Coinbase Venture-backed crypto lending platform BlockFi says it just liquidated a large client for failing to meet its obligations on an overcollateralized margin loan. Amid speculations surrounding t...
Tag: lending
No Medium-Term Lending Facility Rate Cut But Online Retail Sales Pick Up
China Last Night KraneShares Key News Asian equities were a sea of red excluding Hong Kong and China, which posted gains. The PBOC kept the 1-year medium-term lending facility rate at 2.85% despite th...
SEC Chairman Warns of Crypto Lending Platforms With Unrealistic Returns
Gary Gensler – Chairman of the Securities and Exchange Commission (SEC) – spoke about crypto during the RFK Human Rights Compass Summer Investors Conference on Tuesday. He cautioned the public about t...
Nexo Proposes Buyout of Celsius Assets as Crypto Lending Rival Halts Withdrawals
Digital asset manager Nexo responded to the news of its rival Celsius pausing withdrawals by tabling a proposal for a buyout of certain of the firm’s liquid assets. Pointing to “what appears to be the...
Why did Crypto lending platform NEXO propose to buyout rival platform Celsius?
Amidst the crypto market going through huge crashes and seeking steep decline, crypto lending protocol Celsius freezed it’s operations This came as quite a surprise when a prominent crypto...
Crypto Lending Company Blockfi Cuts Staff by 20% – Bitcoin News
On Monday, the cryptocurrency lending company Blockfi announced that “market conditions” have had a “negative impact” on the firm’s business and it will be laying off “roughly 20%” of its staff. The m...
Lending Platform Celsius Freezes Withdrawals, Raising Liquidity Concerns
Celsius has announced that it has paused all withdrawals on its platform from the early hours of Monday. The lending platform which is used by more than 1.7 million people in the crypto space made thi...
Ethereum’s Dip to $1,150 May Cause Catastrophe on Lending Market, Here’s How
Arman Shirinyan Ethereum is in dangerous position as lenders may face massive cascade of liquidations worth approximately $500 million According to blockchain insider Colin Wu and Parsec Finance on-ch...
DeFi Lending Platform AvaxFi secures VC funding from Zen Capital, a Web3 focused Venture Capital fund
The Venture Capital fund Zen Capital is a crypto fund that has quietly built a portfolio of promising companies. It’s led by a group of entrepreneurs and technologists who believe in the power of dece...
Katie Haun’s New Fund Leads $32M Round in Lending Protocol Euler
“The primary purpose of Euler when we first started the project was to remove a lot of the barriers to entry that projects have in terms of getting listed under a DeFi protocol,” Euler CEO Michael Ben...
Genesis is parking $75 million in capital into Maple’s Solana-based lending platform
Genesis, one of the crypto market’s biggest lending and trading firms, is ramping up its decentralized finance footprint by contributing $75 million to Maple’s Solana-based lending platfor...
Genesis Investing $75M into Maple’s Solana-based Lending Platform
Genesis will be the sole provider of capital making it the largest starting pool size recorded on Maple Finance. Trading firms like Wintermute and Amber Group have shown interest to borrow. Genesis, ...
CrossTower Takes Aim At NFTs, Lending And Institutional Asset Management In Crypto
Benzinga, a media and data provider bridging the gap between retail and institutional investors, will be bringing back its annual Global Fintech Awards event to New York City on Dec. 8, 2022. Ahead of...
Introducing Zenith.Finance, a Dark-horse Lending Protocol Crypto Players Should Notice Recently
Place/Date: – May 28th, 2022 at 9:23 am UTC · 3 min read Source: Zenith.Finance In the past years blockchain industry saw the explosive growth in innovative blockchain financial applications cov...
Aave Lending Protocol has an impressive regime, don’t you think?
Undoubtedly, blockchain technology has brought a lot of ways to the existing systems and even revolutionized the traditional financial systems. Once the financial systems that remained centralized for...
Crypto Lending Platforms in 2022!
