AVAX

Circle Delivers USDC Interoperability Across Ecosystems with Mainnet Launch of Cross-Chain Transfer Protocol

Retrieved on: 
Wednesday, April 26, 2023

BOSTON, April 26, 2023 /PRNewswire/ -- Circle, a global digital financial technology firm and the issuer of USDC and Euro Coin, today announced the mainnet availability of Cross-Chain Transfer Protocol (CCTP) for developers building on Ethereum and Avalanche. The permissionless protocol enables USDC to flow natively across supported chains, delivering an unparalleled level of interoperability, security, liquidity and simplified user experiences.

Key Points: 
  • The permissionless protocol enables USDC to flow natively across supported chains, delivering an unparalleled level of interoperability, security, liquidity and simplified user experiences.
  • Apps that embed CCTP can enable users to "burn and mint" USDC natively, which results in USDC essentially "teleporting" from one blockchain to another.
  • Complete the transfer on the destination chain: The app uses the attestation to trigger the minting of USDC.
  • "In our pursuit of building the best dollar protocol on the internet, Cross-Chain Transfer Protocol gives USDC native interoperability across Web3," said Joao Reginatto, VP of Product.

Unizen (ZCX) enters a strategic partnership with THORChain (RUNE)

Retrieved on: 
Tuesday, April 25, 2023

The team at Unizen , operating the Web3 ecosystem found at zcx.com , is pleased to announce a strategic partnership with the team at THORChain .

Key Points: 
  • The team at Unizen , operating the Web3 ecosystem found at zcx.com , is pleased to announce a strategic partnership with the team at THORChain .
  • Specifically, Unizen has integrated the THORChain settlement layer to enable swaps between ETH (Ethereum) and AVAX (Avalanche C-chain) to BTC (Bitcoin) and vice versa.
  • "This made THORChain the obvious selection for empowering trades on the Unizen Trade platform involving Bitcoin, Litecoin, Dogecoin, and additional cryptocurrencies."
  • "Unizen is an excellent venue to offer cross-chain swaps powered by THORChain.

Cega launches on Ethereum, introduces new leveraged options product, and launches trading firm

Retrieved on: 
Friday, March 31, 2023

Cega is also thrilled to announce the launch of Leveraged Options Vaults ("LOVs"), a novel options strategy which represents innovation in DeFi primitives, as well as the launch of trading firm Tras Mobian.

Key Points: 
  • Cega is also thrilled to announce the launch of Leveraged Options Vaults ("LOVs"), a novel options strategy which represents innovation in DeFi primitives, as well as the launch of trading firm Tras Mobian.
  • Cega has launched on Ethereum Mainnet which brings its innovative, exotic options structured product vaults to the largest L1 blockchain.
  • Exotic options differ from vanilla options because they add customized, non-standard features that deliver unique payoffs for investors such as increased yield and principal protection.
  • Cega is launching a novel leveraged options vault (“LOV”) strategy that delivers up to 5x higher yields ranging from 20% APY to 109% APY.

Valour announces the launch of physically digital asset backed ETP issuance platform in Europe and a record increase of Assets under Management in 2023 of close to 90% year-to-date

Retrieved on: 
Wednesday, April 12, 2023

Valour launches its EU-wide offering of physically backed Exchange Traded Products on digital assets (ETPs) including white-label solutions for asset managers and family offices.

Key Points: 
  • Valour launches its EU-wide offering of physically backed Exchange Traded Products on digital assets (ETPs) including white-label solutions for asset managers and family offices.
  • Total AUM rose by $70 million in 2023 reaching a record high of almost $148 million - an increase of close to 90% year-to-date.
  • The ETPs will be secured by the respective digital assets that are physically stored with regulated custody providers.
  • Valour further announces that total AUM increased by $70 million in 2023, reaching a record high of almost $148 million - an increase of close to 90% since the beginning of 2023.

Bitget Offers Index Futures with Aggregated Market Indicators

Retrieved on: 
Thursday, March 30, 2023

The new product is designed to attract investors seeking relatively low-risk yield-earning instruments based on aggregated market indicators.

Key Points: 
  • The new product is designed to attract investors seeking relatively low-risk yield-earning instruments based on aggregated market indicators.
  • The benefit offered by the Bitget index futures service lies in that the indices can closely track the changes in market conditions and help investors receive average market returns, also known as the beta return.
  • Bitget index futures allow investors to build portfolios consisting of multiple currencies, thus negating the impact of sudden market changes and reducing unsystematic risks in investment.
  • Lastly, index futures give the benefit of expanding investment horizons across multiple market assets by aggregating market performance data, thus opening up new investment opportunities.

BlockBlend Celebrates One Year Delivering Privacy to Cryptocurrency Users with the Announcement of their V2 Platform.

Retrieved on: 
Thursday, March 30, 2023

BlockBlend became a catalyst allowing blockchain users to protect themselves and their anonymity.

Key Points: 
  • BlockBlend became a catalyst allowing blockchain users to protect themselves and their anonymity.
  • Users are not required to have their wallets connected to the BlockBlend dApp when performing the bridging transaction.
  • Users can transact directly from their crypto wallets with complete privacy and with maximum anonymity.
  • Over the past year the BlockBlend platform has continued to build and evolve, offering new and exciting services for privacy minded crypto users.

