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Kraken Develops NFT Trading Platform, Offering Token-Backed Loans
Kraken joins the race of offering NFTs custodial services to take a piece of the pie in the $7 billion NFT market that continues soaring in popularity.
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NFT-collateralized Loan Platform Arcade Raises $15M in Series A Financing
Focusing on using NFT as loan collateral, Arcade raised US$15 million in Series A financing which was led by Pantera Capital, Castle Island Ventures, and Franklin Templeton Blockchain Fund.
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Argo Blockchain Secures $20M Loan to Build Out West Texas Mining Facility
London-based Argo blockchain has secured a $20 million loan from Galaxy Digital, providing momentum as a driving force to expansion.
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Tried and Failed: Maker Foundation's Attempt to Patent "DeFi"
Set out to rid the decentralized finance space, free from scammers, DeFi creators tried to patent the term ‘DeFi’. However, this was short-lived as the United States Patent and Trademark Office rejected the registered application last January.