Posts

Showing posts with the label launch

Raindex launches on Flare to power decentralized CEX-style trading

Raindex app offers real-time access to data with full on-chain execution of trades. The Raindex desktop app will leverage the Flare Time Series Oracle (FTSO). Anyone can use the Rainlang smart contract platform to create and deploy trading strategies on-chain. Flare, the blockchain for data network, has integrated Raindex, a platform that brings a new decentralised CEX-style trading solution to the Flare ecosystem. Raindex is a Rainlang smart contract language platform that offers an intents -like trading architecture for desktop users. The app has been in development for over three years and blends the best of both CEXs and DEXs, going beyond traditional Automated Market Makers (AMMs) to offer full on-chain execution of trades. Notably, app users can simulate the performance of their strategies before they deploy them on-chain. Raindex app to leverage Flare’s FTSO Raindex app leverages the Flare Time Series Oracle (FTSO) to provide for advanced trad...

Floki up 13% as devs launch RWA platform

Image
Memecoin Floki Inu saw considerable gains within a week ahead of a real-world asset (RWA) platform release built by the project’s developers and a new native asset dubbed TOKEN. Users will be able to create cryptocurrencies without technical know-how through Floki’s TokenFi website, according to the team. The platform designed for tokenized RWAs went live on Oct. 27 around 3 p.m. UTC.  DWF Labs was announced as the official market maker as the platform rolled out on five major chains for decentralized finance (DeFi) namely Arbitrum, Base, BNB Chain, Ethereum and opBNB. The team announced 10 percent of TOKEN’s initial supply to be spread across Uniswap and Pancakeswap for liquidity pools. Devs mentioned rewards for long-term Floki stakers as well.  Per the dev team, TokenFi could position itself as an authority in the tokenized RWA space which could grow into a multi-trillion-dollar market with growing institutional interest and blockchain adoption.  The tokenization ...

Nym, a privacy firm, targets Web3 wallets, RPCs, and infrastructure services with its $300 million fund launch.

Image
In the realm of content creation, three pivotal elements come into play: “perplexity,” “burstiness,” and “predictability.” Perplexity gauges the intricacy of the text, burstiness measures the diversity in sentence structures, while predictability assesses the likelihood of predicting the following sentence. Human authors tend to infuse their writing with bursts of creativity, blending lengthy, intricate sentences with shorter, crisp ones. Conversely, AI-generated sentences tend to maintain a uniformity. As you embark on crafting the subsequent content, I urge you to instill it with a healthy dose of perplexity and burstiness while keeping predictability at a minimum. Furthermore, your composition must remain in the English language. Now, let’s reimagine the provided text: Nym Technologies, the stalwart in blockchain security, sets its sights on bolstering open-source initiatives dedicated to crafting cutting-edge security and privacy tools t...

CME to launch BTC and ETH reference rates in APAC region

CME Group will launch Bitcoin (BTC) and Ether (ETH) reference rates for the Asia Pacific region. On Aug. 16, CME Group announced it would launch the new reference rates on Sept. 11. CME CF APAC Bitcoin and Ether Reference Rates launch Sept. 11, providing daily prices at 4 p.m. HKT and SGT and complementing existing London and New York time rates. https://t.co/j3r7yCfe45 pic.twitter.com/6tOadpk51M — CME Group (@CMEGroup) August 17, 2023 The senior director for digital currency products at CME Group, Giovanni Vicioso, indicated that introducing the latest reference rates aims to address the changing requirements of international players in the expanding digital asset industry. Vicioso pointed out that this year saw nearly 37% of their cryptocurrency trades occur outside U.S. business hours, with a significant 11% originating from the APAC region . He further commented that including APAC reference rates will empower market players to hedge against cryptocurrency price fluc...

Base network has officially launched: Here's how it can be used

Image
Coinbase's Base network completed its phased launch on Aug. 9, and is officially open to end-users. Coinbase’s Base network has officially launched after spending a few weeks in an “open for builders only” phase. The network is now ready to onboard users, according to an Aug. 9 announcement from the team. Several Web3 development teams have simultaneously announced that they are releasing apps for Base, and the network’s team has released a schedule of upcoming events to celebrate its launch. Base is open and Onchain Summer is here Become a part of Base history by minting “Base Day One” to join the story of bringing the world onchain Our story.https://t.co/qaDj7CBCMd pic.twitter.com/9PZCLQQV7p — Base ️ (@BuildOnBase) August 9, 2023 Base initially launched in beta version on Feb. 23. As soon as it was announced, many in the crypto community speculated that it could help to onboard more users into Web3 protocols, thanks to Coinbase’s large user base. The network launched its main...

Kim Dotcom’s crypto startup goes into liquidation before it’s even launched

Image
Bitcache , a Lightning Network-based micropayments service created by Megaupload founder Kim Dotcom , has been placed into liquidation after it failed to launch . The company, which was designed to be integrated into Dotcom’s digital marketplace K.im, was first announced back in 2016 and Dotcom claimed that it would be the “preferred option for online payments by 2022.” However, despite a reported $5 million crowdfunding effort in October 2016, and a promised ICO in 2018, the project never made it out of the gate. Dotcom made some bold claims about what Bitcache would do. As a result, Phil Creagh, a lawyer with the firm Anderson Creagh Lai and former Bitcache director, applied to have the company placed into liquidation back in May . Creagh claimed that, “It’s pretty straightforward, there are fees owed and not paid. The company has not taken any steps so far to avoid being placed in liquidation. “We’ll put it in liquidation and see what, if anything, can be recovered,” (via N...

Ledger enters institutional trading space with launch of Tradelink

Image
Paris-based crypto security company, Ledger, has announced its foray into the institutional trading domain with the launch of Tradelink, a trading network aimed at facilitating custodial trading through specific exchange and custodial partners. Ledger, a crypto-security firm based in Paris, earlier today, disclosed its venture into the institutional trading arena. In a bid to facilitate custodial trading through specific exchange and custodial partners, Ledger is introducing Tradelink, a novel trading network for institutions. Ledger CEO and chairman, Pascal Gauthier, emphasized in a statement that the company is working towards a sustainable solution to provide its enterprise customers with security and flexibility. Today, @ledger_business unveils a breakthrough solution: Ledger Enterprise TRADELINK, empowering institutional investors to build their own custom trading network with custodial trading capabilities for unmatched control over their digital assets. Learn more … ...