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Last Updated: July 1, 2023
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Compound To Offer Stablecoin Crypto Loans To Institutions
September 14, 2022

Compound to Offer Stablecoin Crypto Loans to Institutions

Key Takeaways: Major DeFi lending protocol Compound aims to stretch out its lending services to institutional investors, accepting Bitcoin, Ethereum, and some other ERC-20 assets as collateral. The latest endeavor comes amid the growing demand for crypto loans, the platform said in a Medium post today, adding that institutions can now borrow from Compound Treasury, the only decentralized company …...

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September 7, 2022

Global Crypto Bank SEBA Launches Ethereum Staking Services

SEBA Bank, a pioneering leading crypto bank has today launched Ethereum staking services. Key Takeaways The global smart bank simplifies access to the digital assets economy through a suite of fully regulated banking services. The new Ethereum staking services are designed to enable clients to earn staking rewards on Ethereum. The assets will be secured by an institutional-grade custody …...

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September 7, 2022

Circle CEO Welcomes Binance’s Decision To Halt Support For USDC

Binance’s move to remove support for USD Coin (USDC) may have ruffled the feathers of investors but Circle’s CEO believes USDC could end up a winner. Key Takeaways Binance’s move to halt support for USDC and other stablecoins drew the ire of some investors, with some industry experts arguing that it could negatively impact the USDC …...

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September 3, 2022

Vitalik Buterin Expresses Concern About The Future of Bitcoin

Bitcoin’s reliance on Proof-of-Work (PoW) could lead to its downfall but a timely switch to Proof-of-Stake (PoS) could usher in a range of benefits for the leading cryptocurrency, according to Buterin. Key Takeaways Ethereum co-founder Vitalik Buterin has expressed concern over Bitcoin’s future given its PoW consensus mechanism and fee model. In an interview with economist Noah Smith, …...

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September 2, 2022

Binance is Not a Chinese Company

Binance, the world’s largest exchange has been hit with claims of being a Chinese company but its CEO seized the initiative to clear the air as the firm braces itself for more attacks. Key Takeaways Changpeng Zhao, CEO of Binance, has refuted claims that his exchange is a Chinese company. In a blog post published on Thursday, Zhao …...