Crypto Lending Firm BlockFi Secures $30M to Facilitate Mainstream Adoption

Cryptocurrency-lending startup BlockFi has secured $30 million from an array of investors, including Morgan Creek Digital, Winklevoss Capital and Arrington XRP Capital. Cryptocurrency-lending startup BlockFi has secured $30 million from an array of investors, including Morgan Creek Digital, Winklevoss Capital and Arrington XRP Capital. The Series B funding round was led by United States-based capital […]

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Ethereum Classic Jumps Into DeFi With Fantom Partnership, But Only as Collateral

Ethereum Classic Labs and Fantom Foundation are joining forces to promote decentralized finance, using Fantom’s ecosystem for the base and ETC as collateral. ETC Labs and Fantom Foundation are collaborating to bring decentralized finance (DeFi) to Fantom’s ecosystem, a Feb. 10 press release announced. Ethereum Classic (ETC) will serve as collateral for issuing a stablecoin […]

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Crypto Companies Adopt Features Similar to Banks (Only Better) to Drive Growth

Cryptocurrency companies adopt features similar to legacy finance, offering better benefits to users. But will this help in the end? Cryptocurrency exchange Deribit recently published an analysis explaining that cryptocurrency companies are racing to adopt financial services known from legacy finance.  The post points out that all crypto companies, exchanges included, will soon offer users […]

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