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‘Multiple’ Crypto Lending Firms Are Under Investigation, Says California Regulator

‘Multiple’ Crypto Lending Firms Are Under Investigation, Says California Regulator

DFPI is investigating several firms offering “crypto-interest accounts” after these platforms abruptly suspended funds withdrawals. These firms have recently put the lives of millions of consumers at risk.

Crypto Controls Needed in Lending Sector to Stem Depression, Expert Says

Crypto Controls Needed in Lending Sector to Stem Depression, Expert Says

For depression and crashes to be averted in the crypto market, regulation and capital controls are needed to supervise fast-growing trading platforms, according to a quantitative risk modeller.

Crypto Lender Celsius Raises $400M as Investors Shun Regulatory Crackdowns

Crypto Lender Celsius Raises $400M as Investors Shun Regulatory Crackdowns

Kentucky-based digital asset lending platform Celsius Network has announced its latest $400 million fundraisers as led by WestCap and CDPQ.

NFT Lending Protocol Bend DAO Proposes New Measures against Bankruptcy Crisis

NFT Lending Protocol Bend DAO Proposes New Measures against Bankruptcy Crisis

Subject to the bankruptcy crisis caused by depleted Ethereum reserves, NFT lending protocol Bend DAO has proposed new emergency measures pending a governance vote.

The new procedures included the requirement that all future code changes be approved by the DAO

The new procedures included the requirement that all future code changes be approved by the DAO

"Aave V3" was launched in March 2022 and deployed on numerous EVM-compatible blockchains soon after. V3 helps consumers save money and enhance capital efficiency. It permits riskier collateral.

Federal Reserve Bank Sees Nationwide Outage Days After Treasury Sec Says Bitcoin is "Extremely Inefficient"

Federal Reserve Bank Sees Nationwide Outage Days After Treasury Sec Says Bitcoin is "Extremely Inefficient"

The Federal Reserve Bank suffered a massive outage on its system, lending credence to the superiority of Bitcoin as a decentralized network.

Matrixport's Evolved Enterprise-Grade Cactus Custody and Holistic Approach to KYT and AML Compliance

Matrixport's Evolved Enterprise-Grade Cactus Custody and Holistic Approach to KYT and AML Compliance

Matrixport is a Singapore-based cryptocurrency startup which was launched by former Bitmain CEO Jihan Wu. Established in July 2019 with the goal to offer over-the-counter trading, lending and custody services for crypto, Matrixport boasts a systematic security model, global distributed infrastructure and business-focused security innovation capability to assure the security and reliability of users' assets.

BTSE Offers Users the Chance to Collect Interest on Their Idle Crypto Holdings

BTSE Offers Users the Chance to Collect Interest on Their Idle Crypto Holdings

BTSE, the UAE based digital exchange, has big plans for their ecosystem. They have recently launched the latest development in what they call their “comprehensive digital bank at the juxtaposition of crypto and fiat.”

Genesis Capital Breaks Previous Quarter Record With 870M in New Loan Originations in Q3

Genesis Capital Breaks Previous Quarter Record With 870M in New Loan Originations in Q3

Genesis records rising demand for cash and stablecoins

Uniswap Anticipates Voting Outcome on Second Governance Proposal of a 5 million UNI Airdrop

Uniswap Anticipates Voting Outcome on Second Governance Proposal of a 5 million UNI Airdrop

The Uniswap community is currently voting on its second governance proposal for distributing 5 million UNI governance tokens to the DEX's users.

DeFi's Yearn.Finance Protocol Suffers $2.8 Million Flash Loan Attack

DeFi's Yearn.Finance Protocol Suffers $2.8 Million Flash Loan Attack

Yearn.Finance decentralized finance protocol suffered a $2.8 million loss after a flash loan attack, a scheme frequently seen in the fast-rising DeFi sector.

Aave Surpasses $1.7 Billion TVL Taking Number One Spot From Maker and Compound

Aave Surpasses $1.7 Billion TVL Taking Number One Spot From Maker and Compound

Aave is taking the open finance sector by storm reaching number one on the Defi Pulse rankings, beating Maker and Compound.

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