Wednesday, November 30, 2022

Trust Wallet launches anticipated browser extension of its crypto management app

Trust Wallet, a self-custodial and multi-chain cryptocurrency wallet application, has announced the launch of its brand-new browser extension wallet. Supporting all EVM chains, as well as Solana, it is available now on browsers including Chrome, Brave, and Opera.

The browser extension complements Trust Wallet’s mobile wallet, which is the world’s leading mobile crypto wallet with 60 million downloads and over 10 million monthly active users globally. Both versions of Trust Wallet deliver enhanced web3 accessibility and offer a more seamless wallet experience for both desktop and mobile environments.

With Trust Wallet’s browser extension, users can manage, store, send, and receive over 8 million tokens across all EVM chains and Solana. This includes Ethereum, BNB Chain, Polygon, and Avalanche with e ability to custom-add other EVM chains. More non-EVMs will be added in the upcoming months and will be announced in due course.

Ultimately, the Trust Wallet browser extension improves the multi-chain experience for users on desktops. Network auto-detect allows for a seamless dApp experience without needing to manually add networks. Also, the browser extension enables users to effectively discover things beyond centralized exchanges (CEXs) such as web3 gaming, metaverse, DeFi, tokens not found on CEXs, and more.

“Our users’ number one request is the Browser extension and they want one with the same good user experience as the Trust Wallet mobile app and the multi-chain coverage. We build for users to empower them whichever device they prefer, to continue to access the exciting dApps on different chains. This is our initial step, and we will listen to users’ and developers’ feedback to improve.”
– Eowyn Chen, CEO of Trust Wallet

Features that already exist on Trust Wallet’s mobile app like multi-wallet support, NFT support, fiat on-ramp providers, and non-EVM blockchain integrations will be added to the browser extension to bring more parity between the desktop and the mobile version. However, there are unique features that will be launched on extension first like hardware wallet support.

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* This article was originally published here

Monday, November 28, 2022

BlockFills launches end-to-end enterprise crypto trading technology stack

BlockFills, a company specializing in building trading and management solutions for cryptocurrency market participants, today announced the launch of Vision Crypto Cloud, a secure, full-service, end-to-end digital asset trading, order management, and risk management platform.

The software-as-a-service (SaaS) platform enables institutions to quickly access the crypto ecosystem out of the box, without the multi-year timeline and expense associated with building an in-house solution.

Noteworthy, BlockFills deploys an integrated liquidity solution that licensees of Vision Crypto Cloud can utilize as part of the service. Vision Crypto Cloud is a technology stack that BlockFills has operated for its own use for several years.

“Our software division is very proud to launch Vision Crypto Cloud as a new and innovative SaaS product for the sector. Vision Crypto Cloud represents a simple and flexible path for entities to enter into the digital asset space which is wrought with challenges for top-tier institutions. BlockFills can provide a turn-key, yet scalable software solution with integrated liquidity in the spot, derivatives, and lending markets to institutions seeking to enter the market or better manage their current digital trading business.”
– Nick Hammer, Co-Founder & CEO of BlockFills

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* This article was originally published here

Sunday, November 27, 2022

HashKey Group receives approval to operate crypto exchange from Hong Kong SFC

Hash Blockchain Limited (HBL), a member of the HashKey Group (HashKey), a blockchain asset financial services group in Asia, announced today it has received approval from the Securities and Futures Commission of Hong Kong (SFC) to operate a virtual asset trading platform, under a Type 1 (dealing in securities) license and a Type 7 (automated trading services ATS license) for professional investors.

With the SFC licenses, HashKey Group has now become the world’s first digital asset group with virtual asset licenses from the Hong Kong SFC, the Financial Services Agency of Japan, and an exemption to operate under the Payment Services Act from the Monetary Authority of Singapore.

Trading with HashKey

HashKey PRO is the name of HBL’s institutional-grade crypto asset trading platform. HashKey PRO will provide professional investors with automated trading services for cryptocurrencies such as bitcoin and ether, as well as stablecoins, security tokens, and more.

