The cryptocurrency lending industry has been booming lately, with the options to borrow against holdings or earn interest by making loans becoming easier to find. But the interest rates seem too good to be true.
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Huobi, Binance throw Justin Sun under the bus
The two exchanges have essentially repudiated their support of the mega-marketing Tron CEO’s hostile takeover of the Steem blockchain
Facing widespread anger from the Steem community, two leading cryptocurrency exchanges have thrown Tron Foundation CEO Justin Sun under the bus after initially supporting his hostile takeover of the Steem blockchain.
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Circle sheds another business, three executives
The blockchain payments firm sold its Circle Trade OTC operation to Kraken, while CFO Naeem Ishaq joined co-CEO Sean Neville in heading for the door
Six-year-old blockchain payments firm Circle announced on Dec. 17 that it has sold its Circle Trade over the counter (OTC) desk to the Kraken cryptocurrency exchange. The firm also said in addition to co-CEO Sean Neville—whose departure was announced on Dec. 4—CFO Naeem Ishaq and Chief Legal Officer Gus Coldebella were “transitioning from the company into new adventures befitting their expertise.”
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Poloniex Boots DigiByte after founder’s Tron attack
Calling someone you’re doing business with a ‘con man’ is a pretty good way to ensure you won’t do business with them again
Cryptocurrency Exchange Poloniex is delisting DigiByte's DGB token after its CTO, Jared Tate, went on a Twitter rant. His target, Tron CEO Justin Sun, first denied and then admitted to being part-owner of Poloniex recently.
