Source: iStock/Enzo [email protected] Ojo Photography Authorities in Beijing say they have launched a blockchain-powered loans platform that will help small and medium-sized companies affected by the coronavirus to borrow money and potentially stay afloat – as the disease threatens to batter the city’s industrial sector. The city’s government launched the platform as part of new […]
Source: iStock/Pollyana Ventura Major cryptocurrency exchange Binance just took another step in expanding their services as they’re entering the crypto lending business. Binance said it will launch their new Lending Platform August 29 6:00 AM (UTC). In the first phase of the Lending launch, 14-day fixed term BNB (annualized interest rate of 15%), USDT (10%) […]
Source: Binance, Twitter Binance Coin (BNB), the native token of major crypto exchange Binance, dropped today following the announcement that their decentralized exchange Binance DEX is live. BNB is down by more than 2% in the past 24 hours (15:38 UTC,) trimming its weekly gains to less than 24%, which is still the best weekly […]
Source: Adobe/tostphoto As the DeFi gravy train keeps on rolling, lawyers have begun to ask the question that will likely one day end up on the lips of regulators: Are tokens like uniswap (UNI) securities? With debates now raging on Twitter, a number of legal experts have been wading in with their two cents – […]
Source: Adobe/MAC Photography One of China’s leading blockchain academics said that Beijing has adopted 100 uses for blockchain in the government services sector so far – and stated that Chinese state organizations and private sector firms are rapidly finding real-world uses for the technology. Per Beijing News, the claims were made by Cai Liang, the […]