Tag: Platform

IBM announces new digital asset platform for banks and governments

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Key Takeaways IBM has announced a new platform to help financial institutions and highly regulated enterprises enter the digital asset economy securely. The platform is designed to facilitate participation in blockchain ecosystems while maintaining strict compliance with regulatory requirements. Share this article IBM announced today a new platform designed to help financial institutions and regulated enterprises enter the digital asset economy, dubbed Digital Asset Haven. The technology company said the platform will enable secure participation in blockchain-based ecosystems while maintaining compliance requirements for heavily regulated organizations. Developed in collaboration with…

Custodia Bank partners with Vantage Bank to launch blockchain platform for tokenizing deposits

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Key Takeaways Custodia Bank and Vantage Bank have partnered to introduce a blockchain platform enabling banks to tokenize customer deposits. The platform integrates tokenized deposits directly into banks’ core systems while complying with regulations. Share this article Custodia Bank, a Wyoming-based digital asset bank, has partnered with Vantage Bank, a Texas community bank, to launch a blockchain platform that enables traditional banks to tokenize customer deposits. The turnkey solution allows financial institutions to integrate tokenized deposits directly into their core banking systems while maintaining regulatory compliance. The platform supports tokenized…

Jupiter Exchange to debut ICO platform with first launch in November

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Key Takeaways Jupiter Exchange, built on Solana, will launch its ICO platform with the first project in November. The new ICO platform offers exclusive access to $JUP stakers, rewarding governance token holders who support the ecosystem. Share this article Jupiter Exchange, a decentralized finance platform on Solana, announced today that its upcoming ICO platform will debut with its first launch in November. The platform will offer exclusive access to $JUP stakers, holders who lock their governance tokens to support Jupiter’s network and operations. The ICO platform represents Jupiter’s latest expansion…

Ledger unveils new Nano Gen5 and multisig platform, rebrands Live as Ledger Wallet

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Key Takeaways Ledger launched the Nano Gen5 hardware wallet with advanced security features and expanded connectivity. For institutional clients, Ledger introduced its new Multisig platform, designed for treasury management, smart contract governance, and multi-chain workflows. Share this article Ledger has unveiled a new product lineup meant to make self-custody and digital security more accessible and intuitive for everyday users. At its Ledger Op3n event in Paris on Oct. 23, the company introduced the new Ledger Nano Gen5 device, the rebranded Ledger Live now known as Ledger Wallet, and Ledger Multisig,…

Polymarket adds Binance Coin deposits and withdrawals to platform

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Key Takeaways Polymarket added BNB deposits and withdrawals, extending its multi-chain capabilities after Bitcoin integration. The platform is expanding through partnerships with the NHL and the World Foundation to attract more users. Share this article Polymarket, a decentralized prediction market platform, today added support for Binance Coin (BNB) deposits and withdrawals to its platform. BNB is the native cryptocurrency of the BNB Chain. The integration expands Polymarket’s multi-chain accessibility following the recent addition of Bitcoin deposits. The platform continues to broaden its reach through new partnerships and technical integrations. Polymarket…

Coinbase Acquires Echo Crowdfunding Platform For $375M

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Major US cryptocurrency exchange Coinbase has acquired Echo, a platform that allows communities to raise capital targeting early-stage projects and startups. Coinbase struck a $375 million deal to acquire Echo, a crowdfunding platform founded by crypto trader Jordan Fish, known in the community as Cobie, the company announced on Tuesday. The acquisition came the day after Coinbase sent $25 million in USDC (USDC) to Cobie’s wallet to acquire and burn a non-fungible token (NFT) and revive his UpOnly podcast. “I certainly didn’t think Echo would be sold to Coinbase, but…

Coinbase buys Cobie’s Echo crypto-investing platform for $375M

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Key Takeaways Coinbase has acquired Echo, a crypto-investing platform, signaling continued expansion through strategic acquisitions. The move fits Coinbase’s strategy to broaden its ecosystem and institutional offerings, following recent interest in derivatives platform Deribit. Share this article Coinbase, a US-based cryptocurrency exchange, has secured a deal to acquire Echo, a crypto-investing platform founded by crypto influencer Cobie, for $375 million, the company announced today. The acquisition aligns with Coinbase’s broader strategy of expanding its ecosystem through strategic acquisitions of trading-infrastructure and analytics platforms. The company recently acquired Deribit to gain…

Swiss Regulator GESPA Files Complaint Against FIFA NFT Platform

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Switzerland’s Gambling Supervisory Authority (GESPA), the country’s gambling regulator, has filed a complaint against FIFA’s non-fungible token (NFT) platform FIFA Collect, alleging that it is an unlicensed gambling provider. On Friday, GESPA announced the complaint, alleging the platform’s “competitions,” which feature user rewards like airdrop campaigns and challenges, constitute gambling under current Swiss regulations due to the element of chance in claiming rewards. GESPA wrote: “Participation in the competitions is only possible in exchange for a monetary stake, with monetary benefits to be won. Whether participants win a prize depends…

MegaEth reportedly preparing public ICO on Cobie’s Sonar platform

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Key Takeaways MegaETH, an Ethereum Layer 2 project, is said to be conducting a public initial coin offering (ICO) using Sonar, a platform created by prominent crypto influencer Cobie. MegaETH focuses on real-time transaction speeds by leveraging specialized databases and parallel execution for efficient blockchain state management. Share this article MegaETH, an Ethereum Layer 2 project focused on enabling real-time transaction speeds, is reportedly set to hold a public ICO on Sonar, an ICO platform created by prominent crypto figure Jordan Fish, also known as Cobie. MegaETH advances blockchain infrastructure…

Singapore court approves WazirX restructuring plan; platform to restart in 10 days

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Key Takeaways Singapore court has approved WazirX’s restructuring plan after the cryptocurrency exchange suffered a $235 million hack. The court’s sanction allows WazirX to implement a structured asset distribution to users affected by the incident. Share this article A Singapore court approved WazirX’s restructuring plan today, allowing the Indian cryptocurrency exchange to proceed with asset recovery efforts following a $235 million hack. The Singapore Court sanctioned WazirX’s scheme of arrangement, enabling structured asset distribution to affected users as part of post-hack recovery efforts. WazirX plans to resume platform operations shortly…