ChainUp has launched a Web3 wallet solution based on MPC protocols to support Filecoin Virtual Machine (FVM) ecosystem

Retrieved on: 
Wednesday, March 22, 2023

ChainUp Group founder and CEO, Sailor, commented, "We have launched an enterprise solution called the MPC (Multi-Party Computation) Wallet to assist our partners in managing digital assets with enhanced security and lower barriers.

Key Points: 
  • ChainUp Group founder and CEO, Sailor, commented, "We have launched an enterprise solution called the MPC (Multi-Party Computation) Wallet to assist our partners in managing digital assets with enhanced security and lower barriers.
  • Our solution also offers a suite of enterprise solutions for institutional customers, including workflow management, shared wallet, and financial reporting.
  • This new Web3 wallet solution leverages on ChainUp Custody Multi-Party Computation (MPC) technology and the MPC protocols, allowing users to securely manage their assets while exploring various DAPPs such as DEX, blockchain games, and NFTs.
  • The solution currently supports over 10+ protocols including ETH, BSC, AVAX, and MATIC, and it is the first to support the Filecoin EVM ecosystem.

Galxe Expands to Avalanche, Accelerating the Growth of NFT Communities Across the Ecosystem

Retrieved on: 
Tuesday, March 21, 2023

With more than 54 million Galxe ID users and over 1,900 ecosystem partners, Galxe is a top 10 dApp across all blockchains, and welcomes Avalanche into its robust ecosystem.

Key Points: 
  • With more than 54 million Galxe ID users and over 1,900 ecosystem partners, Galxe is a top 10 dApp across all blockchains, and welcomes Avalanche into its robust ecosystem.
  • Avalanche joins Polygon, Optimism, Arbitrum, BNB Chain, and others, as Galxe’s trusted ecosystem partner with the launch of the Avalanche OAT.
  • The irrefutable success of partnering with Galxe continues to propel powerful collaborations between the leading blockchains in the ecosystem, such as Avalanche.
  • “We’re thrilled to partner with Galxe in a closer way to bring more awareness to our communities, marketplaces and NFT projects.

Valour Expands Product Offering Access in France a Key Market for Expansion

Retrieved on: 
Tuesday, March 21, 2023

A recent study by KPMG reflects that 38% of the French population reportedly have invested or intend to invest in crypto assets in the future.

Key Points: 
  • A recent study by KPMG reflects that 38% of the French population reportedly have invested or intend to invest in crypto assets in the future.
  • Valour brings the tools to make these numbers a reality, by offering digital asset ETPs that can easily be added to an existing securities portfolio", said Johanna Belitz, Head of Sales France and Nordics.
  • Valour Asset Management offers fully hedged digital asset ETPs with low to zero management fees, with product listings across European exchanges, banks and broker platforms.
  • Valour Asset Management's existing product range includes Valour Uniswap ( UNI ), Cardano ( ADA ), Polkadot ( DOT ), Solana ( SOL ), Avalanche ( AVAX ), Cosmos ( ATOM ), Binance ( BNB ), Enjin ( ENJ ), Valour Bitcoin Carbon Neutral , and Valour Digital Asset Basket 10 ( VDAB10 ) ETPs with low management fees.

Valour confirms No Exposure to Silvergate Bank, Signature Bank or Silicon Valley Bank

Retrieved on: 
Monday, March 13, 2023

TORONTO, March 13, 2023 /PRNewswire/ - Valour Inc. (the "Company" or "Valour") (NEO: DEFI) (GR: MB9) (OTC: DEFTF), today confirms, in connection with the Company's commitment to providing transparent information, that neither itself nor any of its operating subsidiaries have any exposure to Silvergate Bank, Signature Bank or Silicon Valley Bank.

Key Points: 
  • TORONTO, March 13, 2023 /PRNewswire/ - Valour Inc. (the "Company" or "Valour") (NEO: DEFI) (GR: MB9) (OTC: DEFTF), today confirms, in connection with the Company's commitment to providing transparent information, that neither itself nor any of its operating subsidiaries have any exposure to Silvergate Bank, Signature Bank or Silicon Valley Bank.
  • The company also confirms that SEBA Bank AG, one of its strategic investments, has no exposure to Silvergate, Silicon Valley Bank, or USDC "The strategic decision to acquire a stake in one of two digital assets licensed banks by the Swiss regulator FINMA, SEBA Bank has proven to be paying off, particularly during difficult times like these.
  • SEBA bank has no exposure to USDC, Silvergate or Silicon Valley Bank and is seeing more interest from potential customers during the last days," said Olivier Roussy Newton, Chief Executive Officer of Valour, who also holds a seat on SEBA's management board.
  • Valour Cayman's existing product range includes Valour Uniswap ( UNI ), Cardano ( ADA ), Polkadot ( DOT ), Solana ( SOL ), Avalanche ( AVAX ), Cosmos ( ATOM ), Binance ( BNB ), Enjin ( ENJ ), Valour Bitcoin Carbon Neutral , and Valour Digital Asset Basket 10 ( VDAB10 ) ETPs with low management fees.