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Breaking: Coinbase to suspend USDT trading for Canadian users

Users will still be able to deposit and withdraw after the deadline, but trading will be suspended. Cryptocurrency exchange Coinbase will suspend trading of Tether (USDT), DAI, and RAI stablecoins for Canadian users beginning August 31. In an August 17 email notice to users , Coinbase said that "we regularly monitor the assets on our exchange to ensure they meet our listing standards," and based on its review, trading of the aforementioned stablecoins will no longer be available to Canadian users starting September. However, Canadian users can still deposit and withdraw the stablecoins after the proposed deadline. In a statement, the exchange wrote: "Coinbase Canada, Inc. has filed an application for registration in certain Canadian jurisdictions but has not yet obtained registration. Until such time as Coinbase Canada, Inc. obtains registration, it has agreed to abide by the terms of an undertaking." This is a breaking news story, and further information wil...

Yearn​.finance opens vault deployment access to all users

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“All factory-deployed vaults have no management fees and a flat 10% performance fee,” the DeFi project wrote. Decentralized yield protocol Yearn. finance said in a Jan. 9 tweet that all users can now create sophisticated Permissionless Vault Factories on its platform. The current version of Vault Factory works with stablecoin-swapping platform Curve Finance and its liquidity provider (LP) tokens and Features three premade yield strategies. “Our new Permissionless Vault Factory lets anyone deploy an auto-compounding yVault for any Curve pool with an active liquidity gauge. Yes, anyone. Factory-deployed vaults have no management fees and a flat 10% performance fee. Nice!” Cast your vote now! As told by Yearn. finance , the first, dubbed “Boosted Factory,” uses Yearn’s vote-escrowed CRV balance of 45.1 million to give users a maximum boost of 2.5x on CRV rewards. The second, “Convex Factory,” supplies additional CRV LP tokens beyond the maximum to the decentralized platform Convex Fi...