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CeFi

Spartan Group Launches New DeFi Venture Fund
CeFi

Spartan Group Launches New DeFi Venture Fund

The Spartan Group has announced the launch of its $50M Spartan DeFi Venture Fund aimed to back new founders and innovators in the DeFi space. The group has raised $30M of their targeted $50M. Investors include bankers and finance industry veterans who want to see DeFi succeed as the future of finance.  They pitch themselves…
Grayscale Says ETH is Money, Commodity, and Interest-Bearing Asset
CeFi

Grayscale Says ETH is Money, Commodity, and Interest-Bearing Asset

Grayscale also thinks ETH is money. Digital currency asset manager Grayscale, breaks down three lenses through which to value  Ethereum’s cryptocurrency Ether; money, commodity and interest bearing asset, in its first Ethereum-specific report. Grayscale offers institutional investors a vehicle to get exposure to ETH via its Ethereum Trust, which now has an AUM of $5.1B.…
Binance Launches High-Yield CRV Staking Option
CeFi

Binance Launches High-Yield CRV Staking Option

Binance is offering a new high-yield staking option for CRV holders. Locked CRV staking will be offered on a first-come, first-served basis, and is available for 15, 30, and  60- day durations. Lenders can stake anywhere from one to 5,000 CRV, and earn up to 13.42% APY for a 60-day locked stake. CRV is the…
We Need to Talk About #TETHER
CeFi

We Need to Talk About #TETHER

Tether has faced accusations from many in the digital asset industry that it is a form of privately-issued fiat currency, backed not by “real” dollars in any meaningful way but minted in ever-increasing quantities to buy (and inflate the price of) assets like BTC.
Algorithmic Stablecoins: Sexy AF or A Load of Pants?
CeFi

Algorithmic Stablecoins: Sexy AF or A Load of Pants?

While your regular crypto asset will fling you around like a ragdoll and reduce your life expectancy by double digits at least twice a month, stablecoins wrap us in a warm embrace and whisper in our ears that maybe, just maybe, things will be okay. They’re an anchor, a refuge and they too come in…