Home > Quick > Body

APX Lending completes $20 million financing, Cypress Hills participates

clock
2025-04-11 14:06:38
Cryptocurrency-backed loan provider APX Lending, which provides lending services backed by digital assets, has completed a $20 million financing round with participation from Cypress Hills. The company plans to use the new funds to accelerate its expansion in Canada to meet the growing demand for crypto-backed loans.
Web3 Desktop Trading Tool
Stay ahead of the game in the cryptocurrency space.

7x24 Newsflash

05:41 2025-06-15
Analyst: The probability of a 75% correction in Bitcoin is currently low
While veteran trader Peter Brandt suggested on X that Bitcoin could repeat the 2022 pattern and pull back 75 per cent, cryptocurrency analysts are sceptical. "Never say never; it just doesn't feel likely at the moment," said Pav Hundal, principal analyst at Swyftx. In November 2021, Bitcoin had hit an all-time high of $69,000, but fell by about 76% in the ensuing 12 months, falling to about $16,195 by November 2022. Brandt's question in his X post sparked widespread discussion in the community.
05:20 2025-06-15
European Commission President: Call with Trump to reaffirm the conclusion of a trade negotiation agreement by July 9
Von der Leyen, President of the European Union Commission: Having had a good call with US President Trump ahead of the G7 summit, we discussed the tense geopolitical situation in the Middle East and the need for close coordination on its impact on energy markets. We also discussed the situation in Ukraine, the need for a ceasefire and the need for continued pressure on Russia. Finally we assessed the ongoing trade negotiations and I reiterated our commitment to reach a good deal by July 9.
05:11 2025-06-15
Colossus Digital completes €1 million funding
Colossus Digital has received €1 million (approx. $1.15 million) from SBI Ven Capital. The investment, made by a joint fund backed by SBI Ven Capital, Sygnum Bank and Azimut Group, will be used to launch Colossus Digital's institutional crypto platform, which will connect regulated custodians with validators for staking and governance.
05:11 2025-06-15
Xu Zhengyu: Hong Kong and Norway Collaborate to Redefine Global Digital Finance
During a visit to Oslo, Hong Kong's Secretary for Financial Services and the Treasury, Hui Cheng-yu, said that Norway is a highly digital economy and has been promoting mobile payment systems, blockchain technology and digital asset management. Meanwhile, Hong Kong is home to about 1,100 fintech companies and start-ups. By combining Norwegian technological innovation with the ease of accessing Asian markets via Hong Kong, the cooperation between the two places is expected to promote cutting-edge...
04:52 2025-06-15
Iranian President: If Israel continues to attack Iran, there will be no Iran-US negotiations
According to CCTV news, Iranian President Pezehizyan said in a phone call with French President Macron on the 14th local time that as long as Israel continues to attack Iran, Iran will not resume negotiations with the United States. Pezehizyan stressed on the phone that Iran will not accept unreasonable demands and double standards under pressure, nor will it sit at the negotiating table when Israel continues to launch attacks.
04:49 2025-06-15
Trump warns Iran not to act rashly against the United States, which could lead to a deal between Iran and Israel
"The United States has nothing to do with the attack on Iran tonight," Mr. Trump said on social media. "If we are attacked by Iran in any form, the full force and might of the US Armed Forces will strike you at an unprecedented level. However, we can easily broker a deal between Iran and Israel to end this conflict!!"
04:22 2025-06-15
Slow Mist Cosine: Cryptocurrency security incidents occur frequently, with the highest single loss in a single week exceeding 6.50 million dollars
According to the founder of Slow Mist Cosine, in the past week, individual cryptocurrency investors have encountered a number of large-amount theft incidents, including two cases with a single loss of more than 1 million US dollars, and one case with a loss of more than 2 million US dollars, with a maximum single loss of 6.50 million US dollars. The number of small-amount theft incidents is more frequent, but the specific data is not disclosed.
04:22 2025-06-15
10X Research: A Strategy board member sold all his holdings or raised market concerns
10X Research published an analysis of listed companies in the US crypto sector on the X platform, noting that: 1. Among the listed companies deploying the bitcoin strategy, a member of the Strategy board sold all his shares, causing market concerns after insiders reduced their positions; Metaplanet's share price soared after a large-scale bitcoin acquisition plan and additional shares were issued, but the market was concerned about its equity dilution. 2. In terms of listed bitcoin mining compan...
04:19 2025-06-15
Elon Musk: "Starlink" satellite communication system has been activated, which is now in use in Iran
Mr. Musk said the Starlink satellite communications system had been activated and was now operational in Iran.
04:01 2025-06-15
Trump's Military Parade Thanks to Corporate Sponsors: Special Thanks to Our Sponsor Coinbase
Some of the 22 corporate and foundation sponsors in President Donald Trump's military parade on Saturday received special thanks through the public address system. They included Coinbase, a cryptocurrency exchange that donated $1 million to Mr. Trump's inaugural committee in January. Mr. Trump said "a special thank you to our sponsor, Coinbase."
03:54 2025-06-15
ZachXBT: The Hyperliquid Ecosystem Needs Enhanced Analytics and Compliance Tools
ZachXBT, an on-chain detective, said in a post that the Hyperliquid ecosystem urgently needs to fund the construction of better analytics and compliance integration tools to prevent major security incidents. Tracking personal asset theft is extremely difficult due to the current lack of appropriate tools for Core and EVM.
03:45 2025-06-15
A new round of Iranian missile attacks has killed and wounded more than 200 Israelis
On the 15th local time, it was learned that a new round of missile attacks launched by Iran against Israel has killed eight people and wounded 200, including four in the attack on Batyam and four in the northern city of Tamra.