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Teck Resources to split company, spin off steelmaking coal business
67% Left coverage: 9 sources
BusinessRedwood Materials has secured a conditional commitment for a $2 billion loan from the Department of Energy. The loan is part of the Biden Administration's bid to build up a supply chain for EVs in the United States. Redwood recently began producing anode copper foil at its Nevada headquarters and expects to begin cathode qualification later this year.
U.S. set to loan Redwood Materials $2 bln for EV materials plant
58% Center coverage: 12 sources
CryptocurrencyThe much-anticipated Djed stablecoin is scheduled for launch next week. When launched, Djed will become the first decentralized and overcollateralized stablecoin built on Cardano. The news is yet to impact the price of Cardano's native token, ADA. At press time, ADA was trading at $0.36.
Cardano-Based Overcollateralized Stablecoin Djed to Launch Next Week
100% Center coverage: 1 sources
Report · IranThe Central Bank of Iran is reportedly cooperating with the Russian government to jointly issue a new cryptocurrency backed by gold. The potential cryptocurrency would operate in a special economic zone in Astrakhan. Iran and Russia are among the countries that banned their residents from using cryptocurrencies like Bitcoin.
Iran and Russia want to issue new stablecoin backed by gold
34% Center coverage: 3 sources
Taseko to increase stake in BC's Gibraltar copper mine
Coverage: 8 sources
Business · New YorkPaxos officially announced that it would end its relationship with Binance for the branded USD-pegged stablecoin BUSD.
Paxos to Stop Minting Stablecoin BUSD Following Regulatory Action
62% Center coverage: 8 sources
Cryptocurrency ExchangeDutch central bank fines U.S. cryptocurrency exchange 3.3 million euros. DNB says it failed to obtain correct registration in the Netherlands before offering services.Coinbase said it disagreed with the DNB's decision and was considering an appeal. The fine mirrors one handed to Coinbase rival Binance in July.
Dutch central bank fines cryptocurrency exchange Coinbase 3.3 mln euros
60% Center coverage: 5 sources
Business · New YorkCryptocurrency lender Genesis Global Capital is planning to file for bankruptcy as soon as this week, Bloomberg News reported on Wednesday, citing people with knowledge of the situation.
Crypto lender Genesis preparing to file for bankruptcy
55% Center coverage: 29 sources