A deep-rooted distrust toward banks in many developed countries subsists, so crypto and fintech firms will first need to regain their trust.
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Block Earner says a recent federal court decision over its Earner and Access products carries “nuanced implications” for the broader crypto industry in Australia.
9316Real-world asset tokenization advances in Italy, where the distressed loan market has ballooned to hundreds of billions of euros.
1924The crypto industry experienced a significant number of security incidents in 2023 but is exploring new approaches to fight back against attackers and protect firms’ public images.
11306The average APR offered by blockchain credit protocols is 9.65% compared to an average personal loan interest rate of 11.5%, data shows.
6053After moving to nominated proof-of-stake, an RWA-focused blockchain platform has reached a notable milestone in its journey.
18726Spurred on by user requests, Bitcoin lending firm Ledn is rolling out an Ethereum yield product.
4063Coinbase’s new institutional lending service has the same operating entity as Coinbase Borrow, which halted the issuance of new loans in May.
7450The new service, called Economic Exploit Analysis, uses University of Toronto research and will work on any EVM-compatible blockchain.
7683BlockFi argues its creditors, not FTX’s, are the “ultimate victims” of FTX’s alleged fraud.
5510Most DeFi tokens traded in the red on weekly charts due to the chaos caused by the Curve Finance exploit.
13290Michael Egorov is attempting to pay off his mountain of DeFi debts by selling CRV at a discount.
2957A Curve Finance hack sparked a sharp sell-off, and while DeFi traders stepped in to support CRV, the possibility of a contagion-level event remains.
3164A decentralized finance borrower used a nonfungible token representing a luxury watch to take out a $35,000 loan.
5570While some praised the move, others believed it was centralized and added NFTs where it was unnecessary.
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