Unlike other unregulated crypto trading platforms, HashKey PRO is designed to ensure there is a high level of client asset protection. Client assets are segregated and held in custody by HashKey Custody Services Limited, which holds a Trust or Company Service Provider license in Hong Kong.

HBL’s license issuances come after a statement on October 31, 2022, by the city’s Financial Services and the Treasury Bureau, which outlined its vision and approach to develop Hong Kong into an international virtual assets hub.

Michel Lee, HashKey Group

“The recent policy statement is a testament to the Hong Kong government’s dedication and commitment to fortify the city’s status as a frontrunner and leader in blockchain and virtual asset innovation and regulation. We are delighted to have received the licenses given the backdrop of this positive announcement. This enables us to provide regulated and compliant virtual asset trading services as we continue to help build the financial, technological, and service infrastructure to facilitate and contribute to the rapid growth and the long-term development of the ecosystem.”
– Michel Lee, Executive President of HashKey Group

Regulation Background

In 2022, the Hong Kong government and regulators have been setting out new guidelines and a licensing framework to regulate virtual asset trading activities in the interest of consumer and investor protection.

A joint circular announcement was issued by the SFC and the Hong Kong Monetary Authority on January 28 2022 stating that registered institutions and licensed corporations are required to partner only with SFC-licensed VATPs in order to provide virtual asset dealing services to their clients.

At Hong Kong FinTech Week 2022, the SFC also released a Circular on Virtual Asset Futures Exchange Traded Funds, stating that the SFC will start accepting applications for the authorization of such funds. The SFC has started reviewing the “professional investor only” requirement applicable to the investment of virtual asset products and is preparing a circular to set a modified security token regime to treat tokenized assets in line with traditional assets on a “same business, same risk and same rules” approach.

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* This article was originally published here

Saturday, November 26, 2022

Pundi X’s on-chain payment app for merchants now called Cashier Pro, adds Tron

Pundi X, a blockchain payments startup, recently announced that its “On-chain payment” function within its XPOS crypto point-of-sale platform is now known as “Cashier Pro” and available for all merchants.

Cashier Pro enables merchants to accept crypto payments from 3rd party blockchain wallet users across multiple blockchain networks, including Bitcoin Lightning Network, BNB Chain, Ethereum, and Tron. Among them, Bitcoin Lightning Network and Tron blockchain are two new networks that were requested by XPOS distributors and merchants.

 “We’re constantly looking for ways to improve our XPOS machines and there was no better way to do that than having Cashier Pro support Lightning Network and Tron Network. I have no doubt that XPOS users will be happy to see they can accept payment from not only Pundi X product users but also from many other 3rd party blockchain wallet users.”
– Pundi X CEO & Co-Founder Zac Cheah

This change was initiated with Pundi X’s launch of XPOS Web 3.0 with NFC payment capabilities & more. XPOS Web 3.0 includes Cashier Pro and builds off versions of XPOS, which is a point-of-sale machine enabling brick-and-mortar retailers to accept crypto payments and transact on the blockchain.

With XPOS Web 3.0, merchants are also able to use Pundi X’s p(x)Change dApp powered by Function X technology to connect their blockchain wallets to accept and sell crypto via multiple blockchain networks.

The post Pundi X’s on-chain payment app for merchants now called Cashier Pro, adds Tron appeared first on CryptoNinjas.



* This article was originally published here

Wednesday, November 23, 2022

Solana-powered sports wagering platform BetDEX to launch ahead of World Cup

BetDEX Labs, the company behind BetDEX, a new sports betting exchange for peer-to-peer wagering, this week announced that the BetDEX Exchange will officially launch on the Solana mainnet on Thursday, November 17th, which coincides with the beginning of the 2022 World Cup.

Just recently, BetDEX became one of the first licensed sports betting exchanges built on the blockchain. Under the Online Gambling Regulation Act (OGRA), the BetDEX Exchange received licensed approval from the Isle of Man for all forms of online gambling and gaming, including online sports betting.

