Crypto-Backed Lending
Why Genesis, BlockFi, Ledn Are Cutting Interest Rates on Large-Scale Bitcoin Deposits
Genesis is cutting bitcoin deposit rates effective Thursday, following BlockFi's reduction last week.
Maple Finance Raises $1.4M for Its Reputation-Based DeFi Lending Platform
The funding round, led by Framework Ventures and Polychain Capital, will help to further develop and launch asset pools.
CEO Says BlockFi Is Lending to Crypto Miners as Other Providers Pull Back
Crypto lending platform BlockFi has begun extending credit to miners as competition for their business has eased during the coronavirus crisis.
Here’s Why Interest Rates on Cryptocurrencies Could Be a Game-Changer
The growth in crypto lending platforms is giving birth to a new type of valuation metric: interest rates.
Bitfinex Investor's Crypto Lending Startup Posts $2.3M in 2019 Revenue
China-based RenrenBit has disclosed it took $600,000 in net income from revenue of $2.3 million in 2019.
Crypto Lender BlockFi Rolls Out Zero-Fee Trading for Bitcoin, Ether, GUSD
BlockFi, the cryptocurrency lending service, is expanding into trading with an unusual, zero-fee model.
Binance Launches Crypto Lending With Up to 15% Annual Interest
Crypto exchange Binance is now offering users up to 15% in annualized interest for lending their crypto assets such as BNB and USDT.
$60 Million and Rising: China's Crypto Funds Try Lending to Beat Bear Market
Investors such as Bixin Capital, FBG Capital and Dong Zhao’s DGroup have been lending tens of millions of dollars in crypto since the fall.
Crypto Lender BlockFi Cuts Interest Rates Paid to Largest Account Holders
Just weeks after launching the product, BlockFi has cut the interest rate paid to large customers on its crypto deposit account.
BlockFi Raises $52.5 Million in Round Lead by Novogratz's Galaxy Digital
Crypto-lending firm BlockFi raised $52.5 million in a fundraising round led by Mike Novogratz's Galaxy Digital.
