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Voyager Digital Secures Loans From Alameda to Safeguard Its Assets

The loan will be in two parts. The first is a cash/USDC-based credit facility with an aggregate principal amount of $200 million. The second revolving credit facility is for 15,000 BTC. Voyager will only use the credit facilities if needed to safeguard customer assets, the broker said in a statement on Friday.

Miladys NFT Prices Tumble After Creator Doxxes Self as Person Behind Controversial 'Miya'

The collection amassed huge popularity in crypto circles but its creator has now acknowledged being the person behind a pseudonymous account allegedly linked to hate and a suicide cult.

Stablecoin is gaining currency in Africa

As more and more African countries express their interest in launching digital currencies backed by central banks, three are considering the adoption of private-based virtual digital assets, which could bring greater currency stability. Cameroon, the Democratic Republic of Congo (DRC) and Congo Brazzaville have all announced their intention to adopt cryptocurrency and blockchain-based solutions. The...

Bitcoin now legal currency in Central African Republic

The Central African Republic has adopted bitcoin as legal tender, the president’s office said on Wednesday, becoming the second country in the world to do so after El Salvador. A bill that made bitcoin legal tender alongside the Central African franc (CFA) and legalised the use of cryptocurrencies was unanimously adopted. President Faustin-Archange Touadéra signed...

Why We Need Crypto Payments to Work

If Mozilla’s more welcoming policy is emulated, and one hopes it is, it offers stablecoin issuers a window. But this window comes at a price. If stablecoins are ever going to compete in a meaningful way with the card networks, they need to dissociate themselves from proof-of-work. That may mean avoiding expansion to proof-of-work blockchains....

Bit Digital Partners With BitMine to Host 7K ASIC Miners

Crypto miners Bit Digital (Nasdaq: BTBT) and BitMine Immersion Technologies have signed a letter of intent to establish a hosting relationship that will start with 7,000 current-generation ASIC miners. The move comes several months after New York-based Bit Digital fully exited the Chinese market after the mining ban, shifting its focus to North America.
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