After agreeing to pay $45 million in fines to U.S. regulators, cryptocurrency lending company Nexo Capital has decided to end its yield-bearing Earn Interest product for its customers in the United St...
Tag: YieldBearing
FTX Investors Sue Bankman-Fried Over Yield-Bearing Crypto Accounts (Report)
FTX investors have sued the company’s ex-CEO Sam Bankman-Fried for illegally offering yield-bearing crypto accounts at the now insolvent exchange. The lawsuit, filed in Miami on Tuesday, alleges that...
Colony Avalanche Index Launches to Offer Yield-Bearing Avalanche Ecosystem Exposure
[PRESS RELEASE – Paris, France, 6th September 2022] Colony Lab, the Avalanche ecosystem accelerator, has partnered with decentralized crypto index platform Phuture to launch CAI, the first index token...
Citi Believes The Merge Will Make Ethereum a “Yield-Bearing Asset”
Citigroup Inc. or Citi, an American multinational investment bank, disclosed that the merge would make Ethereum (ETH) a deflationary asset. As a result, the second-largest cryptocurrency will become a...
New Ethereum Token Standard Might Allow Creation of Yield-Bearing Tokens: What is EIP-4626?
Vladislav Sopov Much-anticipated addition to Ethereum (ETH) protocol, a Tokenized Vault Standard, may change the game in DeFi Contents Turning tokens into vaults: Introducing EIP-4626 Ethereum (ETH) v...
New Ethereum Token Could Replace Yield-Bearing DeFi Assets
Key Takeaways A new standard for yield-bearing DeFi tokens has been finalized. ERC-4626 aims to make yield-bearing tokens more secure and easier to integrate into other DeFi protocols. Several protoco...