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BlockFi disclosed a data breach that potentially leaked physical addresses and account activity of its customers, highlighting the risks of KYC finance platforms. Go to Source Powered by WPeMatico
Despite VC funding to crypto firms falling by nearly 60% during April, DeFi lending is attracting increasing investment month-over-month Go to Source Powered by WPeMatico
Yield Protocol claims to facilitate fixed-rate interest and lending markets backed by crypto Go to Source Powered by WPeMatico
Equilibrium raises EOSDT circulation supply from $70 million to $170 million through its integration with pBTC Go to Source Powered by WPeMatico
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
Crypto lenders can help small businesses affected by COVID-19, but they are locked out of the U.S. government’s relief program Go to Source Powered by WPeMatico
Jack Dorsey’s Square Capital is among the first crypto-friendly firms to officially join the U.S. federal emergency lending program Go to Source Powered by WPeMatico
The Nexo platform now allows retail investors to use Paxos Gold tokens as loan collateral Go to Source Powered by WPeMatico
If you are not ready to part with decentralized money, at a time when prices are relatively low, but need some fiat cash to cover costs in times of crisis, crypto-backed loans are a working solution. A number of platforms offer this type of service and their popularity is growing among cryptocurrency enthusiasts who are … Read more
