Maple Finance Launches T-Bill Pool for Web3 Investors
Maple Finance, a DeFi crypto lender, has launched a new cash management pool for U.S. Treasury Bill yields. The product will allow accredited web3 investors, such as decentralized autonomous organizations (DAO), offshore firms, Web3 treasures, and high net-worth individuals, to access the pool that invests in one-month Treasury Bills with no minimum lock-up period. Yield and Fees The pool will …
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Binance CEO CZ Speaks on CeFi and DeFi at Hong Kong Web3 Festival
Hong Kong is making strides toward crypto and Web3 adoption, as evidenced by recent crypto regulatory actions and Web3-centric events. Binance CEO Changpeng Zhao, known as CZ, recently participated in a virtual interview at the Hong Kong Web3 Festival on Wednesday, where he discussed the future of centralized finance (CeFi) and compared it to decentralized finance (DeFi). CZ’s Comparison Between …
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The Role of Oracles in DeFi: Trusting External Data Sources
Decentralized Finance, or DeFi, is a rapidly growing sector in the blockchain and cryptocurrency space. However, one of the biggest challenges that DeFi faces is how to obtain reliable and accurate data from external sources, which is necessary for smart contracts to function properly. This is where oracles come in. In this article, we will explore the role of oracles …
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Giant Crypto Players are Gearing up for More Layoffs
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Brandon Davis
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January 10, 2023
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Defi, Crypto, News
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0 Comments
The increasing recession in the world has affected almost every growing company and the employees working in it, resulting in many hardworking and talented people losing their jobs. Cryptocurrency platforms are now not untouched by this recession. A handful of popular Crypto exchange platforms, including Huobi, Coinbase, SuperRare, and Genesis, are all set to cut off their workforce to recover …
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DCG, the parent company of Genesis, has closed its Wealth Division Amid Liquidity Difficulties
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Brandon Davis
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January 6, 2023
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Defi, Crypto, News
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0 Comments
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DeFi Users Can Now Purchase Crypto on Uniswap Using Fiat Money
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Brandon Davis
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December 21, 2022
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Crypto, Defi, News
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0 Comments
To read in detail: Click here
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Crypto Price Updates
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Rudolph Harmon
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December 21, 2022
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Defi, Bitcoin, Ethereum
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0 Comments
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2022: A Bad Year for Coinbase Stock “COIN”
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Rudolph Harmon
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December 20, 2022
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Defi
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0 Comments
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Binance.US to Acquire Assets of Voyager of Worth $1 Billion
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Rudolph Harmon
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December 19, 2022
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Defi
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0 Comments
Today, bankrupt cryptocurrency lender Voyager Digital Ltd. said cryptocurrency exchange Binance.US, the American branch of cryptocurrency exchanges Binance Ltd has agreed to buy its assets. This will pave the way for the restoration of client funds. Based on the expected fair market value of Voyager’s cryptocurrency portfolio at a predetermined future date plus $20 million in added value, the purchase …
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Nigeria seeks to Legalise Bitcoin and Cryptocurrency Use
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Rudolph Harmon
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December 19, 2022
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Defi, Bitcoin
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0 Comments
Nigeria is seeking to reverse its attitude toward the cryptocurrency business by pushing a bill to allow the use of bitcoin and other cryptocurrencies. Nigeria’s House of Representatives Committee on Capital Markets and Institutions chairman, Babangida Ibrahim, reportedly spoke to a local newspaper about the proposed changes to the “Investment and Securities Act 2007” that would establish Bitcoin as a …
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