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By now, most of the cryptosphere has heard of Privacy Pools — a project launched this year by Ameen Soleimani, a well-known developer and founder. As a former contributor to Tornado Cash, Soleimani aimed to “fix” the popular open-source solution for anonymising Ethereum transactions in order to make it regulator-friendly.The
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance Pool, the Bitcoin (BTC) mining pool, is launching an Ordinals inscription service for users to annotate satoshis, store ownership records, and more. To access this service, users must have a verified account and a Taproot address,
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Coinbase Ventures, which is affiliated with the cryptocurrency exchange, Coinbase, has invested in the liquid staking platform, Rocket Pool. The acquisition involved an undisclosed amount of RPL, the native token of the protocol. In an Aug. 10
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According to its website, Rocket Pool, which offers 3.33% APY for staking ether (ETH), has more than 779,000 ETH, worth about $1.4 billion, making it the third most popular liquid staking platform by total value locked behind Lido and Coinbase, per blockchain analytics firm DefiLlama. Source
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Demand for blockchain-based T-bill offerings has been steadily rising as the yield on U.S. government debt, widely considered as risk-free, surpassed yields in decentralized finance (DeFi). Digital asset firms, crypto investment funds and protocol treasuries often hold substantial amount of cash in stablecoins. Tokenized Treasuries offer them a shield from
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KuCoin has announced that it will halt its mining pool starting August 15, 2023. The crypto exchange will temporarily suspend pools that support Bitcoin and Litecoin mining. The exchange clarified that users would retain access to their crypto assets throughout the suspension period. Restarting the mining pools would depend on the crypto market
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"He [Erogov] borrowed FRAX using CRV as collateral on Fraxlend. However, because people are withdrawing FRAX from the pool, fearing bad debt in the event of CRV liquidation, the APY has significantly increased," Ignas explained. "He now needs more FRAX deposited to that CRV/FRAX lending pool. That's why the introduction
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Colombia-based fintech firm Clave and its affiliate Liquitech underwrite and originate the loans in Colombian pesos via a bankruptcy remote trust and pledge the receivables as collateral. The underlying private note is settled through the Credix platform in USDC stablecoin. CESCE Colombia, subsidiary of Spanish Export Credit Agency, insures the
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The embattled Harbour Trade credit pool minted $1.5 million of DAI stablecoin secured with loans to a consumer electronics firm, which defaulted on $2.1 million of debt. Original Source
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Hiveon is a highly regarded participant in the cryptocurrency space. Transforming the way people perceive and interact with digital assets. With a forward-thinking approach, Hiveon’s goal is to establish a decentralized and inclusive financial ecosystem that empowers individuals to have complete control over their wealth and transactions.At the core of
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