Backed Financial News

17.06 / 13:27

Blockchain Digital Tether EUR Backed USDC Issuer Circle to Launch Euro-Backed Stablecoin

Circle Internet Financial announced on Thursday that it plans to launch a Euro stablecoin (EUROC), by the end of the month, backed by the single European currency.

16.06 / 16:01

business Stablecoin Circle Euro Backed Circle launches euro-backed stablecoin EUROC

USD Coin (USDC) issuer Circle Internet Financial is launching a fully-reserved stablecoin pegged to the euro, signaling to the market that demand for crypto foreign exchange services remains high despite recent industry turmoil.

13.06 / 20:03

Art NFT Mining Metaverse Backed NFT collection backed by Bitcoin mining offers alternative to 'hyped' drops

An NFT project says it is "truly redefining" what it means to collect digital art — with added benefits that other collections in the space don't offer.

08.06 / 22:43

Stablecoin regulation New York State Backed guidance New York state releases guidance for issuing dollar-backed stablecoins

The New York State Department of Financial Services (DFS) on Wednesday released regulatory guidance for U.S. dollar-backed stablecoins issued by DFS-regulated entities. According to a DFS statement, it is the first regulator in the United States to impose such expectations on a stablecoin issuer.

05.06 / 11:45

cryptocurrency cryptocurrency news crypto winter Backed Crypto Winter Pushes Softbank-Backed 2TM To Cut Over 10% Of Its Workforce

Softbank-backed 2TM cuts about 90 jobs as crypto winter lingers

27.05 / 09:57

Backed Blackstone-backed fund buys Justin Timberlake’s song catalog

A fund backed by private equity firm Blackstone has purchased the rights to Justin Timberlake’s song catalog in the venture’s largest music-rights acquisition so far, fund executives said.

25.05 / 17:39

Stablecoin Gold Bitcoin Backed As crypto takes a nosedive, gold-backed tokens ensure investors won’t crash too

In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well as their roles in shaping the economy of the 21st century.

24.05 / 15:43

Stablecoin Tether Terra Backed Tether is Fully Backed, Always Redeemable for USD 1 , Co-Founder Says

“I strongly believe that [tether] is fully backed, and you will never have any issues redeeming it,” Tether co-founder and BLOCKv CEO Reeve Collins has said.

20.05 / 15:15

Blockchain Stablecoin Tether DAI Backed Algorithmic, fiat-backed or crypto-backed: What’s the best stablecoin type?

TerraUSD (UST) flipping BinanceUSD (BUSD) for the third spot in the market capitalization list didn’t last long. The once-mighty stablecoin that powers the entire Terra ecosystem finds itself reduced to “Terra is more than UST” tweets. While no one knows for sure if LUNA can stage a comeback, UST will certainly go down as one of the algorithmic stablecoins that went kaput in the same fashion as Basis Cash — which Terra creator Do Kwon was allegedly a part of — and Mark Cuban-backed Iron Finance.

19.05 / 23:51

Digital Tether COMPOSITE Indexes government bonds Backed Tether claims its stablecoin is now partially backed by non-U.S. government bonds

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19.05 / 14:19

Backed valuation SoftBank-backed fintech giant Klarna looks for new funds at lower valuation

Klarna Bank is seeking to raise new funds that could value the fintech giant at almost a third less than the roughly $46bn valuation it achieved just under a year ago, according to people familiar with the matter, an example of the struggles facing the tech investing world.

12.05 / 02:15

Blockchain Binance Digital Puzzle Backed International TCG World Partners with Shark Tank Backed Jigsaw Puzzle International Convention (JPiC) to Co-host The Metaverse Expo 2022, Las Vegas

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

11.05 / 16:03

business Adoption Africa Backed Backed by Coinbase and Alameda, African exchange MARA eyes continental prospects

East Africa is set to welcome a new cryptocurrency exchange backed by a formidable list of industry heavyweights looking to tap into a continent full of potential users.

10.05 / 16:39

UPS Provident VISA Executive Backed Top crypto Visa's top crypto executive Terry Angelos leaves for Softbank-backed brokerage start-up DriveWealth

One of Visa's top executives is leaving the payments giant for a brokerage technology start-up, CNBC has learned.

10.05 / 11:19

Booking Backed Startup backed by Peter Thiel and Bill Ackman tells companies to stick to making profit and avoid politics

An upstart financial firm backed by Peter Thiel and Bill Ackman has a message for American corporations: Focus on making money, not taking stands.

04.05 / 07:31

business coinbase goldman sachs Bitcoin Backed Coinbase took out the first Bitcoin-backed loan from Goldman Sachs

America’s largest crypto exchange Coinbase has been revealed as the mystery firm that took out Wall Street’s first Bitcoin-backed loan from Goldman Sachs.

03.05 / 20:11

Cardano SEC coinbase Gaming Backed Cyber SEC Nearly Doubles Its Crypto & Cyber Unit, The Other Side Of Goldman's Bitcoin-Backed Loan + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._____

29.04 / 18:25

Blockchain UPS Action Backed Evan Luthra Backed Stand Against War To Start Minting On 10th May, 2022: Check It Out!

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

29.04 / 10:55

Adoption goldman sachs banking Bitcoin Backed Goldman Sachs Confirms It Granted a Lender a Bitcoin-backed Loan

The American investment banking heavyweight Goldman Sachs has granted a customer a cash loan backed by bitcoin (BTC).

29.04 / 03:47

Adoption Investments goldman sachs Bitcoin Backed Goldman Sachs offers first Bitcoin-backed loan as Wall Street embraces crypto

Goldman Sachs has offered its first Bitcoin-backed loan, in a major step forward for institutional cryptocurrency adoption on Wall St.

28.04 / 20:09

Government Blockchain Law identity Backed Profiles Buenos Aires to accept crypto for tax payments, launch DLT-backed citizen profiles

The capital of Argentina and an agglomeration with more than 12 million citizens, Buenos Aires will make blockchain a vital part of its digitalization drive. Specifically, the city will accept public financial transactions in crypto.

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