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Fidelity Launches Ethereum Index Fund — Sees Client ‘Demand for Exposure to Digital Assets Beyond BTC’
7.10.2022
A filing with the U.S. Securities and Exchange Commission has shown that Fidelity looks to launch an investment product known as the Fidelity Ethereum Index Fund on October 4, 2022. While the new fund is not an exchange-traded fund it is said to be structured as a “traditional limited...
Grayscale’s New Co-Investment Vehicle Aims to ‘Capture the Upside of Crypto Winter’
6.10.2022
On October 6, Grayscale Investments announced a new venture that gives accredited investors the opportunity to invest in the mining infrastructure that powers the digital asset ecosystem. According to the announcement, the co-investment vehicle is called Grayscale Digital Infrastructure...
Unido EP: Enterprise-Grade Digital Asset Management, for Everyone
6.10.2022
PRESS RELEASE. Since the last product offering comparison with Fireblocks, Unido has now successfully launched the EP self-custody multi-wallet, powered by Multi Party Computation (MPC) technology. Unido EP represents a first to market for a fully decentralized, distributed private key management...
DeFi Platform Ribbon Finance's Unsecured Lending Product Sees Crypto Firms Folkvang and Wintermute Borrow Over $10M
6.10.2022
Ribbon's Lend, which went live on Monday, allows institutions to borrow funds without having to lock in collateral
Mastercard Debuts Blockchain Surveillance Tool for Banks and Crypto-Centric Card Issuers
4.10.2022
On Tuesday, the multinational financial services corporation Mastercard revealed that it is launching a new crypto monitoring product called Crypto Secure. The Crypto Secure software aims to leverage artificial intelligence (AI) algorithms in order to help banks and crypto-centric debit card...
Circle Launches Cross-Chain Transfer Protocol, USDC Issuer Acquires Payment Orchestration Firm Elements
30.9.2022
On Thursday, at the Converge22 event in San Francisco, Circle announced the acquisition of the payment orchestration company Elements. Circle explained that the acquisition includes plans to “quickly scale payment offerings.” Circle says the new service will make it easier...
Interview With BISON app CEO Ulli Spankowski – Part 1: It’s Time to Build Crypto Product and Why Europe is Smart and Stablecoins are Strategies
29.9.2022
In the first of a two-part interview, Cryptonews spoke exclusively to Dr Ulli Spankowski, head of digital assets at Börse Stuttgart, founder of Sowa Labs and the BISON app, as well as being the CEO of the latter.
In what was a wide-ranging discussion, Ulli provided insights on developments in...
Crypto Investment-Product Firm 21.co Hires Former Goldman Alum as CTO
29.9.2022
David Josse led Goldman Sachs’ business intelligence and engineering efforts for the bank’s Marcus product
Chainlink and CF Benchmarks to Bolster Onchain Transparency via CF Bitcoin Interest Rate Curve Product
29.9.2022
On Wednesday, the decentralized oracle network platform, Chainlink, announced the launch of a market-wide interest rate product for Web3 protocols and the decentralized finance (defi) economy, called the CF Bitcoin Interest Rate Curve (CF BIRC). Chainlink revealed the new product at Smartcon 2022...
Circle Product VP: USDC chain expansion part of 'multichain' vision
29.9.2022
Speaking with Cointelegraph, Circle’s vice president of Product Joao Reginatto emphasized that devs soon won’t care what blockchain they build on, as interoperability will be key
Robinhood Debuts Web3 Crypto Wallet to 10K Customers — Beta Version Supports Polygon
27.9.2022
The American financial services company headquartered in Menlo Park, California, Robinhood Markets, Inc., announced the launch of a new non-custodial Web3 crypto wallet on Tuesday and said the product supports the Polygon blockchain network. The application is currently for iOS users only...
MPCH Raises $40M for New Crypto Security Product
27.9.2022
Liberty City Ventures, which incubated the startup, led the funding round
More Than a Half Dozen US Securities Regulators File Actions Against Crypto Lender Nexo
27.9.2022
Crypto lender Nexo is having issues with state authorities from California, New York, Washington, Kentucky, Vermont, South Carolina, and Maryland. The enforcement actions from multiple state securities regulators detail that Nexo’s Earn Interest Product (EIP) may be in violation...
Have Helium Leaders Been Lining Their Own Pockets While Not Delivering on Product?
26.9.2022
Executives at Helium (HNT), a developer of a "decentralized wireless infrastructure," as well as their family and friends, hoarded the majority of wealth at the project's launch, claims Forbes.
This is a $1.2 billion web3 company that said it was building a global wireless internet connection...
California, New York Join Several States Ordering Crypto Lender Nexo to Halt Yield Product
26.9.2022
First Product From Finity Touch’s Future Ecosystem Officially Launched
26.9.2022
PRESS RELEASE. Finity Touch will surprise the crypto community with its unique features and an already large but growing ecosystem. The team of Finity Touch is happy to present Finity Skills. Finity Skills is the first product of the Finity Touch Ecosystem, which will be available in October 2022....
Flynt Launches Industry’s Highest Yield Product on Bitcoin
24.9.2022
PRESS RELEASE. Flynt Finance, the cryptocurrency financial services company based in Singapore co-founded by previous derivatives exchange operators and analysts, launched a platform for crypto structured products last week. The relatively high returns (up to 50% APY) on Flynt has gained strong...
FOREO’s Flagship Products Launch as NFTs Before Conventional Release, Paving the Way for Skincare Innovation
22.9.2022
PRESS RELEASE. Stockholm, September 22nd: As the world moves into more digital environments, Swedish beauty-tech giant FOREO has taken the initiative to bring a whole new product to audiences everywhere – the beauty NFT. Blockchain technology has allowed FOREO to challenge traditional...
Binance Receives License to Offer More Crypto Services in Dubai
22.9.2022
Cryptocurrency Binance has received another license from Dubai’s crypto regulator. Binance can now provide more crypto-related services in Dubai. Binance’s New License in Dubai Cryptocurrency Binance announced Wednesday that it has received the Minimal Viable Product (MVP) license...
Smoothie Raises $1.2 Million to Develop a Web3 Product Search
21.9.2022
Smoothie recently announced raising over $1.2 million to build a product hunt for Web3. Matt Kim, Smoothie’s co-founder, tweeted about the funding to inform users worldwide. The Twitter thread by Matt Kim shed light on several important factors about the platform. As a discover-to-earn awards...