This Paradigm-Backed Startup Is Offering DeFi's First 'T-Bill'

This Paradigm-Backed Startup Is Offering DeFi’s First ‘T-Bill’

“What is the time value of money?” That’s the age-old question Allan Niemerg, former investment head at DRW and founder of newly launched Paradigm-incubated Yield Protocol, is trying to answer with his new programmatic money market. Released publicly Oct. 19, Yield is jostling to join a $2.6 billion decentralized lending industry dominated by established players …

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Crypto lender BlockFi now holds over 5% of Grayscale’s Bitcoin Trust shares

Crypto lender BlockFi now holds over 5% of Grayscale’s Bitcoin Trust shares

Crypto lender BlockFi has purchased a considerable stake in Grayscale’s Bitcoin Trust (GBTC), public records show. The lending firm’s holdings now represent a 5.07% ownership of the trust, according to a new filing with the Securities and Exchange Commission (SEC). The SEC requires that companies report anything over a 5% ownership of another company using form …

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Stellar Lumens, Algorand, Enjin Price Analysis: 26 October

Stellar Lumens, Algorand, Enjin Price Analysis: 26 October

Bitcoin’s bullish momentum was not shared by the altcoin market. Stellar Lumens was noting bearish momentum in the short-term and it could touch $0.82 over the next few trading sessions. Algorand retested a level as resistance and could be set to see further losses on the charts. Further down the crypto-ladder, Enjin Coin strengthened its …

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United States is the country of choice for institutional crypto trading service providers

United States is the country of choice for institutional crypto trading service providers

In a survey of institutional cryptocurrency trading service providers, The Block Research team has found that a majority of them, approximately 61%, are based in the United States. Other popular regions include Hong Kong, Singapore, and Switzerland for institutional-focused cryptocurrency trading firms. Furthermore, according to The Block Research’s John Dantoni, “about 75% of the firms …

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U.S. crypto exchanges have a plan for the travel rule. Now they just have to get along

U.S. crypto exchanges have a plan for the travel rule. Now they just have to get along

Quick Take A working group of 25 U.S.-based exchanges released a white paper this week outlining their platform to comply with FATF’s travel rule. The group includes some of the most prominent exchanges stateside, suggesting that the plan has legs. Now, the group has to develop a governance structure. This feature story is available to …

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