Lex Sokolin is Head Economist at major blockchain company ConsenSys.__________… Read More: Moving From Crypto Winter To Winter Spring: Lessons from Bear Market and When the Winter Will End Read more »Sign up for e-EUR – the progressive stablecoin
The last week of October turned bearish for the DeFi market despite the string of hacks, as the majority of the DeFi protocols registered bullish weekly gains. Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. After the…
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Since January 2022, the entire crypto economy has shed $1.36 trillion in value, as the market capitalization dropped from $2.34 trillion to today’s $979 billion. While the crypto economy is down in value, trade volumes are lower, and the value locked in decentralized finance (defi) has shed billions, treasuries held by decentralized autonomous organizations (DAOs)…
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Compound (COMP) crypto has pumped 4.56% today following the successful finalization of the Ethereum merge earlier this morning. As a result the price of Compound is now trading at a steady $56.67 and could be making headway back to the $60 price levels. Will Compound crypto pump? At the time of writing this article Compound…
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Accredited institutions can borrow USD OR USDC starting at 6% APR, according to the company. Compound Treasury, a cash management solution for institutions powered by the Compound Protocol, announced on Sept.14 that accredited institutions can now borrow USD or USDC with fixed rates starting from 6% APR, using Bitcoin, Ethereum, and supported ERC-20 assets as…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Zipmex Engages Financial Advisors, 16 Afghan Exchanges Shut Down, CoinSwitch Kuber Raided, Singapore Sends Questionnaires to Crypto Firms + More News Read more »Sign up for e-EUR – the progressive stablecoin
CeDeFi is a new financial system that combines centralized and decentralized systems. It provides privacy, reduced fees and ease of use. What are the disadvantages of CeDeFi? Currently, CeDeFi’s main downside is the high learning curve associated with its protocols because of their complexity. The concept is still young, and more intuitive and user-friendly interfaces…
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Benjamin Dean is the Director of Digital Assets at investment company WisdomTree in Europe. __________… Read More: The Blow-up of 3AC – LTCM Without the Nobel Economists Read more »Pay, Trade, Buy Bitcoin with Credit Card
Ever since Celsius paused withdrawals on June 12, the company has been the focus of attention due to the lender’s financial hardships. A month later, Celsius filed for bankruptcy in the U.S. by leveraging the Chapter 11 process. Two days after the bankruptcy filing, a report disclosed that two people familiar with the matter allege…
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Troubled crypto lender Celsius (CEL) appears to have no intention of being frozen out of the crypto world – and is continuing to take action to avoid possible insolvency as it has been hurriedly repaying the debts it owes. Blockchain analytics data shows that Celsius has recently repaid some USD 78.1m worth of USD coin…
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