Wednesday, November 20, 2024
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Binance launches the world’s first crypto triparty deal

Binance introduces a pioneering triparty agreement with a banking partner, offering a secure solution for institutional investors to manage counterparty risks in the crypto market. Binance has successfully executed the world’s first cryptocurrency triparty arrangement with a banking partner, although the specific banking partner was unidentified. This significant development offers a first-in-crypto

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Binance launches pilot program for bank custody of collateral

Crypto exchange Binance launched a pilot program that allows banks to store trading collateral off-exchange, according to a Nov. 30 announcement. Binance claimed that the program will help to reduce counterparty risk.Binance trading interface. Source: Binance.According to the announcement, the program allows institutions to hold collateral at a third-party bank

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CoinList Launches cForm, Revolutionizing Community Engagement in Crypto

The decentralized cForm aims to eliminate issues associated with spam accounts on platforms like Google Forms. CoinList, a renowned platform for crypto innovators, is elevating community-building strategies with the introduction of cForm. This new tool enables builders to swiftly establish on-chain whitelists, sign-up forms, or surveys, streamlining the process of

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Bitcoin Ordinals marketplace Bioniq launches on ICP

Bioniq, a new marketplace for Bitcoin Ordinals, introduces a distinctive approach by operating on the Internet Computer (ICP) blockchain. The introduction of Bioniq, a Bitcoin Ordinals marketplace, marks a notable development in the evolving landscape of cryptocurrency. Distinctively, Bioniq operates on the Internet Computer (ICP) blockchain, a platform developed by Dfinity,

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Former British Chancellor’s crypto firm Copper launches tokenized securities platform

London-based crypto trading firm Copper plans to start offering tokenized securities early next year, according to reports on Nov. 29. Under the leadership of former British Chancellor Phillip Hammond, the company expects to capitalize on institutional investors’ demand.The service is expected to be first rolled out in Abu Dhabi, United

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Amazon launches ‘Q’ — a ChatGPT competitor purpose-built for business

Amazon has launched its own artificial intelligence-powered assistant built for business, “Amazon Q.” The AI chatbot can be used to have conversations, solve problems, generate content, gain insights and connect with a company’s information repositories, code, data and enterprise systems, Amazon Web Services said in a Nov. 28 announcement.Meet your

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Fireblocks launches trading system to mitigate centralized exchange risk

Multi-party computation (MPC) wallet provider Fireblocks has released a new trading system for institutions that use centralized exchanges, according to a Nov. 28 announcement. Called “Off Exchange,” the new system allows institutional traders to swap tokens without first depositing them on the exchange. Fireblocks claimed this system would help to

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OKX launches crypto exchange, wallet services in Brazil

Cryptocurrency exchange and Web3 developer OKX announced the expansion of its services for users in the Brazilian market with a local crypto exchange and Web3 wallet platform. On Nov. 27, the company said it is focusing on providing a gateway to decentralized finance (DeFi) and crypto trading with Brazilian real fiat-on ramp

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Nine Chronicles M, on-chain MMORPG game, launches on mobile

Planetarium Labs, a web3 gaming company, has released its open-world fantasy game Nine Chronicles on mobile.  The game allows players to explore different environments, harvest resources, craft materials, customize their avatars, engage with others, and trade items for real money on the company’s blockchain.  It also features realistic in-game mechanics and economics

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