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Global Investment Bank Goldman Sachs Offers Its First Bitcoin-Backed Loan
30.4.2022
Global investment bank Goldman Sachs has reportedly offered its first-ever loan backed by cryptocurrency. The cash loan was collateralized by bitcoin owned by the borrower. A spokesperson for Goldman Sachs explained that the deal is interesting to the investment bank due to its structure...
India’s Decision on Crypto Regulation Will Not Be Rushed, Says Finance Minister
29.4.2022
Indian Finance Minister Nirmala Sitharaman says that the country’s crypto policy will not be rushed. “Our intention is in no way to hurt the ecosystem, or to even say that we don’t need it,” she added. Finance Minister on Indian Crypto Regulation India’s finance...
Facebook’s Latest Financial Results Show It Has Lost Nearly $20 Billion To VR Since 2020
28.4.2022
A metaverse filled with digital worlds and avatars might be coming someday, but it won’t be cheap. Facebook parent company Meta has released its financial results for the first quarter of 2022 and it shows that this year alone, the company’s virtual reality-focused department has lost $2.96 billion...
Activision Shareholders Approve Xbox Deal, But Wall Street Has Doubts
28.4.2022
Shareholders at Call of Duty and Overwatch 2 publisher Activision Blizzard voted overwhelmingly on Thursday to approve a $69 billion sale to tech giant Microsoft. The deal gives golden parachutes to top execs at Activision, including embattled CEO Bobby Kotick. But despite gaming’s biggest...
Blackrock Launches Blockchain ETF Offering Investors Exposure to Crypto Sector
28.4.2022
The world’s largest asset manager, Blackrock, has launched a blockchain exchange-traded fund (ETF). The fund, trading on the NYSE Arca, gives investors exposure to “companies that are involved in the development, innovation, and utilization of blockchain and crypto...
UK Regulator Seeks International Crypto Regulation Coordination, Not Over-regulation - Official
28.4.2022
International regulators should cooperate to develop a regulatory framework for cryptoassets – but not over-regulate the industry and kill innovation, according to a senior representative of the UK regulatory body Financial Conduct Authority (FCA).
David Raw, Co-Director of Consumer and Retail...
Pandora Finance Enters into a Partnership with Ftribe Fighters
28.4.2022
Pandora Finance has entered into a partnership with Ftribe Fighters. The partnership aims to strengthen the NFT ecosystem of Pandora Finance further. Through this partnership, Pandora Finance will index all the NFTs of Ftribe Fighters on a single dashboard of Unity Market. Users of both platforms...
Russian Law Enforcement Submits Proposals to Regulate Seizure of Crypto Assets, Data Sharing
28.4.2022
Russian Ministry of Finance has accepted a number of crypto regulatory proposals submitted by the country’s law enforcement departments. They cover a range of related areas, including the seizure of digital assets and the reporting of information on cryptocurrency transactions. Finance...
Report: $1.3 Billion in Crypto Stolen in Q1 2022, 97% Stemmed From Defi Exploits
28.4.2022
According to a research report, $1.3 billion in digital currencies have been stolen during the first quarter of 2022. The study, published by cryptomonday.de researchers, further highlights that 97% of the stolen funds derived from decentralized finance (defi) protocol exploits. Defi Exploits...
How Deus Finance Was Exploited for $13.4M on Fantom
28.4.2022
The attack, which used a flash loan, follows a March exploit that netted $3 million
Streamers Aren't Liking Twitch's Potential Moneymaking Idea
28.4.2022
Twitch is reportedly considering major changes to the monetization practices that streamers are upset about because the potentially lopsided percentages work out to pad Twitch’s bottom line.Read more
Founders Fund, Pantera Invest in DeFi Investment Bank Ondo Finance
27.4.2022
Ondo, founded by former Goldman Sachs traders, will use the $20 million round to expand its structured products offerings
Starlay Finance, the Leading Polkadot Lending Protocol, announces April 28 for Its IDO Event
27.4.2022
Starlay Finance is a fast-rising lending protocol on Astar Network powering a novel model for quick and easy borrowing and depositing assets. Currently, the project has a valuation of over $400TVL in about two months, earning it the No.1 lending protocol spot on Polkadot. The platform’s CEO,...
Are You A Big Fan of Blockchain Interoperability? Don’t Miss Polkadot, Cosmos, Quitriam Finance
27.4.2022
Blockchain as we know it is an amazing technology with a lot of bright future waiting for it. But is there any good being done if it’s not able to reach out to other external networks? Right now, this is the problem in the crypto space, and a lot of projects are working autonomously from...
Will You Miss Out on Cronos (CRO), Logarithmic Finance (LOG) and Stellar (XLM)?
26.4.2022
Is Logarithmic Finance the new moneymaker? With the crypto market loaded with so many options and airdrops here and there, it’s pretty easy to get lost in the market. To determine who the major game-changers are, it’s very important to look at both new and old tokens. Tokens that...
Crypto lender Maple Finance expands support to Solana
26.4.2022
After expanding beyond Ethereum to Solana, Maple Finance expects its Solana app to control $300 million worth of liquidity by the end of 2022
Decentralized Finance Crypto Exchange Uniswap Starts Blocking Addresses Linked To ‘Blocked Activities’
26.4.2022
Uniswap, one of the main decentralized finance exchanges in the cryptocurrency world, is now taking measures to ensure illegal funds cannot be transacted using its platform. The company has already started blocking addresses linked to “blocked activities” and will apply a filter with...
While Global Markets Get Spooked by Covid and a Hawkish Fed, Stocks and Crypto Rebound After Musk Buys Twitter
25.4.2022
Wall Street suffered Monday morning as the major U.S. stock indexes dropped further, building on losses gathered last week. Reports indicate that investors are concerned about the upcoming Federal Reserve rate hikes and China’s recent Covid-19 outbreak. As equities floundered on Monday,...
Uncollateralized Lending Platform Truefi Reveals $100 Million Single-Borrower Pool Designed for Blockchain.com
25.4.2022
The crypto firm Blockchain.com has revealed it has secured up to $100 million in liquidity from Truefi’s single-borrower pool. The pool will be initially capped at $100 million over the first year and Blockchain.com aims to use the funds to bolster its own “liquidity pools, leverage...
Looking for 10x Returns? Add Binance Coin, ApeCoin, and Logarithmic Finance
25.4.2022
Are you looking for the next 10X opportunity in cryptocurrencies? Binance Coin (BNB), Apecoin (APE), and Logarithmic Finance (LOG) could yield an easy 10X return for your crypto portfolio as all three coins are exhibiting signs of bullish behavior and could rally in the near future. Logarithmic...