DeFi contagion? Analysts warn of ‘Staked Ether’ de-pegging from Ethereum by 50%
Liquid staking firms could default on their Ether obligations if “the Merge” does not happen. Go to Source Powered by WPeMatico
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TrueFi launches on Optimism, expanding access to on-chain credit
Several projects have launched on Optimism this year with the goal of giving users instant transactions and lower gas fees. Go to Source Powered by WPeMatico
These are the least ‘stable’ stablecoins not named TerraUSD
Some stablecoins have failed to deliver the dollar’s stability to crypto traders long before TerraUSD’s collapse. Go to Source Powered by WPeMatico
Bitcoin price action decouples from stock markets, but not in a good way
Conflicting Bitcoin derivatives data shows leverage traders bullish, while pro traders fear a deeper correction below $29,000. Go to Source Powered by WPeMatico
DeFi transforming lending routes on the blockchain
Decentralized routes of lending and borrowing through smart contracts are allowing DeFi finally to overthrow the traditional finance sector. Go to Source Powered by WPeMatico
Compound Treasury receives B- credit rating from S&P Global Ratings
Though the protocol offers an arguably lucrative yield of 4% per year, it’s only available to accredited investors as of now. Go to Source Powered by WPeMatico
Aussie exchange Swyftx to offer ‘no lock-in’ yield on crypto
Swyftx, one of Australia’s largest crypto exchanges, has become the first local exchange to offer users zero-fee yields on cryptocurrency deposits. Go to Source Powered by WPeMatico
Here are 3 ways hodlers can profit during bull and bear markets
The bull market may be over, but that doesn’t mean traders have to stop investing. Here are a few ways to invest in crypto even during a bear market. Go to Source Powered by WPeMatico
Celsius announces only transfers from accredited US-based investors will be able to earn rewards
Only “verified accredited investors” in the United States will be able to add coins to their Earn accounts starting on April 15, while users outside the country will be unaffected. Go to Source Powered by WPeMatico
What is crypto lending and how does it work?
The borrower and the lender are two distinct actors in the crypto lending transaction. Borrowers put up cryptocurrency as collateral to secure a loan from a lender. Go to Source Powered by WPeMatico
