Fidelity and Nexo partners to offer lending services
Nexo, a lending institution, has partnered with Fidelity to investigate new products and tri-party loan agreements for institutional investors. Nexo, a lending startup, has teamed with Fidelity , an institutional custodian, to bring professional bitcoin products to market, according to a statement released Tuesday. Fidelity’s enterprise-grade infrastructure will be used by the lender to enhance […]
Chainlink Labs hires ex Google chief as a strategic advisor
Former Google CEO Eric Schmidt has joined Chainlink Labs as a strategic advisor. Eric Schmidt has joined oracle solutions supplier Chainlink Labs as a strategic advisor. Schmidt was the chief executive officer of Google until 2011 and then served as executive chair at the internet company and its parent company Alphabet. Schmidt will lead Chainlink’s scaling strategy in its use of oracle networks to activate smart contracts, […]
DraftKings partners with NFLPA to launch a gamified NFT collection
The NFTs marketplace will see a new addition as DraftKings and the National Football League Players Association (NFLPA) plans the launch of a gamified NFT collection of the NFL’s players in the upcoming season. The National Football League Players Association, or NFLPA, has announced the start of a gamified nonfungible token, or NFT, collection on […]
Violating the Indian crypto law may attract a fine or even jail sentence
India’s stance on compliance with crypto laws remains unshaken as the country has proposed legislation that will see offenders of the law paying a fine of about $2.7million or even up to a year and a half jail time sentence. Non-compliance with the Indian government’s crypto laws could result in a fine of up to […]
21Shares Lists Its First Two Exchange-Traded Notes On Nasdaq Stockholm
The launch of new products like 21Shares ETNs is a fantastic approach to modify the paradigm for more conservative investors looking for an extra layer of protection. The first two Exchange Traded Notes (ETNs) on the Nasdaq Stockholm exchange were issued by 21Shares , one of the largest issuers of digital currency investment products, allowing […]