Before the market downturn, lending was big business for the crypto industry. Celsius, sometimes called a “neobank,” accrued over $11 billion assets on its platform. BlockFi, which recently filed for Chapter 11 bankruptcy protection, had […]
A botched exploit attempt on rival lending protocol Aave brought scrutiny to DeFi protocols’ borrow risks earlier in this month. Source link
Crypto exchange Huobi’s token, HT, climbs 15% over the past 24 hours after the firm announced a partnership with the Commonwealth of Dominica. Blockchain developer Tron and DMC Labs will issue a national token called […]
The Reserve Bank of India will start testing its retail central bank digital currency (CBDC), the digital rupee, in Mumbai, New Delhi, Bengaluru and Bhubaneswar with the initial participation of four banks: State Bank of […]
The Spanish securities regulator (CNMV) has warned investors against putting funds in crypto-related companies. Montserrat Martinez Parera, vice president of the organization, stated that lack of control is one of the causes of the downfall […]
JPMorgan has outlined key changes it expects in the crypto industry and its regulation following the collapse of crypto exchange FTX. The global investment bank envisages several new regulatory initiatives, including those focusing on custody, […]
Appearing on CoinDesk TV, Summer K. Mersinger discussed why the need to regulate crypto will require working closely with other agencies. Source link
The head of Trustee Plus, Vadym Hrusha, told CoinDesk that it’s simply wrong to integrate a government service with a foreign company. Ukraine has its own local crypto exchanges and payment services, “with a product […]
“Regionally, the negative sentiment was focussed on the U.S., Sweden and Canada, which all saw either outflows from long investment products or inflows into short products,” said James Butterfill, head of research at CoinShares. “Germany […]
The largest decentralized lending protocol MakerDAO previously approved a plan to invest $1.6 billion with Coinbase Prime for an annual yield of 1.5%, but this latest plan didn’t fly. Source link
Copyright © 2021|