Ledn secures industry-first $50M Bitcoin-backed syndicated loan
Ledn’s groundbreaking $50 million Bitcoin-backed loan, syndicated by Sygnum, is set to transform retail lending and institutional crypto finance.
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Bitcoin price drops under $29K as Walmart, Target stock lose most since 1987
Bitcoin (BTC) headed toward an "interesting" liquidity area on May 18 as United States stock markets opened with a bearish bang.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price nears "interesting" rematch with lowsData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it broke through the $29,000 support after the Wall Street open.U.S. markets saw a…
Zambia SEC Warns About Investing in Promoted Onyxcoin Cryptocurrency
The Zambia SEC’s CEO, Philip Chitalu, has warned the public that cryptocurrency OnyxCoin creator Kwakoo is not licensed to give investment advice or solicit funds, from within and outside the country alike.The Lusaka Times relayed the SEC head’s warnings in a report on Aug. 2. According to the report, Kwakoo has been promoting Onyxcoin and…
Akoin Co-Founder Explains How $6B Futuristic Akon City Will Work
Akoin president Jon Karas says Akon’s crypto city could be the proving ground African economies need. The businessman behind Akon City, the 2,000-acre crypto project in Senegal ‘powered by’ Akoin tokens, has explained how the futuristic $6 billion city will work.Co-founded with singer Akon, the whitepaper for the Akoin cryptocurrency published in March, says it…
Price analysis 2/6: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT
The United States dollar index (DXY) has started a strong recovery and its rise is putting pressure on Bitcoin (BTC) and the S&P 500 (SPX) index. The market participants will be keenly watching for any insights on future rate hikes when the Federal Reserve Chairman Jerome Powell speaks before the Economic Club of Washington on…
South Korean ministry recommends enactment of special Metaverse laws
The MSIT identified that imposing older regulations serve as a deterrent to the growth of new ecosystems. 264 Total views 12 Total shares The Ministry of Science and ICT (MSIT) of South Korea revealed plans to move away from imposing traditional video gaming laws on the Metaverse. Instead, the ministry decided to issue new guidelines…
FTX Token spikes 70% amid looming bankruptcy distributions
The native token of the bankrupt crypto exchange FTX has seen sharp bullish action amid looming bankruptcy distributions.
Bitcoin vs. Buffett: BTC holders' 104% CAGR dwarfs 'steady growth' portfolio
Since its trading debut in 2011, Bitcoin has delivered an impressive average annual return of approximately 104%, surpassing the returns of Warren Buffett’s portfolio and U.S. stock markets.
Binance user protection insurance fund reaches $1B valuation
Binance started the Secure Asset Fund for Users (SAFU) in 2018 by allocating 10% of the trading fee. 280 Total views 24 Total shares Binance, the world’s leading crypto exchange by trading volume, announced its Secure Asset Fund for Users (SAFU) reached a $1 billion valuation.The user protection insurance fund was set up in July…