Ledn: Financial Institutions Explore Bitcoin-Backed Lending
Lower interest rates and increasing crypto adoption are encouraging more financial institutions to embrace Bitcoin-backed lending. Financial institutions are increasingly entering the Bitcoin-backed lending space as Bitcoin adoption continues to grow among investment managers, while fiat interest rates become more restrictive, according to a statement by Bitcoin-backed lending platform Ledn to Cointelegraph on Sept. 25. Institutional […]
Indian Supreme Court Regains YouTube Account from XRP Scammers
XRP scammers hacked the Supreme Court of India’s YouTube account, although, while it recovered, it lost its subscriber base. The Supreme Court of India quickly regained control of its official YouTube account after it was hijacked by cryptocurrency scammers promoting fake XRP investments. On September 20, hackers took over the Supreme Court’s YouTube account and […]
Powerledger Joins Solana Mainnet Ecosystem
Powerledger co-founder John Bulich says the expansion underscores “that sustainability is a common goal that transcends ecosystems.” Australian energy tech company Powerledger has announced its expansion into the Solana ecosystem, emphasizing shared values with the blockchain network as interest in Regenerative Finance (ReFi) grows. “At the heart of both Powerledger and Solana is a shared […]
Bank of Canada Says AI May Trigger Inflation
Bank of Canada Governor Tiff Macklem warns of short-term AI risks to inflation and financial stability. Bank of Canada Governor Tiff Macklem recently stated that artificial intelligence (AI) investments could lead to short-term inflationary pressures and potentially cause financial stability issues. Macklem explained that AI could influence how businesses set prices, pointing out that digitally […]
Bitget: Memecoins, P2P, and TON Fuel 1,614% User Growth in Africa
Bitget CEO Gracy Chen stated that as millions of Africans use Telegram, the rise of TON aided Bitget’s user growth in the region. Crypto exchange Bitget has reported a significant milestone, surpassing 45 million users worldwide as it celebrated its sixth anniversary. On September 18, the platform announced that its user base had nearly tripled […]