Episode 107 of Season 4 of The Scoop was recorded live with The Block’s Frank Chaparro and Abra Co-Founder & CEO, Bill Barhydt. Listen below, and subscribe to The Scoop on Apple, Spoti...
Tag: lending
How Do Cryptocurrency Lending Platforms Work?
The cryptocurrency sector has been growing rapidly over the past few years. One of the newest products in the market is crypto lending, which allows investors to borrow against their digital assets. ...
Solana-Based Lending App Solend Gets Hacked for $1.26 Million in ‘Oracle Attack’ – Defi Bitcoin News
The Solana-centric lending application Solend lost $1.26 million in an oracle attack, according to Solend’s official Twitter account on Wednesday. A number of affected pools were disabled, and Solend ...
Gibraltar Will Focus on Stablecoins and DeFi Lending After Market Turmoil
Gibraltar Financial Services Commission (FSC) wants to bring decentralized finance lending and stablecoins into “sharp focus,” William Gracia, Head of distributed ledger technology (DLT) and markets a...
Crypto Lending Dropped 80% In Q3, Genesis Trading Report Reveals ⋆ ZyCrypto
Advertisement     Genesis Trading, a leading global crypto brokerage firm reported an 80% plunge in its lending segment, taking the third consecutive beating in Q3 fol...
Genesis Trading Sees Huge Drop in Appetite for Crypto Lending
Crypto brokerage firm Genesis trading has recently published a new report explaining how the crypto lending market is facing the heat of massive correction in the crypto space. For the third quarter o...
Bonds.org: Game-changers in Cardano Decentralized Lending
Place/Date: – October 25th, 2022 at 4:14 pm UTC · 3 min read Contact: Bonds, Source: Bonds Instant access to capital is the foundation of all innovation in DeFi. Liquid cash loans fuel the dream...
DeFi Lending Platform Built on Polygon (MATIC) Hacked for $220,000 in Flash Loan Attack
Decentralized exchange (DEX) QuickSwap is ending its lending pool after sustaining losses in a flash loan attack. The Polygon (MATIC) based DEX says $220,000 worth of tokens were stolen following an e...
Quickswap to close lending market following $220K exploit
Decentralized exchange QuickSwap said that it will close its lending pool after Market XYZ was exploited in a flash loan attack. In the early hours of Oct. 24, blockchain security firm PeckShield flag...
Vauld seeks another four months of protection against creditors
Troubled Asian crypto lender Vauld needs more time to sort out its financial problems, as the firm has applied for another four months of protection against creditors, according to court documents obt...
Crypto Fall Made DeFi App Maple to Tighten Lending Rules
2 hours ago | 2 mins read Defi News DeFi App Maple Finance imposed tighter restrictions for borrowers. Borrowers on Maple Finance are mandated to sign up with Credora. Decentralized finance App Maple ...
Celsius’s Troubles Keep Getting Worse as Federal Investigators Zero In on Failed Lending Firm
Alex Dovbnya The beleaguered cryptocurrency lending firm is facing investigations in various cryptocurrency states Embattled cryptocurrency lender Celsius is under federal investigations, Bloomberg re...
Bankrupt Crypto Lending Platform Celsius Faces Federal Investigation, According to Court Documents
New court documents reveal that bankrupt crypto lending platform Celsius is facing a federal investigation as well as inquiries in 40 US states. According to a recent filing, Celsius faces a “signific...
$8.4m Exploit Breached from DeFi Lending Protocol Moola Markets
Another exploit hits the crypto industry with roughly $8.4 million stolen from Moola Markets, a non-custodial liquidity and lending protocol built on the mobile-first Celo blockchain. According to Res...
Maple Finance Launches $300 Million Bitcoin Miner Lending Fund, Oryen Network the Better Option?
Maple Finance has announced it will be offering loans to Bitcoin miners looking to stay afloat in this bear market. The costs of mining the cryptocurrency have skyrocketed, with energy prices climbing...
Justin Sun Withdraws Millions of Dollars’ Worth of USDT from Aave’s Lending Pools
According to data released by blockchain security and data analytics company PeckShieldAlert on Monday, the address labelled as Justin Sun has withdrawn more than $100 million worth of USDT stablecoin...
Umee Launches Native Lending and Borrowing, Unlocking Full Cosmos Interoperability Potential
The upgrade follows the successful launch of Umee’s institutional lending DAO UDX and contributes to its vision for onboarding the $200 trillion global debt markets on the blockchain NEW YORK–(BUSINES...
Binance launches $500M lending project to support crypto miners
Binance Pool, a mining subsidiary of Binance, launched a $500 million lending project to support the crypto mining industry. It will provide loans to private blue-chip Bitcoin (BTC) crypto miners. Ac...
Binance Pool Launches A $500 Million Lending Facility For Cash-Strapped BTC Miners ⋆ ZyCrypto
Advertisement     Binance Pool has launched a $500 million lending project aimed at helping crypto miners keep their heads above water amidst the devastating crypto wi...
TrueFi’s $4M Bad Debt in Limbo represents Risk of Crypto Lending without guarantee
On October 9, TrueFi, DeFi’s first and largest credit protocol, published a “notice of default.” Blockwater, a leading digital asset investment firm, which reportedly missed payment on a $3.4 million ...
Binance Launches $500 Million Lending Pool for Bitcoin Miners
Binance, the world’s largest cryptocurrency exchange, has unveiled a $500 million lending pool for Bitcoin miners, as a combination of energy costs, low Bitcoin prices, and higher-than-ever mining dif...
Mango Markets On Solana Exploited For $100 Million, Forget Lending Protocols To Park Wealth And Consider Uniglo.io
Join Our Telegram channel to stay up to date on breaking news coverage The lending protocol ‘Mango Markets’ on Solana faced an exploit that drained $100M out of the protocol – another blow for DeFi th...
Binance Pool Unveils $500M Lending Project to Support Bitcoin Mining Industry
With the bear market taking a heavy toll on the crypto mining industry, Binance has announced a new lending project. The development follows the founder of Bitmain, Jihan Wu’s announcement of establis...
Binance Pool Launches $500M Lending Initiative For Miners
5 hours ago | 2 mins read Exchange News Interest rates on these loans will be between 5% and 10%. In a blog post, the exchange announced its plans to provide cloud mining services. Binance, a prominen...
TrueFi’s $4M Bad Debt in Limbo Shows Risk of Crypto Lending Without Collateral
“Defaults are ordinary course in this asset class and critically important to refining risk parameters and pricing over time,” Roshan Dharia, head of lending at Archblock, a core TrueFi co...
DefiLlama Developer Announced Launch of NFT Lending Protocol
On Monday, 9th October 2022, creator of popular defi project aggregator DefiLlama, 0xngmi made an announcement on Twitter. The announcement noted the information about completion of LlamaLend. The pro...
Crypto Lending Platform Moon Mortgage Raises $3.5M Seed Round
“People are already incentivized to use their crypto to invest in real estate; the problem is that until now they have never had the ability to,” co-founder and CEO Aaron Nevin told CoinDesk. “Histori...
SoFi stock rockets as earnings deemed ‘outstanding’
Shares of SoFi Technologies Inc. were flying higher in premarket trading Tuesday after the financial-technology company posted results that were dubbed “outstanding” by one analyst. Though the company...