Russia’s Expobank Bank Issues Country’s First Crypto-Collateral Loan


The Russian bank Expobank says it has issued the nation’s first-ever crypto-backed loan – despite the fact that the country has recently introduced a new law that prohibits the use of tokens as a form of payment. Per a report from media outlet Kommersant, the loan was secured by using tokens issued...

PlanB, Glassnode Bullish on Bitcoin as Price Enters ‘Belief’ Zone


While the pseudonymous analyst behind the bitcoin (BTC) stock-to-flow (S2F) model and an on-chain analysis firm are both expressing their bullishness on bitcoin, market sentiment is steadily improving for the number one cryptocurrency. PlanB, the analyst behind the popular and sometimes...

Japanese Court Orders Conditional Confiscation of Coinckeck Hack Funds


A court in Tokyo, Japan, has ordered the conditional seizure of some USD 46,000 worth of bitcoin (BTC) and NEM’s XEM token that has been traced back to the Coincheck hack of 2018 – the first-ever court-ordered crypto seizure in the nation's legal history. Per Kyodo, a branch of the Tokyo District...

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