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Nalezeno "Backed": 1265

Binance-Backed Platform NFPrompt Hacked, User Funds Lost


NFPrompt, a content generation platform incubated by Binance Labs, disclosed a crypto security breach resulting in the loss of user and platform funds. The post Binance-Backed Platform NFPrompt Hacked, User Funds Lost appeared first on Cryptonews

Cordial Systems Launches Cordial Treasury Naming Jump Crypto as a Client


Cordial Systems, a venture-backed blockchain infrastructure company, has launched Cordial Treasury with several clients including Jump Crypto, the digital-asset unit of Jump Trading. The post Cordial Systems Launches Cordial Treasury Naming Jump Crypto as a Client appeared first on Cryptonews

Israeli Crypto Firm Launches Pilot for First Shekel-Backed Stablecoin


Israel has taken a significant step in the cryptocurrency domain by green-lighting a pilot for BILS, the first stablecoin pegged to the New Israeli Shekel. Bits of Gold and Israeli Authority Launch BILS Stablecoin in Regulatory Sandbox The initiative, spearheaded by the crypto broker Bits of Gold...

$85 Million Crypto Super PAC Sets Sights on Transforming Senate Makeup


A well-funded political action committee (PAC) backed by prominent figures in the cryptocurrency industry has set its sights on key Senate races, with the goal of potentially shifting the balance of power in Congress.  The post $85 Million Crypto Super PAC Sets Sights on Transforming Senate Makeup...

Crypto Lender Ledn Now Offers ETH-Backed Loans to Meet Growing Demand


Canada-based Ledn announced Wednesday that it now offers loans backed by Ether, in response to significant client demand for the service. They begin with an annual interest rate starting at 10.4%.   The post Crypto Lender Ledn Now Offers ETH-Backed Loans to Meet Growing Demand appeared first...

ETC Group Launches Ethereum-Tracking ETP on Deutsche Börse Xetra


ETC Group, a prominent provider of digital asset-backed securities, has expanded its cryptocurrency product range by introducing an Ethereum (ETH) staking exchange-traded product (ETP).  The post ETC Group Launches Ethereum-Tracking ETP on Deutsche Börse Xetra appeared first on Cryptonews

Republican Senators Propose Legislation to Prohibit CBDC: The Hill


U.S. GOP legislators have proposed a bill to ban Federal Reserve-backed central bank digital currencies, citing concerns over privacy and government access to citizens’ spending data. The post Republican Senators Propose Legislation to Prohibit CBDC: The Hill appeared first on Cryptonews

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