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DOJ Charges Texas Man for Orchestrating $10 Million Meta-1 Coin Scam
21.3.2024
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
19.3.2024
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...
Brevan Howard-Backed Tokenization Firm Libre Goes Live
19.3.2024
Libre has added a tokenized version of a BlackRock money-market fund so investors can earn yield while parking their capital
Binance CEO Richard Teng Predicts Bitcoin Breaking $80,000 Fueled by ETF Inflows
18.3.2024
Binance CEO Richard Teng forecasts that Bitcoin will surpass $80,000 before the year ends. He attributed this likely increase to the growing interest from institutional investors in crypto-backed exchange-traded funds (ETFs).
The post Binance CEO Richard Teng Predicts Bitcoin Breaking $80,000...
Binance-Backed Platform NFPrompt Hacked, User Funds Lost
15.3.2024
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
15.3.2024
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
Zodia Markets Partners With Fireblocks to Make Cross-Border Payments More Efficient
14.3.2024
Standard Chartered-backed crypto exchange and brokerage Zodia Markets and crypto custody technology provider Fireblocks have partnered to improve cross-border payments.
The post Zodia Markets Partners With Fireblocks to Make Cross-Border Payments More Efficient appeared first on Cryptonews
Steve Cohen’s Point72 Ventures Leads $10M Funding Round in Crypto Exchange D2X
14.3.2024
Point72 Ventures, an early-stage venture fund backed by Steve Cohen, is leading a $10 million Series A funding round in D2X, a Netherlands-based crypto derivatives exchange.
The post Steve Cohen’s Point72 Ventures Leads $10M Funding Round in Crypto Exchange D2X appeared first on Cryptonews
Israeli Crypto Firm Launches Pilot for First Shekel-Backed Stablecoin
14.3.2024
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...
Analyst Predicts Bitcoin Will Hit $150,000 by 2025 as Green Bitcoin is Backed to Explode
13.3.2024
Bullish predictions are sweeping the crypto market as analysts anticipate another massive upswing for Bitcoin (BTC) soon. Wall Street giant AllianceBernstein recently projected that BTC could skyrocket to $150,000 per coin by 2025. Meanwhile, the eco-friendly Green Bitcoin (GBTC) presale project...
UK’s FCA Opens the Door for Institutional Investors to Build Crypto-Backed ETN Market
11.3.2024
Products would be available to professional investors while retail consumers remain banned, the regulator said
$85 Million Crypto Super PAC Sets Sights on Transforming Senate Makeup
9.3.2024
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...
Alfa-bank: Russian Financial Behemoth Launches Digital Asset Offerings
4.3.2024
Alfa-bank, one of Russia’s biggest financial institutions, has created a “digital financial asset” (DFA) backed by gold, stocks, and cash.
The post Alfa-bank: Russian Financial Behemoth Launches Digital Asset Offerings appeared first on Cryptonews
Crypto Lender Ledn Now Offers ETH-Backed Loans to Meet Growing Demand
28.2.2024
Canada-based Ledn announced Wednesday that it now offers loans backed by Ether, in response to significant client demand for the service. They begin with an annual interest rate starting at 10.4%.
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Finance Protocol Usual Introduces Stablecoin Backed by Real-World Assets
28.2.2024
Profits are redistributed to the community by rewarding token holders with yields
Crypto Investment Firm Deus X Capital to Acquire HAYVN for Undisclosed Amount
28.2.2024
Family office-backed cryptocurrency investment firm, Deus X Capital, has agreed to acquire institutional digital assets firm HAYVN for an undisclosed amount.
The post Crypto Investment Firm Deus X Capital to Acquire HAYVN for Undisclosed Amount appeared first on Cryptonews
Humanity Protocol Secures Funding From Top Crypto VCs for Web3 ID Solution
28.2.2024
Polygon-backed Humanity Protocol has secured strategic investments from over 20 crypto venture capital firms for its privacy-centric Web3 identity solution.
The post Humanity Protocol Secures Funding From Top Crypto VCs for Web3 ID Solution appeared first on Cryptonews
ETC Group Launches Ethereum-Tracking ETP on Deutsche Börse Xetra
27.2.2024
ETC Group, a prominent provider of digital asset-backed securities, has expanded its cryptocurrency product range by introducing an Ethereum (ETH) staking exchange-traded product (ETP).
The post ETC Group Launches Ethereum-Tracking ETP on Deutsche Börse Xetra appeared first on Cryptonews
Republican Senators Propose Legislation to Prohibit CBDC: The Hill
27.2.2024
U.S. GOP legislators have proposed a bill to ban Federal Reserve-backed central bank digital currencies, citing concerns over privacy and government access to citizens’ spending data.
The post Republican Senators Propose Legislation to Prohibit CBDC: The Hill appeared first on Cryptonews
Collapsed Real Estate-Backed Stablecoin Charts Path to Recovery
21.2.2024
Tangible is looking to move past its failed stablecoin after learning the liquidity lesson the hard way