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Badgerdao Introduces a New Ether-Backed Synthetic Bitcoin Token


Badgerdao, in partnership with Lido, has unveiled eBTC, an ether-backed synthetic bitcoin token aimed at enhancing the decentralization and capital efficiency of borrowing bitcoin in the decentralized finance (defi) space. Badgerdao and Lido Forge Partnership to Launch eBTC Badgerdao,...

London Stock Exchange to Roll Out Crypto ETNs on May 28


London Stock Exchange signalled that it would start accepting applications for physically-backed crypto ETNs from April 8. The post London Stock Exchange to Roll Out Crypto ETNs on May 28 appeared first on Cryptonews

DOJ Charges Texas Man for Orchestrating $10 Million Meta-1 Coin Scam


Texas resident Robert Dunlap has been arrested on federal mail fraud charges in connection with the “Meta-1 Coin” scam that saw investors drained of over $10 million, the Department of Justice reveals. The alleged fraudster had claimed the token was backed by $44 billion in gold and priceless...

Lingo Introduces a Reward Token Backed by Real-World Assets


With Bitcoin pushing through all-time highs, the demand for cryptocurrencies has steadily increased. However, most crypto projects historically have failed to reward their communities in the long run. That’s because they were either built on ponzinomics, lack of real value generation, or real-world...

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...

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