Today in Crypto: Xapo Bank Adds ETH, ADA and MATIC, Immutable Partners with Ubisoft, Zircuit Launches Public Testnet
Last updated:
Ad Disclosure
Ad Disclosure
We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas - from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews
Ad Disclosure
We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. Read more
Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news.
__________
Banking news
- Xapo Bank announced the launch of three more cryptocurrencies that members can buy, sell, and hold on the Xapo Bank app: ethereum (ETH), cardano (ADA), and polygon (MATIC). It said it is the first retail bank to offer these digital assets to members from “the security of a regulated banking environment.” Members will pay a 1% fee on ETH, ADA, and MATIC, with no hidden fees, the bank added. The Xapo Bank app allows members across the globe to manage access to US Dollars, GBP, Euros, US stocks, USDC, USDT, and several cryptocurrencies.
Gaming news
- Web3 gaming platform Immutable announced a new partnership with video game creator and publisher Ubisoft. According to the press release, with this partnership, “Immutable continues in its ambition to bring digital ownership to players, while Ubisoft pursues its exploration of decentralization through its Strategic Innovation Lab.” Ubisoft will leverage its experience developing games with Immutable’s ecosystem, technology, and expertise in building the Web3 gaming platform, the announcement said.
Blockchain news
- Zero-knowledge rollup Zircuit announced the launch of its public testnet, inviting developers and projects from across the Web3 ecosystem to participate. It provides a place for developers to battle-test their decentralized applications (dapps) before launching on the Ethereum mainnet, it said. Per the announcement, projects will receive assistance and incentives, such as onboarding, readiness support, and developer workshops. Zircuit is fully Ethereum Virtual Machine (EVM)-compatible, supports existing Ethereum dapps and wallets, and allows any dapp on Ethereum to deploy on Zircuit with minimal changes, it said. To celebrate the launch, the team will host a multi-day event during Devconnect, starting November 13.
- Layer 1 blockchain Concordium announced the upcoming launch of EUROe, a fully regulated MiCAR-compatible, Euro-backed stablecoin developed by Finnish financial technology company Membrane Finance, natively on Concordium. According to the press release, EUROe maintains a locked 1:1 backing with EUR, ensuring users can confidently deposit EUR and redeem EUROe with the assurance of a seamless conversion process. To enable the integration with Concordium, Membrane Finance will first release a smart contract that controls the issuance, minting, and redeeming of the EUROe stablecoin as a CIS-2 token on the Concordium blockchain.
Investment news
- Ethereum scaling startup Stackr Labs announced its Seed round, raising a total of $5.5 million. The round was led by Archetype, with participation from Lemniscap, a16z CCS, Superscrypt, a_capital, Spartan, Scalar Capital, t0 Capital, and angel investors, including Anurag Arjun, Sreeram Kanan, Mustafa Al-Bassam, Arjun Bhuptani, Rahul Sethuram, Layne Haber, Lito Coen, Andrew Keys, and Devfolio. The raised funds will be used to support team expansion, prepare for the upcoming v1 launch of the platform, and expand Stackr’s developer ecosystem. The goal is to attract independent developers and enterprise teams working on both Web2 and Web3 applications, the startup said.
Payments news
- Crypto payments platform Wirex announced a partnership with tokenomics simulation company Cenit Finance to refine and scale the tokenomics of its native utility token, WXT. According to the press release, Wirex will use Cenit Finance’s simulation platform to test and enhance WXT tokenomics. “The ultimate aim is to develop a community engagement model that is inclusive and interactive,” the company said.
- How Tether Co-Founder William Quigley Views Crypto Regulations in Trump’s Second Term
- Trump Appoints PayPal Veteran David Sacks as ‘White House AI and Crypto Czar’
- From $10K to $75K: How Dave Portnoy Pumped and Dumped Meme Coins on His Followers
- Gold-Backed Altcoins Boom as Major Banks Raise Price Predictions: Which Coins to Get
- Kanye West Says He Rejected $2 Million Offer to Promote Alleged Crypto Scam
Recommended Articles

Crypto Prices Dip as Trump’s Metal Trade Tariffs Weigh on Markets
2025-02-10 05:04:19

CZ Hasn’t Bought Meme Coins or NFTs, Says Doesn’t Know How TST Got Listed on Binance
2025-02-10 04:58:10

South Korean Lawyer Indicted in $7.9M Crypto Scam Probe
2025-02-10 03:00:00

Japan’s SBI Posts Record Crypto Profits, Aims for Nation’s First USDC Listing
2025-02-09 23:30:00

Gold-Backed Altcoins Boom as Major Banks Raise Price Predictions: Which Coins to Get
2025-02-09 12:55:24

Tether CEO Warns Quantum Computing Could Unlock Inactive Bitcoin Wallets
2025-02-09 12:20:49

Crypto VC Suggests Market Nearing Local Bottom as Bearish Sentiment Peaks
2025-02-09 12:23:07
More Articles
Authors List
+ 66 More
2M+
Active Monthly Users Around the World
250+
Guides and Reviews Articles
8
Years on the Market
70
International Team Authors