Illustrates Amber Group's suspected market making for Yield Basis protocol, showing token transfers and CEX deposits.
Blockchain News

Amber Group’s Crucial Role: Suspected Market Making for Yield Basis Protocol Unveiled

The cryptocurrency community is currently buzzing with significant revelations concerning a prominent market maker. **Amber Group** stands accused of potentially playing a crucial role in the newly launched **Yield Basis** (YB) protocol. This decentralized BTC yield initiative, spearheaded by **Curve Finance** founder **Michael Egorov**, faces questions regarding its operational transparency. Specifically, an address reportedly linked […]

Digital representation of Curve DAO approving a crvUSD credit line for Yield Basis, symbolizing a significant DeFi governance decision.
Bitcoin News

Curve DAO Approves Crucial $60M crvUSD Credit Line for Bitcoin Yield Protocol

The decentralized finance (DeFi) landscape consistently pushes boundaries. Recently, a pivotal development occurred. Curve DAO has officially approved a substantial $60 million crvUSD credit line for Yield Basis (YB). This move underscores the dynamic nature of DeFi and its potential for innovative financial structures. Curve DAO’s Landmark Decision for Yield Basis Curve DAO’s recent governance […]

Kraken's new Bitcoin yield protocol YB platform interface, symbolizing innovative growth and secure opportunities.
Bitcoin News

Kraken Unveils Pioneering Bitcoin Yield Protocol YB on New Launch Platform

Cryptocurrency exchange Kraken makes a significant move into the decentralized finance (DeFi) space. The company has officially announced the launch of Yield Basis (YB), a new Bitcoin yield protocol. This innovative offering will debut through its dedicated new platform, Kraken Launch. Wu Blockchain first reported this development, highlighting its potential impact on the crypto ecosystem. […]