GoMining introduced Instant Funds, a feature enabling eligible digital Bitcoin miner NFT holders to use their miners as collateral to borrow stablecoins like USDT or USDC without selling the miners. Users can access up to 30% of the miner's value with a 30-day term at 0% APR, paying a small origination fee. The miners continue to earn Bitcoin rewards during the loan, but if the loan-to-value ratio hits 60%, a buyback period starts and rewards are forfeited. Initially, only miners with energy efficiency of 12 W/TH or better qualify, with plans to expand eligibility over time. This feature is available in supported markets via the GoMining app and requires KYC verification.
Grayscale's Zach Pandl highlights that the US Treasury's bond repurchases aim to ease pressure from soaring government debt, which recently surpassed $40 trillion. While these repurchases may reduce Treasury supply and stimulate the economy, they don...
World Liberty Financial's proposed US trust bank has secured a significant investment from Sheikh Tahnoon bin Zayed Al Nahyan's group, which controls 49% of the holding company behind the bank. Another 38% is reportedly owned by an entity affiliated ...
Bitcoin surged above $80,000 following Nvidia's Q2 revenue of $96.2 billion, beating forecasts by $4 billion and boosting tech stocks. US spot Bitcoin ETFs saw $242 million in net inflows on August 27, marking nine straight days of gains and the stro...
XRP's derivatives market is experiencing the highest sell pressure of the year, even as open interest and whale-sized orders increase. This indicates a tug of war between buyers and sellers, with futures flow currently dominated by sellers. While XRP...
Virtuals Protocol has introduced programmable agent wallets that enforce owner-set spending limits and kill switches at the signing layer, protecting funds from AI prompt injection attacks. These wallets operate independently of the AI's decision-mak...
