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, […]
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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
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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
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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 »
In a groundbreaking move for the crypto finance sector, Nexo has announced it will begin accepting NFTs as loan collateral. The move by Nexo further integrates NFTs into the crypto finance sector in a way that recognises their value as financial instruments with wider application than just as collectables. Although only NFTs from the two most
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In its first external funding round, New York based crypto finance platform Gemini has announced $400 million in new investment from venture capitalists and other investors. The growth equity round has been led by Morgan Creek Digital with Marcy Venture Partners, 10T, ParaFi, Newflow Partners also contributing. Also noteworthy is the presence of the Commonwealth
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The bZx / Fulcrum team has hired crypto lawyer Jason Gottlieb as it continues its pursuit of lost funds – and has begun voting on its proposed compensation plan DeFi protocols have borne the brunt of several recent attacks and security breaches, causing investor losses running into the millions. The bZx Phishing Attack On November
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According to its latest ‘Transparency Report’ the Cake DeFi platform experienced macro challenges to its growth this year, as it plans its expansion into tokenized stocks, commodities, and precious metal offerings in the near term. Since its 2019 launch, Singapore based Cake DeFi says it has grown to over 270,000 users and has over $700
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In a new report, the Biden administration’s Working Group on Financial Markets details what it believes are the dominant risks posed by currencies like Tether and USDC – and recommends the US Congress enacts new stablecoin laws. The Working Group on Financial Markets (PWG) worked with the Federal Deposit Insurance Corporation (FDIC) and the Office
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Bug bounties and contract audits are providing ineffective platform security as Cream Finance is forced to offer a 10% reward to the attacker who exploited its smart contract and stole $130 million worth of tokens. In the October 27th exploit of a ‘Flash Loan’ against Taiwan based Cream Finance, the company says an attacker flash
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