Investment Advisor Two Prime Sees $2B in Demand for Bitcoin-Backed Loans
“We have seen about $2 billion in demand for bitcoin-secured loans since we started offering them in September,” Two Prime’s Alexander Blume said.
TrustWallet’s TWT Falls as Parent Company Binance Releases Web3 Wallet
Binance acquired TrustWallet in 2018 in a deal that included cash and BNB tokens, which at the time were worth $14.80.
Grayscale Chainlink Trust Zooms to 200% Premium, Indicating Institutional Demand for LINK
The trust is one of the only ways for institutional investors to gain exposure to LINK tokens through a regulated product.
Binance Rolls Out Its First Ever Self-Custody Web3 Wallet
Users can download and access the wallet through Binance’s app.
Ripple Broadens Remittances Between Africa, Gulf States, UK and Australia
At its annual conference, Ripple also announced product enhancements and license updates, including a focus on payments between enterprises and smaller businesses.
Crypto’s Bromance With U.S. CFTC May Be One-Sided
The industry’s open preference for the CFTC over the SEC has been answered with record enforcement actions showing the CFTC’s enthusiasm for punishing crypto wrongdoing.
U.S. Consumer Finance Watchdog Wants to Oversee Major Tech, Some Crypto Payments
A proposed rule would let the CFPB supervise nonbank payment providers and transactions between people, including some crypto transactions.
Robinhood to Expand Crypto Trading Into EU, Plans to Start UK Brokerage
The crypto trading platform for EU will open in “coming weeks,” said the company.
Bitcoin Squeezes to $35.5K as ‘Mini Altcoin Season’ Lifts Crypto Market Cap to $1.3 Trillion
Capital rotation from bitcoin to altcoins accelerated further but steady inflows into BTC funds compensated, one analyst noted.
The Crypto Industry Responded to the IRS Proposed Broker Rule
Some people are concerned about privacy. Some about veri. And some about…Richard Heart?