US homebuilder Megatel Homes is set to launch a crypto rewards platform after receiving a Securities and Exchange Commission “no-action” letter. Megatel said on Thursday that the platform, dubbed MegPrime, would give users rewards for using “MP Tokens,” such as using them to pay their rent to earn back tokens that can be used for “everyday purchases” or converted to US dollars. It came after the SEC allowed MegPrime to go ahead with its plans in its letter on Thursday, recommending no enforcement action so long as the platform strictly…
Tag: Launch
CME Group to launch ADA, LINK, and XLM futures as part of crypto expansion
Key Takeaways CME Group will launch futures contracts for Cardano (ADA), Chainlink (LINK), and Stellar (XLM). The move is part of CME’s continued expansion into crypto derivatives. Share this article Top global derivatives exchange CME Group plans to roll out futures contracts for Cardano (ADA), Chainlink (LINK), and Stellar (XLM) on February 9, according to a Thursday press release. Subject to regulatory approval, the expansion includes both micro and standard-sized contracts. The Chicago-based derivatives exchange operator has steadily grown its digital asset product lineup in recent years. CME first introduced…
Binance Wallet partners with Aster to launch on-chain perpetuals trading
Key Takeaways Binance Wallet has rolled out perpetual futures trading for web users on BNB Smart Chain through a partnership with Aster. The launch supports multiple collateral tokens and offers access to both crypto and stock perpetuals, including Apple and Nvidia trading pairs. Share this article Perpetual futures trading is now available in Binance Wallet via Aster, giving users direct access to on-chain derivatives using a keyless, self-custody setup while maintaining full control of their assets. Initially available on the BNB Smart Chain via Binance Wallet, the service supports multiple…
CME to launch 100-Ounce Silver futures as metal hits $88 all-time high
Key Takeaways CME Group is launching a new 100-Ounce Silver futures contract on February 9, 2026, as silver hits a record high above $88. Silver is up 145% in 2025 and already 20% higher in early 2026, while gold is also setting new all-time highs, now trading above $4,624. Share this article CME Group will launch a new 100-Ounce Silver futures contract on February 9, 2026, as silver reaches historic price levels. The metal hit a new all-time high above $88 today and is approaching the $90 threshold. The contract…
NVIDIA and Lilly launch $1B AI lab to transform drug discovery and manufacturing
Key Takeaways NVIDIA and Lilly will co-invest up to $1B in an AI lab to develop biomedical foundation models and scale AI across pharma operations. The lab will link wet and dry labs in a continuous AI learning loop, accelerating experimentation and molecule discovery. Share this article NVIDIA and Eli Lilly have announced a joint AI co-innovation lab to accelerate drug discovery and pharma innovation, committing up to $1 billion over five years. The lab, based in South San Francisco, brings together Lilly’s pharmaceutical R&D expertise and NVIDIA’s AI and…
Coinbase and Sharps Technology launch institutional-grade validator on Solana network
Key Takeaways Sharps Technology and Coinbase Institutional have expanded their partnership, resulting in the launch of an institutional-grade validator on the Solana network. The collaboration reflects a synergy between Sharps Technology’s focus on blockchain infrastructure. Share this article Sharps Technology announced today the launch of an institutional-grade Solana validator as part of an expanded partnership with Coinbase Institutional. The validator allows the company to contribute directly to Solana’s infrastructure while deploying a portion of its SOL treasury holdings. The New York-based medical manufacturer, having embraced a SOL-focused treasury strategy, holds…
Standard Chartered plans to launch crypto prime brokerage under its VC unit
Key Takeaways Standard Chartered is planning to launch a crypto prime brokerage under its venture capital arm, SC Ventures. The brokerage aims to serve institutional clients with services like custody, financing, trading, and clearing for digital assets. Share this article Standard Chartered, the leading British multinational bank, is considering launching a crypto prime brokerage that would sit under the bank’s venture capital unit, SC Ventures, Bloomberg reported Monday, citing people with knowledge of the plan. Talks about the proposed service are still preliminary, and plans have yet to be finalized,…
Elon Musk’s X to launch Smart Cashtags for accurate asset tracking and live pricing
Key Takeaways X is developing Smart Cashtags for real-time asset pricing and tracking. The feature allows users to specify assets or smart contracts when posting tickers. Share this article Elon Musk’s X plans to introduce Smart Cashtags, a new feature aimed at improving how financial assets such as stocks and cryptocurrencies are referenced on the platform, Nikita Bier, X’s Head of Product, said Sunday. The feature allows users to specify the exact asset or smart contract when tagging a ticker, reducing ambiguity across crypto, equities, and other financial instruments. Tapping…
WisdomTree scraps plan to launch XRP ETF in the US
Key Takeaways WisdomTree has decided to end its bid to launch an XRP exchange-traded fund (ETF) in the US. The application withdrawal was made through a request filed to the Securities and Exchange Commission (SEC). Share this article WisdomTree submitted a filing to the SEC this week seeking to withdraw its application to launch the WisdomTree XRP Fund, an exchange-traded fund tied to the fourth-largest digital asset. The New York-based asset manager entered the US XRP ETF race in late 2024. Ahead of its SEC filing, the firm had already…
Zcash Developers Launch CashZ Wallet After Leaving ECC
Developers of privacy-focused Zcash have announced they’re already working on a new wallet for the cryptocurrency, less than a day after their high-profile exit from Electric Coin Company (ECC). “The team from the Electric Coin Company that launched Zcash, and created the Zashi wallet, is now launching a new wallet for Zcash, using the same Zashi codebase we built,” said former ECC CEO Josh Swihart late on Thursday. The code name for the wallet is cashZ and will be launched in a “few weeks,” he added. Users of the existing…