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Neobanking service provider Bitwala on Thursday introduced a new account that offers its 80,000 European customers passive bitcoin (BTC) income. The Bitwala Interest Account allows users to earn up to 4.3% interest per annum for BTC held at the bank. According to the Berlin-based company, account holders can buy bitcoin at Bitwala from as little … Read more
This week filmmaker Torsten Hoffmann launched the cryptocurrency-infused documentary “Cryptopia: Bitcoin, Blockchains and the Future of the Internet.” Cryptopia discusses the powerful economy and flourishing ideas that stemmed from Satoshi’s invention through the eyes of some of the industry’s well known movers and shakers. Cryptopia: Bitcoin, Blockchains and the Future of the Internet The three-time … Read more
Bitcoin Cash startup General Protocols has raised more than $1 Million seed for its DeFi vision. Go to Source Powered by WPeMatico
MakerDAO governance token holders voted to accept wBTC as the fourth collateral asset in the Maker DeFi Protocol. Go to Source Powered by WPeMatico
The DeFi sector will continue to grow in the future despite the difficulties that the industry has faced since the beginning of 2020, but be careful by choosing whom to trust. Go to Source Powered by WPeMatico
Decentralized finance project dForce has reportedly refunded all users affected in a recent $25 million hack Go to Source Powered by WPeMatico
Cryptocurrency lender Dydx advanced a total of $1.14 billion in digital asset loans over the past 12 months. But about 70% of the money was borrowed in just two months, February and March, as coronavirus-linked volatility triggered a frenzy of borrowing among investors. Monthly volume remained below $100 million in the nine months to January … Read more
While decentralized finance (defi) solutions have grown popular on the Ethereum blockchain, developers have recently created similar systems by leveraging BTC’s network. A project called Atomic Loans claims to offer a noncustodial bitcoin-backed stablecoin solution, while Money on chain a new smart contract built on the RSK protocol, also offers a stablecoin token. An Attempt … Read more
DeFi lending protocol dYdX has processed more than $1.1 billion in loans in its first year of operation Go to Source Powered by WPeMatico
The Maker Foundation is being sued in a class-action lawsuit for $28 million over the March 12 event that caused over $2 million in liquidations. The lawsuit alleges that the team behind the Makerdao project did not explain the extreme risk of loss to investors. Also read: ETH Price Strains Defi Collateral Loans as ‘Black … Read more
