to deliver smart contract-powered use cases — including tokenization of mobility services, assessment of CO2 footprint and nonfungible token (NFT) ownership — for users in Türkiye and Europe. The partnership with Metaco will see the use of its digital asset custody and orchestration platform, Harmonize, to safeguard the custody and governance of Togg’s digital assets. Sharing insights…
The Sandbox Onboards Security Firm OpenZeppelin to Protect Its Platform from Attacks
“With over 4.3 million registered wallets, The Sandbox is a major actor in Web3 democratization,” said Borget. “OpenZeppelin’s security services help build a reliable framework and reinforce trust in our ecosystem, a key factor in onboarding more newcomers to our platform and to Web3 as a whole.” Source
OpenSea Seaport Protocol onboards creators and NFT holders on BNB Chain
Crypto collectibles and nonfungible token (NFT) marketplace OpenSea announced plans to integrate BNB Chain on Seaport Protocol by the end of Q4 2022. The integration will allow users to buy, list and trade BNB Chain NFTs on the OpenSea marketplace. BNB Chain was built by Binance to operate as a Web3-focused blockchain network powered by the exchange’s in-house token, Binance Coin (BNB). BNB Chain’s integration into OpenSea’s Seaport Protocol aims to provide BNB Chain creators with multiple creator payouts, real-time payouts and collection management, among others. Sharing insights into the…
China’s State-Backed Open Source Blockchain Onboards HK Conglomerates HSBC, Emperor Group
China’s state-backed Blockchain Service Network (BSN) has onboarded more than 10 conglomerates to its newly-launched Spartan Network, a blockchain infrastructure project. Source BlockchainChinasConglomeratesEmperorGroupHSBCOnboardsOpenSourceStateBacked CryptoX Portal
Kava Onboards Sushi With $14M in Developer Incentive Funding
The integration will allow Sushi users and developers to have seamless access to the entire $300 billion market value of Ethereum and Cosmos from a single network. Source
Near Protocol picks up slack, onboards Tracer following Terra’s downfall
For many layer 1 crypto projects, returning to normalcy from Terra’s death spiral meant a complete migration to a different ecosystem. But, how does one make the right move, especially after knowing the unfortunate fate of their initial platform of choice? In the case of Tracer, a Web3 fitness and lifestyle app, moving away from the Terra ecosystem for survival was just one piece of the puzzle. Choosing a new host to build on requires more than checking the technical compatibility with the blockchain ecosystems. As explained by Near Foundation’s…