Tag: Platform

Aptos and Jump Crypto Launch Shelby, a Web3 Cloud Storage Platform

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Aptos Labs and Jump Crypto have introduced a cloud-based storage network tailored for Web3 and decentralized applications — a system its creators say rivals traditional cloud services. Unveiled on Tuesday, the network — called Shelby — is a globally distributed platform powered by Aptos’ high-throughput technology. It is chain-agnostic, offering compatibility with Ethereum, Solana and other major blockchains. Shelby is built for developers who need cloud-like speed and remote access for demanding use cases, including streaming video, artificial intelligence and decentralized physical infrastructure (DePIN) applications. Aptos Labs is the creator…

$90 Billion Fiserv Partners Circle, Solana to Launch FIUSD Stablecoin Platform

Key Notes Fortune 500 payment processor Fiserv collaborates with Circle and Paxos to create bank-friendly digital dollar infrastructure. FIUSD will integrate with PayPal’s PYUSD for cross-platform transactions, enhancing merchant and consumer payment options. The launch coincides with the GENIUS Act’s Senate passage, providing regulatory clarity for USD-pegged stablecoin issuers. Fiserv is entering the stablecoin space with its own digital dollar, FIUSD, backed by Solana and Circle Internet Group. The move signals a broader shift by traditional finance toward blockchain-powered payments. The Fortune 500 firm, which processes over 90 billion transactions…

Dollar-Free Future Accelerates as Putin and BRICS Bank Chief Discuss Digital Payment Platform

BRICS nations are accelerating a bold push to upend dollar dominance as Putin and the BRICS Bank leader discuss digital payment platforms and national currency systems reshaping global finance. Putin and BRICS Bank Head Discuss Payment Platform to Undercut Dollar Dominance As global economic blocs accelerate de-dollarization efforts and seek to reduce dependence on the […] Source CryptoX Portal

Putin and XI to Kickstart Global South BRICS Investment Platform

Vladimir Putin and Xi Jinping are discussing launching a platform that will offer investment initiatives under a BRICS-Global South inclusive banner, which will be detailed next month. Putin and Xi: BRICS to Unveil Global South Inclusive Investment Platform Vladimir Putin and Xi Jinping, leaders of two of the world’s largest countries, are developing a platform […] Source CryptoX Portal

Binance’s CZ Calls for ‘Will Function’ on Every Crypto Platform

As billions in crypto wealth surge globally, urgent calls intensify for platforms to adopt inheritance-ready “will functions,” safeguarding digital assets and empowering responsible, future-proof financial planning. ‘Will Function’ Needed to Protect Billions in Crypto, Says Binance’s CZ Binance founder and former CEO Changpeng Zhao (CZ) reignited industry-wide concerns about the lack of proper estate planning […] Source CryptoX Portal

10 Signs a Crypto Investment Platform Is a Scam—and How to Avoid It

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Key takeaways Fake crypto investment platforms give themselves away in a few obvious ways. Many use fake reviews, incorrect contact information and unrealistic promises to lure you in. The best approach is a healthy dose of skepticism. Watching for these red flags will keep you safe while investing. The burgeoning cryptocurrency market, with its lack of centralized authority and a constant flow of inexperienced users, makes digital assets a prime target for scammers. Fake crypto investment platforms are a common scam method, masquerading as useful services for crypto traders. Before…

Global Crypto Exchange ‘IMBX’ Debuts with Next-Generation Trading Platform

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June 10th, 2025 – Seoul, South Korea IMBX, a new global cryptocurrency exchange, has officially launched its trading platform, introducing a next-generation solution built on high-performance technology, robust security, and an intuitive user interface. The launch positions IMBX as a strong contender in the global digital asset trading space. Industry-Leading Security Protecting Assets and Data At the core of IMBX is a high-performance matching engine, designed to support lightning-fast order execution with low latency-even during periods of high market volatility. The infrastructure ensures smooth, uninterrupted trading for both retail and…

Nasdaq-listed Netcapital acquires no-code Web3 gaming platform Mixie

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Netcapital, a financial technology company listed on the Nasdaq stock exchange, has acquired crypto-native protocol Mixie in a deal that has been described as a bridge between traditional and decentralized finance.  Mixie, a no-code Web3 gaming platform, was acquired by Netcapital’s portfolio company, Zelgor, for an undisclosed amount, the company told Cointelegraph on Monday.  A spokesperson said it was the first time a publicly-listed company has acquired a crypto-native protocol specifically to expand the blockchain industry. Headquartered in Boston, Massachusetts, Netcapital operates a digital capital markets platform that helps private…

Alex Protocol to Reimburse Users After $8.3M Exploit on Bitcoin DeFi Platform

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Alex Protocol, a Bitcoin decentralized finance (DeFi) platform on the Stacks blockchain, suffered an exploit on June 6, resulting in $8.3 million in digital asset losses.   In an X announcement, Alex Protocol said the breach was caused by a vulnerability in its self-listing verification logic. The attacker used the flaw to drain liquidity from several asset pools.  The Bitcoin DeFi platform said the attackers siphoned about 8.4 million Stacks (STX) tokens, 21.85 Stacks Bitcoin (sBTC), 149,850 in USDC (USDC) and USDt (USDT), and 2.8 Wrapped Bitcoin (WBTC). The incident is…