Reading Time: < 1 minute Binance has recently implemented the function of borrowing cryptocurrencies using NFTs as collateral.
Day: May 25, 2023
Stably Launches #USD as the First BRC20 Stablecoin on the Bitcoin Network
Reading Time: 3 minutes Renton, United States, May 25th, 2023, Chainwire Stably, a leading Stablecoin-as-a-Service (SCaaS) and fiat on/off-ramp infrastructure provider for Web3 projects, is aiming to revolutionize the nascent Bitcoin ordinals market by…
USDT’s Market Cap Hits 1-year High
Reading Time: < 1 minute Tether (USDT) reached a market capitalization of $83.027 billion on May 24, a level not seen since the beginning of May 2022.
Herencia Artifex, an NFT project for artistic collaboration across genres, sells the first of NFT
Reading Time: 2 minutes Tokyo, Japan, May 25th, 2023, Chainwire Herencia Artifex promotes collaboration across art world boundaries and provides a venue for artists of different backgrounds and styles to come together and produce…
Changpeng Zhao Believes China May Soften its Stance on Cryptocurrencies
Reading Time: < 1 minute Changpeng Zhao believes that Beijing is slowly heading towards a change of attitude as seen by the Central Bank licensing crypto companies in Hong Kong.
Ripple Acquires Pantera Capital’s Stake in Bitstamp
Reading Time: < 1 minute Fintech company Ripple Labs acquired a minority stake in the cryptocurrency exchange Bitstamp in the first quarter of 2023.
