Coinbase Launches Crypto Lending for US Institutional Investors
Coinbase has reportedly launched a crypto lending service for institutional investors in the United States to capitalize on the crypto lending market’s enormous failures. Bloomberg reported on September 5 that Coinbase has discreetly launched an institutional-grade crypto lending platform, Coinbase Prime, for U.S. investors. Coinbase Prime is a prime brokerage platform that allows institutions to […]
Crypto Venture Capitalists to Invest in Blockchain Gaming, NFTs
A group of cryptocurrency venture capitalists has created a $20 million fund to invest in undervalued Web3 projects and companies focused on blockchain gaming and digital collectibles. Alpha Protocol Ventures (APV) will seek to invest in various Web3 ecosystem initiatives, its CEO and founder Vagelis Diamantis told Cointelegraph via email. According to him, gaming and […]
CBDCs Will Displace Private Banks – Russian Lawmaker
According to a Russian lawmaker, central bank digital currencies (CBDCs) and blockchain technology will likely displace traditional institutions. RIA reported that Anatoly Aksakov, chairman of Russia’s parliamentary financial committee and a prominent Bitcoin skeptic, has predicted that the traditional banking system will “fade away” by adopting the digital ruble. “I believe the role of banks […]