Wednesday, November 20, 2024
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Following SEC notice, Coinbase abandons plan for crypto lending program

U.S.-based cryptocurrency exchange Coinbase has announced it will not be pursuing its Lend crypto lending program.In a Sept. 17 update to a blog announcing the program in June, Coinbase hinted at difficulties in regulatory clarity across the crypto industry in its decision to not bring the crypto lending product to

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Crypto.com expands insurance program to cover $750M

Digital currency exchange Crypto.com has expanded its insurance policy to cover up to $750 million worth of digital assets, offering an additional layer of protection for the platform’s ten million users. The new policy, effective since Sept. 6, is backed by Arch Underwriting, a division with Lloyd’s Syndicate 12, the company

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$300M incentive program backs 100% rally in Harmony (ONE) price

Protocol and community development initiatives have become the latest trend in the cryptocurrency market after a number of projects have launched multi-million dollar funds aimed at enticing builders and investors to make the cross-chain migration into the layer-2 ecosystem.The latest project to capitalize on this trend is Harmony (ONE), a

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SEC threatens to sue Coinbase over crypto yield program it considers a security

The United States Securities and Exchange Commission (SEC) has reportedly threatened to sue Coinbase over a crypto yield program it deems as a security.Coinbase CEO Brian Armstrong tweeted on Sept. 8 that has been some “really sketchy behavior coming out of the SEC recently” before launching into a 21 post

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Fantom price gains 100% after launching a 370M FTM incentive program

The Ethereum (ETH) network continues to enjoy the status of being the top smart contract platform in the blockchain industry, but the competition is slowly gaining market share because high costs and network congestion are still challenges for the protocol. One project that has been gaining traction in the month of

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Public Mint’s MINT Rewards Program Sees Over $1 Million Of Tokens Migrated from Ethereum in The First 24 Hours

Public Mint — which links the traditional finance world with the innovative world of crypto– saw over $1 million worth of MINT moved from Ethereum in the first 24 hours following the launch of the MINT Rewards Program on August 16. Migration of MINT Tokens from Ethereum Into the Public Mint

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Avalanche (AVAX) Onboards Sushi (SUSHI) to Launch Joint DeFi Incentive Program

The Avalanche (AVAX) Rush is showing no signs of slowing down as it partners with SushiSwap for a soon-to-be-launched joint incentive program. SushiSwap Arrives on Avalanche Network Community-driven decentralized finance (DeFi) protocol SushiSwap is joining in the Avalanche bandwagon, the smart contract platform announced today. The Avalanche Foundation today declared it would launch

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Amber Group Introduces STAR-X Internship Program, One of its Talent Nurturing Initiatives

Amber Group, the leading crypto finance service provider, announced today the launch of a new internship program, STAR-X, one of its talent nurturing initiatives. The program offers a four-week rotational internship for juniors, seniors, and graduate students from top universities worldwide. The goal is to provide college students with real-world

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