Microsoft introduces Ethereum (ETH) Wallet in Edge, Nasdaq to offer Bitcoin (BTC) custody services by mid-2023, RenQ Finance (RENQ) is already in talks with the largest CEX in Asia for the launch
In recent news, Microsoft has announced that it will integrate an Ethereum wallet into the Edge browser. This is a significant move as it allows users to store and manage their Ethereum tokens without having to install a separate wallet application.
In addition, Nasdaq has announced plans to offer Bitcoin custody services by mid-2023, further legitimizing the cryptocurrency market. Finally, RenQ Finance (RENQ) has been reported to be in talks with the largest centralized exchange (CEX) in Asia for the launch.
Microsoft’s Ethereum wallet in Edge
Microsoft has added an Ethereum-based cryptocurrency wallet to the beta version of its Edge browser, which works similarly to Metamask, allowing users to store and trade Ethereum and Ethereum-based tokens.
The “Crypto Wallet” feature was discovered by the software Albacore and allows users to transact in a non-custodial manner. The integration of an Ethereum wallet into Edge is a significant milestone for cryptocurrency adoption, as it allows users to manage tokens without the need for a separate wallet application.
This development will remove a barrier to entry for new cryptocurrency users who may find separate wallet applications intimidating. It is further proof of the mainstream acceptance of cryptocurrencies.
Microsoft’s latest move comes at a crucial time when Web3 initiatives and cryptocurrencies are gaining popularity in the mainstream software market.
Nasdaq’s Bitcoin Custody Services
Nasdaq Inc., a prominent financial institution and the operator of the Nasdaq stock exchange, has announced plans to launch crypto custody services by the end of Q2 2023. According to Bloomberg, Ira Auerbach, Senior Vice President and Head of Digital Assets at Nasdaq, revealed the news during an interview at the Blockchain Week Summit in Paris.
This move by Nasdaq is a significant development in the cryptocurrency market, as it will provide institutional investors with a secure platform to invest in Bitcoin. The service will allow investors to store and secure their holdings without having to worry about the technical complexity of managing their assets. This development further underscores the growing acceptance of Bitcoin as a legitimate asset class, which is expected to increase demand and contribute to long-term price growth.
RenQ Finance in talks with largest CEX in Asia
RenQ Finance’s reported talks with the largest CEX in Asia for the launch is another positive development for the cryptocurrency.
This will give a significant boost to the project’s credibility and increase exposure to potential investors.
In addition, it will provide users with a more accessible way to purchase and trade RENQ tokens, potentially increasing demand and contributing to long-term price growth.
What is RenQ Finance?
RenQ Finance is a decentralized finance (DeFi) platform that combines artificial intelligence (AI) and blockchain technology to provide advanced trading tools and services. It is designed to provide liquidity to DeFi users by allowing them to trade, lend, borrow and bet various cryptocurrencies in a secure and decentralized manner.
The platform’s unique AI technology helps users make informed trading decisions and improve their overall profitability. RenQ Finance also allows developers to build and launch their DeFi projects on the platform through the incubation program. Its native token, RENQ, is used to incentivize users to participate in the platform’s governance and reward them for contributing to its growth and development.
Conclusion
The latest advancements in the cryptocurrency market are a promising indication of its growing mainstream adoption and acceptance. Microsoft’s integration of an Ethereum wallet into the Edge browser, Nasdaq’s plans to offer Bitcoin custody services, and RenQ Finance’s reported discussions with the largest CEX in Asia all demonstrate the market’s continued growth and potential for the future.
As the market continues to evolve, it will be fascinating to observe how these developments affect the trajectory and expansion of individual cryptocurrencies such as RENQ.
Click here to buy RenQ Finance (RENQ) tokens.
Visit the links below for more information on RenQ Finance (RENQ):
Website: https://renq.io
White paper: https://renq.io/whitepaper.pdf
