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Waves Powers Russia’s First Reported Crypto-Backed Bank Loan

boss Cryptocurrency Market, News

Expobank, a commercial bank in Russia, has reportedly issued the country’s first ever loan backed by cryptocurrency.According to an Aug. 19 report by local news agency Kommersant, Expobank provided the credit through issuing an individual bank loan powered by Waves (WAVES) tokens.Waves CEO and founder Alexander Ivanov confirmed the news

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Users’ Funds Are Safe Following Reported Etana Custody Breach

Cryptocurrency Market, News

Etana Custody, a custody firm that provides fiat funding services to the major cryptocurrency exchange Kraken, was reportedly breached on April 18.Despite an unauthorized party infiltrating Etana’s system, a spokesperson from the company indicated to reporters that no client funds were impacted.A widely quoted memo from Etana Custody states that

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