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MiCA Regulations Will Make Crypto Safer

Although its implementation is still months away, the European Union’s Markets in Crypto-Assets (MiCA) regulations will draw a clear line between compliant and non-compliant crypto asset service providers. Many consider the promise of the European Union’s Markets in Crypto-Assets (MiCA) regulation to be a very good first step in creating consistent international regulation on crypto

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BlockFi Halts Withdrawals

BlockFi: Hiring Advisers, Says Goal Is “Maximizing Value” For Clients

In an email to clients, BlockFi admits significant exposure to FTX, says it has engaged financial advisers and that its aim is “maximizing value for all of our clients.” In its first communication to customers since it paused withdrawals, BlockFi says it is “deeply saddened to see the devastation that is cascading across an industry

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Best Stablecoin Borrowing Rates

Best Stablecoin Borrowing Interest Rates

Updated June 9th 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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