Crypto Lending

Crypto Earn

The Crypto ‘Earn’ Sector Is Under Siege in the United States

Crypto ‘earn’ products are retreating from the US as numerous agencies and states take action against the platforms offering yield on cryptocurrency staking, lending and borrowing. The future of the crypto ‘Earn’ sector in the United States seems to be at a crossroads. With regulatory bodies taking an increasingly aggressive stance, crypto platforms are having

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Best Defi Yield Platforms

Best Crypto Yield and Borrowing Platforms

Crypto yield and borrowing platforms fall into two primary categories – decentralized platforms like Compound and AAVE, and centralized platforms like Nexo and YouHodler. Both platform types deal in providing crypto yield as interest for depositors and crypto loans for borrowers. The primary difference between the two is that centralized platforms take a hands-on approach to setting interest

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Locked Account Holders Sell Their FTX, Celsius and BlockFi Accounts

With bankruptcy proceedings for failed crypto platforms likely to take many years, customers with locked funds are moving to sell their accounts in online marketplaces. In what was the first major crypto exchange implosion, the Mt. Gox exchange declared bankruptcy in 2014. Nine years later its account holders still have no confirmed date for a

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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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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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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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