Crypto Lending

Crypto.com Tells Loan Customers in 'Excluded' Countries to Repay by March 15
Customers in “excluded jurisdictions” must close their loans before Crypto.com does it for them.

BlockFi Will Register Its Lending Product With SEC as Part of $100M Settlement
Crypto lender BlockFi will move forward with registering its high-yield crypto-lending product with the agency as part of its $100 million settlement deal with the U.S. Securities and Exchange Commission (SEC). "How are we actually promoting innovation?" Jenn Sanasie asks, adding that companies receive no protections from the government agency. Plus, "The Hash" team discusses SEC Commissioner Hester Peirce's response.

‘DeFi 2.0’ Platform JellyFi Raises $4.4M Seed Round
Over-collateralized lending reigns supreme in DeFi. JellyFi wants to change that.

Crypto Lender Nexo Teams Up With Fidelity to Offer Products for Institutional Investors
The deal gives clients of Fidelity Digital Assets access to Nexo’s crypto prime brokerage.

Crypto Lender Celsius Admits Losses in $120M BadgerDAO Hack
However, the company didn’t specify the amount it lost.

Goldman Sachs, Other Wall Street Banks Exploring Bitcoin-Backed Loans: Sources
U.S. banks want to use bitcoin as loan collateral without touching the bitcoin.

Crypto Lender Celsius Network Raises $400M in Bid to Reassure Regulators
The investment gives the company a $3 billion valuation.

NFT Rentals: Why VCs Are Backing a Puzzling New Project
Animoca Brands is leading a $1.5 million bet on reNFT, a year-old DAO that lets you rent out NFTs on the Ethereum mainnet.

Nexo Co-Founder Details Crypto Lender’s Plan to Stay Out of Regulators’ Crosshairs
Nexo wants to avoid the fate of BlockFi and Celsius, which are under investigation by U.S. state regulators.

Celsius CEO Eager to ‘Educate’ Securities Regulators in Brewing Legal Fight
In an AMA Friday, Celsius CEO Alex Mashinsky said the crypto lender was ready to work with regulators.

