Crypto News
Someone Just Took Out a $2.75 Million Loan Against This One-of-One CryptoPunk NFT
A CryptoPunk holder got one of the largest loans in on-chain history by putting up his NFT as collateral.Source link
Binance Futures Introduces MORPHOUSDT and CHILLGUYUSDT Perpetual Contracts with 75x Leverage
Binance Futures expands its offerings with new USDⓈ-Margined perpetual contracts for MORPHOUSDT and CHILLGUYUSDT, providing up to 75x leverage, as part of its strategy to enhance trading options. (Read More)Source link
Deutsche Bank Invests in Blockchain Payment Network Partior
Partior, a blockchain payment network backed by TradFi giants including JPMorgan (JPM), DBS (D05), and Standard Chartered (STAN), added Deutsche Bank (DBK) to its list of investors, the company said in a press release Wednesday.The German bank joined Partior's Series B funding round as a strategic investor, taking the total raised by the payments firm in the round to $80 million, the Singapore-based company said. Adoption of blockchain technology by traditional finance firms is growing. Last week, payments giant Mastercard said it was linking up with JPMorgan for cross-border payments on the blockchain.Deutsche Bank will also join Partior's platform as a euro and U.S. dollar settlement bank."The payments business is currently undergoing an extensive period of disruption, primarily due to...
Animoca Brands Invests in Pudgy Penguins’ Parent Igloo, Inc. to Boost Consumer Crypto
Animoca Brands has made a strategic investment in Igloo, Inc., aiming to bolster consumer crypto initiatives and the growth of its NFT-based intellectual property, Pudgy Penguins. (Read More)Source link
Judges Panel Reverses Treasury Ruling: Tornado Cash Back in Legal Spotlight
The U.S. Court of Appeals for the Fifth Circuit has overturned a lower court’s decision upholding sanctions against Tornado Cash, a decentralized cryptocurrency mixer. This decision reignites debate over privacy and regulatory limits in the cryptocurrency sector. Treasury’s Authority Challenged: Appeals Court Stirs Tornado Cash Controversy In 2022, under the U.S. Treasury Department, the OfficeSource link