Borrowers will be able to put up crypto collateral to secure loans from Compound Treasury at a 6% interest rate.
The Ethereum blockchain is anticipated to move from proof-of-work to proof-of-stake on or around September 15, 2022.
In a PoS system, validators “stake” the native coin of the blockchain by transferring it to a smart contract, where it remains locked. A random validator is then picked to validate each new block and collect […]
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DeFi Lender Compound Takes Bite of Institutional Crypto Loans PieDeFi lending platform Compound is adding a new crypto loans service for institutions to its on-chain Treasury product.
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US Treasury Explains How Americans Can Recover Crypto Locked in Tornado CashJUST IN: The USTreasury published new FAQs Tuesday, detailing how U.S. persons can withdraw any crypto locked in privacy mixer Tornado Cash, among other issues. nikhileshde reports
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Economist: El Salvador's Year With Bitcoin Currency Has Been 'Spectacular Failure'According to economist John Hawkins, El Salvador's grand crypto experiment, led by Crypto Commander in Chief President Nayib Bukele, has been a disaster.
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Bankrupt Crypto Broker Celsius Has New Plan to Become Hot Again, Codenamed 'Kelvin'In a closed-door meeting, Celsius’ CEO reportedly called this new crypto banking project ‘Kelvin’ that promised to turn the platform into a crypto custody firm.
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