CoinsAQ summary · neutral
Nectar Group raises $5 million seed round for HoneyB Bitcoin yield platform
What happened
Bitcoin logo (public domain), by Grayliptrot via Wikimedia Commons (Public domain) Portal Ventures led the round for the platform, which lets holders borrow stablecoins against Bitcoin and targets 2% to 4% annual returns Nectar Group, the developer of Bitcoin income platform.
Related asset context
Not financial advice. News and sentiment can be incomplete, delayed, or change quickly.
Continue researching
Related stories
FBI confirms North Korea's role in $6 billion Binance hack, asks DeFi community to block BTC, ETH, SOL addresses
FBI confirms North Korea's role in $6 billion Binance hack, asks DeFi community to block BTC, ETH, SOL addresses While the FBI listed hundreds of addresses in its notice, Chainalysis said the Binance attackers have already used "thousands addresses," and expects this.
US Sanctions Two Russians Over North Korean IT Workers’ Crypto Cash-Outs
The US action targets the cash-out stage of a scheme that the UN estimates generates $250 million to $600 million annually for North Korea.
