Apurva Chiranewala
Investors shifting toward lower-risk crypto yields: Block Earner GM
Block Earner, an Australian fintech company, says the fall of Terra Luna in May has led to “positive surprises” for his company, with investors beginning to find their way toward the lower-risk crypto yield products they offer. Speaking to Cointelegraph, the company’s general manager Apurva Chiranewala revealed that the company has seen a surge of investors previously seeking double-digit returns but now wants a “less risky version” of those returns. “Given that the risks have gone up significantly for those returns, those guys have actually started coming in engaging with us because we look like the less riskier version of those double-digit return products.” Before their collapse, crypto lending platforms such as Celsius and Anchor Protocol offered annual percentage yields (APYs) o...
