DeFi
Yearn Finance picks up $1 million in YFI as part of planned buyback
Yearn.Finance's new initiative aims to bring more value by replacing YFI staking rewards with buybacks.
Liam Frost 2 min read
Lending News
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Investments
Crypto bank BlockFi reaches $3 billion valuation after $350m raise
BlockFi, one of the leading crypto lenders, raised the mammoth amount in a recent Series D round. BlockFi’s big day Crypto lender BlockFi has…
Lending
Celsius CEO Alex Mashinsky announces self-insurance for all its users’ coins
Crypto banking and financial services platform Celsius Network (CEL) plans to self-insure its users’ funds against unforeseeable losses, its co-founder and CEO Alex Mashinsky…
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Interview
Nexo founder on importance of crypto lending insurance and the differences between the 2017 and 2020 Bitcoin bull run
CryptoSlate recently had the opportunity to chat with the Managing Director of Nexo, Antoni Trenchev. Nexo is a leading digital asset company best known…
Lending
As crypto lending app Cred suspends withdrawals, Uphold terminates its contract
Crypto lending app Cred purged its services earlier this week amidst allegations of fraud coming to light. The service allows users to earn a…
Lending
Coinbase to allow Americans to take cash loans with Bitcoin collateral
US crypto exchange Coinbase is going all out with its crypto offerings ahead of a purported bull run, listing DeFi projects, in-demand altcoins, and…
DeFi
Crypto lending volumes set record as Ethereum DeFi tokens surge
Crypto lending is back in vogue. Lending firm Genesis said in a report Tuesday its business saw record volumes this year, presumably as the…
Analysis
Aave introduces new upgrade proposal, plans to migrate LEND to AAVE in 100:1 tokenswap
Decentralized financial platform Aave introduced a new plan today that is an integral part of their push towards a more decentralized governance structure. It…
DeFi
DeFi founder believes yield farming is a huge problem
The rapid rise in popularity yield farming has seen in the past few months have led to many questioning its sustainability. Stani Kulechov, the…
