Day: November 5, 2024

Bitcoin-backed loans for institutional portfolios

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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. As we move deeper into 2024, the idea of utilizing Bitcoin (BTC) as collateral for lending is becoming increasingly common. Individuals and businesses around the globe are putting up their Bitcoin in exchange for significant liquid capital.  Think about how real estate investors use mortgages. They’ve long known that borrowing against an asset they believe will appreciate is a smart move. Why sell something you think is…

Empowering young people to learn more about their local environment

Aiden Clarkson, Senior Upstream Regulation Officer at the Information Commissioner’s Office has written a blog for the National Education Nature Park on the importance of knowing your information rights. Did you know that no matter how old you are, you can ask public authorities about a wide range of topics that affect your day-to-day life and where you live? Under the Freedom of Information Act (FOIA) and Environmental Information Regulations (EIR), public authorities must supply the information you ask for unless there is a good reason not to. The Information…

Japan’s Metaplanet (3350) Gains First Index Listing With Inclusion on CoinShares’ BLOCK Index

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information have been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation.…

Six Months, $1 Billion: TON Network’s Explosive USDT Adoption Milestone

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The partnership between The Open Network (TON) and Tether has reached new heights as the USDT stablecoin experienced a massive surge in just a few months since the start of their collaboration. A remarkable feat that saw a massive increase in the USDT on TON hitting over $1 billion in only six months, an indicator of the capability of the emerging dynamic duo. Exponential Growth Analysts said that TON keeps on moving upward as many investors start to adopt Tether’s stablecoin. In a report, CryptoQuant said that in the last…

Alibaba’s Metaverse Unit Layoffs Dozens as Interest Wanes

Alibaba has laid off employees at its metaverse unit, Yuanjing, reflecting a broader industry trend of waning interest in metaverse projects by large Chinese corporations. Despite Layoffs, Alibaba Remains Committed to the Metaverse Chinese tech giant Alibaba has reportedly laid off dozens of employees at its metaverse unit, Yuanjing, as part of a restructuring exercise. […] Source CryptoX Portal

Dogecoin Whales Record Largest Accumulation Week Since January With 2.10 Billion Tokens Bought

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Este artículo también está disponible en español. Dogecoin has achieved another historic milestone, as Dogecoin whales recorded their largest accumulation week since January 2024. Over 2.1 billion DOGE tokens were purchased during this period, underscoring the resurgence of interest and renewed confidence in the doggy-themed meme coin among prominent large-scale investors.  Dogecoin Whales Set New Accumulation Record  Over the past week, Dogecoin whales have been on a significant accumulation trend, buying more DOGE tokens than ever since the beginning of this year, when the positive sentiment surrounding meme coins was…