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Yield-bearing crypto assets poised to grow after regulatory clarity, report says
https://img.etimg.com/thumb/msid-125343003,width-1200,height-630,imgsize-355294,overlay-etmarkets/articleshow.jpg Yield-bearing assets in the cryptocurrency market are expected to grow rapidly as institutional adoption accelerates after the passage of the GENIUS Act, blockchain firm RedStone said in a report on Wednesday. The U.S. has enacted the GENIUS Act, a stablecoin law that creates a…
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Just-In: Delio CEO Announces Phased Withdrawal Resumption
South Korea’s top crypto lending company Delio, which was embroiled in the Lugpool controversy suspended withdrawals two days ago. Now their CEO recently announced the plans to resume withdrawals in phases. While Decenter shared the announcement aimed to appease investors, specific details regarding the repayment period, method, and extent of the damage were not disclosed. Delio Resumes…
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Breaking: Haru Invest, Delio Face Class Action Lawsuits As Billions In Crypto Frozen
Crypto yield platform Haru Invest suspended withdrawals and deposits and crypto lending firm Delio halts withdrawals. As a result of crypto worth billions frozen, Haru Invest and Delio investors are preparing to bring class action lawsuits against the crypto firms. South Korea is one of the largest crypto markets, with crypto assets worth billion traded daily on several crypto platforms in the…
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U.S. Government Debt Overtakes Crypto Yields In Current Macro
U.S. Government Debt Overtakes Crypto Yields In Current Macro
Amid the current macro conditions and fall of the crypto market, yields in digital assets have tanked under that offered by the safest U.S. government debt. The fall of the crypto hedge funds and lending players has also created a negative sentiment toward crypto lending putting pressure on yields. The… Read more
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