• Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA
Saturday, August 13, 2022
Online Crypto College
Advertisement
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
  • Blockchain
  • Regulation
  • Trading
  • Learn Crypto
    • Free Crypto Training
    • iCoinPro Crypto Trading
No Result
View All Result
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
  • Blockchain
  • Regulation
  • Trading
  • Learn Crypto
    • Free Crypto Training
    • iCoinPro Crypto Trading
No Result
View All Result
Online Crypto College
No Result
View All Result

Cake Defi Emphasizes ‘Transparency’ During Time Of Crypto Market Turmoil

June 14, 2022
in Crypto News
Reading Time: 2 mins read
A A
ShareShareShareShareShare

Cake DeFi gets ahead of FUD (Fear Uncertainty and Doubt) with their latest blog post, quelling any fears that users’ funds are at risk. 

Covered:

  • Cake DeFi Emphasizes Transparency And Its Status As A DeFi Platform

Cake DeFi Emphasizes Transparency And Its Status As A DeFi Platform

With the recent crypto market turmoil in mind, Cake DeFi decided to update its customers on its status in order to differentiate itself from the beleaguered Celsius Network.

The Singapore-based company operates a DeFi platform that includes buying, selling, and staking. It recently received regulatory approval from Lithuania, which will likely lead to wider spread adoption through Europe. 

‘First and foremost, we want to reassure our customers that the current market conditions have little or no impact on Cake’s daily business. As usual, we are processing 99% of all withdrawals within 24 hours, even though some can take up to a maximum of 72 hours,” the DeFi-focused company said via their blog pointing out they are a safe and stable alternative to Celsius.

Unlike CeFi competitors, Cake DeFi only acts as an intermediary with no claim to customer assets. “… we provide users a “safe passage” or access to decentralized finance (DeFi) services,” the DeFi platform explained. As a result, users’ funds are available to them no matter the market conditions or Cake DeFi’s status as a platform.

Moreover, they emphasize the transparency of their platform as a fundamental reason for their continued success. “On Cake DeFi’s platform, we provide transparency on all transactions, yields, masternodes and other information that would be valuable to our users. This is our promise to our customers – and how they continue to trust us with their funds.”

Trending

Algorand Founder Silvio Micali Thinks Agrotoken Is A ‘Billion-Dollar Opportunity’

Recommended: The Bitcoin Bottom Is in, Says Peter Schiff

Credit: Source link

Related articles

Curve Finance resolves site exploits, directs users to revoke recent contracts: Finance Redefined

August 13, 2022

Institutional Interest Increases in Ethereum With The Merger Around The Corner

August 13, 2022
ShareTweetSendPinShare
Previous Post

Tether CTO Calls for Fair Regulation Following Terra Luna Crash

Next Post

Bitcoin 3-day Chart Indicates March 2020 Crash Recurrence

Related Posts

Curve Finance resolves site exploits, directs users to revoke recent contracts: Finance Redefined

August 13, 2022

Covered: Curve finance Resolves Exploits Curve finance Resolves Exploits Welcome to Finance Redefined, your weekly dose of essential decentralized finance...

Institutional Interest Increases in Ethereum With The Merger Around The Corner

August 13, 2022

The Ethereum upgrade is all the hype these days and is highly anticipated due to the scalability and security it...

Binance Announces Seizure Of Assets Linked To…

August 13, 2022

Binance has announced that it has seized assets worth around $450,000 that is linked to the Curve Finance exploit that...

If Bitcoin Price Manages To Surpass This Level, BTC Could Surge By 50%

August 13, 2022

Bullish start to the day! The crypto market has opened the day on a bullish note as major cryptocurrencies like...

Bitcoin Washout Is Over, Analysts Say

August 12, 2022

Is the Bitcoin washout (a.k.a. dump) over? These analysts think so.  Covered: Bitcoin Washout Supercycle In Full Swing Bitcoin Washout...

