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CryptoGlobe
2018-11-04 23:59:31

US Federal Reserve's Monetary Policies May Affect Cryptocurrencies, Financial Analyst Says

Robert Leshner, a chartered financial analyst, recently said that one of the problems with digital currencies is that you cannot earn interest on them. Leshner’s response to this was to launch Compound - a company which holds users’ cryptocurrency and pays them a rate of return. Backed by investments from venture capital firm, Andreessen Horowitz, and Coinbase Ventures, Compound lets users deposit their basic attention tokens (BAT), augur (REP), 0x (ZRX), and WETH - in order to earn interest on them.