Crypto Lending
Celsius sues BitMEX for $495 million over 2020 crash liquidations
The estate is chasing 6,360 BTC lost in the Covid crash — a leveraged long position that sits awkwardly with the lender's delta-neutral marketing.
Compound bets $52 million, new leadership team in switch to institutional focus
The protocol pioneered decentralized finance lending, but assets locked have tumbled from a peak five years ago. Now it's looking to attract institutions after retail traders lost interest.
Solana lending giant Jupiter now lets the same dollar earn twice
The new Lend v2 product turns deposits and borrowed assets into trading liquidity, tying higher returns to whether Jupiter’s router can send enough swap flow to the new vaults.
Aave logs biggest network-growth day in nearly 5 years as DeFi interest returns
The lending protocol added 1,806 new wallets in a single day, the most since October 2021, according to Santiment. The AAVE token has risen about 20% in a week even as the broader market slides.
Bitcoin lending is entering a new institutional era, according to Silicon Valley Bank
The bank said bitcoin lending has emerged from the 2022 crypto credit collapse with stronger risk controls, growing institutional participation and a path toward lower borrowing costs.
Crypto trading firm BlockFills files for bankruptcy
The institutional crypto lender filed for bankruptcy after suspending withdrawals, incurring about $75 million in losses and facing a lawsuit alleging misuse of customer funds.
U.S. judge freezes BlockFills assets in dispute over 70 bitcoin with creditor Dominion Capital
A New York federal court barred the crypto trading firm from moving bitcoin tied to Dominion Capital, citing suspended withdrawals and insolvency concerns.
Blockfills co-founder and CEO Nicholas Hammer has stepped down
The crypto lender suspended client deposits and withdrawals earlier this month due to recent market and financial conditions.
Susquehanna-backed Blockfills up for sale after $75 million lending loss
The Chicago-based company said it was temporarily suspending client deposits and withdrawals last week due to recent market and financial conditions.
Spark looks to build a safe bridge between onchain capital and TradFi
Spark is opening access to its $9 billion stablecoin liquidity pool for hedge funds and other institutions to bridge onchain capital with off-chain credit markets.
