Ledn: Financial Institutions Explore Bitcoin-Backed Lending
Lower interest rates and increasing crypto adoption are encouraging more financial institutions to embrace Bitcoin-backed lending. Financial institutions are increasingly entering the Bitcoin-backed lending space as Bitcoin adoption continues to grow among investment managers, while fiat interest rates become more restrictive, according to a statement by Bitcoin-backed lending platform Ledn to Cointelegraph on Sept. 25. Institutional […]
ETher.fi Prevents Domain Account Takeover, Secures User Funds
Ether.fi asserts security updates and partners for preventing a domain account takeover before user funds were taken. Ether.fi, a decentralized finance (DeFi) staking platform, reported that no user funds were compromised following a recent domain takeover attempt. On Sept. 24, the protocol experienced an attempted domain account hijacking through their registrar, Gandi.net. Fortunately, the attack […]
Deus X Capital Launches Solstice Labs for Institutional DeFi Growth
Deus X Capital has broadened its developing digital asset ecosystem by launching Solstice Labs, a business that will provide institutional-grade decentralized finance (DeFi) investment products. It was introduced two days after the launch of Cor Prime, a prime of prime broker exclusively focused on the digital asset market, by Deus X Capital. The announcement of […]
Chainalysis: Premium Index Boosts South Korean Crypto Market
The Korea Premium Index drives price increases in South Korea’s crypto market, where institutional trading is crucial. A recent report from Chainalysis shows that South Korea’s cryptocurrency market is experiencing significant growth, largely driven by the rise in the Korea Premium Index. The report emphasizes that local demand, institutional trading, and specific market dynamics in […]
Uniswap CEO Denies Allegations of Decentralized Financing Protocols
Hayden Adams, the CEO of the Uniswap protocol, denied allegations that Uniswap demanded payment from decentralized financing protocols for deployments on X. On September 12, the CEO of Uniswap Labs and Uniswap Foundation stated on the social media platform X that there are no fees associated with protocol deployments. Adams stated that protocol deployments occur […]