BitGo Launches Full-Service Institutional Trading Platform, BitGo Prime

BitGo, a United States-based firm that handles about 20% of all Bitcoin (BTC) transactions, is introducing BitGo Prime, a new entity specifically for institutional trading services. On May 27, BitGo said that the new prime broker platform will incorporate multiple services targeting institutional investors. After launching an institutional-level crypto lending service in March 2020, the new full-service platform integrates institutional crypto lending, trading and custody services. BitGo focuses on institutional investors Apart from the recent launch of institutional crypto lending services, BitGo has been actively working with institutional traders. Nick…

Ren Launches Tokenization Engine to Bolster Cross-Chain Liquidity

Ren, a decentralized finance (DeFi) protocol with backing from Polychain Capital and FBG Capital, launched its core product ‘RenVM’ on May 27. The RenVM allows users to create tokenized Bitcoin (BTC), Bitcoin Cash (BCH), and Zcash (ZEC) in the form of ERC-20s for use on the Ethereum ecosystem.  “Successfully launching RenVM’s mainnet is a critical step in our long-term mission of creating a decentralized platform for DeFi that is self-sustaining and advances the industry as a whole,” said Taiyang Zhang, co-founder, and CEO of Ren.  “Generic interoperability has been a…

As Theta Mainnet 2.0 Launches, What’s Behind its Massive Rally?

Crypto-powered Esports streaming app Theta continues to rally ahead of its mainnet 2.0 launch, gaining 150% in the past two weeks. All told, the Theta Token, is up nearly 1,300% since the ‘Black Thursday’ crash of mid-March. In addition to its forthcoming technical upgrades, Theta’s rally appears to have also been fuelled by a series of partnerships with major media platforms, including Android TV and Samsung. Theta is a crypto-powered 24/7 streaming service showcasing live Esports, World Poker Tour tournaments, and major blockchain and cryptocurrency conferences including Consensus and the…

EMusic Launches Token to Help Artists Earn More

Pioneering digital music store eMusic has launched its eMU token to help musicians earn more royalties. According to an announcement published by eMusic on May 26, the firm launched its token with the aim of creating a sustainable music ecosystem. The eMU crypto asset is a payment method designed to allow artists on the platform to keep more of the royalties they earn. The firm’s president Tamir Koch said streaming had not worked out well for artists: “Streaming has dramatically increased revenues and adoption, but the model has proven itself…

Australian University Launches Blockchain Postgraduate Program With IBM

RMIT University, an Australian public research university, is adding two new postgraduate programs in the field of cybersecurity and blockchain technology. The university announced May 26 that it was partnering with IBM, Palo Alto Networks, and Stone & Chalk to offer a graduate certificate in cyber security and graduate certificate in blockchain-enabled business. The programs are expected to start in October 2020 and will last for nine months. Meeting demand for blockchain jobs RMIT introduced the new programs in order to meet the rising demand for industry professionals in cybersecurity…

Global Central Banking Think Tank Launches Digital Monetary Institute

The Official Monetary and Financial Institutions Forum (OMFIF), an independent global think tank for central banking and economic policy, announced the launch of its Digital Monetary Institute earlier this month. The Institute intends to build bridges between the worlds of digital currencies and traditional banking, and has a focus on payment instruments in wholesale and retail markets, and central bank digital currencies (CBDC). Central banks’ interest in digital currency is growing The OMFIF itself has already been publishing in-depth reports on digital currency and CBDCs since 2018. Regarding the key…

Aeternity Launches Crypto Tipping Platform for Social Creators

Blockchain firm Aeternity launched its social monetization tool “Superhero” on May 20, describing the platform as “the first decentralized peer-to-peer instant payment tool for digital goods or social content.”  The extension is supported by the crypto-friendly internet browsers Brave and Opera, in addition to Firefox and Chrome. The decentralized app — or DApp — is also available on mobile for iOS and Android. Superhero solely supports tipping in the form of Aeternity’s native coin, AE. Superhero features a widget for integration onto blogs and websites.  Aeternity launches social monetization dapp…

Uniswap V2 Launches With Increased Security, But It Is Still Expensive

The second iteration of the Ethereum decentralized exchange Uniswap V2 exchange was launched on May 18, which follows a March 23 announcement that placed its launch in Q2 2020. A blog post written by the Uniswap team details the steps taken to transition to the new platform. Uniswap V1 will continue to exist as it cannot be shutdown like, for example, the old version of MakerDAO. Nevertheless, the team has set up an interface to migrate liquidity from V1 to V2. The platform relies on users committing capital in liquidity…

Celo Foundation Launches Mainnet After Raising $40 Million

After raising $40 million to fund its blockchain platform, The Celo Foundation announced the launch of Mainnet, the next step of allowing transfers of its Celo Gold tokens. In a Medium blog posted on May 19, Celo said transfers of Celo Gold (cGLD), an ERC-20 token, are now enabled via on-chain governance, meaning exchanges are free to integrate with the platform. The company thanked the “commitment, passion, expertise, and engagement of over 100 independent validators around the world” for making the network possible.  Celo raised $30 million in 2019 Cointelegraph…

Free TON Launches First Contests to Distribute Tokens Among Contributors

Free TON, a decentralized blockchain network derived from Telegram’s TON blockchain, is launching the first community contests to power its network. Starting May 18, users, developers and validators are invited to participate in three separate contests, with Free TON planning to distribute thousands of TON Crystals, or TONs, as rewards. On May 18, Free TON Community officially introduced proposals for the first community contests on Free TON forum. Each contest aims to distribute at least 50,000 TONs among winners, participants and juries. The three contests are expected to close on…