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Published: April 9, 2023   |   Last Updated: July 16, 2024
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Compound To Offer Stablecoin Crypto Loans To Institutions
September 14, 2022

Compound to Offer Stablecoin Crypto Loans to Institutions

Key Takeaways: Compound will offer stablecoin loans to institutions, with Bitcoin, Ethereum, and some other ERC-20 assets accepted as collateral. The endeavor comes as institutions and financial organizations continue to chase liquidity. Just recently, Coinbase offered to pay 1.5% interest on $528 million of MakerDAO's PSM. Major DeFi lending protocol Compound aims to stretch out its lending......

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September 7, 2022

Global Crypto Bank SEBA Launches Ethereum Staking Services

SEBA Bank, a pioneering leading crypto bank has today launched Ethereum staking services. Key Takeaways SEBA Bank, a global crypto bank has announced Ethereum staking services in the lead up to the Ethereum Merge. Ethereum staking services are designed to cater to growing demand from institutions to manage yield use cases from staking to decentralized finance. The......

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September 7, 2022

Circle CEO Welcomes Binance’s Decision To Halt Support For USDC

Binance’s move to remove support for USD Coin (USDC) may have ruffled the feathers of investors but Circle’s CEO believes USDC could end up a winner. Key Takeaways Circle founder says the move by Binance to remove support for the USDC stablecoin comes with certain upsides. For one, the utility for USDC could increase. Binance......

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September 3, 2022

Vitalik Buterin Expresses Concern About The Future of Bitcoin

Bitcoin’s reliance on Proof-of-Work (PoW) could lead to its downfall but a timely switch to Proof-of-Stake (PoS) could usher in a range of benefits for the leading cryptocurrency, according to Buterin. Key Takeaways Ethereum’s founder has poked a hole in Bitcoin’s fee model and use of the Proof-of-Work (PoW) consensus mechanism. His lack of faith......

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September 2, 2022

Binance is Not a Chinese Company

Binance, the world’s largest exchange has been hit with claims of being a Chinese company but its CEO seized the initiative to clear the air as the firm braces itself for more attacks. Key Takeaways Binance’s CEO squashes speculations that his firm is a Chinese company amid a brewing PR thunderstorm. He argues that the......