Tag: CryptoBacked

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Crypto-Backed Candidates Notch Wins in Three US State Primaries

Several Democrats and one Republican who were supported by more than $8 million worth of ads funded by cryptocurrency-aligned political action committees (PACs) won...

Tether’s $23 Billion Gold Hoard Is Moving Into Crypto-Backed Lending

Tether’s gold-backed token XAU₮ is moving into lending through Ledn.It allows eligible XAU₮ holders to borrow against tokenized gold without selling their exposure.Tether is...

Crypto-Backed GOP Candidate Wins Alabama Senate Runoff with June Primaries Looming

More than $12 million in crypto-aligned political action committee (PAC) media buys helped propel Barry Moore to victory in Tuesday's Alabama Republican US...

Kraken Launches Flexline, Crypto-Backed Lending Product for Builders and Traders

Kraken introduced Flexline, a lending product that accepts cryptocurrency as collateral at 10–25% APR fixed rates, targeting crypto-native businesses and high-net-worth individuals excluded from...

Crypto-Backed Republican Candidate Wins Indiana Congressional Primary

A Republican US House of Representatives member running for reelection has won his party’s primary after crypto-affiliated groups contributed more than $500,000 in...

Coinbase and Better Launch Crypto-Backed Mortgages With Fannie Mae Backing

Borrowers can pledge Bitcoin or USDC as down payment collateral without triggering a taxable event.Coinbase and Better Home & Finance announced a partnership on...

Coinbase, Fannie Mae to Enable Crypto-Backed Mortgages

In brief Fannie Mae will accept crypto-backed mortgages for the first time, allowing borrowers to pledge Bitcoin or USDC as down payment collateral. The program operates...

Coinbase, Fannie Mae bring crypto-backed mortgages to home buyers

U.S.-listed cryptocurrency exchange Coinbase (COIN) is working with Fannie Mae-approved mortgage firm Better Home & Finance Holding Co. (BETR), to enable crypto holders to...

Stratton wins Illinois Senate primary, defeating crypto-backed Krishnamoorthi

Illinois Lieutenant Governor Juliana Stratton is poised to become the next Senator from the state after winning the Democratic primary Tuesday night, defeating Representative...

Crypto-Backed PAC Spends $8.6M in Illinois Races ahead of US Midterms

Fairshake, the political action committee backed by crypto companies Ripple Labs and Coinbase, among others, has reported additional spending on Illinois congressional races with...

Kraken Launches Flexline Crypto-Backed Loans with 10–25% APR

Crypto exchange Kraken has launched Flexline, a crypto-backed loan product that allows Kraken Pro users to borrow against their digital asset holdings without selling...

Coinbase’s Crypto-Backed Lending Product Expands to XRP and DOGE

In brief Coinbase’s crypto-backed lending product has expanded to several altcoins. Those include XRP, Dogecoin, Cardano, and Litecoin. The product faced a wave of liquidations earlier this...