For many people, this is the first time seeing that it is possible to lend and borrow on DeFi. We have truly transitioned into a world where intermediaries & central authorities can be removed fro...
Binance App Adds DeFi Lending & Borrowing With Venus Protocol Mini Program
Binance recently added decentralized lending and borrowing via the Venus Protocol Mini Program. The blockchain and crypto provider will offer these services on Android and iOS platforms with the integ...
Is This Crypto Lending Company Any Good? Part 1
Key Takeaways Even if the interest rates seem similar, there are many other factors to consider. Look for a clean record with no security breaches, mishandling of funds, or regulatory issues. Look for...
Is Crypto Lending Giant Celsius Planning An IPO?
An announcement from crypto lender Celsius Network on Monday suggests that the company or its unit could be looking at a possible initial public offering. Celsius said in a press release that its unit...
DeFi Lending Sector Sees Investor Exodus Amid Market Meltdown
Industry analytics firm DappRadar has just released a report on the situation, and it doesn’t look pretty. On May 13, the firm reported that DeFi’s total value locked (TVL) is down more than 40% over ...
DeFi transforming lending routes on the blockchain
The world of decentralized finance (DeFi) is gradually expanding to encompass a significant share of the global financial lending space by virtue of the inherently trustless manner of operation and th...
Germany Declares Crypto Gains Tax-Free After 1 Year — Even if Used for Staking, Lending – Taxes Bitcoin News
The German Ministry of Finance has published a letter officially confirming that the sale of crypto assets is tax-free after one year even if the coins are used for staking and lending. How Crypto Gai...
Tron Founder Justin Sun Announces Rewards On USDD Deposit; Promotes Lending Protocol JustLend
Justin Sun, the founder of Tron blockchain, in an announcement on Twitter, said that traders will now be able to earn rewards on the deposit of recently launched USDD, an algorithmic stablecoin create...
Aada Finance Launches Its Cross-Currency Lending and Borrowing Protocol on Cardano
– Advertisement – Aada Finance Launches Its Cross Currency Lending Product on Cardano. The Cardano utility continues to grow as Aada Finance announces the launch of the testnet version o...
Ethereum Gas Costs Are Spiking as Lending Platforms Report Increased Gas Consumption
Arman Shirinyan Ethereum reports increased network usage as market remains in panic According to Nansen gas tracker, Ethereum’s gas cost spiked to 1000 Gwei as the network faces a massive increa...
Terra’s Planetary Collapse Is Taking Down Crypto Lending; Altcoins Plummet
Still, other cryptocurrencies fared far worse, a sign of the risk-off environment that has investors veering away quickly from any asset with a whiff of risk. Ether, was trading at about $1,960, off a...
Upstart CEO defends increased loan balance, says the AI lending platform’s model hasn’t changed
In an interview Tuesday with CNBC’s Jim Cramer, Upstart Holdings CEO David Girouard sought to downplay investor concerns about the increased loan balance held on the financial technology firm...
Cardano NFTs as collateral for lending- The Cryptonomist
In this article we are interviewing Matteo Cappola from FluidTokens, a project on Cardano working to unlock the use of NFTs as collateral for loans in a decentralized and peer-to-peer way. In other wo...
SmartCredit.io Introduces Staking, Credit Lines, and Bonus Rewards to its Peer-to-peer Lending & Borrowing Marketplace
SmartCredit.io ventures into the world of credit lines, staking, and bonus rewards through its decentralized finance loan marketplace. Furthermore, the platform now supports various new collaterals an...
SmartCredit.io Introduces Credit Lines, Bonus Rewards, and Staking to its P2P Lending & Borrowing Marketplace
Advertisement     Through its decentralized financial lending marketplace, SmartCredit.io dives into the world of credit lines, staking, and bonus rewards. The platfor...
Robinhood Launches Stock Lending Program
On Wednesday, Robinhood, a major US commission-free stock trading and investing app, announced the official launch of the Stock Lending program. According to a blog post published by the platform, Rob...