BoE and FCA launch Digital Securities Sandbox to explore DLT
The DSS has the “potential to improve efficiency and reduce costs” in financial markets The sandbox will boost the UK’s position as a “vibrant financial centre” The DSS will operate…
Kasikornbank to launch Thailand’s first licensed digital asset custodian
Kasikornbank is set to launch orbix Custodian, Thailand’s first licensed digital asset custodian. Operations for orbix Custodian are set to begin in early 2025 after licensing. KBank also focuses on…
Hut 8 eyes AI push with launch of GPU-as-a-service program
Hut 8 has laaunched its GPU-as-a-service business to tap into the AI growth potential. The Bitcoin miner said it partnered with Hewlett Packard Enterprise and AdvizeX to launch the 1,000…
Pixelverse debuts TON Microtransactions outside Telegram with beta browser game launch
Pixelverse launches a closed beta MMORPG browser game with TON microtransactions. The game marks the first TON integration outside Telegram, expanding web3 gaming. Pixelverse aims to grow its user base…
Singapore’s DBS Bank to launch crypto options and structured notes in Q4 2024
DBS Bank to launch OTC crypto options trading linked to BTC and ETH in Q4 2024. Clients can hedge against volatility through options and structured notes. DBS continues integrating blockchain…
MEXC First to Launch CATI Spot and Futures trading
Share a Prize Pool of 1,000,000 CATI and 80,000 USDT in Futures Bonuses MEXC is excited to announce the launch of its Catizen (CATI) Spot and Futures trading. Share a…
a16z Crypto, OpenSea and Stand with Crypto launch creator defense fund
a16z, OpenSea and Stand With Crypto have launched a $6 million creator defense fund. OpenSea has pledged $5 million and a16z $1 million. The fund will support the NFT market,…
Flowcarbon, co-founded by former WeWork CEO, refunds investors after failed token launch
Flowcarbon have refunded investors after failing to launch the Goddess Nature Token (GNT). The GNT token was meant to tokenize carbon credits but faced market and regulatory challenges. Flowcarbon raised…
TRON, Tether, and blockchain forensic firm TRM Labs launch T3 Financial Crime Unit (FCU)
TRON, Tether, and TRM Labs launch T3 FCU to combat illicit USDT transactions. T3 FCU has frozen $12M in fraudulent USDT and identified 11 suspects. Despite Circle halting USDC minting,…
VanEck to close its Ethereum futures ETF in September, a year after launch
VanEck is closing its Ethereum Futures ETF (EFUT) by September 16, 2024. The EFUT saw low asset accumulation as compared to VanEck’s spot Ethereum ETF. Generally, Ethereum is facing challenges…