News

BlockFi Interest Rates

BlockFi To Raise Deposit Rates From August 1st

Following on from its $400 million revolving credit deal with FTX, BlockFi has announced that from August 1st it will be increasing the yield it offers for deposits on several major stablecoins and cryptocurrencies. The company says it will be increasing its rates for BTC, UNI, USDC, GUSD, PAX, BUSD, and USDT in the BlockFi …

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Cake DeFi Gaming News

Cake DeFi Taps Gamer Market With Razer Silver

Cake DeFi has entered a partnership with the gaming loyalty rewards program Razer Silver which will allow Razer Silver customers to exchange their loyalty credits for Cake DeFi vouchers via the Razer Silver Rewards catalog. As part of the deal, Cake DeFi will be listed and promoted on the Razer Silver website. By clicking on …

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Best Stablecoin Borrowing Rates

Best Stablecoin Borrowing Interest Rates

Updated July 22nd 2022. This article surveys the current borrowing interest rates for the major stablecoins across crypto lending platforms. One issue with Bitcoin, Ethereum and other so-called ‘altcoins’ is that many investors are hanging on to them for the long term. Oftentimes, however, they’re interested in other more speculative short term crypto investments but …

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Coinloan Delisting Story

Coinloan Delists DeFi Tokens UNI, COMP, SUSHI, YFI and AVX

Crypto finance platform Coinloan has announced it has begun the process of delisting a range of once-popular DeFi tokens due in part to insufficient demand.  Estonia based Coinloan says the delisting of the DeFi assets will start immediately and will be completed by June the 5th. It blames low customer demand and “other business considerations” …

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DeFi Security Banner

Security – The Giant Problem DeFi Doesn’t Want To Talk About

The DeFi ecosystem lost $1.22 billion dollars to hackers in the first three months of 2022 – a massive sum that threatens the sector’s very existence.   Decentralized Finance protocols are harder to run than they look. There are multiple points of failure for platforms including smart contract exploits, flash loan attacks, and rug pulls by …

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BlockFi Interest Rates

BlockFi Overhauls Interest Rates – Up and Down

From May 1st BlockFi has announced a major review of its interest rates – both up and down. In an announcement to account holders in late April, BlockFi says its deposit interest rates for BlockFi Interest Account (BIA) holders will be decreasing for stablecoins and several major cryptocurrencies including Bitcoin and Ethereum. At the same …

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Trezor Mailchimp

Trezor Warns: Users Targeted After Mailchimp Hack

Trezo says its users are being targeted in phishing attacks after Trezor user’s data stored on Mailchimp servers was recently hacked. Updated April 17th. In an incident that highlights the risks of crypto companies relying on the security of third parties, Czech Republic-based Satoshi Labs is warning its users to never reveal their seed phrases …

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Celsius Earn News

Celsius Stops ‘Earn’ Product For US Customers

The ripple effect of February’s $100 million BlockFi settlement with the SEC continues, with Celsius Network ending its Earn product for new unaccredited investors in the US In an email to its users on the 16th of April, Celsius Network has advised that effective immediately it will no longer offer an ‘Earn’ product for unaccredited …

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