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Posts Tagged ‘Launches’

ETC Labs Launches Startup Incubator Pilot as Applications Exceed 100

The director of Ethereum Classic’s investment branch ETC Labs revealed in an interview Thursday, Oct. 11, that it will work with as many as 24 startups each year. Elizabeth Kukko confirmed that six selected projects were currently involved with ETC Labs in a pilot scheme, with the full incubator to launch in Q1 2019. “The…

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Coinbase Launches First ERC-20 Token on Platform

Leading U.S. cryptocurrency exchange Coinbase has started listing 0x (ZRX) token, according to an announcement published Oct. 11. The move marks the first time Coinbase has added support for an ERC-20 token. ERC-20 tokens are tokens developed and used solely on the Ethereum (ETH) platform, where ERC stands for Ethereum Request for Comment, and 20…

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Crypto Hedge Fund Launches Are Soaring to Record Levels This Year

Despite the bear market in cryptocurrencies this year so far, crypto hedge fund launches are spiking to all-time highs. According to a new report from Crypto Fund Research, 90 crypto hedge funds launched in the first three quarters of this year, and the total is expected to reach as high as 120 for the financial year. With…

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Messaging Giant Kakao Launches Its Own Blockchain for Testing

Ground X, the blockchain development arm of the South Korean messaging giant Kakao, has launched a test network (testnet) of its proprietary blockchain network dubbed Klaytn. The firm said in a press release on Monday that the testnet is now made available to 10 invited partners on the network. It has also published a white paper…

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Venezuela Finally Launches Controversial State-issued Petro Cryptocurrency

Venezuela’s President Nicolas Maduro recently announced the official launch of the Petro cryptocurrency. In a follow-up development, the government says payment for travel passports will now be made in Petro.  Petro Public Sale Starts November 2018 According to RT News, the Petro public sale commences on November 5, 2018, more than eight months after its…

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AT&T Launches Blockchain Solutions Targeting Supply Chain and Healthcare

The world’s largest telecoms firm, AT&T, has become the latest major corporation to launch a suite of blockchain services targeting diverse industries. AT&T said in a news release Wednesday that the solutions – which are largely focused on supply chain processes – can help businesses automate and digitize processes using blockchain tech. Citing use cases across industries…

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Full ‘Circle’: Goldman Sachs Backed Startup Launches Stablecoin Cryptocurrency

On September 26th, Circle announced the release its new stablecoin USD Coin (USDC), which will begin trading on Circle’s Poloniex exchange immediately. The new USDC stablecoin will be fully collateralized by USD at a 1:1 ratio. The stablecoin market has been particularly active recently, with several other projects launching in past few months. Circle’s announcement…

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Dubai Department of Finance Launches Blockchain-Based Payment System for UAE Gov’t

The Dubai Department of Finance (DoF) has partnered with the Smart Dubai Office (SDO) to launch a blockchain-powered payment system. The news was reported on by a local news site Zawya, September 23. The new platform, called “Payment Reconciliation and Settlement,” was officially launched Sunday, September 23. It is reportedly geared towards government entities, such…

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US Navy Launches Blockchain Research in Mission to Improve Tracking System

A U.S. Navy command is exploring the potential of blockchain technology in tracking aircraft parts. The Naval Air Systems Command (NAVAIR) – which provides material support for aircraft and airborne weapons systems for the navy – announced in a press release Friday it is investigating whether blockchain could trace parts through their life-cycle more efficiently and cost-effectively…

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