Blockchain
CoinLoan Is Excited to Report 2021 Results
Tallinn, Estonia–(Newsfile Corp. – February 25, 2022) – In line with the global crypto boom of 2021, CoinLoan has announced stellar annual results. While the sector saw its market cap soar by 187.5%, the only EU-regulated crypto company gained 9x more active users. Its exchange volumes rose by a whopping 2,409%.
The CoinLoan growth metrics for the year of 2021 set a record
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These impressive figures are the result of CoinLoan’s thriving innovation. It is now working on the Visa Debit Crypto Card, a cutting-edge method for storing, exchanging, and spending fiat and crypto. The company aims to build a secure and regulated ecosystem for the crypto community with a broad spectrum of services in one place. At the moment, it offers:
- Crypto wallet – deposits shot up by 434%
- Savings accounts in crypto – 1,718% jump in deposits
- Crypto-backed loans – 2000% boost
- Crypto exchange – 240x bigger volumes
The extent of CoinLoan’s offering underlies its success. Last year, it added eight new cryptocurrencies for clients to sell, buy, swap, use as collateral for instant loans, and deposit to earn interest. In addition, the company has announced a series of updates for its mobile app and web platform. The enhancements include better transparency, on-demand financial reporting, and new features for corporate users.
Alex Faliushin, CEO of CoinLoan, commented on the report figures: “Our strong culture and values are the results of a business built on specialization, team spirit, integrity, and accountability. Our values shape how we conduct our business, provide services to our customers, interact with each other, and support our community. We put a strong emphasis on quality and security, scanning and crash-testing our system daily to make it stronger, and partnering with white-hat hackers to keep it ironclad.”
In January 2022, CoinLoan unveiled its one-of-a-kind system for partial loan repayments. It will add more coins, introduce margin trading, enable connection to tax services, and continue enhancing its existing services. The company takes pride in its customer-centric approach and will continue to listen to its users and support them with new value-adds.
To view the CoinLoan 2021 Annual Report, please click here.
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About CoinLoan
CoinLoan, a crypto business established in 2017, is the only EU-licensed company in its segment. Users of its multifaceted digital platform can use cryptocurrencies as collateral for instant loans, gain attractive APY on interest accounts, exchange coins and tokens, and access corporate services. Insurance on digital assets and stringent security standards provide comprehensive bank-grade protection.
The company’s praiseworthy levels of user satisfaction result from its highly competitive conditions. CoinLoan offers attractive loan and APY rates, transparency, and around-the-clock human support. Users can manage a broad, ever-growing set of assets, including crypto, fiat currencies, and stablecoins.
CoinLoan’s ultramodern technology and progressive partnerships reflect its drive for innovation. It is perpetually enhancing its offerings, providing clients with new opportunities in the crypto market.
For more information, please visit us at https://coinloan.io/
Editorial contacts:
Alla Lapidus / Alice Jiga
CoinLoan
Email: [email protected]
Tel: +1 (657) 220-1706
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/114853
Blockchain
Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users
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Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
Blockchain
CoreNest Capital Announces Strategic Investments in SpaceX, CTGT, Open Clinic, Asha Health, CollectWise, Curo, Hybrd, and Study Dojo
OpenAI, xAI, SpaceX, Weave Robotics, Blaze Payments, Domu AI, Phonely AI, Andromeda Surgical, Texture Capital, Artisan AI, Piramidal,Avatar Medical, OpenCall, Fleak AI, Algorized, itsElectric, Dili, CTGT, Open Clinic, Asha Health, CollectWise, Curo, Hybrd, Study Dojo, Sologenic, Coreum, Pulsara
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