An ICO fraudster has pleaded guilty to a scandal in which he defrauded financial institutions over $7 million in Covid relief funds. The fraudster used […] …
Tag: Lending
Yearn Finance picks up $1 million within YFI as part of planned buyback
Yearn. Finance (YFI), a popular decentralized finance (DeFi) protocol on Ethereum, has bought back $1. 164 million worth associated with YFI tokens yesterday. The posting Yearn Financing picks up $1 million in YFI as part of planned buyback appeared first on CryptoSlate . …
Investor Lodges Class-Action Complaint Against Nexo Over Suspension Of XRP That Caused $5M In Losses
The world’s biggest cryptocurrency lender Nexo is being sued by a California resident for suspending XRP payments back in December. Nexo was among the first firms to cut ties with XRP after the SEC launched its lawsuit against Ripple. The plaintiff, Junhan Jeong, is now pursuing legal action against Nexo for this “intentional and unjustified” […] …
Story of a Safe Haven: Why Investors Flock to Gold During a Recession
In the last 50 years, gold has climbed from $410 an ounce up to around $1,900 an ounce today and has earned a reputation as one of the most reliable investment assets. Although gold is rapidly growing in popularity among investors, during times of a recession, its popularity tends to skyrocket — and it’s not […]
The post Story of a Safe Haven: Why Investors Flock to Gold During a Recession appeared first on CryptoPotato. …