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The new guidance lays out some examples of how users could decide the nature of their return from lending or staking. For instance, if the return amount, say 5% per annum, was already agreed to, it would most likely be a revenue receipt. If the proceeds are “unknown and speculative,”
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ADALend and Robatz Network sign the contract for the development of the decentralized lending protocol. Robatz Network and ADALend represent a significant milestone for developing the lending protocol and will allow both companies to work together to further the development of the protocol, which will ultimately increase the utility of
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Arcade says it currently has more than $15 million locked up in blue chip NFTs and $6 million in loan volume, with average loans being around $350,000, a representative told CryptoX. (Blue chip NFTs are considered to be those among the highest valued in the market, like Bored Ape Yacht
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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
Read MoreIn a hearing on Tuesday, the Congressional Fintech Task Force heard arguments on new rules that would potentially expand banking regulations to accommodate more technology firms providing financial services.A subunit of the Financial Services Committee, the Fintech Task Force leads the committee’s examinations of emerging technologies. As Task Force Chair
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