Source: Wikimedia Commons/Michal.sarka The Russian bank Expobank says it has issued the nation’s first-ever crypto-backed loan – despite the fact that the country has recently introduced a new law that prohibits the use of tokens as a form of payment. Per a report from media outlet Kommersant, the loan was secured by using tokens issued […]
Source: Adobe/AlekseyIvanov Multiple Chinese media outlets are reporting that Binance China’s influence is “growing” in the Middle Kingdom after the exchange’s domestic arm joined the United Nations Global Compact sustainability drive. The UN drive describes itself as a “non-binding pact to encourage businesses worldwide to adopt sustainable and socially responsible policies, and to report on […]
Source: iStock/waewkid Two blockchain-based projects, Dfinity and Terra, have now secured funding from big names such as Andreessen Horowitz and Binance respectively. These two cases come as proof that although the market is still far from what it used to be, investors still believe in blockchain and related projects. Dfinity Foundation raised USD 102 million […]
Source: iStock/Ratth And it has begun. First blockchain-based project that moved its native token from the Ethereum blockchain on the Binance Chain, the native blockchain of major crypto exchange Binance, saw its token price rise more than 50% in the past 24 hours. As Binance CEO expects more projects to migrate on the new blockchain, […]
Source: Instagram, Binance Major crypto exchange Binance has resumed trading after completing its “largest upgrade to date,” which according to the exchange’s CEO, Changpeng Zhao, included switching the trade matching engine to a new programming language, essentially re-writing all code in the process. “Readying for the next wave,” the CEO said on Sunday. The system […]