CeFi - Page 5
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CeFi Meets DeFi as Celsius Joins Forces with Maple Finance on Crypto Lending Protocol
Celsius is the first centralized lender on Maple Finance's platform.
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SEC Says BlockFi Misrepresented Risk to Crypto Depositors In $100M Order
Crypto lender BlockFi has agreed to pay $100M to settle charges that it misrepresented risks to depositors.
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Bitfinex's LEO Token Explodes After US Seizes $4B of Bitcoin Lost in 2016 Hack
Bitfinex's LEO token surged after news of a $4B seizure of Bitcoin stolen from the exchange in a 2016 hack.
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Coinbase Inks Deal with Mastercard as it Musters for Battle with OpenSea
Coinbase did a deal with Mastercard to secure fiat inflows in its market share battle with OpenSea.
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DeFi Dynamo Paradigm Spreads its Bets with Investment in Citadel Securities
Paradigm's investment in Citadel Securities will broaden its portfolio away from DeFi to TradFi.
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Terra Money + THORChain + Olympus Pro = Vader Protocol
Vader is a Liquidity Protocol anchored by a Native Stablecoin with Slip-Based Fees AMM, IL protection and Synthetics. DAO governed Protocol Owned Liquidity.
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Binance Unveils $1B Growth Fund to Supercharge Blockchain Adoption
Binance, the world’s largest cryptocurrency exchange, has allocated $1 billion in funding to a new growth fund that aims to kickstart the next phase of expansion for Binance Smart Chain (BSC). According to the announcement, $100M will be earmarked for talent development to enable a “new generation of crypto-native professionals to push crypto adoption forward.”…
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Robinhood’s New Crypto Policy Poised to Bolster DeFi and NFTs
Robinhood, the wildly popular brokerage app, just made a move that could be a shot in the arm for DeFi. It plans to introduce crypto wallets in 2022 that will enable customers to deposit and withdraw Bitcoin, ETH, and other digital tokens from their accounts to external wallets. Robinhood’s current system doesn’t provide customers with…
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Binance Now Supports Direct Polygon Withdrawals and Deposits
DeFi is getting easier for CeFi users. Crypto’s largest centralized exchange, Binance, now allows users to withdraw and deposit Polygon’s MATIC token directly from and onto the protocol’s proof-of-stake mainnet. Previously users needed to go through a multi-step process, either utilizing one of Binance’s two blockchains or swapping for Ethereum-based versions of MATIC when withdrawing…
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Robinhood Plans to Bolster Crypto Post-IPO
Retail investor-focused stock trading app Robinhood plans to bolster its crypto functionality. Ahead of its upcoming IPO on July 29, Robinhood livestreamed its “roadshow” to give investors insight into the company’s growth plans. Referring to Robinhood’s crypto offerings during the livestream, CFO Jason Warnick said the company would be “making a lot of investments in…