NFT Collection The Superlative Secret Society Price, Stats, and Review
Bitcoin’s crash below $54000 – Are long-term holders worried yet?
Robinhood’s crypto futures launch set to boost DOGE, BONK, KANG
Bitcoin mining stocks slumping in pre-market trading
PancakeSwap Opens Claim For 2.4M ZK Tokens As zkSync Denies Insider Minting
U.S. Added 206K Jobs in June as Unemployment Rate Rose to Highest Since November 2021
Binance Reveals Major Updates On Futures Trading & ASI Token Merger
Using Bitcoin for Online Casino Transactions: A Guide
First Mover Americas: Bitcoin Slumps Below $54K as Mt. Gox Flags Repayments
Stop selling German Bitcoin, do this instead: MP Joana Cotar
German Govt. Offloads Another 547 Bitcoins, Rejects Lawmaker’s Suggestion
Bitcoin Technical Analysis: First Drawdown of Over 25% in 14 Months
Klever Celebrates Two Years of Mainnet with a Rewarding Cashback Campaign by Klever Wallet and VoxSwap
Stablecoins As A New Frontier: Russia Seeks Alternatives For Cross-Border Payment System
Kucoin to Implement 7.5% VAT on Transaction Fees for Nigerian Users
Bitcoin Traders Target $50K as Billions in BTC Selling Pressure Looms
Coinbase, MicroStrategy & Bitcoin Miners Stocks Extend Losses Ahead US Job Data
BBAChain Unveils a Groundbreaking Layer 1 Technology for Blockchain-Based Elections
HashKey Global Ranks Top 10 Globally and Achieves Profitability Within 2 Months of Launch
BNB Drops Below $500, Extended Bearish Trend On The Horizon?
Mt. Gox shifts Bitcoin worth $2.7B to new address: ‘Dumping’ panic rises
Solana (SOL) holds up well against Bitcoin (BTC) and Ethereum (ETH) during current crypto crash
EBA to extend EU Travel Rule to crypto exchanges starting from December
Is Bitcoin Price Crash Far from Over? Here is the Untold Story
Coinbase Wallet to let users lend out crypto and track interest earned across multiple DeFi platforms
Coinbase Wallet has integrated with decentralized finance (DeFi) apps to let users lend out crypto assets and track interest growth directly on their wallet.
According to the company's Wednesday announcement, users of Coinbase Wallet are already placing millions of dollars into DeFi platforms via the wallet’s built-in DApp browser and the WalletLink feature. However, Coinbase is looking to make the user experience more seamless. Previously, users couldn't easily compare rates offered by different providers or view their total balance across these providers.
The new feature provides an easier way for wallet users to interact with DeFi platforms like Compound and dYdX, the announcement said. Users can pick a coin, choose a smart contract provider and invest any amount of crypto into the selected DeFi product. They can then view their total balance and interest earned without leaving the wallet.
The feature will be available for iOS users this week and Android users in coming weeks, according to the announcement.
At the same time, Coinbase warned investors that DeFi products are still new and relatively risky. They should thus proceed with caution.
“Before you get started, please be aware that DeFi lending apps are relatively nascent and come with risks,” said the announcement. “DeFi apps are programs running on the blockchain, and like any computer code they can potentially have bugs that cause you to lose money.”
“Returns are not guaranteed and your deposits are not insured,” it added.
