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Yield App Suspends Operations Ahead of Liquidation
29.6.2024
Yield App, a platform for earning interest, buying, and swapping cryptocurrencies, announced on social media platform X Friday the suspension of all activities in preparation for liquidation proceedings. The Seychelles-based company halted operations due to significant portfolio losses from...
Crypto platform Yield App shuts down citing FTX losses
28.6.2024
Yield App halts operations, citing losses from FTX exposure, despite previous assurances of no significant impact
Tron network deposits drop to 6-month low as TRX price rallies — Trouble in paradise?
27.6.2024
Tron’s total value locked (TVL) plummeted to a six-month low of $7.6 billion as TRX price rallied. Cointelegraph investigates
Ethereum Foundation Warns of Compromised Mailing List Leading to Phishing Emails
25.6.2024
The mailing list provider used by the Ethereum Foundation for updates was compromised, resulting in a phishing email. Hackers are now using addresses from the breach to send fake emails. These fraudulent emails claim a collaboration between Ethereum and LIDO, promising a high annual percentage...
CEO of defunct yield protocol says user deposits weren’t 'principal protected'
25.6.2024
The South Korean platform Delio collapsed last year due to counterparty exposure to Haru Invest, another South Korean crypto yield giant
Solana ETF in the works: 3iQ files for new ETP in Canada
21.6.2024
The Solana product, QSOL, seeks to provide shareholders with staking yield accrued from the Solana network
Paxos Lays Off 65 Employees Following Yield-Bearing Stablecoin Launch
16.6.2024
According to sources familiar with the matter, the stablecoin issuer Paxos is cutting 20% of its workforce. This development comes on the heels of Paxos International’s announcement of its yield-bearing stablecoin. Paxos Trims Workforce by 20% Bloomberg reports that Paxos has laid off...
3 reasons why $65K marks the bottom for Bitcoin
14.6.2024
Bitcoin's resilience amid price drops indicates strengthening support at the $65,000 level
Blast’s Rebasing Stablecoin USDB Now Ranks 9th Among Dollar-Pegged Crypto Tokens
12.6.2024
A new stablecoin has emerged among the top ten U.S. dollar-pegged tokens. Known as USDB, this auto-rebasing stablecoin was developed by the Blast team. Despite the stablecoin economy being underwhelming over the past 30 days, USDB has quietly secured the ninth-largest market capitalization among...
DeFi Technologies launches Core chain validator, stakes 1,498 Bitcoin
11.6.2024
In May, the partners launched the first yield-bearing BTC ETP in Scandinavia
Deciphering Pendle Finance’s surge and the pop up of Notcoin
6.6.2024
Pendle Finance and Notcoin recently experienced roughly 58.6% and 400% price growth, respectively and are thus among the recent top performers
Paxos International Debuts ‘Lift Dollar’ Stablecoin With Daily Yields
6.6.2024
The blockchain and tokenization infrastructure platform Paxos has announced Paxos International has launched a new yield-bearing stablecoin called lift dollar (USDL). The stablecoin’s holders will earn overnight yield from short-term U.S. government securities and cash equivalent reserve assets...
Paxos International to issue regulated interest-paying stablecoin
5.6.2024
The international arm of New York-based Paxos will issue a U.S. dollar-pegged stablecoin that will not be available in the United States
Paxos Unveils Yield-Generating Stablecoin Lift Dollar
5.6.2024
USDL is issued in the UAE and regulated by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM)
Block Earner spared penalty in regulator’s crypto yield suit
4.6.2024
The Australian federal court relieved Block Earner from paying a penalty after an Australian regulator’s legal action over unlicensed crypto yield-bearing products
Ethena’s USDE Stablecoin Surpasses $3 Billion, Flipping First Digital’s FDUSD
2.6.2024
This weekend, Ethena’s synthetic U.S. dollar stablecoin USDE reached the $3 billion range. As of June 2, 2024, USDE has surpassed First Digital’s FDUSD stablecoin. Ethena’s Synthetic Stablecoin USDE Exceeds $3 Billion Launched in February, the synthetic U.S. dollar stablecoin USDE, which offers...
Crypto Lending Firm Maple Finance Unveils Syrup Yield Platform and Rewards Token
28.5.2024
‘Yield-bearing stables’ are not money or stablecoins: Agora’s van Eck
28.5.2024
Yield-bearing stablecoins are far more likely to be classed as security products in many countries and would restrict customer reach, argues the son of Jan van Eck
Embrace Privacy and Earn up to 150% APY With wZANO-USDT
21.5.2024
Bitcoin.com’s decentralized exchange, Verse DEX, has launched the second wZANO-USDT farm, offering an impressive APY of up to 150%. For full details, including instructions, head over here. This initiative is the continuation of the integration of the privacy-focused ZANO token into...
Hex Trust to Launch USDX Stablecoin on Flare, Offering Real-World Yield
21.5.2024
On May 21, 2024, Hex Trust Group announced the introduction of a native stablecoin, USDX, for the Flare network. Hex Trust also revealed that a Clearpool vault, enabling holders to earn a real-world yield, will debut alongside USDX. Hex Trust’s USDX Stablecoin and Clearpool Vault Aim...