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Cantor Fitzgerald is looking to launch a Bitcoin financing business with an initial capital of $2 billion. The financing services giant’s CEO announced the plans at Bitcoin 2024. Cantor Fitzgerald will partner with top Bitcoin custody pltforms to offer leverage to investors that hold BTC. Cantor Fitzgerald, a New York-based global financial services company, will invest an initial $2 billion in a new Bitcoin financing business, the firm’s CEO Howard Lutnick announced at Bitcoin 2024. The company confirmed the plans via a press release. Cantor Fitzgerald eyes BTC financing business According to the Cantor Fitzgerald CEO and per details in the news release, the new business venture will offer leverage to investors holding Bitcoin. The firm will invest more into the financing platform after the initial $2 billion splash. “We are excited to help unlock Bitcoin’s full potential and continue bridging the gap between traditional finance...

Social Network has announced its mainnet launch, scheduled for April 22. The fair launch will also include a gamified “touch grass” NFT experience for participants. Social Network, a Bitcoin staking Layer-2 solution, has announced the launch of its mainnet as it seeks to add to Bitcoin’s scalability. The platform’s mainnet launch is set for April 22, and will herald the start of a new incentive model for the burgeoning economy on the world’s largest blockchain network. Social Network’s fair launch to include gamified experience According to details shared with CoinJournal, Social Network’s launch comes after the team recently finalized a key milestone. This involved the launch of 369 Regens on Bitcoin’s block 9, a block that BTC creator Satoshi Nakamoto mined in 2009. Social Network opened early access to the fair launch to more than 10,000 testnet contributors and the 369 Bitcoin Regen holders on April 1. ...

Ethereum developers are gearing up to set a mainnet launch date for the Dencun upgrade on Feb. 8, marking a pivotal moment for the blockchain with the introduction of several Ethereum Improvement Proposals (EIPs), including the much-anticipated proto-danksharding. The upgrade aims to significantly reduce transaction costs on layer-2 solutions, heralding a new era of efficiency and scalability for Ethereum. In an update shared on Reddit on Feb. 1, core Ethereum developer Tim Beiko reflected on the successful testing of the Dencun upgrade . The All Developer Execution Call (ACDE) 180 shed light on the smooth execution of the Sepolia fork on Jan. 30 and the upcoming Holesky testnet upgrade on Feb. 7, indicating steady progress toward the mainnet launch . As outlined in a Jan. 24 blog post by the Ethereum (ETH) Foundation, the Dencun upgrade proposes critical modifications to Ethereum’s consensus and execution layers. This follows the landmark Shapella upgrade , executed on Ap...

Jeremy Allaire’s stablecoin operator now provides a depot of testnet tokens for blockchain builders to utilize when creating web3 tools and solutions. Circle, the issuer of crypto’s second largest stablecoin, USD Coin (USDC), has released a faucet for its U.S. dollar-pegged token and its euro-denominated coin EURC in a move said to bootstrap innovation across a plethora of decentralized networks.  This faucet will allow developers to access test USDC and EURC, which can then be deployed on testnets. In this staging area, builders evaluate blockchain applications and hold dress rehearsals ahead of the main deployment.  1/ We’re excited to share the launch of Faucet, a fast and easy way for developers to access testnet $USDC and $EURC on all of our support ed blockchain testing networks.https://t.co/CB8gUzrupy pic.twitter.com/JHphA99fNL — Circle Developers (@BuildOnCircle) December 7, 2023 The testnet tokens are free and would be available on support ed chains such as ...

