Crypto Lending
Crypto Lender BlockFi Raises $350M at a $3B Valuation
BlockFi plans to use the Series D to build a range of financial services, said CEO Zac Prince. Is a public offering next for the crypto unicorn?
Gemini Partners With Crypto Lender Genesis to Offer 7.4% Yield on Customer Deposits
The product is part of Gemini’s attempt to bring in new crypto investors with bank-like products.
Why Celsius Thinks CEL Won't Receive the Same SEC Treatment as XRP
In an interview with CoinDesk TV, CEO Alex Mashinsky explained why CEL has drawn recent interest from altcoin investors.
Here's What Happened at Crypto Lender Cred's Latest Bankruptcy Hearing
Judge John Dorsey of the Delaware Bankruptcy Court rejected a motion to appoint a Chapter 11 trustee to oversee Cred’s restructuring.
Aave Launches V2 in Bid to Make Borrowing Against Volatile Assets Less Risky
DeFi platform Aave has rolled out its second version, with several features that should make it more flexible and more capital efficient.
BlockFi Announces Early 2021 Launch for Bitcoin Rewards Credit Card
BlockFi CEO Zac Prince said it will be the first credit (not debit) card in the cryptocurrency industry.
Leading Japanese Financial Firm SBI Holdings Rolls Out Crypto Lending Services
A subsidiary of SBI Holdings said it's launched a service allowing users to ‘lend’ bitcoin to the firm and earn an interest at the rate of 1% annually in return.
Bad Loans, Bad Bets, Bad Blood: How Crypto Lender Cred Really Went Bankrupt
Cred’s bankruptcy filing mainly blames fraud by an outside party. The full picture painted by former employees is more complex, and highlights the risks of the budding crypto lending market.
Crypto Lender Cred Files for Bankruptcy After Losing Funds in Fraud
In October, the lender published a cryptic letter saying it has experienced “irregularities” in the handling of “specific” corporate funds by a “perpetrator of fraudulent activity.”
Crypto Lender Celsius Taps Horizen for 'Proof-of-Reserves' Proof of Concept
The proof-of-reserves pilot would take information that appears on Celsius’ website and have it fed from a public Horizen sidechain instead.
