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Bitcoin Interest-Bearing Accounts Were Conceived Over Ten Years Ago, but the Idea Took 8 Years to Catch On

September 8, 2022 by DIGIT
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Bitcoin Interest-Bearing Accounts Were Conceived Over Ten Years Ago, but the Idea Took 8 Years to Catch OnWhile decentralized finance (defi) has created a plethora of protocols that make it so crypto assets can gather a yield, ten and a half years ago a bitcoin exchange called Bitcoinica introduced the first interest accruing system for bitcoin deposits. Despite being the first to test the waters, Bitcoinica eventually went bust after a series […]

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Categories 2011, 2012, 8 years, Announcement, Bitcoin (BTC), Bitcoinica, Bitcoinica interest accounts, Bitcointalk.org, BTC, BTC interest-bearing account, celsius, Centralized, Centralized Exchange, Crypto Lenders, decentralized finance, defi, Early Days, Featured, hacked, Interest Bearing Accounts, interest-bearing, leverage, liquidated, maturing, maturity, mid-February 2012, Zhou Tong
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  • bitcoinBitcoin(BTC)$107,401.000.33%
  • ethereumEthereum(ETH)$2,452.441.20%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.18-0.65%
  • binancecoinBNB(BNB)$646.02-0.08%
  • solanaSolana(SOL)$143.62-1.51%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • tronTRON(TRX)$0.272276-0.21%
  • dogecoinDogecoin(DOGE)$0.162024-1.91%
  • staked-etherLido Staked Ether(STETH)$2,451.221.24%
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  • bitcoinBitcoin(BTC)$107,401.000.33%
  • ethereumEthereum(ETH)$2,452.441.20%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.18-0.65%
  • binancecoinBNB(BNB)$646.02-0.08%
  • solanaSolana(SOL)$143.62-1.51%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • tronTRON(TRX)$0.272276-0.21%
  • dogecoinDogecoin(DOGE)$0.162024-1.91%
  • staked-etherLido Staked Ether(STETH)$2,451.221.24%
  • bitcoinBitcoin(BTC)$107,401.000.33%
  • ethereumEthereum(ETH)$2,452.441.20%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.18-0.65%
  • binancecoinBNB(BNB)$646.02-0.08%
  • solanaSolana(SOL)$143.62-1.51%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • tronTRON(TRX)$0.272276-0.21%
  • dogecoinDogecoin(DOGE)$0.162024-1.91%
  • staked-etherLido Staked Ether(STETH)$2,451.221.24%