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Aave & ApeCoin holders showing more interest in the Collateral Network presale
31.3.2023
Great presales are the way to go for long-term returns at a low price, as most seasoned investors are aware. And the top presale to keep an eye on is Collateral Network (COLT), given its strong foundation and 35x return potential. Let’s find out how the first crypto-challenger lender in...
Dogecoin, Zcash, & Collateral Network: The top 3 tokens for huge gains in 2023
30.3.2023
The rapidly-evolving world of cryptocurrency offers many investment opportunities with the potential for significant profits. If you’re looking for promising digital assets to invest in 2023, Dogecoin (DOGE), Zcash (ZEC), and Collateral Network (COLT) are three noteworthy investment options...
VeChain partners with Boston Consulting Group, Collateral Network presale gets going, while Ethereum update sets date
29.3.2023
This week, VeChain (VET) announced a major partnership with Boston Consulting Group, Collateral Network (COLT) announced the launch of its presale, and Ethereum (ETH) continued to roll out its Shapella update. Collateral Network, the world’s first web3 peer-to-peer lender, is looking like...
MakerDAO votes to keep USDC as primary collateral, rejects 'diversification' plan
24.3.2023
The passed measure ends the 1% USDC to DAI minting fee that was previously implemented
EOS and ChainGuardian show strong potential, along with Collateral Network with 3500% presale growth projection
24.3.2023
Crypto markets have shown mixed signs in recent months as traders struggle to determine their direction. However, several tokens, including EOS, ChainGuardian (CGG), and Collateral Network (COLT), show promising potential. Collateral Network is also in its presale phase and could surge 3500% before...
Experts get bullish on Aave, Quant, and Collateral Network
23.3.2023
Cryptocurrency analysts are confident of a bullish trend on some of the best-performing tokens, such as Aave, Quant (QNT), and Collateral Network (COLT), which is anticipated to see a price surge of 35x. Let’s take a look at the three coins to see why there’s so much optimism about...
Circle CEO 'able to access' $3.3B of USDC's reserves at Silicon Valley Bank
15.3.2023
Circle’s earlier disclosure that $3.3 billion worth of USDC reserves were held with Silicon Valley Bank resulted in it losing market share to its competitor USDT
Makerdao Issues Emergency Proposal to Address $3.1B in USDC Collateral After Stablecoin Depegging Incident
11.3.2023
On March 11, 2023, the decentralized finance project Makerdao issued an emergency proposal following the USDC depegging incident that saw the stablecoin dip down to $0.877 per unit. At the time of writing, Makerdao commands $3.1 billion in USDC collateral that backs a portion of...
Why CryptoMories (CRYPTOMORIES) and Acrocalypse (ACROC) holders are buying more Collateral Network (COLT)?
3.3.2023
A common experience among crypto and NFT holders is diversifying their portfolios, especially when they see more promising projects. Collateral Network (COLT) has seen an influx of new investors recently, resulting from a token price of just $0.01, especially from Acrocalypse (ACROC)...
Why is Collateral Network (COLT) better than Shiba Inu (SHIB) and World Cup Inu (WCI) for investing in 2023?
2.3.2023
The fact that there is no underlying value behind meme tokens like Shiba Inu (SHIB) and World Cup Inu (WCI) has proven to be their biggest undoing in 2022. These tokens have not only lost big on price but are also struggling to attract investors, who are quickly moving to assets that have some...
Binance Moved $1.8B in Stablecoin Collateral to Hedge Funds Last Year: Forbes
27.2.2023
This meant that over $1 billion worth of tokens called B-peg USDC – digital replicas of dollar-pegged stablecoin USDC – were uncollateralized despite Binance's claim that they were 100% backed
BNB Chain’s Second-Largest DeFi Protocol Venus to Accept Floki Tokens as Lending Collateral
24.2.2023
Lending protocol Venus has a total locked value of $800 billion as of Friday. The move is expected to benefit FLOKI holders, developers say, as they continue to build and seek out strategic partnerships that ultimately benefit the token’s value
Frax Finance to retire algorithmic backing amid stablecoin crackdown
23.2.2023
The vote was passed to fully collateralize Frax Finance's native stablecoin, thus phasing out its algorithmic backing
Analyst Warns of Banks’ Authority to Confiscate Funds, Decline of US Dollar Purchasing Power
9.2.2023
According to Lynette Zang, chief market analyst at ITM Trading, U.S. banks have the legal authority to confiscate people’s funds due to legislation passed by Congress. In a recent interview, Zang discussed how the purchasing power of the U.S. dollar has dwindled to “roughly three...
Crypto-friendly bank ends loans backed by crypto mining rigs
1.2.2023
After a bullish 2021 crypto miners sought out loans to allow them to expand, a move which has since backfired following difficult market conditions in 2022
Binance Crypto Exchange Admits to Mixing Customer Funds with Collateral for Binance-Issued Tokens
25.1.2023
Major crypto exchange Binance kept collateral for some of the cryptoassets it issues in the same wallet as the customer funds by mistake, Bloomberg reported, citing a Binance spokesperson.
On Monday, Binance released a proof-of-collateral report for B-Tokens, which are the 94 Binance-minted...
Today in Crypto: Genesis Creditors Sue DCG and Barry Silbert, Binance Kept Some Collateral in Same Wallet as Customer Funds, Binance Processed $346M for Bitzlato
24.1.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Genesis Creditors Sue DCG and Barry Silbert, Binance Kept Some Collateral in Same Wallet as Customer...
Binance holds token collateral and user funds on same wallet by ‘mistake’
24.1.2023
Binance previously said the firm’s corporate holdings are recorded in separate accounts and should not form part of the proof-of-reserves calculations
Binance Mistakenly Mixed Crypto Exchange's Client Funds With B-Token Collateral: Bloomberg
24.1.2023
The world's largest crypto exchange by volume said it is in the process of transferring the collateral out of the shared wallet
OKX Publishes 3rd Proof of Reserves Report, Shows it Holds None of its Native Token as Collateral
20.1.2023
Crypto-exchange OKX has released its third monthly proof-of-reserves (PoR) report, confirming that all its reserves are held in bitcoin, ethereum and USDT. This also means that none are held in its native token OKB, with OKX claiming that it has the largest ‘clean’ asset reserves of any major...