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Crypto Yield Firm Haru Invest Execs Arrested in S.Korea for Laundering User Funds
6.2.2024
Top executives of Haru Invest, a South Korean crypto yield platform, have been arrested by the county’s prosecutors on Monday. The crypto investigation arm of the Seoul Southern District Prosecutors’ Office have arrested three people in connection with crypto fraud worth 1 trillion Won ($752...
Crypto yield platform Haru Invest to suspend server
16.10.2023
After halting withdrawals in June 2023, Haru Invest is yet to come up with a timeline to repay its customers
Today in Crypto: Yield Protocol Shutting Down, Wirex Reveals App Chain Connecting DeFi & TradFi, Montréal Exchange Announces BTC Futures Contracts
4.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Yield Protocol Shutting Down, Wirex Reveals App Chain Connecting DeFi & TradFi, Montréal Exchange...
Crypto Yield Firm Haru Invest Sacks 100+ Employees Following Withdrawal Halt
23.6.2023
Haru Invest, a struggling South Korean crypto yield platform, has reportedly terminated contracts for over 100 employees.
"After much consideration, it comes with a heavy heart to inform you that we will be minimizing the operations of Haru Invest and its affiliated companies to prevent further...
South Korean Crypto Yield Firm Haru Invest Fires More Than 100 Employees: Report
22.6.2023
Earlier this month, Haru Invest halted withdrawals and deposits
Crypto yield platform Haru suspends transfers after investigation
13.6.2023
The firm previously stated it had an issue with one of its service partners
South Korean Crypto Yield Platform Haru Invest Pauses Withdrawals and Deposits
13.6.2023
The firm blamed the pause on a “certain issue” with one of its service partners, and said it is working on a contingency plan, according to a blog update
Gemini Terminates Its Crypto Yield Product, Amping Up Battle With Genesis
10.1.2023
The move, which Gemini says requires Genesis to return all locked-up assets, sunsets the exchange's nearly two year-old Gemini Earn program
Finder.com sued by Australian regulator over its crypto yield product
16.12.2022
ASIC claimed a crypto yield-bearing product from Finder’s registered exchange was unlicensed, the firm disagreed but refused to say if it would fight the suit
Flynt Launches Industry’s Highest Yield Product on Bitcoin
24.9.2022
PRESS RELEASE. Flynt Finance, the cryptocurrency financial services company based in Singapore co-founded by previous derivatives exchange operators and analysts, launched a platform for crypto structured products last week. The relatively high returns (up to 50% APY) on Flynt has gained strong...
Coinbase Faces SEC Probe Over Crypto Yield, Staking Products
10.8.2022
The crypto exchange disclosed it received an "investigative subpoena" from U.S. securities regulators
Fairfax County Pension Fund Invests $70M in Crypto Yield Farming Funds: Report
4.8.2022
Virginia-based pension fund, The Fairfax County Retirement Systems, has invested $70 million evenly across two yield farming funds
Solana DeFi Protocol Delta One Raises $9.1M to Offer Crypto Yield Farming
19.4.2022
Options trading has long been popular in traditional finance, but the crypto-backed version has only recently started moving beyond institutions to retail investors
CoinFLEX’s New AMM+ and the Rise of Crypto Yield 2.0
28.1.2022
CoinFLEX, a leading derivatives exchange and yield platform, has announced the second iteration of their innovative AMM+ (Automated Market Maker) platform—making the yield-earning product more accessible to everyday investors. AMM+: Leveling up the AMM model on a CeFi platform AMM+...
Celsius expands funding round to $750M, tips $7B to $10B valuation in 2022
25.11.2021
Celsius CEO Alex Mashinsky said that the oversubscribed $750 million funding round was a “very good indication” of the strength of the company's lending and yielding brand
CoinFLEX’s Stablecoin flexUSD Now Available to Hundreds of Financial Institutions With Copper ClearLoop Integration
15.11.2021
PRESS RELEASE. SEYCHELLES, 15 November 2021 – CoinFLEX, leading crypto exchange and yield platform, has partnered with Copper.co, a global digital asset custodian and trading solutions provider by integrating with their ClearLoop instant settlement trading network. The partnership expands...
SEC threatens to sue Coinbase over crypto yield program it considers a security
8.9.2021
"They refuse to tell us why they think it's a security, and instead subpoena a bunch of records from us,” said Brian Armstrong after he revealed that the SEC threatened to sue Coinbase
Meet CaramelSwap - an Innovative Crypto Yield Farm
9.7.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
With crypto flying high this year, it’s no surprise that there are so many new decentralized yield farms. After all, crypto can now supersede traditional bank services easily, providing users with greater...
Escalating DeFi scams tarnishing the crypto yield farming market niche
15.10.2020
With DeFi scams multiplying by the day, industry stakeholders urge investors to prioritize due diligence before investing in any project