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Young UK Adults Eager To Learn More About Crypto - Survey
8.9.2021
WisdomTree Investments. The survey was carried out this past July, covering some 3,000 individuals aged between 18 and 30, and comprising three samples of 1,000 persons in the UK, Italy, and Germany. The poll shows that young adults in the UK perceive property, savings accounts, cryptoa
Elektra Group President Ricardo Salinas Hints at Inclusion of Lightning Network Payments in Mexico
8.9.2021
Ricardo Salinas, president of Elektra Group, one of the biggest retail franchises in Mexico, hinted at the possibility of integrating payments using Bitcoin’s second layer solution, the Lightning Network. Salinas made the announcement yesterday via Twitter. This would allow residents of...
Earn by Holding USDCoin in V2 of the BlockBank Application
3.9.2021
BlockBank will be enabling its users to earn interest on the stablecoin USD Coin (USDC), with rates up to 60x the US national average of a traditional savings account. Best of all, your USDC is guaranteed by BlockBank, giving you complete certainty whilst you earn interest. With the BlockBank...
Dogecoin Millionaire Says He’s Going ‘All in’ on Cardano — Bullish on Both DOGE and ADA
29.8.2021
The dogecoin millionaire who invested all his savings in the meme cryptocurrency early this year says he is now going “all in” on cardano, calling it the “next best bet.” He is bullish on both cryptocurrencies. Dogecoin Millionaire Thinks Cardano Is the ‘Next Best...
Central Bank of Argentina President Hints at Possible Regulation of Bitcoin in Payment Systems
12.8.2021
Miguel Pesce, president of the Central Bank of Argentina, hinted at some kind of regulation coming for bitcoin transactions soon. Yesterday, In a digital financial conference, Pesce also stressed that the bank was working to find effective ways of warning novice investors about the dangers...
Dutch Bitcoin family reveals how they safeguard a fortune in crypto
12.8.2021
Hardware wallets and a range of secure, but unusual locations, is the storage method of choice for this crypto family
Personal Savings Feature Added to West African Platform Facilitating Crypto-to-Fiat Conversion
10.8.2021
Duniapay, a digital banking platform created by three students from Burkina Faso, has added a personal savings feature to its banking application that already provides residents from some 14 West African countries with a flexible digital platform to access financial services. Using a Stablecoin...
Crypto Fintech Eco Raises $60M for High-Yield USDC Savings App
27.7.2021
The a16z-backed Eco, where users’ deposits are loaned out in USDC, says it’s keeping an eye on the BlockFi case
DeFi projects face a painful dilemma right now as they seek ‘the holy grail’
26.7.2021
Many DeFi projects face a painful dilemma: Should their protocols be designed for professional traders, or everyday consumers yet to embrace crypto in their masses?
64% of Adults from 10 Different Countries Would Use a Central Bank Digital Currency: Report
24.7.2021
As central bank digital currencies (CBDCs) advance in testing, a number of countries have taken the lead in an effort to create a CBDC. The enterprise blockchain firm Guardtime recently conducted a survey that shows adults from ten different countries would likely use a CBDC. Nearly two out...
German Bank Comdirect Now Offers 11 Cryptocurrency ETPs in Savings Plan
17.7.2021
German bank Comdirect, with about three million customers, is now offering 11 cryptocurrency exchange-traded products (ETPs). “Comdirect has succeeded in significantly bridging crypto investments to retirement plans, something that our clients have longed for a while,” the bank said....
21Shares partners with German brokerage to offer crypto ETPs for savings accounts
13.7.2021
“We are very excited to offer German clients who wish to add Bitcoin and other crypto assets to their savings plan a compelling option to do so thanks to comdirect,” said Hany Rashwan, CEO of 21Shares
Coinbase Launches High Yield USDC Accounts With 4% APY
30.6.2021
Coinbase, the largest exchange in terms of crypto reserves held, has announced the introduction of a savings program tied to usd coin. The company’s high yield USDC savings program allows customers to gain 4% APY interest on stablecoin accounts. Coinbase Reveals USDC Savings Program With...
Coinbase will pay users 4% interest on USDC holdings
29.6.2021
The announced yields represent the exchange increasing interest for USDC holders by more than 2,500% since it was lowered significantly last June
Crypto Savings Rates Are 10X Greater Than High Street, But Is It For You?
25.6.2021
Matthew Shillito, Lecturer in Law, University of Liverpool.
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Leading crypto banks such as BlockFi and Nexo are attracting a lot of attention. Customers can earn an APY (annual percentage yield) of up to 12%, dwarfing high-street savings accounts, whose interest rates are sub-1%. But before...
Better, faster, cheaper: How DeFi will kill the retail bank
25.6.2021
The battle for global consumer deposits is going to be the fight of the century. But to vanquish old-fashioned banks, the DeFi sector needs to up its game
Crypto Savings Platform Ledn Raises $30 Million in Latest Funding Round
28.5.2021
Ledn, a cryptocurrency lending and savings platform based in Canada, has managed to raise $30 million in its latest funding round. The money raised will be used to expand its offer of lending products, and to expand its reach in more countries. Ledn could take advantage of the recent problems that...
Some African Crypto Users See Bitcoin as an Alternative Source of Retirement Income
1.5.2021
Bitcoin use cases in African countries continue to expand with the latest one being its use as an alternative source of retirement income. On a continent plagued by high inflation and unstable currencies, bitcoin, which is decentralized and censorship-resistant, is seen “as a safer source...
Dogecoin Investor Becomes Millionaire in 2 Months, Inspired by Elon Musk
25.4.2021
A dogecoin investor has shared his story of how he became a crypto millionaire in a little over two months after learning about the meme cryptocurrency and pouring all his savings into it. He said he was inspired by Elon Musk’s tweets about dogecoin. A Doge Millionaire Shares His Story...
Former Employees From Major South Korean Firms Quit Their Jobs After Pocketing Millions in Crypto Profits
24.4.2021
South Korea’s crypto-sphere has been witnessing a volatile environment in terms of regulatory moves, as bitcoin prices and other altcoins are also having wild moves. Such a scenario hasn’t stopped the country’s middle class to profit from the crypto market, even with very...