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Nasdaq-Listed Microstrategy Obtains $205 Million Bitcoin-Backed Loan to Buy More BTC
30.3.2022
Nasdaq-listed Microstrategy has obtained a $205 million bitcoin-collateralized loan from Silvergate Bank through a subsidiary to buy more bitcoin. “The interest-only term loan is secured by certain bitcoin held in Macrostrategy’s collateral account.” Company to Use $205M...
The ‘Growth Collection’ — Ross Ulbricht to Auction Bitcoin-Backed NFTs on Satoshi’s Birthday
29.3.2022
Following Ross Ulbricht’s non-fungible token (NFT) sale that raised 1,446 ether or $6.27 million at auction, Ulbricht is dropping another NFT compilation called the “Growth Collection.” According to the announcement, the NFTs will be minted using the Bitcoin blockchain and will...
Russian Prime Minister, Economy Ministry Support Legalization of Cryptocurrencies
27.3.2022
Prime Minister Mikhail Mishustin and the Russian Ministry of Economic Development have backed efforts to regulate cryptocurrencies and integrate them into the country’s economy. The support comes amid mounting sanctions over the war in Ukraine which restrict Russia’s access to global...
Tokenized Gold Market Caps Grew Significantly Last Month as Fresh Demand Drives Premiums
23.3.2022
While gold tapped an all-time high (ATH) this year surpassing $2K per ounce, the top tokenized gold crypto assets by market valuation continue to see significant demand, premiums, and market capitalization growth. For instance, Paxos Trust Company’s PAXG market cap jumped more than 43% in...
Figure Technologies Announces Two Crypto-Backed Mortgage Products
23.3.2022
Blockchain lending startup Figure Technologies is to roll out mortgages fully backed by crypto of up to $20 million
Market Cap of Gold-Backed Tokens Crosses USD 1B as Ukraine War Makes the Metal Shine
16.3.2022
The interest in gold-backed stablecoins is on the rise, with inflows accelerating after the aggression on Ukraine started. Following the surge in adoption, the combined market capitalization of the two dominant tokens – pax gold (PAXG) and tether gold (XAUT) – for the first time crossed the...
This Mila Kunis-Backed TV Show Lets NFT Holders Choose the Plot
14.3.2022
The animated series is Kunis’ latest project at the intersection of Hollywood and blockchain
CoinFLEX CEO Mark Lamb Explains How flexUSD Stacks up to Other Stablecoins
11.3.2022
CoinFLEX creates innovative solutions to bring investors and crypto markets together through intuitive yield products such as flexUSD, the world’s first interest-earning stablecoin, and AMM+, the most-capital efficient automated market maker in the world. CoinFLEX is backed by crypto...
Gold-backed cryptos are shining in 2022, market cap hits $1B for the first time
10.3.2022
PAX Gold did most of the weightlifting in pushing the gold token market cap above the $1 billion-milestone, outperforming Tether Gold
Santander to Offer Loans Backed by Agricultural Commodity Tokens
10.3.2022
Santander is developing the possibility of offering loans backed by tokens that are collateralized in agricultural products. The bank has partnered with Agrotoken, a company that launched a series of agricultural commodity tokens already being used in agriculture-related markets to make...
Market Cap of Gold-Backed Cryptos Surpass $1B as Yellow Metal Nears Record High
9.3.2022
Stagflation fears appear to have boosted demand for gold and crypto tokens backed by the yellow metal
Santander Launches Loans Backed by Tokenized Commodities Such as Soy and Corn
7.3.2022
The Spanish banking multinational is the first traditional finance company to release a crypto-based loan, in partnership with agro-commodities tokenization platform Agrotoken
Demand for Gold-Backed Tokens Brings Premiums as Precious Metal’s Value Jumps Higher
19.2.2022
While stocks and cryptocurrency markets have floundered during the last week, the price of the precious metal gold has increased in value by 3.85% during the last seven days. An ounce of fine gold jumped from $1,826.92 on February 10, to $1,897.36 per ounce on February 19. Additionally, the...
YGG-backed Oasys blockchain hopes to take P2E gaming mainstream
17.2.2022
“Gaming is the best use case the world has ever seen for blockchain and I believe we will see 10 million wallets interacting with blockchain games before the end of this year,” said Oasys founding member Gabby Dizon
US lawmaker introduces bill for government-backed insurance of 'qualified' stablecoins
15.2.2022
"For cryptocurrency to grow and thrive ... we must provide more direction and certainty to the marketplace ...,” said Josh Gottheimer
SURVIVE: Only One Will Last in the Metaverse
11.2.2022
PRESS RELEASE. SURVIVE is going to revolutionize the Metaverse. It’s a hybrid between live-action and open-world games. Think of GTA 5, with a 3D Metaverse where you can play for free and earn money. SURVIVE is backed by NFT Global, a reputable NFT platform. This partnership is ready...
An In-Depth Look at the Couple Accused of Laundering 94,636 Bitcoin From the 2016 Bitfinex Hack
10.2.2022
On Tuesday, the U.S. Department of Justice (DOJ) arrested two individuals that are accused of an “alleged conspiracy to launder” 94,636 bitcoins stolen from Bitfinex in 2016. Interestingly, both of the suspects are known individuals within the tech industry as Ilya Lichtenstein...
Bitfinex-backed LEO soars to record high on supply crunch expectations
9.2.2022
The token surged almost 70% in a day after the U.S. Department of Justice announced that it had recovered most of the stolen funds from the 2016 Bitfinex hack
Softbank backed startup to offer retail crypto trading
8.2.2022
DriveWealth aims to be a crypto liquidity provider to compete with Coinbase while giving its partners’ retail clients the ability to trade crypto on their platforms
Shaktiio: the Anti-Liquidation Protocol for Crypto-Backed Loans
6.2.2022
PRESS RELEASE. Based on the Anti-liquidation protocol, Shaktiio develops a liquidation protection programme for CeFi lending platforms. The anti-liquidation protocol aids the stability of the bitcoin market by preventing it from being overextended. The expansion of the loan market and the extensive...