Crypto lending platform SALT has partnered with Cion Digital to launch crypto lending-as-a-service for over 5,000 U.S. auto dealerships. SALT was founded in 2016 and introduced asset-backed lending to...
Tag: news
While Global Markets Get Spooked by Covid and a Hawkish Fed, Stocks and Crypto Rebound After Musk Buys Twitter – Finance Bitcoin News
Wall Street suffered Monday morning as the major U.S. stock indexes dropped further, building on losses gathered last week. Reports indicate that investors are concerned about the upcoming Federal Res...
SkyBridge Capital’s Crypto Pivot Looks to Triple its Assets
Hedge fund SkyBridge founder Anthony Scaramucci said he plans to shift the pace of SkyBridge Capital’s investment to virtual digital assets, according to Bloomberg. SkyBridge is a global multi-a...
Compass Mining to Sold $30m Worth of Assets in Russia to Fend Off Sanctions
Compass Mining, an American cryptocurrency mining firm, is looking for buyers for its gears stranded in Russia in a bid to avoid being sanctioned by the United States Department of Treasury. According...
NFT Trade Volume Jumped 23% Higher This Week Capturing Close to $1 Billion in Sales – Markets and Prices Bitcoin News
Non-fungible token (NFT) sales have increased by 23.56% over the last week, as $945.2 million in sales were recorded across 15 different blockchains during the last seven days. NFT sales stemming from...
American Premium Water Corporation Acquires Crypto Mining Company CloudX
American Premium Water Corporation announced the acquisition of cryptocurrency mining and staking company CloudXchange DataCentre Inc. (“CloudX”) for $45.6 million. Under the terms of the agreement, s...
Uncollateralized Lending Platform Truefi Reveals $100 Million Single-Borrower Pool Designed for Blockchain.com – Bitcoin News
The crypto firm Blockchain.com has revealed it has secured up to $100 million in liquidity from Truefi’s single-borrower pool. The pool will be initially capped at $100 million over the first year and...
Cardano To Soon Enter Profit Zone! ADA Price Might Surge To These Levels – Coinpedia – Fintech & Cryptocurreny News Media
While the cryptocurrency market is blown away with a bearish roar, there is this one analyst who predicts a bullish stance for Cardano. A closely followed and leading analytics firm, Santiment is of t...
CertiK Raises $60m In New Funding in Two Weeks
CertiK, a web3 and blockchain security company based in New York, announced on Friday that it raised an additional $60 million just two weeks after it raised $88 million in a Series B3 funding round. ...
Biggest Movers: DOGE up on Twitter News, WAVES Deep in the Red – Market Updates Bitcoin News
DOGE rallied on Monday, as traders reacted to the news that Elon Musk was possibly nearing a takeover of Twitter. While DOGE surged, AXS and WAVES were also big movers, however they were mainly in the...
Algorithmic Stablecoins: Dollar Doppelganger? – The Coin Republic: Cryptocurrency , Bitcoin, Ethereum & Blockchain News
Algorithmic stablecoins are witnessed as to be an equalizer considering the restrictions which both, the dollar and crypto assets possesses. Algorithmic stablecoin backers have the audacity to claim t...
Cardano News: Hoskinsea Sells Out 80% Allocated Token As The Private Sale Ends In A Few Hours
– Advertisement – Hoskinsea marketplace is the largest NFT marketplace building on Cardano network, this marketplace is set to put in place all the advanced functionalities of NFT marketpl...
Twitter Engages in Negotiations With Elon Musk, Analyst Says Unless a Second Bidder Appears Musk Will Acquire the Company – Bitcoin News
According to multiple reports stemming from people familiar with the matter, Twitter has been engaged in negotiations with Elon Musk over his proposal to purchase the social media platform for $46.5 b...
Silk Road Founder Agrees to Use Seized Bitcoin Worth $3Bn to Clear off $183m debt to US government
According to a court filing first reported by Wired media outlets, about $3 billion worth of seized Bitcoin in connection to an unnamed Silk Road hacker will be used to absolve Ross Ulbricht of his $1...
ETH, BTC Fall to 5-Week Lows – Market Updates Bitcoin News
Both ETH and BTC fell close to five-week lows to start the week, as losses in crypto markets extended on Monday. Following bearish pressure over the weekend, BTC started the week trading below $39,000...
New York Lawmakers to Make Rug Pulls in Crypto a Crime
The State of New York may soon make a move to christen “Rug Pulls” in the digital currency ecosystem as an offence, which could come as a bill, dubbed Senate Bill S8839 when it is passed into law. The...
Crypto Gains Skyrocket Worldwide — Investors’ Profit Grew 5x to $163 Billion in 2021 – Featured Bitcoin News
Blockchain data analytics firm Chainalysis has found that the total cryptocurrency gains worldwide amounted to $163 billion in 2021, which was 5x the previous year or a 400% increase. Chainalysis on C...
Web3: Understanding The Future – The Coin Republic: Cryptocurrency , Bitcoin, Ethereum & Blockchain News
Cryptocurrencies have brought in a lot of terms with them throughout the years; Web3, Metaverse, NFTs, etc., are among them. Various entities aren’t hesitating before betting big on Web3 as they see ...
a16Z to Establishe Crypto Research Lab
Wallet Street Venture Capital firm, Andreessen Horowitz (a16Z), announced establishing its own crypto research lab to conduct blockchain-related academic research. Led by Tim Roughgarden, adjunct prof...
NFT On-Chain Volume on Ethereum Hit $10bn Per Month
Non-fungible tokens (NFTs) have been making headlines based on the notable growth witnessed in this sector despite being the new kid on the crypto block. NFTs have been hitting a monthly volume of $10...
Georgians Sell Russian Regions as NFTs to Raise Money for Ukraine – Bitcoin News
A tech innovations firm based in Georgia’s capital Tbilisi is now “selling Russia piece by piece” in the form of NFTs. The money from the collectibles, representing almost 2,500 Russian regions, will ...
Aurora-Based Liquidity Protocol Bastion Raises $9m in Series A
The decentralised money market protocol Bastion has announced its successful $9 million in Series A funding, led by the hedge fund manager, Three Arrow Capital. This is coming a month after the Aurora...
More Than 1,000 Crypto Deals Sealed for Venture Capital Firms, Worth $17bn in 2022
Venture Capital (VC) firms continue penetrating the crypto sector, given that they have pumped in $17 billion so far this year. Glassnode co-founders under the pseudonym Negentropic explained: “...
Bitcoin Lightning Network Would be Practical for Small Payments than Debit Cards, Morgan Stanley Says
The Bitcoin Lightning Network attracts fees close to zero. It becomes more practical to use it when undertaking small payments than a debit card, according to leading investment bank Morgan Stanley. A...
Bybit Now Supports Crypto Purchases with Credit or Debit Cards
Bybit users can directly buy crypto with their credit or debit cards using fiat currencies, the cryptocurrency exchange company announced. The launch of Bybit’s credit and debit card payments sy...
Bitcoin Wild Price Discovery Days are Now Over! This is What Next For BTC Price – Coinpedia – Fintech & Cryptocurreny News Media
On Monday, the price of bitcoin fell below $40,000, while other cryptocurrencies were in the red. This comes as investors remain wary of the situation in Ukraine and the potential of a rate hike by th...
Bank of Russia to Pilot Digital Ruble Settlements in 2023 – Finance Bitcoin News
Russia’s monetary authority intends to conduct the first settlements with the digital ruble next year, its governor announced this week. Speaking to Russian lawmakers, the official highlighted the imp...