Lending

Crypto Lending Firm Ledn to Acquire Canadian Fund Manager Arxnovum
With the deal, Ledn will be able to offer more types of investments.

DeFi Platform Ribbon Finance's Unsecured Lending Product Sees Crypto Firms Folkvang and Wintermute Borrow Over $10M
Ribbon's Lend, which went live on Monday, allows institutions to borrow funds without having to lock in collateral.

Crypto Loans Are Booming in Latin America Amid Runaway Bank Rates and Inflation
The traditional banking system and economic instability are making it difficult for Latin Americans to get credit, but crypto lending is thriving across the region.

Bankrupt Crypto Lender Celsius Network's CEO, Alex Mashinsky, Resigns
Celsius' CEL token is trading 8% lower following the announcement.

California, New York Join Several States Ordering Crypto Lender Nexo to Halt Yield Product
Seven states have ordered a halt to Nexo’s “Earn Interest Product” accounts, accusing the company of improperly offering unregistered securities.

Co-Founder of Failed Crypto Exchange QuadrigaCX Starts DeFi Protocol UwU Lend
The new platform released by Michael Patryn has already secured $57.5 million in total value locked.

DeFi Platform Maple Finance Aims to Help Struggling Bitcoin Miners With $300M Lending Pool
The DeFi platform is launching its first fully collateralized, industry-specific lending pool with up to 20% interest rate as bitcoin miners are finding it tough to raise capital.

DeFi Lender Compound Takes Bite of Institutional Crypto Loans Pie
Compound will take bitcoin as collateral against stablecoin loans made by institutions.

Crypto Lender Maker Turns to Staked Ether to Reduce USDC Influence
The development is part of a move away from centralized crypto products such as stablecoins.

Hodlnaut Judicial Managers Weigh Unwinding Crypto Lender's Assets Before Ethereum Merge
The court-appointed managers of Hodlnaut in Singapore say they are concerned about incorrect pricing being relayed to smart contracts after the blockchain's software upgrade.

