Lending
Binance Pool Starts $500 Million Fund to Support Bitcoin Mining
The entity is the latest to join the growing ranks of alternative lenders looking to provide capital to the distressed mining industry.
TrueFi's $4M Bad Debt in Limbo Shows Risk of Crypto Lending Without Collateral
Decentralized lending protocol TrueFi’s experience with loan default reveals its recourse for recovering bad debts: old-school solutions that can be time-sapping and costly, such as taking borrowers to court.
Reuniting Borrowers and Lenders on Defi
Morpho is an Ethereum application bringing peer-to-peer to lending to protocols like such as Aave and Compound. Paul Frambot is the co-founder.
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.