Tottenham Hotspur is collaborating with Socios.com to unveil an exclusive Spurs Fan Token to enhance fan engagement and offer personalized rewards. Premier League club Tottenham Hotspur is stepping into crypto by announcing a long-term association with Socios.com, the popular blockchain-based fan engagement platform. Spurs are launch ing their exclusive fan token (SPURS) on the Chiliz blockchain after this deal.  The token s, aimed at fans 18 and older, will be an integrated perk for season ticket holders and One Hotspur+ members. Starting October 4, these exclusive token s will be issued—and members of the mentioned communities will receive five free SPURS token s.  Breaking News: #SportFi -> @SpursOfficial joins @socios and launches $SPURS Fan Token on @chiliz chain. Very proud to continue growing this global sports ecosystem, despite market conditions. Our 7th Premier League Fan Token. Spurs Fan Token will have a lot of new features… pic.twitter.com/...

cheqd (cheqd.io) is a privacy-focused payment and credential network that empowers users and organizations to take control of their data. It leverages Decentralized Identity (DID), Self-Sovereign Identity (SSI), and Digital or Verifiable Credentials (VCs), to establish Trusted Data markets as a novel industry category. cheqd’s technology is reshaping Trusted Data economies, including reusable KYC in Web3 and preference data markets. cheqd, a startup focused on enhancing user and organizational control over identity data, has introduced Credential Payments, a new feature within its decentralized network and SaaS product, Credential Service. This development enables individuals and organizations to receive compensation for sharing their identity data while preserving their privacy. It also lays the foundation for Trusted Data markets, a nascent industry category. Credential Payments represent a pioneering feature in Self-Sovereign Identity (SSI), allowin...

HashKey Capital, the first licensed crypto exchange in Hong Kong, has announced the launch of a new secondary market crypto fund. The fund will use a significant portion of its assets to invest in the cryptocurrency industry, targeting different cryptocurrencies. According to a report, the company has secured many potential high-net-worth Asian individuals and companies. The firm’s portfolio manager, Jupiter Zheng Jialiang, explained that the company will seek to raise $100 million for its fund over 12 months. Zheng Jialiang added that the fund will invest in top-tier cryptocurrencies like Bitcoin and some altcoins. You might also like: HashKey officially launches as Hong Kong’s first retail crypto exchange HashKey exchange development in Hong Kong HashKey Exchange is the first licensed retail virtual asset exchange in Hong Kong. It officially commenced operations with a grand launch event that brought together representatives from the Hong Kong government, central bankin...

Huobi will launch a trading pair with PayPal’s stablecoin PYUSD, backed by the US dollar, with a perpetual zero trading fee. Huobi users will be able to trade PYUSD/USDT. The announcement highlights that the exact date of pair launch will depend on market circulation and liquidity factors. You might also like: PayPal ventures into stablecoins with launch of PYUSD One day earlier, Justin Sun invited PayPal to consider TRON as a blockchain for its stablecoin. I cordially invite PayPal to consider issuing PYUSD on #TRON, which is Fast, secure, and cost-effective with 12 billion USD daily transactions. Mutual benefits await in the digital payment landscape. Let's collaborate for a thriving ecosystem! — H.E. Justin Sun 孙宇晨 (@justinsuntron) August 7, 2023 Highlighting TRON’s speed, security, and cost-effectiveness attributes, Sun alluded to the impressive daily transaction volume of 12 billion USD. He emphasized the potential for mutual benefits within the...

The game aggregator will allow users to link their Web3 wallets to various games through crypto wallet provider MetaMask. HyperPlay, a Web3-native game launch er with a built -in crypto wallet , has announced its early access launch , according to a Mar. 1 announcement from the developer. The online game launcher was built in collaboration with crypto wallet provider MetaMask, aimed at integrating players' crypto wallets with game libraries such as Epic Games Store, GOG (formerly Good Old Games), and its own HyperPlay Store.  The new platform, founded by former Metamask operations lead, JacobC.eth, doesn’t charge developers any commissions and instead plans to rely on crypto services such as swaps and bridges to monetize the platform. Today, we’re excited to celebrate the early access alpha launch of https://t.co/tXbk7iBEWb, a game launcher that brings Web3 wallets into native games. We aggregate the @EpicGames store, @GOGcom, and our own store to overlay @MetaMask into game exper...