Financial institutions are experimenting with Bitcoin-backed lending: Ledn
Lower interest rates and accelerating crypto adoption are spurring more financial institutions to try Bitcoin-backed lending.
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Bitcoin avg transaction fee rises 937.7% in 24 hours
Bitcoin transaction fees surged nearly 940% on Aug. 22, reflecting heightened network demand and pressure on users.

Stellar partners with UNHCR to give Ukrainian refugees cash via USDC
Humanitarian groups have increasingly used blockchain technology to solve problems with lack of banking or inadequate identity verification in developing or war-torn nations. Two new projects have been announced in December, including one that provides cash aid to Ukrainian refugees through the Stellar network and another that plans to offer cash and vouchers through the…

Loan refinancer and BitLicensee SoFi is clear to launch a national bank in the US
The new bank will be subject to heightened scrutiny from the OCC for at least three years. 1380 Total views 21 Total shares In an announcement on Wednesday, the Office of the Comptroller of the Currency (OCC) granted SoFi a conditional license to operate as a national bank in the United States.The OCC is the…

CME Exec: No Plans for Physically Settled BTC Contracts Currently
The Chicago Mercantile Exchange (CME) Group has no current plans to launch physically settled Bitcoin (BTC) contracts, a senior executive said.Tim McCourt, global head of equity index and alternative investment products at CME Group, told MarketsMedia on Oct. 1 that all new contracts or products are driven by customer demand.CME’s new options will be settled…

A New York airport test pilots blockchain-based coronavirus cleanliness app
The app will provide travelers at the New York state airport with surface cleanliness data in real-time. 971 Total views 12 Total shares With an eye towards the rapidly spreading coronavirus pandemic, Albany Airport has begun experimenting with the "Wellness Trace App" to track the cleanliness of surfaces and objects inside the airport.The app, developed…

‘Do not delay’ — ASIC warns Aussies to look for 10 signs of a crypto scam
Australia’s market regulator has released a list of the “top-10 ways to spot a crypto scam," amid a detected rise in crypto-related investment scams this year.The Australian Securities and Investment Commission's (ASIC's) public advisory statement was published as part of Scams Awareness Week 2022, an initiative that teaches Australians how to identify all forms of scams.…

Former SEC chair says spot Bitcoin ETF approval is ‘inevitable’ despite delays
The commission has another 45 days to approve, deny, or delay spot Bitcoin exchange-traded fund applications from 7 major firms. 583 Total views 27 Total shares Following the United States Securities and Exchange Commission (SEC) delaying decisions on several spot Bitcoin exchange-traded funds, former commission chair Jay Clayton said he believed approval was still going

Crypto payments platform Wyre lifts 90% withdrawal cap
Just five days after it imposed them, Wyre has removed all limits on account withdrawals. 140 Total views 10 Total shares Own this piece of history Collect this article as an NFTCrypto payment platform Wyre has lifted the 90% withdrawal limit it placed on its users earlier this week after securing additional funding. On Jan. 13,…