Aave v3 fork debuts noncustodial liquidity markets on Base
Seamless Protocol, a fork of Aave v3 deployed on Base, enables smart contracts with predetermined borrowing strategies to conduct undercollateralized borrowing on-chain. Go to Source
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Crypto Biz: Coinbase’s lending bet, a new ads policy at Google and Marathon’s mining performance
This week’s Crypto Biz explores Coinbase’s lending platform, Marathon Digital’s latest Bitcoin mining report, Hana Bank’s move to offer crypto custody and Google’s new crypto ads policy. Go to Source
Coinbase launches crypto lending platform for US institutions
Coinbase’s new institutional lending service has the same operating entity as Coinbase Borrow, which halted issuance of new loans in May. Go to Source
BlockFi opens crypto withdrawals for eligible US users following court order
The lending platform halted client withdrawals amid filing for bankruptcy in November 2022, but later petitioned the court for authorization to return user funds. Go to Source
CRV exposure risk throws a curveball at the DeFi ecosystem: Finance Redefined
Most DeFi tokens traded in the red on weekly charts due to the chaos caused by the Curve Finance exploit. Go to Source Powered by WPeMatico
Curve founder looks to unexpected counterparties to rescue sinking DeFi loans
Michael Egorov is attempting to pay off his mountain of DeFi debts by selling CRV at a discount. Go to Source Powered by WPeMatico
Bankrupt Celsius to spend $24M from GK8 sale on legal expenses
After buying GK8 for $115 million in 2021, Celsius is selling it for $25 million, spending 96% of the sale proceeds on legal fees. Go to Source Powered by WPeMatico
Everything that’s happened with Celsius and Alex Mashinsky so far
A look back at the rise and fall of Celsius, starting with the firm’s growth during the pandemic to the arrest of its former CEO and resolutions with federal regulators. Go to Source Powered by WPeMatico
3 reasons why Bitcoin’s price is primed to hold the $30,000 level as support
Bitcoin price has been showing weakness near the $30,000 level, but multiple data points highlight the fact that bears remain at a disadvantage. Go to Source Powered by WPeMatico
Creditors for bankrupt Voyager Digital billed $5.1M in legal fees
Voyager is not the only crypto firm incurring hefty legal fees; FTX, for example, has been billed over $120 million in fees. Go to Source Powered by WPeMatico
