Cryptocurrency Analysis and News Portal
Maple’s new lending pool offers accredited investors, crypto firms and DAO treasuries a way to earn yield on their idle stablecoin holdings by investing in one-month U.S. Treasury bills. Original Source
Read More
Crypto lender Maple Finance has rolled out a United States Treasury pool for non-U.S. accredited investors and entities.According to an Apr. 19 post, Maple Finance has launched a new Cash Management Pool for institutional Web3 investors to access U.S. Treasury Bills directly. The offering is not available to U.S. individuals
Read More
The United Kingdom could "turbocharge" its crypto sector and be an "innovation hub for the Web3 economy" as part of a vision laid out by cryptocurrency exchange Coinbase.The comments by the exchange coincide with an April 17 Sky News report that the U.K. Treasury is set to revive the Asset
Read More
U.S. Treasury Secretary Janet Yellen talked about the dangers that sanctions based on the U.S. dollar might pose for the hegemony of the currency in international markets. According to Yellen, the government tries to use sanctions “judiciously,” as they can create a desire to find alternatives to the U.S. dollar. U.S.
Read More
Former Treasury Secretary Lawrence Summers has expressed concerns that a rising number of countries, including China, Russia, and the Middle East, are aligning themselves and gaining global influence. “I think [it] is a huge challenge for the United States,” he cautioned. Larry Summers on Countries Banding Together Against the US Former Treasury
Read More
Relwyn said the treasury operations team “agrees” with community members’ bullishness, but cautioned the protocol can’t just YOLO everything into ETH without incurring a hearty dose of risk. Number may go up right now, but “number can go down, too,” said Relwyn, Original Source
Read More
"This has been a dynamic, collaborative process, designed to accommodate the community’s wishes for the ROOK token and the new Incubator DAO." Rook Labs' pseudonymous CEO Hazard told CoinDesk in a Discord message. "We’re grateful for the enthusiastic participation of ROOK holders and community members, and are happy to see
Read More
Officials of the U.S. Treasury Department will travel to Europe this month with the objective of getting more countries to apply punitive actions against Russia. The tour, which includes visits to Switzerland, Italy, and Germany, aims to stop the material support companies in these states provide Russia, threatening to cut
Read More
Historically, ROOK owners had a say over Rook DAO, the governing body that nominally controlled the Rook project (once known as KeeperDAO) since mid-2021. But an entity called Rook Labs has largely taken over management of Rook’s day-to-day operations, creating friction with token holders who felt shunned. Original Source
Read More
“Given the governance process in place at Rook DAO, and the inability to accrue value to the ROOK token, I think this is the best compromise we could get for token holders,” the pseudonymous Wismerhill, one of the loudest voices calling for change and a sophon in the new DAO,
Read More