Wednesday, January 26, 2022

lending

Crypto lender Nexo confirms NYAG order, calls it a ‘mix up’

Nexo Financial confirms to be one of the two crypto lending firms to receive the cease and desist order from Attorney General James'...

NY AG directs 2 crypto firms to shut down, investigates 3...

NY AG "will not hesitate to take whatever actions are necessary against any company that thinks they are above the law," said Letitia...

How to make DeFi easier for newcomers, explained

Navigating through the world of DeFi should be easier, and this company offers a user-friendly solution. Source link

Swiss Bank Seba Now Lets Customers Earn Yield on Crypto Holdings

A FINMA-licensed Swiss bank, Seba, has launched a program enabling clients to earn yield on their crypto holdings. In addition, the bank will...

SEBA Bank launches problems for users to earn yield on crypto

Customers can currently generate yields on Polkadot, Tezos and Cardano, but the bank said it planned to add more proof-of-stake protocols in the...

Crypto lending firm Celsius Network raises $400M

“It’s not $400 million. It’s the credibility that comes with the people who wrote those cheques,” Celsius CEO said. Source link

Magic Internet Money races past $1B, sets sights on MakerDao

Abracadabra Money enables users to provide collateral via interest-bearing bearing tokens and borrow the Magic Internet Money stablecoin against their holdings. Source...

DeFi platform Vee Finance exploited for $35M on Avalanche blockchain

Vee Finance says it suffered a $35 million attack just a few days after launching the mainnet on Avalanche last week. Source link

Following SEC notice, Coinbase abandons plan for crypto lending program

The exchange hinted at difficulties in regulatory clarity across the crypto industry in its decision to not bring its Lend product to the...

Defi TVL Climbs Higher, Optimism Use Rises, 270K BTC on ETH,...

In mid-September, the total-value locked (TVL) in decentralized finance (defi) continues to climb higher, as the value held on Ethereum, Binance Smart Chain,...