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Crypto.com will provide VerifiedX with $1.5B in institutional-grade custody and liquidity support. Partnership enables institutions using VerifiedX to securely store and transact assets via Crypto.com Custody. Integration builds on earlier collaboration linking Crypto.com Pay and on-ramps to Switchblade Wallets. Crypto.com and the VerifiedX (VFX) Network (VerifiedX.io), a global leader in self-custody and Web3 wallet infrastructure, have announced a partnership under which Crypto.com will provide secure, institutional-grade custody and liquidity support for $1.5 billion in assets, along with OTC trading capabilities. […]

Ether holders on the exchange can borrow up to $1M in USDC using ETH as collateral. That ensures access to liquidity/cash without selling their holdings. The service is available in all US states, excluding New York. Leading exchange Coinbase has introduced a new feature that will likely reduce selling pressure amid the current broader crypto market turmoil. The trading platform has launched Ethereum-backed loans, allowing users in most American states to access on-chain cash without offloading their holdings. Notably, borrowers […]

Avalanche is set to power a new era of royalty payments on-chain. The blockchain platform is partnering with Record Financial, a pioneering technology firm in the music industry. Collaboration will allow Record to harness the power of blockchain to deliver instant, verifiable payouts. The Avalanche team announced its collaboration with Record on Thursday, a move that could accelerate payments as well as empower creators amid blockchain adoption across creative economies. AVAX, the native token of Avalanche, has gained slightly as […]

Nillion price fell more than 50% as altcoins battled sell-off pressure. The team has accused a market maker of dumping the platform’s native token. Despite the price dump, the team has initiated a token buyback using treasury funds. The price of Nillion (NIL), a token associated with a private computing network that champions data privacy, has crashed sharply over the past 24 hours. As cryptocurrencies tanked amid macro jitters, the small-cap token’s price plunged from above $0.21 to under $0.10. […]