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Decentralized Lending Protocol C.R.E.A.M Finance to Offer Euro backed Tether Tokens, EURt July 26, 2021 @ 8:23 pm By Omar Faridi C.R.E.A.M. Finance, a decentralized lending protocol, has revealed that it will be “the first” protocol in the decentralized finance (DeFi) space to provide a Euro-backed stablecoin in, “with the addition of Tether tokens pegged to the euro (EURt).” Paolo Ardoino, CTO at Tether Operations Limited, stated: “We see a huge pent up demand for euro based stablecoins in the DeFi space. We’re excited that C.R.E.A.M. Finance is the first DeFi platform to support Tether tokens pegged to euro (EURt) for yield earning services.” ....
Vertex Ventures, zVentures back Southeast Asia-focused crypto exchange Coinomo dealstreetasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dealstreetasia.com Daily Mail and Mail on Sunday newspapers.
8 expert predictions ahead of Coinbase s hotly anticipated IPO next week [email protected] (Isabelle Lee) Many view it as a significant milestone for the cryptocurrency space. Insider compiled views from eight experts on what it could mean for rapidly growing digital currency market. Popular Searches Adding to the excitement, the cryptocurrency trading giant reported a whopping $1.8 billion revenue in the first quarter of the year on Tuesday, compared to the $1.3 billion for all of 2020. On the back of the eye-popping earnings, DA Davidson analyst Gil Luria increased his price target by 125% to $440 from $195. The analyst derived his adjusted price target from a 20x multiple based on the company s expected revenue this year. ....
News In a press release today, C.R.E.A.M. Finance announced a new feature for (and, by proxy, an unofficial relaunch of) Iron Bank, the protocol-to-protocol lending platform designed for flash and undercollateralized loans. C.R.E.A.M., which founder Leo Cheng describes as “the yolo-est Compound fork,” is a money market designed to cover assets that are “underserved” and allow for greater capital efficiency for decentralized finance power users, listing assets such as Yearn vault tokens and liquidity pool tokens. “We’re adding assets that people want to have but others may be scared of,” said Cheng. ....
DeFi Bermuda Trading Subsidiary Generates 755.47% Re-turns Since Inception globenewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globenewswire.com Daily Mail and Mail on Sunday newspapers.