Upon launch, BetDEX will accept users from countries across Europe, Asia, South America, and Africa. The fully non-custodial exchange is powered by the Monaco Protocol.

“After a successful open beta we are excited to officially launch the BetDEX Exchange in select countries and territories around the world. As the world’s first fully licensed web3 sports betting exchange, we’re looking forward to onboarding members into a booming space. Launching just ahead of the world’s premier sporting event is an exciting moment as our community can wager on matches throughout the duration of the World Cup and beyond.”
– Varun Sudhakar, CEO & Co-Founder of BetDEX

In the near future, BetDEX is expected to accept wagers on tennis, cricket, and more.

Since introducing its open beta in early October, the BetDEX Exchange has accepted wagers from over 12,000 early access members. A “beta” tag will remain on the exchange until 2023, but customers will be able to wager real money immediately upon launch.

The post Solana-powered sports wagering platform BetDEX to launch ahead of World Cup appeared first on CryptoNinjas.



* This article was originally published here

Monday, November 21, 2022

Crypto exchange company OKX secures registration in Bahamas, opens office in Nassau

OKX, one of the largest crypto exchanges by volume and a leading web3 platform, today announced its registration as a Digital Asset Business in The Bahamas under the newly adopted Digital Assets and Registered Exchanges (DARE) Act.

The company has also formed a new subsidiary, OKX Bahamas, for which it appointed Dr. Jillian Bethel, a Bahamian native and blockchain industry luminary, as CEO. With plans to serve as a regional hub, OKX Bahamas has opened a Nassau-based office and plans to fill 100 job openings locally.

OKX Bahamas will cater to Latin America and the Caribbean’s growing population of cryptocurrency investors and traders.

“OKX is thrilled about our expansion into The Bahamas under the innovative DARE Act. We are prioritizing growth in regulated markets because we want to enable responsible crypto activity globally. By working with forward-looking authorities like the Securities Commission of The Bahamas, we can create safe and sustainable environments for crypto to exist.”
– Tim Byun, Global Government Relations Officer, OKX

OKX selected The Bahamas as a strategic growth location because of the effective regulatory framework created by the Securities Commission of The Bahamas. Already known as a prestigious international business and financial center, The Bahamas is emerging as a global leader in digital assets through its progressive legislation and regulatory structures.

“The DARE Act has made The Bahamas a pioneer in digital asset adoption, and I’m proud to lead the OKX Bahamas team in championing crypto. As a gateway to the Caribbean and the broader Americas, The Bahamas is opening new doors for local talent and global businesses to thrive here with forward-looking policy.”
– Dr. Jillian Bethel, OKX Bahamas CEO

This registration in The Bahamas comes on the heels of OKX receiving a provisional Virtual Assets Regulatory Authority (VARA) license in Dubai, where it has also opened a regional hub to serve qualified investors within the UAE and surrounding countries.

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* This article was originally published here

Monday, November 14, 2022

Crypto services company Blockchain.com opens waitlist for new Visa debit card

Today, crypto services company Blockchain.com, announced the launch of its new Visa debit card.

With the Blockchain.com Visa card, users can spend any crypto in their Blockchain.com Wallet without fees while earning 1% back in crypto on all purchases.

Key Features:

  • Works like a debit card – Pay from crypto or cash balances anywhere Visa debit cards are accepted.
  • Practical – There are no signup fees, card issuance fees, annual fees, or transaction fees.
  • Earn crypto back – Users receive 1% back in crypto whenever they make a purchase.

“Starting today, US customers can join the waitlist for the Blockchain.com Visa Card. The first customers will be able to order your card soon and immediately use it for online purchases, with your physical card to be delivered in the mail shortly after.”
– The Blockchain.com Team

Those interested in this card can join the waitlist here.

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* This article was originally published here

Dogecoin Flaw Exploited, Hacker Crashes 69% of Active Nodes

On December 12, 2024, the Dogecoin network was exploited when an “ethical” hacker uncovered a critical flaw. This exploit brought down a sta...