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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%.
The post Crypto Lender Ledn Now Offers ETH-Backed Loans to Meet Growing Demand appeared first...
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
Coinbase-Backed Crypto PAC Launches Advertising Campaign Against California’s Senate Candidate Katie Porter
13.2.2024
A new super PAC backed by major cryptocurrency players, including Coinbase, has launched a multimillion-dollar advertising campaign aimed at crushing Representative Katie Porter, a Democrat running in the California Senate primary. The super PAC, Fairshake, along with its affiliated groups Protect...
Australian Federal Court Rules Against Block Earner for Unlicensed Financial Services Conduct
9.2.2024
An Australian federal court has determined that fintech company Block Earner engaged in unlicensed financial services conduct by offering its crypto-backed Earner product. The Federal Court finds fintech company Block Earner engaged in unlicensed financial services conduct when offering...
Cryptodollar Minting Protocol M^0 Will Allow Institutions to Issue Stablecoins Backed by U.S. Treasuries
8.2.2024
ICE-Backed Bakkt Alerts of Possible Closure, Cites Cash Crisis
8.2.2024
Bakkt, the cryptocurrency platform backed by the Intercontinental Exchange (ICE), has issued a warning about its financial health. In a recent document filed with the U.S. Securities and Exchange Commission (SEC), Bakkt outlined its financial challenges, stating concerns over its ability to operate...
Canada Market Favors Crypto and Blockchain Investments Over Others in 2023
7.2.2024
Although investments in Canadian fintechs slowed down in 2023, crypto and blockchain-related investments dominated the scene. KPMG’s global Pulse of Fintech report published Tuesday found that VC-backed investments comprised over three-quarters of all deals, totaling 83 transactions valued...
Jack Dorsey’s Decentralized Social Media Bluesky Removes Invite-Only Restrictions
7.2.2024
Jack Dorsey-backed decentralized social media project Bluesky on Tuesday removed invite-only limitations and granted access to all users. Since its launch in Feb. 2023, the platform used invite codes while experimenting with features such as moderation tools and personalized feeds. Bluesky...
Steve Wozniak Labels Bitcoin ‘Safe, Stable, and Conservative’ Amid Growing Legacy Adoption
6.2.2024
In line with the rising trend of the legacy tech and finance industries’ adoption of the top cryptocurrency, Apple co-founder Steve Wozniak labeled Bitcoin as a safe bet in a February 6 podcast. Speaking in the Wildride podcast posted on X (formerly Twitter), the Apple co-founder echoed...
German Regulator BaFin Approves Crypto Carbon Credits Exchange Developed by Neutral and DLT Finance
6.2.2024
In collaboration with DLT Finance, Neutral, a German brokerage firm, has unveiled a blockchain-backed exchange for carbon credits. These financial instruments represent forests and renewable energy products, enabling businesses to offset their carbon footprint. While other initiatives have ventured...
Inflows of US Digital Asset ETFs Hits Total of $7.7B in Four Weeks
5.2.2024
Digital asset management funds are still on a record rise. So far, the crypto-backed investment products have recorded $7.7 billion in total inflows in the US, according to a February 6 CoinShares report on crypto-backed investment funds. CoinShares Head of Research James Butterfill shared...
GoMining Introduces New NFT Generation Flow With the Release of the Mine Box Collection
2.2.2024
  GoMining, the world’s first mining company to offer seamless access to mining BTC by holding NFTs backed with real computing power, has introduced a brand new logic for NFT miner generation. Now, NFT fans and bitcoin mining enthusiasts worldwide can generate and mint their own unique...
Fintech Provider Monei Kicks-Off EURM Stablecoin Pilot in Spain
2.2.2024
Fintech firm, Monei has launched trials of the euro-backed stablecoin EURM in Spain in collaboration with major financial institutions in the country. In a recent press release, the company announced the commencement of tests under the supervision of the Bank of Spain’s Financial Sandbox. The tests...
El Salvador President Nayib Bukele Eyes Bitcoin-Backed Bonds, Bitcoin Cities in Re-election Bid
1.2.2024
El Salvador’s President Nayib Bukele intends to push forward with his plans for Bitcoin if he secures a second term in the upcoming election. Despite pressure from the International Monetary Fund (IMF) to reconsider the country’s adoption of Bitcoin as legal tender during loan...
a16z-Backed Projects Sold Tokens and NFTs, Contrary to Claims by General Partner Chris Dixon
30.1.2024
a16z-backed projects sold tokens and NFTs to the public contrary to claims by Chris Dixon, a general partner at the venture capital firm. During a recent appearance on the New York Times podcast Hard Fork, Dixon defended his firm’s investment thesis and the projects they support. “No...