Aave DAO and Trident launch $100M onchain fixed-yield loan
The collaboration aims to provide a secure, stable investment option, mitigating traditional market volatility and risks for lenders.
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Indian State Gov’t Partners With Blockchain Firms to Drive Tech Growth
Indian state government-led blockchain accelerator T-Block partners with Aeternity, Harmony, and Matic Network to ramp up blockchain growth. T-Block, an Indian government-led blockchain accelerator program by the State Government of Telangana and Tech Mahindra, has partnered with blockchain companies Matic Network, Harmony, and Aeternity to support the growth of blockchain startups across the state.Local news…
Crypto lending platform Babel Finance reaches counterparty debt agreement
The firm emphasized that it will “actively fulfill its legal responsibilities to customers and strive to avoid further transmission and diffusion of liquidity risks.” 211 Total views 2 Total shares Hong Kong-based crypto lending firm, Babel Finance, has eased some of its immediate liquidity troubles by reaching debt repayments agreements with some of its counterparties.…
Crypto Fundraising to Aid Canary Warf and Isle of Dogs
Bank Account Based Blockchain (BABB) and CryptoAM.io have launched a fundraising initiative on March 31 to help vulnerable and elderly people living in Canary Wharf, Poplar and the Isle of Dogs in London, United Kingdom.According to the announcement, BABB’s native cryptocurrency utility token, BAX, is the parent of the project, where transactions will be made…
Bitcoin traders cross fingers in hopes that a positive Fed meeting triggers a run to $18K
Bitcoin (BTC) failed to break above the $17,250 resistance on Dec. 11 and subsequently faced a 2.2% correction. More importantly, the last daily close above this level was over 30 days ago — reinforcing the thesis of size sellers near the $330 billion market capitalization mark.Curiously, this valuation level is slightly behind Palladium, the world's…
Google and Magic Leap partner up to make metaverse goggles despite past flops
It’s unclear why the two companies have partnered up, but the scheme comes amid Apple’s push to dominate the “spatial computing” market.
PayPal Leads $4.2M Funding Round for Crypto Risk Management Platform
Payment processor PayPal has led a $4.2 million funding round for cryptocurrency risk management platform TRM Labs.In a Nov. 19 press release TRM Labs announced that it secured $4.2 million in an investment round led by PayPal, with participation from other top investors including Initialized Capital, Blockchain Capital and Y Combinator.Building solutions to prevent crypto…
61-Year-Old Silk Road Vendor to Stay in Prison Despite COVID-19
Court filings show that New York federal judge Jed Rakoff has rejected the request of a 61-year-old toy merchant-turned Silk Road vendor for a compassionate release amid the coronavirus pandemic that has claimed the lives of more than 10,000 New Yorkers.Judge Rakoff found that the inmate had failed to present an “extraordinary and compelling” case…
Can Terra blockchain sustain its growth? Research report digs deeper
It only took Terra one year and 22 protocols to become the second-largest DeFi blockchain. How was it achieved, and for how long will it remain on top? 665 Total views 27 Total shares Cointelegraph Research fundamentally evaluates Terra in its 50-page report to provide an in-depth analysis of its recent updates, including Columbus-5, the…