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At a panel held at the Unitize blockchain conference, representatives from the Cosmos, Polkadot, and Terra networks unveiled Anchor, a new DeFi savings product built on Terra that offers yield on stablecoin (Terra) deposits powered by staking rewards from PoS blockchains. The protocol will take thos...
Today Arca began selling shares in the “Arca U.S. Treasury Fund,” an SEC-registered closed-end fund whose digital shares – ArCoins – are issued and tradable on the Ethereum blockchain. The fund will produce regular interest payments by investing the majority of its assets into a portfolio of short-...
At Cardano’s Virtual Summit last week, development firm IOHK (Input-Output Hong Kong) announced it had partnered with Coinbase Custody. The exchange’s custody arm agreed to support ADA storage and staking later this year. IOHK expects Cardano’s Proof-of-Stake (PoS) protocol, called Shelley, to launc...