Investors shifting toward lower-risk crypto yields — Block Earner GM
The Australian fintech company has seen a surge in investors wanting a “less risky version” of double-digit crypto returns. Block Earner, an Australian fintech company, says the fall of Terra in May has led to “positive surprises” for his company, with investors beginning to find their way toward the lower-risk crypto yield products they offer. Speaking to Cointelegraph, the company’s general manager Apurva Chiranewala revealed that the company has seen a surge of investors previously seeking double-digit returns but now wants a “less risky version” of those returns:“Given that the risks....
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Taking the “heavy lifting” out of DeFi — Block Earner has received $6.4 million in seed funding and is ready to offer fixed yields from Aave and Compound to Australian investors. Australian fintech company, Block Earner, has officially gone live, offering everyday investors a 7% fixed rate investment product by utilizing decentralized finance (DeFi) technology.Block Earner has already attracted attention from big names in the crypto industry, finalizing a $6.4 million seed funding round in December last year. It was led by Framework Ventures and joined by Coinbase Ventures, DeFi Alliance,....
The intricate dance between Bitcoin, crypto and real yields is becoming increasingly pronounced. As the world of traditional finance grapples with the implications of shifting real yields, the BTC and crypto market is not immune to these fluctuations. For the uninitiated, the ‘real yield’ refers to the yield on US treasuries, adjusted for inflation. This metric is pivotal in understanding the broader financial ecosystem, and its movements can have profound implications for risk assets, including Bitcoin and other cryptocurrencies. Higher Real Yields = Bitcoin And Crypto Down....
BlueBenx’s lawyer, Assuramaya Kuthumi, revealed that the attack resulted in the loss of $32 million, which many investors found hard to believe. BlueBenx, a Brazilian crypto lending platform, reportedly blocked all of its 22,000 users from withdrawing their funds following an alleged hack that drained $32 million (or 160 million Brazilian real). While no details about the hack were made available, the company allegedly laid off most of its employees.BlueBenx joins the growing list of crypto companies that failed to deliver on their promise of exorbitant yield returns this crypto winter.....
With high market uncertainty, low inflation, and negative interest rates in many countries, it’s becoming harder for investors to ignore Bitcoin, which is one of the very few investments these days to offer an alternative to further losses. Bond Yields Going Negative Globally. Amid recent market turmoil following Brexit, slashing of forecasts and credit....
With all the questions undermining stock and bond yields nowadays, it only makes sense for investors to take a serious look at bitcoin's earnings potential. Look for the financial community to pay closer attention to bitcoin in the present investment environment. Investors looking to diversify their portfolios should consider bitcoin and digital currency, according to this past weekend's "Weekend Investor" report in The Wall Street Journal. The article, titled "In Search of Higher Returns" featured a shiny, logoed bitcoin rising as one hand gives a 100-dollar bill to another outstretched....