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Wault Finance: The World’s First Commerce-Backed Stablecoin WUSD
2.9.2021
Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.
Decentralized finance (DeFi) has shown a massive potential to transform the existing financial sector by introducing decentralization, security, and governance all within blockchain...
Pantera-backed Braintrust launches token on Ethereum mainnet
1.9.2021
Since inception, the project has raised a cumulative $31 million from investors, which include some of blockchain’s biggest venture funds
British Auction House Christie’s to Present Full Set of NFT Curio Cards on October 1
31.8.2021
The British auction house Christie’s has been immersed in the non-fungible token (NFT) art and collectibles industry for quite some time. Christie’s has auctioned blockchain-backed items like Block 21 of “Portraits of a Mind,” Cryptopunks, and Beeple’s NFT that...
The Largest Art Museum in the World Partners With Binance to Auction Leonardo Da Vinci, Claude Monet NFTs
30.8.2021
The Binance NFT Marketplace announced today that the non-fungible token (NFT) platform will launch a premium NFT collection backed by the State Hermitage Museum in Saint Petersburg, Russia. The NFT auction will begin on August 31 and run until September 7, 2021. The NFT auction will feature...
Mark Cuban-backed Alethea AI closes $16M private token sale
24.8.2021
Venture funds and other strategic investors have recognized the value proposition of NFT marketplaces. Some of blockchain’s biggest investors are behind the Alethea AI token sale
Publicly-backed XREX raises $17M to solve dollar liquidity issues through blockchain
23.8.2021
Blockchain technology is being posited as a potential solution to U.S. dollar liquidity issues in emerging markets
Walmart is seeking a crypto product lead, the Dogecoin Foundation is active again after a long break, Coinbase has amassed a $4 billion cash-backed war chest: Holder’s Digest, Aug. 15-21
21.8.2021
Utopia P2P Introduces Anonymous USD Stablecoin Backed by DAI
18.8.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Utopia, a decentralized, peer-to-peer ecosystem, the development of which was begun covertly in 2013 and released officially in November of 2019, providing access to secure and surveillance resistant...
Crypto-Friendly Bank Backed by Warren Buffett’s Berkshire Hathaway Plans $2 Billion IPO on Nasdaq
16.8.2021
Nubank, a Brazilian digital bank backed by Warren Buffett’s Berkshire Hathaway, is reportedly planning an initial public offering (IPO) on Nasdaq. Nubank is crypto-friendly and offers investments in a bitcoin exchange-traded fund (ETF). The bank said, “The cryptocurrency ETF can be...
Homeowners Offered Crypto-Backed Loans to Finance Home Improvement Projects
15.8.2021
As buying a home is by itself a serious investment, homeowners often lack the cash to fund further improvements to their property. While traditional bank loans are not as easily available, a new partnership now offers crypto holders to use their digital assets as collateral and instantly borrow...
Poly Network Defi Hacker Returns a Large Fraction of Tokens, Chainalysis Evaluates Hacker’s Onchain Movements
12.8.2021
On August 11, the blockchain intelligence firm Chainalysis published its findings on the recent Poly Network hack which saw the loss of approximately $611 million crypto tokens. The assessment from Chainalysis backed up the claims made by the security company called Slowmist that shows the hacker...
Swag Points on Security by Enriching Its Offer With the Tools Provided by Market Leader Coincover
11.8.2021
PRESS RELEASE. The Estonian based company SWAG celebrates the first 2 years of international activity by signing an important agreement with Coincover, a platform providing industry-leading technical protection and insurance-backed guarantees for cryptocurrency investors. This choice allows Swag...
Coinbase removes ‘backed by US dollars’ claim for USDC stablecoin
11.8.2021
The Coinbase website now states that USD Coin is “backed by fully reserved assets,” contrary to the now-removed claim of “backed by U.S. dollars in a bank account.”
Save the Children Senior Advisor: We Chose ADA Because Its Backed by the Cardano Foundation
10.8.2021
In July 2021, the non-governmental organization (NGO) Save the Children in Rwanda announced it partnered with the Cardano Foundation on a project that allows well-wishers to make donations in the form of cryptocurrencies. Save the Children Meets ADA At the time, it was revealed that Save...
‘A Lazy Way to Showcase NFTs’ — Mark Cuban’s Lazy.com NFT Platform Integrates With Polygon
5.8.2021
On Thursday, the non-fungible token (NFT) platform and digital art gallery backed by Mark Cuban announced the project has integrated with Polygon. The platform allows anyone to showcase NFTs by leveraging a unique lazy URL to social media profiles, and the integration announcement highlights...
Precious Metals Firm Kitco Launches Gold-Backed Tokens Built on Ethereum
5.8.2021
On August 4, the precious metals firm Kitco Gold announced the launch of a gold-backed stablecoin which will leverage an audit process via Cohen & Company with monthly attestation reports. Kitco has partnered with Tradewind Markets, First Digital Trust, and Stably, an asset tokenization...
State Street-backed Securrency partners with GK8 for custody and institutional blockchain infrastructure
4.8.2021
“Banks and other financial institutions are waking up to the fact that blockchain is more than crypto, and that any financial instruments can be tokenized,” says Lior Lamesh, CEO and co-founder of GK8
EU-backed Fund Teases ‘Digital Asset’ Investment Drive in a Surprise Move
29.7.2021
A fund that is backed by EU bodies such as the European Investment Bank (EIB) and the European Commission is set to back a project “specializing in blockchain technologies” that will “invest in traditional equity as well as software tokens and other digital assets.”
In a press release from...
Unique Bitcoin-backed home loan refinancing deal in California
29.7.2021
Glen Oaks Escrow has made its first BTC-backed refinancing of a property in San Diego
India’s Central Bank RBI Unveils Plan to Launch Digital Currency in Phases
23.7.2021
The deputy governor of the Reserve Bank of India (RBI) has revealed that the central bank is planning to launch a state-backed digital currency in phases so that it would have “little or no disruption to India’s banking or monetary systems.” RBI Plans ‘Phased...