Crypto Lending
Crypto Lender BlockFi Says Monthly Revenue Up 100% After Bitcoin Halving User Boost
BlockFi said it has seen a surge in revenue since the bitcoin halving and the launch of its mobile app.
Cred Taps Former NSA, Western Union Bosses for Leadership Team
Crypto lender Cred is bolstering its technical knowledge by bringing on an experienced CISO and CTO.
Bitcoin Mining Pool Poolin Partners With BlockFi to Expand Crypto Lending Service
Poolin, the second biggest bitcoin mining pool by total network power, is expanding its crypto lending and financial services businesses.
BlockFi Hires Credit Suisse, Prudential Execs to Drive Global Expansion
Crypto lender BlockFi has hired two execs from traditional finance to help launch a bitcoin rewards card and build out business teams in Europe and Asia.
Genesis CEO Details 'Black Thursday' Chaos in Q1 Lending Report
Crypto lender Genesis Capital increased its loan book to $649 million during a tumultuous Q1 marked by wild fluctuations in the price of bitcoin.
BlockFi Raises Deposit Rates as Bitcoin Crash Juices Loan Demand
Market makers and proprietary traders are taking out more crypto loans after the second-largest price drop in bitcoin created a new, more volatile market.
$100M+ in Margin Calls: Crypto Lenders Demand Collateral as Market Buckles
“As of five minutes ago, everyone who needed to post collateral has,” Genesis CEO Michael Moro said Friday afternoon.
Previously Crypto-Only BlockFi Adds Cash On-Ramp Through Silvergate Partnership
Crypto lender BlockFi now supports cash deposits.
BitGo Reveals Bitcoin Lending Push; $150M Booked So Far
With big banks still mostly eschewing the 11-year-old digital-asset industry, a new breed of lenders is stepping into the void to meet the demand. Enter BitGo.
Crypto Lender Babel Hits $380M in Outstanding Loans
Chinese cryptocurrency lending startup Babel Finance said it has reached a record of $380 million in outstanding loans as of February.
