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” […]
Coinloan Delists DeFi Tokens UNI, COMP, SUSHI, YFI and AVX Read More »
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
Security – The Giant Problem DeFi Doesn’t Want To Talk About Read More »
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
BlockFi Overhauls Interest Rates – Up and Down Read More »
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
Trezor Warns: Users Targeted After Mailchimp Hack Read More »
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
Celsius Stops ‘Earn’ Product For US Customers Read More »
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
RociFi Raises $2.7M In Seed Funding To Lend Money To Anonymous DeFi Users Read More »
For the second time in three months, Hodlnaut has announced plans to lower its deposit rates as crypto volatility continues to impact crypto finance platforms. Interest rates for deposits on most coins via DeFi platforms have fallen significantly since last November. For example, as the Bitcoin price peaked around US$68,000 on November 10th last year,
Hodlnaut To Lower Deposit Rates Read More »
The Play to Earn gaming model and associated platforms surged in 2021 with titles like Axie Infinity and Decentraland adding millions of new players. So what’s behind the phenomenon, is it really all fun and games – and what potential does it have to disrupt the gaming sector overall? Play to Earn is taking gaming
Play to Earn & NFT Games: Investor Insights Read More »
Metaverse land is a new frontier for property investors and developers in the digital realm. This article explores what Metaverse land is – and how to buy it. The word metaverse shot to prominence in late 2021 following the Facebook rebrand to Meta and its decision to fully explore the space. This triggered a chain
What Is Metaverse Land? Read More »
Mooloo data reveals deposit interest rates from popular DeFi platform C.R.E.A.M are consistently the most volatile across the crypto-finance sector. Although many consider the Decentralized Finance (DeFi) sector as poised to take on legacy financial services markets, data gathered by Mooloo throughout 2021 shows the level of interest rate volatility amongst DeFi platforms continues to
Defi Platform C.R.E.A.M’s Interest Rates Are Consistently Crypto’s Most Volatile Read More »
