Today, Nexo, the leading digital asset wealth platform, announced that Solana’s SOL and Ripple’s XRP are now supported collateral assets for its Zero-interest Credit (ZiC). With this move, Nexo joins the current BTC and ETH collateral options as the first platform to provide 0% APR, no-liquidation lending backed by either asset. ZiC,
US tech behemoth Meta is planning to expand to other regions after launching USDC payouts for creators on its platforms in Colombia and the Philippines. Faster Settlement with USDC Participating creators will have their payments sent straight to their Solana or Polygon blockchain wallets. According to Wednesday’s release, however, an external exchange is necessary
In order to provide a regulated institutional framework for involvement in blockchain-based financial markets, Real Finance and Wiener Privatbank established a strategic alliance. In order to provide institutional customers access to on-chain financial products within a framework that complies with European regulatory norms, the partnership focuses on integrating conventional banking
Leading digital payments platform Stables today established a strategic alliance with eStable to combine local stablecoin issuance capabilities with institutional-grade banking infrastructure. Through the partnership, Stables’ developer clients may utilize institutional rails for smooth transitions between fiat and stablecoins. By enabling institutional settlement and local currency stablecoin issuance backed by
There have been rumors circulating that a hacker on the dark web leaked what they said was a treasure mine of confidential user information from Prediction markets platform Polymarket, but the company has disputed the claims. On Tuesday, numerous X accounts that monitor the dark web—including cybersecurity firm Vecert Analyzer—shared pictures
Canada is considering banning cryptocurrency ATMs as part of a larger effort to combat fraud and money laundering. The country is concerned that these machines have become an essential tool for scammers. The Liberal government’s Spring Economic Update, which was issued on Tuesday, includes a provision that would ban cryptocurrency
The exploratory phase of the worldwide regulatory framework for digital assets has been surpassed by full enforcement. Frameworks are active, enforceable, and increasingly in line with conventional financial regulation in many important countries, such as the United States, the European Union, Hong Kong, Singapore, the United Arab Emirates, Japan, Turkey, and
Recently, W3.io (W3) made an announcement on the launch of the first control platform for agent-powered finance on the Avalanche network. This platform is already capable of performing more than 200,000 processes per day across five different enterprise verticals. Businesses are able to build, automate, and govern their financial operations, and then
On Monday, when Bitcoin fell below $77,000, exchange-traded funds (ETFs) listed in the United States had their first net outflow in nine sessions. The first net outflow of $263 million from Bitcoin ETFs since mid-April occurred on Monday, according to statistics from SoSoValue. Spot ETFs received $2.1 billion in inflows
Today, Startale Group announced a collaboration with Sunnyside Labs, designating Privacy Boost as the Startale App’s official privacy partner. Privacy Boost will offer self-custodial, onchain privacy features inside a consumer cryptocurrency ecosystem by integrating directly into the Startale App and deploying natively on Soneium. As a key consumer gateway to
