Search
Alchemy Pay Using Chainlink to Enable Trading on Decentralized Exchanges and Borrowing in DeFi Using ACH
22.9.2021
PRESS RELEASE. Singapore, September 22, 2021 – Alchemy Pay is now using Chainlink Price Feeds to enable users to buy crypto on decentralized exchanges (DEXs) and obtain loans in leading DeFi lending platforms directly from wallets using Alchemy Pay’s ERC-20 utility token, ACH....
Coinbase Abandons Plan to Launch Lend Program After SEC Threatens Lawsuit
21.9.2021
The Nasdaq-listed cryptocurrency exchange Coinbase has dropped its plan to launch a lending program after the U.S. Securities and Exchange Commission (SEC) threatened to sue the company. Coinbase Will Not Launch Lending Program Coinbase announced Friday that it has decided not to launch the Lend...
DeFi platform Vee Finance exploited for $35M on Avalanche blockchain
21.9.2021
Vee Finance says it suffered a $35 million attack just a few days after launching the mainnet on Avalanche last week
Following SEC notice, Coinbase abandons plan for crypto lending program
20.9.2021
The exchange hinted at difficulties in regulatory clarity across the crypto industry in its decision to not bring its Lend product to the market
ADALend: New Wave of DeFi Loans on Cardano
19.9.2021
ADALend is building a scalable and decentralized lending protocol on Cardano, governed by the community. Cardano is the market leader in PoS as a collection of protocols for economic support to billions of people. Over the last decade, the decentralized Finance (DeFi) space has been forced...
Defi TVL Climbs Higher, Optimism Use Rises, 270K BTC on ETH, Lending on ETH Taps $44 Billion
18.9.2021
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, Avalanche, Solana, and more blockchains has risen dramatically to $171 billion today. On the Ethereum network, there’s 270,783 bitcoin...
Valuation of Stablecoin DAI Market Swells — DAI Market Cap Increased More Than 800% in 12 Months
18.9.2021
Recently Bitcoin.com News covered the stablecoin tether and how the crypto asset’s market valuation jumped more than 1,500% in just over 500 days. In addition to this exponential increase, the decentralized stablecoin DAI’s market capitalization has also swelled significantly...
Securities Watchdogs File Orders Against Crypto Lender Celsius
18.9.2021
A news release published by the New Jersey government web portal indicates that the cryptocurrency lending platform Celsius has been sent a cease and desist order from the New Jersey Bureau of Securities. Furthermore, the Texas State Securities Board has ordered Celsius to appear at a hearing...
NFT-based Fixed Lending Protocol Pledge Backed by Stanford Alumni Announces Successful Fundraise
18.9.2021
PRESS RELEASE. Pledge Finance is launching a cross-chain decentralized finance ecosystem, purpose-built for the financial sector following a successful private round in which it raised more than $3 million. Hong Kong – Pledge Finance, an algorithm-driven, multi-chain decentralized finance...
Texas and New Jersey regulators go after Celsius Network
17.9.2021
"Companies dealing in cryptocurrencies are not immune from oversight,” said New Jersey’s acting attorney general Andrew Bruck
SEC Chair Gensler: ‘We Don’t Have Enough Investor Protection in Crypto Finance, Issuance, Trading, or Lending’
16.9.2021
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, explained that there is not enough investor protection in cryptocurrency. He added that the securities regulator needs more funding and manpower to effectively regulate the crypto sector. SEC Chair Gensler Says More...
Coinbase applies to trade crypto futures
16.9.2021
If Coinbase gets approval from the National Futures Association, it will then need to register with the Commodity Futures Trading Commission to get the green light
US and Singapore companies collaborating: Okcoin partners with Hodlnaut
15.9.2021
“We are building the next generation of tools to help onboard the investors and traders who have been on the fence about crypto,” said Khairi Azmi
ADALend Is Building a Cardano Native, Scalable and Decentralized Lending Protocol
13.9.2021
ADAlend.finance , a protocol that is bringing decentralized lending to the Cardano blockchain, has just sold out its private sale in less than one hour. Seven private angel investors have purchased the entire seed allocation of 1.8 Million Cardano native ADAL tokens for $540,000. Seed round...
Stanford researcher-led Pledge raises $3M for decentralized lending protocol
11.9.2021
Researchers from Stanford University and U.C. Berkeley contributed to the development of the crypto-asset lending platform
This Assurance Layer Is Bringing Trust To The World of DeFi Lending And Borrowing
9.9.2021
rade assets and derivatives, and so on. People who want to borrow against their crypto assets to make even bigger bets frequently use this collection of businesses.There are two fundamental distinctions from traditional banks. All services are for digital currencies rather than government-iss
US SEC Threatens to Sue Crypto Exchange Coinbase, CEO Brian Armstrong Responds
8.9.2021
The U.S. Securities and Exchange Commission (SEC) has threatened to sue the Nasdaq-listed cryptocurrency exchange Coinbase over its lending product. The exchange says, “We don’t know why … We got no explanation from the SEC.” Coinbase Threatened by SEC Coinbase revealed...
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
Coinbase vs. ‘Sketchy’ SEC Case Reminds of Crypto Regulation Challenges
8.9.2021
on ice until October at the earliest.The company says that that SEC wants to “sue” it over concerns related to its Lend crypto lending features, claiming that the offering, which is to involve the dollar-pegged
Baanx Acquires Stake in Major US Fintech Bank
6.9.2021
PRESS RELEASE. Baanx, the fast growing B2B2C “Better than a Banking Platform” specializing in fintech services & lending, becomes the third-largest shareholder in the United States regulated Maxwell State Bank in a multi-million-dollar deal to enhance cybersecurity and banking...