Search Results for: stablecoins

Introducing COVOLP: The Future of Crypto Leverage Trading
Cryptocurrency News Trading

Introducing COVOLP: The Future of Crypto Leverage Trading

Fintech News Desk
by Fintech News Desk0
COVOLP provides liquidity for leverage trading in the Covo Finance ecosystem. Covo Finance is a decentralized spot and perpetual exchange that enables direct trading of cryptocurrencies like Bitcoin, Ethereum, and Chainlink from crypto wallets with low fees and zero price-impact trades. COVOLP holders benefit from the trading activity on the platform, earning a profit when leverage......
Blockstream Raises USD $125 Million to Expand Mining Operations
Blockchain News

Blockstream Raises USD $125 Million to Expand Mining Operations

Fintech News Desk
by Fintech News Desk0
Leading Bitcoin infrastructure firm Blockstream has announced raising USD $125 million in convertible note and secured loan financing to expand its institutional bitcoin mining colocation services. Kingsway Capital led the convertible note, with other investors including Fulgur Ventures. Cohen & Company Capital Markets, a division of J.V.B. Financial Group, LLC,......
Blockchain Capital Markets DeFi News

Polygon’s MATIC Value Rises As Covo Finance Joins Its Ecosystem

Fintech News Desk
by Fintech News Desk0
Polygon’s Matic price has recently experienced a significant rise in value. One potential reason for the surge in Polygon’s price is the increasing interest in decentralized finance (DeFi) projects. Polygon is quickly becoming a go-to destination for DeFi projects looking to build on a fast and efficient blockchain network. The network’s low......
Blockchain Cryptocurrency Fintech News

January 2023 Mosdex Updates – Crypto Arbitrage Platform Announces Various Developments To Fuel Growth

Fintech News Desk
by Fintech News Desk0
Mosdex has been working hard to release multiple improvements to help users generate greater profits on this crypto arbitrage platform. This month’s updates involve server expansion and network upgrades, cryptocurrency support, and additional drivers. These updates will work as a 360-development tool for the platform by improving user onboarding and......
Blockchain Capital Markets Fintech News

Stablecoin Scoring System By Moody

Fintech Staff Writer
by Fintech Staff Writer0
The system will offer an analysis of the coins based on the quality of attestations on the reserves backing them, says Bloomberg, citing a source. However, it will not represent an official credit rating.Moody’s is developing a scoring system for up to 20 stablecoins, according to Bloomberg. Stablecoins are designed......
BitPay Announces New Partnership with MoonPay
Cryptocurrency News

BitPay Announces New Partnership with MoonPay

Fintech News Desk
by Fintech News Desk0
BitPay users will pay no fees on first time buys for a limited-time only BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services, has partnered with MoonPay, the world’s leading Web3 infrastructure company, to provide BitPay users with significantly increased ways to buy cryptocurrency instantly, and at great......
BNY Mellon Expands Outsourced Trading to Buy-Side Clients
Investment Services News Trading

BNY Mellon Expands Outsourced Trading to Buy-Side Clients

Fintech News Desk
by Fintech News Desk0
Further broadens the company’s trusted outsourced offerings to the front office BNY Mellon announced a new outsourced trading offering for buy-side institutions globally, including asset managers and asset owners. The offering by BNY Mellon Capital Markets, LLC will be powered by xBK, the buy-side trading division that executes more than......
Digital Payments Insights News

At Davos Universal Digital Payments Network Was Launched

Fintech Staff Writer
by Fintech Staff Writer0
The UDPN reports that several Tier 1 banks will participate in a series of proof-of-concept use cases throughout the rest of this month to demonstrate how UDPN could be used to solve current and future challenges in integrating digital currency into daily business, banking and payment scenarios.A Universal Digital Payments......
Blockchain Cryptocurrency News

Own Stablecoin By NAB

Fintech Staff Writer
by Fintech Staff Writer0
NAB is following in the footsteps of rival bank ANZ, which in June complete its first transaction for its A$DC stablecoin. For this transaction, Victor Smorgon Group used A$DC as a medium of exchange to purchase the BCAU carbon tokens from Zerocap, an Australian crypto asset investment platform.Slated for launch......
Mimo Announces the Launch of KUMA Interest Bearing Bond-Backed Tokens
DeFi News

Mimo Announces the Launch of KUMA Interest Bearing Bond-Backed Tokens

Fintech News Desk
by Fintech News Desk0
KUMA tokens, built as a smart contract compatible with most blockchains, are designed to provide holders with a reliable source of passive income through the accrual of interest on their holdings Decentralized Finance Innovator Mimo is launching “KUMA Protocol”: the first DeFi protocol issuing tokens backed by regulated NFTs, themselves......
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