Crypto Compound Finance 101: Here’s Everything You Need to Know

The crypto space has, in recent times, witnessed a surge in decentralized finance platforms with crypto compound finance being the latest innovation, and that has grown incredibly in the past year. In the crypto space, compound finance refers to an algorithmic, open-source protocol that creates money markets, currently mostly on the Ethereum blockchain. In other words, a compound can be defined as a fully automated, decentralized money market protocol. Compound finance allows users and applications to access the financial platform…

Crypto Lending Business To Finally Be Available in BitGo

BitGo, a crypto custody provider, will be launching an institutional-level crypto lending service. According to a 5th March 2020 announcement, this new venture named “BitGo Prime LCC” will be incorporated as a separate legal entity. BitGo Project's Business Interests BitGo's head of financial Services, Nick Carmi gave more details on this venture. This crypto lending platform shall aim to provide services to the credit market in a similar manner as more traditional financial markets. He believes this new venture shall…