Cryptocurrency Analysis and News Portal
Decentralized lending platform Aave has launched its permissioned lending and liquidity service Aave Arc to help institutions participate in regulation-compliant decentralized finance.As opposed to its permissionless cross-chain counterparts on the platform, Aave Arc is a permissioned liquidity pool specifically designed for institutions to maintain regulatory compliance in the decentralized finance
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On January 5, the open-source non-custodial decentralized finance (defi) lending platform Aave launched a permissioned version of the protocol aimed at institutions. The platform dubbed Aave Arc will leverage Fireblocks as the first whitelister as the platform aims to help bridge traditional financial institutions with defi. KYC-Centric Defi Liquidity: Aave Launches
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Real Vision CEO Raoul Pal believes the recent volatility in the Bitcoin price is due to institutions selling to help shore up their end-of-year profits, The perennial Bitcoin (BTC) bull told Vlad from The Stakeborg Talks in a Dec. 27 interview that he believes the market is currently lopsided due to
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Today, we’ll show additional reasons for widespread selling that occurred in April and May. After bitcoin’s powerful rally to start the year, fueled by fear of fast inflation, some large investors grew concerned about rampant speculation in the almost-anything-goes market and a slowdown in global money supply growth. In fact,
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The digital currency cardano has jumped over 8% in value during the last 24 hours and 25% over the last seven days. The price move follows an update on Charles Hoskinson’s and IOHK’s plans for the Cardano network in 2022. Charles Hoskinson’s 2022 Cardano Outlook: ‘A Formal Open-Source Project Structure Is
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“Not only is BitGo trusted and allows us to provide more access to our native tokens on Avalanche,” John Wu, president of Ava Labs, told CryptoX in an interview, “but given the enterprise push, and the institutional support of Avalanche, this really is a very powerful company to partner with.” Source
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It’s a new dawn. Credit card giant Visa is now in the cryptocurrency business. They won’t be buying and selling yet, though. Its new division will focus on advising everyone. From retail customers to financial institutions, even central banks can get information from Visa’s crypto experts. A lot of people
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Fidelity Digital Assets will allow its institutional customers to use bitcoin as collateral against cash loans, according to a press release Wednesday.The new service will target bitcoin investors who are keen to turn their holdings into cash without selling, as well as hedge funds, miners and over-the-counter trading desks, Tom
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Major cryptocurrency exchange Crypto.com continues expanding its crypto on-ram and off-ramp solutions with a new partnership with the California state-chartered bank Silvergate.Crypto.com announced on Tuesday that it is working with Silvergate to allow institutional clients to deposit and withdraw from the exchange using the U.S. dollar (USD).According to the announcement,
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Blockchain innovation is surging throughout Southeast Asia, as the region is home to a number of fintech firms and global crypto companies. In particular, Singapore has become one of the world’s most crypto-friendly countries. This was recently highlighted in a report conducted by crypto exchange Gemini, which found that 67%
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