Tim Draper-Backed Startup Launches Blockchain Browser to Avoid Censorship

Unstoppable Domains, a tech firm backed by prominent blockchain supporter Tim Draper, is rolling out a blockchain-based browser set to provide users with access to the decentralized web. Per a Feb. 18 announcement, Unstoppable Blockchain Browser is designed to simplify access to the decentralized web, also known as web 3.0. This kind of the Internet enables peer-to-peer (P2P) transactions with no involvement of a middleman, reportedly designed to avoid censorship. Unstoppable Domain’s another step forward Unstoppable Domains CEO, Matthew Gould, said: “We believe that a decentralized web is critical for…

UK Crypto Exchange Coinfloor Launches ‘No BS’ Service for Bitcoin Beginners

U.K-based crypto exchange Coinfloor, which made news last year by delisting ethereum to focus solely on bitcoin, is launching a simplified buying service. Going live next month, Coinfloor, the longest-running crypto exchange in the U.K., is providing an “Auto Buy” service aimed at bitcoin newbies and hodlers alike, as opposed to sophisticated trading types. It’s all part of Coinfloor’s “no BS” approach to crypto, said CEO Obi Nwosu, who wants to educate new users, as well as offer full transparency in the form of monthly proof-of-custody audits of all the…

Enjin Launches Game Development Platform on Ethereum

Enjin has announced the launch of its game development platform on ethereum, enabling potentially millions of developers to integrate crypto assets into games and apps with no knowledge of writing blockchain code. The company announced the news Tuesday, saying the Enjin Platform allows game engineers to take advantage of decentralized inventory, to integrate blockchain-based gaming and non-gaming assets, and to manage economic game play mechanics. “Our platform is designed to integrate seamlessly into new and existing games alike, providing a competitive edge to studios of all sizes and across all…

Derivatives Exchange Deribit Launches Daily Ether Options

Panama-based cryptocurrency derivatives exchange Deribit has listed daily options on ether (ETH). The platform announced the news on Twitter on Monday. The new product will have strike price intervals of $5 and can be traded in the 24 hours preceding the expiry at 08:00 UTC every day. They will have a lifetime of two trading days at the time of introduction. From Feb. 19, the exchange will also be reducing the tick size for all ether options from the current 0.001 ETH to 0.0005 ETH, Deribit CMO Andras Caron said.…

ChainUP Launches EXUP, An Independent Brand of Blockchain Financial Derivatives

ChainUP has launched EXUP a new financial derivatives technology platform for digital assets to empower the blockchain financial ecosystem. 14th February, 2020, Singapore – On February 11, ChainUP, a leading global blockchain technology service provider, officially launched EXUP, an independent brand of blockchain financial derivatives, creating a new financial derivatives technology platform for digital assets. EXUP is committed to providing customers with secure, stable and efficient blockchain financial derivatives services. Its highly stable and reliable matching engine has been created to [em]power the financial ecosystem on blockchain, through a distributed…

ConsenSys Project Launches ‘Proof-of-Use’ Network to Discourage Speculation

A ConsenSys token platform launching its first token project Tuesday hopes to support ethereum projects while discouraging speculative investing and trading in their tokens. Activate – a decentralized token network that actively polices speculative token making – announced it was going live with SKALE, an ethereum scaling project, as its first partner. The project is also partnering with the NODE Foundation, a nonprofit focused on promoting the SKALE network. Activate is part of ConsenSys Codefi, an ethereum-based operating system for decentralized finance products.  Activate sets standards for the purchase, distribution…

BitPay Launches In-Store Crypto Payments With New POS Partnership

Blockchain payments provider BitPay is now taking its service into bricks-and-mortar stores. Through a new partnership announced Tuesday, the firm will be offering cryptocurrency payments at merchants’ point-of-sale (POS) terminals. The effort comes via BitPay’s new tie-up with open commerce platform Poynt, which the announcement says already has a network of POS devices online at over 100,000 retailers globally. “It’s a massive growth opportunity for BitPay,” said BitPay CEO and co-founder Stephen Pair, “and an important milestone in our now nine-year mission to make payments faster, more secure and less…

Joint Venture Launches Canadian Dollar-Pegged Stablecoin for Financial Services

A new stablecoin pegged to the Canadian dollar may help digitize the North American nation’s financial markets. Canada Stablecorp announced Monday it was issuing the “QCAD” stablecoin for “mass market,” including foreign exchange remittances and other financial products. Canada Stablecorp is a joint venture between cryptoasset manager 3iQ, which recently received approval to launch a bitcoin fund, and Mavennet Systems, a blockchain development firm launched last year. QCAD is being described as both a means of payment and a settlement solution. “It allows you to trade, to take positions against…

Tether Launches USDT Stablecoin on Algorand Blockchain

Leading stablecoin operator Tether launched its U.S. dollar-backed stablecoin USDT on the Algorand proof-of-stake (PoS) blockchain. In a press release on Feb. 10, Tether announced that USDT on Algorand will feature confirmation times as low as four seconds and transaction fees of a fraction of a percent. Tether chief technical officer Paolo Ardoino said: “Our latest collaboration with Algorand leverages the speed and security of Algorand’s protocol to give traders fast settlement and reduced counterparty risk in their fiat to digital asset transactions.” The latest platform to host USDT Per…