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Red Cross to Help Disaster-Riddled Communities in Kenya via Blockchain

Red Cross to Help Disaster-Riddled Communities in Kenya via Blockchain

Red Cross is eyeing to use blockchain-backed “local currencies” to help revitalize poor communities and establish a thriving economy on the foundation of smooth trades. As a result, the Red Cross societies of Kenya, Norway, Denmark, will be partnering to steer this initiative.

Expobank Sets Precedent in Russia by Issuing the First Crypto-Backed Loan

Expobank Sets Precedent in Russia by Issuing the First Crypto-Backed Loan

Russian commercial bank Expobank has set the ball rolling in this nation by issuing a loan secured by crypto tokens, Waves crypto was used as collateral.

Texas Man Charged for Using COVID-19 Small Business Relief Funds to Buy Crypto

Texas Man Charged for Using COVID-19 Small Business Relief Funds to Buy Crypto

Texas resident Joshua Thomas Argires has been charged for investing COVID-19 relief funds in cryptocurrencies

Matrixport Launches New Crypto Products with Fixed Income Investment and the Flexi-Term Investment Product

Matrixport Launches New Crypto Products with Fixed Income Investment and the Flexi-Term Investment Product

SINGAPORE - On 18th May 2020, Matrixport will introduce the Fixed Income Investment Product and the Flexi-Term Investment product, where asset security is protected by a risk control mechanism by real crypto assets guaranteed by excess pledge.

Goldman Sachs Continues Expanding Digital Assets Team, Now Looking For New VP

Goldman Sachs Continues Expanding Digital Assets Team, Now Looking For New VP

Goldman Sachs is looking for a new Vice President for its Digital Assets team to helps define and execute the investment firm’s global blockchain strategy.

The Sale of Perth Glory FC Seems Dead in the Water Based on the Crypto Firm’s Dark Past

The Sale of Perth Glory FC Seems Dead in the Water Based on the Crypto Firm’s Dark Past

The proposed sale of Perth Glory FC, an Australian soccer club, has been thrown into disarray following allegations that the potential buyers have an ongoing fraudulent misrepresentation case in the UK High Court. The claims point out that London Football Exchange (LFE), a London-based cryptocurrency company, and its owner Jim Aylward were facing a $2.2 million USD lawsuit brought forth by a Turkmenistan oil trader.

Ledger Will Provide its First Crypto Lending Partner YouHodler with Crypto Insurance

Ledger Will Provide its First Crypto Lending Partner YouHodler with Crypto Insurance

FinTech platform and crypto-backed loan service provider YouHodler has selected digital asset wallet provider Ledger Vault to be implemented across its platform, to offer its users an added layer of security and protection.

Pickle Finance DeFi Protocol Loses $19.7 Million In DAI Stablecoin in “Massive” Hack

Pickle Finance DeFi Protocol Loses $19.7 Million In DAI Stablecoin in “Massive” Hack

Pickle Finance becomes the latest DeFi Protocol to suffer from hacking, losing almost $20 million in DAI stablecoin.

Genesis Capital Breaks Previous Quarter Record With 870M in New Loan Originations in Q3

Genesis Capital Breaks Previous Quarter Record With 870M in New Loan Originations in Q3

Genesis records rising demand for cash and stablecoins

Co-Founder Jihan Wu Resigns from Crypto Mining Giant Bitmain

Co-Founder Jihan Wu Resigns from Crypto Mining Giant Bitmain

Jihan Wu, the co-founder of Bitmain, has announced that he is stepping down as the chairman of the company in light of internal power struggles.

Origin Protocol Puts $1 Million Bounty on Hacker As OUSD Stablecoin Loses Stability

Origin Protocol Puts $1 Million Bounty on Hacker As OUSD Stablecoin Loses Stability

Origin has now announced a $1 million bounty reward for anyone who can bring the hacker responsible for destabilizing its stablecoin to justice.

AAVE Price Analysis: AAVE Fails To Sustain Support At $200

AAVE Price Analysis: AAVE Fails To Sustain Support At $200

Aave price has dropped below the $200 support level it has held for days. Technical indicators show that more imminent dips are likely.

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