Backed Financial News
10.03 / 19:29
Tether
Gold
Backed
Time
Gold-backed cryptos are shining in 2022, market cap hits $1B for the first time
The market capitalization of gold-backed crypto tokens increased by 60% in 2022 to surpass $1 billion for the first time in history, according to Arcane Research in its latest weekly report.
01.03 / 20:07
UPS
DOW
CEO
Strategy
Backed
Russian-backed investment fund tied to influential U.S. corporate consulting firm
An investment fund backed by Russian oligarchs that have been sanctioned by the European Union following the invasion of Ukraine has ties to Teneo, an influential corporate advisory firm based in the United States.
01.03 / 15:35
24.02 / 21:11
UPS
Provident
Pool
Backed
$FUNDS Presale IEO The First Cryptocurrency Backed by Real Lotteries
Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.
17.02 / 05:29
Blockchain
NFT
Gaming
Backed
YGG-backed Oasys blockchain hopes to take P2E gaming mainstream
The team behind the new gaming-focused proof-of-stake blockchain Oasys say that it’s been designed to increase mainstream play-to-earn (P2E) adoption.
15.02 / 19:09
Government
Law
Stablecoin
lawmaker
Backed
US lawmaker introduces bill for government-backed insurance of 'qualified' stablecoins
House Financial Services Committee member and New Jersey Representative Josh Gottheimer has introduced legislation which would have the Federal Deposit Insurance Corporation back stablecoins in a similar manner to fiat deposits.
14.02 / 21:09
09.02 / 16:39
markets
Hackers
Bitfinex
Analysis
Backed
record high
Bitfinex-backed LEO soars to record high on supply crunch expectations
Unus Sed Leo (LEO) surged by almost 70% on Feb. 9 to reach its record highs as traders assessed the potential of an incoming supply crunch in its market.
08.02 / 09:25
business
Trading
coinbase
Backed
Softbank backed startup to offer retail crypto trading
Stock brokerage firm DriveWealth has entered the cryptocurrency industry by launching two subsidiaries designed to allow its partners to offer crypto trading to retail investors.
07.02 / 16:24
03.02 / 18:07
business
lending
Asset management
Backed
a16z-backed TrueFi launches DeFi lending market for asset managers
Stablecoin operator TrustToken has launched a new lending marketplace that allows asset managers to create their own decentralized finance products, potentially opening the door to wider mainstream adoption of DeFi solutions.
28.01 / 15:07
defi
Investments
Africa
United Nations
Backed
stake
Nigerians are among the first to take advantage of decentralized loans backed by small-stake personal cryptocurrency
Global climate change continues to challenge the world's productivity and has already badly impacted the overall ability to maintain minimum sustainable goods production in Nigeria, as well as impacting overall food security for much of the population. Today, 100 million people in Africa face multiple crises, emergencies and catastrophic levels of food insecurity - with an increase of more than 60% between 2019 and 2020. As a result, social uplift has become a key goal for Environmental, Social and Corporate Governance (ESG) impact investing and global interest under the United Nations Sustainable Development Goals (UNDP).
28.01 / 03:53
UPS
Digital
Eagle
Backed
Renowned 3D NFT Artist Gal Yosef Announces Meta Eagle Club Collection Backed By Eden Gallery
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
26.01 / 17:21
24.01 / 13:26
Stablecoin
Mining
regulation
Backed
Ban Crypto, but Legalize Mining and Issue Gold-backed Stablecoin, Urges Top Russian MP
Russian parliamentarians, government officials and finance chiefs remain deeply divided on the issue of crypto regulation – with a leading lawmaker indicating that crypto mining could soon be legalized, alongside a state-run, gold-backed stablecoin, while backing the idea of banning crypto trading and investment. The news comes shortly after the Central Bank’s recent proposal, suggesting a ban on crypto and token mining.
20.01 / 13:48
19.01 / 03:55
Blockchain
Platform
Backed
Female-Backed VC Blossom Capital Raises $432M to Back Startups
Ophelia Brown’s Blossom Capital has raised $432 million to back early-stage tech startups in Europe.
11.01 / 12:19
Blockchain
Adoption
Banks
Backed
Financial
Axis Bank issues financial contract on state-backed blockchain platform
Indian financial services giant Axis Bank issued a financial contract between two domestic businesses by using a government-backed blockchain platform called Secured Logistics Document Exchange (SLDE).
10.01 / 13:17
Social Media
Google
Decentralization
Backed
Heavily-Backed DeSo Makes Waves With Controversial Google Login Feature
Decentralized Social (DeSo), a blockchain designed to power Web 3.0 decentralized social networks, has integrated a "Login with Google" feature to all of the apps built on its platform, which has sparked a backlash from the crypto community.
06.01 / 10:43
05.01 / 13:05
business
defi
Backed
Kevin O’Leary-backed WonderFi to buy Bitbuy parent company for $162M
Kevin O’Leary-backed decentralized finance (DeFi) platform WonderFi Technologies is increasing its footprint in Canada by buying the first regulated crypto exchange in the country.
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