SEC Orders Salt Lending to Refund Investors in Its $47M ICO
The SEC has confirmed it is taking action against SALT Lending after ruling the company’s $47-million ICO was an illegal securities issuance. Read More
Bitfinex will offer 6.2% interest on three popular coins
Holders of these coins have a new way to get passive income. Read More
First Mover: Chainlink
Reef Finance Raises $3.9M for Cross-Chain DeFi on Polkadot
DeFi on Ethereum is costly and congested. Can other base layers step up? Polkadot’s Reef Finance has raised $3.9 million to try. Read More
Crypto finance firm Swipe launches Visa DeFi lending card
Borrowers in the U.S. can now get funds with a DeFi-powered Visa card by Swipe. Read More
DeFi
Compound, Gauntlet Founders Raise $4M for New DeFi Scout Fund
Robert Leshner’s Robot Ventures has secured $4 million in funding from Galaxy Digital and Paradigm to find early opportunities in DeFi. Read More
Is Reddit
Global economy saved: Reddit
93% of the top 250 coins declined in price in September
The DeFi hype faded in September, dragging prices with it. Read More