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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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Rocifi Banner

RociFi Raises $2.7M In Seed Funding To Lend Money To Anonymous DeFi Users

RociFi, a decentralized zero and under-collateralized lending protocol, has announced completing a seed funding round of $2.7 million USD (closed in November 2021) from Arrington, Goldentree, Nexo, LD Capital and Skynet Trading. RociFi’s decentralized lending protocol is designed to facilitate zero and under-collateralized loans for institutional and retail DeFi borrowers. RociFi has developed a protocol …

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What Is Fireblocks

What Is Fireblocks?

Fireblocks is fast becoming a dominant provider in the cryptocurrency custody and insurance space. This article investigates the company and reveals how it differs from other providers like BitGo. Since 2009, Bitcoin has been helping individuals and organizations around the world exchange value with each other in a decentralized and permissionless manner. Bitcoin and other …

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