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Nalezeno "money market": 106

Circle’s Fed payment rail goal could be crushed by NY Fed’s policy change

26.4.2023
Updated rules by the New York Fed could deem stablecoin issuer Circle “ineligible” for access to the Fed's money market

US Bank Lending Drops by Record $105 Billion in Two Weeks, Trillions Moving to Money Market Accounts, Elon Musk Warns ‘Trend Will Accelerate’

9.4.2023
The banking industry in the United States is still struggling after the collapse of three major banks. According to statistics, bank lending in the U.S. has dropped by close to $105 billion in the last two weeks of March, which is the largest decline on record. Additionally, Elon Musk, a Tesla...

Banking crisis pushed over $286B to money market funds in two weeks: Report

26.3.2023
Many investors have rotated their portfolio investments due to the banking crisis in the past two weeks, injecting billions of dollars on money market funds in the United States

Report: Elon Musk’s Payments Vision for Twitter Takes Shape, Small Team Tasked to Build Infrastructure

30.1.2023
Seven months ago, current Twitter owner Elon Musk said, prior to acquiring the social media giant, he would integrate cryptocurrency payments. According to sources, a team is working on the infrastructure for a payment platform, and Twitter is proceeding with regulatory approvals and registrations....

Twitter Files for Payment Business — Elon Musk Says Platform Could Offer Debit Cards, Money Market Accounts

11.11.2022
Twitter has filed paperwork with the U.S. Financial Crimes Enforcement Network (FinCEN) to start a payment business. Tesla CEO and Twitter chief Elon Musk explained the social media platform could offer “an extremely compelling money market account” in addition to “debit cards...

UwU Lend – A New Money Market Protocol Launched

27.9.2022
UwU Lend is the latest money market protocol launched on Ethereum. It possesses the capacity to carry out robust forms of revenue-sharing procedures, coupled with tokenomics and the creation of fascinating and innovative fresh products. The delivery announcement will be made very shortly. UwU Lend...

What is a decentralized money market and how does it work?

6.8.2022
Decentralized money markets function without a custodian, allowing only the original user to withdraw funds deposited by lenders and borrowers

Inverse Finance exploited again for $1.2M in flashloan oracle attack

17.6.2022
No user funds have been affected by the exploit, but Inverse Finance has incurred a debt and offered the attacker a bounty to return the stolen funds

Money Market Platform Burrow Raises $5M to Launch on NEAR

30.3.2022
Burrow is a non-custodial liquidity pool platform similar to Aave and Compound

Delphi Digital Leads $5M Seed Round for Money Market Protocol ZkLend

29.3.2022
Three Arrows Capital and Starkware also invested in the round, which will go toward additional hiring and the launch of ZKLend’s core products

Defi Protocol Anchor to Implement ‘Semi-Dynamic Earn Rate’ Following Governance Vote

25.3.2022
On Thursday, the team behind the lending protocol Anchor announced that a proposal has passed and the decentralized money market will “implement a more sustainable semi-dynamic earn rate.” Following the announcement, the value of the protocol’s native token ANC slipped roughly...

IQ Labs CEO Tom Tirman on Unlocking Utility for NTFs With Collateral-Less Renting Framework

17.3.2022
IQ Protocol is a decentralized money market for digital asset renting and on-chain subscriptions. The next money lego that allows users to rent wrapped expirable versions of digital assets without collateral for their utility, while allowing holders to earn by providing liquidity without risk....

Vee.Finance Secures Money Market by Merging Chainlink Feeds

16.9.2021
Vee.Finance aims to make traditional currency users more familiar with cryptocurrency by consolidating Chainlink Price Feeds as part of the solution services for the oracle network. This integration will ensure that the Avalanche Blockchain will gain accurate, tamper-proof information about...

Port Finance to List on AscendEX

8.8.2021
PRESS RELEASE. AscendEX, a global cryptocurrency financial platform with a comprehensive product suite, is excited to announce the Port Finance token (PORT) under the pair USDT/PORT on Aug 9 at 2 p.m. UTC. Port Finance is a money-market, non-custodial liquidity protocol on Solana. They aim...

US SEC Shuts Down $30 Million Defi Money Market in First Decentralized Finance Bust

8.8.2021
The U.S. Securities and Exchange Commission (SEC) has taken its first enforcement action involving decentralized finance (defi). The commission has charged a defi platform and its executives for unregistered securities sales of more than $30 million and misleading investors. SEC’s...

Huobi Stablecoin Issuer Publishes Attestation Reports Tied to HUSD Reserve Backing

6.8.2021
The crypto financial services company Huobi and the firm’s stablecoin issuer Stable Universal have published monthly HUSD attestation reports. The audits indicate the funds that back Huobi’s stablecoin are kept in cash in U.S. money market accounts in order to ensure the 1:1 ratio with...

Boston Fed President Says the ‘Exponential Growth’ of Stablecoins Could ‘Disrupt’ Money Markets

27.6.2021
Boston Federal Reserve president Eric Rosengren discussed stablecoins in a recent presentation on June 25. Rosengren stressed that stablecoins could be a “disruptor” to prime money market funds and the Boston Fed president remarked that the exponential growth of stablecoins...