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Parallel Capital Is the New Borrower for Clearpool


Clearpool published a blog post to announce that it has a new single borrower pool – Parallel. It will be available soon on the Clearpool Polygon Market. The pool is being launched by Parallel Capital, a high-frequency trading firm. Parallel Capital was founded in 2018 as an algorithmic...

IMF Warns of Further Crypto Selloffs and More Coins Failing


A director with the International Monetary Fund (IMF) has warned of further selloffs in both crypto assets and equities. He further warned that more crypto tokens could fail. IMF Foresees More Crypto Selling Pressure Tobias Adrian, director of Monetary and Capital Markets for the International...

Lido DAO Votes Against Selling LDO 10M Tokens to Dragonfly Capital


The community members of Lido Finance, a decentralized finance (DeFi) protocol and third-party staking pool operator for Ethereum (ETH) 2.0, have voted against a proposal to sell LDO 10m tokens to crypto investment firm Dragonfly Capital for DAI 14.5m. The vote, which concluded on Monday after...

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