Credix, a decentralized cryptocurrency lending platform, received $11.25 million in a Series A funding round. Representatives of the startup, in an interview with The Block, assured us that they plan to expand the organization’s activities in Latin America. This platform, built on the basis of Solana, connects institutional investors with fintech companies in emerging markets. Organizations...
Netflix plans to limit available ads at the cheapest subscription tier Gambling, politics, medicines, and cryptocurrency will be banned The changes will come into effect on November 1 In July, major media holding Netflix said it was planning to add a cheaper subscription with built-in ads. At the same time, the company adheres to conservative views...
The Ministry of Finance of Russia and the Central Bank recognized that in the current economic conditions, the use of cryptocurrency in international settlements is a step that needs to be legalized. The question of the approach to regulation is still open, as departments have different approaches to this issue. Nevertheless, according to Deputy Finance Minister Alexei...
Binance Stops Trading With USDC And Two Other Stablecoins They automatically convert such balances to BUSD Read all the details of innovations Binance released an important announcement. Starting September 29, they stop supporting USDC, USDP, and TUSD stablecoins. The exchange converts current balances in these currencies into its own stablecoin BUSD at the rate of 1:1. But clients will...
NFT tokens became a real hit at the end of 2021, however, with the advent of the crypto winter, the sector began to decline The market for non-fungible tokens (NFT) is not going through the best of times. According to the NFTGo platform, which tracks activity around tokens, the market has been suffering rapid losses since April 2022. For example,...
On the basis of the "sandbox" The Sandbox there will be a TV studio office It is owned by MBC from South Korea. In the virtual world, she will create unique content On Thursday, September 1, one of the largest TV companies in South Korea MBC (Munhwa Broadcasting Corporation) signed a partnership agreement with The...
As of September 5, 52 million erroneously issued aUSD coins remain in the network. In total, 281 addresses were involved in the incident, according to the report of the Acala parachain team. In August, a bug in the iBTC/aUSD liquidity pool smart contract led to the issuance of a “significant amount” of the stablecoin. 16 addresses claimed a total of...
MicroStrategy is preparing a package of enterprise products based on LN Sailor says Lightning is the biggest technology in the industry right now The company aims to integrate the network to make cryptocurrencies more accessible Yesterday, on September 4, the Baltic Honeybadger bitcoin conference ended in Riga. MicroStrategy CEO Michael Saylor was among the speakers. During his speech,...
A recent Arcan report says Bitcoin mining could revolutionize the energy industry and help us heat our homes. According to the Arcan report, bitcoin mining has a potential that is still not fully exploited. Concerns about bitcoin's excessive power consumption prevent its mass adoption, while it is mining that can solve real problems in the energy sector. The report says that bitcoin mining can play a role...
Nigerian authorities sign agreement with Binance The Exchange will act as the main contractor for the construction of "Digital City" This is a virtual free economic zone Today, September 5, the Binance crypto exchange officially announced a partnership with the government of Nigeria. The company will commit itself to create a digital economic zone, which will lead...
