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Coinbase Lets Customers Borrow up to $1 Million Using Bitcoin as Collateral


The Nasdaq-listed crypto exchange Coinbase is now letting customers borrow up to $1 million using bitcoin as collateral. The company charges 8% APR but there is no credit check. The exchange said that the bitcoin used as collateral “remains safely held by Coinbase,” emphasizing...

FortKnoxster Launches Its Crypto Suite With Built-in Security and Beyond


PRESS RELEASE. Cybersecurity company FortKnoxster launches its one-stop crypto app, Crypto Suite™, with a range of features aimed at the crypto-and-security lovers. Among the features, which all are protected by strong end-to-end encryption, are: Fiat to crypto and reverse Crypto to crypto...

Major Thai Bank SCB Acquires 51% Stake in Cryptocurrency Exchange


Siam Commercial Bank, one of the largest banks in Thailand, is acquiring a 51% stake in a cryptocurrency exchange. The acquisition will help the bank “create new growth value in the long term amid a new financial world,” said the CEO of the bank. Major Thai Bank Becoming Majority...

MMA Entertainment Firm UFC to Launch Exclusive NFT Series With Crypto.com


On Tuesday, the digital asset exchange Crypto.com announced the launch of the first official Ultimate Fighting Championship (UFC) non-fungible token (NFT) collectibles. The new NFT series will feature UFC digital collectibles that showcase fight night artwork, event posters, championship belts,...

OKEx Launches Portfolio Margin Mode for Better Capital Efficiency


OKEx recently announced the release of portfolio margin trade. The new mode will be available on the platform for API and high-volume professional traders.  It is the 4th account mode available under the OKEx system besides the multi-currency margin, single-currency margin, and simple modes....

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