Backed Financial News

24.10 / 17:19

markets Polygon Developers Backed Warren Buffett-backed neobank picks Polygon for Web3 token — MATIC price eyes 100% rally

Polygon (MATIC) price could double by the end of 2022 or early 2023 due to a mix of extremely bullish fundamental and technical indicators.

21.10 / 23:17

Stablecoin CBDC Adoption Backed retail CBDC Hong Kong unveils completed retail CBDC project that has a CBDC-backed stablecoin

The Hong Kong Monetary Authority presented its completed Aurum retail central bank digital currency (CBDC) prototype on Oct. 21. The system, developed in conjunction with the Bank for International Settlements (BIS) Innovation Hub, has a unique structure that reflects the intricacies of the existing system for issuing money in Hong Kong.

19.10 / 15:39

Digital Walmart Puma Indian Backed Customers Walmart-Backed Indian Commerce Giant Flipkart to Allow Customers to Buy Items in the Metaverse

As Indian online retail giant Flipkart seeks more digital interaction with its customers, the company has announced it will initiate a metaverse offering, Flipverse, enabling them to access “gamified, interactive and immersive” experiences through the firm’s app.

19.10 / 15:25

Blockchain Digital Platform Bitcoin Backed Nubank Buffett-backed digital bank Nubank to launch its own cryptocurrency in Brazil

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19.10 / 00:43

Blockchain Technology NFT Metaverse Backed NFT project Azuki launches Physical Backed Token

Anime-inspired nonfungible token (NFT) project Azuki has released a Physical Backed Token (PBT) — an open-source token standard that ties a physical item to a digital token on the Ethereum blockchain.

18.10 / 14:15

Digital CEO Strategy Backed Alan Howard-backed crypto VC fund names Valour’s Diana Biggs as partner

Early-stage crypto fund 1kx, which is backed by hedge fund billionaire Alan Howard, has named Diana Biggs as a partner.

11.10 / 19:06

Blockchain UPS Platform Bitcoin Backed Coinbase-Backed DeSo Disrupts Telegram, WhatsApp, and Signal

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

07.10 / 05:51

Blockchain cryptocurrency Binance Digital Backed Binance-Backed Blockchain Probes $100 Million Hack of Tokens

A major blockchain backed by Binance, the world’s largest cryptocurrency exchange, is probing the potential theft of between $100 million and $110 million of digital tokens native to the network.

12.09 / 10:59

cryptocurrency Binance WazirX Backed Binance-Backed WazirX Says India Unfreezes Bank Accounts

WazirX, owned by the world's largest digital currency exchange Binance, said on Monday that India's financial crime-fighting agency has unfrozen the bank accounts of the unit after more than a month in a case involving suspected violation of foreign exchange regulations.

09.09 / 01:13

Blockchain regulation coinbase Department Backed Crypto investors backed by Coinbase sue U.S. Department of Treasury after Tornado Cash sanctions

According to a new lawsuit filed in the U.S. District Court, Western District of Texas. On Thursday, six users of the Ethereum blockchain and cryptocurrency mixer Tornado Cash sued the U.S. Department of Treasury, alleging that its recent designation of 44 Tornado Cash smart contract addresses to the Specially Designated Nationals (SDN) list of the Office of Foreign Asset Control (OFAC) is "not in accordance with law."

02.09 / 13:13

Blockchain Stablecoin ETF Tether Backed What is a gold-backed token and how does it work?

A gold-backed cryptocurrency is a type of digital currency that is backed by physical gold. The currency’s value is based on the current market price of gold and can be used for transactions just like any other type of cryptocurrency.

26.08 / 13:41

Blockchain Stablecoin defi Backed Waves-backed stablecoin USDN breaks peg again amid protocol upgrade

As the crypto community tries to navigate the bear market and recover from the onslaught brought about by stablecoin incidents like the Terra crash, another algorithmic stablecoin shows signs of struggle as it falls below its dollar peg.

26.08 / 04:37

regulation AML Police Backed A16z-backed CoinSwitch exchange raided over alleged forex law breaches

Major Indian crypto exchange CoinSwitch Kuber had five of its premises searched by anti-money laundering agents on Thursday over alleged violations of forex laws.

22.08 / 11:05

Blockchain COST Platform Enterprise financing Backed How to Optimize Your Business with Non-Traditional Asset-Backed Financing

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20.08 / 01:43

Stablecoin Dollar Backed United Texas Bank CEO wants to 'limit the issuance of US dollar-backed stablecoins to banks'

Scott Beck, chief executive officer of United Texas Bank, called on members of the state’s blockchain working group to recommend policy for leaving stablecoins to banks rather than crypto firms.

18.08 / 15:33

COST Provident Digital Bitcoin Backed Why Gold-Backed Cryptocurrencies Beat The Bear Market

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04.08 / 23:35

regulation Taxes policies lawmaker Backed Crypto firms failed to deliver 'promised benefits' from lawmaker-backed incentives, says nonprofit

The Tech Transparency Project, or TTP, a research initiative of the United States-based nonprofit watchdog group Campaign for Accountability, has released a report claiming crypto firms “provided little in return” for state governments offering financial incentives.

04.08 / 22:11

Blockchain Platform Racing Backed Game On for Bybit-Backed GameFi Platform, Yeeha Games

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

02.08 / 22:43

UPS Provident Platform Action creditors Backed Court grants Coinbase-backed Vauld 3-month protection from creditors

Troubled cryptocurrency lending platform Vauld has been given a brief reprieve from creditors after the Singapore High Court granted it a three-month moratorium on Monday.

28.07 / 14:01

Provident Digital CEO Platform Backed Standard Standard Chartered-backed Zodia Market secures FCA registration

Notably, this is the first time a digital asset trading business supported by a leading bank has been registered by the FCA.

28.07 / 11:23

Energy inflation Backed Al-Sadr followers protest in Iraq's parliament against Iran-backed PM candidate

Hundreds of Iraqi protesters breached Baghdad's Green Zone parliament on Wednesday chanting anti-Iran curses in a demonstration against a nominee for prime minister by Tehran-backed parties.

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