Load More
Next Post

Bitcoin 3-day Chart Indicates March 2020 Crash Recurrence

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Daily Financial Regulation Update — Saturday, August 6, 2022 | Paul Hastings LLP

August 8, 2022

Cleanspark Acquires Plug-in-Ready Bitcoin Mining Facility With up to 86 MW of Capacity – Mining Bitcoin News

August 9, 2022

Bitcoin Dominance level To Turn Around In September! Here’s How Bitcoin and Ethereum Will Perform

August 7, 2022

Top US Regulatory Agencies Seek To Mandate New Crypto Disclosure Guidelines for Private Funds

August 11, 2022

Biden Slammed for Claiming US Economy Had 0% Inflation in July — One Lawmaker Calls It ‘Sad and Dangerous’ – Economics Bitcoin News

August 11, 2022

About Us

This is an online news portal that aims to provide the latest Crypto news, Altcoins, blockchain, regulations and much more stuff like that around the world. Feel free to get in touch with us!

What’s New Here!

  • Axie Infinity Surpasses $4 Billion in All-Time Sales, Team Removes SLP Rewards From Classic Game Mode – Bitcoin News
  • DeFi protocols Aave, Uniswap, Balancer, ban users following OFAC sanctions on Tornado Cash
  • Ethereum is recovering its dominance over stablecoins

Newsletter

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2022 - OnlineCryptoCollege.com - All rights reserved!

No Result
View All Result
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
  • Blockchain
  • Regulation
  • Trading
  • Learn Crypto
    • Free Crypto Training
    • iCoinPro Crypto Trading

© 2018 JNews by Jegtheme.

  • bitcoinBitcoin(BTC)$24,468.001.28%
  • ethereumEthereum(ETH)$1,984.863.27%
  • tetherTether(USDT)$1.00-0.15%
  • usd-coinUSD Coin(USDC)$1.00-0.12%
  • binancecoinBNB(BNB)$325.900.23%
  • cardanoCardano(ADA)$0.564.56%
  • rippleXRP(XRP)$0.3801360.67%
  • Binance USDBinance USD(BUSD)$1.000.21%
  • SolanaSolana(SOL)$46.724.67%
  • polkadotPolkadot(DOT)$9.400.61%
  • dogecoinDogecoin(DOGE)$0.0738742.91%
  • AvalancheAvalanche(AVAX)$29.220.22%
  • Lido Staked EtherLido Staked Ether(STETH)$1,933.083.30%
  • matic-networkPolygon(MATIC)$1.018.95%
  • Shiba InuShiba Inu(SHIB)$0.0000130.94%
  • daiDai(DAI)$1.00-0.09%
  • tronTRON(TRX)$0.069982-0.17%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$24,462.001.46%
  • ethereum-classicEthereum Classic(ETC)$44.013.03%
  • OKBOKB(OKB)$22.505.71%
  • leo-tokenLEO Token(LEO)$4.882.24%
  • litecoinLitecoin(LTC)$63.641.97%
  • NEAR ProtocolNEAR Protocol(NEAR)$5.910.50%
  • chainlinkChainlink(LINK)$9.18-0.07%
  • FTXFTX(FTT)$31.411.97%
  • UniswapUniswap(UNI)$9.05-0.61%
  • CronosCronos(CRO)$0.1544940.04%
  • cosmosCosmos Hub(ATOM)$11.970.85%
  • stellarStellar(XLM)$0.1266790.72%
  • FlowFlow(FLOW)$2.960.52%
  • moneroMonero(XMR)$166.841.02%
  • bitcoin-cashBitcoin Cash(BCH)$143.891.31%
  • algorandAlgorand(ALGO)$0.3716522.56%
  • vechainVeChain(VET)$0.032999-0.03%
  • filecoinFilecoin(FIL)$8.40-3.60%
  • ApeCoinApeCoin(APE)$6.84-0.92%
  • Internet ComputerInternet Computer(ICP)$8.21-0.37%
  • decentralandDecentraland(MANA)$1.071.19%
  • ChainChain(XCN)$0.087216-0.06%
  • HederaHedera(HBAR)$0.082005-0.40%
  • Axie InfinityAxie Infinity(AXS)$19.646.03%
  • The SandboxThe Sandbox(SAND)$1.341.81%
  • tezosTezos(XTZ)$1.920.48%
  • QuantQuant(QNT)$127.492.03%
  • Lido DAOLido DAO(LDO)$2.9411.97%
  • theta-tokenTheta Network(THETA)$1.60-1.06%
  • Celsius NetworkCelsius Network(CEL)$3.7339.03%
  • AaveAave(AAVE)$110.55-1.67%
  • ElrondElrond(EGLD)$65.27-0.30%
  • FraxFrax(FRAX)$1.000.17%